Tag: new handmade website

Entrepreneurship Ain’t For Sissies

I’ve often said it takes a special breed of person to be an entrepreneur. Being your own boss, starting your own business and growing that venture will test you to every limit you have. Personally, it will either make or break you. In the boutique and handmade world, we see trends come and go, we … read more

I’ve often said it takes a special breed of person to be an entrepreneur. Being your own boss, starting your own business and growing that venture will test you to every limit you have. Personally, it will either make or break you. In the boutique and handmade world, we see trends come and go, we see hot products everyone wants… supply and demand ebbs and flows, but what makes a small or micro-business be able to stand the test of time?

I’ve personally been the owner of my own small business ( Goosie Girl) for almost 14 years now. The Wall Street Journal reported in September 2013 that 56% of Americans thought that they were capable of launching their own company while 9% actually took the plunge and took steps to start a business. Against this backdrop of optimism and confidence stands another set of sobering statistics that outline the causes of small business mortality. Small business failure rates vary, but from 50-70% fail within the first 18 months.

To gain insight to the contributing factors to business mortality, researchers at the University of Tennessee studied failures of thousands of small businesses and attempted to identify the primary culprit leading to demise. They grouped their findings into broad categories but “drilled down” within each to identify root causes of failure.

The leading cause of business failure was determined to be “Incompetence”. Fully 46% of failures could be explained by this broad-brush term. The specific behaviors that underlie this headline, however, are fairly specific and revealing. These include:

  • Taking an emotional approach to pricing
  • Non-payment of taxes
  • No knowledge of industry pricing conventions
  • No knowledge of financing requirements and conventions
  • No experience in record-keeping
  • Living beyond the means of the business
  • Lack of planning

Next in line as a primary contributor to business failure was “Unbalanced experience or lack of managerial experience”. This condition explained 30% of small business failures and was manifested primarily by poor credit-granting decisions.

Eleven percent of failures were attributed to “Lack of experience”. Specific shortcomings that proved lethal included the failure to maintain adequate inventory, no knowledge of suppliers and wasted advertising budgets.

*Source http://isbdc.org/small-business-failure-rates-causes/

The point is that few entrepreneurs, especially first time entrepreneurs, are ready for what comes at them from a people perspective when building a business. In order to succeed, they need to be able to step outside of their comfort zones and reinvent themselves – finding the courage to do things they never thought they’d have to do, or that they’d be capable of doing. I have often said, in business you must constantly reinvent yourself, or find new products, or find new ways of doing the important things which keep a small business afloat such as promotion, networking and marketing.

So how can entrepreneurs get out of this conundrum and learn to reinvent themselves while at the same time reinventing their business?

  • The first step is two-fold: recognizing that reinventing yourself is just as important a task as reinventing your business. Then, once you’ve convinced yourself of the imperative, doing an inventory of your challenges. No one likes to admit weaknesses, but just as you look for the strengths, weaknesses, opportunities and threats (SWOT) in a business deal, use that same rubric on yourself. Where are your blind spots? What do you struggle with? Be honest.
  • The second step is to assess your own personal motivation. You’ve done your personal  analysis and find that you struggle with sales, or networking or at delivering bad news. The next step is making sure that this is something you actually care about improving. What’s in it for you to get better at this? Will it help your company grow and thrive? Probably. Will it help you become a more effective businessperson? Will it help you achieve your goals and ambitions? Definitely. Embracing your internal motivation is an essential step for making anything happen, especially personal transformation.

  • Finally, the last step is to beta test your newly reinvented self. Try out the new behavior. Look at how others do it, and ask friends for help. Maybe even enlist the help of a coach. If beta test number one doesn’t work, try again. Tinker with the behavior, or try it in a different setting. Remind yourself of your motivation to go out there and do it, and just like you’d beta test and improve a product, do the same with this new version of yourself.
  • *Source: Linked In Article by Andy Molinsky

You miss 100% of the shots you don’t take

there are many reasons to tweak your business model–or to try out a whole new one–that make perfect sense. If you do it thoughtfully, it could be the best business decision you ever make. ~ Entrepreneur Magazine

If this information has urged you in the direction of reinvention of your small business,and tipped the scales for our readers who are makers looking for a new venue, such as Gypsy Spoonful here are the top three tips on HOW to do it sourced from Entrepreneur Magazine and some experienced business coaches such as Karyn Greenstreet, a Philadelphia-area small-business coach specializing in self-employment and business reinvention as well as Steve Strauss, a business speaker and author as well as a columnist for USA Today

  1. 1. Know When to Make a Change : Timing Is crucial. The first step is deciding if it’s the right time for a change. (Every.Single.Day. I receive applications from makers wanting to abandon the venue they are currently selling on and joining up with Gypsy Spoonful. A popular marketplace has definitely changed, and many are jumping ship. If it’s working for you, I’d advise to keep selling there, but NEVER keep all your eggs in one basket. A variety of marketplaces are GOOD to reach different customer bases. By all means, if it’s not working for you anymore due to policy change, lack of support, mass produced or imported items being sold on the same venue and undercutting your pricing… then it’s time to move on. We are entering a new season for handmade~ and the time is ripe for a marketplace solely dedicated to handmade goods.)
  2. Decide What You Want
    After the decision is made to change, you need to decide what type of change is necessary to meet your goals. “Once you decide there’s something you can do better, you need to decide whether to make a little tweak or a major overhaul,” Strauss says. “You have to decide what’s best for your brand.  (Learning a new craft and/or adding a new item to your product line up can bring new life to your handmade microbusiness. Once you decide what it is you truly want out of your business, It is so true to say “Entrepreneurs have more ideas than they have time for. The absolute first stage is deciding to cut off all those other ideas and focus on one. Making a decision to make a decision is the hardest thing for entrepreneurs to do.” Once you have clarity on your goals and values, making a decision should be easy. (We often ask potential new members to read what Gypsy Spoonful believes about handmade, and small business, and doing business in America before committing to applying as a maker. You can see this our ideals and values by clicking here.)
  3. The next step is something every business owner should be experienced at–making and following a business plan. “You need to act as if you’re starting from scratch,” Strauss says. “You need to think it through thoroughly, figure out who the competition is, how you are going to beat them and what the costs are. Strauss and Greenstreet suggest sharing your plans with other business owners or a mastermind group. “Entrepreneurs tend to rely on intuition a lot, but you need to make sure other people think your plan is a good idea,” Strauss says. (This is why Gypsy Spoonful has been built around the concept of “community”, we rely on our “mastermind group” to support, share and build each other up. Being an entrepreneur can be a lonely venture, if you are in community with other like-minded small business owners, it makes it more enjoyable, less stressful and you can learn from other’s successes and mistakes as well).

“Business owners sometimes need people to bounce things off of to keep them from going off in crazy directions,” – Pamela Wilson

During the transition, you’ll likely be running two shops at once as you phase out the old business model and ramp up the new one. “Sometimes reinvention means running two businesses simultaneously for almost a year,” Greenstreet warns. “It’s overwhelming, and business owners are often so excited about the new model, they want to let go of the old model. It’s like going through a long divorce before committing to a new relationship.” The solution is to create a detailed exit strategy. (Gypsy Spoonful doesn’t want to be the only venue you’re a part of, we just want to be the best and favorite one 😉  )

Entrepreneur’s article suggests to : “Be transparent through the whole process with vendors, customers, employees and, most important, your family. Give everyone notice that changes are coming, when they will happen and what it means for them.”

If it’s time to reinvent your business and switch venues, and hop aboard the NEW home for handmade, we encourage you to go through the application process: Get the process started here

 

 

 

Blue Lives Matter EVERY week

Gypsy Spoonful is observing National Police Week (May 14-20 2017) . We salute our awesome officers across America this week and every week. What is National Police Week you may ask? It’s an opportunity to recognize the dedication and hard work, and often thankless occupation of those who keep us safe everyday. In 1962, President … read more

Gypsy Spoonful is observing National Police Week (May 14-20 2017) . We salute our awesome officers across America this week and every week.

What is National Police Week you may ask? It’s an opportunity to recognize the dedication and hard work, and often thankless occupation of those who keep us safe everyday. In 1962, President John F. Kennedy signed a proclamation which designated May 15 as Peace Officers Memorial Day and the week in which that date falls as Police Week. Currently, tens of thousands of law enforcement officers from around the world converge on Washington, DC to participate in a number of planned events which honor those that have paid the ultimate sacrifice.

The Memorial Service began in 1982 as a gathering in Senate Park of approximately 120 survivors and supporters of law enforcement. Decades later, the event, more commonly known as National Police Week, has grown to a series of events which attracts thousands of survivors and law enforcement officers to our Nation’s Capital each year.

We’re joining in and using our creativity to salute our women/men in blue!

#bluelivesmatter #nationalpoliceweek

Click here to see this adorbs hairbow

by Gypsy Spoonful maker: Beeccas Boutique Bows

The National Peace Officers’ Memorial Service, which is sponsored by the Grand Lodge of the Fraternal Order of Police, is one in a series of events which includes the Candlelight Vigil, which is sponsored by the National Law Enforcement Officers Memorial Fund (NLEOMF) and seminars sponsored by Concerns of Police Survivors (C.O.P.S.)

Click here to take a look at this awesome “Always Come Home To Me”  keychain by Gypsy Spoonful maker:

DCD Jewelry. What a sweet sentiment, and the quality shines through!

National Police Week draws in between 25,000 to 40,000 attendees. The attendees come from departments throughout the United States as well as from agencies throughout the world. This provides a unique opportunity to meet others who work in law enforcement. In that spirit, the Fraternal Order of Police DC Lodge #1 sponsors receptions each afternoon and evening during Police Week. These events are open to all law enforcement personnel and are an experience unlike any other.

Unfortunately the list gets longer every year, here’s a roll call of HEROES who made the ultimate sacrifice for their fellow officers and citizens. #respect . So sad 🙁

Available on the new home of handmade, Gypsy Spoonful is THIS sweet hair bow for daddy’s little girl…

Click HERE to see it close up

It’s from Bows and More by T, she has 5 stars/5 stars on her shop, check her out today.

It’s hard to imagine what survivors of police officers have faced and deal with on the daily. C.O.P.S. is a website which supports these folks and helps raise awareness about the programs this organizations offer to the people directly affected by the loss of one of their loved ones who wore the uniform.

Each year, between 140 and 160 officers are killed in the line of duty and their families and co-workers are left to cope with the tragic loss.  C.O.P.S. provides resources to help them rebuild their shattered lives.  There is no membership fee to join C.O.P.S., for the price paid is already too high.

C.O.P.S. was organized in 1984 with 110 individual members.  Today C.O.P.S. membership is over 37,000 survivors.  Survivors include spouses, children, parents, siblings, significant others, and affected co-workers of officers killed in the line of duty according to Federal government criteria.  C.O.P.S. is governed by a National Board of law enforcement survivors.  All programs and services are administered by the National Office in Camdenton, Missouri.  C.O.P.S. has over 50 Chapters nationwide that work with survivors at the grass-roots level.

C.O.P.S. programs for survivors include the National Police Survivors’ Conference held each May during National Police Week, scholarships, peer-support at the national, state, and local levels, “C.O.P.S. Kids” counseling reimbursement program, the “C.O.P.S. Kids” Summer Camp, “C.O.P.S. Teens” Outward Bound experience for young adults, special retreats for spouses, parents, siblings, adult children, extended family, and co-workers, trial and parole support, and other assistance programs.

C.O.P.S. knows that a survivor’s level of distress is directly affected by the agency’s response to the tragedy.  C.O.P.S., therefore, offers training and assistance to law enforcement agencies nationwide on how to respond to the tragic loss of a member of the law enforcement profession.  C.O.P.S. is a 501(c)(3) non-profit organization.  C.O.P.S. programs and services are funded by grants and donations. To learn more about this amazing organization, please visit their website: C.O.P.S.

Blue Lives Matter bow by Gypsy Spoonful maker:  Daniela’s Bow Shop

 

 

 

 

May The 4th Be With You

Gypsy Spoonful is celebrating international Star Wars Day in style! Where else but a small business such as the shops owned by a Gypsy Spoonful independent maker who creates one of a kind, or small quantities of their products is it more possible to find something totally unique? We can tweak , personalize, and customize nearly … read more

Gypsy Spoonful is celebrating international Star Wars Day in style!

Where else but a small business such as the shops owned by a Gypsy Spoonful independent maker who creates one of a kind, or small quantities of their products is it more possible to find something totally unique? We can tweak , personalize, and customize nearly anything you can imagine, it’s just a matter of reaching out to the maker and ASKING. Our businesses depend on our abilities to offer awesome customer service, and willgness to give our clients what they’re looking for. That is something a big box store CAN NOT and WILL NOT do.

May the 4th Be With you all! We have items you can not find ANYWHERE else on the internet. All of our maker’s items are made with the utmost attention to detail and skill. You definitely can’t beat a handmade item’s quality, when a maker creates an item by hand the piece is excellent quality. It will last much longer than a mass produced, factory made item. The care that is given to each piece when a maker creates things in small quantity raises the bar for all products. When you shop the maker’s of Gypsy Spoonful, you’re supporting a small business owner with dreams and hopes that stretch the galaxy!

Luke, I am your father!

Bathtime just got real my friends! Take a peek at this hooded Darth Vader Bath Towel from Firefly Threads

Click on the picture to visit this listing

Everybody’s new roly-poly favorite ! A BB-8! Grab this chunky bubble gum bead necklace before it’s gone!

Click on the picture to get all the details and to see this item created by BuildABraceletBeadDesigns :


 

Your little Battlestar Baker needs this awesome apron, dontcha think?

Click on the pic or visit all of SewingAtTen’s listings

This skirt is on sale TODAY! Snag it before the price isn’t $15 anymore! What a GREAT deal for such a CUTE skirt!

Click on the picture to go to this listing from PlayPatch

Rey is in the house! Click on the picture to check out this embroidered hooded towel from JustBobbinAlong

This BagLadyAmI bag is so amazing, not only is it the trendy cross-body style, it’s got so many details!

Click on the picture to see it now

We’re glad you’ve joined us for our May the 4th product showcase. The Gypsy Spoonful Marketplace is reeling with independent small business owners. We’re a creative community, and we would like to ask for your support of our small businesses. The next time you’re on an online shopping bender, or have a gift to buy, need something for a special occasion, we invite you to search for what you’re looking for by clicking HERE

 

 

3 Things You NEED to Know About Shopping on Gypsy Spoonful

Things you need to know about shopping Gypsy Spoonful: 1.We have 40+ independent makers. They design, create and sell all of their wares BY HAND. There is nothing mass produced, everything is MADE IN AMERICA. There is NOT one thing imported. When you buy something, you are supporting a REAL person with dreams, hopes and … read more

Things you need to know about shopping Gypsy Spoonful:
1.We have 40+ independent makers. They design, create and sell all of their wares BY HAND. There is nothing mass produced, everything is MADE IN AMERICA. There is NOT one thing imported. When you buy something, you are supporting a REAL person with dreams, hopes and goals. You’re not funding a corporation or conglomerate, or a super rich CEO lining their pockets. Your purchase helps support a work at home mom and their family incomes, your purchase may buy dance lessons, swim or piano lessons.. pay for cheer competitions, or let a mom take her kids to the movies… or in some instances, this may put FOOD on the table for a family, it may pay the light bill or car insurance. Shopping Small puts real money into the hands of real people, it also puts money back into local economies in towns all across this great country.

 


2. We have fully automated, secure checkout. We have encryption that is fully safe, all forms of payment are accepted through our checkout system, each transaction is safeguarded and you have automatic protection built into each purchase. Our site is locked down like a motha… haha… Active McAffee, GoDaddy and iThemes Security 24/7 ~SSL certificate and monitoring. We lock up your info like Alcatraz and we will NEVER share it with ANYONE.


3. We believe in handmade and the people that MAKE. We are a curated site, meaning we don’t accept everyone who applies to open a shop. We have screened and vetted each and every maker~They each go through a rigorous application process with lots of grilling by our admin team. We look for stability, professionalism, quality of product, honesty and trustworthiness.  (Want to apply? Go HERE: and click to JOIN )

Those are just the top 3 high points of what my vision has brought to life… There are a bazillion other reasons to shop Gypsy Spoonful but these are some key points


Thank you for believing in the “vision” of a completely handmade marketplace like nothing you’ve ever seen before. We’re about community before competition.#GypsySpoonful #itsLaunchDay #SHOPPING #handmade #sewing #crafting #customboutique #boutique #grandopeningtoday #bethereathighnoon