Carol Scott is an owner of a successful real estate investing company, 1-2-3 Flip.
Think you can’t come up with a million dollar (or TEN MILLION DOLLAR) idea sitting around with your buddies? Think you can’t build an 8-figure business and have a ton of fun doing it? Think you can’t build a business like this in less than three years?Then this episode is for you!Chris Meade -- twenty-something co-founder of the 8-figure game company Crossnet -- was a kid with a dream when he, his brother and a friend conceived of a new take on beach volleyball. With nothing more than a fun idea and some determination, they got prototypes designed, started selling individual games through viral marketing and are now on track to do over $15 MILLION in revenue in 2020.In this advice-filled episode, Chris breaks down many of his companies processes in detail. He starts by giving a step-by-step plan for finding overseas manufacturers to prototype, build and package your product -- incredibly inexpensively! He tells us how to do it, how much it costs, how long it takes, and then provides some pro-tips to keep you from making some big mistakes -- and not getting taken advantage of -- in the process.Chris then talks about how he and his partners were able to start selling the game using viral marketing techniques, social media, and their own sales funnels. From there, he goes on to provide some great advice for how to keep your product and marketing expenses low (including some tips on things that can be negotiated that you probably don’t realize).Make sure you listen for the single most important skill an entrepreneur needs to be successful. Chris discusses how he used that skill to get sales, to get his product on the shelves of the national retail chain, Dick’s Sporting Goods, to get a partnership with one of the largest sporting manufacturers in the world, and ultimately to get a partnership with a professional volleyball league that will allow his company to grow and expand beyond imagination.Check her out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show!Links from the ShowBiggerPocketsGirls (HBO)UberAlibabaAliexpressShipMonkShipdaddyShipBobShopifyBiggerPockets Business Podcast 01: How to Turn a Hobby Into a Booming Business (Then Get Your Life Back)—The BiggerPockets Story With Joshua DorkinDICK's Sporting GoodsSCHEELSAcademy Sports NationwideLinkedInOkendoWilsonFreeUpBiggerPockets Business Podcast 41: Outsourcing Your Way to Millions with Nathan Hirsch of Outsource SchoolCheck the full show notes here:
Ready for some solid motivation on moving forward and pushing through? Need a reminder of the passion that led you to start your business in the first place? Could you use a dose of inspiration from two business partners who clearly share the same goals and are committed to succeed together, no matter what obstacles they face? This episode delivers all that and more!Michelle Oppelt and Samantha Mooney -- co-owners of Smartycat Kids and SmartyCatTV, have had a great run. Pouring tremendous amounts of faith into each other with a symbiotic relationship based on trust and tenacity, this dynamic duo spent over a decade developing, nurturing, and growing an engaging child education enrichment company serving hundreds of families.Operating like a well-oiled machine and with a plan in place for extreme expansion, timing wasn’t exactly on their side. Simply stated, Covid brought business to a screeching halt. Faced with a seriously tough situation, Michelle and Samantha took a big step back, assessed the situation, then faced the harsh reality. Their brainchild couldn’t just pivot--it was time to completely reinvent.In this episode, Michelle and Samantha give us great tips on using resources wisely, reaching out far and wide to find like-minded thinkers who can help us view things through a different lens. They give heartfelt advice on keeping your mission front and center to guide you through difficult choices. And they encourage us to not only accept change, but to fully embrace it, finding new opportunities to propel your entity to an entirely new place.Check them out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show!Links from the ShowBiggerPocketsCNBCZoomYoutubeTikTokBill NyeDean GraziosiBiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodBiggerPockets Podcast 284: The “Miracle” Behind Becoming a Millionaire with Hal Elrod and David OsbornMasterclassCheck the full show notes here:
Have you ever wanted to get a business school education, but didn’t want to spend the tens of thousands of dollars -- and many years of your life -- going to business school?Josh Kaufman -- author of the best-selling and foundational business book, “The Personal MBA” -- is here to talk about getting a business school education without having to ever set foot in college. Josh has just released his 10th Anniversary edition of his book, and provides a wealth of knowledge for entrepreneurs at any stage of their journey.On today’s episode, we talk about everything from how to learn business to measuring the success of your business to creating the systems and processes necessary to keep your business humming along. In addition, Josh provides actionable tips on how to overcome some of the biggest struggles facing entrepreneurs and biggest owners.Make sure you listen for Josh’s discussion of “akrasia” -- the idea that you know what you should be doing, and what is theoretically best for you, but often, you just can’t get yourself to do it. And then listen to Josh tell us exactly how we can overcome that roadblock and keep pushing forward.And make sure you listen to the end, where Josh recommends the top 99 business books you should have on your reading list to really propel you and business to success.Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! Links from the ShowBiggerPocketsProcter & Gamble CompanyMr. CleanSwifferDawnCascadeFebrezeY CombinatorBiggerPockets Business Podcast 67: Thinking BIG and Raising $70 Million with Jay RenoKickstarterCheck the full show notes here:
Is family front and center in your life? Do you dream of the day you can truly put family first while generating income and creating a lasting legacy? Would working alongside your loved ones, building together, be the icing on the cake? With all the uncertainty we are all currently facing, there’s no better time than now!Sabrina Rosenberg -- new owner/operator of A Childhood Store, a kid-focused company in its early stages of growth -- spent 15 years building other people’s businesses. Although a hefty salary, impressive awards for her accomplishments, and strong influence among staff members kept her going, the 16 hours a day, 7 days a week schedule left her missing out on what really mattered. In early 2020, enough was enough. She didn’t have a solid plan for what to do next, but was confident that her depth of experience in building systems and processes, utilizing her resources wisely, and digging deep to research, push forward, and problem solve would serve her well.In this episode, Sabrina tells us about the steps she took to join forces with her incredibly creative sister, who started a kid-focused product company several years prior. Its eco-friendly, sustainable offerings drew the attention of Whole Foods -- and Sabrina’s knack for building businesses was exactly what was needed to take the company to the next level.Sabrina provides us insight to a roadmap of steps she has taken, and that you can take as well, to start operating a side hustle like a real business. She shares incredibly valuable tips on entering into key distribution and wholesale channels. And best of all, she gives us some heartwarming inspiration about involving the entire family every step of the way.Make sure you listen all the way through to the end for Sabrina’s simple yet powerful 3 words of advice for anyone in the early stages of building a business. Follow this advice and it’s impossible to NOT make progress.Check her out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show!Links from the ShowBiggerPocketsWhole FoodsAmazonFaireThe Product BossEtsyCheck the Full Show Notes here:
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3 days, 7 hours
Podchaser Creator ID logo 398584