The world-famous Kardashian-Jenner family has been making headlines for the last two decades. Even a funny conversation on an Instagram story has been making charts and trending globally. Nevertheless their popularity has only grown over time. You must be wondering why on earth we are discussing about Kardashians- Jenner family on a finance page, RIGHT?
Let me tell you that this incredible family is not only famous for its love, drama, lifestyle, and more but for money, wealth and businesses run by them individually and together.
Kylie Jenner, the family’s youngest sister, is now 25 years old and named one of the world’s youngest self-made billionaires, making headlines worldwide.
Kylie Jenner is an incredible businesswoman and a mom to two wonderful children. She is the founder and owner of Kylie Cosmetics, built within 3 years with hard work and resources that helped her succeed. Kylie has also launched various other business streamlines, such as her daughter Stormi’s makeup line and many more. Would you want to know how she built such an empire? First, let’s dig into some financials and business.
Here’s How Kylie Jenner Did It :
Kylie Jenner had resources, contacts, and money for her business when she first started it in 2015. She began by making 15000 lip kits that became an instant famous thing and reportedly brought in a whopping amount of $250000 using a third-party company as a tester.
Then these famous kylie Jenner lip kits became everyone’s favorite due to her constant social media presence with millions of Instagram and social media followers. here’s her website
She hired a manufacturing company for regular production and Laboratories, launching different products, palletes and many more.
She built in brand, networking and used shopify and ulta beauty for sales. Besides she did interviews, marketing events with influencers, & with their drama filled family show, in a good way of course.
Kylie Jenner kept 100% ownership with herself earlier, her brand earned more than $300 millions each in 2016 and 2017 and is ever-growing. Her net worth is around a billion dollars. So basically all she did was
1. Had specific resources and contacts started a trial business and sold out (Product)
2. Did social media thing (promotion)
3. hired a proper manufacturer and investing (production)
4. focus on Sales and marketing
5. Cashed it all in
Here’s how to start your Business with these basic steps. Besides all the controversies and facts & numbers surrounding these celebrities, I believe what we could learn is about business and finance. They might have had better access to resources than most people in the world, but that isn’t an excuse for you not to be an entrepreneur. May be not trying today to start a business because you need extra money or you have an expensive taste will turn into regrets of a lost opportunity in future.
So go give it a short! start today, go research and study! Find a business partner, a sibling or a friend or anyone with the same ambition, and make it all happen! Good Luck!
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Sukhpreet Kaur
