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Fashion Brand Failure: #1 Mistake Failed Fashion Designers Make & How to Avoid It

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53% of Fashion Businesses fail within the first 4 years, according to Entrepreneur Magazine. In this video I cover 2 Topics: 1. The trap or the reason majority of first-time fashion designers tell themselves when they want to be in the fashion business. 2. A simple exercise that you as a future fashion designer must you do minimize your risk so you don’t add to clothing line failure rate and increase your chances of success. There are a number of reasons why clothing brands fail but in my experience, the #1 reason I have seen, especially for a new fashion designer is that they do not realize what is involved in running a fashion business. They often confuse their passion for fashion with fashion business. When you want to start a clothing business, its important understand that the goal of the fashion business is to make money. This tutorial lists how to find that difference and what are the costs involved in starting a fashion business that will cut in to a fashion designer's profit margin and could make the difference between a successful & failed fashion designer. ****************** Other videos: ****************** How to start a clothing line under $67? https://www.youtube.com/watch?v=3JKL3xIc0Oc 8 Ways to Fund Your Clothing Business https://www.youtube.com/watch?v=udT54wcRW-c
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Text Comments (5)
Yumi Victoriano (2 days ago)
Thank you for this video, sir. It helped me a lot.
vishal kalia (2 days ago)
your welcome Yumi
Please do more fashion related videos
Ivan Turyahebwa (6 months ago)
Thanks for the video. where can I get someone professional to help me get my fashion idea on the paper? I am not a good artist but I have a good fashion idea that I need to draw on the paper
vishal kalia (6 months ago)
Ivan, check out Linkedin and find a pattern maker. They should be able to help & guide you thru putting your ideas on the paper and then you would need to make TechPack for the manufacturers.

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