I just filed papers for the dissolution of a business entity. Which means I'm closing down the business.
It was a very hard decision because I had invested so much blood, sweat and tears into the whole thing. Not just me. But, my family, too. I promised Hubby that it'll all be on me. No sweat off his back.
All I've got to say is that I couldn't keep that promise.
Don't let anyone tell you that starting a business is a piece of cake.
Just do it! the Nike commercial cheers!
Well, starting a business is thrilling.
No one starts a business envisioning it’s doors closing. No, in the eyes of the entrepreneur, the land appears ripe for opportunity, just waiting to be claimed. The market won’t even know what’s gonna hit them. Watch out, ‘cuz here I come!
Just two years ago, I was a doe-eyed new mommy, with a plan to generate income while being a stay-at-home mom. The work I did previously didn’t come in a part-time role. So, I figured with over a decade of experience successfully leading product teams at Fortune 500 companies to capture new markets, I had what it took to run my own business.
Finally, a chance to be my own boss and run things the way I wanted! A mompreneur. I liked the sound of that!
I settled on creating USA-made quality, designer shopping cart covers. I spent nine months doing the market research, creating a business plan, and developing the product before launching in the fall 2007.
Everything started off well. Customers loved the product. Soon, I saw myself placing my second and third production orders. I was ecstatic. I was even receiving unsolicited requests from boutiques to place orders.
It looked like my dream of enjoying motherhood with a flexible work-at-home schedule was coming true.
Then, the stock market crashed in the fall of 2008. And it was just awful.
Along with every other business in America who was stocked up for the upcoming holiday shopping frenzy, I was stuck with a ton of product. I thought back to what Jedi Master Yoda said to young Luke Skywalker about being afraid, “You will be. You will be.” And I was. Very.
The funny thing is that Just Peachy Baby did survive the economic winter. I slashed prices and put everything on clearance. Thankfully, I was able to clear inventory and got out of the mess relatively unscathed, compared to what could have been.
Something unexpected happened in that terrible time of stress and uncertainty, when the business was on the ER table.
I was hit with a moment of clarity around what was really important to me.
Is this business really my passion? Would I willing to go through another round of going into the red for this “child” of mine?
I was poised and positioned to take the business to the next level of retailing and creating new distribution channels. But, did I still have any fight left in me? Did I want to put another chunk of our family finances on the table during these difficult economic times?
The answer was no. Although there is something to be said about cutting your losses, my story did not end in the negative.
You see, I discovered what my true passion was through the back window of this online business. Jill Asher, co-founder of Silicon Valley Moms Blog, contacted me, after checking out my business blog, Just Peachy Baby Blog. I joined the SVMoms team of writers, and my lifelong passion for writing finally found an outlet.
I found that my passion for writing grew bigger and stronger than any work I had given myself to. I started out with a business blog, but it evolved into a space for me to express my parenting adventures. Now, my writing passion has launched a more personal blog about my spirituality, FaithBarista.
Blogging stayed with me through my seasons of motherhood and running a small business. I hit my true stride in writing.
I have always wanted to be a writer. But, due to family circumstances, I choose an engineering degree, the more practical choice for reliable income. At the time, writing was a luxury that was there for others, but not me.
This is no longer true. Thank goodness for mishaps in life. Sometimes, they bring us a gift unexpected.
When I started this business, I would've never guessed that one day I'd be closing it's doors, only to walk through another that would open up a hidden life passion.
One dream has ended. But, another dream has begun.
I am a blogger. I am a writer. I am alive.