Love, Bonito: She turned a loan into a multimillion-dollar fashion empire | Make It International 

You said it before me and that's if your family can afford it

True. I really really wish there were more interviews of those unsuccessful stories. Having a skewed representation of the reality, as above interviews, can give things a more romantic or atleast over-optimistic picture

@@abhishek.chakraborty Agreed. I remember a recent one where the son of a local bank magnate borrowed his father's money to start an online business only to lost millions. But I guess it's small money for them. And that got around because they're rich, I wonder how many entrepreneurs lost it all without anyone knowing

My father had a multimillion dollar business but lost it during crash and owed money to the mafia. No joke. We had to run away and separate our ways. They still tracked us down 20 years later and tried to sue our family. It can get crazy if you borrow money for your business. You can literally get killed or be sold off somewhere as a slave.

Just be glad that you live in America where there’s strong law enforcement like the FBI. Many countries have weak police or bad laws that don’t protect anyone.

rich enough to let her money

Trust me, there were millions of people who bet their parents saving on their business but they didn't get to be on CNBC because they didn't make it.

Exactly, it’s better than borrowing from a bank or a private lender! Some ppl are also jealous. They rather hear that she borrowed her mom’s money and failed the business.

Because she gambled with her parents savings and didn’t have a back up plan to replace the money in case of failure. She wasn’t risking her own saved money or money borrowed from a bank, but her mom’s money and I didn’t hear anything being said about that money being guaranteed back. What would’ve her mom had to do had she lost her savings? Go back to work post retirement? Selfish.

Lia McLean Well, we don’t know what was being said behind closed door. I’m sure her mom knows the risk and she was ok with it. Plus you have to keep in mind different culture has different outlook on things. Asian parents are willing to give everything to their kids, so they can success. And they don’t view it as being selfish if you need help.

Brian Pan thank god she and her parents are not like most people..

Lia McLean should’ve, could’ve, would’ve, sometimes you have to take risks in life. They did and it paid off well. Her mom knows that all too well.

Missy D r u gonna go borrow your moms money ?

This is why I like that they made it clear she got her start from her mother's savings. It points to a clear step in which assistance helped propel her success. She still had to do the hard work of making the business work but it wouldn't have happened without that seed money. I wish we stopped using terms like "self made" and just be honest about where people got their starts. Demystify successful business people and actually make these stories acccessible to a new generation of would-be business owners. We do a disservice to society by making it seem like they have this special mystical power to succeed when really there is some strategic steps to it. Not everyone with access to mommy's money will find the same success, so I am in no way taking away the accomplishments of these individuals, but it's nice to know how people truly got their start. :)

This is something I think about A LOT, having started a business with no help. It opened my eyes to how limited my capacity was without capital and how difficult it is to get even a small business loan. A lot of millennial business owners I know by name have had financial assistance from their parents. Not limited to starting a business, buying a house these days is close to impossible without financial assistance from mum and dad, out of every millennial I know that bought a house only two did it without any mum and dad money.

She put in the hard word to ensure she succceded. She was probably always thinking about that as well because she had to ensure she doesn't fail as her mom was working 2 jobs to keep the family afloat. It's not easy to ensure sustainability of a business whether one gets the money from parents or the bank. Self made doesn't necessarily mean without assistance because many an entrepreneur probably got a small loan from a bank or parents. She didn't inherit a company and to me that makes her self made 😒🤷

And for any of you are facing a any setback from your dreams, keep going. You will get there.

Girl you really gambled away your moms money just to go broke? How are u doing during these covid times ?

@@MissJ000 🤣 i didnt gamble it away. I paid tuition for it, went to uni for a 1 yr course. Then i worked for a year and got money, then quit once i had the capital, to start my business :) it's on it's initial phase (gathering inventory, getting the ground work done, etc) launching in august Rn i took the money i earned from the job to take additional classes in uni which is hella expensive 😩😂 and the rest for capital for the business, the 1600 is for living expenses ❤️

@@dianabanana08 what type of business are you launching?

@@dianabanana08 kakayanin mo yan!!

and multiplied it, every asian parents invest on their kids cus it’s the most prospective commodity with a high risks.

THX_SKULLKR4K3N Dont be so ignorant. If that’s the case then we all have coronavirus bc most products are made in China!

@@PurpleFlower22 ....

Bruh! 😈🤣😎

Not many dare.

If successes like hers are the exception, as you stated, then that is the very reason she should be proud! Starting and running a viable, full-time business, let alone guiding it to great success, is an extremely difficult thing to do. And how is borrowing the funds from her mother any worse than borrowing from a bank or other investor(s)? In fact, as she said, that obligation made her even MORE DETERMINED to stay completely focused and driven to become a success. So yes, she should be proud of her success. If she had failed, then obviously not much to be proud of, but she put a huge amount of time and effort in to bring her business to success. I have a small business, and I know first-hand how demanding it is of your time.

Sustainable anything is a myth.

Honeymagmangospoof i thought i was the only one who thought this

I smell some jeopousy

Do you have 10 millions? Lol Dont let jealousy eat you up.

Release Your Handbrake why not??

@@cebuinsider Why yes?

No surprise! This happens with all businesses of all races.

Nothing like trump that guy never worked a day in his life u flop everything was handed to him nothing like this lady

Are you upset your asian parents didn’t have money to loan you? Lol Plus, it’s no different from borrowing money from the bank!

L P completely different

@@PurpleFlower22 It is a big difference. Get real!

@@camouflageartist8897 really?!

Canva a unicorn company by a woman