With the recent sale in the rear view mirror, Mike talks about the plans he has for the future and what business he's thinking of getting into next to focus 100% of his attention on.
Today, Dave and I are diving into some events this year that have led to me ultimately choosing to let go of all my brands. We discussed a little bit on the last podcast episode, but Dave and I also discuss the rest of my plans for the future and moving towards embodying The One Thing.
Here’s a few specific questions that Dave tossed out:
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Were your other businesses being negatively impacted while you were a CEO for this previous project?
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What’s the maximum amount of businesses should a person have while giving a reasonable amount of attention to?
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What’s the next business for Mike?
Timestamps:
00:00 - Introduction
01:35 - Reflecting on the recent sale of our business
03:09 - Lessons learned and evaluating decisions
09:21 - Balancing multiple projects and finding focus
20:54 - The Benefits and Challenges of Multiple E-commerce Brands
22:19 - Focusing on a Single E-commerce Brand
25:44 - The Decision to Sell Off Brands and Find the One Thing to Focus On
27:24 - Vision for the Future and Buying a Business
33:04 - Reflecting on the Frustration of Selling the Previous Business
36:44 - Changing Business Landscape
39:11 - Excitement for a New Business Venture
So stay tuned, as we continue to explore this ever-evolving industry together!
I hope you took away some valuable insights from this episode that you can use to sort out your business goals for this year. Don’t forget to leave us a review on iTunes if you enjoy our content.
Happy selling and I’ll see you on the next one!
