Stitched for Success is dedicated to helping aspiring entrepreneurs, side hustlers, and new business owners achieve the American Dream, while avoiding the pitfalls of owning your own business. Stitched for Success shares stories from successful entrepreneurs who overcame the odds, and have the battle scars to prove it. Our host, Monica Allen, has grown multi-million dollar apparel businesses from scratch, and helped other brands grow along the way. You'll learn from Monica and her guests, valuable business lessons to help you grow, avoid mistakes, and help ensure your business' success.
I continue my conversation with Jennifer Grayer from the formally Atlanta based Lolli Bop Sweet Shop. In part 3 of this series Jennifer discusses the one regret that she has and how that may have possibly saved her business. I go on to give insight as to why the 2 things that are typically not discussed prior to starting your business is so essential.
If you cannot see where you are going, ask someone who has been there before. ~ J Loren Norris
Email me: firstname.lastname@example.org
On this episode I bring you part 2 of my series with Jennifer Grayer, owner and operator of Lolli Bop Sweet Shop in Atlanta. After being in business for 5 years, Jennifer decided to close her doors this year. She has been gracious enough to share her lessons learned with the Stitched for Success podcast family. We discuss hiring employees and catering to customers. These are lessons that every business owner/entrepreneur can learn from and mistakes to avoid to help your business be successful. IG: @stitchedforsuccess Email: email@example.com Sign up for your complimentary coaching session with Monica and learn more about the Imprinted Apparel Academy at the Stitched for Success website. www.stitchedforsuccess.com
On this episode I begin my first series. Jennifer Grayer, owner and operator of Lolli Bop Sweet Shop in Atlanta decided to close her sweet shop after being in business for 5 years. Over those years, Jennifer learned so many lessons about business from hiring to diversifying your offering and so much more. She has been gracious enough to share her lessons learned with the Stitched for Success podcast family. These are lessons that every business owner/entrepreneur can learn from and avoid to help your business be successful.
Sign up for your complimentary coaching session with Monica click here. For more information on the Imprinted Apparel Academy click here.
On this episode listen to my interview with serial entrepreneur, brand ambassador, and marketing guru Korey Felder. Korey provides lessons learned having started his entrepreneurial journey with 8 friends out of their college dorm room at Clark Atlanta University. Learn from his mistakes and challenges. Korey serves as Marketing Director of oAK Atlanta, Co-founder & CEO of HittSquad Entertainment, Event Manager for The Ludacris Foundation, Associate Director of U.S. Member Engagement of the Golden Key International Honour Society, and Executive Board Member of the Emerging 100 of Atlanta. Korey also does much more to benefit his community. Quote: Logic over Emotion ~ Korey Felder (IG; @koreywitak) IG: @stitchedforsuccess Email Stitched for Success at firstname.lastname@example.org Sign up for your complimentary coaching session with Monica click here. For more information on the Imprinted Apparel Academy click here.
Is everyone exhausted or is it just me? On this podcast I discuss my past 2 weeks of exhaustion, excitement and how we can all aim to find positivity and excellence in this year of change, confusion, political drama, and crisis. Quote: Entrepreneurs have a mindset that sees the possibilities rather than the problems created by change. J. Gregory Dees. Follow me on Instagram @stitchedforsuccess for daily inspiration and tips.
You know what product or service you want to offer. You have determined your demographic and your target market or markets within that demographic. You are aware of your strengths, weaknesses, opportunities and threats. You know what differentiates you from your competition. Now where do you get the money to start or grow your business. What are the funding options and where do you begin? Also being an entrepreneur can be lonely, lets connect on Instagram or lets talk via my complimentary strategy session. I would love to be one of your biggest cheerleaders in your business.
Quote: An entrepreneur without funding is a musician without an instrument. Robert A. Rice, Jr.
Link to complimentary strategy session form: https://form.jotform.com/202445426514046
In this episode I discuss 4 lessons that I have learned through a variety of mistakes made. Mistakes that if avoided will ensure your money is working for you and your business for the long term. Quote: Beware of expenses. A small leak will sink a great ship.
Benjamin Franklin. Following me on Instagram @stitchedforsuccess
Join me on this podcast as I talk to Armaan Damani who wrote, played the violin and piano and musically engineered his first single at age 13. Learning the ropes of navigating school, basketball, networking, and marketing his tracks, Armaan is well on his way to making his own entrepreneurial mark. With four songs available on over 80 different streaming platforms, Armaan is set to release a new single in November and an EP this year. This young man is destined for greatness whether it is music or not. Find his music on Spotify, iTunes, SoundCloud and many more streaming platforms.
Quote for the week: Reaching out to the right people and getting connected to influential and intelligent people has helped us do more than we ever could have done alone. — Alex White, co-founder of Next Big Sound
My IG: @stitchedforsuccess
This year has thrown us some doozies. I discuss how I have had to bob and weave to adjust to all that 2020 has entailed. This episode is here to help you embrace the pivots that you may have had to make this year or will eventually have to make in your business over time. Even just the different pivots in life in general. They are inevitable.
Quote for this episode: A pivot is a change in strategy without a change in vision. — Eric Ries.
IG: @stitchedforsuccess DM me with any questions, thoughts or comments.
This week I discuss determining your differentiating factors and how this will help you better market your products and/or services clearly. I also tell you about the ONE factor you don’t want to make your key differentiator because it can put you out of business...FAST.
Quote for the week: Every business is successful exactly to the extent that it does something others cannot. - - Peter Thiel My IG:@stitchedforsuccess
This week I discuss one of the biggest and most expensive mistakes we made in our business. We were young, excited and very optimistic about almost everything in our early years. However losing focus of our core competency was a painful and costly lesson. I discuss 3 questions to ask yourself to determine your core competencies and ways to avoid this type of mistake by staying focused on yours.
Quote for the week: Know your core competencies and focus on being great at them.
- - Mark Cuban
This episode is part 2 of my discussion with Deidre Bembry, The Insurance Lady. Starting her business during the recession of 2008 Deidre learned some life long lessons that has helped her grow personally and grow her business over the years. In the midst of growing her business, Deidre's family receives some earth shattering news when their 4 year old is diagnosed with an inoperable brain tumor after weeks of her gut telling her something just wasn't right. They began the fight of their lives exhausting many resources to give their daughter more time. Deidre discusses she and her husband's non-profit, Keris Kares Inc. A nonprofit that exists to support families impacted by Pediatric Cancer.
Deidre Bembry is a mother, wife, entrepreneur, change agent, and philanthropist. She believes that we all have been placed in this world with a designed purpose to fulfill and that your best is still unwritten. You can get help with your insurance needs by visiting Deidre's website: https://www.asktheinsurancelady.com/
Quote for this episode: “Unexpected events can set you back or set you up. It’s all a matter of – perspective.”— Mary Anne Radmacher
Follow me on Instagram @stitchedforsuccess. Check out this episode and others on Apple Podcast, Spotify, Google Podcasts, Stitcher, Breaker, Overcast, Pocket Casts, RadioPublic and Anchor.
On this episode I speak with Deidre Bembry, The Insurance Lady. Starting her business during the recession of 2008 Deidre learned some life long lessons that has helped her grow personally and grow her business over the years. A rock star in the insurance and financial services industry, Deidre has starred in a national ad for State Farm Insurance. She has owned and operated Deidre K Bembry Insurance Agency Inc for 11 years and recently opened her second location. In this episode, I bring you part one of my interview with Deidre. It is full of important financial lessons that many of us have learned the hard way in business and in life. We discuss the entrepreneurial itch that is impossible to shake once you have it, and the steps she took to scratch that itch.
Deidre Bembry is a mother, wife, entrepreneur, change agent, and philanthropist. She believes that we all have been placed in this world with a designed purpose to fulfill. Deidre also co-founded and acts as Chairperson for Keris Kares Inc, a nonprofit that exists to support families impacted by Pediatric Cancer.
You can get help with your insurance needs by visiting Deidre's website: https://www.asktheinsurancelady.com/
Quote for this episode: For better or worse, cash is the oxygen of your business, and you can't last long in any environment without it. - Neil Blumenthal
Check out this episode and others on Apple Podcast, Spotify, Google Podcasts, Stitcher, Breaker, Overcast, Pocket Casts, RadioPublic and Anchor.
Whether you are starting a business or you're already in business, on this episode we discuss the questions you need to ask yourself from the perspective of one of my favorite exercises in my marketing classes. We talk about your strengths, weaknesses, opportunities, and threats. Also known as your SWOT analysis. I walk you through completing one of these for your company and leave you with a question that I would love for you to answer. You can direct message me on Instagram @stitchedforsuccess or leave me a voice mail message by visiting stitchedforsuccess.com.
Question: How has Covid-19 impacted your business and what will you change going forward to mitigate or minimize a threat like this in the future?
On this episode I take you through an analysis of your competitors before starting your business as well as when you are growing and scaling your business. What questions do you need to ask yourself and what can you do about competition? Direct message me on Instagram @stitchedforsuccess if you have any questions or want to discuss this topic further.
On this episode we talk about determining the target market for your products and/or services and how vital this is to the success of your business. Asking just 3 simple questions will help you determine the best way to market to your customers and help you save time and money. Also drilling down into the different segments within your customer demographic will help you better market and reach your customers. Lastly, I discuss how important knowing that your target market is large enough to sustain your business for the long haul is imperative to success.
Follow me on Instagram @stitchedforsuccess. If you have any business related questions or want to know more about getting started in a new business, feel free to DM me via Instagram.
Happy Anniversary to me! Reading an excerpt from my journal from 2005, I celebrate 15 years of being a full-time entrepreneur this summer. I share with you my thoughts and feelings the day prior to my last day of being an employee and just a few of my ups and downs since.
My unintentional conversation with McBride, CEO of Vitalysys Technologies, after the interview gives alot more insight into mistakes made, lessons learned and long-term strategies for creating and growing a successful business.
After passionately stating that he could never see himself being an entrepreneur, founder and CEO of Vitalysys Technologies, McBride, sits down with me to discuss what brought him to the point of owning his own business and what he has learned after 10 years of being on his entrepreneurial journey.
Vitalysys Technologies ®. #entrepreneur #sidehustle #startup #entrepreneurjourney
On this episode I discuss the importance of knowing your customer demographic. Discussing some of the controversy and critiques surrounding Rachel Hollis and her book Girl Wash Your Face, we learn more about demographics and how important knowing yours is to the success of your business. Follow me on Instagram @stitchedforsuccess I would love to know more about your business and its demographic. Please DM me on Instagram. Sources: BuzzFeed News - https://www.buzzfeednews.com/article/lauraturner/rachel-hollis-girl-wash-your-face-self-help-book
On this episode I have the pleasure of speaking with my life partner and business partner, Ethan King. Ethan and I began our business almost 20 years ago, and we have had our fair share of challenges over the years. In this episode Ethan specifically give his perspective of challenges we faced in the early years and what we did to overcome them. He also discusses his new side hustle and passion project, Wealthy Starving Artist. Check out his YouTube Channel for more information. www.ethanking.com
Ethan King is co-founder and CEO of the multimillion-dollar brands stuff4GREEKS and Zeus’ Closet. Last year he was president of Entrepreneurs Organization (EO) Atlanta. Ethan is also an award-winning graphic designer with over 20 years experience. His work has appeared on The Oprah Winfrey Show and 60 Minutes.
If you have any questions or comments, please message me @stitchedforsuccess on Instagram or visit www.stitchedforsuccess.com to leave a voice mail message.
On this episode I discuss what traits it takes to be a great leader. We all want our business to succeed and as leaders it all starts and ends with us leading our team to greatness. Discussing the current lack of true leadership in our country, we can draw parallels between what is happening in our country today and what our companies will look like tomorrow if we are on the wrong path of leadership. #leadership #smallbusinesssuccess #entrepreneurship
I give a brief commencement address to the Class of 2020. Whether high school, undergrad, a Master’s or Doctoral program, I want you to be encourage during this time when nothing has gone as planned or as envisioned. Follow me on Instagram: @stitchedforsuccess. Feel free to direct message me with questions, thoughts, or comments. Mentioned in this episode: This Morning with Gordon Deal, The Road to Hana.
On this episode, I discuss determining the price you should charge for your product or service and the importance of making sure you always add in profit. Are you actually making money or simply creating cash flow? There is a difference.
Discussing some business basics, Monica gives 3 basic tips on financial statements that every entrepreneur should be familiar with and review on a regular basis. Getting these right from the beginning will give you an excellent start and help you know the true story of your business weekly, monthly, and annually.
In this episode Monica discusses 2 tips to help you grow during tough times and deal with unexpecting events like the pandemic in your business and in life in general. These 2 tips are vital for every business owner or aspiring entrepreneur and will be needed throughout the life of your business.
Episode Quote: You must either modify your dreams or magnify your skills - Jim Rohn