If you’ve seen this blog before (and if not, welcome!), you will know I have a bit of a thing for Fairfax & Favor. And their packaging. And their branding. I’ve enjoyed watching the rise of this dynamic, young company and the pieces that I own sit and smile at me when they aren’t in use. More than this though, the people behind the brand, Felix and Marcus, are really lovely, genuine people too, so I’m delighted to be able to share this ‘a few minutes with…’ blog about Felix Favor Parker.
Tell us a bit about you and your background
Marcus and I both grew up in Norfolk and have been great friends for a very long time
What made you want to start a business?
We decided we wanted to start a business when we were 16, In Norfolk there is a tennis tournament at Hunstanton that is a social event for 15-17 year olds. There was nothing for the younger children so we wanted to buy a bouncy castle and charge the parents. That was when we founded the name Fairfax and Favor. Luckily we couldn’t afford to buy a bouncy castle and eventually started making shoes instead.
How is Fairfax & Favor different?
Our business is different as we have always focused on more than just buying a product. We are selling a lifestyle, a community. Whether it’s popping in for a drink on the stand to the handwritten notes that come with each order. We like to get to know our customers.
What makes your products special?
Our products are special because they are timeless classics with the Fairfax and Favor attention to detail. As well as this all our shoes are designed for comfort with memory foam padding.
Classic, stylish, elegant young, fun and quintessentially British
Do you have a motto or ethos?
When we started we made many mistakes, I remember one year I drove to Blair Horse Trials and realised I’d forgotten the card machines. However our motto has always been “live and learn”
If you could give one piece of advice to an aspiring business owner, what would it be?
Keep cost low, live as cheaply as possible and invest every pound back into the business, and you will grow organically.
One thing that helps you run your business more effectively
We value Shopify, our website platform, hugely. It’s a great software system, easy to use and tracks everything accurately.
Best thing about running a business?
Complete freedom to have a go at anything, some work and some don’t, but it’s nice to be able to try
Worst thing about running a business?
Being responsible for other people’s salaries, the risks you take later have to be weighed up as you are playing with livelihood if it all goes wrong
Top business book you’ve read
One thing we might not know about you
I failed University
Top business achievement
Being involved in Drapers 30 under 30
Where can we find Fairfax & Favor online?
Instagram – http://www.instagram.com/fairfaxfavor #fairfaxandfavor