Subject category:
Entrepreneurship
Published by:
Babson College
Length: 49 minutes
Data source: Field research
Topics:
Entrepreneurship as a career choice; Finding and shaping an opportunity; Fashion retailing and dealing with vendors; Work experience; Networking; Bootstrapping; Marshalling resources; Support and financing from friends and family; Key hires; Employee training; Financial management; Managing a new enterprise; Marketing and public relations; Scaling and concept replication; Landlords; Shoplifters; Time management.
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Abstract
This supporting video is to accompany the case. Alison Barnard, 27, knows shopping, retail, and fashion. As an MBA, working part time in retail, she devises a business plan for a premium denim and tops boutique based on her view that 'women are not brand loyal, they are fit loyal'. In-Jean-ius, her six-month-old corner shop in Boston's lovely North End, has been exceeding her revenue estimates since day one, largely because Alison has skill and passion to help her upscale clients find just the 'right' pair of jeans. As it has from the very beginning, running this hit venture consumes nearly every waking hour. Still, the creative, high-energy founder is far less concerned with burning out than with having her retail store duties usurp her ability to plan and manage for growth. While her plan is to roll out In-Jean-ius stores in major cities like New York, Chicago, LA, that will be critically dependent on her ability to attract and develop management talent with a similarly keen eye for fit. Her latest hire with management potential has just decided to quit, leaving Alison to wonder; if it's such a challenge to replicate myself at this one location, how am I supposed to scale?
Industry:
Subject category:
Entrepreneurship
Published by:
Babson College
Length: 7 pages
Data source: Field research
Subject category:
Entrepreneurship
Published by:
Babson College
Length: 16 pages
Data source: Field research
Topics:
Entrepreneurship as a career choice; Finding and shaping an opportunity; Fashion retailing and dealing with vendors; Work experience; Networking; Bootstrapping; Marshalling resources; Support and financing from friends and family; Key hires; Employee training; Financial management; Managing a new enterprise; Marketing and public relations; Scaling and concept replication; Landlords; Shoplifters; Time management.
About
Abstract
This supporting video is to accompany the case. Alison Barnard, 27, knows shopping, retail, and fashion. As an MBA, working part time in retail, she devises a business plan for a premium denim and tops boutique based on her view that 'women are not brand loyal, they are fit loyal'. In-Jean-ius, her six-month-old corner shop in Boston's lovely North End, has been exceeding her revenue estimates since day one, largely because Alison has skill and passion to help her upscale clients find just the 'right' pair of jeans. As it has from the very beginning, running this hit venture consumes nearly every waking hour. Still, the creative, high-energy founder is far less concerned with burning out than with having her retail store duties usurp her ability to plan and manage for growth. While her plan is to roll out In-Jean-ius stores in major cities like New York, Chicago, LA, that will be critically dependent on her ability to attract and develop management talent with a similarly keen eye for fit. Her latest hire with management potential has just decided to quit, leaving Alison to wonder; if it's such a challenge to replicate myself at this one location, how am I supposed to scale?
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Industry:
Related
Subject category:
Entrepreneurship
Published by:
Babson College
Length: 7 pages
Data source: Field research
Subject category:
Entrepreneurship
Published by:
Babson College
Length: 16 pages
Data source: Field research
Topics:
Entrepreneurship as a career choice; Finding and shaping an opportunity; Fashion retailing and dealing with vendors; Work experience; Networking; Bootstrapping; Marshalling resources; Support and financing from friends and family; Key hires; Employee training; Financial management; Managing a new enterprise; Marketing and public relations; Scaling and concept replication; Landlords; Shoplifters; Time management.