Have you ever heard of the 80/20 Rule? It’s also known as the Pareto Principle and it basically explains that for many events - 80% of our results come from 20% of our actions. If you're thinking about going into business, the sooner you recognize the 80/20 rule the better. Here are some examples of how the 80/20 rule show itself once you’re in business: Roughly 80% of your results will … [Read more...] about Customer Loyalty ~ The 80/20 Rule for Makers
The dirty little secret about owning a craft, fabric or quilt shop is this – it’s almost impossible to make a livable wage because the margins on fabrics, notions and craft supplies are so small. Most patrons cannot even imagine how hard it is to be profitable and nearly impossible it is to bring home a paycheck – AT ALL. Think about this - When Thread is your biggest seller and you’re only … [Read more...] about The Dirty Little Secret About Owning A Crafty Business
In 2010 my husband and I opened a boutique fabric shop in our neighborhood lovingly named The West Seattle Fabric Company. The Community had recently lost a large, corporate fabric and craft store 2 years prior so there was certainly a need for a convenient place to buy threads, notions and the basics needed for sewing. I personally had a strong desire to create a place that wasn’t fussy but … [Read more...] about Don’t Make the Same Mistakes I Made…PLEASE!
Let's debunk the idea that having a creative small business is easy, fun and prosperous. You see, over the past 7 years I’ve had countless customers, friends and strangers tell me that they are interested in going into business. Some of them are much more intuitive than I was, with plans to have an experiential business from the start. Others told me that they want to open a retail shop … [Read more...] about Why I Created The Maker’s Guide To Making Money
A Maker’s Guide to Making Money was created with one specific type of person in mind. Who? A Creative Soul who wants to make money doing what they love! That might seem broad but the truth is there are so many creative souls in this world that have talent and inspiration to share. I developed this guide as a pathway to make money for stay-at-home moms, creatives who want to earn extra money … [Read more...] about Is The Maker’s Guide to Making Money Right For You?
You may remember that back in February I asked Greg, my sports, music and television lovin' husband if he would mind if we turned our media room into a full fledged sewing studio. Mind you, he'd already given up a large plot of his 'media room real estate' when we brought in the long arm quilting machine. To be honest, I really didn't think he'd go for it - but my husband 'tries' to follow the … [Read more...] about My Sewing Studio!