11 Tips For Starting A Successful Fashion Accessories Business (2024)

Updated: January 19th, 2023
Start A Fashion Accessories Business

Want to start your own fashion accessories business? Here are some tips you should know:

Learn more about starting a fashion accessories business:

Where to start?

-> How to start a fashion accessories business?
-> How much does it cost to start a fashion accessories business?
-> Pros and cons of a fashion accessories business

Need inspiration?

-> Other fashion accessories business success stories
-> Examples of established fashion accessories business
-> Marketing ideas for a fashion accessories business

Other resources

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a fashion accessories business:

#1: David Lindahl, founder of Rainier Watch:

We chatted with with David, founder of Rainier Watch ($1.99K/month). In our interview, David says:

The power and reach of social media, if used well and invested into, is pretty powerful.

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#2: Jen Fox, founder of Foxly Handmade:

We chatted with with Jen, founder of Foxly Handmade ($6K/month). In our interview, Jen says:

Hiring someone to sew has freed up my time to work on new products, marketing, and let's be honest - relaxing. At first, it pained me to pay someone else to do a job I was capable of doing.

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#3: Linda Heaphy, founder of Kashgar:

We chatted with with Linda, founder of Kashgar ($25K/month). In our interview, Linda says:

Our stock demands touching. People like to pick up our pieces and examine them, feel them in their hands, weigh them up, spend time becoming attached.

Additionally:

Pay your bills on time and be respectful to your suppliers, and when the going gets tough, they will give you preferential treatment.

Further:

Pay yourself a decent wage as soon as you can so you can invest in a home or other assets that increase in value and are not connected to your business.

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#4: Jordan Wilkes, founder of Stride:

We chatted with with Jordan, founder of Stride ($/month). In our interview, Jordan says:

The motivation must be a career that inspires YOU to wake up every day and empowers YOU to live the life that YOU want to live.

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#5: Mark Mesrobian, founder of Fifth & Ninth:

We chatted with with Mark, founder of Fifth & Ninth ($25K/month). In our interview, Mark says:

Perfection is a productivity killer, especially with a website.

Additionally:

There is an opportunity in adversity. During the bad times, the competition shrinks, and the cream rise to the top.

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#6: Jen Fox, founder of Foxly Handmade:

We chatted with with Jen, founder of Foxly Handmade ($6K/month). In our interview, Jen says:

It's easy to fall down the rabbit hole and get distracted by shiny things. I did that for years before I realized I needed to simplify! Simplifying and focusing my business has also made it easier for me to say no to opportunities that don't align.

Additionally:

If it's possible to test the market first BEFORE committing to a big investment of time or money, it's always worth it. Get creative, ask your audience, do a pre-sale or pre-launch, and don't be afraid to be wrong.

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#7: Emily T., founder of Emily's Beaded Jewels and Creations:

We chatted with with Emily, founder of Emily's Beaded Jewels and Creations ($/month). In our interview, Emily says:

A good entrepreneur needs to be able to understand that there will be hard times. Maybe you have hit a giant bump in the road. You must remember it will get better.

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