This is a post by Jesse Pujji. Jessi a serial entrepreneur that lives in the US. He has:
- Bootstrapped to an 8-figure exist with his previous startup, Ampush
- Is currently building GatewayX, a venture studio that he plans to bootstrap to $1B+
- Executive Chairman & Founder of GrowthAssistant.com
- ex-McKinsey Consultant
Guest Author: Jesse Pujji
The FashionNova founder is my new favorite billionaire:
- Bought the biggest house in LA for $141 Million
- He actually bought the house 50% off the listing price
- Owns 90%+ of Fashion Nova, worth >$10BN
- Son of Iranian immigrants who were in clothing
- Was originally running women’s stores in the mall, hated it
- He started an instagram account to post his store styles online which failed
- But then his customers started posting their pics and tagging the account
- He pioneered influencer marketing without even having a website
- Maniacally focused on fast fashion for brown and black women, a massively underserved market
- Runs the single largest Shopify instance
- Fashion Nova and Cardi B made each other hugely successful
- Uses his platform for philanthropic initiatives in his customers communities.
I wanna be Richard Sagian when I grow up!
