Forbes Cover to Bankrupt to Back on Top | Sophia Amoruso
Forbes Cover to Bankrupt to Back on Top | Sophia Amoruso

Forbes Cover to Bankrupt to Back on Top | Sophia Amoruso

Albert Herrera

61 min
Entrepreneurship Strategy
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<p>Jordan Belfort, the Wolf of Wall Street, welcomes Sophia Amoruso (founder of Nasty Gal &amp; Girlboss) to the show to discuss growing her company to a $350M valuation, writing a best-selling book, being on the cover of Forbes while pulling in $100M in earnings...and then filing for bankruptcy.</p><p><br></p><p>JB and Sophia also dive into their thoughts on the state of entrepreneurship, what Sophia's doing to empower women to be their own boss, the pros &amp; cons of venture capital, growing up with parents who both worked on commission, hard lessons learned from Nasty Gal, &amp; advice for building a successful brand from scratch.</p><p><br></p><p><strong>SOPHIA AMORUSO</strong>&nbsp;-&nbsp;Sophia Amoruso is a world-renowned entrepreneur, best-selling author, and respected CEO. At 22, she founded Nasty Gal, a women's fashion retailer, which experienced early rapid growth by tapping into the powerful social media channels of Facebook, Twitter, and Instagram.</p><p><br></p><p>During Amoruso's tenure, the company experienced immense success. From 2008 to 2011, sales rocketed 10,160%, making Nasty Gal one of the fastest-growing retail companies ever. In 2012, the company reported revenues of over $100 million, raised $49 million from venture capital firm Index Ventures — an early investor in Asos and Net-a-Porter — and leased a 500,000-square-foot fulfilment centre.</p><p><br></p><p>In 2016, she was named one of the richest self-made women in the world by Forbes. However, Nasty Gal was later forced to file for bankruptcy, decimating Amoruso's fortune.&nbsp;</p><p><br></p><p>During this period, she managed to also&nbsp;author a best-selling book, #Girlboss, which was adapted into a television series of the same name for Netflix.</p><p><br></p><p>Today, she runs Girlboss Media, the platform she founded to create content geared toward a female audience. With this in mind, Amoruso hosts yearly Girlboss Rallies, weekend-long instructional events for young entrepreneurs. Her mission is to encourage and inspire

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