Billionaire Chris Burch was born in 1953 in Pennsylvania. He is an alumnus of Ithaca College, and he has invested in many fields. Chris started venturing into business while he was still in college. He and his brother began Eagle’s Eye apparel business which was dealing with the distribution of sweaters. Though they started the business with little capital, it grew tremendously to become a multi-million business. They later sold the company and invested in other fields.
Since his graduation in 1976, he has invested in many fields and gained popularity in the business world. He has invested mainly in fashion, real estates, luxury home, and hotels, besides supporting other lifestyle brands. With over 40 years of experience, Chris has acquired the skills needed to operate a business.
Chris Burch, the founder of Burch Creative Industry and a renowned investor in the fashion industry, he believes that hard work. According to him, creativity is an attribute that every businessperson should nature. Encouraging teamwork and enhancing communication channel makes the employees free to contributed creative ideas that propel the company forward.
Learn more about his diverse investment on https://www.entrepreneur.com/article/222766
Observing the market trends and changes in consumer behavior is something to be considered by any successful entrepreneur who would like to venture in the current fashion industry. He also believes in the production of quality products and flexibility as some of the things that have mad him to succeed in business (inc.com).
According to Chris Burch, willingness to embrace opportunities can define one’s success in business. Managers should always take calculated risks while investing in new opportunities. He also acknowledges managers to pay attention to details and to know their market segment so as not to waste time marketing their products to the wrong people. In his posts, he says understanding his market and keeping track of his customers through the social media has accelerated his success.
In 2012 Chris Burch decided to invest in the hospitality industry. He and his hotelier friend, James McBride partnered to acquire the prestigious Nihiwatu Resort. They transformed it through renovation and reopened it as a world-class luxury resort. The five-star resort is in the Indonesian island of Sumba. Chris Burch believes that the resort will serve his children and enable him to give back to the society as well. Nihiwatu has 27 private villas and has received many awards including being 2016’s best hotel in the world according to Travel + Leisure. Check architecturaldigest.com for additional reading.