foldover-backpack/clutch

Starting a business. Part 1 – Ideation (+ Giveaway)

July 18, 2016

foldover-backpack/clutch 

Hello IHOD readers! My name is Amina Belouizdad, I’m one of the Co-Founders of Bartaile. I’m excited to share some of the lessons we have learned while building Bartaile, a modern travel bag brand. We started Bartaile for all those #goingplaces, whether you’re looking to further your career, see the world, or just do more. So, please, feel free to email me at amina@bartaile.com – happy to get on a call or share some thoughts and be helpful however I can. We’re all in this together. 

Let’s start by dispelling some myths:

1) You need to have money before you start a business.

2) You have to love taking risks.

3) You have to be a subject matter expert.

4) You have to do it all yourself.

None of these are true! But they can be, if you let them stand in your way. I will tell you that both Felicia (my business partner) and I cannot say we had any of the above. And we turned out just fine! There really are no universal truths when it comes to starting a business – there are no rules and no right or wrong way. In my opinion, this is a better time than ever to just go out and do it. There is an incredible amount of resources available now both offline and online.

With that in mind, here is what I’ve learned….

bartaile backbacks

 

So you have an idea?

You’ll know when you’ve found it; usually because you can’t get it out of your head, and it just makes so much sense to you. It might be a problem you’ve experienced directly or one that you’ve witnessed through someone else. If this is you then congratulations! You’ve been bit by the entrepreneurial bug. She’s persistent, tenacious, and speaks with the honeyed voice of a jazz club singer. She’s hard to shut down! The most important thing you can do is try to figure out whether this idea is worth pursuing.

This takes some pragmatism. It takes being able to approach your idea unemotionally, with a forensic eye. The questions you want to answer as quickly and cheaply as possible can really be boiled down to four:

1. How much does it cost for me to make my product or service? 
If it’s a product, create a prototype immediately. It can be just a minimum viable product — a simple, easy-to-make version of your product. If you’re crafty you can make it yourself, or if you’re not (like me!) you can just go to a manufacturer. Most manufacturers are very open to working on a developing a new product. The key here is to gain an understanding of the materials, pricing and costs. And to start thinking about ways to improve quality or design. Of course, if your idea entails a service, then it’s easier! A little bit of research will go a long way in terms of understanding the costs.

2.  Who is my target market?
One of the best ways to identify and understand your target market is through surveys and focus groups. Surveys are great because people tend to be more honest in front of a screen. Focus groups are great because you can gather feedback through body language, facial expressions and can really drill into certain aspects.

I love Survey Monkey for surveys. And this article has some great focus group tips.

3. How much is my target market willing to pay for my product or service?
Now, a lot of people try to answer this question with the same surveys and focus groups above. However, I think the only way to truly test how much people are willing to pay for a given product/service … is to have them pay for it! Hosting a pre-sale or pre-order is a great way to do this. An even better way is to host a Kickstarter. This also allows you to test your supply chain and production.

You can test different prices at different times and see how people react — however, for integrity, I recommend you then retroactively reimburse the difference for any people that paid more than others. This is an experiment that your first customers shouldn’t have to pay for.

4. Does this all work for me, my lifestyle and my goals?
This is probably the most important part! And I don’t think we talk about it enough — in business, as in life, different people want different things. Some want purpose, some money, and others want to just be able to work from home in their underwear.

There’s really no right answer here, but questions 1-3 should help inform the context in which you answer the final question – is this for you? Is this consistent with your personal goals? Are you ready for the road ahead?

Bartaile backpack giveaway
 

I hope this helps many of you budding entrepreneurs! We want to share one of our Bartaile bags with you today so we are giving away the Loden Bartaile Backpack! Enter below via Rafflecopter. 

amina

– Amina
Co-Founder, Bartaile

 

a Rafflecopter giveaway

contributors

Now accepting contributors!

July 16, 2016

contributors

With a new baby on the horizon, I am planning for the adjustment months and really excited to announce that IHOD will now be accepting submissions for features! This blog will continue to remain a personal lifestyle blog, but I would love to support other sites, businesses, writers, and artists when we can.

We will be accepting post submissions for the following topics:

1.) Home Tours or Room Makeovers – If you have a home tour you would like to share or a before and after room makeover, we would love to see! Please make sure there are at least 4-5 high resolution well lit images, and the content has not been shared on another site before. 

2) Desktop/iPhone Wallpaper art – This is a recent series we would love to continue, and if you would like to submit your designs for consideration, please email us a few samples of your work.

3) Food/Drink Recipes – If food photography and recipes are your forte, send over your ideas with high resolution photography samples.

 

To submit your stories, please email Megan at: hello (at) inhonorofdesign.com with the subject including your topic submission!

We can’t wait to hear from you.

stove heaven

Kitchen Schemes and Dreams

July 15, 2016

The kitchen has always been the place I consider the heart of the home. Growing up, we spent hours in my grandmother’s small kitchen around her table as it seemed she would multiply the loaves and fishes from a few tortillas and feed the masses. She wasn’t just feeding us, but providing a place we always knew would find welcome. It was the same in my own home, where I would spend many hours around the table for family dinners. So much life happened in those kitchens! I hope the same for all who walk through ours. That they feel welcome, loved, and appreciated. With this goal in mind, here are a few elements we are going to aim for as we start the kitchen reno process…

 

Grey Toned Kitchen
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1.Colors – White is dreamy, but not quite something I want to be srubbing down every 2.5 seconds for the next ten years. I am really drawn to these tones and colors for countertops, cabinets, wall space, etc. A lighter grey may still show wear but it’s a little easier to work with and compliments just about every color in the book. READ MORE

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