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Making It In The Toy Industry is your secret weapon for showing up like a pro in the toy and game industry.

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Entrepreneur Tips Azhelle Wade Entrepreneur Tips Azhelle Wade

Episode #127: Toy Lessons Learned From My First Fashion Company Part 2

The Toy Coach’s entrepreneurial journey didn’t start in toys, but instead it started in fashion. In 2012 Azhelle Wade, aka The Toy Coach created a fashion brand called Costumize Me. What started as a made to order costume company, evolved into a convertible event wear brand with the tag line 1 dress 100 ways to wear. This two part episode series details a toy designer’s entrepreneurial journey in the world of fashion. And because this is The Toy Coach podcast, every lesson learned and mistake made is packaged into a lesson that you can take and apply to your toy journey today.

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Entrepreneur Tips Azhelle Wade Entrepreneur Tips Azhelle Wade

Episode #126: Toy Lessons Learned From My First Fashion Company Part 1

The Toy Coach’s entrepreneurial journey didn’t start in toys, but instead it started in fashion. In 2012 Azhelle Wade, aka The Toy Coach created a fashion brand called Costumize Me. What started as a made to order costume company, evolved into a convertible event wear brand with the tag line 1 dress 100 ways to wear. This two part episode series details a toy designer’s entrepreneurial journey in the world of fashion. And because this is The Toy Coach podcast, every lesson learned and mistake made is packaged into a lesson that you can take and apply to your toy journey today.

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Entrepreneur Tips, Inventor Tips, NFTs Azhelle Wade Entrepreneur Tips, Inventor Tips, NFTs Azhelle Wade

Episode #125 The Impact of Entrepreneurial Resilience with Jeremy Padawer

Today’s podcast guest has been called The Godfather of Toys and is a social media icon in the collectors toy space. Jeremey’s journey in toys started at a clothing and toy store called Only Kids in Memphis, Tennessee. In today’s episode Jeremy provides advice on “making it” in the corporate toy world and what it takes to be an entrepreneur. You’ll learn the difference between collectibles both physical and digital, and yep that means we talk about NFTs! The consistent theme in today’s episode is resilience. We explore moments in Jeremy’s past where his resilience helped him move forward and we discuss the relationship between that never-give-up attitude and success.

If you’re at a place in your toy journey where you need a little inspiration to push you forward, listen to this episode. At the end of our conversation Jeremy shares two of the best pieces of advice he received in his career. The first helped him feel empowered when taking on a challenging new role, and the second prepared him for the man he is today. Ready for a little toyspiration from a major leader in the toy space? Tap play and give this episode a listen.

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Manufacturing, Product Development Azhelle Wade Manufacturing, Product Development Azhelle Wade

Episode #124: The Effect Of Skimpflation and Shrinkflation On Toy Creators

All across the globe we are seeing a massive increase in prices and reduction in quality. In fact it’s so prevalent, it has a few nicknames. Shrinkflation and Skimpflation are two practices of reducing the quality of goods and services to maintain margin, and reducing the actual contents of goods and quality of services while increasing the cost. The goal of cost reduction is typically to reduce cost without affecting overall aesthetic or playability. But when companies have to make up for 10% or more in lost margin, there’s no way around affecting the size and sometimes the quality of a product. As an inventor these monetary changes could affect the categories you focus on and as an entrepreneur or maker, it can affect the amount of components you need for your toy or game to stay competitive. If you want to maintain a cash-positive toy business you’ve got to look at the bottom line, and that means adjusting when margin and revenue take an unfortunate tumble.

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