“Knowing I had another year-long maternity leave on the horizon...” said no American, ever.
Seems like damned near every other non-third world country gets it...
https://timesofindia.indiatimes.com/india/parliament-passes-...
21–30 of 139 posts
“Knowing I had another year-long maternity leave on the horizon...” said no American, ever.
Seems like damned near every other non-third world country gets it...
https://timesofindia.indiatimes.com/india/parliament-passes-...
“Knowing I had another year-long maternity leave on the horizon...” said no American, ever.
I wonder how many of them doing such businesses, and how many could engage in such businesses, and if they do not want to do it - why.
“Knowing I had another year-long maternity leave on the horizon...” said no American, ever.
Looks like there are about 10m women staying at home with kids - https://www.nytimes.com/2014/04/09/us/number-of-stay-at-home... I wonder how many of them doing such businesses, and how many could engage in such businesses, and if they do not want to do it - why.
You buy the fabric, typically you'll double the price when selling to customers. Then you take off additional postage fees/packaging (note the flat fees on postage), payment fees (3-4%), discounts, returns, shopify monthly fees, accounting software etc.
You'll spend about 50% of your day cutting & packing orders, taking them to the post office etc. (or you can employ someone to help) and the rest of the time taking shots for instagram, sourcing new suppliers, working on SEO/blogging and doing admin.
If you're good at marketing you can shift quite a lot of fabric, but it will take you about a year to get your stock levels up to a sustainable amount to pay yourself a wage. If you want a real shop front you will generate most of your profit from running classes as the costs for a high street store are significantly higher than shopify and you gain little in terms of footfall vs online traffic.
This isn't a get rich quick model but over time it works well and is replicable at scale.
I've always hated the concept of "revenues" in commerce. Honestly, who cares what your revenues are? Profits are all that matters.
I've always hated the concept of "revenues" in commerce. Honestly, who cares what your revenues are? Profits are all that matters.
“Knowing I had another year-long maternity leave on the horizon...” said no American, ever.