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From $0 to $9M: How an Immigrant Turned Failure Into Fortune | Jenny Lei, Freja

📌 Transform your customer database into consistent sales. Get 30% off your first 3 months with code SVGIRL30: https://your.omnisend.com/SVGirl Unlock the incredible story of Jenny Lei, founder of Freja New York ― a vegan leather handbag brand that has taken the fashion world by storm. After arriving in the U.S. without a passport, Jenny was driven to build her own business as the only way to stay in America. What began in 2020 with just 300 bags has grown into a multimillion-dollar company's. Today, her bags are adored by top influencers like Hailey Bieber, Matilda Djerf, and Katie Holmes. Tune in for a conversation that will change the way you see setbacks-and success. Links: 📩 Follow my Newsletter: https://siliconvalleygirl.beehiiv.com/subscribe 🔗 My Instagram: https://www.instagram.com/siliconvalleygirl/ 📌 My Companies & Products: https://Marinamogilko.co 📹 Video brainstorming, research, and project planning - all in one place - https://partner.spotterstudio.com/ideas-with-marina 💻 Resources that helps my team and me grow the business: - Email & SMS Marketing Automation - https://your.omnisend.com/marina - AI app to work with docs and PFDs - https://www.chatpdf.com/?via=marina 📱Develop your YouTube with AI apps: - AI tool to edit videos in a minutes https://get.descript.com/fa2pjk0ylj0d - Boost your view and subscribers on YouTube - https://vidiq.com/marina - #1 AI video clipping tool - https://www.opus.pro/?via=7925d2 💰 Investment Apps: - Top credit cards for free flights, hotels, and cash-back - https://www.cardonomics.com/i/marina - Intuitive platform for stocks, options, and ETFs - https://a.webull.com/Tfjov8wp37ijU849f8 ⭐ Download my English language workbook - https://bit.ly/3hH7xFm Timestamps: 0:00 Teaser 0:30 "You have to fish where the fish are" 2:15 How the business idea was born 3:13 Didn’t want to leave the USA 4:18 "I didn’t have a marketing strategy" 7:00 "At first, I had only 3 sales a month" 9:33 THIS is more important than targeting 13:28 $9M a year. How? 15:45 Сustomers don’t want to be sold to 18:44 Women’s entrepreneurship charity 20:27 How Hailey Bieber influenced sales 21:53 Anna Delvey: Marketing or coincidence? 22:35 Tips for creators 23:49 "If I get canceled, so does my company" 25:03 "I want to build a legacy brand" 27:07 Jenny’s (and Kate Middleton’s) favorite brand 28:37 The mindset shift you need right NOW This video is sponsored by Omnisend. I use affiliate links whenever possible (if you purchase items listed above using my affiliate links, I will get a bonus). #podcast #freja #siliconvalleygirl

Marina MogilkohostJenny Leiguest
Apr 27, 202531mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

Immigrant founder scales Freja bags from failed launch to $10M+

  1. Jenny Lei, a Chinese-born founder living in New York on a visa, started Freja after struggling to find a confident, functional, logo-free work bag for an important interview.
  2. She launched right before COVID, collected 2,500 emails, and still made zero sales at launch—taking a full year to sell her first 300 bags and hitting lows like three sales in a month.
  3. Growth came through relentless iteration on paid ads (especially functional “in-action” video creatives), later paired with better media buying/targeting support and a clearer brand voice.
  4. As Freja matured into $10M+ annual revenue, Jenny shifted from pure acquisition toward influencer/UGC, PR seeding, newsletters, and community initiatives like the Freja Fund—aiming to build a “legacy brand” rather than just sell product.

IDEAS WORTH REMEMBERING

5 ideas

Saturated markets can be safer than “blue oceans.”

Jenny argues you should “fish where the fish are”—high competition signals existing demand. The differentiation comes from product/brand execution rather than inventing a brand-new category.

A strong product alone won’t save a weak launch.

She spent eight months perfecting one bag, collected emails, and still got zero sales at launch. The experience forced her to learn positioning and distribution—not just product development.

Early traction can be brutally slow—persistence is a strategy.

It took a year to sell the first 300 units and she hit months with only three sales. Her mental model was to treat the low point as temporary and keep iterating daily.

For performance marketing, show the product “doing the job.”

Freja’s ads worked best as simple videos showing the bag being packed and used; polished campaign images underperformed. For a functional brand, demonstration beats aesthetic-only creative.

Creative matters most, but scaling may require backend expertise.

Jenny stresses creative is “more important than targeting,” yet her ROAS improved significantly after the right media buyer optimized targeting/structure once the ad account had data.

WORDS WORTH SAVING

5 quotes

“You have to fish where there are a lot of fish in the water.”

Jenny Lei

“Launch! Hey, we’re live. Not a single person bought.”

Jenny Lei

“I was a marketing company. I was not a bag brand.”

Jenny Lei

“Our customers don’t want to be sold to.”

Jenny Lei

“If you don’t tell your story, someone else will.”

Jenny Lei

“Fish where the fish are” (competition vs. demand)Origin story: dropshipping to D2C brandVisa pressure and urgency to build incomeLaunch failure and COVID timingPaid ads learning curve: creative vs. targetingBrand voice, newsletters, and founder-led storytellingInfluencer/PR seeding and celebrity momentsSelective creator partnerships and aestheticsAvoiding salesy tactics; minimal discountingCommunity-building: Freja Fund mentorshipFounder-as-face risks and cancellation concernsLegacy-brand mindset and long-term decision filtersProduct strategy: timeless, neutral, functional designBalancing quality, accessibility, and limited editions

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