BI 218: Erik Greene On How He Launched His Wildly Successful Coffee Booster From Zero on Amazon

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Partner Marketing: Proven Tactics for Startups

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partner marketing with Reid Genauer

Reid Genauer is the CEO of Magisto. Magisto uses artificial intelligence to transform ordinary photos and videos into professional movies. Currently they make about 10 million movies/month.

It’s fun to use ->> Go check it out

The topic of this interview won’t be on Magisto though, we will focus on partner marketing. Partner marketing has played a big role in the growth of Magisto.

Listen to this interview so you can understand what to expect with from a partnership and learn how to choose the right partners as you start or grow your business.

Read more

How to Land Clients the Fast Way With Serial Entrepreneur Tom Gay

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Thomas Gay RS

Thomas-Gay-Interview_0I should mention that I don’t use the term “serial entrepreneur” lightly.

Tom has been starting companies since the 80’s and he isn’t slowing down now. He grew some of them into Inc 500 winners and one of them to $80M in sales. We’ve had quite a few entrepreneurs on this show, but few have been entrepreneurs for as long, and done as consistently well as Tom.

If you are an entrepreneur or are in business development, this is a can’t miss episode.

Listen now and you’ll hear Tom and I talk about:

  • (3:45) Introductions
  • (7:35) What is Refer.com and why does the world need it?
  • (10:15) When did you start and how much traction have you got so far?
  • (15:15) Why did you change the name to Refer.com?
  • (20:05) Please tell us about one of the pivots you’ve made and what you learned
  • (29:45) How should I get started at better leveraging my own network?
  • (38:45) Explain how your software helps with this
  • (42:45) What advice would you give to people who want to start their own business?
  • (45:45) How should an entrepreneur find a viable business idea?
  • (46:45) How should people “just start” in business?

Resources Mentioned

More About This Episode

The Bright Ideas podcast is the podcast for business owners and marketers who want to discover how to use online marketing and sales automation tactics to massively grow their business.

It’s designed to help marketing agencies and small business owners discover which online marketing strategies are working most effectively today – all from the mouths of expert entrepreneurs who are already making it big.

Listen Now

Enjoyed this Interview? Here’s How To Leave us a Positive Review on iTunes!

If you enjoyed this episode, click here for more information on How to Leave Us a Positive Review on iTunes! Your review will help to spread the word and get more entrepreneurs like you interested in our podcast. Thanks in advance - we appreciate you!

 

About Thomas Gay

ThomasGayThomas Gay is a life-long business owner and entrepreneur. In the 80s he founded National Decision Systems, the pioneer in advanced site selection and target marketing tools for major consumer goods companies. Tom’s firm was twice honored with the coveted INC 500 Award and he sold it in 1988 to Equifax.

In 1990, Tom started VistaInfo. After going public in 1997, Tom was honored in an Individual Investor Magazine cover story (May 1999) where he was called one of the “5 Best Undiscovered CEO’s” in the USA. VistaInfo was named a “Magic 25” company in 1999 and was acquired in 2000 with sales of $80M to create what is now known as Fidelity National Information Solutions.

In 2001, Tom and his wife, Patti, went to South Africa where they started a non-profit ministry organization, Monte Christo Ministries. Today, MCM feeds thousands of people daily and brings together organizations, churches and universities, world-wide, to relieve the burdens of poverty, apartheid and HIV/AIDS in the Cape Town Area. In 2014, his company IdeaLab was renamed Refer.com

Tom serves on numerous corporate and community boards and is a frequently sought speaker on the topics of socially responsible business, relationship marketing and leadership development.

Additional Resources

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Welcome to the Bright Ideas Community of Entrenpreneurs

My 2 Year Plan to Build a 7 Figure Lifestyle Business

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focus-header-image-web

focus-header-image-webNote: This post has been updated since it was originally published on March 17, 2014. You can also listen to me explain my 2 year plan here.

If there is one word that is most often used to describe ultra-successful entrepreneurs, it’s focus.

When you have it, you get results.

When you don’t, you’re just busy.

Ever since last month’s dismal earnings report, I have been deep in thought about the business that I’m trying to build and the results needed to get me there.

As I’ve thought more and more about my businesses, my products, and how I’ve been spending my time, I’ve come to the realization that how I’ve been allocating my time (and the actions that I’m taking) are not exactly what I need to be doing to achieve the results that I’m after.

In other words, I’ve not been focused on the right things.

Begin With The End in Mind

To help me work my way through my challenge, my wife and I decided to begin by creating a vision board for what we want our life to look like. At the time of this writing, the board is not yet complete; however, I can tell you about a few of our ‘must haves’ and ‘nice to haves’.

Before I do, I want to emphasize that the reason that I’m going to share this is not to boast about what we want to accomplish. Instead, my motivation for sharing some of our goals is purely to (hopefully) inspire you to take this same step in your own business/life planning process. So, with that said…

Must Haves

how to start a marketing agency

Come Up With Plan and Work Towards It

With respect to the business, which will obviously have a large impact on our lifestyle, our list of must have’s includes the following:

  • We must add massive value to our clients and customers, so that they remain highly engaged and reliant on us for a long period of time
  • A recurring billing revenue model, so that we can build a business that can one day be sold for a large sum, and gives us highly predictable revenue for as long as we own it
  • The business is location independent so that we can live anywhere we like without restricting our level of income
  • Products and services that we are passionate about with a very long shelf life so that we can build a business that will last for the long term
  • The potential to achieve a 7 figure revenue stream with gross margins of at least 60% so that our net profit margin will exceed 20% of total revenue
  • A suite of products and services that are very scalable so that we can build systems and train employees to use those systems to run day to day operations
  • Products and services that are paid for in advance so that we never have to deal with unpaid receivables and a negative cash flow cycle
  • The opportunity to work with interesting people so that the business always remains fun to be a part of

Nice To Haves

While not critical to my happiness, below are a few of the things that would be very nice to have in my business:

  • Invitations to speak and consult that are close enough for me to fly my own plane to (I have a pilot’s license) rather than hop on an airline
  • A mastermind group comprised of people running $10M (or larger) companies so that I can organize retreats to some really amazing places, and be paid to travel there
  • A few clients that are paying me enough each year that I can afford to take them to Miller Motorsports Park for a fun-filled day of racing around the track in some really fast cars

One of the biggest reasons that I chose to become an entrepreneur is so that I can design a lifestyle of my choosing. What motivates you? Please tell me in the comments below.

Make a List of Short Term Challenges

In 2013, Bright Ideas earned a six figure income from information products and consulting work. The revenue from information products came primarily from two major product launches and the consulting revenue came from consulting engagements with Bright Ideas readers who wanted to use Infusionsoft in their business.

Given that we hit $127,000 in our first year of monetization, our results were OK (but not incredible). To repeat this level of income in 2014, we either need more consulting clients, or I need to write more books and launch more products.

The problem with product launches is that, in my opinion, they are not a sustainable business model. Worse that than, however, is that a product launch is a massive amount of work and pretty stressful (what if it flops?).

Because of this, I’m not terribly interested in building a business dependent on product launches, and as such, I’m going to need to do more consulting work with clients.

The problem that I’m faced with is that, up to now, attracting consulting clients hasn’t really been my focus. Sure, I’ve mentioned Infusionsoft (see…I did it again!) on my blog many times; however, thus far, consulting engagements for this type of client have been limited to $5,000 or less, and worse, the revenue has all been one-time revenue, as opposed to recurring revenue.

Boo.

If I’m to hit my goal of at least $250,000 in revenue in 2014, I’m going to need to offer something much different that I’m offering today, as well as to offer it to a type of business that doesn’t (yet) even know that I exists.

As you might guess, I have some work to do!

Make a List of Goals

The Bright Ideas business (everything I sell, except consulting) will probably generate between $30,000 to $40,000 worth of sales in 2014 without my doing much other than blogging and running my mastermind group. The rest of the income is going to have to be generated by my agency, Groove Digital Marketing. I suspect the numbers will be about the same split in 2015.

As I plan to look back on this post in two years to see how I’ve done, here’s a quick summary of the goals for each of my businesses:

Groove Digital Marketing

Within two years from today, Groove will have become a $500K company with a 20% net margin. This business will have embraced the “built to sell” methodology and every part of this business will have been systematized and delegated to a member of the team.

Virtually all revenue will be from retainer income. The value of this asset will be equal to 5X earnings IF I am not needed to run the day to day operations of the company.

This is pretty much what I did while running my last company, Dyrand Systems. In year two, I think we did just shy of $500K; about half of which was recurring revenue. By 2008, we were doing just under $2M and I sold it for $1.2M 🙂

how to start a marketing agency

I Plan to See This Company Become the Beacon for Groove

Bright Ideas

Bright Ideas will be the platform where I talk about what we are doing to build Groove. The content produced will be of interest to other agencies and entrepreneurs in general. Revenue will be $500K.

I came up with these numbers after a talk with a guy I really respect. His business has the exact same model as Bright Ideas (we create high value free content to generate traffic, and then monetize that traffic with info products, affiliate income, and our mastermind groups.

Like me, he also has a services division that does work for his clients – though his service business caters more to other information marketers, as opposed to the type of clients that I will pursue with Groove.

When I found out that his business did $2.5 million (with a net profit margin of 50%!)  in the last year, I was pretty stoked, to say the least. As I couldn’t wrap my mind around hitting that figure within 2 years, I thought $500K would be something that was more believable; especially if my success with Groove gives me the street cred to attract more mastermind members at a higher price point than I charge now (his pay $18,000/year and he’s got 40 of them).

Make a Plan to Get From Here to There

how to start a marketing agency

If I Don’t Set My Goals How Will I Know Where to Go?

Below is a short summary of my plans for Groove and Bright Ideas.

Groove Digital Marketing

Effective immediately, my primary focus will shift to growing Groove into a 7-figure business, and to do that, my plan is to offer content marketing services to businesses that can get an ROI on a monthly retainer of $3,000/month or more.

In hindsight, this is a decision that I should have made a year ago; however, there are two reasons why this didn’t happen.

Reason #1: My last business was really hard to grow. We were an outsourced IT department for small businesses and our clients paid us a monthly retainer for this.

The reasons it was so hard to grow were twofold: first, no one really wants to pay for IT support, and second, due to the nature of our business, attracting larger clients was incredibly difficult because selling to companies with one full-time IT manager involved a massive amount of politics (they feared for their jobs).

As a results of this experience, up to just recently, I swore I would never get into another services business as my primary means of income.

Reason #2: Thanks to my podcast, I have had the opportunity to interview quite a number of inbound marketing agency owners, and they have all been having quite a bit of success.

Unlike IT services, marketing services is something that CEOs want to buy because they know that effective marketing will help them to increase profits. And, thanks to my understanding of how to create documented processes and outsourcing, I am extremely confident that providing content marketing services can be treated as a scalable ‘product’ business in ways that offering IT support could never do.

With a scalable product offering, we should be able to grow faster! (assuming my sales engines is optimized, of course)

Sidebar: If you haven’t yet checked out my podcast, you should. The amount of free training in provided by my podcast exponentially exceeds what I have created in my paid products.

how to start a marketing agency

Know Who to Target and How

The Niches We’ll Target

Initially, we are going to focus on two niches: financial services and industrial manufacturers. By specializing, the goal is to:

  • Decrease direct competition from generalists
  • Increase our ability to charge premium pricing
  • Increase the likelihood of referrals
  • Have fewer places we need to advertise
  • Create more compelling offers and lead magnets
  • Develop high levels of industry specific expertise

The reason for the financial services niche is that I spent my first career in that niche so I have a better than average understanding of it. In addition, profits margins in financial services tend to be quite good and there are plenty of companies in the $10-50M range to target.

The reason for the industrial manufacturing niche is that they sell very high ticket items and aren’t generally known to be very good marketers. For this reason, I believe that we will be able to charge premium prices for premium quality content marketing. I have also interviewed several CEOs in this space and they have confirmed my assumptions.

My Lead Generation Plan

To acquire leads, we will:

  • Use the Content Marketer’s Blueprint (CMB) combined with Hubspot for Groove to build traffic to our site*
  • Contact existing Hubspot users who might not be getting the ROI there were hoping for
  • Perform Seek and Assist on LinkedIn
  • Buy Facebook Ads to promote webinars and other lead magnets
  • Speak at Vistage (I’ve just become an “approved” speaker, thanks to an introduction made by a past guest on my show)
  • Use dimensional direct mail + content to pursue my “Target 100” list of ideal prospects.

*as a result of a recent interview, I discovered the content marketers blueprint and how it ties into Hubspot. Suffice to say, I was blown away by what I saw. Infusionsoft is awesome for information marketers, people who want/need ecommerce, and people who want just one system to use ; however, as I’ve just recently discovered, Hubspot is ‘the shiz’ for content marketers looking for detailed analytics on what is working. Look for future posts on this.

Required Resources

In order to achieve the maximum benefit from the CMB, we have purchased Hubspot at a cost of $800/month. This is a significant investment; however, I cannot credibly sell content marketing in the way that I plan to without using the same tools myself.

The Groove Website needs a facelift which will cost $500 and a day or two of my time (this is actually done already).

Initially, my role will see me working “in” the business, and as cash flow allows, I will hire more employees to take over my day to day roles, thereby allowing me to transition to working “on” the business almost exclusively. With the time I free up by working “on” and not “in” the business, I will be able to invest time into building Bright Ideas into a much more successful business than it is today. 

Bright Ideas

James Schramko has proven that a personal blog can be built into a 7 figure business and the key driver to achieving this result is the production of very high quality, helpful content.

Many others (including me) have proven that providing incredibly helpful content for free creates a highly engaged audience and a very large mailing list.

Given that our near term monetization plan is focused on Groove, aside from creating content, Bright Ideas needn’t consume as much time as it has in the past.

More advanced funnels, product launches, etc, are all items that, given the current size of my list and volume of traffic, don’t offer a high enough ROI to warrant the time investment required.

Required Resources

Given that Bright Ideas content will be centered around sharing the story of how I’m building Groove (the stories of other enterpreneurs’ successes will continue to be shared via the podcast) into a 7 figure business, I suspect that the audience demographic will shift more towards agency owners and consultants as time goes by. 

To ensure that new visitors are clear about who Bright Ideas is for and what they will learn, I am going to make some changes to the lead magnet on my home page.

Currently, the home page looks like this:

bi-home-page-mar-14

Yesterday, I sent my designer the following mockup and asked her to create something attractive.

bi-home-page-mockup

With this type of lead magnet, I don’t need to create a new course (this would take time). Instead, all I need to produce is one blog post per week to detail my progress. The post could be as simple as what I did that week and the results I achieved.

More importantly, by offering this type of “look over my shoulder” content, I expect that I will also attract the type of reader I most want to have and this will likely generate more leads for the mastermind group.

In the near term, the only monetization system that needs to be built is a new version of my resources page that I’ve started referring to in recent podcast recordings (these recordings will start to air in a few weeks).

Assess the Time Required to Execute The Plan

No plan is worth the paper it’s written on if it isn’t feasible from a resource standpoint. Given that time is my most precious resource, I thought I would produce an estimate of how I plan to allocate my time to execute my plan.

time-allocation

As you can see, I only account for 34 hours per week of productivity, where as I will work a total of about 45 hours. This is because it would be impossible for me to produce 40 hours of productive work in a 40 hour week. Email, which is a necessary evil, is a somewhat unproductive time pig. Oink!

Adjust and Fine Tune

In 3 to 6 months, when I read this post again, I’m sure that, with hindsight to my benefit, I will see all sorts of flaws in my plan that are invisible to me today. Such is the nature of the beast.

If you’d like to join me for this journey, please be sure and become a subscriber today by clicking the button down below. It’s going to be another incredible ride and I’d be stoked to have you join me!

[xyz-ihs snippet=”BuildGroove”]

How a Small Business Software PayByGroup.com is Planning to Become the Paypal of Vacation Rentals

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Camilo Acosta RS

Camilo-Acosta-Interview_0Building a software service isn’t all about the bells and whistles.

Imagine coming up with a killer small business software application. You spend countless hours testing and writing to get all the aspects of the software working flawlessly. After you nail down what you know to be a functional application, you pitch it to people hoping to rake in the clients. The problem is, nobody needs this software.

Part of the software development process should be finding a market to support it. Camilo discovered a need and went about trying to find ways to satisfy it. This is a great episode for any entrepreneurs looking to get into the software business; in fact, it’s a great episode for any new business hoping to better understand and cater to their audience.

Listen now and you’ll hear Camilo and I talk about:

  • (2:30) Introductions
  • (4:30) How did you come up with the idea for your startup?
  • (7:30) How did you develop the first prototypes?
  • (10:30) How did you know your prototype was getting traction?
  • (12:30) What step did you take after you got early validation?
  • (17:40) What happened after you moved to Mountain View?
  • (19:40) What turned out radically different from the original vision?
  • (21:30) What are you doing now to cause growth?
  • (24:50) What was the first step you took to land homeaway.com?
  • (28:30) How much revenue were you doing at this point?
  • (30:30) How much have you needed to raise so far?
  • (31:30) What are some of the big lessons you’ve learned from fund raising?
  • (33:10) How did you begin the fund raising process?
  • (34:50) How did you cover the legal bills for fund raising?

Resources Mentioned

More About This Episode

The Bright Ideas podcast is the podcast for business owners and marketers who want to discover how to use online marketing and sales automation tactics to massively grow their business.

It’s designed to help marketing agencies and small business owners discover which online marketing strategies are working most effectively today – all from the mouths of expert entrepreneurs who are already making it big.

Listen Now

Enjoyed this Interview? Here’s How To Leave us a Positive Review on iTunes!

If you enjoyed this episode, click here for more information on How to Leave Us a Positive Review on iTunes! Your review will help to spread the word and get more entrepreneurs like you interested in our podcast. Thanks in advance - we appreciate you!

 

About Camilo Acosta

CamiloAcostaBefore starting PayByGroup, Camilo worked with Frank on Root Orange, a VC-backed domain name startup that split domains by city. Previously, he worked for his family’s government communications firm, and in best practices consulting at the Corporate Executive Board, both in his home town of Washington, D.C. 

Camilo is actively involved in organizing alumni gatherings for his school (Sidwell Friends School) and his college alma mater. He also hosts fundraisers for education reform organizations such as KIPP, and political candidates that support the cause. He enjoys driving on sunny days with the windows down and music up, and doting on his chocolate lab, Kipper. 

Camilo holds a B.A. in Politics from Princeton University.

Additional Resources

Thanks for Listening!

To share your thoughts:

  • Leave a comment in the comment section below
  • Share this episode on Twitter or Facebook

To help out the show:

  • Leave a review on iTunes. It's your best way to say thank you to our team.
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Welcome to the Bright Ideas Community of Entrenpreneurs

Entrepreneurship Ideas From Jayson Gaignard on Going From Massive Debt to Massive Success

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Jayson Gaignard RS

Jayson-Gaignard-Interview_0Not every new venture is successful – in fact, even the ones that seem to be can come crashing down at any minute.

Jayson Gaignard provides an example of just that. His company hat reached millions of dollars in sales, when suddenly… it tanked. The loss of his prior company and how he came back with a new outlook on business gives a great story for all entrepreneurs to hear.

It’s not all big sales and mojitos on the beach. Sometimes things fail, but if they do, it helps to see how others have taken adversity and ramped up another successful business.

For the good, bad and the ugly of entrepreneurship ideas, check out this episode.

Listen now and you’ll hear Jayson and I talk about:

  • (03:05) Introductions
  • (03:50) How did you get started in business?
  • (06:40) What did you do to ruin your company?
  • (16:50) What is MastermindTalks?
  • (21:50) How did you get started with your first event?
  • (29:50) How did you attract other speakers?
  • (33:50) How did you drive traffic to the application page?
  • (35:50) What is an Influencer blast?
  • (38:50) What did you charge?

Resources Mentioned

More About This Episode

The Bright Ideas podcast is the podcast for business owners and marketers who want to discover how to use online marketing and sales automation tactics to massively grow their business.

It’s designed to help marketing agencies and small business owners discover which online marketing strategies are working most effectively today – all from the mouths of expert entrepreneurs who are already making it big.

Listen Now

Enjoyed this Interview? Here’s How To Leave us a Positive Review on iTunes!

If you enjoyed this episode, click here for more information on How to Leave Us a Positive Review on iTunes! Your review will help to spread the word and get more entrepreneurs like you interested in our podcast. Thanks in advance - we appreciate you!

 

About Jayson Gaignard

JaysonGaignard2Jayson Gaignard is the founder of Mastermind Talks, an annual invite-only event designed for elite entrepreneurs. He started Mastermind Talks after a failed business left him a quarter million in debt and with a ton of questions about what to do next.

Jayson went on to become the Founder of MastermindTalks, Mastermind Retreats, and The Early to Rise Podcast. Jason has revitalized his vision and is realizing a different kind of success.

Additional Resources

Thanks for Listening!

To share your thoughts:

  • Leave a comment in the comment section below
  • Share this episode on Twitter or Facebook

To help out the show:

  • Leave a review on iTunes. It's your best way to say thank you to our team.
  • Subscribe on iTunes

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Welcome to the Bright Ideas Community of Entrenpreneurs

How Tealet.com is Creating a Bridge Between Tea Growers and Tea Drinkers with Elyse Petersen

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Elyse Petersen 4IN X 6IN X 3000DPI X FC

elyse-petersen_0

At Bright Ideas, we’ve talked with some great startups who’ve received support ftom 500 startups. This time it’s Tealet.com, a direct-from-farmers tea company dedicated to the growers around the world. Founder Elyse Peterson has devoted her time to creating a worldwide appreciation for the local farmers across the globe and in other food security campaigns.

From crowd-funding, kickstarter, 500 startups, and more, learn how Elyse used the digital landscape to get her business running. If you’re interested in alternate funding sources for businesses, you’ll want to check out this interview.

Listen now and you’ll hear Elyse and I talk about:

  • (02:00) Introductions
  • (07:00) How did you get the business started?
  • (10:00) How did you use crowd funding?
  • (12:50) How did you bring awareness to that Indiegogo campaign?
  • (16:00) What was in it for the campaign backers?
  • (20:00) What’s it like to get funded by 500 startups?
  • (27:00) What happened after 500 startups?
  • (31:00) What does it mean to be a part of the Las Vegas Downtown Project?
  • (32:30) How has Bitcoin inpacted your business?
  • (37:00) Please tell me about your community

Resources Mentioned

More About This Episode

The Bright Ideas podcast is the podcast for business owners and marketers who want to discover how to use online marketing and sales automation tactics to massively grow their business.

It’s designed to help marketing agencies and small business owners discover which online marketing strategies are working most effectively today – all from the mouths of expert entrepreneurs who are already making it big.

Listen Now

Enjoyed this Interview? Here’s How To Leave us a Positive Review on iTunes!

If you enjoyed this episode, click here for more information on How to Leave Us a Positive Review on iTunes! Your review will help to spread the word and get more entrepreneurs like you interested in our podcast. Thanks in advance - we appreciate you!

 

About Elyse Petersen

Elyse PetersenElyse Petersen is a Global Tea Ambassador with the International Tea Farms Alliance. She spent time working with tea farmers in Wazuka, Kyoto, Japan, and this experience inspired her to help grow tea culture across the U.S. and around the world. Petersen is an experienced international development worker in the area of food security, natural resource management, and sustainable food preservation; having served as a Peace Corps volunteer in Niger, West Africa and Antigua and Barbuda, and the Eastern Caribbean. Petersen graduated from Shidler College of Business with a Japan-focused M.B.A, and from California State Polytechnic University, Pomona, with a B.S. in Food Science and Technology.

Additional Resources

Thanks for Listening!

To share your thoughts:

  • Leave a comment in the comment section below
  • Share this episode on Twitter or Facebook

To help out the show:

  • Leave a review on iTunes. It's your best way to say thank you to our team.
  • Subscribe on iTunes

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Welcome to the Bright Ideas Community of Entrenpreneurs

How Shopseen Attracted 2200 Customers in Just Six Months

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ADEEL AHMAD 4IN X 6IN X 300DPI X FC (1)

adeel-ahmad_0

Sometimes, you can’t help but root for the little guy.

Adeel Ahmad was looking for a way to optimize the business end of things for small retailers, and with that idea, Shopseen was born. In this interview Adeel and I talk about how he saw the need for change, created his startup, and drew in a large customer base in a short period of time.

If you’re looking for ideas on startups, especially SaaS startups, you should check out this podcast.

Listen now and you’ll hear Adeel and I talk about:

  • (02:05) Who are you and what do you do?
  • (05:25) How did you got 2200 users in 6 months?
  • (08:25) How did you validate your idea?
  • (16:25) How did you get their first 10 customers?
  • (18:25) How did you determine how to price your product?
  • (22:25) Tell us about a time when an assumption you made was way off
  • (25:15) How has investor funding played out?
  • (30:25) How has your past been of help to you with Shopseen?

Resources Mentioned

More About This Episode

The Bright Ideas podcast is the podcast for business owners and marketers who want to discover how to use online marketing and sales automation tactics to massively grow their business.

It’s designed to help marketing agencies and small business owners discover which online marketing strategies are working most effectively today – all from the mouths of expert entrepreneurs who are already making it big.

Listen Now

Enjoyed this Interview? Here’s How To Leave us a Positive Review on iTunes!

If you enjoyed this episode, click here for more information on How to Leave Us a Positive Review on iTunes! Your review will help to spread the word and get more entrepreneurs like you interested in our podcast. Thanks in advance - we appreciate you!

 

About Adeel Ahmad

AdeelAhmad2Adeel started Shopseen soon after opening a vintage clothing shop in downtown San Francisco. Shopseen was built to solve the problems of operating a small modern retail  business, and soon it was spun off into its own startup. Previously, Adeel was an early software engineer at Context Optional, a pioneering social media management company that built a platform for large brands to reach and engage with a broad audience on social networks.

Additional Resources

Thanks for Listening!

To share your thoughts:

  • Leave a comment in the comment section below
  • Share this episode on Twitter or Facebook

To help out the show:

  • Leave a review on iTunes. It's your best way to say thank you to our team.
  • Subscribe on iTunes

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Welcome to the Bright Ideas Community of Entrenpreneurs

How Ethan Anderson is Growing MyTime.com into an Amazon for Local Services Merchants

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ETHAN 4IN X 6IN X 300DPI X FC (1)

ethan-anderson_0

Co-founder and CEO of a successful startup, Google Product Manager, Harvard Business School graduate, and previously named to the Silicon Valley 100, Ethan Anderson has been making waves in the digital marketplace.

Learn how Ethan came up with the concept for MyTime, an appointment setting website that connects businesses and customers through a simple and timely web interface. Discover how Ethan came up with the idea, how he saw an opportunity in the market, and how he established a well funded campaign to get it off the ground.

This interview is a must-listen for those interested in startups and SaaS development.

Listen now and you’ll hear Ethan and I talk about:

  • (2:00) Introductions
  • (3:10) What is MyTime?
  • (6:00) How did you research the idea?
  • (10:00) How did you attract interest very early on?
  • (12:00) Why did you raise money so early?
  • (14:00) How did you start selling to early adopters?
  • (20:30) How are you using crowd-sourcing?

Resources Mentioned

More About This Episode

The Bright Ideas podcast is the podcast for business owners and marketers who want to discover how to use online marketing and sales automation tactics to massively grow their business.

It’s designed to help marketing agencies and small business owners discover which online marketing strategies are working most effectively today – all from the mouths of expert entrepreneurs who are already making it big.

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About Ethan Anderson

Ethan Anderson, RedBeaconIMG_0307Ethan is the Founder of MyTime, a startup that allows consumers to instantly purchase services and book appointments from nearby businesses. He was also Cofounder & CEO of Redbeacon, which allowed consumers to request bids for home services. Redbeacon was venture backed and won numerous awards including the Grand Prize at the 2009 TechCrunch50 competition and Business Insider’s Startup 2010 before being acquired by The Home Depot. Prior to Redbeacon, Ethan worked at Google as Product Manager for Image Search and Google Video.  Ethan also worked in a number of internet strategy and marketing roles at The Clorox Company, Buy.com, and McKinsey & Company. He graduated with Honors from Harvard Business School and Magna Cum Laude from Duke University, where he studied Economics and Public Policy Studies.  He was recently honored to be named to the Silicon Valley 100 and 16 Up-and-Coming Silicon Valley Entrepreneurs You Need to Meet.

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