Leslie, I can feel your stress, welcome to the roller coaster of life!
Our story is a little different than yours and I don`t think I stood to lose as much financially to take a stab at it, but I still had the whole roller coaster of emotions that I believe you are feeling. I still sometimes get them today .
For us, it was a make it or break it. We were on the verge of losing everything, I had to do something and fast. I took money we didn`t have and spent it for supplies, I wasn`t really sure if it would work or not. I knew that I had bought a ton of dip mixess in the past and thought I could do as well or better than what was currently available on the market. I had to try! I say a prayer of thanks everyday that I just moved forward.
You have a great product, I can see them now in every specialty kitchen store in every mall. Think of the outlet malls popping up everyday and they all have what? at least 4-5 specialty kitchen stores. They all have grilling sections, some of the stores like Harry & David and LeGourmet (to name a few) have all the wonderful sauces and marinades and would be a super ideal fit for your product. I am sure once they saw it, they would want it on the shelf.
If you are just finding this out and still in "panic mode" give yourselve a couple of days to digest what you know. Things always have a way of working themselves out and sometimes, once you mull over it things don`t really seem as bad as they first did. I have gone back to the drawing table several times on ideas and concepts before moving forward and somehow things fall into place. I know nothing about overseas manufacturing but if it is possble to do some further checking, to see if you can cut costs by finding another supplier, take the time to do so and be at peace with your decision. Whatever you chose to do I wish you the very best and hope you decide to move forward and try. It truly believe if you can get past this that you will find success!
I am feeling better and better with each post! Keep em coming !!!
Degrees, no, tooling is a completely separate cost. (I’m not worried about that, because that came in under budget) As usual, I hoped it would be lower, but it’s still in line and a little cheaper then what I had planned for. (I REALLY inflated my costs)
Wow Craig! You can really put the wind back in someone’s sails when you want to! I DO believe in Grill Charms™ with ALL MY HEART! I KNOW without a doubt in my mind that this product will be a smashing success. At crossroads like this (well, this wasn’t really a crossroad, because stopping is not an option) but at a stressful point on the journey, one begins to have doubts and really… it’s all about validation. Yep, I’m not too proud to admit… I NEED IT! Not to succeed, because I will do that anyway, but I need it to make this nauseous feeling in my stomach go away and help me get some sleep at night so THANK YOU! That was a really wonderful post, I appreciate it!
Pam, thank you for sharing your story. I knew there were fellow entrepreneurs out there that went against the odds and risked much more than I am and have reaped the spoils of their venture. That’s what I needed to hear.
Any other product developer/inventor/manufacturer types been in my shoes???