I’m back in the trenches!
We sold one of our ecommerce brands back in 2019, and I’ve been itching to get involved in something again for quite some time.
Today, I’m excited to share with you my recent experience in buying a new ecommerce company.
Joining me for this episode are my good friends and business partners, Andrew Youderian and Bill D'Alessandro, whose insights are valuable to ecommerce newbies and experienced business owners alike.
Andrew is the Managing Partner of ECF Capital, which is tailored to helping small e-commerce businesses grow. He also hosts the awesome eCommerce Fuel Podcast.
Bill is the Founder and CEO of Elements Brands, which invests in brands with long-term potential and currently boasts a rich portfolio of consumer products companies.
In this episode, we dive into how this opportunity came about and all the hurdles we overcame to finally seal the deal. We also share a bunch of funny stories that you’ll surely get a kick out of.
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I’m thrilled to be in business with Andrew and Bill, and I’d be happy to share more updates about this business with you guys in a year’s time.
If you’re looking to grow your ecommerce business and get some long-term funding from experts in the industry, check out ECF Capital.
Did you enjoy this episode? Don’t forget to help us out by leaving a review over on iTunes.
Until the next one, happy selling!
Ever felt like you have waaay too much on your plate?
So have I, and so have a lot of other entrepreneurs.
Making the best use of your time and staying productive are essential ingredients for success in e-commerce. Which is why today, we’ll be talking about productivity hacks with Chris Bello.
Chris has a wealth of knowledge in supply chain management and he hosts the Entrepreneur Motivation Podcast, which is tailored to productivity mindset and optimizing your day-to-day processes.
He also runs his own personal brand and he deals in real estate all over the US.
In this episode, Chris and I talk about some common challenges that e-commerce business owners, particularly solopreneurs, face. We then share some productivity hacks that help us stay focused on our goals, get the most value out of our time and energy, and scale our business without ending up feeling miserable.
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I had a blast having Chris on the show and I’m excited to try out his time hacks. If you want to dive into his productivity-driven content, head over to his website, hit him up on Instagram, or connect with him on Clubhouse.
What are some of your personal productivity hacks? Let us know and don’t forget to leave us a review over on iTunes if you enjoyed this episode.
Until the next one, happy selling!
Between new COVID strains and Reddit revolutions, 2021 has been a crazy year—and we’re only barely a month in!
E-commerce is no exception to all this madness, as there seems to be a crazy trend of huge rollup companies gobbling up small Amazon FBA businesses.
The rollup strategy is when a company looking to put its large capital to work merges and consolidates a bunch of small companies, aiming to make profits through economies of scale.
In this episode, Dave and I talk about how the rollup model works, its potential benefits to investors and to e-commerce sellers looking to exit, and the risks that come with it.
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There’s no telling which way this rollup trend goes, and it would be interesting to revisit this episode with Dave in a few years to see how right (or how off base) we were. For the meantime, stay ahead of the curve with our guide on How To Sell Your Ecommerce Company For Top Dollar.
Speaking of making the most out of your e-commerce business, don’t forget to sign up for our Import From China Like a Pro Webinar this February 17, 2021 at 10 AM (PST). In this free public webinar, we’ll be talking about how to find suppliers without getting scammed, staying ahead of the competition, and everything in between.
Did you like this episode? Leave us a review over on iTunes so we can make more great content for e-commerce sellers.
Until the next one, happy selling!
Sebastien Taché was our guest for Under the Hood back in E187, where we talked about saving on high-quality content for SEO, developing a product in a competitive niche, and then some.
Today, Sebastien is back to share how his business has done after our first 1-on-1 coaching session more than a year ago.
In this sequel episode, I share a lot of things that helped me grow my own ecommerce brands, which you can apply to your business as well.
We talk about things like the benefits of hiring a full-time content writer, branching out into a new industry and importing from China, along with a lot of other stuff that hopefully enables Sebastien to leave his full-time job and reach his ultimate goal in ecommerce.
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I had a great time talking with Sebastien and I’m excited to welcome him back for a third instalment to this Under the Hood series a couple of years from now. If you want to schedule an hour-long coaching session and get featured in a podcast episode, make sure to sign up for Under the Hood.
We talked a bit about importing from China in this episode, but if you’re looking for the nitty gritty of sourcing products from China, check out Import From China Like a Pro, our brand new book that lays out the blueprint for building a profitable business of importing from the factory of the world.
If you like this episode, make sure to leave us a review over on iTunes so we can help more e-commerce sellers grow their business.
Until next time, happy selling!
As ecommerce sellers, we want nothing more than to grow our business and maximize our profits, but sometimes, the opposite can also be true.
David Wilson, who was a previous guest in our Under the Hood segment, is trying to downshift his business and transition it into a stable side hustle to support his personal hobbies.
In this episode, I give David some valuable advice on how to keep his business chugging along as a lifestyle business. We talk about why it’s still important to seek new opportunities and to streamline your ecommerce business, even though you’re running it on the side.
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I’d like to thank David for coming back to the podcast and I’m excited to learn how his lifestyle business does in a couple of years.
If you want to schedule a 1-on-1 coaching session and be featured in a podcast episode, head over to our Under the Hood sign-up page.
Looking to step up your e-commerce game? Look no further than Dave’s book, Import From China Like a Pro. It is packed with everything you need to know about sourcing e-commerce products from China—and it’s yours for free (just pay for shipping, the book is on us).
If you enjoyed this episode, don’t forget to leave us a review over on iTunes, it helps more than you know!
Until the next one, happy selling!
About eighty percent of the most popular classical music comes from only twenty percent of all the composers. When working out, twenty percent of the exercises account for eighty percent of the muscle you gain. This is known as the Pareto principle or the 80-20 rule.
In e-commerce, 80 percent of your sales often come from only 20 percent of your entire product line.
In this follow-up Under the Hood session with Nic Dillon, we break down the 80-20 rule and discuss why focusing on a few best sellers is much easier—not to mention more profitable—than handling a lot of SKUs.
Nic runs Old Delhi Music, a company that sells traditional Indian musical instruments like sitars and harmoniums.
In this episode, we also talk about how he got past the mom-and-pop manufacturing industry of India in order to scale his business, how his company fared during a year of COVID, and how to manage an offshore team.
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I’d like to thank Nic for coming back to the show. Check out his awesome collection of high-quality, handcrafted Indian instruments at Old Delhi Music.
To sign up for an hour-long coaching session and be featured on the podcast, head over to our Under the Hood registration page.
Nic and I talked a bit about how sourcing from China is, in many ways, much easier than sourcing from India. If you’re looking to master the art of importing from the world’s factory, grab a free copy of Dave’s book (pay only for shipping!), Import From China Like a Pro.
Did you like this episode? Give us a pat on the back by leaving us a review over on iTunes.
Until the next one, happy selling!