My name is Katherine Slack and a few weeks ago my 9 year old son Michael asked me, while at our local bank, when he could take his money out of savings. I told him that when he turned 18 since he is saving to buy his first car or put money towards renting his first apartment. He told me he wanted to buy a house and not rent an apartment. I told him he needed about 60-70 thousand dollars to do that and his reply was “Well, then I better start my own business now”.
Within a few hours of coming back home Michael had his plan in place and asked his grandma, Tamara, if she would like to join him on his new business venture. The venture was to make standard sized pillowcases that are fun-themed, colorful and best of all, for a goodnights sleep. From there the business name developed into “Goodnight Pillowcases”.
Just to give you some background on both Michael and Tamara please sit back with a good cup of coffee and I’ll tell you. Tamara is 60 years old and has moved in to live with us a few years ago when her health had started to fail. She has many health problems but she is not a dweller of them. She enjoys playing solitaire on the computer and also shopping online, especially for purses. She has her own sewing machine and has been sewing clothes and hemming items for years. She enjoys keeping busy and loves to be around her family all the time. Tamaras' job in the business will be to sew the pillowcases since she is an exceptional seamstress. Her back up duties will be to cut, pin and iron the fabric when necessary.
Michael is 9 years old and about to enter into 4th grade. He is a Cub Scout Webelos and enjoys playing outdoors with his friends. He also likes Minecraft online and of course, building with Legos. He uses my sewing machine for projects and is always keeping busy. He knows how to make a bobbin, sew in a straight line and his latest project was making a Superman pillow for his new bedroom. Michaels’ job in the business will be to mark, cut, pin and iron the fabric. His back up duties will be to sew the pillowcases when necessary.
One evening at dinner with friends, I was mentioning the new business idea that Michael & Tamara were about to embark upon and she told me all about Kickstarter. (Thank you Brenda D.!!!)
As Michael & Tamara’s business organizer (I am not an owner, just a volunteer and supporter), I want to make sure they have enough money for supplies to get started and be successful!! Our goal is to raise enough money to purchase the materials to begin making our store stock from beautiful fun-themed new fabrics to matching spools of thread. I haven’t been to a fabric shop in years and didn’t realize how much the price per yard is now! It will also cover the costs of buying the website domain, starting up an etsy.com store, mailing out the Kickstarter rewards and also the percentage costs by third parties related to making this project into a reality.
I figured if their business was going to soar, then I wanted them going in the right direction. So I began my research and started developing the business side of things for both of them. And here we are…from a conversation in a local bank to the child with an image of owning a business and the grandmother who is now a partner. They are ready to start working hard making fun-themed standard pillowcases to sell.
We thank you for your consideration and support in backing our project!!!
Risks and challenges
Our risks and challenges that we might face are within ourselves. What I mean by that is, since Tamara does have health issues and Michael is a minor about to start school soon I see our challenges being within the production line itself. But the great news to anyone who understands these challenges is that I, Katherine Slack, will be the back up to any challenge they face. If they need material purchased, cut out or sewn I can take it upon myself to complete all projects. Once we are fully funded we will have 27 custom order pillowcases that will be made just for our Reward Backers.
All the pillowcases produced from that point on can be done at the leisure of Tamara & Michael to stock their online etsy store. The online store will go live and “open for business” once they have over 20 completed standard Goodnight Pillowcases for sale. Due to the unique challenges of Health and School is the reason why not every Goodnight Pillowcase will be a custom order, only the 27 Reward Backers. The fabrics chosen to make the pillowcases will be hip, stylish, cool and fun!! The goal is for Michael to cut out the material for each pillowcase, measure and pin it then complete his part and iron it. During the days, once Michael is in school, Tamara will sew the pillowcases. At any given time they can reverse their roles and I can also step in to make sure production is moving along in the case of a health emergency or school workload.
- (30 days)