In 1976, a man who is known to the fashion industry as Chris Burch was an undergrad at the Ithaca College. Chris and Robert Burch started a company, Eagle’s Eye with just a small investment of $2,000 dollars. He and his brother started out purchasing sweaters from other people and places for ten dollars and would turn around and sell those same ones for a five-dollar profit. The sweaters were sold for fifteen dollars. Not only did he decide to start selling those sweaters for a slightly higher price, but he also decided to start a much more preppy style of sweater.
Burch and his brother eventually decided that they needed to expand their line of clothing and would begin selling those items to other school campuses. The operation eventually led them down the road to selling those same things inside of retail stores.
As of this moment, Forbes Magazine has stated that Chris Burch is one of the World’s Billionaires. He was eventually pushed over the edge of the ten-figure mark when his accomplishments involved in the Guggenheim helped him become an even bigger investor.
Technology has helped those who are not even fans of technology or fashion become bigger and better. Think about this, you are experiencing difficulty seeing something and you visit the eye doctor. What he advises you to do is to start wearing glasses. Do you want to wear them and if you do not, how do you decide what a better option is? You go home and you turn on your laptop or even your cell phone and you start to research another option. That is how technology and fashion has changed over time.
The same theory applies to the everyday things that we need. The use of bicycle helmets came from someone who thought about a way to help save people who have accidents while on their bikes or skating, skiing, skateboarding or even walking. Because someone once thought about that, people like Chris Burch are some of the highest paid individuals in the country.