- The document describes the story of an Iranian man who had an idea to import wedding shirts and rifles from Afghanistan to sell in the US to fund his graduate studies.
- His initial business ventures importing the wedding shirts and rifles failed, but he was able to have some success selling the occasional wedding shirt in boutiques.
- This led to expanding the business with a partner, bringing Afghan clothing and textiles to fashion shows in New York which was a retail hit, launching the brand into 35 stores nationwide and gaining significant press coverage.
- Over 7 years the business expanded production between Kabul and Boston, establishing leadership and a retail following, but ultimately faced difficulties due to the Iran revolution
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My first failure in afghanistan
1.
2. Born & raised in Iran
Colgate, development
studies, and idealism…
hard winter
Spring fling trip to Florida
with David Angell
Meet Archie, pre-med
student, and #1 US vacuum
cleaner salesman
The Scheme & $5,000
6. US student visa delayed…Grad school deferred
Failure 1: Bengal tiger skin: Confiscated by US Customs
Failure 2: Guns: No one wants them
Failure 3: Wedding shirts: Quality a disaster
7. Occasional clean wedding shirt sellable at boutiques
Customer Payment Problem NY Show Opportunity
8. • Amateur city… Late night…
• Major backing by one key fashion pub…
9. Retail hit: 35 stores
nationwide
Bloomingdales
Bendell„s,
Many emerging new
“boutiques”
…and TONS of more
press
21. Enter the major European exhibitions:
Pret a Porter, Igedo, London Fashion Week
Starting with press offensive…
The Sunday TimesElle German Vogue
22. 7 years of expansion in Kabul & Boston
Establishing clear leadership & retail following
Wealth effect
Strategic sloth and growing cost structure
Aging of the trend
23. Iran revolution & fall of the Shah
Soviet invasion of Afghanistan
Logistical difficulties
24.
25.
26. Failure to diversify production
Cataclysmic failure for Afghan teams…
Failure to build nest egg .. Family in jeopardy
Self worth in tatters
Unable to make a living!!!
Wandering the desert for a couple of years…
27. Attempt at salvaging something…
A year of convulsions…
“Kick of the dying mule”
But please NOTE: We did have DIVERIFICATION!!! 3 times at bat!!QUESTIONS FOR FUTURE VENTURES:Is it LEGAL?Will the dogs eat the dog food?Does the “product” actually work? Is it WEARABLE by HUMANS?
Centrality of reducing system friction. (heavy bargaining, back stabbing biz culture)
Centrality of reducing system friction. (heavy bargaining, back stabbing biz culture)
Centrality of reducing system friction. (heavy bargaining, back stabbing biz culture)
Centrality of reducing system friction. (heavy bargaining, back stabbing biz culture)
Centrality of reducing system friction. (heavy bargaining, back stabbing biz culture)
Centrality of reducing system friction. (heavy bargaining, back stabbing biz culture)
Centrality of reducing system friction. (heavy bargaining, back stabbing biz culture)