Masters of Scale

What's the hidden business behind your business? w/Rent the Runway's Jenn Hyman

Jan 9, 2020
Jenn Hyman, co-founder of Rent the Runway and a pioneer in the fashion tech space, shares her insights into the unseen elements that fuel a successful business. Hyman reveals how their expansive dry-cleaning operation and data-driven strategies transformed rental fashion. She discusses the critical importance of logistics, employee well-being, and building strong industry relationships. Additionally, she highlights innovative initiatives like 'Lobatical,' which enhance employee commitment and ultimately elevate the customer experience.
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ANECDOTE

Circus Startup

  • Kevin Venardos, founder of Venardos Circus, discusses the challenges of running a traveling circus.
  • Mastering logistics, hiring specialized roles, and tent management are crucial for success.
ADVICE

Master the Backstage

  • Master the business behind your business.
  • Focus on the often-unseen operations that differentiate your company and drive success.
ANECDOTE

Tech Focus

  • Rent the Runway prioritizes technology.
  • 80% of their employees are in tech-related roles, highlighting the data-driven nature of their business.
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