26.
Re: Event October 22: Turning a hobby into a full-fledged biz Oct 22, 2008 2:23 PM

in response to:
naturaljeanie
Naturaljeanie,
I did, indeed, launch with 18 products- 6 fragrances of lotion and soap, our peppermint pedicure collection, a limited facial range and a few body scrubs. That range and number of products was manageable for me and I never scaled it back. After a year of working solo (anywhere from 60-80 hours/week), I hired an elderly lady to help apply labels and do some product finishing work. She worked with me for more than a year until I hired a full-time production manager who allowed me to focus on new product development and customer service. Today, there are 8 full-timers: a few who work in the office and on customer service, two full-time production people, a full-time production assistant who does all the labeling, induction sealing and stocking, and the shipping crew. We still outsource our web design, product photography and graphic design. When you're initially ready to bring on help, examine your daily task list- journal everything you do for a week and how much time each task takes. Then decide which tasks need YOU and which tasks just need doing. In my case, I am the heart of the business, so I need to focus on strategic planning and product development. I don't need to label jars or charge credit cards, but those tasks do need to be accomplished. So I delegate what needs doing, but doesn't need doing by me.
As I mentioned previously, I think the best way to get your name out there is to design a beautiful website, stock it full of good information and then optimize the hell out of it so the search engines can find it easily. In my experience, obtaining customers via the internet is the most cost-effective way to get them, much more so than via reps or trade shows, which are the more "traditional" means. That's how I got the word out, coupled with self-written press releases. I have never obtained outside funding- no loans, no grants, no investors. It's important to keep in mind that I remarried a year after I launched my business. That as a welcome relief as I was no longer solely responsible for all household expenses, and it allowed me to reinvest most of our revenue back into the business. But outside funding, no.
Thanks much for your kind words- they are truly appreciated. I would not consider us "huge", we are still very much a micro business, but we do have the benefit of a great staff and fairly wide distribution.