Michelle is giving away two sets of GoCharmz to one lucky Small Biz Stories reader!
To enter the giveaway, leave a comment on this post.
Extra entries are allowed if you:
- Tweet or retweet about this giveaway, including a link (Use the retweet button on the upper right, or copy/paste into a new tweet: http://bit.ly/9CLDth)
- Post about this giveaway on Facebook, including a link
- Post a link to this giveaway on your own blog page
- "Like" GoCharmz and Small Biz Stories on Facebook
- Follow @smallbizstories and @gocharmz on Twitter
If you do any of the above, please post an additional, separate comment to let me know. The giveaway will be open to entries for ten days; a winner will be randomly selected on Monday, May 24, 2010. Thanks, Michelle!
"I guess you could say I've been a persistent serial entrepreneur for as far back as I can remember. Growing up, I used to draw random pictures and go door-to-door selling them, or make Sno-Cones with my Snoopy Sno-Cone Maker and ask the neighbors to pony-up some money for shaved colored ice. It’s funny to think about it now, but many of us back in the day tested our own neighborhoods as a market for kid-driven ideas. I knew that when I grew up I was going to run my own company. Fast forward a couple of years (okay several, several years later) and here I am launching my fourth business idea with even bigger aspirations that the first three combined. Mind you I have done all this (like so many of us) in a moonlighting fashion, keeping my 9-5 job in the background. And since none of the previous three businesses ever took off with great momentum, I was fortunate and darn right lucky I kept my day job - but this project with GoCharmz feels very different. For once, I feel like a kid again, during my days as a 10 year old pushing Sno-Cones. And the ironic thing is that my test market back then is the same today: the kids and parents in my community.It's been 14 months since I came up with the idea for what eventually became GoCharmz. I had the 'ah-ha moment' while riding to school on my son's scooter, which was slathered with stickers. At the time, I had been laid-off from a popular internet company (one of my day jobs) so I was keen to everything around me, looking for the next idea. All the kids passing by with their scooters couldn't help but look at the scooter decorated with stickers. I thought to myself, 'Scooters are fairly boring and generic - there must be a way to create a product that allows kids to decorate and personalize them.' That was pretty much all it took. Since then, the scope has grown into 'activity toys': not only scooters, but bicycles as well. The main theme of personalizing and decorating them has stayed the same.
It's a simple concept, but even as I write this 14 months later I still don't have a finished product to bring to market. We are close... very close. It may be weeks away, but just to get to this point, it’s taken a mind-numbing amount of money, patience and persistence. I have several contract people working for me to help bring this product to market. Often times, people really 'trip out' (for lack of a better word) when they learn that I am dealing with people on other continents, trusting them with my design and prototyping. Furthermore, all the overseas communications have taken place through instant message and e-mail. That alone is a crazy feat. Who would have thought creating something which seemed so simple in my imagination would take this long to come to fruition? Then again, if it were easy, everyone would be doing it, and I wouldn't be able to appreciate the milestones we've achieved so far.
Since I was laid off from my job, everything I've done to create GoCharmz has had to be fiscally responsible. I sourced out my own manufacturer overseas, filed for a patent and went through countless revisions on my design(s) with quality and budget in mind. I am a mother of two who is also back to work full-time with a day job, so it’s comforting to know I have income to help bolster the project. As the spring months heat up outside, I can feel the heat turning up on GoCharmz. Early on, we created a fan page on Facebook to test-market our designs. This has helped us out immensely. We invested a small budget daily to run ads on Facebook, which has helped increase the fan base prior to our official launch. It's worked out fairly well, and if you have a product that can be targeted to users on Facebook, I would recommend looking into it. Still, the rubber (as they say) has not hit the road. I have more questions than answers on how this will eventually take off, and by the end of June I should have a full-blown website where our customers can search over 100 charm designs that fit onto bicycles, scooters and helmets. That's when phase 2 will begin: marketing and selling what I have created. I have to keep reminding myself that bringing something to market is one thing, but making the market aware of it and encouraging people to spend money on your product is entirely different.
GoCharmz feels so different from the other start-ups I have created. Maybe it's because it involves more people in my family than ever before. Maybe it's because I am gaining fans daily on Facebook and feeling a sense of reinforcement. Maybe it's because I see reactions from kids in the neighborhood who enjoy the prototypes we've been showcasing. At the end of the day, I know that it is all those things. Each positive interaction with the outside world builds my energy and excitement for the next day. I feel like a kid again, and that feeling of joy and unbridled creativity is addictive. I highly recommend it.
I look forward to the 2nd phase of my business plan. I know I have something great, and now it comes down to the choices I make in executing my go-to-market strategy. That's a whole other topic entirely. Thanks for giving this a read, and I hope at a minimum I inspired other moms and early-phased entrepreneurs to pursue their ideas. If nothing else, create that product that once was in your mind, so you can hold it and proclaim, 'I did this!' Be a kid again. No holds barred."



