Adam Goldenberg is one of the most likely and successful entrepreneurs in the United States and is the man behind many different successful companies throughout his career. At just 15 years old, he built a company named Gamers Alliance that he sold two years later to Intermix Media, which was the parent company that owned Myspace as well.
Soon after creating and selling Gamers Alliance, the entrepreneurial spirit in him made him leave the high school and join Intermix Media, and in just a few years, at the age of 20, Adam Goldenberg was named the Chief Operating Officer of Intermix Media. He became the youngest ever COO of a company traded publicly.
Adam Goldenberg is one of the owners of the Techstyle Fashion Group, earlier known as JustFab. Even though Adam Goldenberg had no formal experience in working in the fashion industry, Adam, along with his friend and colleague, Don Ressler, did extensive research on the fashion retail sector on onmogul.com.
It helped Adam understand how huge the fashion industry is and how many opportunities are there to be explored. In a recent interview with CNBC, Adam Goldenberg told more about how the fashion industry is continuously evolving and how using the technology and social media to enhance the customer experience is essential to build brands that make its way to the target audience.
Adam Goldenberg also talked about the subscription model of the TechStyle Fashion Group, and how the company aims to provide something new, unique and value for money to the customers. Adam Goldenberg said that from the 4 million VIP members company has currently, one million has come from the referrals of the existing clients, which goes on to showcase the trust of the customers on the company to deliver.
Adam Goldenberg discussed the challenges of maintaining cost-efficiency and operational efficiency in the business, and how to avoid additional expenses to keep the final cost of the products affordable. Also, he talked about fundraising as well and mentioned that Techstyle Fashion Group is fully funded and enjoys positive cash flow at the moment.
Adam Goldenberg’s Techstyle Fashion Group is the parent company and has four thriving brands working under it, namely JustFab, ShowDazzle, Fabletics, and FabKids. The company at http://www.hudl.com/profile/4913266/adam-goldenberg continues to look for new opportunities in the fashion space to make their transformational fashion business more efficient and gain further outreach. Adam is also one of the directors of the online beauty retailer company, named Dermstore.com.