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Rebecca Minkoff started a business with $10,000 and a taste for risk

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Rebecca Minkoff, who spent 20 years building her business, is hopeful about her post-pandemic future.

Source: Rebecca Minkoff

When Rebecca Minkoff landed in New York at the age of 18, she had some money saved and big dreams of becoming a fashion designer.

“I had $10,000 in savings from babysitting, bat mitzvah money that I’d never touched, some bonds that I was given,” said Minkoff, co-founder and creative director of her eponymous fashion line.

She blew it all on the material for her first clothing line and expensive look-books, which showed off the line’s look. Only one store called her.

“You never forget that first moment where you’re terrified,” Minkoff said. “That’s all you have.

“That’s…



Source cnbc.com

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