How to Achieve Your Small Business Start-Up Success Story

Tory Johnson gives tips for getting your start-up in the black.

ByABC News via logo
August 2, 2010, 11:54 PM

Aug. 18, 2010 — -- I love hearing from current and aspiring small business owners -- about their challenges and their successes.

In the last year, I've heard more and more via email and Facebook posts from people who are pursuing entrepreneurship after a pink slip. (I get that, since I did the same.)

The good news is the Internet and social media in particular make it possible to share your story, promote your business, ask questions, and get advice with just about anyone. (If you want to talk to me, I'm always at Facebook.com/Tory or you can email me through my website.)

Introducing Signature Flan.

Just a few months ago Vivian Tenorio contacted me on Facebook, Twitter and by email to say I absolutely needed to hear her story. She was proud of what she launched and was ready to share her early successes.

Tenorio had been working as a software installer and noticed orders were slowing down considerably because of the economy.

She worried that it might mean she would lose her job, but instead of burying her head, she spent nights and weekends plotting and planning a business idea around a family recipe for the sweet caramel dessert flan.

Everyone who tasted it, loved it, so she perfected the recipe and sampled at farmer's markets, high-end grocers and restaurants. Everyone who tasted placed an order.

So Tenorio packed up her car outside of Dallas and drove to the Austin headquarters of Whole Foods to drop off a batch of flan for the dessert buyer -- begging the receptionist to make sure it was delivered. The next day, they placed an order.

A few months later, Tenorio was laid off, so her instinct was right.

Signature Flan is now in more than 100 Whole Foods locations and other specialty markets.

Tip #1: Bootstrap for solutions. If you have an idea for a food product, zoning laws and other regulations probably prevent you from cooking at home. Look into renting inexpensive hourly space in a co-op kitchen (which you can find by searching online in your area) or even by calling churches to ask about renting during off hours in lieu of committing long-term to an expensive commercial kitchen before you know the real potential.