Having to decide how much to charge for an item using the fix cost and variable cost, that is one of the hardest part when you have never done it before; I always thought it was about what I had spent on one item like if something is $4.00 a yard plus my time per hr. I was so wrong, you also need to know your competitors pricing to make sure that you are lower or equal too and not so low you will not make a profit. As I’m growing into this business I am find these things out for myself that there truly is much more to learn. When your young you think that you know it all; not so fast pump the breaks. Like branding (P.O.) NOT P.O. Box either but purchase orders until College I didn’t even know what that meant. Not only that you must do your research in the field that your in or going into; that way you will not go in half-cocked.
It is hard to find investors when you’re still trying to find your way in this business and find the right direction that is right for you, it is best to know your goals the direction is not important right away because that can change many times before you get things right don’t try to get there to fast that just may hinder you. I know first hand that thinking things will happen right away but great things takes time to form the propper way.
Well, I am just about ready to show everyone my work and hope everyone will like everything I have too offer to everyone. I am learning that you will learn something new everyday; what they say is true you do learn something new everyday, and I am truly loving it. It helps to watch shows like Undercover boss and Shark Tank: I am not sure where the show that hired people and chose which companies they would like to work for. I guess not many people liked that one, all though I liked all of them. Whatching and listening to what people are doing and what they have done gives you Ideas of what not to do! or do them differently.