Sep 23, 2020
From the onset of COVID 19, retail stores shutdown and their rate dropped to zero in fifteen days resulting in about 90 days stop of taking merchandise and full suspension to manufacturing garments afterwards.
This episode of the ACCESS POINTS PODCAST is the second part of the interview with our guest, Steven Wang. He will share with you the impact of the pandemic in his clothing business, how having the right mindset helps in a sound decision making process, and how he sustains providing value to his customers.
Steven Wang is the CEO of Ming Wang. Born from a family with two completely opposite personalities, Steven got a unique perspective not only from a professional standpoint but also in family business.
Ming Wang is a family owned and operated women’s apparel company. They have refined and versatile garments that offer style without sacrificing comfort. They design and fabricate distinctive apparel with unparalleled quality and easy care meant to be a long-term part of the wardrobe.
Enjoy!
Favorite Quote
“I like having a mindset of abundance regardless of what the rest of the world believes. And I just think it's so much better and so much easier to run a business when you have that kind of mindset. And it's really awesome when you see your competition, not having that kind of mindset. That part that gets really exciting.”
-Stephen Wang
In This Episode
1:20 - His takeaway about mindset and how it made a difference in his business
3:41 - The effect of COVID in his company
5:32 - His course of action when he suffered a setback
9:07 - The key lessons he gained from the eight months going through the situation of the pandemic
11:23 - How Steven and his company sustain brand awareness and customer value in this challenging time
18:23 - His viewpoint of how he evolved as a leader
24:35 - The most important thing he wished he should have known 20 years ago
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