Today is Part 2 of my interview with David Peck and whoa – you guys LOVE his fascinating story so far! Thanks for all your feedback, I appreciate it! (if you missed Part 1, click here).
David Peck is an entrepreneur who’s been on the rollercoaster of owning his own fashion and manufacturing business. He is SO HONEST in this interview about what it’s really like to run a company.
He’s done it all. He went fashion school in Paris, owned a high-end sustainable clothing line in New York worn by Taylor Swift, purchased a factory in Houston that he still owns and operates, sold his collection to first-class boutiques, sold millions one year only to declare bankruptcy the next. Yowza.
We continue the story in this episode…
David scrapes himself off the floor and starts a new business – again. He tells us how he did it and why AND what he’s doing differently this time to make it the business he wants.
What You’ll Learn
- Dealing with wanting to quit, the fear of not having enough money, and finding the stability he really needed.
- How David’s current business is different and why he’s running it very differently than before.
- The main obstacles David had to overcome to build a successful business for the second time.
- How his business has more value and is more meaningful this time around.
- Being an introverted person, how David manages marketing, operations, and customer service
- Keeping the work week a work week so he can concentrate on his priorities.
Quotes from the Episode
- “The psychology of people and buying and why you have to stick around long enough for them to invest in you again.” (02:02)
- “It all has come full circle. And I feel like I’m doing what I love doing the most and we’re doing it in a way…we’re making clothes that have meaning and value and a life beyond just the trend, which I think in many ways is the most sustainable thing that you can do.” (5:12)
- “When you get to know somebody really, really well, you’re NOT trying to sell them something because you need to sell it. You’re really filling a need and you’re addressing a problem that they have.” (8:55)
- “They’re not going to just buy the latest, greatest whatever because it’s the latest and greatest. It has to be value. There has to be something in it that may feel is worth the investment. (12:57)
- “There was a point I just wanted to quit and find a real job. You know, I was like, this just sucks. I mean, this is too hard. Nobody told me that this is going to be never ending.” (22:59)
- “I’m really good at coming up with solutions and when I break it down in a way that for me is manageable, it’s not stressful.” (30:27)
Mentioned in this episode
- David Peck’s website
- Jane’s Imperfect Action coaching program
Profit First by Mike Michalowicz
- Jen Sincero Badass books
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Take a moment to leave an honest review on iTunes. It really helps the show and I’d appreciate it!
Thanks for listening!
About David Peck: His official title here is “Head of Everything”.