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Good Business Idea? Asymmetrical Minimalist? Any Clothing Business People Here?

post #1 of 14
9/21/09 at 11:26pm
Thread Starter 
For my entrepreneurship class, I'm asked to create a business plan for a business that I would like to create. I've been thinking about wanting to start my own clothing company, which produces asymmetrical clothing (what inspired me was Alexander McQueen's asymmetrical cardigan). The price tag was hefty, I was thinking about starting my own company that sells clothes at a more affordable price. Do you guys think it is a good business idea? If I do decide to do this, how much would I be looking to invest in this company (I would start selling online before I open my own boutique in nyc)?

How much does it cost to outsource the manufacturing in a third world country (including shipping)?

I was hoping for some members here that own their own clothing line to give me entrepreneurship advice.

Cheers SF
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post #2 of 14
9/21/09 at 11:29pm
all asymmetric all the time is a shit idea. it's an execution, not a concept.
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post #3 of 14
9/21/09 at 11:45pm
Have you met Eric Glennie?
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post #4 of 14
9/21/09 at 11:47pm
Quote:
Originally Posted by plei89 View Post
For my entrepreneurship class, I'm asked to create a business plan for a business that I would like to create. I've been thinking about wanting to start my own clothing company, which produces asymmetrical clothing (what inspired me was Alexander McQueen's asymmetrical cardigan). The price tag was hefty, I was thinking about starting my own company that sells clothes at a more affordable price. Do you guys think it is a good business idea? If I do decide to do this, how much would I be looking to invest in this company (I would start selling online before I open my own boutique in nyc)?

How much does it cost to outsource the manufacturing in a third world country (including shipping)?

I was hoping for some members here that own their own clothing line to give me entrepreneurship advice.

Cheers SF

Now, it's been some time since b-school, so things might have changed, but isn't the idea of this class for you to figure out these questions yourself?
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post #5 of 14
9/22/09 at 12:01am
Thread Starter 
^ yes, but I'm going to need to call up some manufacturers first and I need a final decision on a business idea within the next week. I just wanted a general idea of costs (ballpark amounts) based on experiences that some of you may have.
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post #6 of 14
9/22/09 at 12:02am
Thread Starter 
Quote:
Originally Posted by thekunk07 View Post
all asymmetric all the time is a shit idea. it's an execution, not a concept.

I'm also thinking about jeans (raw) and regular & plain fitted dress shirts & tee shirts.
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post #7 of 14
9/22/09 at 7:13am
Your profs wont question your idea as long as you can back up its viability with proper analysis. Their place is not to make subjective calls of whether your idea is "good", but rather whether you have used appropriate analysis and tools to determine whether it is a worthwhile risk to take. (Unless maybe it is for a fashion entrepreneurship course...)

As to your costs, the range is up to you.

You can pay a couple of dollars a piece or thousands.

You can start trading online for $100 or spend tens of thousands on a site / cart development and marketing, launch parties, PR, etc...

As Pio said, this exercise is about you thinking out your business plan and showing that you have reasonably balanced all the factors you should have learned.

K
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post #8 of 14
9/22/09 at 11:18pm
Thread Starter 
I understand that my prof won't question my idea. But I'd rather create a business plan for a business that I plan on having in the future and was wondering if this was a good business investment/idea.
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post #9 of 14
9/22/09 at 11:20pm
Quote:
Originally Posted by plei89 View Post
I understand that my prof won't question my idea. But I'd rather create a business plan for a business that I plan on having in the future and was wondering if this was a good business investment/idea.

Again, the concept here is, you figure out if it's a good idea or investment. Otherwise, drop out, and just hire a good consultant.
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post #10 of 14
11/2/09 at 10:00am
Quote:
Originally Posted by martins1 View Post
HI,

Many people are started in a own business and to earn a more money,this is the best way to develop a business and its a good business idea is u enter the share market and strat a own business..

Thank you........

Thank you.
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post #11 of 14
11/5/09 at 1:34pm
its really a great business to start . You will gain a lot if you outsource the manufacturing in a third world country
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post #12 of 14
11/5/09 at 1:45pm
^ Sock puppet needs better material.
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post #13 of 14
11/5/09 at 1:53pm
Quote:
Originally Posted by business-investment View Post
its really a great business to start . You will gain a lot if you outsource the manufacturing in a third world country

That was one of the worst post I've ever read. It was a cacophony of idiocy. The user name, the post count, the content, a real perfect storm. Well done.
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post #14 of 14
12/22/09 at 5:49am
First and foremost design something new. After designing you will have to physically create it. If you do not know how to sew up your design, hire a seamstress. It is very important to have a physical garment to show interested clients. You can also make a website for your fashion designs so that interested customers can purchase your clothes.
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