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Seven years into the founder journey, I have a very different perspective from when I started...

I started Silver & Riley with strong convictions about business. Seven years later, I’ve changed my mind about a lot of them.

Silver & Riley is now a multimillion-dollar luxury business with clients around the world and products that have repeatedly sold out. Along the way, I have invested approximately $1.8 million of my own capital, raised some seed capital, made expensive mistakes, navigated crises I never anticipated, and gained a different understanding of the industry from the one I had when I started.

I created this page because I want to contribute more of that perspective to the conversation. I welcome conversations with journalists, editors, podcast hosts, television producers, business leaders and academic communities interested in candid, substantive discussions about luxury, entrepreneurship and the realities of running a company.

A little about me

I came to luxury through an unconventional route. I spent more than 15 years across management consulting, corporate strategy and technology before leaving corporate life to focus on Silver & Riley full time.

My career included leadership roles at Deloitte, Accenture and Salesforce, where I advised senior executives at some of the world’s largest companies on growth, strategy and transformation. My clients included L’Oréal, The Estée Lauder Companies, Coca-Cola, Samsung, CVS and Kellogg’s. At Salesforce, I ultimately served as VP of GTM Strategy across a multibillion-dollar product portfolio and as Global President of BOLDforce, leading a global organization of more than 10,000 members.

I launched Silver & Riley in 2019, bringing an engineer’s attention to how things are made, a strategist’s understanding of markets and consumers, and experience working across large, complex global businesses into an industry that was entirely new to me.

My formal education includes:

  • Global CEO Program — MIT and IESE Business School (one of 40 CEOs selected from leaders around the world)
  • MBA, Strategy & Corporate Finance — Emory University, Goizueta Business School
  • MS, Financial Engineering — New York University
  • BS, Materials & Polymer Science Engineering & Mathematics — Rutgers University
  • Executive studies at UC Berkeley, London School of Economics (LSE), WHU Koblenz, SDA Bocconi, FGV Rio, and Erasmus University Rotterdam

I have also traveled to more than 100 countries, experiences that have influenced how I think about consumers, culture and markets around the world.

Select Leadership, Speaking & Industry Engagement

I am actively engaged across the business, luxury and academic communities as a speaker, advisor, mentor and industry participant, sharing my perspective on strategy, entrepreneurship, leadership and luxury.

Since 2023, I have been part of the Emerging Luxury Council at the Luxury Education Foundation, a highly selective group of 10 emerging luxury brands. Established at Columbia Business School, the Luxury Education Foundation brings together leaders from houses including Dior, Chanel, Ferrari, Hermès and Loro Piana with emerging luxury founders and the academic community.

Selected speaking engagements include:

  • Forbes Summit — Speaker + Panelist
  • Emory University, Goizueta — Keynote Speaker
  • ACC Foundation + Greenberg Traurig — Speaker
  • Chicago Booth Business School — Keynote Speaker
  • Columbia University — Guest Lecturer
  • NYU Stern Business School — Guest Lecturer
  • NYU Wagner Graduate School — Guest Speaker
  • Rice University Jones Business School — Speaker
  • Goldman Sachs Women Conference — Panelist
  • WSJ / Dow Jones SectorWatch — Interview
  • Diversity in Tech Awards — Moderator & Host
  • Social Media Week — Closing Keynote

Selected recognition: Inc. Magazine Top 250 Female Founders · National Retail Federation America’s Retail Champions · Emory University 40 Under 40

A Few Things I’m Proud Of

I find failures and what it actually took to work through them far more useful to talk about than a highlight reel. But a business cannot survive on lessons alone, and fortunately, we’ve had plenty of wins along the way.

  • We grew Silver & Riley into a multimillion-dollar luxury business. I launched the company in 2019 as a complete fashion outsider, with no established industry network and barely any social following. We have grown primarily through our direct-to-consumer business while also establishing relationships with major U.S. retailers.
  • More than half of our customers buy from us again. Our repeat purchase rate exceeds 50%, and approximately 14% of our customers own five or more Silver & Riley products. Few things make me prouder than seeing someone buy one product and eventually become a collector.
  • Our return rate is less than 1%. With an average order value of approximately $600, fewer than one in 100 purchases are returned, an important measure of whether the product lives up to what customers believed they were buying online.
  • We have created products that repeatedly sell out. The New Yorker has become our most proven handbag, with production runs selling through quickly and customers joining waitlists for restocks.
  • We went from launch to Nordstrom in approximately two years. Silver & Riley began DTC and expanded into major retail relationships including Nordstrom, Saks, Macy’s / Bloomingdale’s.
  • Our customers now span 27 countries. That international customer base developed organically without a global retail or distribution infrastructure.
  • We’re working toward funding 1,000 women entrepreneurs by 2030. Since the beginning, our Buy 1, Give 5 program has allocated 5% of revenue to fund unrestricted cash grants for women entrepreneurs, with a particular focus on those who have historically had less access to traditional sources of capital. Our goal is to fund 1,000 women by 2030.

I’m proud of the milestones, but I’m just as interested in talking about what it actually took to reach them.

perspectives

Some topics I've been discussing lately

The longer I run Silver & Riley, the more interested I have become in the questions that don't have easy answers. Some are specific to luxury; others touch entrepreneurship, capital, technology, identity and the choices companies make about how they operate.

I am also drawn to the uncomfortable conversations. I don't think everything useful about entrepreneurship lives in the highlight reel, and I am comfortable talking about the mistakes, failures and industry dynamics that are usually easier to discuss after the fact.

Some topics I've been discussing include:

I’m Not Interested in Only Telling the Polished Founder Story

Seven years in business has given me plenty to be proud of and some very expensive lessons. I am comfortable talking about both.

I am willing to talk candidly about periods when cash got dangerously tight, having significant amounts of my own money tied up in inventory, supplier relationships that went wrong, production mistakes that cost hundreds of thousands of dollars and logistics failures serious enough to involve police reports and lawsuits. I can also speak to the harder realities of operating within the fashion industry, including the power imbalance between emerging brands and larger industry players and what happens when a young company is expected to absorb costs that would barely register at a major luxury house.

Capital inequity is another conversation I do not avoid. I know firsthand how unequal access to capital affects the trajectory of an emerging company, and what it means to raise money as a Black woman in luxury, to hear no repeatedly, and to make decisions about growth when the ambition for the company is significantly larger than the capital available to pursue it.

Too much of entrepreneurship is told retrospectively, when the difficult decisions have become anecdotes and the uncertainty has been edited out. I am still in it. Silver & Riley is seven years old, and I can talk about what has worked, what hasn't, what mistakes have actually cost, and what I would do differently if I started today.

I think those conversations are often more useful than another founder story in which every setback conveniently becomes the breakthrough.

Select Media Appearances

I have appeared across leading business, entrepreneurship and news platforms for conversations on entrepreneurship, strategy, leadership, culture and the experience of building Silver & Riley.

  • How I Built This with Guy Raz (guest featuring Richard Branson on advice line). Listen here.
  • BossBabe PodcastThe Secret to Turning Rejection Into Success and Building a Business Fueled by Purpose
  • Side Hustle ProHow Lola Banjo Launched Luxury Handbag Brand Silver & Riley While Side Hustling
  • MarketWatch / Dow Jones SectorWatch — Interview on workplace diversity and performance
  • NJ Spotlight News — Television interview
  • Her Agenda and RevoltThe Power of Partnership with Vanessa Simmons
  • LollieTasking PodcastThe North Star Strategy: How Lola Banjo Built Silver & Riley

My conversations range from the realities of entrepreneurship and financing an independent company to leadership, strategy and the larger business and cultural questions behind the founder journey. I particularly enjoy interviews that leave room to get beyond the polished version of the story.

Select Press Features

I have been featured in Vogue, The Wall Street Journal, Fast Company, Business Insider, Inc. Magazine, Essence, Glossy, Black Enterprise, Blavity and other national media, with coverage spanning entrepreneurship, business, luxury, fashion and the growth of Silver & Riley. A selection of features is highlighted below.

Inquiries & Engagements

I welcome inquiries from journalists, editors, podcast and television producers, conference organizers, universities, industry organizations and companies seeking speakers, panelists or moderators.

For editorial interviews, press commentary, podcasts and select media appearances, I generally do not charge a fee. For keynotes, corporate events, conferences and other commercial speaking engagements, fees vary based on the format and scope, with travel and related expenses generally covered by the host for engagements outside the New York City area.

For stories, interviews, podcasts, television appearances or speaking opportunities, please reach out with details about the opportunity and timing.

For media, speaking and editorial inquiries: press@silverandriley.com

For time-sensitive media requests, please include your deadline in the subject line.

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