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
Founders discuss tough decisions entrepreneurs face
Two founders took the stage at Kansas City’s chapter of 1 Million Cups to discuss the vast variety of tough decisions entrepreneurs face when starting and running a business. Stuart Ludlow, co-founder of RFP 365 and Sarah Shipley, co-founder of BikeWalkKC, offered insights and advice for those launching a business. Read about RFP365’s recent funding…
KC’s first innovation officer reflects on work, city’s tech future
After more than two years of service, Ashley Hand is leaving the driver’s seat of Kansas City’s innovation efforts. Hand, who soon will be departing as Kansas City’s chief innovation officer, was tasked with implementing innovative strategies to improve how city government can better serve Kansas Citians. The city will be accepting applications for the…
KC virtual reality firm partners with KU, NFL coaches
A Kansas City-based virtual reality company hopes some marquee partnerships will plug it into a market projected to reach $150 billion in five years. Founded in 2013, Eon Sports VR recently landed the University of Kansas football team as a client for its mobile virtual reality platform to help players train without the risk of…
Former Sprint COO LeMay dishes on KC capital, failure
There are few people in Kansas City more connected into the area’s investor, corporate and startup community than FarmLink CEO Ron LeMay. Also now managing director of Kansas City-based OpenAir Equity Partners, LeMay frequently sees the successes and failures of the metro area’s capital landscape. The former Sprint COO recently spoke with dozens of Kansas…
