Lululemon is a great example of an entrepreneur.
They introduced new products in a new market.
Judging by the active lifestyle of Vancouver, Lululemon set out to make a brand of clothing that’s fashionable while functional.
1) Wealth
Lululemon is not just a small owner business because it has now grown into a million dollar industry
2) Speed
Lululemon has climbed quickly within the recent five years
3) Risk
By pricing their items at a premium price, Lululemon faced a risk of demand
4) Innovation
The idea was to combine fashion with workout and it’s perfect for the vancouver envrionment
1 response so far ↓
dexterlee // Nov 18th 2010 at 4:23 pm
awesome.
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