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382 – Is it Time to Close Down Your Business? with Arin Wensley

382 – Is it Time to Close Down Your Business? with Arin Wensley

FromGift Biz Unwrapped


382 – Is it Time to Close Down Your Business? with Arin Wensley

FromGift Biz Unwrapped

ratings:
Length:
43 minutes
Released:
Aug 6, 2022
Format:
Podcast episode

Description

What if you start your own business, selling a product you’ve always loved making as a hobby, but now you find it’s not what you expected?

? Maybe it takes way more time than you thought it would ...
? Perhaps you've realized the activities involved in https://giftbizunwrapped.com/episodes/skips-candies (running a business) don’t make you happy ...
? You might even be https://giftbizunwrapped.com/episodes/handmade-business-money-mistakes (losing money) month over month ...
? Or it could be that it just doesn't https://giftbizunwrapped.com/episodes/marketingpersonalities (fit into your life) anymore.

Whatever it is, you've realized it’s making you flat-out miserable. So, let's talk about what to do if this happens to you.

Arin Wensley is the former co-owner and creator of Hopping Creations Candles, which was established in August 2018.  Originally, she and her husband sold candles at https://giftbizunwrapped.com/episodes/maker-to-master-9 (farmers' markets and art fairs) eventually expanding to selling online, through consignments and opening a small shop in the back of their home.

In late 2021, Arin decided to close her shop and shut down her business. After careful consideration, she realized she no longer had the passion to create candles and that Hopping Creations Candles overall no longer matched her life goals.

Today, Arin is a busy mom and wife looking towards her next adventure of returning to work as a substitute teacher and planning a second children’s book.
Is It Time To Close Down Your Business?
In this episode, we talk about Arin's entire journey from starting her business, building it up, and the eventual decision to close it down. And there is so much you can learn from this journey, such as:

How she got her business going

The steps she took to build it into a successful business

The importance of being open to change

Evaluating what’s most important to you at every stage of your business and life

Aligning your goals with what makes you happy

Important steps to closing a business the right way

And much more!



Listen to this important conversation so you'll know - is it time to close down your business?
Resources Mentioned

https://suemonhait.lpages.co/content-for-makers/ (Content for Makers)



Arin's Contact Links
https://www.facebook.com/arin.wensley (Facebook) | https://www.instagram.com/arinwensley/ (Instagram)



Join Our FREE Gift Biz Breeze Facebook Community
https://www.facebook.com/groups/GiftBizBreeze (Become a Member of Gift Biz Breeze)

If you found value in this podcast, make sure to subscribe so you automatically get the next episode downloaded for your convenience. Click on your preferred platform below to get started.

Also, if you'd like to do me a huge favor - please leave a review. It helps other creators like you find the show and build their businesses too. You can do so right here: https://ratethispodcast.com/giftbizunwrapped (Rate This Podcast)

https://podcasts.apple.com/us/podcast/gift-biz-unwrapped/id986323267 (Apple Podcasts) | https://podcasts.google.com/?feed=aHR0cDovL3d3dy5naWZ0Yml6dW53cmFwcGVkLmNvbS9mZWVkL3BvZGNhc3Q=&inf_contact_key=f00b9b282a6156da6dc2e642eb167c2f680f8914173f9191b1c0223e68310bb1 (Google Podcasts) | https://open.spotify.com/show/380HmeoVquMHRzOepaoF0s (Spotify)

Thank you so much! Sue

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Released:
Aug 6, 2022
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.