Key Idea: Find Cash to LaunchGrace Tsujikawa-Boyd founded Pyro Media in her basement in 1969. More... |
Key Question:A:
Just like Grace, every new business starts with personal sacrifice, personal savings, and the demonstration to outsiders that the product will be viable. Go to your personal banker and investigate if that bank does business with the SBA. The bank has to make the loan and it is only insured by the SBA. Therefore, start with a banker not the SBA. Grace was turned down by several bankers then found the right one. Everything you do will take persistence so you can exercise your determination muscle by looking for money. Always keep in mind that the banker wants to know what you have put in the business and they don't just want you to say you are putting in your time. You should be able to show that you have poured savings and even loans from family and friends into the operation. Think about itWhat can you do to cut your expenses as you start a business? Will your family support you emotionally and will they all do their part to cut back? Are you willing to eat potatoes, like Grace did, to get your company running? Do you have good credit personally? Clip from: PyroMediaSeattle, Washington: In this episode of the show we take you into a place well-known in the design community as the place to buy large ceramic pots for up-scale hotel lobbies and office buildings. Grace Tsujikawa-Boyd has re-invented the business she started in her basement in 1969. She now has engineers working for her in a new division that makes ceramic castables; though made from clay and fired in kilns just like the clay pots, these forms are used by companies like Boeing to make aircraft parts. She got some help and leveraged her assets in new ways to develop an entire new customer base -- the aerospace industry. Go to all the Key Ideas and Video of this episode... PyroMedia - Phenix Glass Art - PyramidGrace Tsuijikawa, Founder
1601 S 92nd Place, Unit C Visit our web site: http://www.pyromediainc.com/
Office: 206-768-1683
Business Classification: Year Founded: 1969 Find Cash to Launch(Voiceover) What's a clay pot maker with a degree in art doing in the aerospace business? Simple, she's growing her company. Grace Tsujikawa-Boyd founded Pyro Media in her basement in 1969. In the commercial ceramic business, she's know by architects and interior designers as the creator of high-quality glazed pots. Not a member yet? Learn! Be empowered! Join us! |
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