5 Questions - MIMO Market
Located in the heart of Wynwood, MIMO Market is a clothing and accessories boutique. The store features everything from locally made jewelry to witty graphic tees, as well as an amazing living plant wall.The reasonably priced merchandise makes MIMO Market a perfect spot to get a unique present or a treat for yourself! The Modern Local spoke to owner's Lisa Tam and Leilani Sanchez and asked them to give us some advice on starting your own business. Read on to find out what they had to say! Why did you want to open your own business?
We both have always had the entrepreneurial spirit within us. For a long time the idea of owning our own business was just something we would talk about here and there but never really took it seriously. At that time we both were working in the fashion industry and had great careers so the idea of opening a store was put to the side. After working in the corporate world for a few years we found that we still wanted something more. Working in the industry with women who have achieved high levels of success in business was a big inspiration for us. Owning a business became one of those things that if we didn’t do it we would regret it. We wanted to take a chance on working and pursuing something we were passionate about.
What is the best part of being your own boss?
We love that when we have an idea or vision we can just make it happen. There is no presentation or special sign off that we need to get approved from a supervisor, we can just do it!
What has been your biggest challenge and how did you overcome it?
The initial steps you need to take to open a business was a great learning experience for us. Figuring out what permits we needed, how to get them, and hiring contractors were a few of the many things that we had to research. Through the power of Google, our local business neighbors, and many trips to the city we managed to obtain the resources we needed to officially begin operating.
What is the best piece of advice you would give to someone who wanted to start their own business?
Write a business plan! Our business plan was essential in guiding us to how we wanted to grow and develop as a business. Research as much as you can and don’t be afraid to ask questions or advice from other business owners.
We love Wynwood! The local vibe is great and the street art never gets old for us. You’ll always find us getting a juice, grabbing tacos, or enjoying drinks with friends here.
MIMO Market is located at 2619 NW 2nd Ave Miami FL, 33217. They are open M-S 11 am - 8 pm