10 Things To Know When Starting A Successful Fashion Accessories Business

Want to start your own fashion accessories business? Here are 10 tips you should know.

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: 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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#2: 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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#3: 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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#4: 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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#5: 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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#6: 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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Read the full interview ➜

Want to start a fashion accessories business?

See our full guide ➜