The following is a short company profile interview with Victor Teruel, CEO from Moda. Moda is a mobile application that connects available model in any city directly to clients for immediate bookings. If you’d like your vegas startup company profiled, drop us a note on our contact us page.
Tell us about your company
While the idea behind Moda stems from my own experience as a client having a difficult time trying to book models last minute for an event, its development is earnestly rooted in all the feedback that we received from all the models and businesses that we work with. Before we started with development, we made it a point to personally listen to all the models that we interviewed. We wanted to know their thoughts and frustrations, to understand their experiences in the current industry and what they like and dislike about their agents and agencies. We were stunned that there were many recurring themes, of payment delays, high commissions taken by their agencies, lack of respect for their privacy and personal space, and worst sexual harassment. It was through this, that we made it our goal to engineer Moda’s platform to be a solution, one that every model can have to empower themselves to pursue their dreams of being discovered in a safe & reliable platform, all in the palm of their hands.
Tell us about your team
Victor Teruel, CEO
Moda originated from Victor’s experience in business and fashion. He founded Moda, with the intent to simplify the process of hiring talent by allowing models to be hired by clients directly through their mobile device. Victor is a successful entrepreneur whose first business was in promotions as the Co- Founder and Managing Director of REM Nightlife Entertainment LLC. He is also a partner of MAMAM Delifoods, a restaurant corporation in the Philippines. He has worked for major luxury fashion houses like Fendi- LVMH, Celine- LVMH and Miu Miu- Prada Group with multiple roles in customer relation’s management, sales management, merchandising & operations.
Sagar Raich, President
Sagar cofounded Moda with the intent of allowing anyone to be a model and to be in the promotions and fashion industries. Having worked at large financial firms like Merrill Lynch, having been the Managing Partner of his own successful Corporate Law based Law Firm for many years, and having run many successful businesses, Sagar brings unique finance, law, and business perspectives in running and growing Moda. As a businessman, Sagar’s involvement in conventions, promotions, and marketing will also allow him to successfully handle Moda’s operations and growth.
Bryan Pelayo, Public Relations Coordinator
With his experience in promotions and marketing, Bryan will oversee the public relations for Moda. He is responsible for establishing our initial partnerships with the models and influencers that will represent the company. Bryan has more than six years of experience in promotions, marketing, sales and hospitality with multiple companies such as Marquee day club & nightclub, Encore beach club and Ameripark.
Why did you choose Las Vegas? What do you love about Las Vegas?
First off, we chose Las Vegas because it was the most ideal city for our platform. Being the convention capital of America, we knew we could really make an impact in the growing need for accessibility and affordability in the industry. Second, our team is composed of Las Vegas locals who have deep roots in this community. From those who work in gaming, fashion, nightlife, modeling, to those who practice law, our team is representative of what being a Las Vegas local is about. We live and understand the hard work that our local professionals put in everyday to service the millions of people that come to our city.
What we love about Las Vegas is its uniqueness. There is a certain excitement that is driven by the diversity and fusion of tourists from all over the world & our beloved locals. In a city where 9 to 5 jobs are not the norm, we are able to truly highlight our platform that is based on the idea of work flexibility and convenience. With Moda, anyone can be a model; they can come from any city, be working in a completely different field of work, and even use it when they are traveling. They just need to turn the available button on, and they can enjoy Las Vegas while also having the ability to make extra income.
What can the Las Vegas community do to help your company?
We hope that the Las Vegas community can support us and give us an opportunity to make a positive difference in an industry that has at times been troubled with negative associations. We created Moda to be a solution for models, new and aspiring, to pursue their passions and for businesses to meet their needs efficiently and effectively.
What’s your best advice for startup entrepreneurs?
Use discouragement as an opportunity – Sometimes, when we come up with an idea, we are attached to it so much that every criticism, every problem & setback that we encounter, becomes a discouragement. Use that discouragement as an opportunity to strengthen your idea to be able to solve the problems that come along the way. Ultimately the finished product will be a reflection of all the set backs that you had to overcome to get there.