Everyone who starts their own business wants to be successful right away. Luckily, from Pinterest to Etsy, there are plenty of opportunities for people to sell their quirky crafts for profits. In fact, small artisans have been known to be some of the best entrepreneurs, building their businesses from scratch. With a talent for crafts and a California seller’s permit in hand, you could be well on your way to following in some of these businesses’ footprints.
Homemade versions of gifts, accessories, and home décor have become increasingly popular over the last years. Not only are they environmentally and budget-friendly, but they are often made by an artisan with a passion for what they do. Perhaps the biggest driver of the DIY industry is the technology behind it. Etsy and Pinterest are the main platforms where people look to get charming, handmade goods with a reasonable price tag.
Look at just a few of these DIYers who turned their crafts into a successful business:
Alicia Shaffer: ThreeBirdNest
Labeled as “Etsy’s richest seller,” Alicia Shaffer, founder of ThreeBirdNest, reportedly pulled in around $80,000 a month in sales. Even so, Shaffer had humble beginnings. She began selling homemade goods on Etsy in 2011. After a huge success in selling bohemian attire and accessories, Shaffer made a move to ditch Etsy and opened her own online store.
Michael Mente and Mike Karanikolas: Revolve
As a Los Angeles clothing company, Revolve reportedly sold $400 million worth of dresses, hats, and fashion-forward women’s apparel in 2015. Co-founders Michael Mente and Mike Karanikolas worked hard to build their business from the ground up. Since 1999, they have been involved with start-ups, but not always in the fashion industry. As they grew in confidence and popularity, Revolve grew into its own brand that came to dominate the L.A. style scene.
Ethan Song: Frank & Oak
Song, co-founder and CEO of Frank & Oak, worked hard to get this menswear brand known. This Montreal-based clothing brand started out selling menswear online, then broke out into bricks and mortar. Although Frank & Oak dominates in online sales, it recently opened not one, but 16 storefronts across Canada. In less than five years, this company has added more than 250 employees with over 3 million customers. In 2015, it topped the charts with a four-year revenue growth rate of 18,480 percent.
With a strong work ethic and a unique selling point, these entrepreneurs managed to turn their hobbies and passions into profitable businesses. When you’re getting started on your business, it’s important to remember that a seller’s permit was absolutely essential to each one of these business owners. You may be wondering, “Do I need a seller’s permit to sell online?”—and the answer is “yes”! A seller’s permit is issued by The California State Board of Equalization and is necessary to make sales in California.
Visit the team at SellerPermits.com when you’re ready to receive your seller’s permit in CA. We guide you through the process of acquiring your permit, making it quick and easy so that you can get back to work!