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A cluttered house paid off 2 of 7

100 fastest growing inner city businesses


Company: The Macbeth
I have jobs, but no one wants them
Collection
Location: Dayton, N.J. Friendliest states for small business

Annual sales: $26 million


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Dress designer Margaret
job title or company location
Josephs decided to be a full-
time mom soon after having Accounting jobs Engineering jobs
Finance jobs Management jobs
her son in 1996. "I couldn't Marketing jobs Sales jobs
take being away from him,"
she said. At the time, Josephs was also looking after her three SEE ALL JOBS

stepchildren.
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"My home was cluttered all the time. I decided I needed a storage
solution," she said. And while she was at it, she decided to start a
decorative storage products business.

In 1998, Josephs pursued her first idea -- decorative metal


buckets. She went to Home Depot, bought a few plain metal
buckets and painted them. She supplied 20 to a local store. "They
sold out in two days," she said. "I thought I was on to something."

Josephs expanded from buckets to painted and decoupage trays,


and other home accessories. A year later, orders were coming in
so quickly that Josephs recruited her nanny and others in the
neighborhood to make the products.

In 2000, she got her first big order, $40,000, and the business
"exploded," she said. Two years later, "The Macbeth Collection" --
a name she picked because it sounded regal -- crossed $1 million
in sales.

Her business today generates about $30 million from licensing


agreements and direct sales. Her products are sold in major retail
stores such as Barnes & Noble, Bed, Bath & Beyond, and soon in
Target.

While she's enjoying her success, Josephs admits it's been hard
to juggle being a mom and an entrepreneur. She's made it work
because "women are amazing multitaskers," she said.

Her now 16-year-old son is "so proud," she said. "He calls me the
'Rock & Roll Martha Stewart.' "

NEXT: Mom stared adversity in the face

BY PARIJA KAVILANZ @CNNMONEY - LAST UPDATED MAY 13 2012: 8:20 AM


ET

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