What to Spend On (and What Not To) When You’re Building a Brand
Aspire with Emma Grede
E13 Media
4.6 • 874 Ratings
🗓️ 4 December 2025
⏱️ 13 minutes
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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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