How She Built a Million-Dollar Empire Selling Giant Scissors
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How did a pair of rusty desk scissors inspire a million-dollar business?
I'm addicted and obsessed with achievement and I don't know what's wrong with me. But if I'm not doing that, I'm not happy. But yet I reach a point where I want to help other people become motivated and excited about achieving success as well. Like the joy is the journey. And if you're not enjoying the journey, then what's the point of doing it?
Kimberly Baith is an innovative, resilient, and visionary entrepreneur and the founder of Golden Openings. Known for building a global ceremonial products company from the ground up, she now helps entrepreneurs grow through cutting-edge success.
I'm the type that will jump off a cliff, take a risk, and figure it out on the way down. But if you don't do that, you're not going to make anything happen. That is my why. That is why I live. That is why I get up in the morning. That's all. Hopefully that's what you want to hear and that's what I live and breathe and dream for. That's what makes me happy.
Money is good and it's fun in the end, but that's not what motivates me. Today, Apple is going to reinvent the phone. It's not over until I win. The Living Your Legacy podcast for those who live to leave a legacy.
That's extraordinary.
What risks did Kimberly Baeth take to build her empire?
The impossible. Oh, that is sensational. Open. Chicago was the lead. You said Paul is the fastest man on the planet. You can live your dream.
Welcome to another episode of Living Your Legacy podcast. For Inside Success, I am Ray Gutierrez. Joining me today is another maker of legacies. I have her card here. She is the president of Cutting Edge Success, Kimberly Bathe. Kimberly, how are you? Great, thanks. I'm happy to be here. And it's an honor and a privilege to be a part of your series and your show and your podcast out of all those celebrities and famous people. It's just an honor to be one of them that I can share my story and hopefully inspire others to go on and do the same great things and help the world grow. make a difference. Kimberly, your story is quite unique because you literally, let's talk about the first company you sold. Folks like to inaugurate open things and they do a big spiel.
You've got gender reveals on your right, and then you've got ribbon cutting ceremonies on your left.
How did Kimberly find her unique niche in the ceremonial products market?
You, my love, are literally the giant scissors to set ribbon cutting ceremonies. If there wasn't any product market fit better than this, I don't know what is. Talk about this journey, Kim. That's correct. So ribbon cuttings existed. I can't take the credit for inventing ribbon cuttings. So you are right. I am not that good. But there were no props. There was no magic. There was nothing behind the scenes to make it happen. And I worked at the North Hennepin Chamber of Commerce out of college. I thought I wanted to be a radio or a broadcast TV anchor. And my journalism teacher told me I was much too animated, much too pretty, much too... you know, charismatic and creative to do that. Plus he said, you'll never make any money.
So I went home crying that night and said, okay, my hopes and dreams are squashed. What am I going to do with the rest of my life? So look at her now. And I said, okay, fine.
What challenges did Kimberly face while scaling her business?
Then I'm gonna take a job at the Chamber of Commerce. And luckily it was fun. I always like to be in the know of what's going on in the city and what's going on, but not quite like the political stuff, not elected positions, but it was perfect. And so they would send me off to ribbon cuttings with my desk scissors, all rusty and gross, a little hair bow ribbon, no wider than this and say, go make magic happen. Well, sometimes nobody came. Sometimes there was no food. And and I'd be like, this is awful. I'm responsible for this. And then I was supposed to ask them to join the chamber because I was a membership director. I'm like, oh, my God, I'm so embarrassed. So I asked my dad to construct a three foot pair of scissors with razor blades that met and they were the talk of the town.
And I was in Minneapolis at the time. And General Mills wanted a pair with all their logos on them, with their surreal logo. 3M wanted a pair. Target wanted a red and white pair.
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Chapters
8 chapters
1
How did a pair of rusty desk scissors inspire a million-dollar business?
0:00–1:30
2
What risks did Kimberly Baeth take to build her empire?
1:30–2:32
3
How did Kimberly find her unique niche in the ceremonial products market?
2:32–3:30
4
What challenges did Kimberly face while scaling her business?
3:30–4:33
5
Why is customer experience crucial in building a successful business?
4:33–5:21
6
How did Kimberly's mindset contribute to her entrepreneurial journey?
5:21–5:52
7
What legacy does Kimberly aim to leave through her mentoring efforts?
5:52–6:51
8
What lessons did Kimberly learn from selling her business at its peak?
6:51–22:54
Speakers
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