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
He retired after an exit; now this govtech veteran is back in a CFO role for KC-scaled PayIt
As Kansas City-built PayIt scales across North America, a new financial leader is expected to help guide the company in its game-changing efforts to help government agencies modernize, serve their residents, and improve operating efficiency. Steve Kovzan, a nearly 30-year veteran of leadership across government technology and finance spaces, is now chief financial officer at…
KC govtech startup: You shouldn’t have to know how local government works to get answers (or make impact)
Even a ripple can make waves, said Mitch Mabrey, an exited cleantech founder whose new cause finds him on a mission to ensure that the voices of residents from all walks of life are more broadly heard — and answered — by their government officials. Resonus, his Kansas City-based political information platform is designed to…
Indoor golf concept shoots past the rough with tech driver, hooking franchise success across US
Lenexa-based indoor golf concept GolfTRK is teeing off into the world of franchising, said Matt Williams, scoring big wins from coast to coast as demand to expand access to “golf light” soars. The modern training and performance facility — a Trackman Preferred Franchise Partner with locations in Lenexa and Overland Park — now has 11…
