Week 1
After watching the first episode of how to make in America,
I realized the guys had no clue what they were doing. They decided on a whim to go into the jean
making business was apiece cake. They
borrowed money from a loan shark, which kept the “juice running” basically
meaning they guys would pay two hundred to three hundred percent interest on
their startup cash. With no business
plan in effect they were off to the jeans business.
Little did they know having a solid business plan would have
helped in their venture? They needed a
pattern because without a pattern there was no concept for the “jeans.”
The guys at least had a network for marketing. They had a
lot of acquaintances in the New York city-life.
One of the boys had solid knowledge on what they were looking for in the
dos and don’ts of what the market is looking for in men’s jean apparel.
They had hope and later they would find out just how hard
things would get. There fashion industry
is ruthless and without the right knowledge and having all your “duck in a row”
there would be no business to start.
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