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So Money with Farnoosh Torabi

612: Tim Gunn, Project Runway Mentor

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.72K Ratings

🗓️ 14 August 2017

⏱️ 37 minutes

🧾️ Download transcript

Summary

Ladies and gentleman, this episode will forever be an absolute dream come true for me. The day that we had the Emmy Award-winning co-host of Lifetime’s mega-hit show Project Runway Tim Gunn.

Tim is fashion royalty and he’s had a long lasting career as a mentor and educator with roles like  Chair of the Department of Fashion Design at Parsons School of Design, Fashion Dean at Fifth & Pacific and Chief Creative Director at Liz Claiborne Inc. He’s also a New York Times best-selling author.

Takeaways from our time together:

How Tim didn’t get paid when Project Runway first launched (season 1 AND 2). Nada. Zilch.His So Money moment after years of living paycheck to paycheck as a “pauper educator,” he describes.Receiving a $50,000 inheritance in the 1990s and how he used it strategically.Fun Fact: Tim and I actually used to live in the same apartment building together (though I was always too shy to say Hello. I blame my yoga pants.)

For more information visit www.somoneypodcast.com.

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Transcript

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0:00.0

So Money episode 612, a rerun, the one and only Tim Gunn, star of Project Runway.

0:06.5

You're listening to So Money with award-winning money guru Farnoosh Karabi.

0:12.3

Each day, get a 30 minute dose of financial. Award-winning Money Guru Farnu Shkharabi.

0:12.8

Each day, get a 30 minute dose of financial inspiration

0:16.0

from the world's top business minds, authors, influencers,

0:19.6

and from Farnuus herself.

0:22.3

Looking for ways to save on gas or double your double

0:25.0

coupons? Sorry, you're in the wrong place. Seeking profound ways to live a richer,

0:29.9

happier life. Welcome to So Money.

0:34.0

This episode originally aired on October 20, 2015.

0:41.0

Welcome back to So Money, everyone.

0:44.0

Ladies and gentlemen, this episode is an absolute dream come true for me.

0:48.0

I mean, I'm actually having an out-of-body experience right now.

0:51.0

I don't know how I'm doing this introduction but

0:53.2

somehow it's happening. Tim Gunn is here. The Emmy Award winning co-host of

0:58.4

Lifetime's mega hit show Project Runway. Tim is Fashion Royalty and he's had a very long lasting career as a mentor and

1:06.5

educator with roles like the Chair of the Department of Fashion Design at Parsons School of

1:11.0

Design, Fashion Dean at Fifth End Pacific, and chief

1:14.8

creative director at Liz Claiborne. He's also a New York Times best-selling

1:19.4

author and most recently he has an upcoming show debuting this November, November 12th, called Project

1:25.4

Runway Jr.

1:26.7

The show will focus on up and coming emerging young designers age 13 to 17, and Timble

...

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