My New Years Resolution or Why I’m Having a Massive Clearance Sale

Ever get to a point in your life where you  know it’s time to make some much needed changes, and if you don’t do something soon, you know it’s going to seriously affect your health and emotional well being?  Yet you’re not quite sure on the best way to make these changes happen?

Flashback to 4 years ago. After 11 years of 70-80 hour work weeks and all the stress that goes with being a small business owner, I knew I had to do something to avoid a total meltdown. My work/life balance had become seriously unbalanced, with the scales tipping in the direction of waaaaay more more work than anything else.

At that point in time I sought the advice of a couple of business consultants, my accountant, …..and, of course, my dear and patient husband,  as this was certainly affecting him too!

Any business owner knows they have to make a decision like this eventually. Your most obvious choices are to scale up, sell, or scale down.

At this point in my life no spring chicken,  just the idea of scaling up exhausted me just thinking about it.   I was envisioning a comfortable slide into retirement, not the hair raising stress of having to hire and supervise way more staff, move everything to a fulfillment center or get myself into a giant warehouse.  Ummmm, yeah, if I was 20 years younger maybe.  So I ditched this idea pretty quickly.

Selling  appealed to me until I found out about the tax implications and the fact that a potential buyer expected me to sign a non compete agreement that stated I would never have anything to do with vintage fashion on the internet ever again lp6o1jm.   So call me cray cray, but I still wasn’t ready to get out of the vintage biz completely and it’s not like I was turning down some multi million dollar offer. Hardly.   So 86’d that idea too.

Which led me to my final option.  To just scale the whole thing back to a saner more manageable level.

So for the last 4 years I’ve been working very hard to put myself in a financial position to be able to do this.  I’ve been steadily downsizing my inventory, and as employees left along the way, I did not replace, operating with a smaller and smaller staff.

This decision has led to my 2017 New Years Resolution.  Going into my 15th year in business I now intend to sell  off a sizeable amount of my inventory at deeply discounted prices,paving the way for me to start working at living, instead of living to work.

Sure, some people will probably think I’ve gone off the deep end because I’ve chosen to give up a perfectly good revenue stream. But there are times when money needs to take a back seat to quality of life. And I realize this isn’t an option that would work for everyone. But, fortunately it will work just fine for me, and Andrew.

I will be keeping the authentic vintage clothing, exclusive dress designs and some accessories and separates.   But  pretty much the rest has got to  go!  And I am soooooo more than ok with that. It’s a win/win situation. My customers will get some fab stuff at great savings and I’ll get to jump off my dizzying merry go round of endless work obligations.

So if you’ve got a special event, wedding or cocktail party coming up or you’re just looking to to add some classic vintage inspired pieces to your wardrobe, then check out my Last Chance Clearance Sale for 35-70% off  dresses, gowns, separates and accessories . And when they’re gone….they are gone.  And I say, better that, than my sanity!

 

xo

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By | 2017-02-12T06:59:40-04:00 January 23rd, 2017|Uncategorized|6 Comments

About the Author:

Theresa
Hi, I'm Theresa, owner and chief classy dame at the Blue Velvet Vintage online boutique. Lover of mid century fashion and home decor, classic films, Old Hollywood, pretty dresses, red lipstick, swing dancing and retro culture in general. Between my ecommere site and vintage style blog my mission is to revive the eras of classy dressing and inspire women to add more glamour to their lives! So don't be shy! I love to hear from others who share my appreciation of the styles of the past.

6 Comments

  1. Theresa Campbell
    Theresa Campbell January 31, 2017 at 10:17 pm

    Wow, Liz. That is a big change to be laid off after 10 years. I’m sure more than a little disconcerting as well. Let’s hope you can turn this into a positive experience that results in a better work/life balance for you. I’ll keep checking your blog to see how you’re doing!

  2. Avatar
    Liz January 31, 2017 at 5:46 pm

    As a person who just went thru a major work change in my life (being laid from a job of 10 years), I have been rethinking my next stages in my life and would love to have more travel and living life balance then I currently have. I think your changes, will make you so much more happy and I look forward to hearing about your adventures 🙂

  3. Theresa Campbell
    Theresa Campbell January 25, 2017 at 10:40 am

    Thanks Suzanne. I do have some really nice things on sale that are a serious bargain. And every one that goes out the door reminds me of how much closer I am getting to my goal, which does include a trip to Toronto, btw. I’ve always wanted to visit, now I have a perfect reason 🙂

  4. Avatar
    Suzanne January 25, 2017 at 9:47 am

    Wow you have some amazing pieces on sale!

    You have done very well to maintain your busy life and work schedule for so long.

    I’m hoping this change means even more possibilities that you will come up for a visit!

    bisous
    Suzanne

  5. Theresa Campbell
    Theresa Campbell January 23, 2017 at 3:55 pm

    Hey Jill. Thanks so much. Hope you find something you like.Email me if you have any questions about any of our merchandise.

  6. Avatar
    Jill January 23, 2017 at 3:53 pm

    Good luck with the new direction you’re going in. Sounds like its the right move for you. On my way to check out your sale!

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