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Saturday, August 24, 2013
8 MISTAKES THAT CAN HURT YOUR BUSINESS



Have you every said to yourself  “If I had known then what I know now, I would have done things a lot differently.” ?

The following are a few that I wish I could go back in time and tell myself!

  1. WRONG PRICING: If the price is too high then no one buys, if the price is too low  then you don’t make money. Almost everyone prices low. If you think you’re priced high, you’re probably just lower than you ought to be. I would suggest to reevaluate bi-annulaly or annually as material cost can change.
  2. MARKETING ( WHORING OUT THE GOODS): If people don’t know about your products, they won’t buy them. Alot of time, first time "crafters" think it is enough to produce a great ( sometimes not-so-great) product and just put it online. You  have to ge the word out! An easy way to do this is by participating in a craft show or fairs.
    Create a sign-up sheet and begin developing an e-mail list immediately. These are the people that have already expressed an interest in your work, so they are the most likely to buy from you.
  3.  KNOW YOUR ROLE: Spend your time doing the things you are good at, not struggling at the things you don’t do well. If you are lacking in a particular area, then try to consider hiring someone  or outsourcing to someone who is strong in the areas you are weak.  If you can’t afford to do so yet, tap into your network of friends, family or crafting network ( trust me, the crafting network is big and mighty!).
  4. RIPPING OFF THE GOVERMENT: Pay your taxes. All of them.Don’t cut corners with the government. File what you need to file. Even when you may think that you have gotten away with something, trust me.....you haven't! They will lay in wait  ( sometimes for years) and just when you are waiting for a refund check ,  maybe a lotto scratch-off or notice a freeze on your bank account...you get a letter stating that it is being with held for an outstanding tax balance.
  5. NOT SEEKING ADVICE: If you are the smartest person in your circle....then get a bigger circle!  There is a whole group of smart people around you: personal friends, craft business associates, local business connections, parents, siblings, children, or a spouse. All of them have something to offer, and may see things you’re going to miss.
  6. DON'T QUIT YOUR DAY JOB:  Even if you feel like your product is in high demand, most small businesses are not profitable within their first year or two. You should have a reliable source of income from something other than your new business to sustain yourself during your intial start-up period.
  7. SPENDING TOO MUCH: Many small businesses spend too much money "setting up shop," That inclues buying to much material, inventory, website, brochures and etc.  There are alot of ways to have a professional presence without spending alot of money.  Take a look at our different articles for Business Tools, that provide low cost ways for "upgrading" your business!
  8. FOCUSING YOUR PRODUCT: If your business isn't doing as well as you'd like it to, it's very easy to become impatient and try to shake things up with a new product.
    Businesses that do well stick with what they do best.  Several years ago , I have a variety of products, but realized that my best sellers were the  funny cards. This led me to really evaluate my products and focus my line....hence my brands called Glib Greetings and Courtesy Cards. Think about it...when you want a Frappachino you know exactly where to go right? The same should be said for what every your product is....when they want it, they should know to go to you to get it.

 What advise do you think can hurt a business?


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NEAT THINGS: JIMMY CHOO HIGH TEA

Take a look at the Jimmy Choo High Tea at the Mandarian Landmark Hotel in Hong Kong.
It includes afternoon tea for two at the MO Bar that serves the Mandarin's famous ginger scones with clotted cream, and macaroons in a multitude of flavours as well as the handcrafted  Jimmy Choo dessert. After the tea, you can check into the Mandarin 9200 square-foot L900 Suite for a night and select a pair from Jimmy Choo's new 24:7 capsule collection. ...all for the budget friendly price of  $1,500 USD, lol.

If you had the money, how many of you would spend it on this package without a second thought?
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Friday, August 16, 2013
D.I.Y: Rainbow Fan


This easy little D.I.Y is brought to you by  Steph at Modernparentsmessykids.

Paint your fan blades in primary ( red, yellow & blue) . You can add secondary and/or tertiary color  (a color made by mixing either one primary color with one secondary color....ex. yellow green, red orange, etc) depending on the number of blades) and they blend into a lovely rainbow when turned on!

Suggestions:
  1. Remove the front of the fan. All fans have clips and/or snaps to open the fan.
  2. Some fans also have a screw front that you can remove the whole blades 
  3. Thoroughly clean your fan before you paint it. Clean off any dust or particals and let dry.
  4.  Use a foam brush to paint the color on your blades. You can remove blades or paint them while attached to the fan.
  5. Make sure to thoroughly dry your fan before you turn it on.

Please note that at faster speeds it may looked a little brown  because the primary colors mixed create brown. It looks much prettier at the lower speeds.

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Saturday, August 3, 2013