how to build a 9-figure luxury fashion empire
Áslaug Magnúsdóttir, an Icelandic entrepreneur and investor, shares her journey in the fashion industry and how she transitioned from her role as a lawyer into becoming a successful investor and co-founder of Moda Operandi, a $650 million luxury fashion empire. Despite not initially considering fashion as a career, she eventually pursued her love for fashion and leveraged her legal and business skills to make a mark in the industry, including founding her sustainability-focused fashion startup, Katla. Áslaug shares the importance of following your passions, establishing company culture early on, and navigating cofounder and investor relationships to build and sustain a thriving empire.
In this episode, we discuss:
How to master the transition from a stable job to an unconventional career path
How to leverage your skills from different industries for empowered problem-solving
How to harness the power of timing for vetting and building out early-stage business ideas
What to look out for in developing cofounder relations and culture in business-building
How to navigate relationships to successfully fundraise and scale your business
The future of eco-friendly sustainable fashion and why it’s important to invest in