277: Launching Lab141 with Andrea Madho
The How of Business - How to start, run, grow and exit a small business.
Henry Lopez, Levante Business Group
4.7 • 522 Ratings
🗓️ 7 October 2019
⏱️ 52 minutes
🧾️ Download transcript
Summary
Starting a clothing business Lab141 - an online platform which offers one clothing style at a time produced in small batches - with Andrea Madho. Andrea shares her entrepreneurial experiences, the inspiration for her current revolutionary garment industry business, and advice for aspiring entrepreneurs. After a successful career on Wall Street public relations, she is now changing the way clothes are made. Andrea is also the host of the Stroke of Genius podcast.
Henry Lopez is a serial entrepreneur, small business coach, and the host of this episode of The How of Business show – dedicated to helping you start, run and grow your small business. (TheHowOfBusiness.com)
Transcript
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| 0:00.0 | Welcome to the How of Business with Henry Lopez and David Begin, the podcast that helps you start, run, and grow your small business. And now here are your hosts. |
| 0:15.0 | Welcome to this episode of the How of Business. Henry Lopez here with you and my guest, Andrea Madhow, Andrea, welcome to the show. |
| 0:23.0 | Thank you so much, Henry, for having me. I really, really am looking forward to our conversation. |
| 0:28.6 | As am I, as I am I, as I was doing the research. And of course, we'll get into how I came to |
| 0:33.3 | to know you or know of you, rather. I'm really looking forward to this. We're going to chat about |
| 0:39.7 | Andrea's very interesting entrepreneurial journey, how she got to where she is today. She had an |
| 0:45.7 | extensive and varied corporate career and then decided to start her own business. And so we'll |
| 0:51.4 | talk about that unique experience and her stories and her |
| 0:55.6 | perspectives. If you want to receive more information about the Howa business, including links |
| 1:00.5 | to the show notes page for this episode, just text a word biz, B-I-Z, to 31996, and I'll reply with |
| 1:08.8 | the link. So Andrew Madhoh is an entrepreneur and after a successful career on |
| 1:13.7 | Wall Street and doing high-tech public relations, she is now using her personal frustrations and |
| 1:20.5 | passion as she'll explain to drive change in the way clothes are made. Her company, as she explains, advanced, has leveraged, rather, |
| 1:31.2 | advanced manufacturing for fashion and is the first systemic process innovation in 100 years in the |
| 1:39.3 | garment industry. They use ultra low cost cutting tables and alternative supply chain logistics to enable luxury brands to offer the clothes made to fit in 48 hours. |
| 1:51.6 | There's no inventory, no sizes ever, and it's made in New York. |
| 1:57.0 | So this point of the sizes is really the big driver, as Andrew will explain and you'll soon understand. |
| 2:04.0 | Andrew has been recently featured in a TEDx presentation where she talks about this, how this idea came to be. |
| 2:10.9 | She also was the host of season two of one of my favorite podcasts, The Stroke of Genius. |
| 2:17.2 | The Stroke of Genius is a podcast produced by the Intellectual Property Owners Education |
| 2:21.9 | Foundation. |
| 2:23.4 | Andrea lives in New York City, in Brooklyn specifically. |
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