O’Neill-Rauber: How my business failure begot confidence
November 19, 2015 | Kate O’Neill Rauber
I recently closed a business.
Walking away, I feel a little lighter, a bit nostalgic, more confident and a lot smarter.
My business was an online clothing store called TallChicksRule.com. Great name, right?
If you know a female taller than 5’9”, you likely know the plight of tall fashionistas. I’m here to assure you: The struggle is real.
There’s this crazy misperception by clothing designers and retailers that if you’re a tall woman, you’re one of three things:
- 80-years old
- Amish
- A librarian[pullquote]“The difference between Kate today and Kate 2008 is I now have the confidence and business know-how to help them figure it out.” – Kate O’Neill Rauber[/pullquote]
Seeing how I’m none of these — though I do like to read — I knew there had to be other tall chicks that wanted fashionable clothing options. After all, our petite friends have lots of choices. Why should tall ladies be shorted?
I launched TallChicksRule in April 2008. For the next few years, I ran all aspects of the business. I negotiated with buyers and purchased inventory. Never done that before. I oversaw the company financials. Dude, I’m a public relations person — we just round. I handled all IT needs. Seems like a good time to share that I did not go to DeVry.
95 percent of the time, I had no idea how to do something or it was my first time trying. I just had to figure it out. And that’s where the confidence comes from my now closed business: I learned that I could figure it out.
TallChicksRule was not a commercial success. At one point, I owed $50,000 on a credit card. I’ll let that sink in.
(Pretty sure that day I started questioning my decision not to drink. And decided that a flask would be my next fashion accessory.)
But it was a professional success that will continue having a lasting benefit on my career.
The first 15 years of my professional life were spent in corporate PR. I can’t think of many communications positions that would have provided first-hand experiences like:
- Figuring out how to stay self-funded and digging myself out of that $50,000 hole.
- Attending the top clothing “markets” and pitching hundreds of manufacturers on the benefits of making special sizes for my clients.
- Opening a brick-and-mortar location – despite having no retail experience – while continuing to run the ecommerce site and my PR consultancy – also known as my day job.
- Learning how to navigate city, state and federal tax regulations. (Have I mentioned I’m not a mathlete?)
I now own just one business: a PR consultancy. My focus is on helping companies of all sizes tackle their communication needs. TallChicksRule didn’t lead to the early retirement I hoped, but it did make me a better consultant.
I know what my small business clients face every day because I lived it. I get that their days are full of tasks they’ve never tried. And I know how it feels to stare at a to-do list and think “How will I ever…?”
The difference between Kate today and Kate 2008 is I now have the confidence and business know-how to help them figure it out.
After all, I’ve walked in their shoes. Mine are probably just a bigger size.
Kate O’Neill Rauber is a Kansas City-based communications consultant and founder of KOR PR with expertise in strategy, media relations, executive communications, messaging, social media and more. Connect with her on Twitter at @korauber.
2015 Startups to Watch
stats here
Related Posts on Startland News
How this reality TV show helps competing entrepreneurs find their people — not just adversaries
It’s five days, 14-hour workdays, and one intense experience aimed at helping entrepreneurs sharpen their businesses. The setup for The Blox — a startup-focused reality TV competition and bootcamp — is crafted to immerse builders in the rigors of real-world business, said Weston Bergmann. Season 17 of the live-in competition show launched in June, emphasizing…
C2FO named top fintech by CNBC; leaders celebrate win, pushing toward $500B funding milestone
A Kansas City fintech’s award-winning efforts to boost working capital access for businesses across the globe not only has built trust among the world’s top enterprises, said Sandy Kemper; it’s positioned C2FO for even greater impact as it transforms the financing landscape for previously overlooked ventures. The company was honored this month as one of…
They didn’t want to go corporate; how AI gave brothers the tools to forge their own path, together
Tyler and Garrett Amundsen are using AI to help insurance brokers spend more time on relationships and less time on data, the duo shared. Inspired by conversations around their family’s Kansas City dinner table, as well as the latest tech developments, the brothers launched LightDoc in early 2023 to automate and streamline repetitive tasks that…
