Lifecycle of my ventures

  • Ideation

    Identifying Needs: I begin by identifying a need or opportunity, such as new travel convenience spaces at PDX airport. I then create a concept for the new retail venture that meets this need.

    Concept Creation: Develop innovative and unique concepts that align with market demands and community interests.

  • Venture Details

    Product Mix: Determine the product mix, including special offerings and differentiators.

    Market Trends: Analyze market trends to ensure my offerings are current and appealing.

    Differentiation: Strategize how to differentiate my ventures from competitors.

  • Curation

    Network Collaboration: Work with my extensive network of local makers and vendors in Portland to bring together a product mix that is appealing to my target audience.

    Product Offering: Finalize the specific products I will sell and set appropriate price points.

  • Operations

    Daily Operations: Invest time in daily operations to ensure up-to-date product selection, pricing promotions, and the introduction of new products.

    Vendor Contracts: Manage new vendor contracts and maintain strong relationships with suppliers.

    Product Management: Oversee product selection, handle out-of-stocks, and ensure effective merchandising and seasonal rotations.

    Store Management: Work closely with store managers to troubleshoot issues and optimize store performance.

    Strategic Planning: Develop and implement annual strategic plans to guide the growth and success of each venture.