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Burning ambition: How Nicole Eckels created multimillion dollar candle brand Glasshouse Fragrances

ย  Nicole Eckels says she never aspired to own a fragrant candle business. But a fortuitous shopping trip planted the seed that would lead to the entrepreneur creating a $50 million business. ย  Eckels, co-founder of successful and popular brand of upmarket fragrant candles, Glasshouse Candles, shared her rags to riches story at a VECCI […]
Renee Thompson
Renee Thompson
Burning ambition: How Nicole Eckels created multimillion dollar candle brand Glasshouse Fragrances

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Nicole Eckels says she never aspired to own a fragrant candle business. But a fortuitous shopping trip planted the seed that would lead to the entrepreneur creating a $50 million business. ย 

Eckels, co-founder of successful and popular brand of upmarket fragrant candles, Glasshouse Candles, shared her rags to riches story at a VECCI Women in Business lunch in Melbourne on Thursday.

Glasshouse Fragrances and another fragrant candle business started by Eckels, Circa Home, are operated under the banner of the Sapphire Group, which employs more than 100 people and turns over $50 million each year.

Eckels, who hails from New York but moved to Australia in 2005 and co-founded Glasshouse Fragrances about a year later, told the audience her nine-year business journey started unexpectedly.

“I didn’t always aspire to have a fragrant candle business,โ€ she said.

But as one of four children in a family where money was โ€œalways tightโ€, Eckels says she had became fascinated with ways to make money from an early age, first selling hand-made bracelets, cookies and chocolates at school.

โ€œI was hooked. I was an entrepreneur and I loved the financial freedom that making money on my own gave me,โ€ she said.

In her early adult life Eckels pursued a marketing degree at university and found herself in the corporate world before her move to Australia in 2005, which saw her starting out all over again.

Missing the comforts of a nicer apartment, Eckels went into a David Jones store to replace a fragrant candle to make her abode fell more homely.

โ€œI couldn’t even smell it,โ€ she says of the candle she bought.

It was then Eckels realised there was a gap in the candle market โ€“ there was nothing good quality or locally made โ€“ and she set about quickly learning about how to start a fragrant candle-making business.

โ€œI knew there was something missing in this market and if I didn’t do it somebody else was going to do it and I had to move quickly,โ€ she said.

โ€œWe moved very, very quickly.โ€

The move was a good one. Eckels said in first five years, the companyโ€™s growth was in excess of 50% year on year.

To keep Glasshouseโ€™s market share, however, Eckels says she needed to do things differently โ€œto create a groundswellโ€ and her strategy was all about delivering a โ€œworld-class productโ€.

โ€œIโ€™m not concerned about what other brands are selling in homewares shops in Australia, it does not interest me,โ€ she says.

โ€œWhat interests me are what the best brands in the world are doing and how their product formed, and what product people are talking about. If our product delivers in the same way those products do… that means they’ll sell.โ€

Things came full circle for Eckels in 2010 โ€“ the year she started selling in David Jones, the store where she originally got her disappointing candle. Glasshouse candles are also stocked by sleepwear chain Peter Alexander and in other independent retailers across the country.

Looking to the future, Eckels said international expansion plans are a โ€œnatural thing we will be doing soonโ€, but for now it seems, her strategy is about getting it right on the domestic market.

Eckels left the audience with the following advice for small businesses:

1. Believe in yourself.

2. Surround yourself with people who have skills, but ask โ€œdo they share your vision?โ€

3. Sit on a board.

4. Be honest about skills gaps

5. Be โ€œeternally optimisticโ€

6. Donโ€™t overdose on research, โ€œyou still have to make the decisionsโ€

7. A bad leader can destroy a company

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SmartCompany attended the Women In Business lunch as a guest of VECCI