How Fashion Brands Can Think Like a Startup (Patrick Finnegan) | BoF VOICES

The Business of Fashion Podcast

The Business of Fashion

Fashion & Beauty, Business, Arts

4.6 • 770 Ratings

🗓️ 27 April 2018

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Teenage venture capitalist and entrepreneur Patrick Finnegan shares his secrets to running a successful startup on stage at #BoFVOICES.

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Transcript

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0:00.0	Hi, I'm Imran Ahmed, founder and CEO of the Business of Fashion, and welcome to the
0:07.0	B-OF podcast. Voices is the most stimulating gathering of fashion industry leaders on the planet.
0:13.0	What makes voices different is that we mix our industry with fascinating people from other sectors,
0:19.0	from the worlds of economics, activism, health and wellness,
0:22.5	medicine, film, philanthropy, technology, media, and so many more.
0:27.7	Fashion doesn't live in a bubble, nor should it.
0:30.4	This is one of the sessions from our 2017 gathering.
0:34.5	It was earlier this year that I found myself in Los Angeles on the other side of a very long table at dinner when two young guys on the other side of the table called me over to talk to me about the business of fashion.
0:47.4	One of these young guys was named Patrick Finnegan and his energy and point of view and ideas, they really blew me away.
0:56.3	And I thought he would make a really interesting voices talk.
0:59.6	Patrick is an entrepreneur who has set up his own venture capital fund.
1:04.3	He started his career as an 11-year-old political fundraiser for then-Senator Obama
1:10.0	and has grown his activities to include all sorts of
1:13.5	things, including investing in some of the highest potential businesses coming out of the United
1:18.1	States.
1:18.9	So here's Patrick Finnegan on why we should think like a startup.
1:25.0	When Imran came to me and asked me to speak, I couldn't really figure out why my story mattered.
1:31.5	It was a little puzzling to me, but as I sat and wrote this talk, I was trying to figure out.
1:37.1	And I started comparing what I had done and who had inspired me.
1:42.3	And it was in the end today where I realized that stories matter.
1:47.0	The stories of people alive and dead, famous and obscure,
1:51.0	gathered in a room like this years ago, or maybe today,
	...

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