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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 28, 202531mWatch on YouTube ↗

CHAPTERS

  1. Teaser: $0 to $9–10M and the “no one bought” launch moment

    A quick preview frames Jenny Lei’s story: building Freja into an 8-figure D2C bag brand despite visa pressure, a failed launch, and early stagnation. The teaser highlights the turning points—COVID timing, celebrity sightings, and the importance of owning your narrative.

  2. “Fish where the fish are”: why a saturated market can be safer

    Jenny explains why she chose handbags despite intense competition. Her thesis: demand-rich categories are less risky than trying to invent an entirely new market, as long as you offer a differentiated product and message.

  3. From dropshipping experiments to the bag-brand spark

    Jenny recounts learning ecommerce through “YouTube University,” building multiple dropshipping stores, and discovering that bags were the first product category that truly sold for her. That earlier data—colors, markets, and preferences—quietly laid the foundation for Freja.

  4. The Bryant Park turning point: building a “perfect work bag”

    A failed interview experience becomes the emotional and functional insight behind Freja: women want a confident, functional, logo-free work bag. With pressure to stay in the U.S., Jenny decides to create the product herself and begins sketching immediately.

  5. Immigrant constraints, China–U.S. life, and factory advantage

    Jenny shares her background—born in China, raised mostly in the U.S., returning to China for high school—and how it unexpectedly helped her as a founder. Speaking Chinese became a practical advantage for factory communication and product development.

  6. No master plan: product-first development and early go-to-market choices

    Jenny admits she didn’t have a sophisticated marketing plan at the start; her priority was getting the first bag right. She spent months iterating with factories from rough sketches, then leaned on email capture and paid ads through Shopify to launch.

  7. Launch into COVID: 2,500 emails, 300 units… and zero buyers

    The first launch lands at the worst possible time—right before COVID—when demand for a work bag collapses. Jenny describes the psychological grind of holding inventory in her apartment and needing a full year to sell the initial 300 pieces.

  8. The lowest point and the paid-ads learning curve (3 sales/month)

    Jenny details the grind of year one: constant trial-and-error in Facebook ads, marginal ROAS, and moments of near defeat—like making only three sales in a month. Her persistence strategy was focusing on controllable inputs and incremental improvements.

  9. What actually scaled: creative > targeting, plus the right operator

    Jenny explains the ad formula that consistently worked: functional video creatives (especially “packing the bag”) beat polished images. After hitting a wall doing ads herself, she hired agencies; the right media buyer helped performance jump to 2–4x ROAS, even with similar creatives.

  10. Product cadence, customer feedback loops, and building the Freja aesthetic

    Rather than constant launches, Freja introduced only 1–2 new products per year, reinforcing a seasonless, neutral identity. Customer requests guided iteration (e.g., adding a zipper), and Jenny later hired a creative director to strengthen design/content coherence.

  11. From paid-ads dependence to a broader growth mix (story, email, influencers)

    As revenue grows, Jenny keeps paid ads as “bread and butter” but invests in diversification before ads stop working. She emphasizes that customers buy through trust—behind-the-scenes storytelling, newsletters, UGC, events, and collaborations—more than hard-sell tactics.

  12. “Customers don’t want to be sold to”: anti-hype brand building + Freja Fund

    Jenny outlines a “pull, not push” philosophy—minimal discounting, elegant ads, and intentional purchasing rather than live-shopping hype. She also shares the Freja Fund, a women’s entrepreneurship mentoring initiative, as a way to invest in community beyond transactions.

  13. PR moments: Hailey Bieber spike, Anna Delvey surprise, and creator selection

    Jenny explains how PR seeding led to Hailey Bieber wearing a Freja bag, and how that moment became more powerful when paired with smart messaging that drove search interest. She contrasts that with the unplanned Anna Delvey sighting and describes how the brand chooses creators based on inspiration, fit, and authenticity—not just selling power.

  14. Being the face of the brand: cancellation risk and owning your narrative

    Jenny discusses the tradeoffs of founder visibility—especially the fear that personal backlash can damage the company. Her guiding principle: if you don’t tell your story, someone else will, so it’s better to be proactive and values-led.

  15. Legacy-brand mindset shift and advice for founders in “dark tunnels”

    In closing, Jenny shares a strategic pivot: building Freja as a long-term legacy brand rather than chasing short-term sales velocity. She offers mindset advice—focus on the next illuminated step, choose one acquisition channel to master, and measure inputs you control when outcomes lag.

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