Think you can launch a fashion line with a few thousand dollars? You might want to think again. In this eye-opening bonus episode, Rachel Erickson breaks down the real cost of building a successful fashion brand—and spoiler alert: it’s not cheap.
After crunching the numbers, Rachel discovered that $200,000 is the magic number to hit profitability by year three. But where does all that money actually go? She walks us through the financial roadmap, from inventory costs to hiring a team, and reveals why many brands run out of cash before they even get off the ground.
Beyond just the numbers, she also shares creative ways to fund your brand without drowning in debt . From freelancing to grants (and even unexpected funding strategies), she lays out real, practical solutions for making your dream brand a reality.
If you’ve ever thought about launching your own line or working with clients who are, this episode is a must-listen. Press play now to hear the real numbers and learn how to set yourself—or your clients—up for long-term success in the fashion industry!
Resources:
021: How to Get Funding for Your Fashion Startup
About Rachel:
After 20 years of working for corporate apparel brands across the U.S., Rachel took a leap of faith and launched her own business consulting company in October 2021. Now, through her company, Unmarked Street, she partners with a variety of apparel brands, offering expertise in development, production, project management, and industry insights. With a vast network of connections across the industry and a deep passion for teaching and sharing knowledge, Rachel is excited to share her insights and experiences with the community!
Connect with Rachel:
Email her at: hello@unmarkedstreet.com
Visit her website: Unmarked Street
Visit her website: The Business of Apparel
Follow on Instagram
Connect on LinkedIn
Listen to her Podcast
Subscribe to her YouTube Channel
Sick of being tied to a desk and want more freedom in your day, snag my free training: How to Freelance in Fashion (even if you're terrified you don't have all the answers) by clicking here.