[Congressional Record Volume 159, Number 87 (Tuesday, June 18, 2013)]
[Senate]
[Page S4582]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
RECOGNIZING THE NEHEMIAN
Mr. RISCH. Madam President, during Small Business Week it is
important to recognize the ingenuity of small business owners who take
a leap of faith and invest in an idea in order to make their dream of
being an entrepreneur a reality. I rise today to honor The Nehemian of
Buhl, ID, a small business that has shown over the course of 25 years
in business that they can take chances and survive in this economic
climate.
Over 26 years ago, Nancy Tyrrell and her husband, Ed, opened The
Nehemian, a shop that sold antiques and offered custom picture framing.
But after years of being in business, the Tyrrells wanted to expand
their services and increase their sales. Tyrrell began designing custom
key fobs which depict Idaho points of pride, including the Boise State
Broncos and the University of Idaho Vandals. As a result of this risk
to produce and market new product, The Nehemian found great success in
the sale of these local treasures.
Tyrrell has faced her share of entrepreneurial challenges. After a
$25,000 loss on a project, Tyrrell considered going back to teaching
instead of continuing as a small business owner. But her love for the
creative opportunities her business provided convinced her that she
wouldn't be happy doing anything else. Instead of giving up, Tyrrell
rededicated herself to her store and sought to expand into an untapped
market. Her custom key fobs are manufactured by Silver Creek Mint,
another local business located in Buhl and where her son is employed.
Tyrrell licensed both the Boise State Bronco and University of Idaho
Vandal key fob with Collegiate Licensing Co. in order to sell to a
market in which she recognized a demand for her product. After only 6
weeks of selling her custom key fobs, Tyrrell had recouped two thirds
of her investment. Currently, The Nehemian sells 12 different
variations of key fobs. There is even a Great Seal of Idaho key fob
which is sold at the Idaho State Capitol gift shop. Tyrrell also offers
key fob design services to large companies to commemorate special
milestones.
Though The Nehemian is a small company, they have learned to manage
their resources well and expand their products. Nancy Tyrrell's
business has achieved a reputation of quality, as well as that of a
unique Idaho gem. I would like to recognize The Nehemian as an Idaho
Small Business of the Day based on their resiliency through hard times,
their willingness to take a risk and their creative spirit.
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