My Amazon Guy Complexities with Chris Shipferling of Global Wired Advisors #142
Jan 8, 2021
28:48
Global Wired Advisors is a leading Digital Investment Bank focused on optimizing the business sale process.
- Who are the buyers now and who are the buyers tomorrow?
- What is the difference between a listing broker vs a Professional M&A Advisor?
- 2021 – what happens next with M&A in the amazon eco system?
Sale side engagement: Growth is strong, EIBTA is at a mark 1.5-mil, growth on a vertical.
New capital flooding into the space that needs operating experience.
Getting more complex, more capital pouring in.
Put on a financial lense.
Brands win on price and are commodities, or you win on innovation. Innovation drives better brand.
The days of first generation guys who built Amazon business 4-5 days ago by himself is gone.
Common mistakes: Don't understand your financial numbers. Not knowing how to read your data.
3 Things to do to help your business today:
- Understand your financials
- Know your marketing
- Who do you want to be when you grow up? Product focus. Roadmap.