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080 – Energy Marshmallows? Yes and More! with Amy of Marshmallow MBA

080 – Energy Marshmallows? Yes and More! with Amy of Marshmallow MBA

FromGift Biz Unwrapped


080 – Energy Marshmallows? Yes and More! with Amy of Marshmallow MBA

FromGift Biz Unwrapped

ratings:
Length:
42 minutes
Released:
Oct 17, 2016
Format:
Podcast episode

Description

Marshmallow MBA was born over a bottle of wine when a friend asked why Amy wasn’t selling her handmade holiday confections.
After some kitchen burns and several more bottles of wine, Amy launched her business in February 2016 with her college roommate from Penn State.
They invite you to forget everything you think you know about marshmallows. There are more than 75 flavors available for shipping nationwide.
Products include traditional marshmallows in gourmet flavors, “craft”-mallows based on cocktail and liquor flavors, GamersEdge energy marshmallows, and AthletesEdge recovery marshmallows.
Amy may be the only person who left a consulting career for candy making. Now she’s paying back her MBA loans one dozen marshmallows at a time.
Business InspirationA grandmother’s influence and love of sweets and baking paved the way. [6:06]
The life changing conversation over a bottle of wine. [8:13]
Enter … Sandra’s opinion and a partnership was born [9:04]
Candle Flickering MomentsAcquiring a social media posting mindset is a challenge [24:43]
Turning an under-performing festival into a business building opportunity [26:01]
Business Building InsightsThe first actions to take when setting up a business [10:29]
Suggestions on finding a commercial kitchen [14:18]
All about product development and narrowing in on flavors [17:01]
The all important pricing analysis [19:53]
Tips on product labeling [22:21]
Fear is a Liar! [28:25]
Identifying and entering into two surprising and new consumer markets [30:16]
Success TraitAmy leverages her ability to talk to anybody [33:53]
Productivity/Lifestyle Toolhttps://www.quicken.com/ (Quicken) – Budgeting software is the easiest way to manage your money.
https://trello.com/ (Trello) – Keep track of everything from big picture to minute details.
Valuable Bookhttp://amzn.to/2e4oLrn (Screw It Let’s Do It: Lessons In Life) by Sir Richard Branson
http://amzn.to/2dEyOp7 (15 Handpicked Unique Suppliers for Handmade Businesses 2015-2016) by Renae Christine
http://www.giftbizbook.com ()Contact Linkshttp://marshmallowmba.com (Website)
https://www.facebook.com/MarshmallowMBA (Facebook)
http://facebook.com/GiftBasketBusiness ( )https://www.instagram.com/marshmallowmba/ (Instagram)
https://twitter.com/MarshmallowMba (Twitter)
If you found value in this podcast, make sure to subscribe and leave a review in http://www.giftbizunwrapped.com/ApplePodcasts (Apple Podcasts) or http://www.giftbizunwrapped.com/GooglePodcasts (Google Podcasts). That helps us spread the word to more makers just like you. Thanks! Sue
Released:
Oct 17, 2016
Format:
Podcast episode

Titles in the series (100)

Have you thought about turning your hobby into a profitable small business? This podcast shows you how to do just that. Whether you want a side gig for some extra cash or to get out of your 9-5, the handmade products you make for fun can hold the key! In each episode you'll hear steps and actions to take to start and grow a profitable business. It's created specifically for the handmade product business entrepreneur; a group I lovingly call Gifters, Bakers, Crafters, and Makers. You're a fabulous unique creative person and I'm here to help you get on the right path to making your vision a reality. There's a lot out there about building a service based business, some about building a product business, but handmade is different. There are specific nuances to handmade that we cover here. Have you thought about starting a business but not sure what the first steps should be and you're afraid to do it "wrong?" Have you started your business but it's not progressing as you had envisioned? Are you confused about Etsy, Amazon Handmade and Shopify platforms? What about email marketing and Facebook or Instagram ads for attracting sales? There is so much to know it can be overwhelming and confusing. I'm your host, Sue Monhait, and I interview business owners who have been where you are. This is combined with over 30 years of experience consulting hundreds of boutique and big brands along with opening two profitable product based business of my own, I'm here to help you realize your dream. At the end of each episode, you'll walk away with new ideas, tools, or processes that you can apply immediately to get results. Decide on your business. Learn how to get started. Hear what others do to get customers and increase their sales. A great first step is to subscribe to the show. Then you'll automatically get each new episode as it releases - ready and waiting for you when it's convenient to listen. The main show becomes available on Saturday morning with a short Tips & Talk episode on Wednesday. I want you to know that you don't have to do this alone. Find more free resources over at GiftBizUnwrapped.com and if you're looking for a community of handmade makers just like you, join us over in my private Facebook Group - Gift Biz Breeze.