The Cowboy Bag
Jun 10th, 2007 by Denise
You’ve decided to start your own
business. You’ve searched the Internet for “starting your own business”
and found the start up basics, the step-by-step process, and some
pitfalls to watch out for. You’ve also, unfortunately, found the
statistics on starting your own business, and the odds that are stacked
against you. But what you haven’t been able to do is actually speak to
people about not just starting their business, but how it grew, and how
they moved it forward. Did they have knowledge on the subject before
they got started? How did they manage if they didn’t, and what exactly
is this word “luck” everyone speaks of when getting started – can it
really happen to you? What do people mean when they say you have to
have ingenuity? I have been lucky enough to hear some of the answers to
these questions, and have also been able to speak to someone starting
their own business – Michelle Wood, first time business entrepreneur of
Lil’ Diva.
I was invited to Michelle’s house for an
in-depth look at her business. As Michelle gave me the tour of her
home, we walked through her bedroom. Through the entryway of the
bedroom was Michelle’s walk-in closet. Her clothes were hung on
decorated fabric hangers and organized on multiple racks. Her shoes
were stacked in compartments vertically to save space. And in the back
corner of the closet sat a white antique make-up table dressed with
brushes, applicators, and a mirror lit on all sides. Each brush and
make-up accessory seemed to have its own place that was ready made for
the table. The organized, fully functional, but adorable and cleverly
placed table, told me to sit down and prepare for an equally fantastic
story. Michelle sat and began to apply her make-up for the evening. I
pulled up a chair and pressed record on my tape recorder, ready to
begin.
“There’s got to be a better way to make
money - more fulfilling for myself. I have a lot of creative talents
and I definitely wasn’t using those talents,” said Michelle, a previous
real estate paralegal, when asked what made her decide to start her own
business. “It actually came to me in a dream – about making handbags.”
With financial planning it took Michelle
a couple of years before she was able to start her business, which
first started as an idea for making custom handbags for brides. After
some thought Michelle realized brides can be “crazy women” and she
didn’t want to work with that kind of pressure. Michelle then
researched handbags and saw there was little competition for fabric
handbags. She realized if she designed cotton fabric handbags she would
have a niche in the market. “I went into a fabric store and saw some
really cute fabric with cowboys on it. I made my first bag with that
fabric and I put some feather trim on it. I brought it out one night,
and it was a big hit. My husband was really excited about it when the
waitress came over and asked where the bag was from - he knew I had a
good thing - she said it was super-cute. That’s why I decided to go
that route.”
Michelle had been sewing for years. To
“spread the word” of Michelle’s new business, a friend of Michelle’s
hosted a handbag party where Michelle would have the opportunity to
display her merchandise, receive feedback, and hopefully sell a handbag
or two. With no knowledge or experience in the fashion industry,
Michelle used what she knew, sewing, and sewed her first handbags. She
found fabrics on the internet similar to that used for the cowboy bag
and made forty bags of different sizes in one week and took them to the
party … and in December 2002 Michelle’s business was born.
Needing to fill her lack of knowledge in
marketing, Michelle went to a seminar conducted by a local chapter of
SCORE, the Service Core of Retired Executives. Each participant stood
one by one reciting their name, company name, and type of business.
After hearing Michelle had created her own website and had it up and
running for about six months, a website designer and marketer, Brian,
approached her during a break. Michelle had not been far along with her
online business at the time. She made a common mistake most people make
thinking that once you design your site people will come rushing to it.
Michelle found out quickly, “that’s just not true.” Michelle had a need
to bring customers to her site. And shortly after the seminar, Brian
was hired to do just that.
At this point the business needed to grow
and Michelle could no longer do it alone. If she wanted to move ahead
and expand the business she knew she wouldn’t be able to sew her own
handbags any longer. She began researching apparel manufactures and
also spoke to a friend whose family owned a manufacturing plant in
Virginia. Shortly after, she sent samples of her handbags to the plant.
They were impressed with the product and agreed to manufacture it. At
the same time, recognizing that she needed a more professional website,
Michelle enlisted Brian, who was currently driving traffic to her site,
to redesign it. And with two major decisions, not only was a business
beginning to grow, but a business woman began to emerge as well.
A few years ago, a friend of a friend of
Michelle’s began a Brazilian lingerie company named Belabumbum which
was started at about the same time as Lil’ Diva. Michelle had attended
a party where the lingerie was sold by the owner, much like the party
for Michelle’s first handbags. Curious to see the progress they were
making in comparison to her own company, throughout the years Michelle
would look on their website from time to time. In August 2005 Michelle
was again looking at their site. “I just couldn’t get over how much
press they had gotten in about a year.” Belabumbum had appeared on Good
Morning America, had been in national magazines, and had a celebrity
following. On their website Michelle saw the name of their publicist.
She quickly emailed the owner of Belabumbum and asked about her
experience with the publicist, and the owner responded saying the
publicist had done tremendous things for the company and had increased
their sales. Michelle then emailed the publicist detailing her
background and asked if the publicist would be interested in working
with another client. The publicist agreed, and in just a couple of
months the sales of Lil’ Diva tripled. Michelle’s ingenuity had paid
off.
Michelle is making a name for herself.
Her handbags have been featured in three magazines, two national and
one local. Over twenty retail stores have placed orders to carry her
handbags and she has sold them to boutiques as far away as Ireland and
Australia.
So what advice does Michelle have for
someone starting their own business? “Don’t give up. There were many
times I was ready to give up. You have to have patience, and you have
to have faith in yourself and your abilities. When you start getting
down, remember your vision and your dream and keep going for it -
otherwise you’ll regret it for the rest of your life. And don’t let
anyone talk you out of starting your own business, and don’t let them
tell you it’s a foolish idea - because those are usually the ideas that
end up being fantastic and rake in millions – like the pet rock.”
And whatever became of the cowboy bag?
Well, it’s tucked away with Michelle’s mementos as a reminder of how
following your instincts can take you to your dreams.
Looking for a handbag, diaper bag, or tote? Visit Lil’ Diva’s web site at http://lildivahandbags.com.
If you’re just getting started with your business or need help growing your existing business, visit SCORE at http://www.score.org.
SCORE’s online site offers help on starting, growing, managing, and
financing your business. The site also offers 24/7 online counseling.
SCORE is a nonprofit organization.
[…] entrepreneurs. Michelle Wood’s foray into the world of business is outlined in this post; The Cowboy Bag at Tired of Working? Take a Break! by Denise Olesky. All the very best to […]
[…] faced along the way. Denise presents an invaluable look at one entrepreneur’s experiences in The Cowboy Bag posted on her blog, called Tired of working? Take a […]