In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later. ~Harold Geneen
I know I'd talked about launching DD's store a couple weeks ago, but we hit some snags and couldn't get it all together. However, this weekend we DID get it together and uploaded about half of her items onto the store front.
So, I'm here to announce the grand opening of:
Currently there are book thongs and earrings available. Plans for the future include bracelets, necklaces and cell phone charms as well as notecards, needlework, possibly some sewing stuff and more.
DD is ambitious.
We made a financial deal however. Here's how it works:
I fronted her the initial investment, but I'm not buying her any more supplies. She's going to have to pay for stuff out of what she makes. She also has to save some of it as well. This is how her income is split:
50% goes to me to hold for future supplies.
10% goes into savings.
40% is for her to use however she sees fit.
So... if she sells an item for $10 --
I get $5 for future supplies.
Her savings account gets $1.
DD gets $4 to spend or giveaway or whatever.
So far she's sold 9 bookthongs and 4 pairs of earrings. She's very excited.
Also: Maria Zanini is the person who suggested the name for the shop. Maria, if you'll email me your mailing address (authormariannearkins AT gmail DOT com), DD would like to send you your own special book thong as thanks.
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Aside from taking a zillion pictures of earrings and bookthongs, it was a quiet Sunday. I took a bit of a break from my computer, because I've really been fighting eyestrain and it was good to have some time away.
I made applesauce (the last of it, I hope) and baked some cookies (thank you, Sarita).
Now... the week starts anew. I feel remarkably refreshed. Wonder how long that will last?
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9 comments:
I'm thrilled! Here's to DD's very bright future.
I really liked the way you broke her returns down so that she had a little for everything. This is such a great learning tool.
When I get the book thong, I'll post a picture of it on my blog and give it some buzz.
Congrats, DD! And thanks!
Congrats on the GRAND OPENING! Can't wait to check out her goods. =)
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Congrats on the grand opening of Distinctively DD. I'll check out her offerings later this evening.
Rest those eyes.
Have a great Monday!
Awesome new store. I've book market it and will check def get something from there after I get paid.
That's wonderful! Congrats on the dd's new store!!!! Good luck with everything!!!
Congrats to DD on her Grand Opening! That's a great name for her store. :)
Congratulations to your Daughter on her store opening! I checked it out and there's a pair of earrings I would love to get for my Daughter. But, we let our Paypal lapse.
I made cookies, too. *G*
I hope you have a fabulous day!
Coming in late to say congrats! The store looks great and your DD is very creative.
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