Monday, October 12, 2009
The Style Spy - Erica Lam
1. Tell us what you do
Where do I start! I run the editorial arm of TheStyleSpy.com, a popular fashion/shopping blog. I work with a team of talented freelance writers, keeping women in Canada in-the-know on the hottest fashion trends, beauty must-haves and sales & deals going on around town. I’m a city expert on all things shopping. TheStyleSpy.com also hosts a monthly fashion segment onCityLights on NovusTV. I also run a marketing arm under The Style Spy Media Inc. I work with fashion retailers and shopping centres on their marketing, whether it be interactive shopping events, marketing campaigns, public relations or social media initiatives.
2. When and why did you decide to be an entrepreneur?
Just over three years ago. I had worked a few jobs post university in marketing and sales. One day I started the TheStyleSpy.com blog by suggestion of a co-worker, my concept was shopping for everyday girls. Fashion has always been reserved for the elite, I always felt that fashion should be more accessible, cause reality is, most of us don’t shop in the pages of Vogue and we do shop at chain stores and try to duplicate looks for less. Once I started the blog, it became a bit of an obsession. I thought “how could I make this a business?” – how could this passion of mine, be more then just a hobby. That was three years ago. It’s been nothing short of amazing. I honestly didn’t exactly know how I was going to make money. Sure there are advertising dollars associated with the site, but I don’t have numbers like PerezHilton.com, so I definitely had to be creative to find ways to generate revenue. I realized my strength was the loyal network of female shoppers I had built. So I started to doing events with companies likeThe Bay and Richmond Centre, driving my audience and others through social media to events and promoting their brands. I execute the events or marketing campaigns with no traditional advertising dollars – utilizing Facebook, Twitter, the Style Spy network and doing traditional public relations on behalf of my clients. It’s worked out well, with companies wanting to take chances with smaller companies and wanting to find creative ways to engage their audiences. My clients have included the aforementioned Bay, Richmond Centre, as well as Metropolis at Metrotown, the Yaletown Business Improvement Association and boutiques like Ishara, Fine Finds, Orb Clothing and Wink Beauty Lounge.
3. What was the most challenging aspect of being a woman entrepreneur from your perspective?
I’ve been very lucky in this aspect. My audience is also female, which allows me to relate and understand them well. I also work with a lot of decision makers who are female and it’s worked my advantage. They often relate to me and see me as the very demographic and market they’re trying to reach. Giving me an inside edge, cause who better to speak to an audience then someone who is part of it.
4. What is a key personal attribute you see in successful entrepreneurs?
Determination. There will be many obstacles placed in front of you. Being an entrepreneur, and a successful one at that, takes lots of hard work, perseverance, determination and a bit of luck. There will be many moments when you wonder why you are doing this, but those who succeed are those who keep going despite the hurdles. I believe the journey is also part of the story, if it were easy, everyone would be doing it.
5. Any advice you would like to give to someone contemplating a start-up?
Do your homework, always educate yourself. I read countless blogs, from fashion to tech to small business. You want to be in on the action, always in-the-know. Networking is also huge. You could spend countless hours studying something, but if you know the right people – it can take you there that much faster. Be humble. I find lots of “pseudo-entrepreneurs” get caught up in the whole excitement of being an entrepreneur and lose sight of what is really the nuts and bolts their business. It’s really about the business, not the fame of being an entrepreneur. Lastly, bootstrap it. There are lots of things I spent money on that I wish I hadn’t. At first, you just have to make do with the basics and forgo the fancy office, spend wisely.
Why be inspired?
“You did then what you knew how to do. When you knew better, you did better!” – Maya Angelou
This week I had the pleasure of interviewing many entrepreneurs. I hope you were as inspired as I was with their dedication, ambition and commitment to seeing their passion come to life. Team Design Vetica juggles both school work and professional work to make their company work. Carlos from Bloom Marketing works hard to see his company grow despite the recession, forget the norm – he is defying the norm and surpassing it. Leon at age 27 commands the largest Real Estate Channel in Canada. Brian and his team, fresh out of university has garnered worldwide attention for Followformation, a twitter solution his company created after being inspired by Jason Calanis‘ cash bid to be one of the suggested user in the sign up process on twitter. Victor and Josh from Make It Business are there to provide all the support and resources for these entrepreneurs to grow their start-ups.
The point of these interviews is to show you a glimpse into the minds of these entrepreneurs and to inspire you to think of what is possible. What is possible is the ability to achieve what you think of with some hard work. And even though, they have tripped, fell and lost countless hours of sleep (in Brian’s case and I am sure with others as well), they remain excited despite the challenges they faced and will face because they believe so strongly in their dreams. I am sure if you sit down with each of them for one-on-one time, they will share their battle stories and show you their scars. I was recently visited by my old university club, Simon Fraser chapter of Students In Free Enterprise (SIFE SFU) and many had technical questions of how to get started but I couldn’t clearly convey as to how I got started and what I needed to get started. I can only describe it as a strong need to support entrepreneurs and a strong desire to have my own freedom. That has manifested in Urban Bella, The Network Hub and Atomic Media. The challenges and the scars are part of the journey. I believe I am better for it, as any entrepreneur can attest.
I hope you come away from each interview with a renewed sense of optimism, a clearer sense of purpose and the desire to just do it, because that is all there is to get started.
Design Vetica – William, David and Alex
1. Tell us what you do.
Design Vetica is a Vancouver based interactive agency dedicated to web design and media production. With our core service being web design and development, we work with clients across all kinds of industries to aid them in staying ahead of the competition. Not only do we emphasize on businesses, we also create websites for individuals who want an online presence. In addition, within the next few months, we look forward to adding new media services offerings to what we currently provide.
2. What is the start-up story behind Design Vetica?
All of the partners in Design Vetica, before establishing this agency, have either worked as freelance web designer/developer, or have built some websites themselves. Most of the projects they received were referrals from friends; but long before that, they have done multiple projects for themselves. Recognized by what they can achieve, they were given one of their biggest projects: building their school’s site (and they were paid with school credits). In the following year, William and David started talking about building a company on the idea of web design and media production in IT class. Soon, they pulled Alex into the picture since he was very close in working on previous projects with William. On February 6th, 2009 Design Veticawas born.
3. What was the most challenging aspect of being a young entrepreneur from your perspective as your entire team is still in high school?
Our most challenging aspect of being a young entrepreneur is that we are STILL in high school! People who are not constraint with schoolwork can focus solely on their work (apart from all the other random stuff). However, we, as students have to juggle school work and getting good marks while keeping up with deadlines from multiple projects with clients. This has caused some problems already. For example, we had to drop potential clients during finals. Nevertheless, at times, we encourage each other to keep up our grades in school.
4. To what do you attribute your company’s achievement?
All of us at Design Vetica can attribute our achievements to the individual member in the team. Without such a dedicated and hard working team, Design Vetica wouldn’t be where it stands now.
5. What advices do you give aspiring entrepreneurs, especially those who want to start in high school?
It may sound cheesy, but DO IT; because you never know unless you try. The truth is when we think back to how we started, we were even shocked to find ourselves following such a crazy idea; but we are glad that we did it. Even if your idea fails, use it as an experience because we all learn from mistakes.
Bloom Marketing - Carlos Obregon
With the explosion of social media sites on top of the existing sites, it is difficult to navigate in the online marketing world – how do I position my online brand and what do I do with this thing call social media? I lucked out and landed my first entrepreneur interview withCarlos Obregon from Bloom Marketing, you bet I will be asking about social media. Bloom Marketing is a leading search engine marketing agency located in Vancouver British Columbia.
1. Tell us what you do.
In a nutshell, we do online marketing. The services we offer are:
- SEO (Search Engine Optimization) to make your site easier to find by prospective clients.
- PPC (Pay per click advertising) these are the ads you see next to search results.
- Copywriting – we write text for websites, this text is different than the text you see in print media, it is designed to be easy to read and informative for users and easy to read for search engine robots at the same time.
- Social media marketing - we help website owners unleash the power of Web 2.0
- Web Analytics – We track and analyze the traffic that comes to your site, we can then determine who the most likely buyers are, which cities they come from, what times of the day do they normally visit your site, and a large number of other metrics that can shed light into how your online sales are happening.
2. What is the start-up story behind Bloom Marketing?
In 2006 Azita Fazli and I saw the opportunity to start this company because we were witnessing the growing demand for online marketing services. Azita has been doing internet marketing since 2000 and I have been in this field since 2005. We had paying customers from day one and despite the recession we have been growing every year. We currently serve clients in the following industries: financial, tourism, real estate and consumer products and services
3. Where do you see Bloom Marketing going over the next 2 years?
We seem to be specializing in tourism related industries; we currently have a hotel chain, an airline and two regional tourism associations as clients. We also work in partnership with 4 ad agencies in the city to enable them to offer not only traditional media capabilities but digital media as well.
4. Social networking is huge these days; do you incorporate that into your business offering as well?
We do, we are currently active on Facebook with and ad campaign and a Fan page, onLinkedIn and on Twitter.
5. Any tips for start-ups with regard to online marketing and how to navigate through the social networking explosions?
Try it. If you are familiar with print and electronic media, chances are you will be greatly surprised by the ROI and lower cost of online marketing. As for social media, make sure you claim your company name on all the major social media sites such as Facebook, Twitter, etc. Even if you don’t have the time or resources at the moment to maintain your profiles, at least you can avoid the problem of someone else posing as yourself or your company.
