This Clothing Line Has Over $5M in Sales | Elevator Pitch S12 EP5 - video Dailymotion

Entrepreneur

Hear from Vicky and Charisse Pasche, co-founders of Dapper Boi, an all-gender, body-inclusive, online apparel line with a mission to inspire people to find confidence in being their authentic selves.  Across the globe, a new wave of leadership is emerging — 49% percent of startups are founded by bold and resilient women driven to make a significant impact on the world. On this episode of Entrepreneur Elevator Pitch, our board of investors hears pitches from women founders representing three innovative companies in industries ranging from apparel to health to tech.  "I started my VC career by investing in women entrepreneurs," notes investor Pocket Sun, founder of SoGal Ventures. "I am so excited to see who is going to share their brilliance with us."  Like all episodes, contestants have just 60 seconds to pitch their business. See what happens as they take their shot at earning life-changing money on an all-new Entrepreneur Elevator Pitch!

Transcript

00:00Welcome to the elevator.

00:03Hi, I'm Vicky.

00:04And I'm Charisse,

00:05and we are co-founders and wives of Dapper Boy.

00:07So Dapper Boy is an all-gender, size-inclusive apparel line

00:10with a mission to inspire folks

00:11to feel their most confident selves

00:13in their authentic selves through our clothing.

00:16We've been in business since 2015,

00:18and in the last four years alone,

00:19we've generated over $4 million in sales.

00:22We have a 51% repeat customer rate.

00:24We believe with every part of our being

00:26that we are the next Levi's of all-gender fashion,

00:28and we are seeking $250,000 for 3% equity in our company.

00:34I was worried they weren't gonna get the ask in.

00:36God, I wish I didn't hear what they were asking for.

00:383%, 250,000 bucks.

00:40That's a big ask. That's kind of unusual, right?

00:42They've been around almost a decade,

00:44and they have great sales,

00:46and the repeat rate is over 50%, which is great.

00:49Yeah, I know. That is high

00:50for apparel.

00:51This is the first time I've seen somebody

00:53present something for men and women.

00:55And I think that is the Gen Z trend.

00:57They are looking for that non-binary-type clothing.

01:03I like founders that have a vision.

01:06It's been almost a decade,

01:08and you guys continue to persevere.

01:11To me, that's a sign of a really great entrepreneur.

01:14I think you are a good bet,

01:17although at this point,

01:20I'd like to see you raise more capital.

01:23It makes me nervous giving anyone money

01:26that then is going to spend it

01:27and come back to me in three months

01:28and say they need more money.

01:29So if you guys can raise a million,

01:32I would come in at the 250.

01:34Okay.

01:35Amazing. Thank you.

01:36That's a great offer.

01:37Yeah, it is.

01:38I'm stoked about it, too.

01:39Amazing.

01:40Thank you so much.

01:42Yes, you.

01:43Great meeting you guys.

01:44Thank you, too.

01:45Thank you so much.

01:46I'm feeling good.

01:47I thought that was great.

01:48Totally.

01:49I know we didn't get a deal,

01:50but that's okay,

01:51because I feel like they actually got it.

01:53And I think that we have a goal now

01:54to shoot for a million,

01:56and then we're going to get Kim.

01:57I know we're going to get her.

01:57Yeah.

This Clothing Line Has Over $5M in Sales | Elevator Pitch S12 EP5

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