Preview

A Business Owner Who Backed Off Tries To Step Back In

Good Essays
Open Document
Open Document
1332 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
A Business Owner Who Backed Off Tries To Step Back In
A Business Owner Who Backed Off Tries to Step Back In
Jim Wilson/The New York Times
By JOHN GROSSMANN
Published: October 23, 2013

Bibby Gignilliat, owner of a small business, cut back her working hours for two years, but now she wants a hands-on role again.
PARTIES THAT COOK is a 14-year-old event business founded in San Francisco by Bibby Gignilliat, a former marketing manager at Williams-Sonoma who followed her muse — first by going to cooking school and then by starting a business that offers cooking classes as employee-appreciation and corporate team-building events. It now handles events for as many as 300 in San Francisco as well as in Chicago, Seattle and Portland, Ore., where it maintains satellite offices. The company employs 11 full-time workers at its headquarters, and about 65 chefs, servers and dishwashers on a contract basis. Last year, revenue reached $2.2 million.
How Does an Owner Who Stepped Away Reassert Control?
Bibby Gignilliat, founder of a company that offers cooking classes as employee-appreciation and team-building events, wants to re-engage with the business to meet her long-term goals.
THE CHALLENGE Seeking to revive her long-neglected personal life, Ms. Gignilliat announced to her core staff in January 2010 that she was stepping back. She would continue to work, but she would cut back her hours and work mostly from home. The business did well, $1.85 million in revenue in 2010, with her on reduced hours. Last fall, however, she decided she wanted to re-engage — and double sales in four years. Her hope was that she could re-energize the business without demoralizing those who had been running it.
THE BACKGROUND A decade after starting her business, Ms. Gignilliat had an epiphany, when, as a panelist at the Sloan School of Management at M.I.T., she heard herself referred to as the owner of a “lifestyle business.” “Lifestyle?” she muttered to herself. “I have no life.” For years, she had been logging 80-hour weeks. Soon to turn 50,

You May Also Find These Documents Helpful

  • Good Essays

    Since KFF plans to offer these in store parties to the consumer with world-renowned chefs, it must be understood that this will come at a high cost for the company in hopes to boost its customer base. This is an area that needs further market research to see if there will be an interest in this and how it is going to boost sales when it is offering a premium service for free.…

    • 843 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Mktg 485

    • 4893 Words
    • 20 Pages

    XYZ Cupcakes is an amateur business, assimilating a wealth of competitive strategies fixated on commercial adaptability and agility for actualizing a loyal consumer base in Towson, MD. We specialize in providing ornamental cupcakes, manifested in a casual atmosphere. We expect to be profitable within our first year of operating in order to reinvest in the company, and expand retail locations by year three. At that time, we anticipate establishing individual partnerships with appointed head chef’s, who will personally invest in their location and be rewarded for profitability. Our forecast for procurement predicts total sales in the summer months will be slightly higher, as more people will be having BBQs and picnics; and highest in November and December, due to the wealth of food-oriented holidays, and desired gift packages. While emphasis in the first year will be on advertising to establish our presence in the area, our company attempts to fulfill two milestones in our retail store within the first three years:…

    • 4893 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Wind, Y.J., Crook, C., & Gunther, R. (2005). The power of impossible thinking: Transform the business of your life and the life of your business.. Retrieved from The University of Phoenix eBook Collection.…

    • 855 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Michael had worked as a part-time employee at Shirts and More while he was in high school and envisioned owning such a shop. He realized that a sweatshirt shop in Campus Town had the potential to meet all four of his criteria. Michael set up an appointment with Jayne Stoll, the owner of Shirts and More, to obtain information useful in getting his shop started. Because Jayne liked Michael and was intrigued by his entrepreneurial spirit, she answered many of Michael’s questions.…

    • 2059 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    Business Sample Questions

    • 1643 Words
    • 7 Pages

    Andy wants to start his own business. He has decided to rent space in a "strip mall" and open a pet shop. Additionally, he will provide dog grooming services. He figures he can do almost everything himself, though he will need to hire a part-time employee on an "as needed" basis. His friend, Lacy, has agreed to work when needed.…

    • 1643 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    In 1976, when she started her first business as a caterer in the small town of Westport Connecticut, nobody would have been able to predict the entrepreneurial success of Martha Stewart to this day. Martha transitioned from being a model, to a stockbroker, to a small town caterer, and finally to being the proprietor of Martha Stewart Living Omnimedia Inc. (MSLO), a multimedia and merchandizing company that is still thriving and expanding today. Looking back on Martha’s life from today, one can gain valuable insight into the factors that contributed to her becoming an entrepreneur. Among those contributing factors are the cultures of America and New York in the 1970s, the opportunity presented by the “Do-It-Yourself” industry, and Martha’s…

    • 3333 Words
    • 14 Pages
    Best Essays
  • Satisfactory Essays

    Lake Norman Essay

    • 402 Words
    • 2 Pages

    Bring your party to us and we’ll make sure the party is the best ever, with smoking hot BBQ and a great atmosphere.…

    • 402 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    8th Habits

    • 5018 Words
    • 21 Pages

    “How timely! How needed it is for one of the finest human beings, industrial leaders, and philanthropists on the planet to compellingly drill down on timeless, universal values for business and life. This book edifies, inspires, and motivates all of us to model these common sensical lessons for our organizations, all our relationships, and especially our posterity—for what is common sense is obviously not common practice. Primary greatness is character and contribution. Secondary greatness is how most people define success—wealth, fame, position, etc. Few have both. Jon’s one of them.”…

    • 5018 Words
    • 21 Pages
    Good Essays
  • Satisfactory Essays

    TMA01 Making And Remaking

    • 386 Words
    • 2 Pages

    Both Mark and Janet over time have had to remake themselves and their businesses. (Open University, 2015) Car supermarkets made it impossible for smaller companies to make profit, pushing them out. Businesses closed on City road for that reason. Mark by default managed to remake his business. Through making exhaust systems from stainless steel, he was asked to make disability hand rails for a hotel. They were happy with the work and ordered more. This resulted in him turning his garage into a work shop, where he now makes to order, bespoke items for architects and engineers. Janet went home to find herself, recharge her batteries and remake herself and her business, buying goods from all around the world to help with the economy, and to provide goods required by the multicultural community around her.…

    • 386 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Kudler offers parties in the store. These parties show customers how to prepare food by renowned chefs and even Kathy Kudler, the company 's owner. The purpose of the parties is to pull customers into the store and have these customers purchase the food used to prepare the dishes in the party. The company will need to research the effectiveness of the parties.…

    • 839 Words
    • 4 Pages
    Better Essays
  • Better Essays

    Steps for Mindset

    • 1045 Words
    • 5 Pages

    the Business of Your Life and the Life of Your Business, 1e. Retrieved from ecampus.phoenix.edu.…

    • 1045 Words
    • 5 Pages
    Better Essays
  • Good Essays

    In September of 2014, my partner Asli, and I, two high-school seniors, decided that people should have a choice between Chipotle burritos and cafeteria pizza that tastes like it endured a nuclear fallout. Starting with surveys, we determined whether there would be demand for a service that delivered burritos instead of cafeteria food, and if so, how much extra people would be able to pay. We prepared extensively, creating several worksheets to track income and expenses, and created an online form that would take in people’s order. It was also possible to delegate our tasks to design a logo and reduce costs. Within a few weeks, we started our business FeedMe, a service which took online orders for burritos and delivered them during the school day (during our free periods). Demand for the service skyrocketed.…

    • 689 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Gap Inc

    • 1471 Words
    • 6 Pages

    Lawrence, Anne T. and Weber, James. Business And Society 12th Edition McGraw-Hill Irwin publishing. 2008…

    • 1471 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Gain Richard Powers

    • 1753 Words
    • 8 Pages

    In Richard Powers’ novel, Gain, he intertwines two fictional stories to analyze the growth of large corporation in America and the deterioration of the individual as a potential result. He tells the story of the rise of a family soap making business, J. Clare and Sons, into a large-scale corporation over a span of 150 years. As a second story line, he incorporates the end of the life of Laura Bodey, a divorced real estate agent with ovarian cancer living in Lacewood, a town centered around the corporation’s headquarters. He makes a unique statement about the increasingly detrimental nature of business as it grows in scale. He never condemns Clare International nor does he overly-victimize any individual character that the corporation effects. He does not tell the story of J. Clare and Sons nor that of Laura Bodey perfectly objectively, but his opinions are subtly placed so that he leaves the reader with the ability to decide for themself whether or not current American businesses do more harm than good. He uses the characters of the two founding members of Clare International as tools to analyze the different elements and theories of capitalism and different motives for gain. He also uses the death of many characters in the novel to analyze the effect that the swelling growth of corporations has on individuals in its path.…

    • 1753 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Maxwell, J. C. (2003). Thinking for a change: 11 ways highly successful people approach life and work. New York: Warner Books.…

    • 2343 Words
    • 10 Pages
    Powerful Essays