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The Knitrepreneurs Episode 9: The Lipstick Index

The Knitrepreneurs #9: The Lipstick Index

In this week’s episode of The Knitrepreneurs, we discuss how the Lipstick Index relates to our yarn craft industry. In Australia, mortgages have increased significantly, cost of electricity and other essential items are going up, and the cost of living is expected to continue to rise into the new year. How might this affect the purchasing power of knitters and crocheters? And how could we respond to this challenging market using what we know about the Lipstick Index?

Monogamous knitting is not for me

Who said “Thou shalt not have other WIPs”? ​Who told the virtuous knitter this was the high road and promised her eternal rewards if she can avert her gaze from other plump yarns and shiny tools?

The Knirepreneurs

When is your hobby not a hobby, but a business?

The dangers of running your business as a hobby could be the simple annoyance that you now have ten crochet Cinderella dolls filling your spare room. But it could also mean legal or financial troubles or a terrible rift in a friendship because you didn’t abide by terms and conditions or you didn’t bother to clearly outline them in the first place.

This week the Knitrepreneurs consider: When is your hobby not a hobby, but a business?

The knitrepreneurs weekly podcast

Why The Knitrepreneurs? We’re a bit different…

There are a LOT of knitting podcasts out there. Does the world really need another one? What makes The Knitrepreneurs different from all the others? Our point of difference is that we cut the crusts off business concepts and serve them to you in knitter-friendly serving sizes. We aren’t business gurus, but what we do know, we’ll share, and welcome others add their insights. And, if you are an indie dyer, a knitting pattern designer, a crochet tutor, a yarn store owner, or aspire to be any of these things, this is the podcast for you.

Veterans and Virgins alike

Every significant journey begins with a party: casting off for a Viking adventure or casting on for a Mystery Knit Along. This one party was enjoyed by MKAL Virgins and Veterans alike.

Image (by Jacie Davis Photography) is of West Knits MKAL Veterans who attended the Cast on Party at Pirate Life Brewing, in Port Adelaide, South Australia, hosted by Yarn Trader.

New York = new knitter

“Life changing” is a phrase that gets bandied about a little too often…but Pru reflects on five tangible ways attending Vogue Knitting Live in New York in Jan 2020 changed her life, and made her the knitrepreneur she is today.

Image is of a chance meeting in the VLK Marketplace of designer Olga Putano and Pru, wearing one of Olga’s knitwear designs.