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Detailed text transcripts for TV channel - CNN - 20110206:21:27:00

The biggest short and medium term danger and we ve got to remain steadfast in those investments. i think we re all agreed on what shouldn t happen and how we need to keep competitive. great to see you all s well. thanks for a great, robust discussion. another major tax cut could be on the way. if you think it s more money in your pocket, think again. i ll explain after this. but first, outsourcing is a cheaper option for many businesses. in this week s turnaround, hear how one woman says keeping her work in house turn out to be the most profitable move. reporter: what do you do if you can t find cute, personalized gifts for your friends having babies? if you re cindy mcgowan, you start a company online that does just that. welcome to mak-a-boo. tie whole point is that you re booking boos. a lot of kids call their blankets or play things boos. reporter: after working for snapfish, cindy knew how to build a great website but knew nothing about embroidery. so my original plan ....

Shouldn T , Tax Cut , Maka Boo , Cindy Mcgowan , Booking Boos ,

Detailed text transcripts for TV channel - CNN - 20110206:21:28:00

Outsource that portion of the business. reporter: within months of her 2009 launch, she had a hiccup with the embroidery company. it quit. when the embroidery company backed out, what was the first thing you did? i mean, words that i can use on television are i really panicked. my first thought was, let s replace the partner. i realized, you know what? we should just bring it in house. reporter: doing the sewing herself, leasing a $15,000 embroidery machine. all of a sudden we were starting two businesses instead of one. we were starting an online retailer which i sort of know how to do and starting an embroidery provider which i knew nothing about at all. reporter: she says this was the best thing for mak-a-boo. in hindsight there s no way we could do what we do not doing the embroidery on ourself. it s always on our watch. reporter: to keep growing, cindy s used groupon and even gone hollywood. we ve joined a celebrity ....

Embroidery Company , Dit Quit , White House , Leasing A , Embroidery Machine , Embroidery Provider , Celebrity Gifting Program , Cindy S , Maka Boo ,

Detailed text transcripts for TV channel - CNN - 20110205:18:27:00

What shouldn t happen and how we need to keep competitive. great to see you all s well. thanks for a great, robust discussion. another major tax cut could be on the way. if you think it s more money in your pocket, think again. i ll explain after this. but first, outsourcing is a cheaper option for many businesses, hear how one woman says keeping her work in house turn out to be the most profitable move. reporter: what do you do if you can t find cute, personalized gifts for your friends having babys? if you re cindy mcgowan, you start a company online that does just that. welcome to mak-a-boo. a lot of kids call their blankets or play things, boos. reporter: after working for snap fish, cindy knew how to build a great website but knew nothing about embroidery. so my original plan was to outsource that portion of the business. reporter: within months of her 2009 launch, she had a hiccup with the embroidery company. ....

Tax Cut , Shouldn T , Maka Boo , Cindy Mcgowan , Snap Fish , Embroidery Company ,

Detailed text transcripts for TV channel - CNN - 20110205:18:28:00

It quit. what was the first thing you did? i mean, words that i can use on television are i really panicked. my first thought was, let s replace the partner. i thought, just bring it in house. reporter: doing the sewing herself, leasing a $15,000 embroidery machine. suddenly we were starting two businesses instead of one. an online retailer which i sort of now how to do and an embroidery provider which i knew nothing about at all. reporter: she says this was the best thing for mak-a-boo. in hindsight there s no way we could do what we do not doing the embroidery on ourself. it s always on our watch. reporter: cindy uses groupon and even gone hollywood. we ve joined a celebrity gifting program so when new babies are born in hollywood to celebrity parents we send mak-a-boo gifts to them. i cannot imagine having a day ....

Dit Quit , White House , Leasing A , Embroidery Machine , Embroidery Provider , Maka Boo , Celebrity Parents , Celebrity Gifting Program ,