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Topic: How did you get started?  (Read 1010 times)
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girlonjourney
« on: August 15, 2005 01:37:58 PM »

For the veteran crafters, how did you get started with your crafting business? I am wondering if most people get start up loans or just use their own money from a full-time job? Just curious...I am trying to just put the money from my sales into obtaining more supplies and so on, but it never seems like enough to really get a good inventory going. Just curious how others have found success with funding their business.
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faithonfire
« Reply #1 on: August 15, 2005 01:48:45 PM »

I never had to invest too much $$ when i first started making customized fleece scarves, i depended quite a lot on using my profits to buy material. Of course, i didn't have a lot extra in stock, but it was enough. Later after my website got popular enough [a couple thousand dollars in a year], i invested in more. i guess you just have to wait until people buy before you can truly invest. Or, you can just invest and hope for the best! I hope this somewhat helped Smiley
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Beadbakery
« Reply #2 on: August 15, 2005 03:16:11 PM »

Thanks soo much for posting this Wreathgirl, I would also greatly appreiate any advice about how to get started.  Any books or sites (especially Canadian) that will give me some steps to follow to start a business
Thanks
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wonderlandnyc
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« Reply #3 on: August 15, 2005 05:02:02 PM »

i was thinking of starting my site for a while, but never had the time or money to actually get it off its feet. then, at the beginning of this summer, i got this HUGE tax return check ... so i decided to hold off getting a summer job, and to start the website instead. of course, i worked through all the money ... but, at least i'm not in debt!

lindsay.
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girlonjourney
« Reply #4 on: August 15, 2005 05:33:53 PM »

Thanks everyone for the feedback,it has helped. I think one thing is I need to be patient and build things up slowly. Sometimes I get frustrated when I don't have enough money to get to these big shows, and thin" I have to go to them to make any money" but I know in reality it is just a matter of plugging away it little by little and budgeting well (don't do that part so well unfortunately!).
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sweetpeahandcrafts
« Reply #5 on: August 17, 2005 08:03:57 AM »

And don't discount the small shows!  If you spend, say, less than $50 on a table but pull in a couple hundred bucks, that's a nice bit of change. 

Jen
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diagonalman
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« Reply #6 on: August 17, 2005 08:49:46 AM »

I'm not a veteran crafter or small business owner, but I don't think I'm flying blind either.

Right now, I'm just doing custom work which comes from word-of-mouth. I have a sneak preview version of my web site up and hope that its just enough to give people a good glimpse as to what we're making. But I still expect most, if not all of my sales to come from people who see and touch my products.

The first tipping point is when I run out of friends and family to sell to. Then we'll see how far word of mouth spreads past that first circle.

Since my wife and I are working regular jobs, I find it hard to build an inventory also. But I think even if orders start to slow, I shouldn't slow down the production. Once I have an inventory, then other avenues like craft fairs, open air markets, etc. are prime marketing candidates.

Eventually I will look into a small business loan and perhaps even changing careers so that I could work part time, but I'm taking things one-day and a time right now.
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DiagonalMan
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girlonjourney
« Reply #7 on: August 19, 2005 07:24:35 PM »

And don't discount the small shows!  If you spend, say, less than $50 on a table but pull in a couple hundred bucks, that's a nice bit of change. 

Jen

yes, very true. I have been trying to stay focused on smaller shows closer to home. Start small and focus on doing that well.
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