Ep.66 Liz Felix | How to Future-Proof Your Traditional Niche & Beat the Seasonal Slump
Manage episode 512612218 series 3584941
In this episode, Liz Felix of Liz Felix Hats talks about her journey into millinery, the importance of a physical store for her business, and how she manages the highly seasonal nature of her industry. The discussion covers her professional background, her move to Caversham, and key business lessons she's learned. Liz also explains how she markets her business. Her advice to other business owners is to "be brave," take risks, and to not be afraid to outsource tasks like accounts if it offers better value than doing them yourself. Finally, Liz shares how a traditional industry has adapted to the modern world.
TIMECODES
00:00 Welcome to Liz Felix!
00:22 Liz's background
02:49 Why Liz decided to open a physical store
06:08 Why Liz moved her store from Caversham from Henley
08:26 Liz's revenue streams
11:30 Liz's audiences
13:06 How Liz markets her business
15:23 How Liz manages the business side along with the creative side
17:09 Liz's business lessons
18:25 Challenges Liz has faced and how she's overcome them
20:40 Resources/training that Liz would benefit from
21:32 Liz's business plans for the future
22:38 Liz's final thoughts
23:45 An extra question! How you take something steeped in tradition and add a modern twist
72 episodes