Chip Wilson is the founder of Lululemon Athletica, the athletic apparel company that pioneered a whole industry in performance clothing, which he launched in 1998.
In this episode, we talk to Chip about his upbringing and younger years as a troubled student in school, how he was able to make $750,000 at 19 years old working on the Alaska pipeline, what motivated him to have his own business by age 30, his advice for entrepreneurs and anyone who wants to enjoy long-term success, his entrepreneurial journey and what sparked the idea for Lululemon, the evolution of women’s clothing since the 1980s and why he thinks Lululemon was successful, his feelings about the term “athleisure,” how Lululemon gained a cult-like following, why he stepped down as CEO in 2005, what he would’ve done differently had he stayed with the company, and much more.
Chip also shares what he feels is the biggest opportunity in the next 5-10 years and what he’s been up to since leaving Lululemon.
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