How a 31-year-old built a 'cash stuffing' business on track to bring in $1 million this year: 'Make sure you have the backbone for it'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Jasmine Taylor turned TikTok fame and a $1,200 stimulus check into a thriving business. She told Last Call's Brian Sullivan it's been challenging and rewarding.

" — a money management method by which budgeters separate their cash into physical envelopes — in 2021 and soon became a sensation on the popular app.

"When I started on TikTok, it was mostly kids dancing," says Taylor. "I think I was just trying to keep myself accountable. And I put it out there and it went crazy viral, and I was like, 'Well, well — I'll be back tomorrow with another one.'" "I tried a few different businesses and some of them failed. Some of them went OK for a little while, and then they kind of fell off. Toward the end of my 20s, I was really struggling."

"I instantly went on Shopify, built the website and started collecting emails," she says. "So when we launched, things went really well. We've been profitable every month since we started."From the beginning, Taylor's line of products have cost a bit more than competitors'. But for a business looking to get off the ground and expand, this is essential, she says.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines