WEEK 3: THE PRACTICALITIES OF BUSINESS

Fri 4th Nov 2016

A summary of the third week of the program.

Week 3 was one of clarity as the cohort got its first glimpse into what elements bring a business together. The week was heavy with workshops touching on accounting basics, industrial designs and brand story development.

All these topics play a key role in the creation of a sustainable business model. As heads of their own fashion houses, each of the designers came to terms with the fact that they should have some sort of grasp on all aspects of their business.

‘I’m quickly learning that it’s not enough to just design clothes. I need to understand all functioning parts of the system from book-keeping to sales to the legal stuff.’ said Kaetochi Nwuba of Binienu Nigeria.

As the week came to a close, the designers had an intimate mentorship session with Connie Aluoch of Connie Aluoch Styling Management. They shared stories on the difficulties faced in running a business and borrowed tips from one another.

These mentorship sessions help to ground the topics touched on during the week in real-life experiences. They are moments for the designers to reflect on how far their businesses have come and think to how far they will go.


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10

Teams.

40

Designs.

stitches.

fabric.