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Aspire with Emma Grede

What to Spend On (and What Not To) When You’re Building a Brand

Aspire with Emma Grede

E13 Media

Entrepreneurship, Business, Society & Culture

4.6874 Ratings

🗓️ 4 December 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

Have you recently become a new founder and find yourself asking the question: Where should I spend my money when I’m just starting out? What matters most in the beginning, and what can wait? This mini-episode of Aspire with Emma Grede, brought to you by Shopify, will help you answer those questions. On today’s pod, Emma will help you decide which areas of your new business need attention and which areas can wait. When you’re building a brand from scratch, every decision counts. The way you invest in the earliest days has a massive impact on what your business becomes. Luckily, Shopify is a platform that actually lets you put your time and money toward the things that matter. Stay focused on your customer and product while Shopify helps you streamline all the decisions only you can make as a founder.  In this episode you’ll learn why: -Getting early products or prototypes into the hands of potential customers is one of the most important things you can do as a startup. -Social media, PR or a launch event alone will not create longevity or customer loyalty.  -Investing in things your customer will actually feel has a lasting impact. -There's a big difference between what looks valuable and what is valuable. If you’ve been thinking about starting something of your own, Shopify can help you take that first step. It’s built to make turning an idea into a business simple—from setting up your store to handling payments, inventory, and shipping. That way, you can stay focused on what really matters: bringing your vision to life. Explore what’s possible at shopify.com/aspire To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0

Hi and welcome to another special mini episode of Aspire, brought to you by Shopify.

0:15.3

Now, one of the questions I hear the most from new founders is this. Where should I spend my money

0:20.0

when I'm just starting out? And what

0:21.9

matters most in the beginning and what can wait? Now, when you're building a brand from scratch,

0:27.0

every decision counts. The way you invest in the earliest days has a massive impact on what

0:32.6

your business becomes. Here's what I want you to know. You do not need to do everything at once. You only need to

0:38.8

focus on what moves your idea forward. Now, luckily, Shopify is a platform that actually lets you

0:44.7

put your time and your money towards the things that matter. So today, we're talking about how to

0:49.9

invest wisely when you're building a brand and where you can keep things simple. When I think back

0:55.7

to my journey with Good American and later on with skims, I didn't start with like a giant

1:00.4

checklist of what the brand should have. I started with what mattered most, the product and the

1:05.5

customer. For Good American, the entire idea came from recognizing how ignored most women were in the denim market.

1:13.2

I spent a huge amount of time understanding that customer, her needs, frustrations, and fit issues.

1:18.9

And that insight shaped every early decision. We know women with curbs wanted and needed more

1:25.3

from their denim. So we set out to solve those pain points

1:28.2

through innovation. Those innovations are still the very backbone of our denim assortment today,

1:33.5

recovery fabric, a four-piece trouser waistband, reinforced belt loops, all of those things. But the key

1:38.8

insights that led to those innovations came from us speaking directly and deliberately to as many women as possible

1:45.5

about their experience with denim as a category. We had women try early prototypes and we gathered

1:50.6

data from every single early interaction. We kept hearing the same problems over and over again.

1:57.6

So we focused on solving those problems. Getting early product or prototypes

2:02.0

into the hands of potential customers is one of the most important things that you can do as a

...

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