Saturday’s Success Story: Suzy Prudden

I came across a great article on Entrepreneur.com about Suzy Prudden, whose face I recognized but whose name I did not. She’s had quite a life and offers many lessons for business people and entrepreneurs. Starting off as a fitness trainer out of her own, Suzy has seen serious financial ups and downs (which included being homeless and out of work), mostly based on youth and inexperience. She transformed herself into a motivational speaker, reaping praise from folks like Deepak Chopra and Oprah.

At 22, with a new baby on the way and a husband in school she needed an income and started doing fitness training from home. Soon she spun this into a full-fledged fitness company which she owned for 18 years before selling it in 1983. She started giving workshops, which she sold cheaply to gain a following and to brand herself as a speaker on mind-body connections. She’s now written 13 books, and is acknowledged as a leader in holistic mental/physical health.

What I particularly loved about the article and Prudden herself is her succinct advice for individuals interested in starting a business. This from Entrepreneur.com:

  1. Have a business plan: “I actually for the first time ever have a business plan,” she says. “I’ve never had one before. I just had an idea and did it.”She’s now working with business coach Bobbie Leonard. “She looks at all the things I’ve done and she said she doesn’t understand why I’m not more successful in the world.”

    Prudden knows why: “It’s because I don’t plan, I just do.”

     

  2. Find people to help you. “Getting a business coach is paramount,” she says. “A lot of us think we have to do it ourselves. We think we have to know everything. We don’t know everything. There are people who know much more than we do, and we need to get hold of them.”
     
  3. Make sure you have money. “I suggest people keep their day job or make sure they have some kind of income. If you don’t have money, it’s too hard.”
     
  4. Go for it. “Now is the best time to start a business because everybody’s a mess. The playing field is more even. And if you can make a business successful at a time like now, then you’ve got it made when things start turning around.”
     
  5. Make sure you fill a need. “When you start a business, you have to look at what is needed, not necessarily what you want to do. People get a good idea, and they think everyone wants it. You’ve got to find out if they want it before you take it out there.”

For pulling herself up and following her own series of dreams, Suzy Prudden is our Saturday Success Story!

 

 

 

Saturday’s (Super Cool) Success Story

You gotta give it to this guy. Jason Sadler developed a business idea that allows him to get paid for getting dressed. He’s been all over the media (literally: check this Press link) which he undoubtedly works harder at than his actual business model.

Businesses pay Jason to wear their t-shirt. He is a walking billboard. The model was brilliantly simple. On Day 1, his body costs the company $1 to advertise. Day 2, $2. Day 364? $364. So companies bid to get in early when his advertising (and the subsequent wealth of media exposure) is still low. He only wears the shirt for one day, but if he happens to be on CBS with Katie Couric, your “ad” could be seen by millions of viewers-for a buck. Even if he doesn’t get on a national show in your shirt, he still posts photos all over social media networks and on his site.

2009 sold out. So, he got a buddy to work Los Angeles while he continues to work his original spot of Jacksonville, Florida. 2 Guys to Wear Your Shirt. Guess what? Today is January 15, 2010. There are only 60 days in 2010 left to buy!

The income off of wearing the shirts comes to (in case you were trying to work out an Excel formula) $66,795. But there is more advertising on the site and you can be sure a book must be in the works. And they have a store that sells I Wear Your Shirt t-shirts. The guy is smart.

Jason, and now Evan, really understand self-promotion, relationship marketing and personal branding (sort of). So for picking a business model you gotta love, they are our Saturday Success Story!

 

 

 

Saturday’s (Legal) Success Story: Karen Stewart

Divorce is an obviously unhappy event (though many people jump for joy when it’s over!). But you add insult to injury by employing a rabid divorce attorney which can take things from sad to evil. Karen Stewart felt there ought to be a better way and, in exploring that, built one of the fastest growing and most respected franchises around: Fairway Divorce.

Interestingly enough, Stewart saw the implications of divorce from a financial perspective, not a legal one. She was a financial advisor and not an attorney when she started considering starting the company. Of course, her own difficult divorce was also a key motivator. She wanted to offer a holistic approach to ending a marriage and has succeeded. Fairway Divorce offers financial and parenting counseling and legal advising during seminars. Much of the approach is through mediation in an attempt to end the marriage fairly and peacefully. Both parties must sign up through Fairway and they are charged a flat-fee.

Stewart began her business journey by doing extensive market research after her divorce which led to the book  Clean Break: How to Divorce with Dignity and Move On with Your Life, branding herself as an expert in non-traditional divorce. She started Fairway Divorce in Canada but franchises are opening all over the United States and the company has received praise from many corners.

For my entrepreneur readers, you should know that Stewart raised $2 million through private investors, has done heavy marketing (including online via her blog), she snagged the COO from 1-800-Got-Junk to help with media and did not promise a profit until 2010, four years after the first franchise opened.

We’ve all either been through or witnessed a painful, acrimonious divorce so here is to Karen Stewart and Fairway Divorce for trying to do it in a kinder, gentler way.

Saturday’s Success Story: Wicked Quick

We talk about it alot here at TVLAI (and we are glad we did it!). “It” is niche marketing, aka ‘long tail marketing’, and is the way to go to develop a loyal devoted customer base. Tarran Pitschka pounced on one when he noticed the crazy fans at a drag car race and realized, unlike NASCAR fans, they weren’t being served with their own line of apparel. In 2003, he started Wicked Quick by mostly selling at the events themselves. Fast forward to 2009 and the line can be found in places as varied as Nordstrom and Harley Davidson stores.

, creating a logo so cool that some customers want it tattoed on them, and supporting local musicians. Pitschka anticipates continued growth and is seeking additional funding to expand to a local, Portland OR store and new studio. Tarran Pitschka, you rock (and I want one of your shirts!).

Photo via Portland Business Journal

Saturday Success Story: Alexis Neely

I came across Alexis on Pam Slim’s Escape from Cubicle Nation and knew we had to write about her because she is a lawyer turned entrepreneur. Alexis is one of the “mompreneur”s out there, a powerful online community of mom entrepreneur’s who are finding a better (not perfect) balance between running businesses and being stay-at-home moms.

Alexis is a Georgetown University law school grad (first in her class!) who only worked in a traditional practice for a few years before starting her own practice and beginning her entrepreneurial journey. Like many attorneys, she was disappointed at home law was practiced and set out to do it differently. She felt it was important to develop real relationships with clients and to nurture that relationship throughout their lifetime.

Alexis is extremely adept at online marketing and personal branding. She blogs, has put out  many free guides and manifestos, is a media expert for ABC News and a variety of other shows and is a published author. “Wear Clean Underwear! A Fast, Fun, Friendly – and Essential – Guide to Legal Planning for Busy Parents” is one of the steps she took in building a go-to place for parents and families that includes The Family Wealth Matters site.

Alexis also coaches other attorneys on going into solo practice and social media marketing. She also advises mom’s on becoming entrepreneurs and everyone on seizing life’s opportunities. She’s a homeschooler, speaks out on issues affecting parents, and consults on building and protecting wealth. Clearly Alexis is not your traditional attorney. For promoting law that does the right thing, we salute you!

Saturday’s Success Story: Eileen Gittins

Self-publishing is all the rage these days, but most of us think of it for business, self-help or fiction. Eileen Gittins company, Blurb, is all about photography: beautiful, lush, “proud to put it on my coffee table” photo books. Blurb allows you to take your own, or a loved one’s photography and turn it into a hardback or paperback using Blurb’s free Booksmart software.

Eileen, a self-professed geek, has a background in e-commerce marketing and search Web 1.0 startups, but was also a Kodak exec. Not surprisingly, while she has an MBA from Stanford, she has a BA in art (with a photography/digital imaging emphasis). When she put together her own photo book and wanted to have 40 copies printed off, she found it cost-prohibitive and slow. With the help of technology gurus, they took a year in developing a software that would work on both Mac’s and PC’s. Blurb is print-on-demand (they only print what you order) and a hardcover starts at $22.

As of 2008, Blurb had printed over 1 million books, and had 52 employees. Like most Web 2.0 companies, Blurb relies on relationship marketing (via their blog, Facebook, Twitter and flickr) and word-of-mouth. Gittins feels strongly about diversity and passion to drive creativity at Blurb. In this interview, she describes this. By extension, Gittins identifies passion as the key quality she looks for in new hires at Blurb. It doesn’t really matter what they’re passionate about, as long as they’re passionate about something. She says, “We want a difference of opinion. We don’t want everyone to be the same: gender, age, race, personal proclivities. In all dimensions we need that. We look for: ‘Fit in, but standout.’”

I wish I’d profiled Eileen and Blurb sooner. What a lovely holiday gift idea and great success story!

Photo: NYTimes

Saturday’s Success Story: New Leaf Biofuel

Used french fry oil powering your car? This is biofuel! Increasingly, individuals are retrofitting their vehicles (often unnecessary if you own a diesel vehicle) to run on this type of oil, but most of them collect (i.e. go from one fast food restaurant to the next) their own oil and clean it themselves, a messy and tiresome process. Nicole Kennard thought there was a market for a company to handle all of this work and she was right. She and her team started New Leaf Biofuel in 2006, partly funded with incentives from the city of San Diego for green business startups.

Kennard, who has a Master’s in Mechanical Engineering, currently oversees 12 employees in partnering with and servicing over 1100 local restaurants. Obviously, this type of business serves several purposes.  It provides a clean, renewable fuel (75% cleaner than gasoline), makes it accessible toa larger population and it makes use of a product that might otherwise go to waste.

Now that the federal government is supplementing green technology, New Leaf and Kennard are even more optimistic about their growth. Here’s to Kennard and their team for making the world a “greener” place!

(Photo via Entrepreneur.com)

Saturday’s Success Story: Spin It!

Confess. Whenever you drive by some car wash, oil change place or pizza chain and there is someone on the roadside holding up some promo sign trying to lure you in, you think “poor schmuck, what a crummy job.” A couple of young entrepreneurs are changing that and turning those roadside marketers into hip performance artists.

Teenagers Michael Kenny and Max Durovic were “human directionals” (what the advertising world calls these often costumed sign holders) and bored out of their minds. They started devising various antics and stunts to try and outdo each other and to make the work tolerable and the stuff worked! They started attracting attention for their employer and decided to make a go at starting a business. In 2002, AArow Advertising was born (they were both STILL teenagers at that time) when they started employing and training “spinners” during their boot camps on how to perform the same stunts they were. Their site is wicked cool and the company’s spinners have been featured in McDonald’s advertising, with press on MSNBC, Entrepreneur, BusinessWeek and now have 18 franchise offices. The company is expected to do $5 million in revenue this year. But wait…(there’s more)…

They have sign spinning competitions, a documentary (produced by a teenager) about the best of spinners, a strong focus on supporting non-profits, cross promotions, and a variety of guerilla marketing services. Obviously video is a strong component of AArow Advertising’s marketing campaign so check out a spinner!

Saturday’s Success Story: Jeremy Stoppelman

Yelp.com is a San Francisco phenomenon that has risen dramatically in popularity . As competition to CitySearch, Jeremy and co-founder Russ Simmons, wanted a similar site with similar features but which provided word-of-mouth recommendations on everything-not formal reviews. They dreamed of a site that combined social networking features with city-specific recommendations.They launched the original version in 2004.

Stoppelman, now CEO, noticed that the site was receiving a lot of activity in its “Write a Review” section which allowed people to elaborate on their experiences. Other parts of the website were clunky and not user-friendly, but this part drew the most traffic. They beefed that up in 2005 only to see drastic growth overall. Jeremy, who was previously at PayPal with Simmons, started Yelp (they paid $5k for the domain name because a co-worker thought it was catchy!) for SF Bay Area users only. Like Craigslist, they expanded city by city.  Yelp has become the “go to” site for checking out restaurant, salons, shopping and other small business reviews. And, of course, it has made Stoppelman and Simmons wealthy entrepreneurs.

That didn’t come without incredibly hard work, 60-80 hours per week, getting the venture going. About being a successful entrepreneur, Jeremy says in another article “It’s far more important to try, stumble, and learn something than it is to wait and say ‘I have to have the perfect resume to start it’. You never have the perfect resume. You just need the right idea, the right timing and the right context. The more you put yourself out there and try, the more likely you are to succeed!”

I’ll second that!

Photo: CNN Money




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