Relationships

Relationships are always a tricky business, aren't they? But sometimes they can just seem to blossom into more then you ever expected.

In my work space there is another small business owner and she and I have become good friends over the past year - celebrating each other's successes and commisserating with one another when needed. She is in a *completely* different field from me so I've never thought much of it other than our friendship and the ability to bounce entrepreneurship thoughts and ideas off of one another.

Turns out her mind has been working alot faster than mine and she's interested in private-labeling a product that I would make for her. Keep in mind that she approached me with the new product idea but because of the licensing and potential liability involved (all of which I have/am covered for) it makes more sense for her to potentially outsource to me.

So I went into our work space today and developed the new product that, I must admit, turned out far better then even I imagined and my friend was completely blown away.

Now here comes the potentially big news. I thought that this would just be something she'd sell at the local farmer's markets in our area which would bring in a little extra cash but nothing substantial. Turns out that she may be getting space in Pike's Place Market (if you're not familiar with the name look it up - a huge deal here in Seattle for both locals and tourists alike) and she would be interested in carrying the product there in addition to her other products. That would be a HUGE deal (it gets over 8billion visitors a year) and could end up being that elusive continuous wholesale contract I've been praying for over the past two years - one that potentially could cover my monthly fixed costs which would leave any other income coming in going towards my variable costs (which are low) and, god-willing, an actual profit!

Obviously there are still a number of things that have to be worked out but the first step today was very positive so I'm going to try and keep my fingers crossed without getting my hopes up too much.