Socks Business

12 Tips For Starting A Successful Socks Business (2024)

Pat Walls

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Updated: January 19th, 2023

Want to start your own socks business? Here are some tips you should know:

Learn more about starting a socks business:

Where to start?

-> How much does it cost to start a socks business?
-> Pros and cons of a socks business

Need inspiration?

-> Other socks business success stories
-> Marketing ideas for a socks business
-> Socks business slogans
-> Socks business names
-> Socks business Instagram bios

Other resources

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a socks business:

#1: Taylor Offer, founder of FEAT Socks:

We chatted with with Taylor, founder of FEAT Socks ($100K/month). In our interview, Taylor says:

We did this for the rest of senior year and ended up selling 20,000 pairs of socks.

Additionally:

If you need someone to tell you to quit your job and start a company, then you probably shouldn't. This drive should come from within - you'll know when it's time.

Further:

I've met a lot of people who think they need a co-founder and end up forcing it. If you don't have one, you don't need one. Needing a co-founder is an excuse. Start it yourself.

Read the full interview ➜

#2: Dane Jensen, founder of Sock Club:

We chatted with with Dane, founder of Sock Club ($1M/month). In our interview, Dane says:

We need to start working on building solutions that help us in the real world.

Read the full interview ➜

#3: Michael Mader, founder of Hippy Feet:

We chatted with with Michael, founder of Hippy Feet ($88K/month). In our interview, Michael says:

Starting a business is scary and comes with a lot of risk, but I promise the risk is worth it. Even if you fail, and believe me most people do, the risk will have been worth it for the expertise and insight you gain alone

Read the full interview ➜

#4: Dane Jensen, founder of Sock Club:

We chatted with with Dane, founder of Sock Club ($1M/month). In our interview, Dane says:

We want to sell and make 4 million pairs of socks in the next year.

Read the full interview ➜

#5: Mari & Matt McNamara, founder of No Cold Feet LLC:

We chatted with with Mari, founder of No Cold Feet LLC ($20K/month). In our interview, Mari says:

Do not dismiss platforms that align with your products or brand! It is critical to have a product that people want and offer fantastic service but these platforms have a lot of reach, literally worldwide.

Additionally:

It’s really important to stay lean and price your product appropriately. Just as personal finances are critical, so are your business finances. Knowing your numbers, understanding them, and spending responsibly enables you to take risks and grow the business more comfortably.

Read the full interview ➜

#6: Dane Jensen, founder of Sock Club:

We chatted with with Dane, founder of Sock Club ($1M/month). In our interview, Dane says:

If you have an idea the market wants, you will have lots of competition. Competition is a constant, even for a niche idea.

Additionally:

In running a business that makes a physical product, you learn why MBAs exist.

Further:

The internet is such an echo chamber the pressure to cargo cult and do the things that you think successful startups do instead of doing the things your customers want.