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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. 0:00 – 1:02

    From visa pressure to $10M+ revenue: Jenny Lei’s Freja origin story

    Marina frames Jenny’s business results and immigrant/visa context, then Jenny previews the rocky launch: zero sales at first, later celebrity sightings. The chapter sets the stakes—building a profitable brand was tied to her ability to stay in the U.S.

    • Freja now does $10M+ annual revenue (context for the conversation)
    • Jenny’s motivation: staying in the U.S. required making money fast
    • Early launch shock: going live and getting zero purchases
    • Later momentum signals: Hailey Bieber and Anna Delvey seen with the bag
    • The importance of owning your narrative: “If you don’t tell your story, someone else will”
  2. 1:02 – 1:52

    “Fish where the fish are”: choosing bags in a saturated market

    Jenny explains why she didn’t fear oversaturation and intentionally chose a category with proven demand. Her first proof came from experimenting with online business models long before Freja.

    • Rejecting the fear of saturation: big markets have big demand
    • Trying to do something totally new can be riskier than competing well
    • Her early “YouTube University” phase learning dropshipping
    • Multiple failed stores before finding a winning product category
    • Bags worked in dropshipping, giving her confidence in product-market demand
  3. 1:52 – 3:13

    The interview-day pain point that sparked the product idea

    A failed interview experience and the lack of a confident, functional, logo-free work bag triggered the concept for Freja. Jenny connects the emotional moment (confidence, identity) to a clear product gap for modern professional women.

    • Couldn’t find a suitable bag for a crucial interview day
    • Rejection/early dismissal at the interview reinforced urgency
    • Identified a need: functional, elevated, minimalist work bags
    • Decision point in Bryant Park: create the “go-to” bag herself
    • Immediately began sketching after committing to the idea
  4. 3:13 – 4:16

    Immigrant background and the “move fast” reality of visas

    Marina and Jenny discuss her life across China and the U.S. and how that shaped her independence and operations. Jenny’s ability to speak Chinese later became a practical advantage in factory communication and scaling.

    • Jenny was born in China, moved to the U.S. at age four
    • Went to high school in China and learned to read/write Chinese
    • Visa status increased urgency to make the business work quickly
    • Parents remained in China; Jenny chose New York as her home base
    • Eventually secured immigration status through business achievements (EB-1 discussed)
  5. 4:16 – 4:53

    Building the first bag: no design background, 8 months of iteration

    Jenny describes a product-first approach: she focused obsessively on making one bag she loved before thinking deeply about marketing. The process was slow due to inexperience and communication gaps with the factory.

    • No formal design background; learned by doing
    • Spent ~8 months iterating the first product
    • Factory struggled to interpret sketches; communication friction
    • Prioritized product quality before go-to-market planning
    • Belief: “Product is king, marketing is queen”
  6. 4:53 – 7:08

    Initial go-to-market: D2C on Shopify, emails, and paid ads (plus sponsor segment)

    Jenny outlines her early launch plan: collect emails and run paid ads—skills she carried from dropshipping—while staying fully D2C on Shopify. The episode includes a sponsor segment emphasizing email marketing infrastructure.

    • Freja launched primarily with paid ads and email capture
    • Chose Shopify D2C (not Amazon) and later added select retailers
    • She collected emails post-product (didn’t A/B test mockups first)
    • Sponsor segment: Omnisend for email/SMS/popups and campaign setup tips
    • Core principle echoed: email list as a primary sales engine
  7. 7:08 – 7:52

    Launch failure meets COVID: 2,500 emails, zero buyers, a year to sell 300 bags

    Jenny recounts the painful moment: after building a list and ordering inventory, the launch produced no sales—right before COVID wiped out the “work bag” narrative. She persisted and eventually sold through the first 300 units over a year.

    • Ordered 300 bags and shipped inventory to her apartment
    • Built ~2,500 emails from Facebook before launch
    • Launch day result: not a single purchase
    • COVID timing made the “work bag” value prop harder to sell
    • Sold out the first 300 units in roughly a year through persistence
  8. 7:52 – 8:33

    The lowest month: 3 sales, $834 revenue—and the persistence mindset

    Jenny shares the emotional low point and how she mentally reframed it as the bottom. She leaned on savings from dropshipping and a long-term perspective to keep going despite discouraging metrics.

    • August 2020: only three sales and $834 revenue for the month
    • Reframed as “the worst it’s gonna get” to stay motivated
    • Relied on savings/runway from earlier dropshipping work
    • Chose determination over job hunting during COVID conditions
    • Future-self visualization: gratitude for not quitting years later
  9. 8:33 – 12:00

    Cracking paid ads: functional video creatives, then better execution and ROAS lift

    Growth came from systematic trial-and-error in paid ads, especially showing the bag in action. Jenny argues creative matters more than targeting, yet she also benefited from finding the right ads operator and account maturity.

    • Winning creative format: videos of Jenny packing/showing functionality
    • Pretty campaign imagery underperformed; “in-action” proof worked
    • Early ROAS hovered ~1–1.5x (near break-even)
    • Hiring agencies: first failed, second okay, third worked (expensive leap)
    • Later results: consistent 2–4x ROAS, often with the same core creative
  10. 12:00 – 13:28

    Product expansion paced by community feedback (and hiring a creative director)

    Jenny explains why Freja released few products per year: design was hard and the brand promised timeless essentials. Customer requests (like adding a zipper) guided iterations, and eventually a creative director strengthened design and content output.

    • Slow cadence: 1–2 new products per year for most of the brand’s life
    • Timeless, neutral, seasonless positioning (no trend-chasing)
    • Product roadmap influenced by community requests (e.g., zipper version)
    • Jenny developed design taste alongside the brand
    • Recruited a former freelancer into a full-time creative director role
  11. 13:28 – 15:45

    Scaling beyond ads: influencer/UGC, events, and founder-led storytelling

    With $10M+ revenue, Jenny starts diversifying acquisition channels while keeping paid ads central. She highlights the power of narrative: behind-the-scenes content and personal newsletters build trust and retention.

    • Paid ads remain the “bread and butter,” but diversification is underway
    • Investing in influencer/UGC, collaborations, affiliates, and events
    • Founder story and BTS design decisions resonate strongly with customers
    • Newsletter strategy: two per week, including “Jenny’s Journals” reflections
    • Design philosophy: avoid seasonality and keep products sellable year-round
  12. 15:45 – 18:48

    “Customers don’t want to be sold to”: anti-hype marketing and intentional buying

    Jenny rejects live shopping and aggressive tactics to protect Freja’s brand pillars: intentionality, timelessness, and value-driven communication. She prefers pull-based ecosystem building over pushy conversion messaging.

    • Live shopping feels misaligned with Freja’s intentional, investment-piece ethos
    • Minimal discounting: 0 sales first two years, now 1–2 ‘community reward’ promos
    • Transparent pricing logic makes constant discounting inconsistent
    • Marketing as “pull not push”: value, education, entertainment in content
    • Ad tone: elegant, simple demonstrations instead of “buy now” pressure
  13. 18:48 – 20:26

    Freja Fund: mentoring and community-building as a brand mission

    Jenny describes launching a program to support women starting businesses, providing mentorship and community rather than taking equity. The initiative reflects a shift from survival mode to purpose-driven growth.

    • Started the Freja Fund to support aspiring women founders
    • Selected seven women via applications; biweekly mentoring group
    • No investing/equity: she avoids “taking part of their baby”
    • Value of reassurance and shared experience early in entrepreneurship
    • Brand evolution: channeling profits into meaningful community impact
  14. 20:26 – 22:09

    Celebrity moments and PR: Hailey Bieber, “seeding,” and the Anna Delvey surprise

    Jenny recounts Freja’s first major celebrity sighting through PR seeding and how it influenced awareness and ad angles. The Anna Delvey court appearance wasn’t orchestrated, prompting a discussion about selectivity and brand fit.

    • Hailey Bieber wearing Freja became the first major celeb moment
    • PR strategy: product seeding led to organic visibility
    • Sales impact was modest directly, but awareness/interest increased
    • Experimented with “Hailey Bieber bag” phrasing to drive searches (later stopped)
    • Anna Delvey sighting was unplanned; brand remains selective about associations
  15. 22:09 – 25:01

    Working with creators, founder visibility risks, and the “tell your story” principle

    Jenny explains how Freja evaluates creators—some for aesthetic content, others for sales performance—prioritizing authenticity and point of view. She and Marina discuss the reputational risk of being the brand’s face, and why proactive storytelling matters.

    • Two creator buckets: aesthetic/content creators vs product-moving affiliates
    • Preference for authentic POV and engaged followings over pure reach
    • Freja aesthetic: neutral, city-centric visuals (influenced by Copenhagen creatives)
    • Founder-as-face risk: cancellation concerns can threaten the whole company
    • Guiding rule: “If you don’t tell your story, someone else will”
  16. 25:01 – 31:34

    Building a legacy brand: long-term thinking, role clarity, and the mindset shift

    Jenny shares a strategic pivot from short-term selling to long-term brand building, aligning the team around a ‘legacy brand’ ambition. She names inspirations, discusses balancing accessibility with premium offerings, and ends with practical mindset advice for aspiring founders.

    • Team-wide decision to build Freja into a legacy brand
    • Long-term lens helps filter decisions: “Would a legacy brand do this?”
    • Goals: stronger community reputation, global growth, potential men’s line
    • Inspiration: Métier London and its detail-obsessed product thoughtfulness
    • Founder advice: take one step at a time, focus on one acquisition channel, measure inputs that guarantee learning

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