446 8:12

Canadian Mom Spells Out Success with Letter Board Loot

After a search for customizable letter boards leaves her empty-handed, a Side Hustle School listener sees the writing on the wall.

8:12

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What It's About

A Canadian mom brings trendy letter boards to the people!

Business Model
Reselling
Skills Required
Research & Resourcefulness
Complexity
Medium
Profit Potential
Medium

Words of Wisdom

Sarah’s advice to aspiring side hustlers?

“Have a solid idea about the product or service you want to sell. Create a concrete vision around it, then start researching the heck out of your competitors. Suss out viable suppliers. Then go for it. You only live once!”

Fun Fact

The internet and eCommerce together have brought the world to the customer’s doorstep. If you spend enough time on the internet, you’ll see that almost anything is for sale, from home sushi bars to parrots, and even a diploma in Nose Picking from Snot State University. The Side Hustle School does not recommend including that on your CV, though!

Notes from Chris

Episode 446
Some side hustles are created from a gap in the market. Some come from experimentation. Sarah Chetney, a stay-at-home mom of three from rural Alberta, Canada, created her side hustle out of both.

Sarah is always on the lookout for fun projects to work on with her three children. Life moves quickly in their household, and finding creative projects to tackle together can be challenging. Pinterest was a regular, favorite stomping ground for Sarah because of the visual content and abundance of good ideas that filled the platform.

While scrolling for a new project to tackle with her kids on a dull, rainy day, Sarah noticed a new trend emerging on her favorite, go-to accounts. Customizable letter boards were popping up everywhere. These marquee boards, which allow you to arrange letters on a board into words to create personalized messages, seemed to be flourishing in home decor. To Sarah, they were also the perfect way to entertain her kids and decorate her house at the same time.

She found a board she liked through a seller on social media, but when she went to their checkout page, she saw that the shipping charges made the product's cost much higher than what she was prepared to spend. Sarah decided to see if she could find a similar product through a Canadian retailer, but her search came up empty. There were simply no sellers based in Canada.

This put a damper on her excitement because shipping fees and the exchange rate were both significant markups on an otherwise simple purchase. Sarah continued her search but was less optimistic. Days turned into weeks. The avid Side Hustle School listener was dejected. At first.

The lessons she had learned from other side hustlers taught her that her problems couldn’t be unique. Sarah couldn’t be the only Canadian looking for a letter board, put off by exorbitant shipping fees and a crippling exchange rate. If she struggled in her search, she thought, someone else must have too.

Sarah now had a side hustle idea.

The sense of accomplishment of coming from a non-business background to figuring out the eCommerce landscape has changed Sarah’s life. Her monthly revenue from LetterPoet now reaches about $3,000 a month, which is about the same income she would earn working outside her home while paying for childcare. But her side hustle allows her the financial freedom, plus an added dash of excitement, to continue to work from home and be able to travel with her family!

 

 

MENTIONED IN THIS EPISODE:
  • Letter Poet on Amazon.: Learn more about LetterPoet from Sarah's Amazon store.
  • Shopify: Sarah originally used Shopify to set up her store for LetterPoet, and they're offering a 21-day trial and exclusive discount for all Side Hustle School listeners!
SEE ALSO: Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

cg-sig-newsletter
Quote of the Day
"Creating an eCommerce business that doesn’t involve having physical stock on hand is a great way to lessen the responsibility of starting a side hustle. There’s no pressure with storing stock and fulfilling orders. It’s essentially your business on autopilot—after you set it up."
—Sarah Chetney #SideHustleSchool
Read the full transcript

This transcript was generated from the episode audio and may contain minor errors.

[Music]

Hello, hello, what's up? Welcome to Side Hustle School. My name is Chris Guillebeau. If you see something, say something. You probably heard that sometime, right?

Well, in the side hustle world, if you see something, maybe you should do something about it. So many of our stories come from listeners using the power of observation to spot a money-making opportunity. That's what today's story is all about. It's one of our listeners from Alberta, Canada, and this listener sees the writing on the wall after a search for customizable letterboards leaves her empty-handed. You might have seen Instagram posts or Pinterest pins of these letterboards now that people are spelling out different quotes and other things.

It's a bit of a trend and she wanted to get one for herself, but when she went on a search, it turned out to be pretty expensive to ship to Canada. What comes next? Well, she figures out how to do it herself and to sell them to other people. She's now making thousands of dollars a month. Stay tuned for all the details after this quick shout-out to our sponsor.

[Music]

Some side hustles are created from a gap in the market. Some come from experimentation. Sarah Chetney, a stay-at-home mom of three from rural Alberta, Canada, created her side hustle out of both. Sarah is always on the lookout for fun projects to work on with her three kids. Life moves quickly in the Chetney household and finding creative projects to tackle together can be challenging.

Pinterest was a regular source of inspiration for Sarah because of its visual content and abundance of good ideas. While scrolling for a new project on a dull, rainy day, Sarah noticed a new trend emerging on her favorite go-to accounts. Customizable letterboards were popping up everywhere. These miniature marquee boards, which allow you to arrange letters into words to create personalized messages, seem to be flourishing in home decor. To Sarah, they were also the perfect way to entertain her kids.

She found a board she liked through a seller on social media, but when she went to their checkout page, she saw that the shipping charges made the product's cost much higher than what she was prepared to spend. That seller was in the States, so Sarah decided to see if she could find a similar product through a Canadian retailer, but her search came up empty. There were simply no sellers of letterboards based in Canada. This put a damper on her excitement because the shipping fees combined with the exchange rate were both significant markups on an otherwise simple purchase. She kept looking, but without success.

Days turned into weeks. This avid side hustle school listener was dejected, at least at first, but then she realized the lessons she had learned from other episodes taught her that her problems couldn't be unique. Surely she wasn't the only Canadian looking for a letterboard, but put off by exorbitant shipping fees and a crippling exchange rate. If she struggled in her letterboard quest, she thought surely there must be others. Sarah now had a side hustle idea, but going from idea to income was overwhelming at first because she really didn't know where to start.

She didn't have tech experience. She'd never worked in a retail environment before, but since she knew she needed product, she began to research suppliers, looking both locally and at foreign manufacturers that listed their services online. Then she created her first Shopify store to lay the foundation. In a way, she realized the most important part of the work, the competitor research, was already done as a potential consumer. She knew what products were out there and what the fair market value was for letterboards.

This was the stay-at-home mom's first foray into business, but she had noticed that gap in the market. When Sarah's first sale came in, she went into overdrive to fulfill that order. This was last year, but the excitement from each sale still continues. According to her, she says, "It's still special to hear my Shopify notification "go cha-ching when I make a sale." The sense of accomplishment from her success has changed Sarah's life. She calls her shop Letter Poets, and monthly income now reaches about $3,000.

That's about the same amount she would earn working outside her home while paying for childcare. But with the side hustle, she has financial freedom, plus an added dash of excitement, and the ability to work from home. As yet another benefit, she's able to travel with her family without planning around her job. Now, Sarah was first and early, but since the launch of Letter Poets, many other letterboard shops have also opened. She's been careful to pay attention to them, but even with a more competitive market, she tries not to devalue her product and chooses to focus on creating a brand that people trust.

She does that through great customer service and a friendly presence on social media. She also continues to think about pricing her products in a way that's both profitable for herself while also offering savings compared to ordering from the larger companies in the States. Her advice to aspiring side hustlers, create a concrete vision around your idea, research your competitors, suss out valuable suppliers, and then go for it because you only live once. These days, the majority of Sarah's customers are Canadian, with 15 to 20% being American. As for what's coming up, well, she hasn't spelled out her next steps yet, but she does believe that another e-commerce store is in her future.

She's gained this experience. She wants to put it to use elsewhere. So I'm betting that after the success of this first project, $3,000 a month, the next endeavor is sure to make a statement. Want to round things out today? Here's some quick advice from me.

If you're making alphabet soup, but you leave it on the stove when you go out, it could spell disaster. Just don't do it. Oh, and also, how do you know a witch invented the alphabet? Because you have to spell it. Put that one on your Pinterest or your letter board.

No charge, first one's on me. And perhaps even more helpful, if you're interested in selling something like this or making some kind of product, similar market, anything handcrafted, I would encourage you to check out Sarah's website, which we're gonna link up in the show notes. She does a really great job of sharing her story. And we are all about stories on Side Hustle School, of course. And I tend to believe when people buy something like this, they're not just interested in the product, they're interested in the person behind it.

So when you go to Sarah's site, you're gonna see beautiful pictures of the product, which is as it should be. But you're also gonna be able to click on this about page and see a photo of Sarah and her kids. You can read more about her. She says, "I'm a wife and mom who lives in a small city in Alberta, Canada. I've always had a love for words.

In fact, I completed an English degree just weeks before finding out I was gonna be a mom." She goes on a bit, just kind of sharing why she's doing this project. So if you're out there surfing around and you're interested in buying one of these, you have this sense of familiarity. You have a sense of connection and relationship with this person. And it tends to make people feel more comfortable. Tends to make people feel like, "Oh, this is not a big corporation.

This is a real person in this small town." But at the same time, she doesn't overdo it because that story is there really to reinforce like why this product is so fun, why you should purchase from her. So you have that little bit about her, but then like the rest of the site is very much focused on these letterboards, how you can purchase them, why it's simple, why it's easy, why it could be a fun thing to try in your household and so on. Anyway, check that out, I think it's well done. And of course, congrats to Sarah. $3,000 a month so far.

I hope it continues to grow and I look forward to seeing what her next e-commerce store will be. For you over there, remember inspiration is good, but inspiration with action is better. Those show notes will be online at sidehustleschool.com/446. Thank you for listening. So much more is on the way.

My name is Chris Guillebeau. This is Side Hustle School.

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