Quite a few months ago I wrote about #girlboss the book written & inspired by Sophia Amoruso. I can’t say I ever shopped at Nasty Gal but I am very interested in Women entrepreneurs and the vague and intriguing idea of making money online. I am truly inspired and curious by how these online entrepreneurs go from zero to everything leveraging the internet.
I really enjoyed a lot of what she had to say in the book. I was less inspired by the fact that she stole things to sell in her fledgling store. However, she went from nothing to highest paid female billionaire in American powerhouse in 10 years (well maybe not exactly that but – you know – something amazing). She has won awards for netbased entrepreneurial things and a powerful woman in terms of what woman can do with the right mind set. I guess a true success story.
This last week while watching a content creator Brittany Balyn on YouTube, she was talking about the bankruptcy of Nasty Gal. Well actually she was talking about the 70% off sale. But, I was more interested in the decline of Nasty Gal. I felt like I was living under a rock, where have I been? If you don’t know – Sophia Amoruso is the creator of Nasty Gal clothing company. It was one of the fastest growing online clothing companies; it was born out of selling vintage clothing on eBay. A little online searching led me to see that Ms. Balyn was actually right and Nasty Gal filed for bankruptcy sometime in November 2016.
There are two things I want to discuss from this event:
- I originally was writing this post because I was all like WTF?! Sophia Amoruso is done. Then I realized that actually there is a whole new #girlboss situation. I caught wind of the podcast she now hosts. And now I have something new to listen to at work because I am not a Girl boss yet but I’m well on my fucking way. Also, a podcast with her chatting with other prominent female business people in the USA in mega interesting to me. So take away number one – the company went under but I learned about a super inspiring new podcast
- The crash of business as we once new it. That is take away #2. I never went to business school, nor do I understand that much about the business world. But I find it increasingly interesting that the most random of companies have closed their doors due to the development of the internet and modern day shopping. The change is in how we acquire products like movies, tv & music but also how we shop for full retail products online instead of at locations. There has been a huge movement to go back to a simpler time; with more locally sourced products. Which is by far a different world than the internet obsessed world we currently live in. Are we witnessing the demise of modern day business when bustling online retailers are failing too?.
What do you guys think about this new business? Have you noticed a change in the kind of retail available in your area? or online? Are you even an online shopping or do you refuse?
Comment below, lets talk about this!