Lessons from the Rise and Fall of Nasty Gal | Sophia Amoruso

Erika Taught Me

Erika Kullberg

Business, Entrepreneurship

4.8 • 2.3K Ratings

🗓️ 1 August 2023

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

#43: Sophia Amoruso is a serial entrepreneur, investor, New York Times bestselling author, and the founder of NastyGal and #GIRLBOSS. Sophia grew NastyGal from the ground up, and after selling it, she is now putting all her time into her venture capital fund–Trust Fund. In this episode, Sophia talks about the good, the bad, and the ugly of her NastyGal journey and uses her experience to share advice for all business owners and new entrepreneurs looking to raise capital for their businesses. Learn what it takes to build a $100 million business with Sophia's course, Business Class. To apply for the Senior Podcast Producer position at Erika Taught Me: https://erikakullberg.com/producer-application Special thanks to our partners & sponsors: This episode is sponsored by/brought to you by BetterHelp. Give online therapy a try at betterhelp.com/ETM and get on your way to being your best self. Webull (free stocks) - erikataughtme.com/invest Get a 14-day free trial with my sponsor Aura and see where your personal information is being leaked online - erikataughtme.com/aura Bilt Rewards - erikataughtme.com/bilt Thanks for tuning in and come back every Tuesday for a brand-new episode! Make sure you hit the follow button to get notified. Prefer video or want closed captions?⁠⁠ Watch this episode on YouTube. Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠: https://erikakullberg.com/review (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. ⁠Connect with me on Instagram.⁠ For more information, go to⁠ https://www.erikataughtme.com/⁠. Get on my personal finance & investing course priority waitlist here. https://erikakullberg.com/3DMoney Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it. https://erikakullberg.com/MasteringYT ⁠Get more of my free resources.⁠

Transcript

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0:00.0	It's okay to be a work in progress all the time.
0:03.4	Nobody has figured out, nasty gout.
0:05.4	It was a blast.
0:07.0	It was the most fun ride.
0:08.8	From 22 years old, starting that thing,
0:11.6	that first eight years was like the best.
0:14.6	So in 2016, you ended up on the cover
0:16.6	of Forbes Richest Self Made Women.
0:19.0	And you were richer than Beyonce.
0:21.6	How did that feel?
0:22.8	Totally weird.
0:23.8	So that's like early summer of 2016.
0:27.8	By November of 2016,
0:30.3	nasty gout had fallen apart.
0:31.9	I'm Sophia Amoroso, Foundry of Nasty Gout.
0:34.4	What a Forbes Richest Self Made Women.
0:36.5	She is a serial entrepreneur content creator.
0:40.2	She's also a best-selling author of a book called Girlboss.
0:44.8	Now, she is raising her first fund, called Trust Fund.
0:48.8	What do you think is the fastest way to $100,000?
0:52.9	So I think the fastest way to $100,000 right now.
0:58.2	I'm Erica Colberg, and you're listening
	...

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