Thursday, December 18, 2014

Advice - take it or leave it!

I am so grateful for the opportunity i had to attempt to build a startup company. I have been taking business classes for over a year now and this course has finally given me the opportunity to put all my knowledge to the test. I encourage anyone who wants to start a business to go for it! I learned 3 important things any wannabe entrepreneur must know! 1st, Organization is everything! We learned how crucial it was to be on-top of our General Ledger. A business owner must know at all times where the money is at and where the money is going. If everything is not organized the business will be in jeopardy of making stupid managerial decisions. 2nd, Marketing is everything, but be careful... Marketing can suck all your money away if you let it. It is important to strategize how we market the company. Do market your product unless you know for sure that this will make an impact; additionally, market to those who you think will have an impact on your business. Marketing to people who wont try and help grow your company is an unsuccessful marketing strategy. 3rd, and lastly, BE PERSISTENT. It is easy to take a break from the business. It is easy to half-ass the work. It is easy to put things off for later. It is, however, hard to work through the slow times. its hard to get creative. its hard to keep going when everyone else says its not worth it. But, when you work hard in the times that require it is when your business will blossom. A true entrepreneur is he who pushes through to the end. 

Saturday, December 6, 2014

Okay, this weekend is huge for us! As i mentioned last week, we would be able to put our bows/bowties out for a christmas booth. Well, right now as i type, our bows are on display racking in the $$$$. The christmas booth goes from thursday until tonight at 8:00PM. Since i have to work full-time, my wife went and checked on the booth on Friday mid day and we sold out of half of our bows!!!! we figured there was about 400$ worth of bows on display and we already had to restock. We have not seen how the bows did last night or today(saturday). I estimate that the majority of our sales would be on the weekend days (friday & saturday). It is good to know that I hit my goal of $100.00. I think i am actually going to blow that goal out of the water!!! We have actually signed up now to do a booth in orange county next week too. This craft fair is fairly smaller than the one we're in this weekend but any opportunity to be involved in a craft fair is a good opportunity. I'll keep you posted.