Learning Business in the Family

We went to Park Street in Frog Hollow of Hartford to interview a woman and her son.  The woman, owns a party supply business.  She moved to Hartford from Puerto Rico and started this store because there was a demand for the items she sells and no supply nearby.  She sells everything you could think of that one would need for a party–be it a wedding, a baby shower, or a quinceañera (15th birthday celebration in Hispanic Culture).

She began her business without borrowing money or taking loans, just using capital she had acquired from her previous jobs. This is an important note for future business owners, as it proves that taking out heavy loans is not always necessary to have a successful business. She did say, however, that she felt support from the Spanish American Merchants Association that operates in Hartford, as she took courses that helped her in her startup.

Her son, born in Hartford, worked for her when he was younger–for  about 14 years.  He gained a lot of business experience from her, and decided to open up his own clothing business.  Like many business owners, the idea of having ones own business was attractive because he could be his own boss and not have a salary cap. Starting as a street vendor with 100 dollars in his pocket, he built a customer base in the area.

His business soon flourished enough for him to get a space on Park Street just a block away from his mother’s business.  He likes Park Street because there is a lot of demand for his product–clothing and some accessories such as hats.  There is also a lot of foot traffic in the area, so he said it was an ideal place to open a business.

His mother’s advice to prospective business owners was two fold, both practical and personal. She encouraged good treatment of customers to build a solid clientele base, citing that “that’s why I’ve been here for 26 years!” On a more personal level, she advised people to ensure that business ownership was a field they really want to get into before they made the decision to begin a business.