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Pivoting your business - with Kate Smith - the Makery
Episode 18329th September 2023 • Bring Your Product Idea to Life • Vicki Weinberg
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Today on the podcast I'm talking to Kate Smith from The Makery. Kate set up The Makery in 2009 on a mission to teach the world how to craft. Fast forward 14 years, two books, a Dragon's Den appearance, an internationally distributed product range, and nearly 150, 000 customers having attended her craft workshops and events. 

Covid, Brexit and other challenges led Kate to pivot her business, and she is now dedicating much of her time to helping other creative entrepreneurs achieve their full potential and run successful businesses doing what they love. 

The power of this conversation is that Kate has navigated real highs and real lows in her business. Kate explains how the highs came about via the power of yes, and the mindset tools she needed to navigate the lows and make huge decisions about the direction of her business.

There is so much to take away and I am sure you will be inspired after listening. 

Listen in to hear Kate share:

  • An introduction to herself and her business (01:25)
  • Why she set up The Makery to run craft workshops (03:31)
  • Getting a book deal (05:25)
  • Being on Dragon’s Den (05:41)
  • Getting a licensing deal for her products and kits (06:32)
  • When things go wrong (07:44)
  • Pivoting the business online after the pandemic (10:02)
  • The realisation that she didn’t need physical premises to run the business (10:58)
  • What to do when a major source of income disappears (12:51)
  • How to mentally deal with challenges and setbacks in business (15:52)
  • Creating products with a licensing deal (17:07)
  • The power of saying yes (26:31)
  • Why she stopped selling physical kits (27:38)
  • How she moved into consultancy and running a team who teach crafting all over the country (28:48)
  • Her number one piece of advice for product creators (37:30)

USEFUL RESOURCES:

Makery Kate Website

Makery Kate Instagram

Makery Kate Facebook

Makery Kate Youtube

Kate Smith Linked In

LET’S CONNECT

Join my free Facebook group for product makers and creators

Find me on Instagram

Work with me 

Buy My Book: Bring Your Product Idea To Life


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Transcripts

Vicki Weinberg:

Welcome to the Bring Your Product Idea to Life podcast.

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This is the podcast for you if

you're getting started selling

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products, or if you'd like to

create your own product to sell.

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I'm Vicki Weinberg, a product

creation coach and Amazon expert.

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Every week I share friendly, practical

advice, as well as inspirational

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stories from small businesses.

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Let's get started.

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Hi, today on the podcast, I'm talking

to Kate Smith from The Makery.

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Kate set up The Makery in 2009 on a

mission to teach the world how to craft.

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Fast forward 14 years, two books,

a Dragon's Den appearance, an

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internationally distributed product range,

and nearly 150, 000 customers having

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attended her craft workshops and events.

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Kate is now dedicating much of

her time to helping other creative

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entrepreneurs achieve their full

potential and run successful

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businesses doing what they love.

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So, we had a fascinating

conversation, as you can probably

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guess from that brief intro.

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Kate, um, has done a lot in the

past, or I can't really think how

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many years that is, but in the past

couple of years, she's done a lot.

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She has a lot to share with us, um,

a lot she's learned, and we also talk

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about what she's doing now to support

other entrepreneurs, and particularly

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those in creative businesses.

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So I would love now to

introduce you to Kate.

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So hi Kate, thank you

so much for being here.

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Kate Smith: It's my pleasure,

thank you for having me.

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Vicki Weinberg: Can we start with

you please give an introduction to

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yourself, your business and what

you're doing right now and then

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we'll go backwards from there.

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Kate Smith: Sure, um, so my name is Kate

th and I set up The Makery in:

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I'm kind of on a mission to teach as many

people how to craft as I possibly could.

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Um, what I'm doing now is after lots

of things in between, um, there's three

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pillars really to my business now.

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So the first thing I spend a lot

of my time doing is consultancy.

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So I help large, usually quite large

creative businesses, um, achieve

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whatever goals they want to achieve.

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So whether it's supporting them

with marketing and their teams,

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whether it's working on PR, whether

it's helping them do a lot around

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education, um, all sorts of things.

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And that's the great thing because I've

had my own business for quite a long time.

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I can be quite agile with

what I help them with.

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So that's great fun.

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Um, I also have a really large, wonderful

team of my I think we're up to about

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56 now, all amazing crafters dotted

all over the country, and we host lots

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of creative workshops and events and

team building and things like that.

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Um, anything from working, doing kind

of creative workshops in retail to

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hosting team building activities for

all sorts of different companies.

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So that's brilliant as well.

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And then I also work with lots of small

creative entrepreneurial businesses,

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um, and do similarly to what I do with

large businesses, but basically just

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help them build, um, you know, gain

success through doing what they love.

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So whether that's, um, one to one

coaching, um, or I also have like

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a six week course that I wrote and

launched two to three times a year

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to try and help as many people as

possible, um, yeah, progress their

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businesses and, and enjoy success.

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Vicki Weinberg: Oh, thank you

so much for that introduction.

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And yeah, you, you

definitely do a lot, Kate.

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And the reason I, I specifically

said, talk about what you do now

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is because you do such a lot.

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And I know you've had a really

interesting journey since:

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And there's been a lot that

you've done during that time.

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Some of which of course you've

built on and some of which, um,

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I guess you're not doing anymore.

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So do you want to talk a little

bit about this, about the makery

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and the store and the story of it?

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Because I think it's

genuinely really interesting.

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Kate Smith: Um, well, I was working in,

uh, like film, media, TV, advertising,

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things like that, um, in London

and I loved it, but I just always

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thought I had my own business in me.

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So, um, went traveling for a bit, did

lots of brainstorming and everything

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just kept coming back to the fact that

I love, I've always loved crafting and

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I wanted to teach as many other people

how powerful that can be as well.

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Um, so moved out of Bath, moved

out to Bath out of London, um,

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and just set up the makery.

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Um, yeah, in 2009, crazy, like about a

few months after we got married and I

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think we got the keys to the business.

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Uh, about 10 weeks before our first child

was born, which is soft in the case of

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people who are in their own businesses.

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You do everything all at once.

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Um, so it was crazy

time, but very exciting.

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Um, yeah, so opened up Makery,

um, had like launched the website

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and just wanted to teach people.

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So I was running workshops and, um, a

lot, quite a lot of hen parties as well.

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And it was great fun.

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Um, I did a lot of work on my kind of

brand vision at the very beginning.

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So it was really, really important

to me that I felt, um, current and

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relevant to quite a mainstream audience.

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I never wanted to be, um, to just appeal

to crafters and people who, I wanted to

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just teach as many people as I could.

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So I worked really hard to

appeal to a broad audience.

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Um, and thankfully that work paid off.

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So things happened really quickly.

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Uh, I think the first thing that happened

was we got, um, a book deal with a

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really lovely high profile publisher.

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So that was like a dream come true.

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So I wrote my first crafty book.

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Um, and then before that was published,

um, we got a phone call from the BBC

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asking if we wanted to be on Dragon's Den.

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And I was just at that point

saying yes to everything.

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So said yes to that.

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Because I thought that would be

incredible PR, um, which it was.

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So that was a big thing.

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And then I think the night after that

got published, um, was on TV, the first

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book got launched, which was funny.

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So that just sold out on Amazon,

which was a bit of a surprise.

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My web company told me off for

not warning them about that.

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Um, and then off the back of that.

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Um, we didn't get

investment, which was fine.

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We didn't particularly go for investment,

um, on Dragon's Den, but we got a lot

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of phone calls after that from companies

wanting to invest or just work with us.

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So we ended up, um, signing a licensing

deal with a company who we worked

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with for quite a few years, making

a range of Makery kits and products.

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That was amazing.

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Again, a lovely dream come true.

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Um, and they had amazing distribution.

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So our products were all over the place.

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So that was brilliant.

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Um, and throughout all of this time,

I was kind of growing the business

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as well, kind of on the ground.

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So we moved premises a couple of times.

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We also opened a shop.

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Um, we were doing a lot of hen

parties as well as the workshops.

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So we, um, had a really large premises

in the center of Bath and we'd also

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started working with other retailers.

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So we're working with John Lewis

in London and nationally hosting

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workshops with them in their space.

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Um, Yeah.

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So it just kind of grew and grew.

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And then we started doing quite

a lot of B2B stuff as well.

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So we were doing workshops and

events, not just for people,

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but also for businesses as well.

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Um, yeah, that's kind

of, that all happened.

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Um.

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Yeah.

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Vicki Weinberg: Take a breath

now because that's, that's a lot.

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You've done so much, Kate.

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Um, and that's, that's why I

think your story is so interesting

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because I think, you know, since

:

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I think it's just really useful

for people to hear that businesses

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can evolve and change and you

can grow on what you've done.

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You can also leave things behind

if you decide they're not working.

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Kate Smith: Exactly.

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So, so to be honest, it, all, everything

that I did was customer facing was relied

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on people being in front of people.

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So when COVID happened,

everything changed for us.

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Um, there was another big thing that

happened actually prior to that.

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So actually Brexit had quite a big impact

on the business as well, which I could

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maybe talk about in a little while,

but COVID was obviously the big thing.

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So all of a sudden, all of our

activity, pretty much was just

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ground to a very, very quick halt.

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Um, and that actually has, I

was, I was deliberating whether

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to talk about this with you.

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I don't know if I've mentioned it to you

before, but, um, I so we had issues with

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an old big building that we'd had, which

I'm definitely not going to go into.

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But ultimately, um, we were asked to

cover some money for that old building.

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And I was just like, well, no,

we can't afford to do that.

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Like all my businesses stops.

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I'm trying to pivot.

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So we ended up liquidating the

old business, which is something

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that was really terrifying.

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And really, I felt like a

huge failure at the time.

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I was like, oh my gosh, what

it's all been for nothing.

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Um, and I went through a small, short

period of, I guess it was grief really.

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Um, but actually it was, it's made me so

much stronger and I have learned so much

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from that experience and it's all fine.

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And I picked myself up and rebuilt it

again, not from scratch because I'd

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already done loads of the work, but

I was really reassured by everybody.

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I was working with this.

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They were like, we're not

working with that business.

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We're working with you and we

want to continue to work with you.

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And it was really amazing.

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And so I wanted to mention that because

often you think you're faced with such

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challenges and you're working on your own

and you, um, is your, you can be quick

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to feel like you've just done something

awful, but actually, honestly, it was

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a really, really amazing experience in

hindsight and it's given me so much.

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So, um, so yeah, so as a result

of COVID, I completely pivoted the

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business and then I went online really.

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And then since then I've built it up

again with the three channels that

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I talked about at the beginning,

and that's where I am now.

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So it's changed massively over the years.

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Um, yeah, but it all feels like it's

been the right thing at the right time.

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It's funny.

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Vicki Weinberg: Am I right in

thinking that you don't have

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any physical premises now?

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Is that correct?

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Kate Smith: Yeah, that's right.

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So I just have my office here at home

in the garden, and then I do have

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another office where I store the...

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boxes and boxes of stuff that

we need to carry out what we do.

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Um, and then everything with

all the teams is done online.

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We, I feel very close to them.

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It's weird.

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Some of them I've still probably not

even met, even though I feel like

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they're some of my best friends.

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It's really funny, but that's, I guess,

a legacy of COVID as well, isn't it?

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Like everybody's very comfortable

talking on video calls and things.

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So yeah, no, no physical premises now.

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Vicki Weinberg: Was that a result of

COVID or had that happened prior to that?

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Kate Smith: Actually, it's funny.

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So it had kind of happened

prior to that, really.

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Um, so I was paying all this

money, ridiculous amounts of

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money for these premises in Bath.

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And it's a really, it's, it's, um, it's

quite a heavy weight to bear, especially

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when you're in a, you know, UNESCO

city and all the buildings are listed.

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And, um, and it was very, very expensive.

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And I was.

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Also, at the same time, hosting workshops

in John Lewis on Oxford Street and not

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paying any rent and thinking, oh, hang

on a minute, I need to think about

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this in a bit more of a clever way.

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Retailers are really desperate to drive

people, the right people into store

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to spend time and have an experience.

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And whilst they're there, they always

spend more money on other things because

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they're having a really nice time.

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So I, um, walked away from all the

premises and I just started working with

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retailers, um, all around the country

and all different sorts of businesses

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and just helping them and helping me.

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And it's, yeah, so, so that's how we've

operated since, or golly, I don't know

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when, probably about 2018, I think.

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Yeah.

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Vicki Weinberg: That was

actually quite good timing then.

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Kate Smith: Oh yeah.

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Tell me about it.

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I know.

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Vicki Weinberg: I guess otherwise

you could have been in position,

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perhaps paying rent on a building

that you couldn't use for.

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Kate Smith: Yeah.

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No, we, we, something dramatic

would have had to have happened.

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So yeah, you know, as long

as you work hard and you're

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sensible and do your research.

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I do, I'm a firm believer that

things work out for the best.

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Um, you know.

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Yeah.

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Yeah.

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Vicki Weinberg: Before we move on,

let's talk about the other challenge you

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touched on a moment ago, which is Brexit.

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So let's um, let's get all

the challenges out of the way.

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Kate Smith: Yeah.

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So that was, um, so up until then, 2016,

most of our income was hen parties.

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Um, so we had this big, like five story

building in the center of Bath and

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we were hosting loads of workshops.

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We also had a licensing deal, so we

had income from our product range,

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um, and various other little things

as well, but the bulk was hen party.

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So we were doing, I think we

were turning over up to like £30,

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000 a month just in hen parties.

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So it was really good, of course, busy.

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Um, and then all of a sudden Brexit

happened and I hadn't thought about

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this at all, but people just stopped

making big, important life decisions.

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Things came to a bit of a standstill

in kind of wedding y hen party

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type, or they stopped spending

money on those kinds of experiences.

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And it just pretty much stopped

dead, which was a real shock to me.

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So I always knew that I needed to not

rely just on one channel for the business.

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And I tried to spread things out as much

as I could, but hen parties was definitely

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the, um, the main source of income.

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So for that to stop all of

a sudden was quite scary.

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Um, and we did pivot, we

did change and it was okay.

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Um, and actually, do you know what?

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Doing hen parties was probably my least

favorite aspect of what we did as well.

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I mean, I did love it.

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It was really great because you

had people come in and they weren't

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expecting to learn a new crafty skill

and they go away really delighted,

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but it wasn't the same experience

as having somebody coming in really,

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really wanting to learn a new skill.

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You know.

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It was a different experience.

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Um, so yeah, so when that went from

about up to about 30, 000 pounds a

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month down to, I think, an average

of four, I was like, whoa, the

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reason I've got this huge building

is to accommodate all of these hens.

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What am I going to do?

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So that's the reason we left

the building and we started

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to change the business model.

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Um, because this unexpected thing

happened to the nation and it

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actually affected us as well.

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It was funny.

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Like, yeah, it was, it was

scary, but it was okay.

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Because we had other pillars to build on.

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So yeah, I'd say they've been the

two biggest, um, shocks to us.

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Vicki Weinberg: Well, thank

you for sharing those.

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And the reason I wanted to ask that, um,

really generally, thank you for sharing,

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is just to kind of reiterate what we were

saying before that, that especially the

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longer you're in business, I think the

more likely you are to come up against

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things that challenge you or kind of

set you off on a different course.

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Um, and it's really interesting to hear

how you've overcome that and how your

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business has changed as a result of that.

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And I think that's really reassuring.

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And actually I say the longer you're

in business, I guess, you know, for

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lots of us, it happens sooner as well.

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Um, you can't really tell

when these things are coming.

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Kate Smith: Yeah, I mean, I am.

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Um, and I know that a lot of what if

you're entrepreneurial, you're kind of

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that way inclined as anyway, you kind

of, you'll want your solution driven.

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So you'll want to find a way around

a problem that you're faced with.

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Um, and I do relish that sometimes, but

obviously, if it's a really huge issue,

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then it takes a bit more out of you, but I

honestly, every single time something like

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that has happened to me or the business,

I have, you, that's the best way to learn.

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If you're out so far of your comfort zone

and you're pushed to the very limits.

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It's, it's a learning experience like

no other, you know, no one wants to

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really just kind of plod on and do

the same thing day in day out and

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not push themselves and not learn

and not expand what they're doing.

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And, and it's not fun at the

time when these challenges

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happen, but, um, oh my goodness.

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Yeah.

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I'm, I'm so much stronger and I'm

better at what I do, I think now and

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more able to work with other people

because we've definitely, I've been

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very, very low at times when these

things have happened and you know, yeah.

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Vicki Weinberg: Well thank

you for sharing all of that.

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And I'd like to change the subject

slightly if that's okay, talk a

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little bit about your craft kits

because you mentioned those earlier.

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Um, so obviously that was a, they, they're

a physical product that you were selling.

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Um, do you want to tell us a little

bit about how they came about?

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Kate Smith: Yeah.

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So it was kind of a natural

progression, really.

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Um, I had a shop and I was

teaching people how to craft.

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So I was like, I should make kits

so that I can sell those in the shop

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that people can purchase as well.

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So I started doing it myself,

literally on the kitchen table.

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I've got visions of having a little

production line set up on the kitchen

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table, putting the kits together.

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And then we got the phone call

from Dragon's Den asking to go on.

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And I was like, oh, perfect.

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I can go on with the kits and say,

and that, that would be a really nice,

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neat thing to ask for investment for.

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And actually it would, it's valid as well.

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I'd love for these kits to

be sold all over the place.

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So it was really nice timing.

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Um, so I went on with these kits.

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They looked lovely.

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A designer friend of ours put these

really nice packages together.

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Um, so I think we had a range of

about six or something and we were

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selling them in the shop, but it

was all very much done in house.

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Um, yes, we went on Dragon's Den,

which is literally one of the most

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terrifying experiences of my whole life.

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Um, but great as well.

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Um, and they, yeah, so we were talking

about the kits and it was really lovely.

333

:

And then it literally, the

Monday after that was on air.

334

:

Yeah.

335

:

The phone just didn't stop ringing.

336

:

It was really exciting.

337

:

And lots of people just asking

if they could work with us.

338

:

And one of the companies was a

really lovely company local to us.

339

:

They were just on the same

street actually, although

340

:

I didn't really know them.

341

:

Um, and so we decided to go with them.

342

:

And the reason we went with them was

because what I talked about earlier

343

:

with having a really strong, strong

direction and vision for the brand and

344

:

knowing that I wanted my kids to be in

John Lewis and anthropology and garden

345

:

centers and all different sorts of places.

346

:

I didn't want them just to be in, you

know, Kate's crafty craft shop, wherever,

347

:

you know, I wanted them to be mainstream.

348

:

Um, and I wanted to try and get as many

people to love crafting as much as I do.

349

:

So that's the reason I went with this

company, which was called, I don't

350

:

think they exist anymore, but they

were called wild and wealth because

351

:

they were very much design led.

352

:

So everything that they worked

from looked beautiful and they had

353

:

incredible distribution as well.

354

:

So it meant that they could

quite easily get our kits into

355

:

all the right types of places.

356

:

So it was a really good way of going

about things because they had all this

357

:

amazing expertise and infrastructure

to put these kits together for us.

358

:

And we, um, and it was a licensing deal.

359

:

So we got royalties for every

single kit that they sold.

360

:

And because their volumes were big.

361

:

Um, I don't know how many retailers

they sold the kits in, but it

362

:

was thousands internationally.

363

:

Um, it meant that it was a really

good way of us achieving that goal.

364

:

Um, yeah, it was brilliant.

365

:

It was really good fun.

366

:

Um, and it didn't last forever.

367

:

Like it was probably lasted

about five or six years, I think.

368

:

Um, But that felt right.

369

:

It felt like the right time to stop that.

370

:

We'd kind of got the kits out there then.

371

:

And yeah, it was, it was great.

372

:

Vicki Weinberg: Yeah.

373

:

And that's really interesting.

374

:

It's a really interesting way.

375

:

So what these companies say, they,

do they put their, I'm trying to work

376

:

out what you would even call them.

377

:

So did they, they put the kits together?

378

:

And.

379

:

Kate Smith: Yeah, so they worked with,

so we were the only kind of unknown

380

:

brand that they worked with really.

381

:

So usually, let me try and think.

382

:

So they worked with like Orla Kieley

and um, like Scrabble, I think maybe

383

:

Paddington, like very big brands.

384

:

Um, and they would design and

make the products that you sell.

385

:

The v n a, that was a nice

one that they worked with.

386

:

The products that, those brands, that

had, that tho those brands, you know,

387

:

images or branding on or whatever.

388

:

Um, and so they, I think we were helped by

the fact that we were on the same street

389

:

as them and that we had, um, this vision.

390

:

We already had a really nice,

really nice brand guidelines.

391

:

The logo is really lovely.

392

:

It was really fun and there

was definitely an appetite.

393

:

So that was, that was

probably in like:

394

:

So back then crafting

wasn't as big as it is now.

395

:

It was before, certainly no sewing

bee on telly or anything like that.

396

:

It wasn't, it was, it was

more fusty than it is now.

397

:

There were slightly more, yeah, like fusty

kind of connotations just with craft.

398

:

So, um, but they could see that

there was an appetite for it.

399

:

So that's why they took

a bit of a punt on us.

400

:

Um, and we were delighted

that they did that.

401

:

So yeah, so what they did

was I would work with them.

402

:

So I would come up with ideas of

kits that I thought would do well.

403

:

Um, and it wasn't just kits.

404

:

It was things like our own branded pots of

pins and buttons and sewing scissors and

405

:

ribbons and on these lovely wooden spools

with like our logo burnt into the top.

406

:

It was really nice stuff.

407

:

Um, so I would come up with ideas around

products that I think would do well.

408

:

They would put that through their

department of, um, you know, product

409

:

experts and see if what they agreed that

they could put a range together for.

410

:

So there was usually like a bit

of a theme with each launch.

411

:

Um, and then so whether it was more

kind of like making your own fashion

412

:

accessories one time, whatever.

413

:

Um, and then they would obviously

do all the work with their factories

414

:

and find out if they could get

all of this, the supplies for

415

:

it, then they would design it.

416

:

So I had sign off on

absolutely everything.

417

:

It was so exciting.

418

:

So every week I'd get like a new

box with maybe different colours

419

:

of ribbon, sign off and things.

420

:

So I just got all the fun jobs.

421

:

Um, and they did all the work using all

of their, all of their infrastructure.

422

:

And then, um, yeah.

423

:

And then they'd launch them and

we'd start getting royalty checks.

424

:

So it worked really, really well for us.

425

:

Doesn't work for everybody with that

way, but it, I was really, it really

426

:

delighted with how that deal worked out.

427

:

It was brilliant.

428

:

Yeah.

429

:

It got us a lot of exposure as well.

430

:

It kind of pushed us onto the next level

because the distribution was so good.

431

:

We were, we were in a lot of places.

432

:

Vicki Weinberg: That was a licensing deal.

433

:

Is that correct?

434

:

Kate Smith: Yes, exactly right.

435

:

Yeah.

436

:

Yeah.

437

:

I get, I forget who's the

licensee and who's the licensor,

438

:

but we are one or the other.

439

:

And they're the other one.

440

:

Vicki Weinberg: That's really interesting

though, because I haven't spoken

441

:

to anyone who's, he's, who launched

a product in that way, so that's

442

:

really interesting to hear about.

443

:

Kate Smith: It was, to be honest,

it was the only way that, we'd never

444

:

have been able to achieve that scale.

445

:

So the amount of money that was

tied up in stock, we couldn't

446

:

have spent that kind of money.

447

:

Um, whereas they did, they had that clout.

448

:

Um, and also the di the economies of

scale with them purchasing and the

449

:

volumes that they were purchasing meant

that the price points were much better.

450

:

So, um, I could never, I, I'd have

carried on doing the kits and I might

451

:

have managed to brand up some little

pots of pins and things, but it would

452

:

have never have been as profitable and

as large scale as it was with them.

453

:

Vicki Weinberg: Yeah, that makes sense.

454

:

When you were talking about some of the

items, I was thinking, so things like

455

:

the ribbon and pins and things like

that, I don't know what the margins are

456

:

like, but I imagine if you're sourcing

as an individual that they're not going

457

:

to be great if you know, realistically.

458

:

So it sounds like because they had that

economy of scale, that everything was

459

:

just much more manageable, because I

think that there might've been products,

460

:

had you been doing this yourself

where you just said, actually, that

461

:

isn't feasible for the effort or the

money or whatever it's going to take.

462

:

Actually, that's not a feasible

product for me to sell.

463

:

So it sounds like such

a big range as well.

464

:

Kate Smith: So yeah, when you're

doing everything yourself, you have

465

:

to question every product don't you.

466

:

Is this viable?

467

:

Am I going to make money from it?

468

:

Am I spending too much money

on just making it look nice?

469

:

Yeah.

470

:

Is it, is it viable?

471

:

Yeah.

472

:

And I didn't have to make those

kinds of decisions with them.

473

:

I just decide, I just put ideas

forward as to what I thought

474

:

would work for us and for them.

475

:

And then together we came up with,

um, yeah, with, with all this range

476

:

of product, honestly, it was so like,

you know, walking into Liberty and

477

:

John Lewis and seeing this display.

478

:

Oh, I cried so much.

479

:

So many times when I'd go in and

see things, it was really exciting.

480

:

Really exciting.

481

:

Vicki Weinberg: Yeah.

482

:

Amazing.

483

:

I can totally understand.

484

:

I think that's, yeah.

485

:

Yeah.

486

:

That is really exciting.

487

:

And Yeah.

488

:

I think it's amazing that, um, how lucky,

you know, that, not lucky, but it's not

489

:

fortuitous that, you know, you said yes

to the opportunities that came your way

490

:

that then put you in front of people that

then led to this company contacting you.

491

:

Because you would speak early

about saying yes to everything.

492

:

And then I think this is an example where

I guess all those yeses led up to this.

493

:

Kate Smith: Yeah, that was very much

my mindset at the beginning was I just

494

:

said yes to everything and there were

plenty of things that I said yes to

495

:

that I really shouldn't have done,

but I learned quite quickly what was,

496

:

well, not every time, but what sounded

like a better proposition than others.

497

:

Yeah.

498

:

It's funny, but it's, but thinking about

that, so that, so, you know, if you've got

499

:

somebody who hadn't, whose brand values

are in handmade goods, isn't that kind

500

:

of licensing sale is never going to work.

501

:

Whereas for me, it wasn't about,

it was just, I just wanted to get

502

:

as many people making as possible

and as many people experiencing

503

:

the joy of making things yourself.

504

:

So that was the way for me to do it.

505

:

So it's not right for

everybody, but, um, yeah.

506

:

It's maybe an option that people don't

think about, but it is sometimes worth it.

507

:

Vicki Weinberg: I think you're right.

508

:

And it's about knowing, as you say,

coming back to your brand values and

509

:

knowing what you're trying to achieve.

510

:

Kate Smith: Yeah, exactly right.

511

:

Yeah.

512

:

So, yeah.

513

:

Vicki Weinberg: Are you selling any kits

at the moment or did that completely stop?

514

:

Kate Smith: No, that stopped.

515

:

You, the odds, every now and then I do

a little, like, because I don't have

516

:

copies of every single thing that we did.

517

:

And sometimes I think, oh, that's sad,

I'd like one of those, you know, to give

518

:

to my grandchildren one day or whatever.

519

:

It's very crafty.

520

:

Um, so every now and then I'll

do a little search on eBay

521

:

and find something and get it.

522

:

It's so funny.

523

:

But, um, no, we don't sell

any, I don't do any product,

524

:

retail product stuff now at all.

525

:

Actually, it's all service

driven completely for now.

526

:

You never know.

527

:

Vicki Weinberg: No, you never, and I get

the feeling that yeah, things will evolve.

528

:

And if I speak to you again in a couple of

years, I'm sure things will have changed.

529

:

So that leads on really nicely then.

530

:

So let's talk a little bit about how

you're using all of this experience and

531

:

everything that you've done over the years

to support other creative businesses.

532

:

Kate Smith: Yeah, that it's been

a real, that happened after COVID.

533

:

And, um, I didn't realize, so I didn't,

I was a bit bruised by everything

534

:

that happened during COVID and I

didn't, it was important that I just,

535

:

I took a slightly different tack.

536

:

Um, and I started getting a

few phone calls and emails from

537

:

people that I'd worked with.

538

:

So a lot of people had come, like most

of my team over the years, over those,

539

:

I don't know, 14 years, whatever, have

been people who, um, like making their

540

:

own products or, you know, they've got

creative businesses or side hustles or

541

:

whatever size they might be as well.

542

:

And they'd come and maybe teach

workshops for me, um, or work

543

:

in the shop or do whatever.

544

:

So after COVID, I started getting

phone calls and emails from those types

545

:

of people saying, oh, can you help?

546

:

I just feel a bit like I need some

guidance and you, you're further along

547

:

on the path than what maybe I am.

548

:

Um, and I was like, yeah,

of course I can help.

549

:

I would love to help you.

550

:

And so I realized really quickly

how much joy that now brought me.

551

:

So I, I'd kind of, um, achieved and

certainly haven't finished achieving,

552

:

but teaching people how to make things.

553

:

And now I still do that,

but through the team.

554

:

So I've got the wonderful team

who teach people craft all

555

:

over the country every week.

556

:

Um, but I did feel like I needed

something different myself and that

557

:

definitely came to me by helping

other creative entrepreneurs, usually

558

:

female, but not always, um, grow

their own creative businesses as well.

559

:

And, um, yeah, I, I've

become a bit addicted to it.

560

:

Actually.

561

:

I love it.

562

:

So I do a bit of one to one stuff with

people now and then, um, well, most weeks.

563

:

Um, and then I also have got a course.

564

:

So I went on, um, really incredible small

business course about seven years ago,

565

:

run by Goldman Sachs, um, which was a

really, really great experience for me.

566

:

And it gave me a lot of confidence

because I just always used to think,

567

:

oh, people just probably imagine that

I play with glitter all day long.

568

:

And I definitely don't.

569

:

Like I'm generally behind my computer

and, you know, spreadsheets and whatever.

570

:

Um, And, and that made me realize that

my business was just as, um, important

571

:

as all of their more serious businesses,

ist' what I thought of them as in my head.

572

:

And so I, um, I thought, you know what,

I could help so many people who might be

573

:

feeling like that as well with all the

experience, all the ups, all the downs,

574

:

all the wins, all the losses, um, and just

helped kind of steer them on their way.

575

:

So yeah, I wrote a course as well.

576

:

So six week course helping, um,

small businesses, just giving them

577

:

confidence, getting more clarity

around their branding, around their

578

:

marketing, maybe what they're working on.

579

:

Um, and just being a nice pair of ears

or a sounding board for them to bounce

580

:

ideas off because it can be so isolating

working on your own and not having

581

:

somebody be your cheerleader or help

motivate you or answer to, you know.

582

:

Um, so that's kind of how that works

really, which is just, I just love it.

583

:

I love it so much.

584

:

Um, and that's, that's what

really motivates me now.

585

:

So I still love doing all the

other bits of the business too, but

586

:

that's what brings me the most joy.

587

:

Seeing other, seeing all of these

lessons that I've learned maybe help

588

:

some other people gain success as well.

589

:

It's really so rewarding.

590

:

Vicki Weinberg: Is that creative

businesses you're working with?

591

:

Kate Smith: They're pretty

much all, yeah, they are.

592

:

They're not all crafty.

593

:

They are mostly crafty, but

there's a couple of other

594

:

types, but they're all creative.

595

:

So, um, for example, there's a business

that, um, sells secondhand children's

596

:

clothes and they are, they happen

to be extremely creative people.

597

:

So they go about their business

in a very creative way.

598

:

And our brains are quite similar.

599

:

Um, and where, but, but most of the

business are creative in some way.

600

:

So whether it is, oh, golly, all

sorts, people who make things to sell,

601

:

people who host workshops of their

own, people have like, um, online,

602

:

uh, crafty retail spaces, um, content

creator, all sorts of different people.

603

:

Vicki Weinberg: Oh,

that's really interesting.

604

:

Yeah, it's great.

605

:

I had thought initially that you

were going to say it was mostly

606

:

crafters, maybe people who are crafting

and then selling their products.

607

:

It's really interesting to hear like

the breadth of creative businesses.

608

:

Kate Smith: Yeah.

609

:

Yeah, I don't, uh, so what I usually do,

so certainly with the one to one stuff

610

:

is we have a conversation, a lengthy

conversation, first of all, so that, um, I

611

:

can understand exactly what direction they

feel like they want to go in and what,

612

:

where, how they've got to where they are.

613

:

And then vice versa, they'll almost

be sort of interviewing me really.

614

:

And if they feel like I'm the

right person for them to work with.

615

:

So, and usually it's right because

otherwise I think people, if you're

616

:

out there online, chatting on

Instagram or whatever, they feel like

617

:

they kind of know you a little bit.

618

:

So I don't think they'd come to me if

they didn't think we could work together.

619

:

Um, but with the course.

620

:

I don't know, obviously, um, when they,

they'll sign up and I don't know at the

621

:

very beginning what types of business

they are, but it has turned out to be,

622

:

yeah, quite, there's always a link.

623

:

It's always creative people.

624

:

And there's always, there's usually

some kind of link back to craft

625

:

in some way, but that can take

quite a few different guises.

626

:

It's interesting.

627

:

Vicki Weinberg: That's interesting.

628

:

And I'd love to just get a

little bit of advice on you if

629

:

that's okay, Kate, to finish.

630

:

Um, and I know that there's

probably so much you could say here.

631

:

Um, so, you know, you can, you can share

as little, as much as you want, but what's

632

:

some advice that you would have for other

creative business owners based on, you

633

:

know, you've had so much experience with

running creative businesses with products.

634

:

So I know it's a really wide question.

635

:

So I'm going to, I'm going to

leave it to you with what you'd

636

:

like to share, like the key things

you'd like people to take away.

637

:

Kate Smith: Yeah.

638

:

Well, I did, I did think long

and hard about the best nugget

639

:

that I felt I could share.

640

:

And it's funny, it would probably

be different if you asked me next

641

:

week to what it is this week.

642

:

You know, it's funny what's going

on at the moment in your life.

643

:

But, um, I think it's something that

I've spoken about quite a lot today.

644

:

And that, so especially if you're

creative, you will never be short of ideas

645

:

and you'll always think of new things

that you would like to create or chase.

646

:

Um, and I think there's two lessons there.

647

:

So firstly, it is of vital importance

that you, um, don't just have

648

:

one pillar, but don't just rely

on one thing in your business.

649

:

You've got to have multiple.

650

:

So I think of it like, say if it was

a table, the table would be really,

651

:

really wobbly if it just had one leg.

652

:

And if that leg fell down, it

would just fall over straight away.

653

:

If it had two legs, or it's still

going to be really, really wobbly.

654

:

You've got three.

655

:

Okay.

656

:

We've got a bit of stability here.

657

:

Um, if you've got four, great.

658

:

And you don't want too many.

659

:

I think four is nice.

660

:

Um, I've got kind of, I

actually do have four.

661

:

One, the fourth one is quite

small, but it's still there and

662

:

I could grow it if I needed to.

663

:

But, um, as long as you've got multiple

pillars propping your business up, if

664

:

something goes wrong that you're not

expecting, and that might be something

665

:

like cost material, cost of materials

suddenly shoots up unexpectedly, or, um, I

666

:

don't know the subscription or the fees on

some kind of something that you subscribe

667

:

to suddenly goes up hugely, or it might

be something like Brexit or COVID.

668

:

Um, but if you've got multiple pillars,

your chance of evolving and pivoting

669

:

and survival is so much greater.

670

:

So, um, so it's really, really

important to just not rely on one thing.

671

:

And also like at the

beginning, I think I was.

672

:

It was going really well from the start.

673

:

So I got to, I was probably quite,

um, complacent right at the start.

674

:

I thought, oh, oh no, it's fine.

675

:

We're going to be fine.

676

:

And, um, but no, anything could

happen and you just never know.

677

:

So that's the first thing, but also.

678

:

So make sure that each of

those pillars is viable.

679

:

So again, it's stuff that

we've talked about today.

680

:

So do your research.

681

:

Is there an appetite for it?

682

:

Is it something that is going to drain

your resources in terms of your time,

683

:

which is your most valuable resource,

um, and, and leave you with no profit at

684

:

the end of it, or is it something that

you can, um, you can make viable and you

685

:

can make profitable and you're going,

and it's going, you know, it's going to

686

:

grow and be of interest to your audience.

687

:

So just make sure you do that

research at the start before you've

688

:

maybe worn yourself out making

something and invested in something.

689

:

Um, uh, so yeah, so multiple

pillars . And make sure they're

690

:

all, you can trust them all.

691

:

That's my best advice for today.

692

:

Vicki Weinberg: That's really good advice.

693

:

Thank you.

694

:

And I'm sure that advice you'd

have tomorrow would be really good

695

:

as well, because you're right.

696

:

I think what I, I feel this most people

I speak to, I think depending what's

697

:

going on in your life and your business

now, that's kind of what comes up.

698

:

Kate Smith: Yeah.

699

:

I do.

700

:

It's funny.

701

:

It's always, yes, you're

influenced by everything going

702

:

on around you, aren't you?

703

:

Or what might have happened, a

win or a loss that might have

704

:

happened that day or whatever.

705

:

Um, but yeah, that's today's advice.

706

:

Vicki Weinberg: That's really good advice.

707

:

Thank you so much, Kate.

708

:

And thank you for

everything you've shared.

709

:

Kate Smith: Oh, thank you.

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It's lovely chatting to you.

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Hopefully, um, people find it useful

and enjoy the story a little bit.

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Vicki Weinberg: I'm sure they will.

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Thank you.

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Kate Smith: Pleasure.

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Vicki Weinberg: Thank you

so much for listening right

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to the end of this episode.

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Do remember that you can get the

full back catalogue and lots of free

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resources on my website vickiweinberg.

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com.

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Please do remember to rate and review

this episode if you've enjoyed it

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and also share it with a friend

who you think might find it useful.

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Thank you again and see you next week.

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