{"id":596694,"date":"2020-03-03T23:00:12","date_gmt":"2020-03-03T23:00:12","guid":{"rendered":"https:\/\/likesinternetmarketing.com\/v\/?p=596694"},"modified":"2020-03-03T23:00:12","modified_gmt":"2020-03-03T23:00:12","slug":"business-ideas-3-business-lessons-from-ralph-lauren","status":"publish","type":"post","link":"https:\/\/likesinternetmarketing.com\/v\/entrepreneurship\/business-ideas-3-business-lessons-from-ralph-lauren\/","title":{"rendered":"Business Ideas &#8211; 3 Business Lessons From Ralph Lauren"},"content":{"rendered":"<p><figure class=\"wp-block-embed wp-block-embed-youtube is-type-video is-provider-youtube epyt-figure\"><div class=\"wp-block-embed__wrapper\"><div class=\"epyt-video-wrapper\"><iframe loading=\"lazy\"  id=\"_ytid_74489\"  width=\"800\" height=\"450\"  data-origwidth=\"800\" data-origheight=\"450\"  data-relstop=\"1\" src=\"https:\/\/www.youtube.com\/embed\/eGpwDp7OXrk?enablejsapi=1&autoplay=0&cc_load_policy=0&cc_lang_pref=&iv_load_policy=3&loop=0&rel=0&fs=1&playsinline=0&autohide=2&theme=dark&color=red&controls=1&disablekb=0&\" class=\"__youtube_prefs__  no-lazyload\" title=\"YouTube player\"  allow=\"fullscreen; accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen data-no-lazy=\"1\" data-skipgform_ajax_framebjll=\"\"><\/iframe><\/div><\/div><\/figure><br \/>\nHere&#8217;s a throwback to the kinds of videos I was making back in 2011. Crazy right? I did everything myself here&#8230; filmed it, narrated it, edited it&#8230; I even made the music behind it myself. I was too afraid to be on camera for a long period of time so it&#8217;s mostly b-roll with me reading. I was too scared I&#8217;d get the words wrong. It took me a long time to stop being a perfectionist \ud83d\ude42 #Believe<\/p>\n<p>What my old descriptions used to look like:<\/p>\n<p>Like this video? Please give it a thumbs up below and\/or leave a comment &#8211; Thank you!!!<\/p>\n<p>My name is Evan Carmichael and I believe that the fastest and most effective way to build a business is to model the strategies of people who have already done what you&#8217;re trying to do. I call it Modeling the Masters. <\/p>\n<p>Today we&#8217;re going to look at how a young man from The Bronx took a part time high school job selling ties and turned it into a multibillion dollar empire. This is the story of Ralph Lauren and the top 3 lessons that you can learn from his success.<\/p>\n<p>&#8220;The best thing you can do is go away from this saying, &#8216;I can do this too,&#8217; because it&#8217;s all possible and I&#8217;m living proof.&#8221; &#8211; Ralf Lauren<\/p>\n<p>Ralph Lauren (born Ralph Lifshitz on October 14, 1939 in The Bronx, New York) is an American fashion designer and business executive; best-known for his Polo Ralph Lauren clothing brand. His father, a house painter, changed the family name to Lauren when Ralph was a teenager. While in high school, Lauren worked at a tie store as a stock boy after school. He often sold ties to his classmates to earn a commission. He sold ties for $12 to $15 when even luxury ties didn&#8217;t sell for more than $5.<\/p>\n<p>After high school Lauren enlisted in the U.S. Army and then joined the Brooks Brothers clothing company as a tie salesman. He had a vision for creating a new line of ties but Brooks Brothers wasn&#8217;t interested so Lauren found a tie maker in Cincinnati and started his own business. <\/p>\n<p>Today his Polo Ralph Lauren company has almost $5 billion in revenues and employs close to 20,000 people. As of 2011, Forbes estimates his wealth at $5.8 billion dollars which would make Ralph Lauren the 173rd richest person in the world.<\/p>\n<p>Action Item #1: Stick to Your Vision<br \/>\nAction Item #2: Evolve Your Brand, Don&#8217;t Reinvent It<br \/>\nAction Item #3: Trust Your Instincts<\/p>\n<p>True Story<\/p>\n<p>In 1968, with the help of a $50,000 loan, Lauren founded Polo Fashions. He chose the name not because he liked the sport &#8211; he had never played polo before in his life. But to Lauren, the name symbolized power and style &#8211; an image he wanted his clothes to project.<\/p>\n<p>According to Lauren: &#8220;I&#8217;ve always loved sports but it didn&#8217;t make much sense to call my brand &#8216;Basketball&#8217; or &#8216;Baseball&#8217; so I decided on &#8216;Polo.&#8217; Of course I didn&#8217;t play polo but I liked that it represented a feeling of being international, European and yet very healthy American. It was the sport of kings. It was glamorous, sexy, and international.&#8221;<\/p>\n<p>More Quotes<\/p>\n<p>&#8220;The best thing you can do is go away from this saying, &#8216;I can do this too,&#8217; because it&#8217;s all possible and I&#8217;m living proof.&#8221;<\/p>\n<p>&#8220;I&#8217;m totally involved with all of my products. Everything I make is my message and for years my goal has been to make the things I love.&#8221;<\/p>\n<p>&#8220;Back then when I mentioned Polo most people would look at me funny and say &#8216;You mean like Marco Polo?'&#8221;<\/p>\n<p>What Do You Think?<\/p>\n<p>Do you stick to your vision? Have you always trusted your instincts? What part of Ralph Lauren&#8217;s message impacted you the most? As always, I&#8217;d love to hear your thoughts if you leave a comment below!<\/p>\n<p>Evan Carmichael<\/p>\n<p>To learn more check out my list of Ralph Lauren articles  at http:\/\/www.evancarmichael.com\/Famous-Entrepreneurs\/1895\/summary.php or http:\/\/community.telustalksbusiness.com\/blogs\/talk_business\/2011\/08\/15\/how-to-stick-to-your-vision-evolve-your-brand-and-trust-your-instincts-like-ralph-lauren<\/p>\n<div class=\"likes-after-content likes-entity-placement\" id=\"likes-1358547360\"><div id=\"likes-2251979519\" style=\"margin-left: auto;margin-right: auto;text-align: center;\"><a href=\"https:\/\/likesinternetmarketing.com\/v\/iceberg\" target=\"_blank\" aria-label=\"IE Brunson Recommend\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/likesinternetmarketing.com\/v\/wp-content\/uploads\/2020\/01\/IE-Brunson-Recommend-728x120-1.png\" alt=\"IE Brunson Recommend\"  srcset=\"https:\/\/likesinternetmarketing.com\/v\/wp-content\/uploads\/2020\/01\/IE-Brunson-Recommend-728x120-1.png 728w, https:\/\/likesinternetmarketing.com\/v\/wp-content\/uploads\/2020\/01\/IE-Brunson-Recommend-728x120-1-300x49.png 300w\" sizes=\"(max-width: 728px) 100vw, 728px\" width=\"728\" height=\"120\"  style=\"display: inline-block;\" \/><\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s a throwback to the kinds of videos I was making back in 2011. Crazy right? I did everything myself<\/p>\n","protected":false},"author":1,"featured_media":596695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-596694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship"],"_links":{"self":[{"href":"https:\/\/likesinternetmarketing.com\/v\/wp-json\/wp\/v2\/posts\/596694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/likesinternetmarketing.com\/v\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/likesinternetmarketing.com\/v\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/likesinternetmarketing.com\/v\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/likesinternetmarketing.com\/v\/wp-json\/wp\/v2\/comments?post=596694"}],"version-history":[{"count":0,"href":"https:\/\/likesinternetmarketing.com\/v\/wp-json\/wp\/v2\/posts\/596694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/likesinternetmarketing.com\/v\/wp-json\/wp\/v2\/media\/596695"}],"wp:attachment":[{"href":"https:\/\/likesinternetmarketing.com\/v\/wp-json\/wp\/v2\/media?parent=596694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/likesinternetmarketing.com\/v\/wp-json\/wp\/v2\/categories?post=596694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/likesinternetmarketing.com\/v\/wp-json\/wp\/v2\/tags?post=596694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}