Comments for StartupPrincess.com http://startupprincess.com/wordpress Make a Wish, Make it Happen! Tue, 07 Oct 2008 01:47:03 +0000 http://wordpress.org/?v=2.5 Comment on How to Get Donations for Your Non-profit Charity or Financial Sponsors for Your Business by fatima http://startupprincess.com/wordpress/how-to-get-donations-for-your-non-profit-charity-or-financial-sponsors-for-your-business/#comment-39744 fatima Mon, 06 Oct 2008 13:32:46 +0000 http://startupprincess.com/wordpress/?p=1311#comment-39744 How do i get financial donation to my non profit? How do i get financial donation to my non profit?

]]> Comment on How Wholesale Businesses Make Money and Recover from Loss by Jamie Bird http://startupprincess.com/wordpress/how-wholesale-businesses-make-money-and-recover-from-loss/#comment-39654 Jamie Bird Mon, 06 Oct 2008 00:50:44 +0000 http://startupprincess.com/wordpress/?p=1435#comment-39654 Oh, I so feel your pain. This (and Jamie's) article touches on the worst part of business, in my opinion. I absolutely hate hounding people for money. I hate the sinking feeling as bill after bill is sent with no response. It just stinks. Trying to absorb any amount of product not paid for is tough. Thanks for bringing humor to a very troubling problem most retailers/wholesalers face. Oh, I so feel your pain. This (and Jamie’s) article touches on the worst part of business, in my opinion. I absolutely hate hounding people for money. I hate the sinking feeling as bill after bill is sent with no response. It just stinks. Trying to absorb any amount of product not paid for is tough.

Thanks for bringing humor to a very troubling problem most retailers/wholesalers face.

]]> Comment on Attended Touchpoint? Blog or Leave a Comment and You Could Win $150 Off our Retreat by startupprincess http://startupprincess.com/wordpress/attended-touchpoint-blog-or-leave-a-comment-and-you-could-win-150-off-our-retreat/#comment-39533 startupprincess Sun, 05 Oct 2008 03:38:56 +0000 http://startupprincess.com/wordpress/?p=1420#comment-39533 Congrats to Rebecca of Savvy May Creations... she was one of our Top 5 Elevator Pitch Finalists, she blogged out the event 2x! :) Congrats to Rebecca of Savvy May Creations… she was one of our Top 5 Elevator Pitch Finalists, she blogged out the event 2x! :)

]]> Comment on How Wholesale Businesses Make Money and Recover from Loss by DeBorah Beatty http://startupprincess.com/wordpress/how-wholesale-businesses-make-money-and-recover-from-loss/#comment-39495 DeBorah Beatty Sat, 04 Oct 2008 20:27:56 +0000 http://startupprincess.com/wordpress/?p=1435#comment-39495 We had something similar happen a few years ago in our tiedye business. We got an order from Russia, got the credit card verified through our payment processing company and OUR bank so happily filled the order amounting to $700 with shipping and duty costs. We sat and waited for 6 months, afraid to use any of the money for fear it really was bogus after all. But then a crisis happened and we needed the money to pay our rent so we used it. Right after that, the true owner of the credit card who was nowhere near Russia demanded the chargeback. The bank took everything we owned and almost ruined us. Fortunately, we always run really lean and on a cash only basis so with the back inventory we already had, we were okay after our next event. But the two weeks in between were miserable. We've never forgotten the lesson we learned and are much less trusting, I hate to say. I don't want to think that people are just evil or out to scam, but there are those without a sense of integrity or conscience, i guess. I do know that there are a lot of small businesses gambling on processing time between writing a check and receiving payments. Wholesalers especially. There just isn't any credit out there for many of them that will allow them to get a Net 30 or even a Net 10 to soften the pain of doing business. It's one of the reasons my husband and I have to deal on a cash only basis ourselves - a Net 30 account can make all the difference in the world for a small business, since there are times cashflow is not what you'd prefer and the opportunity for a big show is one you need to take to keep going. We had something similar happen a few years ago in our tiedye business. We got an order from Russia, got the credit card verified through our payment processing company and OUR bank so happily filled the order amounting to $700 with shipping and duty costs. We sat and waited for 6 months, afraid to use any of the money for fear it really was bogus after all. But then a crisis happened and we needed the money to pay our rent so we used it. Right after that, the true owner of the credit card who was nowhere near Russia demanded the chargeback. The bank took everything we owned and almost ruined us. Fortunately, we always run really lean and on a cash only basis so with the back inventory we already had, we were okay after our next event. But the two weeks in between were miserable.

We’ve never forgotten the lesson we learned and are much less trusting, I hate to say. I don’t want to think that people are just evil or out to scam, but there are those without a sense of integrity or conscience, i guess.

I do know that there are a lot of small businesses gambling on processing time between writing a check and receiving payments. Wholesalers especially. There just isn’t any credit out there for many of them that will allow them to get a Net 30 or even a Net 10 to soften the pain of doing business. It’s one of the reasons my husband and I have to deal on a cash only basis ourselves - a Net 30 account can make all the difference in the world for a small business, since there are times cashflow is not what you’d prefer and the opportunity for a big show is one you need to take to keep going.

]]> Comment on How Wholesale Businesses Make Money and Recover from Loss by sarah jane http://startupprincess.com/wordpress/how-wholesale-businesses-make-money-and-recover-from-loss/#comment-39417 sarah jane Sat, 04 Oct 2008 01:49:32 +0000 http://startupprincess.com/wordpress/?p=1435#comment-39417 so true! we can't have ONE avenue! Jaime's article is GREAT....in fact, she has touched on MOST things you want to think about before getting into business. Jaime sure knows how to challenge this economy,...thanks for posting! <abbr><em>sarah janes last blog post...<a href="http://sarahjanestudios.com/blog/index.php/2008/10/03/handmade-christmas/" rel="nofollow">Handmade Christmas.</a></abbr></em> so true! we can’t have ONE avenue! Jaime’s article is GREAT….in fact, she has touched on MOST things you want to think about before getting into business. Jaime sure knows how to challenge this economy,…thanks for posting!

sarah janes last blog post…Handmade Christmas.

]]> Comment on How Wholesale Businesses Make Money and Recover from Loss by Michelle McCullough http://startupprincess.com/wordpress/how-wholesale-businesses-make-money-and-recover-from-loss/#comment-39382 Michelle McCullough Fri, 03 Oct 2008 20:35:16 +0000 http://startupprincess.com/wordpress/?p=1435#comment-39382 What a bummer. I think it's hard times for everyone, and I'm looking forward to other's advice. Right now I'm focusing on peace. At least I'm trying... <abbr><em>Michelle McCulloughs last blog post...<a href="http://morethandoodads.blogspot.com/2008/10/touchpoint-annual-event-for-women.html" rel="nofollow">Touchpoint: The Annual Event for Women Entreprenuers presented by Startup Princess</a></abbr></em> What a bummer. I think it’s hard times for everyone, and I’m looking forward to other’s advice. Right now I’m focusing on peace. At least I’m trying…

Michelle McCulloughs last blog post…Touchpoint: The Annual Event for Women Entreprenuers presented by Startup Princess

]]> Comment on How Wholesale Businesses Make Money and Recover from Loss by Janet Meiners Thaeler http://startupprincess.com/wordpress/how-wholesale-businesses-make-money-and-recover-from-loss/#comment-39370 Janet Meiners Thaeler Fri, 03 Oct 2008 18:33:27 +0000 http://startupprincess.com/wordpress/?p=1435#comment-39370 I know exactly what Matt feels like! I quit my regular job and worked hiring bloggers and paying them through another company. Due to a lot of circumstances - including the owner of the other company going to jail - a check for thousands bounced 2 weeks after I deposited it. My business account was not only emptied of everything in it, but it was in the negative. Plus I owed the bloggers. I was getting fees, they were getting fees, and it was right before Christmas. Eventually the guy (who was in jail) paid and even paid my fees but he was flaky from then on. He acted like I owed him something and tried to discredit me for the work I'd done for him previously. It was stressful. So I got a job, which I've had since. I'm developing my web sites so they will make more income - this is passive income that I don't have to do much additional work for. It's one reason I love the Internet - I put up a link and I get paid on sales that happen months or even years later. Janet <abbr><em>Janet Meiners Thaelers last blog post...<a href="http://www.newspapergrl.com/2008/09/30/a-unique-business-idea-or-form-of-therapy/" rel="nofollow">A Unique Business Idea - or Form of Therapy</a></abbr></em> I know exactly what Matt feels like! I quit my regular job and worked hiring bloggers and paying them through another company. Due to a lot of circumstances - including the owner of the other company going to jail - a check for thousands bounced 2 weeks after I deposited it. My business account was not only emptied of everything in it, but it was in the negative. Plus I owed the bloggers. I was getting fees, they were getting fees, and it was right before Christmas.

Eventually the guy (who was in jail) paid and even paid my fees but he was flaky from then on. He acted like I owed him something and tried to discredit me for the work I’d done for him previously. It was stressful. So I got a job, which I’ve had since.

I’m developing my web sites so they will make more income - this is passive income that I don’t have to do much additional work for. It’s one reason I love the Internet - I put up a link and I get paid on sales that happen months or even years later.

Janet

Janet Meiners Thaelers last blog post…A Unique Business Idea - or Form of Therapy

]]> Comment on REGISTER for Retreat Nov 7-8 by Girlfriendology Top Ten - top women's online communities | Girlfriendology http://startupprincess.com/wordpress/events/#comment-39337 Girlfriendology Top Ten - top women's online communities | Girlfriendology Fri, 03 Oct 2008 12:09:46 +0000 http://startupprincess.com/wordpress/?page_id=1140#comment-39337 [...] STARTUP PRINCESS - No, we haven’t interviewed Kelly yet, but we want to. She’s just too busy right now with some amazing things happening on her site for women entrepreneurs. She recently had a very successful event, Touchpoint, and is getting ready for another amazing event, Marketing to Women Online. [...] […] STARTUP PRINCESS - No, we haven’t interviewed Kelly yet, but we want to. She’s just too busy right now with some amazing things happening on her site for women entrepreneurs. She recently had a very successful event, Touchpoint, and is getting ready for another amazing event, Marketing to Women Online. […]

]]> Comment on Meet Shelly Hart, Founder of Go-Girl by Meet Shelly Hart, Founder of Go-Girl « Bootstrapper Handbook for Startups http://startupprincess.com/wordpress/meet-shelly-hart-founder-of-go-girl/#comment-39329 Meet Shelly Hart, Founder of Go-Girl « Bootstrapper Handbook for Startups Fri, 03 Oct 2008 10:38:13 +0000 http://startupprincess.com/wordpress/?p=1429#comment-39329 [...] October 3, 2008 · No Comments Today, I am featuring a successful bootstrapper, Shelly Hart.  Actually she was featured in Startup Princess website and below is quoted from Startup Princess. [...] […] October 3, 2008 · No Comments Today, I am featuring a successful bootstrapper, Shelly Hart.  Actually she was featured in Startup Princess website and below is quoted from Startup Princess. […]

]]> Comment on Meet Shelly Hart, Founder of Go-Girl by Michelle McCullough http://startupprincess.com/wordpress/meet-shelly-hart-founder-of-go-girl/#comment-39295 Michelle McCullough Fri, 03 Oct 2008 03:31:05 +0000 http://startupprincess.com/wordpress/?p=1429#comment-39295 Nice to meet you, Shelly! What great products! Good luck! Nice to meet you, Shelly! What great products! Good luck!

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