Ecommercefuel: Build, Launch And Grow A 6 Figure Plus Ecommerce Business | Ecommerce Fuel

We all know there are two things that are certain in life: death and taxes. I’m excited to have my accountant, Mario Lucibello, join me today to talk about saving on taxes and tax strategies specific for entrepreneurs and business owners. We also chatted about something I wasn’t expecting that really opened my eyes to how we view and think about our money. Listen in as we dive into how to save on your taxes in many different circumstances, including some of the best ways to sell assets without losing your profit to taxes. You'll learn why you might want to consider paying yourself more through your payroll, why having an accountant who understands your unique situation is the best way to save money, and the psychology behind how we think about our money. Mario has seen the finances of hundreds of entrepreneurs over the years, and he has a really interesting perspective on wealth and well-being that you won't want to miss. You can find show notes and more information by clicking here: https://bit.ly/3jfFFpb In

You probably spend anywhere from 6 to 10 hours every day sitting in front of your computer screen, and your ability to use that machine well dictates not only how productive you are, but how well your business does. But how often do we really sit and think about how well our computer is set up, how well it’s optimized, and how efficient we are at using it? In this short and sweet episode, I’m sharing my tips for mastering your computer so you can shave time off your work week and get more done in less time. Something as simple as leveling up your computer skills can have massive implications on your productivity and business success, so make sure you don’t miss this episode! You can find show notes and more information by clicking here: https://bit.ly/3iBW5aO Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Cressida Granger is the owner of Mathmos.com, a name you might actually remember as being the original creator and inventor of the famed lava lamp. She is a more recent member of the ECF community, and I wanted to get her on to talk about her story and her business because it is so incredibly interesting. Listen in as Cressida shares how she manufactured a back-of-the-napkin deal for the iconic lava lamp brand, what happened when people found out that her patent on the lava lamp had expired, and why the business chose to move away from wholesale. We also discuss the Brexit challenges that have become part of the territory of shipping from Britain, as well as why Mathmos is making the move to a new e-commerce platform (and which one it is). You can find show notes and more information by clicking here: https://bit.ly/3rjd2ep Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Building an amazing life is just as important as building a thriving e-commerce store, and today we’re talking about something that has made a huge impact in my life: splitting time between two different places. I was hesitant about doing an episode on this topic for a long time, but I decided to share for three reasons: the impact it has had, the questions I get asked about it, and the challenges that sometimes come along with it. So in this episode, I’m joined by two friends who also split their time, Danny and Pete, and we’re talking about how to make living in two places work. You'll learn why they chose the cities they did, how to build a community, how to make it work when you have kids, and—of course—how to structure your finances to make it feasible. If you’ve ever dreamed of living in a new place and wonder what that could possibly look like, this is an episode you don't want to miss! You can find show notes and more information by clicking here: https://bit.ly/3e5zIJx Interested in our Private Commu

I have long been a huge advocate for testing your pricing. Why? Because if you have never tested, there is potentially money you are leaving on the table. So in this episode, we’re taking the discussion a step further and talking about split testing your pricing with the founders of IntelliGems, an analytics and optimization platform for mobile developers to run A/B tests and ultimately drive monetization. Adam Kitain and Drew Marconi both have a lot of experience with product pricing and split testing, and they're in the trenches helping e-commerce store owners test pricing. Listen in as we discuss how to test your prices—with the goal of raising those prices to increase profitability—including some not-so-obvious ways that you can test without actually changing your prices. We’re also diving into the science behind price testing, how to optimize your testing, and ways that you can DIY price testing and mitigate any potential customer service risk. You can find show notes and more information by clicking her

Today we’re picking things back up with Tal Moore, and this time, we're covering all things investments—the good, the bad, and the high-returning. In case you missed the last episode, Tal is a born entrepreneur and founder of Franklin’s Popcorn, Softy Wipes, and Guardline Security. He believes that the key to financial freedom is found in your passive income opportunities. Listen in as we dive into some of the best and worst investments that Tal has made over the years and discuss why he prefers to invest in what others may consider unorthodox ventures. You'll learn his number one secret to getting above-average returns and the three rules of investing that he lives (and invests) by. You can find show notes and more information by clicking here: https://bit.ly/2UjAcEO Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Tal Moore discovered his knack for business at the ripe young age of 12 years old. Selling gumballs to his friends ultimately led him to launch Gumballs.com, one of the largest online vending machine retailers. Tal is also the founder of many other businesses, including Franklin’s Popcorn, Guardline Security, and Softy Wipes. He has given so much to the ECF community over the years and I’m excited to have him here. Listen in as Tal shares his story through entrepreneurship, including how he managed to have the conviction to turn down a sales offer for Guardline, the personal toll it took on him, and how he decided to stay the course with the business. We also talk about how the downturn in his business actually turned out to be a blessing in disguise when the pandemic hit, as well as how COVID played a role in the subsequent upturn. This is part one of a two-part episode, so make sure to check out the next episode to hear more from Tal! You can find show notes and more information by clicking here: https://bi

If you’re running a business, you undoubtedly have a million and one things vying for your time: family, health, religion, your business, and your friends. What most often gets pushed aside are friendships, which is especially true for entrepreneurs who tend to jam-pack their lives with as much as they can possibly fit in it—and then add some more on top of that for good measure! That’s why in this episode, I'm talking about how to cultivate friendships as an entrepreneur. Friendships are not just good for us as social beings, but they’re also good for our overall physical and mental health, so I’ll be giving you my thoughts on friendships, how they have worked in my life, and how I’ve been intentional with them. I also talk about how I’ve been able to nurture my friendships despite the craziness that is entrepreneurial life. You can find show notes and more information by clicking here: https://bit.ly/3zfcCct Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear abou

Josh Zhang is the Founder and CEO of Gainfluence.com, an influencer marketing agency that is home to some of the best-looking and smartest creators and entrepreneurs in Los Angeles. In this episode, we talk about where the influencer market is going (particularly after the pandemic), the best use of a $50,000 marketing spend in 2021, and why it’s more important than ever to look at what is converting customers in real-time when it comes to advertising. We also talk about some of the more under-utilized platforms that are not only giving creators more control, but also allowing them to have a bigger piece of the viewer pie. You can find show notes and more information by clicking here: https://bit.ly/3p8ITNH Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Allen Walton is the CEO and Founder of SpyGuy, an e-commerce store devoted to all sorts of surveillance and counter-surveillance equipment. More recently, he launched FlyGuy, a travel agency and membership that helps business owners unlock the secret of getting tons of travel paid for using credit card rewards. Listen in as Allen shares his knowledge from researching and using credit card rewards to travel, including how to optimize your credit card spend to be able to jet set around the world in business class. You can find show notes and more information by clicking here: https://bit.ly/2RATEfn Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Skye Chilton is the owner of RealMushrooms.com, a family-owned and operated company that supplies top-quality herbal and medicinal mushroom products online. Skye partnered with his father, Jeff Chilton, a well-renowned expert in mushrooms, and leveraged his expertise and credibility in the industry to grow the brand. What is particularly interesting about Skye is how he leveraged podcasting and social media to grow consumer awareness without throwing money at advertising, which as we all know is getting harder and more expensive. You can find show notes and more information by clicking here: https://bit.ly/2QUNUwJ Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Nikhil Krishnan is the founder and author of Out of Pocket Health, a newsletter featuring in-depth analysis and clever memes about the state of the healthcare system in the United States today. Listen in as we discuss the two biggest problems in the US system today, the dichotomy between the US being a leader in cutting edge technology while also having an issue with access to basic healthcare for many, and we dive into the options for small businesses who want to provide health insurance for their employees. You can find show notes and more information by clicking here: https://bit.ly/3uEFJDb Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Scott Scharf is co-founder of Catching Clouds, the leaders in e-commerce accounting that offer a solution for entrepreneurs who struggle with understanding - or even getting - accurate financial information about their business. Listen in as we discuss all things ERP, including a review and overview of the main platforms available, what the advantages and disadvantages are of each, and why it’s a good thing that we’re starting to see consolidation among the platforms. Scott also shares his advice for implementing ERP once you’ve made the leap and discusses why you may want to start making a transition to a different platform if you’re on a particular operations management platform. You can find show notes and more information by clicking here: https://bit.ly/3h5sTKy Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Chuckie Gregory is the founder of Club EarlyBird, a morning cocktail that makes it easy to wake up early and that has grown from $0 to $1-million in sales in less than a year. In this episode, Chuckie details the SMS messaging strategy that they use at Club EarlyBird, including why they collect phone numbers with a post-purchase opt-in rather than at checkout, how he justifies the cost of SMS messaging over other forms of marketing, and why he implemented “Get Sh*t Done Tuesday.” You can find show notes and more information by clicking here: https://bit.ly/330rPzh Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Garret and Deeanne Akerson are the co-founders of Kindred Bravely, which creates maternity and nursing clothes that are beautiful, comfortable, and most importantly, useful. They have an incredibly successful business story, but in this episode we’re talking about something that doesn’t get discussed a lot: how do you build a meaningful and successful business while also raising kids? We’re getting candid on the parenting front and are talking about what Garret and Deeanne did well, what they didn’t do well, and what they learned from their experience. You can find show notes and more information by clicking here: https://bit.ly/3nnLhz4 Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

This is a somewhat selfish episode because this guest makes my absolute favorite shirts in the entire world, and I wanted to learn more about the inner workings of the business. Ryan Light is the CEO of Pistol Lake, a men’s apparel company that was founded in 2012 with the goal to bring manufacturing back to the U.S. at a reasonable price—and with really amazing quality. Ryan is not the founder of Pistol Lake, but he was brought in by the founders to run the company, and he has lots to share about the challenges and benefits of hiring a CEO and what he has learned in the role. You can find show notes and more information by clicking here: https://bit.ly/2OUZEhD Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Conor Lewis has a really cool story. He is the Founder of GetTheFort.com, a magnetic pillow fort that he designed, crowdfunded, and brought to market in under a year. What’s really cool about Conor though is that he is entirely self-taught on eCommerce, but still managed to build a huge audience through social channels by tapping into his previous branding, design, and video experience. In this episode, we dive into how Conor was able to pull off a super-successful $2.8 million Kickstarter campaign, how he built his 80,000 subscriber email list, and what he learned about Facebook groups through this launch. You can find show notes and more information by clicking here: https://bit.ly/3sYkUBU Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Today we are going to be talking about selling and acquiring businesses with a couple of people who have recently been through the process themselves. Chris Carey recently sold his business, MAPerformance.com, to David Rauch’s team over at AnthemWheels.com. In this episode, they will be sharing the story of their unique transaction, as well as the power of trust and rapport in existing relationships. Listen in to learn what it's like working with private equity firms (or deciding not to) and how valuable the terms of a deal are because it’s not just about the price.  You can find show notes and more information by clicking here: https://bit.ly/2Q8P336  Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

If you are an entrepreneur, you have probably come across a business being sold so cheaply that you considered purchasing it. However, being business savvy enough to differentiate between fantastic buying opportunities and energy-destroying lemons can be very tricky. So in this episode, we have Brian Lejeune and Janine Do, owners of VirginiaBoysKitchens.com, joining the show to discuss how they purchased a business that had not made a profit in over half a decade and turned it into a profitable, growing company. You can find show notes and more information by clicking here: https://bit.ly/3fvkak3  Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

If you are not quite sure what asset based lending is in relation to other types of lending, you are definitely not alone. David Golob is CEO of Microcom.us, a high-volume Amazon seller, and an expert on asset based lending, and he’s here to give us the goods on this unique lending type. Listen in as David shares why you might consider asset based lending over other types of financing, as well as what you can expect the process to look like. You can find show notes and more information by clicking here: https://bit.ly/312svCY Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.