{"id":603,"date":"2015-07-30T17:50:02","date_gmt":"2015-07-30T17:50:02","guid":{"rendered":"http:\/\/www.peterstromquist.com\/?p=603"},"modified":"2015-07-30T17:50:02","modified_gmt":"2015-07-30T17:50:02","slug":"kims-key-lime-cookies","status":"publish","type":"post","link":"http:\/\/www.peterstromquist.com\/?p=603","title":{"rendered":"An Inspirational Entrepreneur"},"content":{"rendered":"<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\"><a href=\"http:\/\/peterstromquist.com\/wp-content\/uploads\/2015\/07\/sales-graph-1.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignleft size-medium wp-image-604\" src=\"http:\/\/peterstromquist.com\/wp-content\/uploads\/2015\/07\/sales-graph-1-300x204.png\" alt=\"Kim's Key Lime Cookies\" width=\"300\" height=\"204\" \/><\/a>I have dealt with dozens, if not hundreds of entrepreneurs, on five continents, during the course of my career. A disturbingly high number of them don&#8217;t really understand the basics of business, they have an idea for a product or service, or are maybe in a test stage, but there are some fundamentals not in place for growth.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">Thankfully, those kind of people are why I was able to make a pretty fair living.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">Rarely\u00a0do I\u00a0run into a founder\/start-up who really \u201cgets it\u201d and has all the bases covered, but there&#8217;s a woman in Indianapolis that fits that profile \u2013 Kim Harvey.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">When she set off for college, Kim knew she was going to be an entrepreneur, even if she hadn&#8217;t narrowed the selection of segments that she wanted to be a part of. After graduation, she set out to earn some money, did, socked it away, and used it to start her first venture.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">Kim came from a long line of successful home cooks, including her grandmothers, mother, and aunts, so she was surrounded by cooking and baking of all ilks since she was a sprout \u2013 and made her first Key lime pie when she was 14. She loved the subtle and intricate flavor Key limes imparted to confections.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">Moving to Chicago, she created <a href=\"http:\/\/www.kimskeylimecookies.com\/index.html\">Kim&#8217;s Key Lime Cookies<\/a>, in two different varieties, powdered sugar dusted and dipped in white chocolate, located a commercial baker to work with, a company to design and manufacture custom cookie tins, and samples in hand, headed out to the Fancy Food Show in San Francisco.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">She was placed in the \u201cnew products section\u201d of the trade floor, scored early and big, with orders from Nordstroms, Macy&#8217;s and other outlets. Today the company is debt free and growing, with direct sales online, and retail outlets like Stein Mart, TJ Maxx, Home Goods, and Marshalls. Her immediate goal is to get major lux hotel chains and cruise ships to include them as in-room perks.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">I have no doubt she&#8217;ll succeed.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">While I usually give advice to start-up founders, to \u201cfocus, focus,\u201d Kim had some slow periods with the cookies and was looking for a product to even out the peaks and valleys of sales, and particularly wanted something suitable for infomercial sales.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">Wanting to fill a void in product availability, while staying in the cooking segment, Kim started experimenting with ways to cook burgers in a microwave, have them come out tasty, with great texture and browned.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">She played with different materials found in the home, before hitting on a design that worked with the microwave, a tool that would hold four burger patties, cook them and not have spatter all over the inside of the microwave as a result. \u00a0The utensil also provided for fat drainage, resulting in a healthier burger.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">When she thought she had the design down, she made some drawings, went to a cad company for the pics of the final specs, and then to a model building company for some prototypes.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">Prototypes led to manufacturing molds, molds led to manufacturing, manufacturing led to a patent application (since granted) and the <a href=\"http:\/\/www.kimskeylimecookies.com\/kitchen-cookware.html\">Microwave Magic<\/a> line of cooking utensils was born. <\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">The marketing push is on, the cookware is destined for the TV shopping channels and other distribution outlets. <\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">Is Kim done creating and marketing products? Or course not. As she looks around the house, where others see problems, Kim sees solutions, and creates a product to fill the void. A new yard tool is next in the queue.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">There&#8217;s so much venture capital available for tech (and apparently coffee shops and burger places), but it&#8217;s hard to find for consumer products. This is a small deal that could be a substantial venture some day with the right money guys behind it.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: medium;\">Kim&#8217;s \u201ccan do\u201d attitude and tenacious manner of making it through all the steps to get products to market, without having the experience, is just amazing, and she&#8217;s a great role model for entrepreneurs everywhere.<\/span><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<br \/>\nKims Key Lime Cookies<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have dealt with dozens, if not hundreds of entrepreneurs, on five continents, during the course of my career. A disturbingly high number of them don&#8217;t really understand the basics of business, they have an idea for a product or service, or are maybe in a test stage, but there are some fundamentals not in&hellip; <a class=\"more-link\" href=\"http:\/\/www.peterstromquist.com\/?p=603\">Continue reading <span class=\"screen-reader-text\">An Inspirational Entrepreneur<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10,23,1,33],"tags":[3231,3319],"_links":{"self":[{"href":"http:\/\/www.peterstromquist.com\/index.php?rest_route=\/wp\/v2\/posts\/603"}],"collection":[{"href":"http:\/\/www.peterstromquist.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.peterstromquist.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.peterstromquist.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.peterstromquist.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=603"}],"version-history":[{"count":0,"href":"http:\/\/www.peterstromquist.com\/index.php?rest_route=\/wp\/v2\/posts\/603\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.peterstromquist.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.peterstromquist.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=603"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.peterstromquist.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}