what to expect

What to Expect from Factory45 in 2018

Every year, June feels like January. It’s the month that truly feels like the “new year” for me.

One of the best pieces of advice I got when I was first starting out was to create a schedule and plan for my business that I wanted to follow.

Schools start in September. Corporations end their fiscal year in December. Well, Factory45 starts in June.

Because, hey, I’m the boss and I get to decide.

(Also, good advice: You don’t have to follow other people’s rules.)

With that said, I’ve been looking towards the coming months and planning for the year with a refreshed spring in my step — it’s a wonder what warm weather will do…

So, here’s what’s going on and what you can expect:

FACTORY45

Last week I onboarded this year’s entrepreneurs for the 2018 program of Factory45! This is my fifth year and sixth cohort to come through the accelerator program and every year the caliber of applicants gets more and more impressive.

The majority of my time and focus for the remainder of 2018 will be focused on helping them build their businesses. And I’ll be sharing more about what they’re all working on in the coming months.

PHOTOGRAPHY PROJECT

For the next six months, I’m teaming up with Joyelle West, one of Boston’s most talented photographers for a project that I’ve been thinking about for over a year now. Through our collaboration, I’ll be sharing, promoting and showcasing Factory45 products, as well as other sustainable and ethical brands, on Instagram.

You’ll be able to follow along here.

THE MARKETPLACE

The photography project will lead up to the launch of the first-ever… drum roll… Factory45 Marketplace! (Name to be determined.) I am SO excited about this and it’s been long overdue to have an online store to sell some of the Factory45 brands that have launched through the program.

I’ll be sharing more about the process of creating the marketplace with my web designer, Emily Belyea Creative, and you can expect it to be live for holiday season 2018.

TEXWORLD

Thanks to my pal Nicole of StartUp Fashion, I was invited back to TexWorld USA this year to speak on a panel about funding your fashion startup.

I’ll be in New York City for the independent designer meetup, as well as the panel, on July 23-24.

Designers and startups can register to attend for FREE here.

THE CROWDFUNDING FACTORY

Speaking of funding your fashion startup, this topic is my bread and butter. I love teaching low-barrier-to-entry ways of raising money so that you don’t have to go into debt to start your own company.

Throughout the year, I’ll spontaneously open enrollment to my other course, The Crowdfunding Factory, that teaches you how to fund your fashion brand through pre-sales and crowdfunding sites like Kickstarter.

If you don’t have money in the bank to pay for your first production run, I created this course for you.


Between all of that, I’ll be over here doing my mom thing! Baby Lohr turned five months this week, and I’m trying to soak in these early days (as sleep deprived as they may be!)

Wishing all of you a wonderful start to the summer (or winter, depending on which hemisphere you’re in!)

I’ll be back next week with more free startup advice, entrepreneurial musings and the like : )

 

factory45 owner shannon

 


Market45