eComFuel

The real magic of the eCommerceFuel community happens when we get together in person, and we had the opportunity to do that late last month in Los Angeles. If you missed it, you’re in luck because today I’m flying solo and giving you the big takeaways and a recap of what I learned during the incredibly cool L.A. Regional Event. Listen in as I share some of the biggest lessons I learned during the event from other ECF members, including what is working in terms of client acquisitions for many, as well as why a marketing mindset is critical in the highly competitive hiring landscape. I also share my thoughts on why I believe that it will be harder to scale quickly for businesses just starting out and divulge some of the trends that you’re most likely to see emerge in the next 12-24 months in the eCommerce stratosphere. You can find show notes and more information by clicking here: https://bit.ly/3v2vko0 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.

You can’t build anything interesting without some level of sacrifice, but if you’re an entrepreneur that is years into the hustle and you still can’t seem to get freedom from your business regularly, there’s a problem. Dale Majors, founder of VentureAnyway.com, joins me today to talk about something that so many of us struggle with: our businesses becoming all-consuming while our personal and family lives slowly disappear. Listen in as Dale shares how to scale your business without becoming a slave to it, what he wishes he would have done before selling his first business, and how he took what he learned through his own entrepreneurial journey and now uses it to help other business owners build amazing lives. We also talk about the importance of building habits versus chasing goals and what Dale did to bring more control—and happiness—into his life. You can find show notes and more information by clicking here: https://bit.ly/3LA4UQt 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.

Cost of goods sold: love it or hate it, it’s a big deal in the eCommerce world. To wrap up our three-part series on accounting and finances, we’re diving into all things COGS: the value of it, the implications it can have on your business, and how to figure it out without losing your mind. Joining me today are Jamie McDonald, CEO of A2X Accounting, Scott Scharf of CatchingClouds.net and previous eCommerceFuel financial expert, and Brittany Brown, founder of LedgerGurus.com, who also specializes in eCommerce accounting for Quickbooks and Xero. No matter what phase of business you are in, this is an episode you literally can’t afford to miss. So listen in as we break down the good, the bad, and the ugly about your cost of goods sold. You can find show notes and more information by clicking here: https://bit.ly/3HFR3Wq 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 I am joined by Tyler Jefcoat, the CEO of Seller Accountant, an accounting firm that specializes in accounting and bookkeeping for online sellers. Tyler has a ton of experience in the eCommerce field, and today we’re diving deep into due diligence and how you can get your business ready for sale from a financial and accountant standpoint. Take a listen as Tyler walks us through some of the things that have completely killed deals on the table, how to build trust with potential buyers (and maximize the money in your pocket), and when you need to start getting really obsessive about tracking your inventory. If you think due diligence is the opposite of a super sexy topic, you might think differently if it means you’ll be making an extra 6 figures on a deal! You can find show notes and more information by clicking here: https://bit.ly/3ADjf9q 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.

I’m flying solo and kicking off the first of a series of episodes talking all about everyone’s favorite topics: finances, accounting, and bookkeeping in the eCommerce world. If you’re anything like me, you’ll love this episode as we geek out about numbers—and if the word “bookkeeping” makes you want to cry, I promise this episode will leave you with some tangible tips and insights into how to make it work for you. Listen in as I share eight rules to keep you profitable in your business (and sane while you’re getting it all done!). You'll learn about some great resources to refer to if you need to fine-tune your accounting skills, why I prefer to do my own bookkeeping, and the biggest metric that you need to be tracking in your eCommerce business. You can find show notes and more information by clicking here: https://bit.ly/3GZnoXI 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.

Unless you’ve been living under a rock, you’ve probably noticed that it’s been a rough year for eCommerce. After the debacle that was the Apple and Facebook divorce, you are definitely not alone if you found the ax being taken to your ad account ROI. Joining me today are Austin Harrison and Grant Margerum, founders of Northbeam.io, the new standard for eCommerce intelligence and attribution. Listen in as we talk all about data, tracking, and what the heck happened between Apple and Facebook. You'll learn what you need to know about the different types of data, what the future of tracking looks like, and how Northbeam.io helps clients grow their revenue by an average of 44%—and allows them to make smarter, faster decisions. You can find show notes and more information by clicking here: https://bit.ly/3zZxJQU 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.

Spencer Jan is the co-founder of Solo Stove, along with his brother, Jeff, and they have a phenomenal story of bootstrapping their way to a $2-billion valuation in only 8 years. Within the last 24 months alone, they’ve had two private equity deals and three major 8-figure acquisitions! Spencer joins me today to talk all about that and so much more. Listen in as he shares Solo Stove’s journey from being a side hustle to a highly profitable and valuable company. You'll hear why they obsessed over margins from the very beginning, as well as the painful reality they faced when they first went to sell. We also discuss the importance of profitable margins, how to stay lean as a company, and why it’s important to get out of the default mode of working more and instead spend more time on what matters most. You can find show notes and more information by clicking here: https://bit.ly/3tood8J 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.

Ramon van Meer is the owner of AlphaPaw.com, an entrepreneur, and a self-described bootstrap founder of numerous businesses. He has a really cool story of immigrating from the Netherlands 12 years ago and pivoting to the internet marketing space, where he has self-financed his ventures and built some really amazing communities.  We dive into so much in this episode, including how Ramon has been so successful doing something that very few have done in the eCommerce space: buying and selling websites. We also talk about how he has built communities (and then monetized those communities), how he is pivoting to overcome the challenges the pandemic has thrown his way, and what he would do differently if he ever decides to acquire another community. You can find show notes and more information by clicking here: https://bit.ly/3mczp3B 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.

As entrepreneurs, we often have busy and packed lives—and as a result, friendships often get pushed to the side. Cultivating friendships is something that I think is really important, especially as we go into the new year and start to think about how we’re going to invest our time in 2022. That’s why I’m bringing back one of my favorite episodes all about friendships and entrepreneurship, where I talked about the importance of friendship not only on our mental health, but also on our physical well-being. I also shared why I’m so intentional with my own friendships and have been able to nurture them, despite the busyness that tends to come with entrepreneurial life. You can find show notes and more information by clicking here: https://bit.ly/3qjeBbY 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.

One of my favorite episodes from the past year is one I did with my accountant, Mario Lucibello, and I’m excited to share it with you again as we head into the ever-so-fun tax season. Now, I know what you’re probably thinking: accounting doesn’t sound very festive. But what if I told you that Mario has some tips for how to give yourself a last-minute bonus before we get to the end of the year? Not only does he give insights into entrepreneurship, taxes, and finances in this episode, but he also has a really unique perspective on happiness and wealth that I think everyone should keep in mind as we go through the holiday season. Mario has been fortunate to see the finances of hundreds of entrepreneurs over the years, which has helped to shape his perspective on money and wealth. So kick back and enjoy this interesting and refreshing replay. You can find show notes and more information by clicking here: https://bit.ly/3J1UEiq 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.