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Millennial Life Crisis

How She Sold $13M in Handbags In 1 Year with Jenny Lei of Freja

Millennial Life Crisis

Shelby Church

Business, Leisure, Education, Fashion & Beauty, Arts, Self-improvement, Society & Culture

4.81.9K Ratings

🗓️ 20 April 2025

⏱️ 56 minutes

🧾️ Download transcript

Summary

In this episode of Step-by-Step, I chat with Jenny Lei, the founder of Freja — the minimalist handbag brand that grew from an idea into a $13M business. 🩺 This episode is sponsored by Zocdoc Stop putting off those doctor appointments and go to zocdoc.com/shelby to find and instantly book a top-rated doctor today. https://zocdoc.com/shelby ⏱️ Chapters 0:00 - Intro 2:08 - The Interview Bag That Started It All 6:20 - Launching Right Before the Pandemic 10:15 - Manufacturing Struggles & the $2,000 Sample 14:45 - From Dropshipping to a Real Brand 20:58 - Breaking Even, Then Breaking Through 27:30 - Building a Brand, Not Just a Bag 34:02 - Celebs, Content, and Going Viral 40:47 - Team Growth & Staying Independent 47:55 - Mindset Shifts & Journaling as a Superpower 👜 Check out Freja: https://frejanyc.com 📸 Jenny's Instagram:   / jennyleii   📍 My Instagram:   / shelbychurch   For business inquiries please email [email protected] with Step By Step Podcast in the subject line. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It wasn't like, oh, I need to start a bag brand and I need to get this much funding to start that.

0:03.8

It was more of, I think this could work.

0:06.3

My first red flag should have been, this is what you need to get me.

0:09.2

So I'm like, I thought that was your job.

0:11.0

I sat and waited for eight weeks and it was terrible.

0:13.7

They reported that you guys made $9 million in revenue.

0:16.4

13. How much should you make from drop shipping in profit? My budget was, I'm going to spend as little as I can to make this happen.

0:23.2

So my factor was like minimum quantity, 500 is like, no, I can only pay for 100.

0:31.9

Okay, guys, welcome back to step by step with me, Shelby Church.

0:35.4

Today we have Jenny here who started Freya, which is a handbag

0:39.9

collection company really that I feel like is blowing up right now. I feel like I'm seeing it

0:45.8

everywhere like all over Instagram and stuff. So I'm excited to chat today. Yeah, I actually found

0:50.4

you from that CNBC video. They did a video on your company and how it had like a really

0:56.3

good year. And I was like, well, but I recognized it. I was like, I've seen this for sure on

1:00.5

Instagram and stuff. Yeah. So I want to give some background of what the company is, how you got

1:05.3

started and all of that. So Freya's my baby. It just turned five. I started Freya out of college because I, well, I didn't have a job. And I had this one last really important interview that I thought, okay, this is my chance. Yeah. And I went to this interview, but I didn't have a bag that I felt really confident bringing to this interview. So I end up picking out a bag from like a convenience store, like a $20 one.

1:28.2

I walk into the interview, didn't feel confident, obviously didn't get the job, bombed it really hard.

1:33.1

I'm like, you know, I think it was a bag.

1:34.8

And I'm sure I'm not the only one that has that problem.

1:37.1

So I went back to school that day and I started designing a bag.

1:41.8

And I thought, you know, I'm not a designer, but I think I can make one work bag really,

1:46.6

really well. So that's what we did. Took a year to kind of get the design down and then started

...

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