From Side Hustle to Success: How a Mom Built a Rs 5 Crore Business in Just One Year with 40 Hours a Week
Mom Turns Side Hustle into Rs 5 Cr Business in Just 1 Year
Source: Business Today
Introduction
Alexandra Rutkay, a makeup artist from New York, faced a common dilemma for moms: balancing practicality with style. Her journey led to the creation of Citymouse, a brand of chic, functional diaper bags that has generated significant revenue in a short time.
Inspiration Behind Citymouse
The Frustrating Moment
- While dining with family, Rutkay realized her designer purse was impractical for carrying baby items.
- This frustration sparked her desire to create a stylish yet functional solution for mothers.
The Brand Launch
- Citymouse was launched in June 2022, focusing on cross-body diaper bags with adjustable straps.
- In its first year, the brand earned nearly $600,000 (over Rs 5.08 crore) through platforms like Shopify and TikTok Shop.
Personal Journey and Challenges
Health and Motivation
- In 2020, Rutkay was diagnosed with a rare cancer, which heightened her motivation to create a legacy for her son.
- Declared cancer-free in 2021, her health scare intensified her drive to secure her family’s future.
Operational Support
- Rutkay kept her venture secret from her husband initially, fearing another failed side hustle.
- As the business grew, he became her only full-time employee, aiding in logistics and customer service.
Lessons Learned from Entrepreneurship
Success Factors
- Addressing a specific need at the right time is crucial for business growth.
- Consistency and effort are fundamental to sustaining success.
Challenges and Pivoting
- Rutkay faced setbacks, including a failed attempt at selling pizza-themed baby blankets, which lost her $6,000.
- She learned the importance of understanding when to pivot and reassess business strategies.
Conclusion
Rutkay's story exemplifies how personal challenges can inspire entrepreneurial success. By identifying a market need and dedicating consistent effort, she transformed a side hustle into a thriving business while balancing the demands of motherhood and her professional life.