Diane von Furstenberg
The Wrap Dress
“I have one big idea and limited savings. Play it safe or bet on it?”
I arrived in New York with a suitcase of dresses and no plan, because I did not know what I wanted to do, only the woman I wanted to be. So first, decide who she is. Is she someone who plays it safe with a big idea in a drawer? I do not think so, or you would not be asking me.
Now the practical part, because I have lost a business and I know how. Do not bet everything on the first version. Make the simplest form of your idea, the wrap dress and not the ballgown, and sell it to real women for real money before you spend what you cannot replace.
If they buy, and buy again, then you go all in, and you will know because it will feel like freedom, not like fear. Fear is not an option. Be in charge.
Sample response from this soul, not a quotation or endorsement.