A CONVERSATION ON HOW TO SET UP A START-UP

Luxury Promise Founder and CEO Sabrina Sadiq is here today to talk us through her top Five Steps to consider when setting up a business

With Luxury Promise in mind, this is a Masterclass with Luxury Promise Founder and CEO Sabrina Sadiq on how to set up a start-up business. 

In this seminar, Sabrina shares her top five tips with our community on how to succeed, and goes into detail about her journey setting up and heading a luxury fashion tech business. 

Her five tips to success include; consistency, solving a problem, expertise, building the right team, marketing and funding - areas that every emerging brand and business delves into and works towards perfecting. 

Get in touch with the team if you have any questions you'd like to discuss, or look out for our Live Sessions where you'll find Sabrina speaking about her journey on a regular basis. 
1. CONSISTENCY
Sabrina recommends that if you have an idea, always be consistent and don’t ever give up. Whether it is a product, or a brand - consistency is key. 
With that, solving a problem is where to begin; for Luxury Promise founder Sabrina, she felt that there was a gap in the secondary market, a lack of access to pre-loved luxury that she had the desire to fill.
2. EXPERTISE

Whatever you do in life, becoming the expert in your field is what it is all about. For Sabrina, the soul of Luxury Promise is found in her becoming a real expert in authenticating and all things handbags. Understanding the art behind the passion, allows you to covert this into a business.
3. MARKETING
Sabrina says that understanding your market, and knowing how to advertise to your consumers is key. Luxury Promise is a female-lead business; we know who our consumer is, because we are her! 

 
4. TEAM
To create a global and scalable business, the team you hire is incredibly important. Every single member of a company's team must be an expert in their individual fields. Each member must share the vision and passion of the founder; which is what Luxury Promise has set out to do. 
Sabrina suggests to find out exactly what and who you need to succeed, look towards consultants first if you aren’t able to hire experts immediately. 
5. FUNDING

The first round for investments is often called the Friends, Family and Fools round; look towards your own network initially before reaching out to customers and clients. These are the people that trust and believe in you unconditionally. 

Sabrina's Edit

Hermès Hermès orange Kelly 32 ASL1166Hermès Hermès orange Kelly 32 ASL1166
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Hermès Orange Kelly 32 ASL1166 السعر بعد الخصم£5,950.00
Prada PRADA Cross Body Beige Nylon Messenger BagPrada PRADA Cross Body Beige Nylon Messenger Bag
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PRADA Cross Body Beige Nylon Messenger Bag السعر بعد الخصم£195.00
Louboutin Louboutin So Kate Black Calf Leather HeelsLouboutin Louboutin So Kate Black Calf Leather Heels
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Louboutin So Kate Black Calf Leather Heels السعر بعد الخصم£200.00
Christian Dior Dior Black ScarfChristian Dior Dior Black Scarf
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Chanel Chanel Black and White Cashmere and Silk Scarf MW1258Chanel Chanel Black and White Cashmere and Silk Scarf MW1258
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