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Finding success in a tough economy
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Small business spotlight: Thomas Fuchs on how the economy is effecting the market for decorative glassware
- Duration 5:01
- Date Oct 11, 2012
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Small business spotlight: Thomas Fuchs on how the economy is effecting the market for decorative glassware
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Welcome back to on the -- foxnews.com.
-- small business spotlight is new segment we're going to be doing it yeah.
Put the spotlight literally owned small businesses that someone doing fabulously.
Right some are obviously struggling it's been a tough.
Few years for everybody in business -- joined right now in the studio by Thomas hits we've creative director with Thomas Fuchs creative.
Tell -- festival what do you create -- he was about it.
Right now are creating bar where.
So it's champagne buckets drinking glasses.
Drinks terrorists that sort of thing right so all kind of a -- scale panic you do you think these things as well these beautiful butterflies -- those replace -- societies are drinking glasses.
I've worked with glass and worked in Murano Italy for about twenty years now some very familiar with class -- -- huge Venetian glass chandeliers and this year launched company's retail.
Bar where.
So I still do the chandeliers that still do big installations.
And that's of people know me for right the bar whereas when I launch this year I launched its a year ago it exactly.
And our first -- Barneys New York.
Bodies and that's not too -- a second class acts of avenue of their lives Neiman Marcus and it's that's been a roller coaster -- -- sold out five times this year wow I just got a dead beautiful -- -- risen much on this so.
Did -- that was giving -- question business.
How does this just.
Good -- -- yeah it's just trying to keep up our biggest problem which is a -- -- problem I have is keeping up the demand and so we've placed orders at the factories and -- generated by the time that order arrived attorneys all right what's what got you into -- in the first place looking costs.
Like a furniture designer by -- -- nanos were due for a large company and they wanted to work with -- so I went to -- and -- everything I could about Murano glass and I found -- -- that -- magic basically one -- at -- -- and -- And the next day it's an object -- and as a designer.
It's immediate gratification.
Right to make a -- hot.
Reuse -- you still doing it.
Hands on you actually create a sultan and do -- I was just I was just Enron and Italy a week ago might -- is that I worked with.
Some obviously do -- a little bit better than I do.
And -- by -- side and now the whole time people always ask me advice about going to Venice and I never know because I spent all day -- factory do you feel guilty of doing so well.
-- -- -- This is struggling in this environment.
No because my goal is to make my business successful so I can bring people and I'm starting to hire people which is a really amazing thing especially hiring people that are talent and I'm designing people -- hiring people that are in the design world and can draw.
And I think that's a gift that -- -- live has the hiring going because we also hear.
People saying all the time that they cannot find.
That the people with the correct training in the -- the right skills are you doing okay without errors and I am and I actually I almost prefer of people that have some.
A little bit of background in the design business but I don't want somebody to come in with that you -- -- that I have as the head designer -- So it.
I I really killed following -- earlier in the -- and I -- carries yes seven or -- so what's next Q how do you keep expanding but it was.
Like -- in the top stories are just amazing and we're starting to be in smaller but beat the high end boutiques like HB home.
And tables there a local high and boutiques and ends.
-- talks with -- -- Macy's and that's what what we did is when my partner and I launched this business.
We did a very comprehensive five year business plan.
Painstakingly -- and it's also as a designer turned out to be beautiful with the charts and graphs and all of that and we stuck to it and if you take that business plan.
It says your first or is going to be Barneys -- segment with windows so I guess we have pretty high expectations from the beginning -- if anybody sitting at.
That -- watching you listening to your story thinking about setting up a small business and really biting the bullet and doing it.
What's your won the major piece of advice of.
My advice would be to talk to everybody.
And there's a tremendous amount of resources out there.
Our offices are based in New Jersey and we work with scorers with -- a local program where there is retired business people.
That meant Terry Young business people.
And they give great advice and that has been big and it's just like is that talk to everybody knows talked to the person on the plane sitting next to see you know everybody can help you.
And also talked everybody in regards to what questions they have about their business because that also helps Narnia as our website -- all used to go check Kendall yeah it's TFC.
Thomas speaks created and dash NYC TFC.
Dash analyze it narratives.
I'll go check it actually they are really some just.
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