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From 100 million to bankruptcy. How to avoid that in your business

Have you ever heard of Nasty Gal? It is a popular clothing site founded by #Girlboss and the founder of the Girlboss brand, Sophia Amoruso.

I first heard about the Girlboss brand a couple of years ago when the book by the same name was Screen Shot 2017-03-03 at 12.26.02 AMsuggested to me.

The story was miraculous.

Sophia went from dumpster diving (her words) and having no career to buying items in a local thrift store and selling on ebay for higher markups. That strategy built her an amazing business valued at over 100 million and a spot on Forbes as one of the youngest and richest self made women.

It recently became public though, that Nasty Gal filed for bankruptcy in November and has been approved to be sold to their competition.

As sad as it is, there are lessons to be learned here.

I recently did a full content training detailing the 8 lessons you can learn to avoid this in your business. It is soooo good! Seriously.

Check it out below. And be sure to leave me your thoughts!!!

 

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