When I found out that Nasty Gal Inc. filed for Chapter 11 Bankruptcy I was shocked. I never expected that the women who wrote #Girlboss would end up in that situation.
How did a woman so closely linked to the girl boss movement end up filing for bankruptcy?
According to the L.A. Times, as Sophia Amoruso’s fame grew she began to dabble in several projects eventually losing interest in running Nasty Gal.
In the age of side hustling and FOMO, is the fall of Nasty Gal a signal that maybe we shouldn’t try to do everything at once? Entrepreneurs are notorious multitaskers, but is it a good idea?
How many projects should you work on at one time?
Sophia Amoruso launched Girlboss Media, started a Podcast, and is serving as executive producer for the Netflix series “Girlboss,” which is inspired by her book. She has done what any entrepreneur would do; she’s capitalized on her fame from #Girlboss to build her personal brand. But did she do so at the expense of the business that launched her career?
How much is too much to take on at once? I ask because I’m currently juggling two jobs, trying to maintain a blog, attempting to build a social media presence, and I’m looking into freelancing. I have to admit this is all kicking my butt right now. But in the age of hustling, how can I slow down?
I can only speculate on what led to Nasty Gal’s fall, but there’s a small part of me that wonders if it had to do with Amoruso spreading herself too thin.
Was it only natural that one of her projects imploded? Loading up on multiple projects at once is difficult. You aren’t able to give everything the attention it deserves no matter how much you want to. And something is bound to suffer.
Everything I’m doing I’m doing for a reason. I don’t want to give anything up; I’m a stubborn millennial. But I’m also pragmatic; I know that I can’t afford to take on any more projects. I’ve reached my limit, and I can admit that.
In the age side hustling and FOMO, I’ve decided to slow down…a little.
How about you? Are you willing to slow down?