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The Cardone Zone

Tommy Hilfiger's Success Story: Selling Jeans from a Car Trunk to Building a Global Brand | Cardone Zone Ep. 175

The Cardone Zone

Grant Cardone

Careers, Business, 025610

4.84K Ratings

🗓️ 19 August 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

In this compelling episode of The Cardone Zone, host Grant Cardone invites fashion icon Tommy Hilfiger to recount his extraordinary success story. Starting with just a dream and a trunk full of jeans, Tommy embarked on an entrepreneurial journey that led him to create one of the world's most recognizable brands.

Tommy shares candid insights into his humble beginnings, selling jeans from the trunk of his old car and opening his first store in a basement. He discusses the challenges, risks, and key decisions that paved the way for his remarkable success in the competitive fashion industry.

The conversation provides a fascinating glimpse into Tommy's innovative mindset, relentless determination, and unique approach to brand-building. Whether you're an aspiring entrepreneur, a fashion enthusiast, or someone intrigued by the stories behind great success, this episode offers valuable lessons in perseverance, creativity, and the power of believing in oneself.

Transcript

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0:00.0

Hey, welcome to the Cardone Zone, my newest podcast where every week I'll bring to you a new celebrity, artist, athlete, some of the top people in their field CEOs from around the world running the world to give you their insights, their knowledge and their breakthroughs.

0:15.0

Look, these people came from nothing just like I did, so get ready with Uncle G. You're in for the ride of your life where we're going to 10X everything you think, the way you work, the way you act, and the way you roll every single day.

0:28.0

Make sure you subscribe and comment, love to see what you're talking about. Get ready for today's show.

0:36.0

There's an icon right here, folks, if you don't know who this man is, and a fashion icon, probably there can't be many businesses or industries more competitive than yours.

0:48.0

Would that be a fair lot of competition? How long? How many years? 35 years. 35 years you've been playing the game.

0:55.0

But I started, before I started Tommy Hill figure the brand, I had my own shops. I opened my own jean shops with my incredible savings of $150.

1:10.0

And now this year we just ended with $10 billion.

1:13.0

Was that New York? You were in New York, yes. How did you start a business with $150?

1:18.0

I had $150 from working in a gas station nights in high school. And I bought 20 pairs of bell-bottom jeans from the streets of New York City.

1:30.0

I put them in my books wagon bug. I drove four hours to my hometown of El Miron, New York, and I sold them out of the trunk of my car to my friends at a profit.

1:45.0

So what do you do? You parlay that into what? Then I opened a small shop in a basement of a shoe store.

1:52.0

You were held at this time. I was 18. 18 years old.

1:57.0

So why jeans? Why 20 bell-bottoms?

2:00.0

Because at that time it was early 70s, Woodstock, Rolling Stones, Jimmy Hendrix, all the rock groups started coming to America and playing concerts.

2:13.0

And I loved the way the rock stars looked. So I wanted to look like them.

2:18.0

And I grew my hair long. I started wearing bell-bottoms and cool clothes because I couldn't play guitar to save my life.

2:25.0

And I decided to sell cool clothes. And while I was doing it, my parents wanted me to go to college.

2:32.0

I said, there's no way I'm going to college. I'm going into business for myself. They laughed. They said, there's no way my parents were angry at me.

2:40.0

My family and friends said, there's no way you make it. So after I opened my first shop, I decided to open a few shops on college campuses.

2:54.0

It means candles, incense, cool stuff at the time. But during that time, I thought maybe I could build my own brand.

3:05.0

And I looked at brands like Ralph Lauren, Calvin Klein, and all these brands. I said, that's what I'm going to do.

3:13.0

And I did it.

...

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