A panel of four high energy entrepreneurs addressed a packed house at the Oregon Entrepreneurs Network’s (OEN) September 8th PubTalk: “Activewear Innovation Mecca” (a.k.a. Portland). Staged at Portland’s Backspace Cafe, the OEN PubTalk’s monthly event was moderated by Rob Langstaff, founder of men's footwear brand RYZ and former president of Adidas U.S. and Japan.
The panel, providing both unique and common entrepreneurial perspectives, included outdoor footwear provider Korkers CEO Sean Beers, “funky” sock distributor and online retailer Sock it to Me founder and president Carrie Atkinson, Ed Dalton, Principal and Co-president of bicycle lifestyle clothing designer and manufacturer Showers Pass, and Bill Worthington, Co-founder and Creative Director of OluKai Premium Footwear.
Activewear Entrepreneurial Takeaway Samples
Biggest Challenges:
- Maintaining a balance of life and patience
- Quality channel partner representation and support
- To partner with other companies in the same markets or to “go it alone”
- Managing growth to maintain operational efficiency
On Raising Capital:
- Ideally find an investor who is already an avid consumer in your product category
- Be prepared to address investor “fashion fears” of short shelf life and turnover
Best Advice:
- Trust your gut
- Maintain a brand strategy, a customer-first focus, and trust your partners
- Do your research first with product naming and branding
- Personally interview prospective dealers on their customers’ demographics and their willingness to merchandise your brand
- Consider regarding receivables: 90-days-after-sale pay terms to reps; credit card charge authorization for aging beyond terms
- “Go as fast as possible”
OEN’s Value: Panelists’ Perspectives
Carrie Atkinson, Sock it to Me
“Entrepreneurs of all levels need information at insatiable levels. OEN provides tremendous value to these entrepreneurs by holding discussions on topics that are core to building one’s business, and by providing a distinct summary of each topic, entrepreneurs are immediately able to distinguish if the discussion is right for them or not.”
Sean Beers, Korkers
“OEN can make a significant positive impact on the entrepreneurial community in Portland by connecting entrepreneurs with the coaching, connections and capital that will enable them to succeed.”
Ed Dalton, Showers Pass
“OEN can provide time saving advice in creating a start-up company and help you to set-up an effective process which may ultimately get you to market faster, better protected from a legal standpoint and more prepared.”
Don't Miss Seed Oregon 2010 Round 1 PubTalk October 13th
The next OEN PubTalk on October 13th will mark this year's first round of OEN Seed Oregon 2010. The event will be held at the Backspace Cafe--115 NW 5th Avenue Portland, Or 97209



