From 0 To $200 Million On Amazon: The 9-Figure Playbook w/ Logan Chierotti
Apr 29, 2024
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Entrepreneur Logan Chierotti discusses growing Physician's Choice to $200M with a few products. Topics include hiring the right people, doubling down, personal growth, and focusing on core products for business success. Learn about optimizing metrics, balancing work life, supplement branding strategies, and building a multi-million dollar business.
Focus on few core products for deep market penetration, rather than spreading wide.
Hiring talented professionals can transform business operations for structured growth and strategic success.
Deep dives
Logan Corrode's Journey to Building a Nine-Figure Brand
Logan Corrode shared his journey of creating a $200 million a year supplement company called Physicians Choice mostly through Amazon. Starting as an attendee at the capitalism conference, he went from losing a million dollars in the first year to establishing a profitable business strategy. His success mantra focused on few core products and deep market penetration rather than spreading wide. Logan emphasized the simplicity of focusing on core SKUs and ensuring substantial investments in those specific products for long-term growth.
Lessons on Professionalizing the Business and Personal Transformation
Logan's growth from chaotic operations and personal neglect to professionalization and self-improvement highlighted the importance of hiring talented individuals for business success. By bringing in skilled professionals like a Director of Finance and a CEO, Logan transformed the company into a structured and strategic entity. This shift allowed him to focus on core strategies, enhance operational efficiency, and lead a successful transformation from an Airbnb office setup to a streamlined and professional business environment.
Strategic Shifts and Playbook Recommendations for Starting a New Brand
Logan's strategic insights indicated shifting focuses towards Amazon and TikTok for newly emerging brands seeking market dominance. His emphasis on targeting a large market, concentrating on a specific subgroup, and leveraging Amazon optimization aligned with his successful journey. Logan's playbook recommendation suggested diving deep into Amazon operations, building an email list for launch, and leveraging TikTok for substantial growth potential, highlighting the significance of strategic market penetration and channel selection for modern brand success.
Community Testimonials and Vital Transformations for Growth
The community testimonials underscored the invaluable support, strategic guidance, and collective growth within the capitalism.com community. By prioritizing self-improvement, team restructuring, and strategic shifts, entrepreneurs like Logan showcased significant business transformations and exponential growth opportunities. The emphasis on professionalizing operations, focusing on core strategies, building competent teams, and driving personal transformations echoed the community's core ethos of prioritizing growth, skill development, and long-term business success.
Logan Chierotti was in the audience at Cap Con in 2018 looking for his next “thing”. That’s where he came up with the idea for Physician’s Choice. In 2024, they will do over $200M with just a few products.
This year at Cap Con, I sat down with Logan to unpack his journey and what decisions he made to grow the company so quickly.
In this chat we talked about hiring the right people, what it means to double down properly, and how personal growth goes along with professional growth.
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