351 | Getting into Your Dream Store After Being Told No with Nellys Siria, Cocoa Loves Grey
Jul 30, 2024
auto_awesome
Nellys Siria, the vibrant owner of Cocoa Loves Grey, shares her inspiring journey as a first-generation Latina entrepreneur. She discusses how rejection from her dream store turned into a triumphant partnership. Nellys emphasizes the motivation behind her colorful, laser-cut earrings and the importance of community support. She openly addresses her battle with burnout and the necessity of self-care in creative entrepreneurship. Her story is a testament to resilience, reminding listeners that a 'no' today can lead to exciting opportunities tomorrow.
A 'no' today in business doesn't mean a permanent rejection; perseverance can open doors later, as seen in Nellie's journey.
Maintaining personal relationships with stockists through genuine interactions and appreciation strengthens wholesale opportunities and nurtures loyalty.
Deep dives
Resilience in Business Pitching
The podcast emphasizes that a 'no' in business does not equate to a permanent rejection. Nellie Syria, the guest, shares her journey as a creative entrepreneur facing repeated setbacks, especially when pitching her accessories brand, Coco Loves Gray. She recalls how a store she dreamt of working with initially declined her products but later came back to purchase them. This experience highlights the importance of perseverance and the potential for future opportunities, encouraging others to stay hopeful in the face of rejection.
The Birth and Evolution of Coco Loves Gray
Nellie started Coco Loves Gray shortly before the pandemic, using the time during lockdown to explore and refine her craft. Her business began with small-scale jewelry making at home, experimenting with different materials, until her husband gifted her a laser cutter, which significantly expanded her product line. Nellie's vibrant, colorful earrings are inspired by her love of bright designs, aiming to spread joy through her products. The thoughtful transition from informal sales to a structured business model showcases her adaptability and creativity.
Building Personal Connections in Wholesale
Nellie emphasizes the significance of personal relationships in her wholesale business strategy, advocating for genuine connections with stockists. Her initial wholesale opportunities stemmed from casual conversations with shop owners she already knew as a customer. Maintaining these relationships through appreciation, such as handwritten notes with orders, strengthens these business-to-business transactions into more meaningful interactions. This approach not only nurtures loyalty but also highlights the human element within the business landscape.
Balancing Entrepreneurship and Well-Being
The importance of work-life balance is a central theme in Nellie's narrative as she discusses her experience with burnout. After dedicating herself intensely to her growing business, Nellie recognized the need to slow down and recalibrate her priorities to enjoy life outside of work again. Engaging in hobbies like gardening has helped her regain a sense of joy and creativity that initially drew her to entrepreneurship. She now aims to sustain this balance while preparing for the upcoming busy season, reflecting a healthier approach to business sustainability.
It is so deflating when we put our work out into the world and either don't hear back or we're told that now isn't the right time. Our students feel this deeply when they are pitching wholesale accounts, but today's guest is reminding us that a no today doesn't always mean that it's a no forever.
Nellys Syria is the owner of Cocoa Loves Grey, a colorful accessories brand that sells very popular and beautiful laser-cut earrings. Nellys believes in the power of bright colors to draw people in and make them happy. She's always coming up with fun and unique items to keep her business fresh and interesting. She's a 1st generation Latina and the 1st business owner in her entire family. Nellys sells her earrings to both direct-to-consumer audiences and wholesale and her product line expanded when her husband bought a laser cutter for Christmas. We talk about how her dream store originally told her no, but eventually came back to purchase her gorgeous earrings.
Nellys shares how she was on the verge of burnout, but pushed pause to reset how she was running her business.
Today’s episode is brought to you by our free, on-demand wholesale audio series. In this audio series, I’ll walk you through the biggest mistakes and most common questions folks have when they are starting and scaling wholesale—so you don’t make the same mistakes myself and others did. You can binge this audio series in less than an hour and you can listen on the go in your favorite podcast player. No fluff here, just concrete action steps and answers to help you simplify and strengthen your wholesale sales.