WHEN?? WHERE??
WHO?? HOW??
SAV Clothing Line
was first established in January of 2001 in East Palo Alto, California
by two youth entrepreneurs by the names of Theron (TJ) Jones
and Cyrus Goode through a non-profit organization called
BUILD (Business United in Investing, Lending and Developing). The
CEO of BUILD, Suzanne McKenzie-Klahr, inticed the two to come to
the weekly meetings that were held after-school at Eastside High
School; teaching them how to run their own business, therefore becoming
business entrepreneurs.
WHY??
They chose to create the clothing
line named, "SAV", (noun), because the word
is short for "savage", and is a term used among the target
market of young adults and teenagers as a person who enjoys life,
lives their life to the fullest, and tries their hardest to succeed.
One can try their hardest to succeed in anything, for example, working
in their job, playing sports, getting their education; whatever
it be, they are doing what they do best and trying their hardest
to succeed and enjoy their life.
THE STORY...
So, the idea and design
was made, but what about the actual product? Well the capital was
hard to come by as a $2,500 grant was given to K&N Fashion
Consulting, run by CEO - Amber Bundy,
and not to us due to the fact that we ranked second place in the
2nd Annual BUILD Business Plan Competition (May 2001).
Therefore, the summer
was quickly approaching and it was time for Theron (TJ)
to go to the business summer camp, NFTE (National Foundation
for Teaching Entrepreneurship) Summer Session 2002, held at Stanford
University; and it was also time for Cyrus to practice basketball
at recreational leagues and at Eastside High School, thus SAV Clothing
being put at hold for the summer.
Though, after the
summer ended, Theron (TJ) wanted to continue the clothing line,
while Cyrus chose to focus on his basketball skills. From here on
(August 20, 2002), SAV Clothing Line was being run as a sole proprietorship
by CEO - Theron (TJ) Jones.
This only made TJ
more eager, and he receieved a grant of $250 from BUILD, but knew
that it was time to put in lots of more work and get more capital
raised, therefore he spent extensive time making numerous desings
with the help of fashion consultant, Amber Bundy,
and updated everything in the business; anticipating and later scheduling
a meeting with venture capitalists Ben Dubin
and Celim Yildizhan of Asset Management
for two rounds, raising a total of $1,835 as an interest-free loan
(compliments of BUILD, December 2001 - See Almanac Article).
From here on out it was
all about getting the products made, and since winter was quickly
approacing TJ knew what the consumers needed. Therefore
came out with the long-sleeve T-shirt, "INDEPENDENT"
(released - 12/22/01), and the hooded-sweatshirt,
"KNOWLEDGE" (released - 1/14/02).
As of now, (02/22/02),
SAV Clothing has made OVER $1,300 in
revenue and is still growing at a rapid rate. The next steps are
moving from more of independent sales to retail sales, where negotiations
are being made to have "SAV" products placed
in stores in East Palo Alto, Sunnyvale mall, Oakland shops, and
independent stores in San Francisco.
CONTACT
INFORMATION:
Mailing
Address:
SAV
Clothing Line
1600
Adams Drive
Menlo
Park, CA 94025
Phone Number
:
(650)
387-0448
E-Mail Address:
savclothing@yahoo.com
STAY
POSTED FOR SELLING EVENTS!!!!!