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Emerging Designers - Have your Pricing and Margins right

As a Fashion Start Up, Young Designer or Emerging Designers,
1. have you faced situations where Buyers love your collections yet they do not buy it?
2. are you frustrated not to know how to build your price point for your collection?
3. do you feel you may not be planning the right margin for your collection and you may never make a profit?
4. do you think Buyers are not buying because the mark up you give them is too low?
...

Those questions are all legitimate and over 30% of startups and young designers fail to have the right pricing and margins for them and for the retailers they sell to.

Can it be fixed?  YES
How long does it take?  A SHORT ONLINE COURSE
How much does it cost? £ 49  

SPECIAL PROMOTION - This month event

We thank you for visiting our web site and due to the launch of a series of new products and services, we give you the opportunity to try us at a very special price.

Retail / Wholesale - 4 hours consulting, operations audit and execution    
Normal Price £ 400 + VAT                 This month: £250 + VAT (UK total £300)

Act today +44 20 8576 6233 +1 646 360 1201

Check the video in Read More.

BELIEF - "I have the ability to become a Designer"

Every aspiring Designer will believe that he/she has the ability, skills, experience to become a Designer and set up and launch a global fashion brand.

And they are right.
Believing in yourself is the first step towards success. However it is not the only one.

EXERCISE
Go and interview 10 Designers and ask them to honestly answer a few questions about their journey in the Fashion world. 
Make them think about past specific events, opportunities or challenges and ask them to give you the context, process and logic around the decisions that were made.
If they were to go back to that time but with the insight of today's experience, what would they do differently and why.

 

Time Management & great quotes

What will break or make your business succeed is time and priority management.
How do you rate yourself?
Do you regularly procrastinate tasks which are important in the business?
Do you just focus on the easy ones?
Do you only focus on the ones you love doing or those which are urgent but not important?

Let's check what other Business people say about Time Management and let's review some other great quotes from business leaders or successful people ...

Douglas Reid - Xerox Corp
"Management has the responsibility to explain to the employee how the routine job contributes to the business's objective. If management cannot explain the value of the job, then it should be eliminated and the employee reassigned."

Anthony Robbins- Motivational Speaker
"If you do what you've always done, you'll get what you 've always gotten."

Richard Branson - Founder Virgin Group
“One of my favorite tricks is to conduct most of my meetings standing up. I find it to be a much quicker way of getting down to business, making a decision and sealing the deal. When given the opportunity I often like to take things a step further – literally, with a walking meeting.”
“I think the number one thing that I take with me when I’m traveling is the notebook… I could never have built the Virgin Group into the size it is without those few bits of paper.” “If you have a thought but don’t write it down, by the next morning it may be gone forever.”

Read those from Warren Buffet, Malcolm Forbes ...

Get real! Time to learn or Time to sell?

Get real. It's time to wake up.

It's not a time to learn, it's a time to sell.
In a nutshell, this is the answer we get from most Young Designers and SMEs (and retailers).

If you love videos then this one is for you: 4 reasons why we fail!

When we speak to Brands or those working with Brands, Fashion Brands just want to sell. They are just looking for buyers.

So Brands are in no way interested to learn how to do things.

A Chinese Proverb states
Give a man a fish and you feed him for a day;
Teach a man to fish and you feed him for a lifetime.
Which one do you prefer?

Fashion Designer: Are you an egg, a carrot or a coffee bean?

A LITTLE STORY THAT CAN HAPPEN TO ALL OF US

A young woman went to her mother and told her about her life and how things were so hard for her. She did not know how she was going to make it and wanted to give up. She was tired of fighting and struggling. It seemed as one problem was solved, a new one arose.

Her mother took her to the kitchen. She filled three pots with water and placed each on a high fire. Soon the pots came to boil. In the first she placed carrots, in the second she placed eggs, and in the last she placed ground coffee beans. She let them sit and boil; without saying a word.

Tom Ford - Top Business / Creative Tips

We want to share a very business insightful article from VOGUE AUSTRALIA and journalist Julia Frank on Tom Ford’s top advice on building a Fashion Brand.

With our Mentors and Subject Matter Experts, we understand, live and breath Fashion and Retail every day.

You have below and in the article from Vogue a great summary that will make your investment in time and money very profitable indeed.

If you need more help, guidance and support or just operations expertise, send us an email or connect on social media such as Twitter.

1. “Trust your instincts when it comes to design.”

How to build a successful Global Fashion Brand?

As a Young or Emerging Designer, setting up and managing a Fashion Brand is not an easy project.

You are becoming a Business Designer so you know that the reasons why we fail are

1. we do not have the skills, knowledge or mastery to launch our Brand

2. we do not have the processes 

3. we do not deliver consistently

and 

4. we lack a coach, mentor or sounding board.

Read this insightful article on how to build a successful global Fashion Brand: The 6 Ps of Success.

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