Friday Business Tip: Perfect the Art of Being Frugal

being frugal

Just a little reminder that every last bit you spend on things you don’t need is being taken away from the important things that you do need. In order to grow, your business needs: people, product, infrastructure, revenue.

When you spend on things like fancy computers, highly priced fabrics, and subscriptions you don’t need, you’re making it harder to fund the the important stuff.

Remember that bring frugal is an art, and it’s totally different than being cheap. Being frugal means that you don’t sacrifice the quality of what you are creating (your business) simply because you can get something for less money. Being frugal means that you do spend time thinking about the money you’re spending, make educated purchases, and get creative on how to solve or fix things before putting the money out there.

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Image via Magdalena Roeseler

Nicole Giordano

Nicole is the founder of StartUp FASHION, an online resource and community supporting for independent designers around the world with building their businesses. A deep love for the craft of fashion paired with an adamant belief that success is defined by the individual, led her to found StartUp FASHION, where she helps independent designers and makers screw the traditional fashion business rules, create their own paths, and build businesses they truly love. More than anything else, she’s in the business of encouragement and works every day to remind makers and designers that they have something special to offer the world and that they can, in fact, do this thing!