let's give lerna a shot

.storybook/config.js

@@ -2,7 +2,7 @@ import React from 'react';
 import { configure, addDecorator } from '@storybook/react';
 import { setOptions } from '@storybook/addon-options';
 
-import CssJail from '../src/CssJail';
+import CssJail from '../packages/CssJail';
 
 setTimeout(() => setOptions({
   name: '💎 PARAGON',
@@ -10,7 +10,7 @@ setTimeout(() => setOptions({
   showDownPanel: true,
 }), 1000);
 
-const req = require.context('../src', true, /\.stories\.jsx$/);
+const req = require.context('../packages', true, /\.stories\.jsx$/);
 
 addDecorator(story => (
   <CssJail>

.storybook/webpack.config.js

@@ -23,8 +23,8 @@ module.exports = {
             options: {
               data: '@import "paragon-reset";',
               includePaths: [
-                  path.join(__dirname, '../src/utils'),
-                  path.join(__dirname, '../node_modules'),
+                path.join(__dirname, '../packages/utils'),
+                path.join(__dirname, '../node_modules'),
               ],
               sourceMap: true,
             },

lerna.json

+{
+  "lerna": "2.1.0",
+  "packages": [
+    "packages/Button"
+  ],
+  "version": "independent"
+}

package.json

@@ -2,7 +2,6 @@
   "name": "paragon",
   "version": "0.0.1",
   "description": "Accessible, responsive UI component library based on Bootstrap.",
-  "main": "src/index.js",
   "author": "arizzitano",
   "license": "MIT",
   "scripts": {
@@ -51,6 +50,7 @@
     "husky": "^0.14.1",
     "identity-obj-proxy": "^3.0.0",
     "jest": "^21.0.1",
+    "lerna": "^2.1.0",
     "node-sass": "^4.5.3",
     "postcss-scss": "^1.0.1",
     "react-router-dom": "^4.1.1",

packages/Button/package.json

+{
+  "name": "@edx/button",
+  "version": "0.0.0",
+  "description": "Accessible button component from edX's Paragon library",
+  "license": "MIT",
+  "dependencies": {
+    "bootstrap": "4.0.0-alpha.6",
+    "classnames": "^2.2.5",
+    "prop-types": "^15.5.8",
+    "react": "^15.5.4"
+  }
+}

packages/Dropdown/package.json

+{
+  "name": "@edx/dropdown",
+  "version": "0.0.0",
+  "description": "Accessible dropdown component from edX's Paragon library",
+  "license": "MIT",
+  "dependencies": {
+    "bootstrap": "4.0.0-alpha.6",
+    "classnames": "^2.2.5",
+    "prop-types": "^15.5.8",
+    "react": "^15.5.4"
+  }
+}

src/index.js

-import Button from './Button';
-import CheckBox from './CheckBox';
-import Dropdown from './Dropdown';
-import InputSelect from './InputSelect';
-import InputText from './InputText';
-import Tabs from './Tabs';
-
-export {
-  Button,
-  CheckBox,
-  Dropdown,
-  InputSelect,
-  InputText,
-  Tabs,
-};

webpack.config.js

@@ -52,7 +52,7 @@ const base = {
             options: {
               data: '@import "paragon-reset";',
               includePaths: [
-                path.join(__dirname, './src/utils'),
+                path.join(__dirname, './packages/utils'),
                 path.join(__dirname, './node_modules'),
               ],
             },