044: Turning customizable jackets into a multi-million dollar business, Elyse Daniels of Exodus Wear
Elyse Daniels, founder of Exodus Wear, explains how she turned a niche idea for fully customizable senior jackets into a multi-million dollar business by rejecting online customization tools in favor of hand-drawn student designs. She details her bootstrapped journey from a $6,000 investment to scaling production, emphasizing the critical importance of maintaining a diverse network of manufacturers in China to mitigate risk and negotiate better terms. Daniels also shares her sales strategy, which relies on aggressive cold calling and a premium pricing model that avoids discounting to preserve brand value and customer loyalty.