Podcasts about ecombalance

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Best podcasts about ecombalance

Latest podcast episodes about ecombalance

The Longer Game
Season 3 Episode 8: Making Money Starts With Knowing Your Numbers

The Longer Game

Play Episode Listen Later Jan 24, 2025 38:29


Entrepreneurial spirit is something that seems to be innate in some people, while others don't have it. Not everyone is called to lead either and that's okay! We need all types of people to run effective businesses. That's something our guest Nathan Hirsch, lifelong entrepreneur and owner of several companies including EcomBalance, knows a ton about. Nathan shares his early experiences in entrepreneurship selling books on Amazon and how that's lead to owning and growing multiple companies today. Even though he isn't a bookkeeper, Nathan understands the importance of keeping clean books. Brands often sell on multiple channels so not knowing which one is driving the most profitability can come back to bite you. That's where immaculate financial statements come into play. From early riser hustler to dad owning a portfolio of companies, Nathan invites us into his journey. You ready? The Longer Game is a podcast focused on leaning into the trends and advancements in retail so brands see a clearer path to success across ALL channels. We're looking at retail in a whole new way, looking to better understand the future of retail. It's Retail Reimagined. Sharing hope about the future. No one channel can a business sustain. Go omni-channel. Like what you're hearing? Subscribe to our channel and make sure to click or tap the bell so you get notified whenever new episodes drop. Want to learn more about The Longer Game? Head over to https://thelongergame.com to read show notes, watch more episodes, or contact us. Follow us on LinkedIn: https://linkedin.com/company/thelongergame Follow us on Instagram: https://instagram.com/thelongergame Follow us on Facebook: https://facebook.com/thelongergame Nathan Hirsch is a lifelong entrepreneur and is on a mission to make entrepreneurship simpler for millions.Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he owns a portfolio of companies with his partner, Connor Gillivan. A few you might know EcomBalance and AccountsBalance (two monthly bookkeeping services) and Outsource School (access to Nate's Hiring process and SOPs) and TrioSEO (A premium blog writing service). Nathan has appeared on 900+ podcasts and you can follow him on social media and NathanHirsch.comWebsite: http://ecombalance.com Find them on LinkedIn: https://www.linkedin.com/in/nathanhirsch/ Find them on Instagram: @nathanhirsch99 Find them on Facebook: https://www.facebook.com/nathan.hirsch/ Michael Maher, the host, would love to connect with you. Reach out to him at… Email: michael@thinkcartology.com LinkedIn: https://linkedin.com/in/immichaelmaher This podcast is sponsored by Cartology and Podcastify Me. Cartology is a customized done-for-you service agency that helps brands accelerate growth and get profitable on the Amazon marketplace. They work directly with brands to create strategy and then go right out and execute it. Want to find out more? Website: https://thinkcartology.com Find Cartology on LinkedIn: https://linkedin.com/company/cartology Find Cartology on Instagram: https://instagram.com/thinkcartology Find Cartology on Facebook: https://facebook.com/thinkcartology Podcastify Me is designed to help coaches of all kinds enter the podcasting space with minimal lift for them. And, inviting past, current and future clients to your show as part of your marketing and sales process sets you apart from your competition, in a time where podcasting is really gaining popularity. Website: https://podcastify.me Find Podcastify Me on LinkedIn: https://www.linkedin.com/company/podcastify-me/ Find Podcastify Me on Instagram: https://www.instagram.com/podcastify.me/ Find Podcastify Me on YouTube: https://www.youtube.com/channel/UCf2biqOTN2UbZ5aaM4Sx6NQ

The Thriving Farmer Podcast
317. Simplifying Business: Systems, VAs, and Bookkeeping with Nathan Hirsch

The Thriving Farmer Podcast

Play Episode Listen Later Jan 21, 2025 26:18


What does it take to scale a business, streamline operations, and keep your books in check? In this episode, Michael chats with Nathan Hirsch, a lifelong entrepreneur and co-founder of multiple successful ventures, including FreeUp and EcomBalance. Nathan shares how he went from selling textbooks on Amazon to building systems and processes for hiring remote talent and transitioning into bookkeeping services tailored for entrepreneurs. Tune in to learn how Nathan's focus on clean bookkeeping, efficient systems, and virtual assistants can help you make smarter business decisions and reduce stress as you grow your business. Episode Highlights: Entrepreneurial Beginnings: How did Nathan get started in business? [1:39] Building Systems: What systems and processes helped him scale his ventures? [5:51] From FreeUp to Bookkeeping: Why did Nathan transition into bookkeeping after selling FreeUp? [8:38] Banking Solutions: Which online banks does Nathan recommend for entrepreneurs? [19:59] How to Connect: Where can listeners learn more about Nathan's services? [22:51] Don't miss Nathan's insights into scaling a business, simplifying financial management, and the key role of virtual assistants in entrepreneurial success. About the Guest: Nathan Hirsch is a serial entrepreneur with a passion for simplifying business operations for entrepreneurs. He is the co-founder of FreeUp, EcomBalance, and Outsource School, where he shares his expertise in remote hiring, bookkeeping, and scaling businesses through streamlined systems and processes. Connect with Nathan: Website: EcomBalance LinkedIn: Nathan Hirsch   The Thriving Farmer Podcast Team would like to thank our amazing sponsor, Seedtime! Are you ready to simplify your crop planning? Seedtime is a powerful tool designed to help farmers and gardeners plan their growing season with ease. Customize your schedule based on your location, get reminders for seeding, transplanting, and harvesting, and track your progress with the built-in journal. For a limited time, get $100 off Lifetime Access or 40% off your first year. Start farming smarter at PlanWithSeedtime.com.

The Simple and Smart SEO Show
Optimizing Business: SOPs, Hiring and SEO with Nathan Hirsch

The Simple and Smart SEO Show

Play Episode Listen Later Sep 18, 2024 34:17 Transcription Available


We welcome entrepreneur Nathan Hirsch, founder of FreeUp and other ventures, to discuss the importance of standard operating procedures (SOPs), effective hiring practices, and leveraging SEO for business growth. Key Takeaways:SOPs are essential for scalability: Nathan emphasizes the importance of creating detailed SOPs for every part of the business and regularly updating them to maintain efficiency.Hiring the right people is critical: Nathan shares his strategy for hiring A-players and the importance of setting clear expectations and processes during onboarding.Market validation before investment: Before fully launching a business, ensure there is a market for it by testing ideas with potential clients and proving your ability to retain them.Balancing automation and human touch: Nathan explains how automation can help, but emphasizes the importance of keeping a personal touch in customer interactions, especially in SEO and customer service.Episode Highlights:“Prove that there's an actual market for it. Prove that you can get clients for it and prove that you can keep clients for it.”"We always want clients to feel like they're one step away from talking to me."Listener Action Items:Create or refine your SOPs: Start documenting your key business processes, and schedule quarterly reviews to ensure they stay updated.Review your hiring process: Focus on communication, attitude, and red flags during interviews to ensure you hire the right people for your team.Test your business ideas: Before investing significant time or money, run tests to ensure your product or service has a viable market.Optimize customer service: Balance automation with personal touches to ensure clients feel valued and heard.Resources & Links Mentioned:Free SOPs for SEO: TrioSEO.com/SOPEcomBalance (E-commerce bookkeeping): EcomBalance.comNathan Hirsch: Linked InSend me a text!How To Quit Your Job and Start A Business (Limited Series Podcast)How To Quit Your Job and Start A Business is a 20-episode limited podcast...Listen on: Apple Podcasts SpotifySupport the showSearch the Simple and Smart SEO Show podcast for something you heard! It's free!Apply to be my podcast guest!

The Side Hustle Show
GH: Hiring Your First Virtual Assistant: When, Where, and How to Do it Right

The Side Hustle Show

Play Episode Listen Later Jul 4, 2024 61:22


We all have a limit to our capacity. For some entrepreneurs and small business owners, that's a tough pill to swallow. But when you're up against that ceiling you've got two options. You can: Settle in. Get help. This episode is about growing your team in such a way that you have some breathing room in your schedule and in your mental bandwidth to do the work that's required of a business owner. Even though I've been hiring virtual help in my businesses since 2005, I've still got a lot to learn! This is something that's been on my mind this year as I think about where I want my current operations to go and who can help get me there. To help dive into this topic, I'm excited to welcome John Jonas and Nate Hirsch to the show. Between them, they've got more than 60 virtual team members and have been practicing remote management for more than a decade. They both run platforms to help you make your first virtual hire as well: John heads up OnlineJobs.ph, the largest remote job board and resume database for workers in the Philippines. Nate created FreeeUp.com, a curated freelance marketplace for workers all around the world. He also founded Ecombalance.com, a monthly bookkeeping service for Ecommerce Sellers/agencies, and OutsourceSchool.com where he teaches his hiring processes. Tune in to hear John and Nate's take on when it's time to hire, how to find the best talent for your budget, and some common mistakes to avoid. Full Show Notes: Hiring Your First Virtual Assistant: When, Where, and How to Do it Right New to the Show? Get your personalized money-making playlist here! Sponsors: Shopify — Sign up for a $1 per month trial! Indeed – Start hiring NOW with a $75 sponsored job credit to upgrade your job post! This is Small Business Podcast – Brought to you by Amazon, explore the stories of small business owners as they navigate their path to success!

HighLevel Spotlight Sessions
How to Build Sellable Business from Day 1

HighLevel Spotlight Sessions

Play Episode Listen Later Jun 10, 2024 39:29


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The eCommerce Podcast
Unlocking Financial Success: The eCommerce Bookkeeping Guide

The eCommerce Podcast

Play Episode Listen Later May 9, 2024 49:35 Transcription Available


In this dynamic episode of the eCommerce Podcast, host Matt Edmundson is joined by Nathan Hirsch, the visionary behind eComBalance, and special co-host Jared Mitchell, a seasoned entrepreneur deeply entrenched in the eCommerce world. This session takes an unconventional turn as we dive deep into the critical realm of eCommerce bookkeeping, finance management, and the tools that transform this daunting task into a manageable and insightful process.Episode Highlights:Introduction to eCommerce Bookkeeping: Discover why bookkeeping is a foundational pillar for achieving financial success in the fast-paced eCommerce industry.The Importance of Early Bookkeeping: Nathan Hirsch underscores the significance of implementing a bookkeeping system from day one to avoid poor financial decision-making and pave the way for informed business strategies and potential future sales.Choosing the Right Software and Support: Jared Mitchell shares his journey of navigating through various inventory management and bookkeeping systems, highlighting the importance of selecting the right software complemented by exceptional support.Key Tools for eCommerce Businesses: Learn about indispensable tools like A2X for accurate cost of goods sold (COGS) reporting and Fathom for generating user-friendly financial reports, essential for complementing primary accounting software such as QuickBooks Online or Xero.Collaboration with Service Providers: The conversation sheds light on the value of open communication and collaboration with bookkeepers and software platforms, setting realistic expectations for financial reporting and customizing services to meet specific business needs.Key Takeaways:Embrace bookkeeping from the onset of your eCommerce venture to ensure financial clarity and strategic decision-making.Opt for accounting software that is supported by robust tools and backed by excellent customer service to ease the management of your finances.Maintain a collaborative relationship with your bookkeepers and service providers to enhance operational efficiency and navigate eCommerce finance complexities with greater ease.Featured Tools and Software:QuickBooks OnlineXeroA2XFathomAbout Our Guests:Nathan Hirsch is an entrepreneur and the founder of eComBalance, a firm specializing in eCommerce bookkeeping services designed to help businesses manage their finances efficiently.Jared Mitchell brings a wealth of experience from his extensive career in eCommerce, offering invaluable insights into the practical aspects of financial management and software selection.-------------------------------------Engage with Us:We'd love to hear your thoughts on this episode and your experiences with eCommerce bookkeeping. Connect with us in the comments on YouTube or drop us an email. Your insights could be featured in an upcoming episode! Don't miss out on future episodes where we unravel the complexities of eCommerce and share actionable tips to propel your business to success. Subscribe to our podcast and follow us on YouTube to stay updated on the latest in eCommerce innovations and strategies.

How2Exit: Mergers and Acquisitions of Small to Middle Market Businesses
E211: Strategic Staffing: Nathan Hirsch's Key to Scaling Businesses through Effective Team Building

How2Exit: Mergers and Acquisitions of Small to Middle Market Businesses

Play Episode Listen Later May 8, 2024 54:48


About the Guest(s): Nathan Hirsch, a seasoned entrepreneur, excels in online businesses, strategic growth, and operations. Co-founding FreeeUp, a freelancer marketplace successfully exited in 2019, he's adept at acquiring top talent through optimized hiring. His latest ventures include Outsource School, educating on virtual team management, and EcomBalance, offering specialized bookkeeping for e-commerce. With a deep marketing understanding, Hirsch implements organic growth tactics across his ventures.Summary: In this engaging episode, Ronald Skelton chats with Nathan Hirsch, a seasoned entrepreneur specializing in business growth and exits. They explore how Hirsch scaled and sold FreeeUp, offering insights into digital marketplace expansion. From Hirsch's journey from college competitor to dropshipping and virtual assistants, to his organic marketing strategies, listeners gain valuable entrepreneurial lessons. Delve into Hirsch's strategic business approach and discover key takeaways on hiring and organic growth, essential for both aspiring and seasoned entrepreneurs.Key Takeaways:Nathan Hirsch's entrepreneurial journey showcases the importance of seizing opportunities and taking calculated risks.Understanding and executing effective hiring processes can play a pivotal role in scaling a business.Implementing an organic marketing blueprint is key to driving growth without relying solely on paid advertising.Selling a business successfully requires timing, understanding the market conditions, and ensuring the right company culture fit.Diversifying one's business portfolio and managing multiple ventures can lead to stability and continued success in entrepreneurship.--------------------------------------------------Contact Nathan onLinkedin: https://www.linkedin.com/in/nathanhirsch/Website: https://www.outsourceschool.com/exit-playbook--------------------------------------------------How2Exit Joins IT ExchangeNet's Channel Partner Network!-Why IT ExchangeNet?Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we'll respond within one business day. Everything is kept confidential.Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with IT ExchangeNet focuses on deals above $5M in value.If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.--------------------------------------------------

10 Million Journey
#324: Nathan Hirsch- Inside Millionaires mind from $5,000 to $12 million

10 Million Journey

Play Episode Listen Later Feb 22, 2024 59:19


Nathan Hirsch is a serial entrepreneur and expert in remote hiring and eCommerce. He started his first eCommerce business out of his college dorm room and has sold over $30 million online. He is now the co-founder and CEO of FreeeUp.com, a marketplace that connects businesses with pre-vetted freelancers in eCommerce, digital marketing, and much more. He regularly appears on leading podcasts, such as Entrepreneur on Fire, and speaks at live events about online hiring tactics. Nathan Hirsch also founded Ecombalance.com, a monthly bookkeeping service for Ecommerce Sellers/agencies, and OutsourceSchool.com, where he teaches his hiring processes. We will be talking about mindset of a successful entrepreneur.  Let us pick his mind on becoming an entrepreneur. Connect with Nathan: LinkedIn: https://www.linkedin.com/in/nathanhirsch/ Facebook: https://www.facebook.com/nathan.hirsch/ Instagram: https://www.instagram.com/nathanhirsch99/ Twitter: https://twitter.com/NathanHirsch99   Connect with Nathan's Free Resources: https://www.outsourceschool.com/nathan/ Connect with TrioSEO: https://trioseo.com/ Connect with Outsource School: https://www.outsourceschool.com/     Want to sit down with Anatoly 1 on 1? Even though I keep saying I AM NOT A GURU, many of you ask to sit down and pick my brain. I have decided to do a 1h HELP calls. There are 2 purposes: 1st to support you in your journey and second also to be able to break even on the production of this podcast (each episode editing, marketing, guest research etc takes about $60 - $150 to produce). Now you can schedule 1h with me, and we can talk about launching products, hiring, product research, keywords, mindset, how I did an Ironman or anything at all. Link is here: https://calendly.com/anatolyspektor/anatoly-connsulting-1h?month=2022-08   ANATOLY's TOOLS:   Product Development: Helium10 - I use it for Product Research, Keyword tracking and Listing Optimization . SPECIAL DEAL: Get 50% your first month or 10% every month: http://bit.ly/CORNERSIIH10 Pickfu - I use it for split testing all of my products and for validation ideas . SPECIAL DEAL: First split test 50% 0ff  https://www.pickfu.com/10mj   Trademarking: Trademark Angels - For all my trademarking needs. SPECIAL: Mention Anatoly and 10MJ podcast and get 10% Off your trademark.   Fiverr - I hire my 3dMockup person and images label designer here on Fiverr - http://bit.ly/10mjFIVERR Upwork - I hire people long term on Upwork - upwork.com Loom.com - for creating SOP's, I record everything on Loom and give to my VA's Keepa.com - to track historical data such as prices   ANATOLY's 3 Favorite Business Books: DotCom Secrets by Russel Brunson - I think this is a must read for every online entrepreneurs - http://bit.ly/10MJDotCom 4 hours work week by Tim Ferriss - This book changed my life and made me become an entrepreneur - http://bit.ly/10MJ4WW The Greatest Salesman In The World by Og Mandino - Old book but it goes to the core of selling -  http://bit.ly/10MJGREATSM   DISCLAIMER: Some Links are affiliate, it costs you nothing, but helps to keep this podcast on the float   Have questions? Go to https://www.10millionjourney.com   Follow us on: Instagram: @10millionjourney Twitter: @10miljourney

Post Purchase PRO - Profitable Email Marketing For Amazon Sellers
EP#133:Nathan Hirsch: The Mind Behind Multi-Million Dollar Online Ventures

Post Purchase PRO - Profitable Email Marketing For Amazon Sellers

Play Episode Listen Later Jan 22, 2024 34:06


“From college textbook sales to a multi-million dollar exit, the journey of an entrepreneur is never a straight line." - Dive into the story of Nathan Hirsch, a serial entrepreneur who built a scalable business model that led to a successful exit.In this episode of the Post-Purchase Pro Podcast, we had the pleasure of welcoming Nathan Hirsch, a seasoned entrepreneur with a wealth of experience in e-commerce and beyond. Nathan shared his journey from being one of the first 1,000 Amazon sellers to building and selling a $12 million business, FreeUp, and his subsequent ventures.After selling FreeUp, Nathan and his business partner, Connor Gillivan, took a strategic approach to their new ventures. They focused on creating B2B businesses that address core needs for any company, such as bookkeeping, SEO, and hiring processes. Nathan highlighted the importance of understanding your numbers, having a solid monthly bookkeeping process, and building a strong initial team to set your business up for long-term success and potential sale.Main Talking Points:Nathan's early days as an Amazon seller and the transition to dropshipping baby products.The inception and growth of FreeUp, and the strategic decision to sell the business.The importance of understanding your financials and having a solid bookkeeping process.Building a strong initial team and setting up your business for scalability and a potential sale.The benefits of hiring virtual assistants, particularly from the Philippines, and the C.A.R.E. and S.I.C.C. hiring frameworks.Utilizing personal branding and organic marketing to drive business growth.Nathan's personal commitment to giving back through fostering teens.Resources Mentioned:Outsource School's Exit BlueprintEcom Balance's Monthly Finance AgendaTrio SEO's SOPsFreeUpConnect with Nathan Hirsch on social media:Facebook: Nathan HirschInstagram: nathanhirsch99Linkedin: Nathan HirschTwitter: NathanHirsch99TikTok: nathanhirsch99Youtube: Nathan Hirsch's YouTube ChannelExplore Nathan's portfolio of companies: EcomBalance, AccountsBalance, Outsource School, and TrioSEO.Free Bonus for Listeners:Outsource School: 30% off Outsource SchoolEcomBalance: 2 Free Months of BookkeepingAccountsBalance: 2 Free Months of BookkeepingTrioSEO: 3 free articlesReady to simplify your entrepreneurial journey? Connect with Nathan Hirsch on social media and explore his portfolio of companies. Take advantage of the free bonuses for listeners and kickstart your entrepreneurial success!For more Amazon Seller tips, subscribe to Post Purchase PRO Podcast on Apple Podcasts or wherever you listen to podcasts.

Paint ED Podcast
Navigating Entrepreneurship: The ServiceLegend Podcast

Paint ED Podcast

Play Episode Listen Later Oct 10, 2023 47:14


Find More Episodes on PCA Overdrive: https://www.pcaoverdrive.org/service-legend-pod PCA Overdrive is free for members. Not a member? Download the app on the Apple Store or Google Play and enjoy a 7 day free trial! Become a member: https://www.pcapainted.org/membership-resources/ Meet our incredible guest, Nathan Hirsch, a lifelong entrepreneur with a jaw-dropping journey. From college textbook sales on Amazon to building a thriving baby products business, Nathan's ventures have always been marked by innovation and growth. Together with his partner, he harnessed the power of virtual assistants to scale their operations, leading to the creation of FreeeUp, a game-changing freelance and VA marketplace. The acquisition of FreeeUp opened up new horizons, inspiring Nathan to co-found Outsource School and venture into the world of monthly bookkeeping services with EcomBalance and AccountsBalance. Join us as we explore Nathan's remarkable entrepreneurial odyssey on this episode! If you want your business to reach new heights, listen in on the Service Legend Podcast today! Join the ServiceLegends Free Facebook Group if you haven't already so you don't miss this amazing story & more awesome content specifically for Concrete Coating & Painting business owners! � https://www.facebook.com/groups/38347... Useful Links: ServiceLegend: Based in Arizona

Up Arrow Podcast
Why You CAN Afford a Bookkeeper With Nathan Hirsch

Up Arrow Podcast

Play Episode Listen Later Oct 3, 2023 48:11


Nathan Hirsch is the Co-founder of EcomBalance, a monthly bookkeeping service helping e-commerce businesses manage their bookkeeping and finances. Nathan began his entrepreneurial journey in 2009 by selling products on Amazon and is best known for his involvement in co-founding Freeeup in 2015. With an initial investment of $5,000, Nathan helped scale the business to $12 million in yearly revenue before selling it in 2019. Nathan is also the Co-founder of AccountsBalance, EcomBalance's partner company, and the Co-founder of Outsource School, where he teaches business owners proven hiring methods for finding top-tier virtual assistants. In this episode… Finances are the driving force behind any company and indicate operational strengths and weaknesses. Most e-commerce business owners are ill-equipped to read and decipher financial statements, yet they shoulder bookkeeping responsibilities. Taking ownership of financials without accounting knowledge is a risk most entrepreneurs can't afford. Although hiring a bookkeeper is an additional monthly payment, business owners are relieved from the stress of balancing accounts. Bookkeeping requires understanding accounting principles and allocating time to read and record accurate financial details. Most e-commerce executives can't commit to recording expenditures amidst their leadership responsibilities. Nathan Hirsch testifies business owners who take financial responsibility are likely to spend more money fixing their mistakes than if they had hired a professional. He implores entrepreneurs to hire a bookkeeper, and, at the very least, review income statements, balance sheets, and cash flow monthly to recognize company trends.  On this episode of the Up Arrow Podcast, William Harris welcomes Nathan Hirsch, Co-founder of EcomBalance, to discuss the pertinence of accurate bookkeeping for e-commerce businesses. Nathan shares common mistakes business owners make when balancing their books, how segmenting books can accelerate business growth, and the three financial reports owners must compare monthly. He also provides resources for hiring vetted CPAs and CFOs to transcribe budget data.

Accounting Influencers
Entrepreneurial Thinking in Accounting: Nathan Hirsch

Accounting Influencers

Play Episode Listen Later Oct 2, 2023 32:55


Welcome to the Accounting Influencers Podcast, going live every Monday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.DescriptionJoin host Rob Brown on this captivating episode of the Accounting Influencers Podcast as he dives deep into the entrepreneurial mindset with special guest Nathan Hirsch. Nathan, a lifelong entrepreneur, is renowned for his unique focus on the often overlooked but vital aspects of entrepreneurship: bookkeeping and hiring. As the mastermind behind EcomBalance/AccountsBalance and Outsource School, Nathan has a wealth of wisdom to share about his journey and insights.Nathan's entrepreneurial journey began with co-founding FreeUp.net in 2015, starting with a modest $5,000 investment. Listen as he recounts how he transformed this venture into a remarkable success story, scaling it to an impressive $12 million in yearly revenue before it was acquired in 2019. As a true testament to his expertise, Nathan continues to lead EcomBalance/AccountsBalance, a monthly online bookkeeping service tailored for eCommerce and digital businesses, and Outsource School, a membership platform dedicated to teaching business owners the art of effective online hiring.With over 700 podcast appearances under his belt, Nathan brings his wealth of experience and knowledge to this episode. Delve into discussions about entrepreneurship, his worst moments, and pivotal lessons learned along the way. Explore the fascinating dynamics of selling a business, the due diligence process, and the factors that led Nathan to make such a monumental decision.Discover Nathan's valuable insights into team management, remote Virtual Assistants (VAs), and tips for comprehending your business financials better. Gain exclusive insights into the inception and growth of FreeUp, the keys to its remarkable success, and the nuances of selling a business. Nathan's expertise also extends to his insights on the importance of delegation, hiring strategies, and common hiring pitfalls that entrepreneurs should be aware of.Nathan shares his motivation behind starting Outsource School and EcomBalance, providing valuable insights into hiring distinctions, preferred hiring sources, and the significance of financial knowledge for business owners. As Nathan emphasizes the importance of financials in both operating and selling a business, he also shares his vision for the future of EcomBalance.Don't miss this enlightening episode as Nathan Hirsch and Rob Brown uncover the entrepreneurial mindset, valuable lessons, and strategies that shape the landscape of successful businesses. Tune in for an engaging conversation that offers actionable takeaways for both aspiring and seasoned entrepreneurs alike.Follow Nathan Hirsch on LinkedIn for more insights and updates on his entrepreneurial journey.YoutubeYou can watch this episode and more on our YouTube Channelhttps://www.youtube.com/@accountinginfluencers Guest BioNathan Hirsch, a lifelong entrepreneur, focuses on vital yet often overlooked aspects of business like bookkeeping and hiring. He owns EcomBalance/AccountsBalance and Outsource School. Known for co-founding FreeUp.net with a $5,000 investment, scaling it to $12M in yearly revenue, and selling in 2019, Nathan now leads EcomBalance/AccountsBalance and Outsource School. He's a featured guest on 700+ podcasts and can be found on LinkedIn.Links and Other InfoPersonal Social Media:● Facebook: https://www.facebook.com/nathan.hirsch/● Instagram:

The ServiceLegend Podcast
The ServiceLegend Podcast - Episode #56 - Navigating Entrepreneurship W/ Nathan Hirsch

The ServiceLegend Podcast

Play Episode Listen Later Sep 27, 2023 47:08


Meet our incredible guest, Nathan Hirsch, a lifelong entrepreneur with a jaw-dropping journey. From college textbook sales on Amazon to building a thriving baby products business, Nathan's ventures have always been marked by innovation and growth. Together with his partner, he harnessed the power of virtual assistants to scale their operations, leading to the creation of FreeeUp, a game-changing freelance and VA marketplace. The acquisition of FreeeUp opened up new horizons, inspiring Nathan to co-found Outsource School and venture into the world of monthly bookkeeping services with EcomBalance and AccountsBalance. Join us as we explore Nathan's remarkable entrepreneurial odyssey on this episode! If you want your business to reach new heights, listen in on the Service Legend Podcast today! Join the ServiceLegends Free Facebook Group if you haven't already so you don't miss this amazing story & more awesome content specifically for Concrete Coating & Painting business owners!

Confessions Of A B2B Marketer
7 Bootstrapped B2B Marketing Strategies with Nathan Hirsch of EcomBalance

Confessions Of A B2B Marketer

Play Episode Listen Later Sep 7, 2023 28:08


In this episode, Nathan Hirsch shares the 7 bootstrapped B2B marketing strategies he uses to grow his businesses: a strong referral program, partnerships, podcasts, influencers, building backlinks, and the importance of reviews for trust.

Startup Hustle
How to Master Your Monthly Bookkeeping

Startup Hustle

Play Episode Listen Later Aug 29, 2023 45:31


Join Andrew Morgans and Nathan Hirsch, Co-Founder of EcomBalance, as they talk about how to perfect your monthly bookkeeping routine. Hear Andrew and Nathan discuss the added difficulties in managing the books of a traditional e-commerce company. They also talk about why it is so essential to have a clean, clear, and accurate book, along with the value of keeping communication lines open.    Find Startup Hustle Everywhere: https://gigb.co/l/YEh5   This episode is sponsored by Full Scale: https://fullscale.io   Learn more about EcomBalance: https://ecombalance.com   Learn more about Marknology: https://www.marknology.com  See omnystudio.com/listener for privacy information.

Beyond A Million
086: The $12M Virtual Assistant Plan with Nathan Hirsch

Beyond A Million

Play Episode Listen Later Aug 13, 2023 61:52


DESCRIPTION: In this episode of "Beyond A Million," Brad interviews Nathan Hirsch, the founder of FreeeUp.com. Nathan discusses his journey of growing his Amazon business to $5 million in revenue and creating FreeeUp, a platform for freelancers and virtual assistants. He highlights the significance of partnerships, SEO, marketing, and client relationships. Nathan shares insights about finding the right business partner or buyer, effective communication, and the agency model behind FreeeUp. Ultimately, he delves into the pros and cons of using virtual assistants, the transformative impact of podcasts on networking and exposure, and his business portfolio. Nathan Hirsch is a serial entrepreneur and eCommerce expert. He launched his first online business from college and has achieved over $30 million in sales. Currently, he's the CEO of FreeeUp.com, linking businesses with skilled freelancers. Nathan appears on popular podcasts like Entrepreneur on Fire, sharing online hiring insights. He also founded Ecombalance.com for e-commerce bookkeeping and OutsourceSchool.com to teach his hiring strategies.   HIGHLIGHTS: Nathan Hirsch's journey: Building a $5 million Amazon business and launching FreeeUp Virtual Assistants: Pros, Cons, and Building a VA Army Partnering for Success: The Importance of Partnerships and Finding Buyers Business Strategies: SEO, marketing, and client relationship insights Agency Model: Exploring FreeeUp's Unique Approach Podcast Benefits: Networking, audience reach, and SEO improvement Key Sale Moment: The life-changing offer that sold Nathan's business   SOCIAL MEDIA Website URL: https://www.outsourceschool.com/nathan/ & https://ecombalance.com/ Social Media URL: Nathan Hirsch FB

Business Numbers Podcast
79: Interview with Nathan Hirsch

Business Numbers Podcast

Play Episode Listen Later Jul 25, 2023 38:08


In this episode, I'm interviewing Nathan Hirsch from EcomBalance and AccountsBalance. We're talking about making bookkeeping work for you, the business owner. It means less hassle and better reports for running your business without trying to turn you into a bookkeeper.

Ecomm Breakthrough
How To Attract And Hire World-Class Overseas Talent With Nathan Hirsch

Ecomm Breakthrough

Play Episode Listen Later Jul 18, 2023 50:27


Nathan Hirsch is the Co-founder and CEO of EcomBalance and Outsource School. EcomBalance is a monthly bookkeeping service for e-commerce businesses selling across multiple channels. Outsource School teaches business owners effective hiring methods for hiring and retaining top-tier, offshore virtual assistants. In 2015, he co-founded FreeUp.net, scaling it to $12M in yearly revenue before exiting in 2019. Nathan has appeared on over 400 podcasts and is a social media personality. In this episode… Offshore outsourcing involves contracting individuals or service providers located in different geographical regions. In-demand business functions and industries such as IT services, software development, finance and accounting, customer support, and data entry have sparked a need for outsourcing virtual talent. Additionally, there are a multitude of benefits to using this type of service, including cost-effectiveness, scalability and flexibility, time zone advantages, and access to specialized skills. As with any type of business, outsourcing comes with many challenges. Nathan Hirsch, a longtime entrepreneur, experienced years of hiring trial and error. The lessons he learned along the way led him to scale businesses beyond seven figures using only virtual assistants. Eager to share these methods as an online educational resource for other business owners led him to co-found the Outsource School. In this episode of the eComm Breakthrough Podcast, Josh Hadley interviews Nathan Hirsch, Co-founder of EcomBalance and Outsource School, to discuss finance and business operating systems. Nathan shares the challenges of outsourcing talent, proven hiring methods for acquiring offshore talent, the benefits of using Outsource School, and business owners' common bookkeeping mistakes. Resources mentioned in this episode: Josh Hadley on LinkedIn eComm Breakthrough Consulting eComm Breakthrough Podcast Email Josh Hadley: Josh@eCommBreakthrough.com Hadley Designs Hadley Designs on Amazon Nathan Hirsch on LinkedIn EcomBalance Special Mention(s): Kevin King  Roland Frasier on LinkedIn Michael E. Gerber on LinkedIn Chad Rubin on LinkedIn Mike Mayer on LinkedIn Profasee Start With Why: How Great Leaders Inspire Everyone to Take Action by Simon Sinek Related Episode(s): “Kevin King's Wicked-Smart Tips for Building an Audience of Raving Fans” “Seven Acquisition Strategies to Scale to Eight Figures and Beyond” “Chad Rubin's Proven Strategies to Transform Your eCommerce Business With AI”

Fearless Sellers - The Women of Amazon
#46 Profits Unleashed: $25M in Sales, Bookkeeping & Hiring

Fearless Sellers - The Women of Amazon

Play Episode Listen Later Jul 4, 2023 32:11


Interested in building your own Amazon business in partnership with 7 and 8 figure Amazon Sellers? If so, apply for your free consultation with Joie Roberts and the AMZ Insiders' team of experts here => www.amzinsiders.org/apply?sl=fp In this episode of the Fearless Sellers podcast, host Joie Roberts speaks with Nathan Hirsch, founder of EcomBalance, about the importance of bookkeeping and tracking profits and losses in Amazon businesses. Nathan shares his experience of selling $25 million on Amazon from 2008 to 2015 and emphasizes the significance of focusing on the unsexy parts of business, such as hiring and bookkeeping. He also mentions the struggles entrepreneurs face in reading balance sheets and cash flow reports. [00:01:20] Importance of bookkeeping. [00:03:40] E-commerce bookkeeping is hard. [00:06:51] Selling clothes on Amazon. [00:07:03] Financial transparency in business. [00:10:43] Outsourcing finance for businesses. [00:14:09] E-commerce baby product business. [00:18:13] Finding Virtual Assistants. [00:23:32] Starting Outsource School. [00:26:57] VA hiring process. [00:28:03] Bookkeeping for e-commerce sellers. Contact Joie on Instagram: @JoieRoberts.official Interested in building your own Amazon business in partnership with 7 and 8 figure Amazon Sellers? If so, apply for your free consultation with Joie Roberts and the AMZ Insiders' team of experts here => www.amzinsiders.org/apply?sl=fp  

Ecommerce Coffee Break with Claus Lauter
How To Say Goodbye To Your Bookkeeping Hassles | #195 Nathan Hirsch

Ecommerce Coffee Break with Claus Lauter

Play Episode Listen Later Jun 6, 2023 15:07 Transcription Available


In this episode, founder and CEO of ecombalance.com, Nathan Hirsch, shares his insights on how to say goodbye to your bookkeeping hassles.On the Show Today You'll Learn:The importance of a bookkeeper for your companyThe most common mistakes when hiring a bookkeeperHow to handle receipt collection for merchantsThe benefits of using business bank accounts and credit cardsHow to manage global sales taxes effectivelyLinks & ResourcesWebsite: https://ecombalance.com/LinkedIn: https://www.linkedin.com/company/ecombalanceTwitter: https://twitter.com/EcomBalanceGet access to more free resources by visiting the podcast episode page at https://bit.ly/3NpFLuN Episode SponsorFor inquiries about becoming a guest or sponsoring the podcast, email claus@clauslauter.com.Subscribe & Listen Everywhere:Listen On: ​ecommercecoffeebreak.com | Apple Podcasts/iTunes | Spotify | Amazon Music/Audible | Stitcher | Deezer | Google PodcastSubscribe today so you don't miss an episode!By rating and reviewing the show in the app that you are listening to, you will enable us to invite bigger and more impactful guests.Tag the podcast on InstagramSupport the showGet free marketing ideas to help grow your revenue on Shopify. In your inbox for free. Every Thursday. Consumed in 3 minutes or less. Join 3,500+ Ecommerce Merchants, Founders, and Marketers here: newsletter.ecommercecoffeebreak.com

The Exit - Presented By Flippa
Exiting a $12M Marketplace with Nathan Hirsch

The Exit - Presented By Flippa

Play Episode Listen Later May 29, 2023 28:19


This week on the exit: Nathan Hirsch describes himself as a long-time entrepreneur. He started working at 15, and soon realized that he didn't really enjoy responding to a boss, or adhering to a schedule. During college, his entrepreneurial spirit boomed: in 2008, Nathan had an Amazon account, and started experimenting with dropshipping even before it was a thing. Soon enough he was running a million dollar business out of his fraternity house. The business was growing so fast he needed to hire people quickly… and that's where the idea for freeup.net came from. Four years after its inception, the marketplace for hiring pre-vetted freelancers in all industries reached $12M dollars in revenue, and two entrepreneurs approached Nathan and his business partner with an offer… Listen to find out how the exit unfolded. Nathan Hirsch is currently the CEO of EcomBalance, a US based bookkeeping service for eCommerce businesses with monthly analysis. As well as being the CEO of AccountsBalance, A monthly bookkeeping services for agencies, SAAS, coaches, service providers, and online businesses. Nathan is also the Co-Founder of the Outsource School, which teaches you how to crack the code on hiring and scaling your business to 6 and 7 figures with virtual assistants. In 2015 he founded FreeeUp.com with the sole purpose of providing online business owners with a more reliable and faster way to hire talented workers online. Nathan exited the company after an acquisition in 2019. LinkedIn: https://www.linkedin.com/in/nathanhirsch/ Nathan's Current Companies: https://ecombalance.com/ - https://accountsbalance.com/ - https://www.linkedin.com/company/outsourceschool/ For a Free Flippa Business Valuation: flippa.com/freevaluation -- The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You'll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/

Million Dollar Relationships
Navigating the Challenges of Entrepreneurship with Nathan Hirsch

Million Dollar Relationships

Play Episode Listen Later Mar 24, 2023 23:46


Welcome once again to The Million Dollar Relationships podcast! Today, we are being joined by Nathan Hirsch. Nathan is a lifelong entrepreneur and is currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019.  Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online.  Nathan has appeared on 400+ podcasts and is a social media personality.    In this episode, we talk with Nathan Hirsch, a successful entrepreneur who started a textbook-buying business in college and went on to create Free Up, an e-commerce hiring platform. After selling Free Up before the pandemic, Nathan focused on his new ventures, Outsource School and Ecom Balance. Nathan highlights the importance of building strong relationships for business success, including due diligence on potential buyers and partnering with someone like his long-time business partner, Connor Gillivan. Together, they founded Outsource School, a membership-based platform teaching their hiring process. Despite facing failures, Nathan and Connor maintained a growth mindset and persevered. This episode offers valuable insights into entrepreneurship and meaningful relationships. Join us as we learn from Nathan's journey into e-commerce and gain valuable insights into building successful partnerships, navigating tough times, and staying agile in a fast-changing industry.     [00:00 - 14:05] Nathan Shares His Entrepreneurial Journey ·       Nathan is a long-time entrepreneur who started with a textbook-buying business in college and evolved into a drop shipping Amazon business. He eventually created a VA and freelance army of people to help him run his business. Nathan's newest venture is Accounts Balance, a monthly bookkeeping service for non-e-commerce sellers. Nathan's advice is to do due diligence on the people you're selling to and know everything about them, including their businesses, bought in the past, their success and failure, how they treat employees and customers, etc.   [14:05 - 21:15] How One Person Changed Nathan's Life and Business ·       Pandemic forced a change of plans for travel and led to the brainstorming of business ideas ·       Connor Gillivan was introduced as a business partner who changed the course of Nathan's life ·       Growing up with a high value on money, but Connor's mentality shifted focus to impact and building something bigger than oneself ·       Relationship with Connor lasted over 10 years, faced challenges but worked through them ·       They faced many downs but learned problem-solving and teamwork        [21:15 - 23:22] Closing Statements ·         Follow Nathan on Facebook and  LinkedIn. Also, be sure to check his webpage at https://www.ecombalance.com     Thanks for tuning in!    If you liked my show, please LEAVE A 5-STAR REVIEW, like, and subscribe!    Find me on the following streaming platforms: Apple Spotify Google Podcasts IHeart Radio Stitcher     Tweetable Quotes   " Being business partners is easy when things are good, but it's when things hit the fan that you realize if you can actually work with someone. Going through tough times together strengthens partnerships.” – Nathan Hirsch.

Level Up Claims
Scaling Your Business with Nathan Hirsch - Episode 9

Level Up Claims

Play Episode Listen Later Feb 8, 2023 25:53


Galen welcomes Nathan Hirsch to talk about hiring the right people for the job. He is an expert in hiring and has spoken at industry events about scaling with remote talent. One of the challenges with hiring remote workers is their reliability and accountability, but with Nathan's proven success and experiences and processes, hiring remote workers is made easy. Who's The Guest? Nathan Hirsch is the founder of FreeUp, a rapidly growing freelance marketplace catering to eCommerce and marketing businesses. Prior to starting FreeUp in 2015, Nathan sold over $25 million on Amazon. He is an expert in hiring and has been interviewed in over 200 business podcasts. Nate regularly speaks at industry events about scaling with remote talent and is a recognized figure within the industry. His client's number one problem is poor experiences hiring from other freelance marketplaces and not being able to find reliable talent online. They use other platforms to post jobs only to run into an overwhelming number of applicants that haven't been vetted leading to high rates of turnover and frustration. He solves this problem for them by pre-vetting all talent before allowing only the top 1% into the network, providing around-the-clock customer support, and only introducing them to 1 qualified candidate at a time. FreeUp's core mission is to make hiring online simpler for both business owners and freelancers. Simpler for business owners to find, hire, and pay reliable talent online. And simpler for freelancers to find and start working with new clients online. Nathan Hirsch also founded Ecombalance.com, a monthly bookkeeping service for E-commerce sellers/agencies, and OutsourceSchool.com where he teaches his hiring processes. Highlights - Getting to know Nathan Hirsch, the Expert in Hiring and Scaling with Remote Talent - His journey to success: From selling books to baby products on Amazon to building an 8-figure business - How he solves business problems with pre-vetting talent with FreeUp - Solving the hiring problem with talent and reliability - What to implement right now to make the hiring process better  Testing the concept before investing in the development - Strategies for building strategic partnerships and increasing brand awareness - Benefits of utilizing Amazon and e-commerce for business marketing strategies - Importance of reviews for any business - The process of figuring out their customer capacity - What does it mean for Nathan to level up? - How to improve the experience of potential employees Episode Resources - Connect with Galen M. Hair - https://insuranceclaimhq.com  - hair@hairshunnarah.com  - www.levelupclaim.com       - Connect with Nathan Hirsch - https://ecombalance.com/ - https://www.outsourceschool.com/ - https://freeup.net/ - https://accountsbalance.com/ - https://www.linkedin.com/in/nathanhirsch  

Ecommerce Wizards Podcast
Crucial Advice & Strategies for Selling an Eight-Figure Business With Nathan Hirsch of EcomBalance

Ecommerce Wizards Podcast

Play Episode Listen Later Feb 2, 2023 17:11


With over 13 years of experience as an entrepreneur, Nathan Hirsch is a knowledgeable ecommerce leader and a successful founder. He is the Co-founder and CEO of EcomBalance, which offers simple bookkeeping services for growing ecommerce brands. He co-founded and eventually sold FreeeUp, which provided online business owners a more reliable and faster way to hire talented workers online. Nathan also co-founded Outsource School to help companies find virtual assistants. Most recently, he launched the sister company of EcomBalance, and AccountsBalance was born and provides bookkeeping services to agencies, SaaS, and online businesses. At the beginning of his career, Nathan got his start selling textbooks through Amazon, and he and his co-founder eventually scaled it to $5 million. In this episode… In the last episode, Guillaume spoke with Nathan Hirsch about how to scale a business from nothing to eight figures. Now they touch on the next step for many entrepreneurs: How do you successfully sell and exit your business? There are countless pitfalls you need to be aware of when selling. Higher numbers are not always better, and many unsuspecting entrepreneurs have missed the proper way to exit. Since Nathan and his business partner successfully navigated their own deal, he wants to offer those same insights to you. In this episode of the Ecommerce Wizards Podcast, Guillaume Le Tual interviews Nathan Hirsch, the Co-founder and CEO of EcomBalance, to detail how to successfully sell an eight-figure business. They talk about the success that led to exiting, how to maximize your company's value, and strategies for negotiating the best possible deal. Stay tuned to hear all of the essential advice for yourself!

SuperPower Up! | Super Power Kids | Sex, Love and SuperPowers | SuperPowers of the Soul

How can you start maintaining balance in your life? In this episode of Incorporating Superpowers, host Justin Recla welcomes guest Nathan Hirsch to the show. Nathan is the co-founder of FreeUp and a successful entrepreneur behind EcomBalance and Outsource School. Being in business can cause problems with balance, so it's important to prioritize and determine your goals for life. Tune in today to learn all about maintaining balance!

Ecommerce Wizards Podcast
How To Scale an Ecommerce Startup To Eight Figures With Nathan Hirsch of EcomBalance

Ecommerce Wizards Podcast

Play Episode Listen Later Jan 26, 2023 22:41


With over 13 years of experience as an entrepreneur, Nathan Hirsch is a knowledgeable ecommerce leader and a successful founder. He is the Co-founder and CEO of EcomBalance, which offers simple bookkeeping services for growing ecommerce brands. He co-founded and eventually sold FreeeUp, which provided online business owners a more reliable and faster way to hire talented workers online. Nathan also co-founded Outsource School to help companies find virtual assistants. Most recently, he launched the sister company of EcomBalance, and AccountsBalance was born and provides bookkeeping services to agencies, SaaS, and online businesses. At the beginning of his career, Nathan got his start selling textbooks through Amazon, and he and his co-founder eventually scaled it to $5 million. In this episode… Every entrepreneur wants to know the keys to launching a successful ecommerce startup. What about the challenge of starting from scratch and working up to eight-figure revenue? This process is difficult but not impossible, and few know this better than Nathan Hirsch. Starting in his college dorm room, Nathan quickly built his side hustle into a full-blown business. Since then, he has started and successfully operated several other companies using the same winning principles. One of his more recent ventures is Outsource School, having scaled the business from zero to eight figures of income. Now he explains the process he uses that makes his companies thrive. On this episode of the Ecommerce Wizards Podcast, Guillaume Le Tual talks with Nathan Hirsch, the Co-founder of Outsource School, the Co-founder and CEO of EcomBalance, and the Co-founder of FreeeUp, about his advice and strategies for launching his businesses from the ground up. They talk about Nathan's entrepreneurial background, the internal structures his teams used, and how they got the word out about their brand. They also take time to break down Outsource School's approach to hiring and freelancing.

Incorporating Superpowers on the Superpower Network

How can you start maintaining balance in your life? In this episode of Incorporating Superpowers, host Justin Recla welcomes guest Nathan Hirsch to the show. Nathan is the co-founder of FreeUp and a successful entrepreneur behind EcomBalance and Outsource School. Being in business can cause problems with balance, so it's important to prioritize and determine your goals for life. Tune in today to learn all about maintaining balance!

Smooth Business Growth – 15 Minutes Of Pure Marketing Strategies Proven To Move The Needle

Nathan Hirsch is a serial entrepreneur – who sold FreeUp back in 2019 – and who's currently the CEO of EcomBalance, AccountsBalance, and Outsource School.  He stops by the show to talk about effective outsourcing for entrepreneurs, from why it's key and when to know it's a good time to start hiring to his interview approach and the three types of outside helpers you may need.

Real Estate Monopoly
The Key To Time Freedom MANY Investors Forget About with Nathan Hirsch | REM #178

Real Estate Monopoly

Play Episode Listen Later Jan 16, 2023 31:26


Many investors are chasing time freedom, but don't realize they're making THIS mistake… As we build our investment portfolios, we can get caught up in the day-to-day tasks. And as you become increasingly more successful in real estate, many investors don't realize their inability to let go of the vine and remove themselves from the business is keeping them trapped within it. Today's guest discusses the key to escaping the self-made prison many investors find themselves in. Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan discusses: When it comes to hiring online, what is the difference between a follower, a doer and an expert? Why is it important for entrepreneurs to delegate? What are some common hiring mistakes that you see? Interviewing, onboarding, and managing a team of remote VAs Tips for understanding your business financials better Do yourself a favor and PRESS PLAY! Connect with Nathan Hirsch Personal Social Media: Facebook: https://www.facebook.com/nathan.hirsch/ Instagram: https://www.instagram.com/realnatehirsch/ Linkedin: https://www.linkedin.com/in/nathanhirsch/ —-------------------—----------------------------------------------------------------------------------- If you want to download our FREE 3-Step Passive Investing Checklist, go to https://www.donisinvestmentgroup.com/checklist Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website – https://www.donisinvestmentgroup.com/ https://www.donisinvestmentgroup.com/checklist

Real Estate Monopoly
The Key To Time Freedom MANY Investors Forget About with Nathan Hirsch | REM #178

Real Estate Monopoly

Play Episode Listen Later Jan 16, 2023 31:26


Many investors are chasing time freedom, but don't realize they're making THIS mistake… As we build our investment portfolios, we can get caught up in the day-to-day tasks. And as you become increasingly more successful in real estate, many investors don't realize their inability to let go of the vine and remove themselves from the business is keeping them trapped within it. Today's guest discusses the key to escaping the self-made prison many investors find themselves in. Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan discusses: When it comes to hiring online, what is the difference between a follower, a doer and an expert? Why is it important for entrepreneurs to delegate? What are some common hiring mistakes that you see? Interviewing, onboarding, and managing a team of remote VAs Tips for understanding your business financials better Do yourself a favor and PRESS PLAY! Connect with Nathan Hirsch Personal Social Media: Facebook: https://www.facebook.com/nathan.hirsch/ Instagram: https://www.instagram.com/realnatehirsch/ Linkedin: https://www.linkedin.com/in/nathanhirsch/ —-------------------—----------------------------------------------------------------------------------- If you want to download our FREE 3-Step Passive Investing Checklist, go to https://www.donisinvestmentgroup.com/checklist Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website – https://www.donisinvestmentgroup.com/ https://www.donisinvestmentgroup.com/checklist

Million Dollar Mastermind with Larry Weidel
Episode #556 - Virtual Assistance: Breaking Down Barriers & Eliminating Physical Presence with Nathan Hirsch

Million Dollar Mastermind with Larry Weidel

Play Episode Listen Later Dec 15, 2022 14:46


In this episode of Million Dollar Mastermind podcast, Host Larry Weidel speaks with Nathan Hirsch, CEO of AccountsBalance, EcomBalance & Outsource School. They discuss the role of virtual assistants and how technology has made business more remote.

Million Dollar Mastermind with Larry Weidel
Episode #555 - Hustling Benefits: Freedom, Independence and Above Average Income with Nathan Hirsch

Million Dollar Mastermind with Larry Weidel

Play Episode Listen Later Dec 14, 2022 16:51


In this episode of Million Dollar Mastermind podcast, Host Larry Weidel is joined by Nathan Hirsch, CEO of AccountsBalance, EcomBalance & Outsource School. They talk about the perks of being a hustler and why a successful entrepreneur should be a hustler.

Million Dollar Mastermind with Larry Weidel
Episode #554 - Selling Strategies: Rejection & Listening to Customer Pain Points with Nathan Hirsch

Million Dollar Mastermind with Larry Weidel

Play Episode Listen Later Dec 13, 2022 13:09


In this episode of Million Dollar Mastermind podcast, Host Larry Weidel is joined by Nathan Hirsch, CEO of AccountsBalance, EcomBalance & Outsource School.

Million Dollar Mastermind with Larry Weidel
Episode #553 - Exploring Entrepreneurial Problem-Solving with Nathan Hirsch

Million Dollar Mastermind with Larry Weidel

Play Episode Listen Later Dec 12, 2022 16:45


In this episode of Million Dollar Mastermind podcast, Host Larry Weidel is joined by Nathan Hirsch, CEO of AccountsBalance, EcomBalance & Outsource School. They discuss how Nathan has solved problems associated with entrepreneurship, how to succeed in entrepreneurship, and why it's important not to be afraid of failure to grow any brand. Nathan details his path to entrepreneurship and how he scaled businesses by keeping up with technological trends.

The Catherine B. Roy Show
79 The Catherine B. Roy Show ft Nathan Hirsch

The Catherine B. Roy Show

Play Episode Listen Later Dec 8, 2022 11:33


$5K to $12M and BeyondMY GUEST TODAY:Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan has appeared on 400+ podcasts, is a social media personality. Him and his wife live in Denver, Colorado with his two dogs where they are foster parents.BIGGEST TAKEAWAYS FROM THIS EPISODE:1. Why did Nathan originally become an entrepreneur2. The key lessons Nathan learned from his entrepreneurial journey3. What led Nathan to start EcomBalanceGet Your Bookkeeping in Order With EcomBalance - Try it First Month for FREE: https://app.ecombalance.com/p/wp/lhm-int-by-catherine-b-roy

The Faces of Business
Scaling and Selling Ecommerce Businesses - Nathan Hirsch

The Faces of Business

Play Episode Listen Later Dec 8, 2022 29:22


In this, The Faces of Business, Nathan Hirsch, CEO  & Co-Founder, EcomBalance, talks about Scaling and Selling Ecommerce Businesses. Nathan has been a successful ecommerce seller and has a deep understanding of the ecommerce space overall.   Nathan is a serial entrepreneur who started as an Amazon seller in 2009. His Amazon ecommerce venture gave him valuable expertise in hiring and training Virtual Assistants. He ran his amazon ecommerce business for seven years before starting a virtual assistant marketplace because other ecommerce sellers he knew wanted to use his virtual assistants. He ran this virtual assistant agency for four years, selling it in 2019 to one of his clients.   He has used this experience to build his current business.   Check out the Blog post here: Scaling and Selling Ecommerce Businesses   Thanks for taking the time to listen today.   Find Damon Pistulka on LinkedIn talking about life & building businesses you can sell or succeed.    On Twitter as @dpistulka with inspiration and sharing thoughts.    Find out more about Damon when he's not working.  @damonpistulka on Instagram, or Damon Pistulka on Facebook.      More information on building businesses you can sell or succeed and the Exit Your Way method on our website   View our blog page for this episode here.   Email us for more information info@exityourway.com

The Ecommerce Lab By Ecomcy
[EP #76] [ENG] - How to use TIKTOK to scale your Amazon Business with Paul Harvey

The Ecommerce Lab By Ecomcy

Play Episode Listen Later Nov 28, 2022 21:21


In this episode, we'll discuss best practices and biggest mistakes when it comes to monthly bookkeeping around your Amazon BusinessMaintaining clean records is crucial to the long-term success of e-commerce companies since they have implications for scaling and selling. Nathan Hirsch experienced the same mistakes as an Amazon seller, and he warns others not to make the same mistakes. In this episode, you'll learn about bookkeeping options, how to vet a bookkeeper, and how your monthly numbers can impact your business.Nathan Hirsch and Connor Gillivan founded EcomBalance in 2021 after realizing that eCommerce businesses needed a simple bookkeeping service. Connor and Nathan are longtime entrepreneurs who have sold over $25 million on Amazon. In addition, they built the eCommerce freelance marketplace, FreeUp, to eight figures. EcomBalance is on a mission to revolutionize eCommerce bookkeeping=====================Nathan Hirsch

Ecom Growth Leaders
14 - Keeping Track of Your Numbers with EcomBalance's Nathan Hirsch

Ecom Growth Leaders

Play Episode Listen Later Nov 23, 2022 39:31


Your host, Samir Elkamouny, talks with the Co-Founder of EcomBalance, Nathan Hirsch. EcomBalance was founded in 2021 to solve the need for a simple bookkeeping service specifically for eCommerce businesses. EcomBalance is on a mission to help businesses within the eCommerce industry. They strive to build long-term relationships with their customers so you don't have to worry about your finances from startup through to acquisition. Their goal is to get you accurate numbers you can use to make smart decisions for your business.To learn more about Nathan's work, click here.If you'd like to be a guest on Ecom Growth Leaders, click HERE

Keep Smiling: The E-Commerce Customer Experience Podcast
Ep. 034 - Bookkeeping for E-commerce with Nathan Hirsch of EcomBalance

Keep Smiling: The E-Commerce Customer Experience Podcast

Play Episode Listen Later Nov 23, 2022 30:37


In my conversation with Nathan, we discuss what he's up to now, three years after the FreeUp acquisition. He describes how he started EcomBalance and Outsource School during the pandemic, the nuances of bookkeeping and accounting for e-commerce businesses, and life as a new foster parent! Nathan has a ton of energy and a passion for customer service, instilled during his time working at Firestone. He carries that with him today in the way he graciously caters to the clients, customers, and freelancers of his various companies. Enjoy my conversation with Nathan Hirsch! Full video and show notes >>> https://www.sellersmile.com/034

Print on Demand Cast
PODCast E114: How To Outsource Important Business Tasks w/ Nathan Hirsch

Print on Demand Cast

Play Episode Listen Later Oct 26, 2022 57:57


Nathan Hirsch has done a lot in his relatively short entrepreneurial career. He's built more than one multi-million dollar businesses and even sold one for what he calls "life changing money." Currently he's operating two new businesses that help business owners scale their businesses much faster through outsourcing critical business task (and even mundane tasks) so the owners can focus on sales and marketing to grow even further. Travis is solo for this interview, but he does a good job at unpacking what Oursource School and EcomBalance can do for a business owner. Nathan was also kind enough to offer our listeners discounts for both of his current businesses when you use the promo code "printondemandcast"! Outsource School - get 30% off your membership Link: https://paykstrt.com/20191/127522 Code: printondemandcast EcomBalance - get your first two months of accounting FREE Link: https://app.ecombalance.com/p/wp/print-on-demand-cast Code: printondemandcast Enjoy the show! http://printondemandcast.com http://printondemandcast.com/shop http://printondemandcast.com/facebook http://printondemandcast.com/youtube http://printondemandcast.com/instagram -------- Nathan's Links Facebook: https://www.facebook.com/nathan.hirsch Instagram: https://www.instagram.com/realnatehirsch Linkedin: https://www.linkedin.com/in/nathanhirsch --- Support this podcast: https://anchor.fm/printondemandcast/support

The Zack Franklin Show - Amazon FBA, Ecommerce, and Marketing
Nathan Hirsch - Hands Off Accounting and Bookkeeping with EcomBalance

The Zack Franklin Show - Amazon FBA, Ecommerce, and Marketing

Play Episode Listen Later Oct 2, 2022 43:08


Most Ecom businesses are unhappy with their current bookkeeping and accounting systems, if they even have one at all. Nathan Hirsch joins the podcast to talk about his new solution - EcomBalance, as well as what he's learned as a serial entrepreneur with several successful exits under his belt. 

CEO M.I.S.C.H.I.E.F. Maker
CMM39: How to Use Each Business Experience to Iterate Your Success Framework and Help More People Help the World with Nathan Hirsch

CEO M.I.S.C.H.I.E.F. Maker

Play Episode Listen Later Sep 28, 2022 23:37


From selling on Amazon to creating and selling FreeUp to helping ecom businesses with bookkeeping through EcomBalance, Nathan Hirsch shares his personal brand of innovation and impact for personal and global success.

Create Launch Monetize Podcast
S2 EP 028: Creating and Exiting Your Business For A Profit with Nathan Hirsch

Create Launch Monetize Podcast

Play Episode Listen Later Sep 26, 2022 40:32


Ever wondered if you could sell your entire business, not just the products or service? Do you host a Podcast and wonder if someone would actually buy it? We cover than and more in this episode with serial Entrepreneur, Nathan Hirsch. He is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan has appeared on 400+ podcasts, is a social media personality. Personal Social Media: Facebook: https://www.facebook.com/nathan.hirsch/  Instagram: https://www.instagram.com/realnatehirsch/  Linkedin: https://www.linkedin.com/in/nathanhirsch/  Business Social Media Links: Facebook: https://www.facebook.com/ecombalance/ Instagram: https://www.instagram.com/ecombalance1/?hl=en Linkedin: https://www.linkedin.com/company/ecombalance/ Business Links Outsource School: https://www.outsourceschool.com EcomBalance: https://www.ecombalance.com  Contact us if you'd like to create, launch, and monetize your own Podcast, Book, Speaker Business, Online or offline business, or caoching program, product, or service, at info@createlaunchmonetize.com 

Wealth Without Bay Street
133. Entrepreneur Sells Amazon Store and Creates Two New Online Businesses

Wealth Without Bay Street

Play Episode Listen Later Sep 20, 2022 40:55


FREE report 7 Simple Steps to Becoming Your Own Banker -  http://7steps.ca/    Wealth Without Bay Street EPISODE 133: Featuring on today's episode is Nathan Hirsch. Nathan is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan started his first business in 2009 from his college dorm room buying and selling textbooks on Amazon. In the next 5 years, he expanded into other products and scaled it to over $25 million in total sales.  After scaling his Amazon business and hiring hundreds of virtual assistants from sites like Upwork and Fiverr, he and his business partner, Connor Gillivan, co-founded and scaled FreeUp.net with an initial $5,000 investment to $12 million in yearly sales. FreeUp was acquired in 2019 by The Hoth.  In 2020, Nathan co-founded Outsource School to offer his exact online hiring and management methods to business owners looking to build a remote team. Nathan scaled Outsource School to hundreds of members and it continues to grow today.  In 2021, Nathan co-founded EcomBalance, an online bookkeeping service to help eCommerce business owners better master their finances and bookkeeping. After interviewing 100+ eCommerce business owners, it was clear that there was a need for a better solution in the market. Nathan decided to tackle it and the company is growing quickly.  Originally from Massachusetts, Nathan is now a foster parent and lives in Denver, Colorado with his wife and two dogs.    IN THIS EPISODE, YOU WILL LEARN:  0:00 Introduction 1:50 Nathan's Entrepreneur Journey  5:39 About EcomBalance 10:03 Selling Free Up 13:57 Comparing Trends and Numbers 20:06 Know When to Go On and Stop 24:31 Working With Trial and Error 30:36 Having the Right Partner 38:41Who Would Nathan Want To Be a Hero To    Get Connected With Nathan:   phone:  413-250-0846 email:  nathan@ecombalance.com website: ecombalance.com  

Wealth Without Bay Street
133. Entrepreneur Sells Amazon Store and Creates Two New Online Businesses

Wealth Without Bay Street

Play Episode Listen Later Sep 20, 2022 40:55


FREE report 7 Simple Steps to Becoming Your Own Banker –  http://7steps.ca/    Wealth Without Bay Street EPISODE 133: Featuring on today's episode is Nathan Hirsch. Nathan is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan started his first business in 2009 from his college dorm room buying and selling textbooks on Amazon. In the next 5 years, he expanded into other products and scaled it to over $25 million in total sales.  After scaling his Amazon business and hiring hundreds of virtual assistants from sites like Upwork and Fiverr, he and his business partner, Connor Gillivan, co-founded and scaled FreeUp.net with an initial $5,000 investment to $12 million in yearly sales. FreeUp was acquired in 2019 by The Hoth.  In 2020, Nathan co-founded Outsource School to offer his exact online hiring and management methods to business owners looking to build a remote team. Nathan scaled Outsource School to hundreds of members and it continues to grow today.  In 2021, Nathan co-founded EcomBalance, an online bookkeeping service to help eCommerce business owners better master their finances and bookkeeping. After interviewing 100+ eCommerce business owners, it was clear that there was a need for a better solution in the market. Nathan decided to tackle it and the company is growing quickly.  Originally from Massachusetts, Nathan is now a foster parent and lives in Denver, Colorado with his wife and two dogs.    IN THIS EPISODE, YOU WILL LEARN:  0:00 Introduction 1:50 Nathan's Entrepreneur Journey  5:39 About EcomBalance 10:03 Selling Free Up 13:57 Comparing Trends and Numbers 20:06 Know When to Go On and Stop 24:31 Working With Trial and Error 30:36 Having the Right Partner 38:41Who Would Nathan Want To Be a Hero To    Get Connected With Nathan:   phone:  413-250-0846 email:  nathan@ecombalance.com website: ecombalance.com  

Amazon Authority
The Importance of Bookkeeping for Ecommerce Businesses

Amazon Authority

Play Episode Listen Later Sep 10, 2022 32:23


Whether you're starting out as a new business owner or have been running an online store for years, learning how to track your expenses and revenue can feel like a huge challenge, but it does not have to be! In today's podcast, with Nathan Hirsch, CEO of EcomBalance, we'll talk about how you can handle this situation! To know more about EcomBalance, visit https://ecombalance.com/ Check out our other podcast episodes here: znap.link/sellerinteractive

Amazon Authority
The Importance of Bookkeeping for Ecommerce Businesses

Amazon Authority

Play Episode Listen Later Sep 10, 2022 32:23


Whether you're starting out as a new business owner or have been running an online store for years, learning how to track your expenses and revenue can feel like a huge challenge, but it does not have to be! In today's podcast, with Nathan Hirsch, CEO of EcomBalance, we'll talk about how you can handle this situation! To know more about EcomBalance, visit https://ecombalance.com/ Check out our other podcast episodes here: znap.link/sellerinteractive

Always Off Brand
Nathan Hirsch - “Virtual Assistants & Ecommerce Accounting Done Right!”

Always Off Brand

Play Episode Listen Later Sep 8, 2022 69:01


Sea 2 Ep 36 Nathan Hirsch - “Virtual Assistants & Ecommerce Accounting Done Right!”   9/8/2022 Having virtual teams is now more common than ever. Well, hear from one of the pioneers of hiring great people in the Philippines and all over the world the right way! Nathan Hirsch, co-founder of FreeUp which was acquired by HOTH. So now he is solving every ecommerce entrepreneurs' struggle with Accounting! Nathan now the owner and CEO of EcomBalance! He teaches us Accrual vs Cash and lots of other great ways to streamline bookkeeping, connecting your finance data with Amazon and all the accounting needs. An extraordinary entrepreneur, Hirsch shares his biggest lessons learned on growing a company from zero to a sale. We play “What's That Keyword?” Join Scott Ohsman, Summer Jubelirer and Hayley Brucker for years of knowledge and some juicy nuggets. Ecommerce Simplified! Warning, you will learn and be entertained at the same time.    Mention this podcast and get 2 free months of service from https://ecombalance.com/ Brought to you by: Athletic Greens. Activate your great deal by going to: https://athleticgreens.com/partner/d35ctoffer-nutrition/en?utm_source=podcast&utm_medium=influencer&utm_campaign=emerging_d35ct__a3878__o27&utm_term=cac__a3878__o27&utm_content=sport__a3878__o27   QUICKFIRE Info:   Website: https://www.quickfirenow.com/ Email the Show: info@quickfirenow.com  Talk to us on Social: Facebook: https://www.facebook.com/quickfireproductions Instagram: https://www.instagram.com/quickfire__/ TikTok: https://www.tiktok.com/@quickfiremarketing LinkedIn : https://www.linkedin.com/company/quickfire-productions-llc/about/   Guest: Nathan Hirsch   LinkedIn:https://www.linkedin.com/in/nathanhirsch/ Website: https://ecombalance.com/ HOSTS: Summer Jubelirer has been in digital commerce and marketing for over 15 years. After spending many years working for digital and ecommerce agencies working with multi-million dollar brands and running teams of Account Managers, she is now the Amazon Manager at OLLY PBC.   LinkedIn https://www.linkedin.com/in/summerjubelirer/   Scott Ohsman has been working with brands for over 25 years in retail, online and has launched over 200 brands on Amazon. Owning his own sales and marketing agency in the Pacific NW, is now VP of Digital Commerce for Quickfire LLC. Scott has been a featured speaker at national trade shows and has developed distribution strategies for many top brands. LinkedIn https://www.linkedin.com/in/scott-ohsman-861196a6/   Hayley Brucker has been working in retail and with Amazon for years. She is currently a Marketing Coordinator at Channel Key LLC. Hayley has extensive experience in digital advertising, both seller and vendor central on Amazon. Hayley is based out of North Carolina and has worked in multiple product categories and has also worked on the brand side and started with Nordstrom on the retail floor.  LinkedIn -https://www.linkedin.com/in/hayley-brucker-1945bb229/   Huge thanks to Cytrus our show theme music “Office Party” available wherever you get your music. Check them out here: Facebook https://www.facebook.com/cytrusmusic Instagram https://www.instagram.com/cytrusmusic/ Twitter https://twitter.com/cytrusmusic SPOTIFY: https://open.spotify.com/artist/6VrNLN6Thj1iUMsiL4Yt5q?si=MeRsjqYfQiafl0f021kHwg APPLE MUSIC https://music.apple.com/us/artist/cytrus/1462321449   “Always Off Brand” is part of the Quickfire Podcast Network and produced by Quickfire LLC.

Rising Tide Startups
6.34 – Nathan Hirsch – Ecombalance

Rising Tide Startups

Play Episode Listen Later Sep 5, 2022 30:42


Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital […]

Winning With Shopify
Lightning Episode: Scaling a business from $5k to $12 million!

Winning With Shopify

Play Episode Listen Later Sep 2, 2022 20:09


Kicking off September with a Lightning Episode!Nick is off sick this week and he has lost his voice, so our Production Director, Byron, has stepped in as we didn't want to miss a week!In this episode, Byron is joined by Nathan Hirsch. Nathan is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Before EcomBalance and Outsource School, Nathan founded FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019!EcomBalance - https://ecombalance.com/This episode is brought to you by Inventory Planner. Start your 14-day free trial now at https://www.inventory-planner.com/trialSupport the show

Your Shopify business is a journey. We help navigate and accelerate growth in the complex world of ecommerce.
Biggest Bookkeeping Mistakes Shopify Ecommerce Sellers Make With Nathan Hirsch Of EcomBalance

Your Shopify business is a journey. We help navigate and accelerate growth in the complex world of ecommerce.

Play Episode Listen Later Aug 24, 2022 37:07


In today's Shopify ecommerce podcast, my guest is Nathan Hirsch the CEO and Co-Founder from EcomBalance. They are a monthly bookkeeping service that helps Shopify ecommerce brands and marketplace sellers master their finances.Profitably GROW and SCALE your Shopify store with the resources mentioned in today's ecommerce podcast episode.Have any questions or comments about this episode? You can reach us at hello@ecommercefastlane.com or through any of our social channels. We love hearing from our listeners!Looking to profitably grow and scale revenue for your Shopify store? Click here eCommerceFastlane.com for the latest strategies. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners,
How to Work with Ecommerce Bookkeeping Services with Nathan Hirsch of EcomBalance

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners,

Play Episode Listen Later Aug 17, 2022 14:57


Bookkeepers and entrepreneurs sometimes feel like they speak separate languages! And many e-commerce sellers are not very familiar with hiring experts. So there are a few errors of communication it's critical to watch out for as an eCommerce operator when hiring and communicating with a book-keeper   Muddling up personal and business banking, not telling bookkeepers critical information; assuming bookkeepers know everything - these are some of the ways entrepreneurs shoot themselves in the foot when it comes to communicating with bookkeepers!  But there are a few simple rules of thumb that Nathan and his team have developed to get much smoother communication!   About Nathan Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan has appeared on 400+ podcasts, is a social media personality. Him and his wife live in Denver, Colorado with his two dogs where they are foster parents.   What You'll learn Why a kick-off call matters with your book keeper and what you should cover in it Why the first 30 days is critical and what needs to happen during that period Why sharing your key metrics is so important How assumptions can damage communications  How to deal with large purchases How to make sure your tax accounts tie in with your book keeping  

10K Collective e-Commerce Podcast
How to Work with Ecommerce Bookkeeping Services with Nathan Hirsch of EcomBalance

10K Collective e-Commerce Podcast

Play Episode Listen Later Aug 17, 2022 14:57


Bookkeepers and entrepreneurs sometimes feel like they speak separate languages! And many e-commerce sellers are not very familiar with hiring experts. So there are a few errors of communication it's critical to watch out for as an eCommerce operator when hiring and communicating with a book-keeper   Muddling up personal and business banking, not telling bookkeepers critical information; assuming bookkeepers know everything - these are some of the ways entrepreneurs shoot themselves in the foot when it comes to communicating with bookkeepers!  But there are a few simple rules of thumb that Nathan and his team have developed to get much smoother communication!   About Nathan Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan has appeared on 400+ podcasts, is a social media personality. Him and his wife live in Denver, Colorado with his two dogs where they are foster parents.   What You'll learn Why a kick-off call matters with your book keeper and what you should cover in it Why the first 30 days is critical and what needs to happen during that period Why sharing your key metrics is so important How assumptions can damage communications  How to deal with large purchases How to make sure your tax accounts tie in with your book keeping  

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners,

There's a saying "it's not the things you don't know that hurt you;  it's the things you think you do know and are wrong! Bookkeeping is one of the areas in which I see e-commerce sellers messing up the most in my client work. Many people simply ignore the numbers, which is a bit frightening. Other people, however, I think they're doing things the right way but they are in fact not!  And that is possibly the most dangerous of all. Join Nathan Hirsch of ecombalance to find those errors and how to work with a book-keeper to correct them!   About Nathan Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan has appeared on 400+ podcasts, is a social media personality. Him and his wife live in Denver, Colorado with his two dogs where they are foster parents.   What You'll learn Why there is no situation where you should do your own  books as an entrepreneur Why doing your books yourself badly may cost you more than hiring a book keeper! What tools to avoid in book-keeping The only 2 recommended book-keeping software systems Why cash basis accounting is a big error for ecommerce businesses What the key document is that you and your book keeper need to understand The  3 things you can't avoid paying for when you start in business  

10K Collective e-Commerce Podcast
E-commerce Bookkeeping Mistakes with Nathan Hirsch of EcomBalance

10K Collective e-Commerce Podcast

Play Episode Listen Later Aug 15, 2022 23:44


There's a saying "it's not the things you don't know that hurt you;  it's the things you think you do know and are wrong! Bookkeeping is one of the areas in which I see e-commerce sellers messing up the most in my client work. Many people simply ignore the numbers, which is a bit frightening. Other people, however, I think they're doing things the right way but they are in fact not!  And that is possibly the most dangerous of all. Join Nathan Hirsch of ecombalance to find those errors and how to work with a book-keeper to correct them!   About Nathan Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan has appeared on 400+ podcasts, is a social media personality. Him and his wife live in Denver, Colorado with his two dogs where they are foster parents.   What You'll learn Why there is no situation where you should do your own  books as an entrepreneur Why doing your books yourself badly may cost you more than hiring a book keeper! What tools to avoid in book-keeping The only 2 recommended book-keeping software systems Why cash basis accounting is a big error for ecommerce businesses What the key document is that you and your book keeper need to understand The  3 things you can't avoid paying for when you start in business  

2X eCommerce Podcast
S07 EP21: What you need to know about Bookkeeping for eCommerce w/ Nathan Hirsch

2X eCommerce Podcast

Play Episode Listen Later Aug 12, 2022 39:27


On today's episode, Kunle is joined by Nathan Hirsch, CEO of EcomBalance,  a bookkeeping service provider for eCommerce businesses that gives detailed monthly reports and analysis so that business owners can make smarter decisions geared toward growth. Nathan Hirsch was the founder and CEO of FreeeUp, a freelance platform that grew into a multimillion-dollar business until he sold it and exited in 2020. During the pandemic, he also went on and created two other platforms called Outsource School which teaches the best practices for hiring freelancers, and EcomBalance. A client working with EcomBalance will be provided a team leader and bookkeeping staff and financial controller who all work together and specialize in eCommerce. Nathan emphasizes the need for a bookkeeper who will keep your books clean monthly and can provide reports on time as it is essential for most things like taxes and for buyers to be able to build interest and trust in the business. It's an insightful episode as you'd hear Kunle and Nathan talk about Nathan's experience in building his businesses and being financially free for life, tips as an eCommerce seller as well as a service provider, the importance of clean books, and creating a clear division between the roles of an entrepreneur and a bookkeeper/accountant. They also give their perspectives on the eCommerce industry in 2022. This is a great episode for eCommerce sellers who want to build and scale a trustworthy business.-----------SPONSORS: This episode is brought to you by:  Wayflyer As you continue to grow your eCommerce business, access to growth capital will increasingly play a significant role in achieving and surpassing your financial and social goals. Why should you give up equity or pay high interest rates to grow your business? There is a new way to access growth capital that transforms eCommerce businesses.Wayflyer has shaken the way eCommerce operators access working capital. With a dedication to only DTC eCommerce businesses, Wayflyer will fund you on a fairer “fund as you grow” model, meaning if your sales slow down, so does the amount you transfer back.. There is just a simple fee and the funds you need to grow are deposited to your account instantly. It's worth checking out – Wayflyer.com Klaviyo  This episode is brought to you by Klaviyo – a growth marketing platform that powers over 25,000 online businesses. Direct-to-Consumer brands like ColourPop, Huckberry, and Custom Ink rely on Klaviyo.  Klaviyo helps you own customer experience and grow high-value customer relationships right from a shopper's first impression through to each subsequent purchase, Klaviyo understands every single customer interaction and empowers brands to create more personalized marketing moments.  Find out more on klaviyo.com/2x. Gorgias  This episode is brought to you by Gorgias, the leading helpdesk for Shopify, Magento and BigCommerce merchants. Gorgias combines all your communication channels including email, SMS, social media, live chat, and phone into one platform.  This saves your team hours per day & makes managing customer orders a breeze. It also integrates seamlessly with your existing tech stack, so you can access customer information and even edit, return, refund, or create an order right from your helpdesk.  Go to Gorgias.com and mention 2x eCommerce Podcast for two months free. Recharge This episode is brought to you by Recharge, the leading subscriptions payment solution for Shopify merchants. Recharge helps eCommerce merchants of all sizes launch and scale subscription offerings. Recharge powers the growth of over 15,000 subscription merchants and their communities—turning one-time transactions into long-term customer relationships. Turn transactions into relationships and experience seamless subscription commerce with Recharge. Find out more on rechargepayments.com/2x. 

Marketers Mindset with Chad Kodary
Nathan Hirsch Founder of Freeup Launches New Accounting Company EcomBalance

Marketers Mindset with Chad Kodary

Play Episode Listen Later Aug 2, 2022 26:36


HighLevel Spotlight Sessions
Better Bookkeeping For Agencies With Nathan Hirsch

HighLevel Spotlight Sessions

Play Episode Listen Later Aug 2, 2022 0:51


In this Spotlight Session we talk with Nathan Hirsch, a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Topics we cover:

Wizards of Amazon
#216-When to Get Your Books in Order in Your Ecom Business

Wizards of Amazon

Play Episode Listen Later Aug 1, 2022 25:40


Bookkeeping is important in any business, more so in Amazon. Today, Nathan Hirsch of EcomBalance enlightened us not just the importance of bookkeeping but how to maximize its potential and not spend too much time working on it with proper tools and knowledge. Join me and learn more about it.   In This Episode: [00:31] Nathan Hirsch is back in the show. [02:04] Bookkeeping started in drop shipping business. [05:25] Entrepreneurs shouldn't spend so much time on bookkeeping, why and how? [08:28] When to begin bookkeeping? Who to hire? [10:10] What does EcomBalance do? [18:59] Bookkeeping tools. [22:01] What sets EcomBalance apart?   Guest Links and References: Linkedin: https://www.linkedin.com/in/nathanhirsch/ Website: https://ecombalance.com/ Mention: Wizards of Ecom for discount Book References: Tools of Titans by Tim Ferris Links and References: Wizards of Amazon: https://www.wizardsofecom.com/ Wizards of Amazon Courses: https://wizardsofamazon.mykajabi.com/a/27566/x6Kwkz6p Wizards of Amazon Meetup: https://www.meetup.com/South-Florida-FBA/ Wizards of Amazon on Facebook: https://www.facebook.com/groups/WizardsofAmazon/ Wizards of Amazon on Instagram: https://www.instagram.com/wizardsofecom/

HEALTHCARE HACKS AND CONNECTIONS
Marketing Strategies To Fuel Your Business Growth with Nathan Hirsch

HEALTHCARE HACKS AND CONNECTIONS

Play Episode Listen Later Jul 28, 2022 34:59


We all know that bookkeepers take the pulse of the business and their reports help you, as a business owner, make decisions. Do you know when you should hire a bookkeeper? Is there a revenue goal that needs to be met before you hire them? What are your marketing strategies that you can apply to today's business in order to achieve that revenue goal? Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue until it was acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan has appeared on 400+ podcasts, is a social media personality, and lives in Denver, Colorado with his wife and two dogs. This week's Healthcare Hacks and Connection, Nathan Navas and Nathan Hirsch will talk about different marketing strategies and how an entrepreneur should focus expansion efforts on sales and marketing for the business while making sure that you hire the right people and keep them around you. They will touch on such topics as:The SCL, podcast, partnerships, and good affiliate program are four ways to market and grow your company.A podcast is a great way to build brand authority and opens up a lot of avenues.Try to connect with people through networking and find out how you can help without asking for anything in return.There are a lot of pros and cons when buying a business. A big pro can be a monthly recurring revenue stream, while the con can be that everything depends on you.You have to understand your numbers because it is the only way to make good business decisions.There are three types of people that you can hire: the follower, who is your virtual assistant; the doer, who is the freelancer; and the experts, who are your coaches and consultants.Culture doesn't work when you're telling other people what the culture is. Culture works when the people on your team tell you what kind of client culture they want and have the ideas to make it better. Hack: You can't make decisions based on gut or higher feelings by looking at your bank account. You have to look at what the numbers are telling you, and that's what serious entrepreneurs do.P.S. Follow, rate, and review Here  Do you need better bookkeeping? Nathan was generous enough to give our audience 1 month free. Get Started with the Best Ecommerce Bookkeepers Online Sign up HERE!!! Additional Resources: Reach out to Nathan HIrsch:Socials:Facebook: https://www.facebook.com/nathan.hirsch/Instagram: https://www.instagram.com/realnatehirsch/Linkedin: https://www.linkedin.com/in/nathanhirsch/Outsource School: https://www.outsourceschool.comEcomBalance: https://www.ecombalance.com Reach out to Me:Socials:Instagram: @thepodcast_docFacebook: www.facebook.com/nate.navas Affiliates:physiomemes.com (Discount code = Nate20)www.poddecks.com (Discount code = PODDOC)

The Chris Voss Show
The Chris Voss Show Podcast – Nathan Hirsch, CEO of EcomBalance

The Chris Voss Show

Play Episode Listen Later Jul 25, 2022 19:42


Nathan Hirsch, CEO of EcomBalance Ecombalance.com

What Do You Do Next?
Achieving Long-term Ecommerce Success With Nathan Hirsch

What Do You Do Next?

Play Episode Listen Later Jul 22, 2022 43:06 Transcription Available


Nathan Hirsch is the CEO of EcomBalance, a monthly bookkeeping service for ecommerce stores and other online businesses. He is also the Co-founder of Outsource School and is committed to helping business owners in the ecommerce and online space succeed. In 2009, Nathan started a business buying and selling textbooks on Amazon. Over the next five years, he expanded the business to offer additional products and grew his revenue to over 25 million by 2021. Before EcomBalance and Outsource School, Nathan was the Founder and CEO of FreeeUp, which he sold in 2020.In this episode…As an entrepreneur, it can be challenging to get your business off the ground as you encounter hardships and failures. With so many factors impacting entrepreneurial success, how can you build a profitable and efficient business?Life-long entrepreneur Nathan Hirsch says that mastering the hiring process is crucial for sustaining your ecommerce business. Understanding how to find great talent allows you to focus on scaling your company without having to worry about managing your daily workflow. Bookkeeping is another essential skill for business success. According to Nathan, entrepreneurs should not handle their own bookkeeping since it takes time away from profitable endeavors like sales and marketing. With EcomBalance's accounting services, you can make informed decisions regarding spending to maximize your revenue. In today's episode of What Do You Do Next?, join Martin Zerrudo as he sits down with Nathan Hirsch, CEO of EcomBalance and the Co-founder of Outsource School, to discuss how entrepreneurs can streamline their business processes to achieve long-term success. Nathan reveals the major business decisions that helped him advance his career, his biggest pitfall and his recovery process, and financial tips for entrepreneurs.This Is The DayA podcast about moving forward with your dreams, being brave and making big things...Listen on: Apple Podcasts Spotify The Personal Finance PodcastSubscribe now and Master Your Money in Less than 30 Minutes Per Week! Listen on: Apple Podcasts Spotify

End Hype: Product Entrepreneurship For Impact
From Amazon to Outsourcing to Acquisition with EcomBalance

End Hype: Product Entrepreneurship For Impact

Play Episode Listen Later Jul 11, 2022 26:43


Nathan Hirsch and Callye Keen talk through the evolution of business, stacking skills, and the power of outsourcing.EcomBalancehttps://ecombalance.com/Outsource Schoolhttps://www.outsourceschool.com/ Join The End Hype Movementredbluecollective.com/movement

Business Minds Coffee Chat
35: Nathan Hirsch | Mastering the Art of Outsourcing

Business Minds Coffee Chat

Play Episode Listen Later Jul 7, 2022 47:59


Nathan Hirsch, ecommerce, outsourcing, and hiring expert joins me on this episode. Nathan built and sold an eight figure business completely run by remote virtual assistants in the Philippines. He is the co-founder of Outsource School and the CEO of EcomBalance. We talk about what motivated Nathan to become an entrepreneur at a young age, running a business while in college, why he received a cease and desist letter from his college, becoming one of the first Amazon sellers, lessons learned through failure, benefits and objections of working with VAs, hiring mistakes, and more. Get connected with Nathan: Website: https://www.outsourceschool.com/ Facebook: https://www.facebook.com/FreeeUpNathanHirsch  LinkedIn: https://www.linkedin.com/in/nathanhirsch/  Instagram: https://www.instagram.com/realnatehirsch/  Twitter: https://twitter.com/realNateHirsch  Check out the amazing sponsors of this episode: chenzoweb.com/ https://1565coffee.com/ https://ambitious.com/ https://www.riseandrecord.com/ *1565 Artisan Coffee Special Offer: Get 15% off your order when you use promo code COFFEECHAT at checkout. *Ambitious Special Offer: Get $10 off your order of Ambitious EDGE when you use promo code COFFEECHAT at checkout. *Rise and Record 2022 Special Offer: Get 10% off your ticket price when you use promo code COFFEECHAT at checkout. Want to learn how you can work with me to gain more clarity, build a rock solid foundation for your business, and achieve the results and success you deserve? Visit http://jayscherrbusinessconsulting.com/ and schedule a 1:1 discovery coaching call. Enjoy, thanks for listening, and please share with a friend! To your success, Jay

My Amazon Guy
EcomBalance and Outsourcing - My Amazon Guy with Nathan Hirsch

My Amazon Guy

Play Episode Listen Later Jun 8, 2022 23:28


Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan has appeared on 400+ podcasts, is a social media personality, and lives in Denver, Colorado with his wife and two dogs.00:00 EcomBalance and Outsourcing - My Amazon Guy with Nathan Hirsch01:01 Nathan Hirsch's e-commerce journey 03:49 Tip on how to hire virtual assistants05:10 Virtual assistants from the Philippines06:29 EcomBalance10:10 What Nathan Hirsch has learned as an entrepreneur14:55 The 30-second gut check16:23 Seeing from a bookkeeper's perspective17:22 Do sellers need to raise their prices this year?18:38 Selling your business in the future20:27 Looking at the competitor's price20:42 What's next for e-commerce?21:53 Business books that people should read21:40 How to connect to EcomBalanceSupport the show

Streams of Income
From Selling Textbooks on Amazon to Selling a Whole Business - 147

Streams of Income

Play Episode Listen Later Jun 3, 2022 44:33


Nathan Hirsch started selling textbooks in college with his friend Connor Gillivan. Together they started a virtual assistant business then sold it and now have an eCommerce bookkeeping company called EcomBalance. This interview is full of wisdom on building a team, creating culture, and more!   Links: https://ryanreger.com/ecombalance

Prime Talk - eCommerce Podcast
PT117 - Nathan Hirsch - CEO of Ecom Balance

Prime Talk - eCommerce Podcast

Play Episode Listen Later May 31, 2022 41:28


In this Prime Talk Podcast Sponsored by GETIDA – Nathan Hirsch - CEO of Ecom Balance - talks about how he went from an Amazon Seller Who Turned Into A Serial E-commerce Entrepreneur, also more information about his life's journey. #EcomBalance #NathanHirsch About Nathan Hirsch of Ecom Balance- https://www.ecombalance.com EcomBalance was founded by Nathan Hirsch and Connor Gillivan in 2021 after discovering a huge need for a simple bookkeeping service specifically for eCommerce businesses. Nathan and Connor are longtime entrepreneurs who have sold over $25 million on Amazon so they understand the eCommerce space. They also built the eCommerce freelance marketplace, FreeUp, to 8 figures (acquired in 2019 by The HOTH). With EcomBalance, they're on a mission to change the way bookkeeping is offered to eCommerce companies. Find out more about GETIDA: https://getida.com/ Please subscribe to our channel and share your thoughts and comments below. Stay safe and healthy in the meantime!

The Brand Builder Show
029 - Amazon Bookkeeping Best Practices w/ EcomBalance Founder Nathan Hirsch

The Brand Builder Show

Play Episode Listen Later May 24, 2022 33:29


Welcome back to another episode of the Brand Builder Show! This week we're joined by serial entrepreneur Nathan Hirsch. Having scaled and sold the popular outsourcing marketplace FreeeUp, Nathan and his partner Connor recently launched EcomBalance. It's a bookkeeping startup focused on helping Ecommerce sellers get financially strong to build successful businesses. In this episode we'll discuss best practices, biggest mistakes, and keys for adding value to the asset that is your business. Enjoy! > Get 2 months free with EcomBalance (mention the Brand Builder Show for this special offer!) Helpful resourses: BBU Instagram Ben on Twitter Ben on Instagram BBU YouTube Channel Explore Brand Builder University - content, courses & coaching to help you grow your brand. If you got this far, there's a chance you enjoyed the episode… if so, please consider leaving a review - we really appreciate it! Talking Points: 00:00 Ben Introduces Nathan Hirsch 00:34 Nathan Talks about his journey with Amazon 07:34 How to sell your company and find the right buyer. 11:57 Key Process and Financial Habits 15:02 Why we need to hire a bookeeper or an accountant? 16:11 The Importance Of Healthy Books 19:45 Nathan Talks about eCom Balance. 22:59 Pain points in the eCommerce industry 30:13 Biggest bookkeeping mistakes eCommerce sellers make with their finances 31:24 Processes or principles eCommmerce should have in place to increase business value 32:33 Where to get started with eCom Balance

Two Amazon Sellers and a Microphone
#229 - Nobody Enjoys E-commerce Bookkeeping Like Nathan Hirsch from EcomBalance

Two Amazon Sellers and a Microphone

Play Episode Listen Later May 19, 2022 36:03


Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he leads EcomBalance, an online bookkeeping service for eCommerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan has appeared on 400+ podcasts, is a social media personality, and lives in Denver, Colorado with his wife and two dogs. EcomBalance: https://www.ecombalance.com Outsource School: https://www.outsourceschool.com Facebook: https://www.facebook.com/nathan.hirsch/ Instagram: https://www.instagram.com/realnatehirsch/ Linkedin: https://www.linkedin.com/in/nathanhirsch/ https://www.outsourceschool.com/vacalculator/ Outsource School: 30% off Outsource School EcomBalance: 1 Free Month of Bookkeeping Make sure to subscribe to the podcast so that you are notified of new episodes!

Growth Amplifiers
Amplified Business Advisor Podcast Series with Nathan Hirsch

Growth Amplifiers

Play Episode Listen Later May 18, 2022 22:40


Seeking more ways to Amplify Your Business? Register for our free Profit Growth Accelerator training at https://GrowthAmplifiers.com/Amplify. Growing your business can be challenging. In order to create sustained growth, you need to develop habits of success following proven strategies and frameworks. Join us as we interview the top B2B Advisors to learn their best strategies for success and pitfalls to avoid. We will share how to find your ideal clients and how to save time in the process so you can achieve more success with less headaches. In this episode, we are joined by Nathan Hirsch from EcomBalance. He helps other hard working business owners, specifically in the eCommerce industry, to give them the option to skip the years of trial and error when growing their business.

The Opportunity Podcast
The Financial Mistakes That Are Holding Your Business Back With Nathan Hirsch [Ep. 88]

The Opportunity Podcast

Play Episode Listen Later May 17, 2022 41:37


Successfully scaling your business is a great achievement, but as the size of your business grows, so does the importance of accurately tracking your financials.  Having learned the problems caused by disorganized bookkeeping the hard way, Nathan Hirsch set about co-creating EcomBalance, a service designed to simplify the way eCommerce businesses conduct their bookkeeping.  In this episode, Nathan sheds some light on the most important financial metrics to keep track of as an eCommerce seller as well as some of the biggest bookkeeping mistakes sellers make. According to Nathan, “If you want to be a successful entrepreneur, you can't be in a position where your books are not caught up, you're not receiving monthly reports, or you're falling three months behind on your financials. You have to get that financial reporting system set up, and the time to do it is now, not when you're going to sell your business.” We also dive into Nathan's previous business FreeUp, a freelancer and virtual assistant sourcing platform. We discuss the challenges Nathan faced when scaling FreeUp, the secrets to hiring the right people for your business, and Nathan's experience selling FreeUp for a whopping 8-figures.  As an added bonus, Nathan is offering 2 free months of bookkeeping to our podcast listeners! Simply go to the EcomBalance website and mention Empire Flippers or The Opportunity podcast to take advantage of this generous offer.  Listen in to this conversation if you want to learn how to master your financials to set your business up for future success. Topics Discussed in This Episode: Nathan walks us through his entrepreneurial journey so far (03:09) The unique gap in the market that Nathan addressed through FreeUp (07:45) The secrets to hiring the best person for the job (09:33) The challenges Nathan faced when scaling FreeUp (16:55) Nathan's experience exiting FreeUp (19:15) The most important due diligence steps to follow when selling your business (21:27) Nathan's secret to keeping his company's books in order (24:53) The gap in the market that inspired Nathan to create EcomBalance(27:53) The crucial financial metrics to keep track of as an eCommerce seller (29:34) The biggest bookkeeping mistakes eCommerce sellers make (30:59) The key lessons Nathan has learned along his entrepreneurial journey (35:09) Mentions: Empire Flippers Podcast Empire Flippers Marketplace EcomBalance FreeUp Outsource School A2X Accounting Quickbooks Xero Accounting ClickUp Sit back, grab a coffee, and listen to Nathan's expert advice on how to stay on top of your financial reporting.

The Seller Process Podcast
The 3 Must-Have Documents to Run All Your Numbers

The Seller Process Podcast

Play Episode Listen Later Apr 20, 2022 27:44


Join Gianmarco Meli with Nathan Hirsch as they talk about understanding your business numbers and having control over finances. Nathan is a lifelong entrepreneur and the CEO of EcomBalance and Outsource School. He shares the main documents needed to run financials correctly and how effective bookkeeping can save the business from expensive headaches down the road. Here's a breakdown of what to expect in this episode:– Why Amazon and e-commerce sellers should care about bookkeeping– Three must-have documents to keep track of the business numbers– How to make an effective P&L statement– Tips for creating a balance sheet and its importance– What should be included in the cash flow statement– And so much more!Download the samples of the “3 Must-Have Documents to Run All Your Numbers” and take your financials to the next level: https://bit.ly/37skP3O---------------------- About Nahan Hirsch:Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and acquiring it in 2019. Today, he leads EcomBalance, an online bookkeeping service for e-commerce and digital businesses, and Outsource School, a membership teaching business owners how to hire effectively online. Nathan has appeared on 400+ podcasts, is a social media personality, and lives in Denver, Colorado, with his wife and two dogs.Visit EcomBalance to learn more: https://ecombalance.com/Apply the discount code and get 40% off with code –> The Seller ProcessTools & Useful Resources– Download the ultimate guide for Amazon sellers to Capturing Systems & Creating SOPs to learn how to systemize your business and accomplish more with less: https://www.thesellerprocess.com/systemsebook/– Helium 10 – Essential tool to perform most of the operations related to your product research before deciding where to source itGet 10% off a month for a lifetime with code“THESELLERPROCESS10”: https://bit.ly/3ATFyHv 

Secrets To Scaling Online
Ep 315: Accessible Bookkeeping to Skyrocket Your Business With Nathan Hirsch, EcomBalance

Secrets To Scaling Online

Play Episode Listen Later Mar 23, 2022 25:34


It's pivotal to keep financial statements updated and well-organized to make the best decisions on the next steps to take in your business.In this episode, Nathan Hirsch of EcomBalance and Outsource School talks about how they help eCommerce brands with their bookkeeping needs. He also shares some of the pitfalls they see in people's Profit and Loss Statements.Listen to this episode!KEY TAKEAWAYS FROM THIS EPISODEKeeping your bookkeeping up to date will help you to make good decisions in real-time.You should be in a system where you can get your books within 10 days of the month being over.Compare the numbers to the previous month and the same month of the previous year to see what's going on in your company.See everything like what you sold, the fees, and the actual net.Note the cost of goods.Do segmentations to make sure that you are focusing most of your resources on what makes the most money.  Get the right people in the right spots.Recommended Tool:  ClickUphttps://www.clickup.comRecommended Podcast:  Tools of Titanshttps://tim.blog/podcast/?ampThe Motley Fool Podcasthttps://www.fool.com/podcasts/Today's Guest:Nathan Hirsch is a co-founder and the CEO of  EcomBalance.EcomBalance provides bookkeeping and accounting services for eCommerce brands.Connect and learn more about Nathan and EcomBalance here:Websites: https://www.ecombalance.comhttps://www.outsourceschool.comLinkedIn: https://www.linkedin.com/in/nathanhirschFacebook: https://www.facebook.com/FreeeUpNathanHirschInstagram: https://www.instagram.com/realnatehirschWe love our podcast community and listeners so much that we have decided to offer a free eCommerce Growth Plan for your brand! To learn more and how we can help, click here:https://mindfulmarketing.co/growthplan-applyIf you've been paying attention and your brand is ready to GROW, apply now to be the one new brand we take on this month!https://mindfulmarketing.co/apply

The Quiet Light Podcast
8-Figure EXITpreneur Shares His Journey

The Quiet Light Podcast

Play Episode Listen Later Feb 15, 2022 32:46


Nathan Hirsch is the CEO at EcomBalance, a bookkeeping service for e-commerce businesses, and the Co-founder of Outsource School, an education platform for businesses. With over 10 years of e-commerce experience, Nathan has always had a passion for running his own businesses and being an entrepreneur. He recently built and sold his e-commerce business, FreeUp.net, for eight figures.  In this episode… Do you want to spend more time scaling your brand and less time bookkeeping? If so, Nathan Hirsch has the solution to ease the financial burden for you. As an entrepreneur at heart, Nathan understands the intricate parts of running a brand — which is why he created his bookkeeping service, EcomBalance. Good financials are the building blocks of a successful e-commerce brand, and properly organized books can mean accurate add backs and a greater exit. So, how can you get organized to make more profitable decisions for your brand? In this episode of the Quiet Light Podcast, Joe Valley sits down with Nathan Hirsch, CEO at EcomBalance, to discuss the importance of e-commerce bookkeeping for growing and exiting your brand. Nathan talks about his entrepreneurial roots, how to get the most profit from your add backs, and why you need clean and proper books as an entrepreneur. Stay tuned! 

FiringTheMan
How To Use Your Monthly P&L & Income Statements To Improve and Scale Your Business with Nathan Hirsch

FiringTheMan

Play Episode Listen Later Feb 8, 2022 41:41


Episode 111On today's show, we are joined by Nathan Hirsch. Nathan is an expert in remote hiring and eCommerce. He built and exited FreeeUp.com, a marketplace that connects businesses with pre-vetted virtual assistants, freelancers, and agencies in eCommerce. Nathan's most recent project is Ecombalance where his team focuses on eCommerce businesses selling on Amazon, Shopify, eBay, Etsy, and other marketplaces master their bookkeeping. Tune in now to learn to grow your business by using your financial statements the right way![00:01 - 05:56] Opening SegmentLet's get to know Nathan HirschThe story behind building FreeUp[05:57 - 15:38] Building His Own Service-based CompanyNathan talks about how this “rebellious act” led him to entrepreneurshipWe have an interesting exchange about vegetarian dietsThe customer pain point that pushed Nathan to get out of Amazon[15:39 - 21:04] Building Trust With Potential Buyers of Your CompanyNewbie entrepreneurs should learn this thing about outsourcingHow to build trust with buyers if you want to sell your companyWant some Amazon refunds? Check out GetidaPromo code: FTM400[21:05 - 30:24] How to Look at Financial StatementsThe right time to hire bookkeeping servicesThe right way to use financial statements according to NathanNathan gives a sneak peek at the services that EcomBalance offers[30:25 - 36:05] The Future of BookkeepingNathan shares his outlook for the bookkeeping industryAre there any interesting trends in the e-commerce space right now?Is EcomBalance a good investment?[36:06 - 41:41] Closing Segment Know more about Nathan in the Fire Round!Connect with Nathan! Links belowFinal words Tweetable Quotes:“One of the ways you build trust with someone buying your company is you understand your numbers and the numbers that you're telling them on those initial phone calls match up with the numbers that are actually on the documents.” - Nathan Hirsch“You can't make business decisions just by looking at what's in your bank account and cash coming in. You have to actually see income statements, balance sheets, cash flows.” - Nathan HirschResources mentioned:ThrasioChelsea CohenSoStockedBook: Tools of TitansEmail nathan@ecombalance.com to connect with Nathan or follow him on Facebook, Twitter, Instagram, and LinkedIn. Check out EcomBalance to master bookkeeping for your e-commerce business!------------------------------------------------------------------------------------------Send us a voice message and let us know how we can help you fire the man! FacebookYouTubeInstagramEmail us --> support@firingtheman.comLEAVE US A REVIEW!

Lunch With Norm - The Amazon FBA & eCommerce Podcast
The Journey of an Entrepreneur - The BEST and WORST Moments w/ Nathan Hirsch - Ep. 230 - Lunch With Norm

Lunch With Norm - The Amazon FBA & eCommerce Podcast

Play Episode Listen Later Dec 13, 2021 57:20


In this episode, we ask our ourselves why did we begin our entrepreneurial journey? We learn about the key lessons every entrepreneur faces, and how selling a business can change your life. On today's Lunch with Norm, we have Nathan Hirsch talking about his lifelong experience and, the worst moments as an entrepreneur.  Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Currently, he is the CEO of EcomBalance and Outsource School. This episode is brought to you by Global Wired Advisors Global Wired Advisors is a leading Digital Investment Bank focused on optimizing the business sale process. Our approach combines decades of merger and acquisition experience with online and e-commerce expertise to increase the transactional value of your greatest asset. Maximizing the value of your company in a business sale is achieved through the full expression of its future potential. Choosing the right representation to provide this vision to the right buyer, means putting your future in focus. For More information visit https://globalwiredadvisors.com/ This episode is also brought to you by Sellerise. Take a deep dive into your business processes to make data-driven decisions and outperform the competition in an innovative way. Sellerise is a comprehensive solution for your everyday business needs with innovative tools like the PPC Dashboard, Smart Alerts, Review Requester, and Keyword Tracker. Everything you need to grow and scale your business is just one click away. Stand out from the crowd and conduct business whenever, wherever. Innovate your effort and work smarter, not harder. The difference is amazing. Sellerise is for professionals at every level of the business journey. Simply select the capabilities that best fit your needs. Visit https://www.sellerise.com This episode is brought to you by Zee Are you a private label seller looking to expand into larger markets internationally or need an experienced  import partner to keep growing? Zee makes selling your Amazon products abroad easy with excellent import knowledge, door-to-door solutions, customer service and scalability. Streamline your import process with Zee today to increase profit margins and continue to scale. Ready to expand your ecomm empire and take your Amazon FBA Business global? Visit https://zee.co to learn more! This episode is also brought to you by .CLUB Domains .CLUB is the most used new top-level domain name and the perfect web address for your membership or subscription-based startup or business. Why? Because your customers are your CLUB! Grow your business with a domain name that instantly means membership and subscriptions. There are a lot of great domain name choices today, but if your business is about building a community of members around a product or service, there's no better URL than YourName.club. With 1.3 million registrations worldwide, there are already thousands of e-commerce sites using .CLUB. - great subscription businesses like Soap.club, Firstleaf.club and Coffee.club. You too can join the .CLUB today. Visit https://www.get.club. On today's show we learn about the entrepreneurial journey. In this episode we talk about key lessons entrepreneurs learn and, how selling a business can change your life. Joining us today is Nathan Hirsch. Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Currently, he is the CEO of EcomBalance and Outsource School. This episode is brought to you by Global Wired Advisors, Sellerise, Zee & .CLUB Domains.

Clear the Shelf with Chris & Chris
Amazon & Ecommerce Bookkeeping with Nathan Hirsch of EcomBalance

Clear the Shelf with Chris & Chris

Play Episode Listen Later Dec 2, 2021 38:11


Today we discuss Amazon Bookkeeping with Nathan Hirsch of EcomBalance. Nathan Hirsch is a lifelong entrepreneur and currently the CEO of EcomBalance and Outsource School. Nathan started his first business in 2009 from his college dorm room buying and selling textbooks on Amazon. In the next 5 years, he expanded into other products and scaled it to over $25 million in total sales. ---------------------------------------- Interested in two free months of Bookkeeping services? Just mention you heard about EcomBalance from Chris Grant here and they will hook you up. ➡️ https://www.ecombalance.com ---------------------------------------- After scaling his Amazon business and hiring hundreds of virtual assistants from sites like Upwork and Fiverr, he and his business partner, Connor Gillivan, co-founded and scaled FreeUp.net with an initial $5,000 investment to $12 million in yearly sales. FreeUp was acquired in 2019 by The Hoth. In 2020, Nathan co-founded Outsource School to offer his exact online hiring and management methods to business owners looking to build a remote team. Nathan scaled Outsource School to hundreds of members and it continues to grow today. In 2021, Nathan co-founded EcomBalance, an online bookkeeping service to help eCommerce business owners better master their finances and bookkeeping. After interviewing 100+ eCommerce business owners, it was clear that there was a need for a better solution in the market. Nathan decided to tackle it and the company is growing quickly. Originally from Massachusetts, Nathan now lives in Denver, Colorado with his wife and two dogs. ---------------------------------------- Interested in two free months of Bookkeeping services? Just mention you heard about EcomBalance from Chris Grant here and they will hook you up. ➡️ https://www.ecombalance.com EcomBalance is on a mission to help eCommerce businesses selling on Amazon, Shopify, Ebay, Etsy, and other marketplaces master their monthly bookkeeping so they can better understand their numbers and make smarter business decisions. EcomBalance specializes in eCommerce, but also caters to other online businesses. --- Send in a voice message: https://anchor.fm/cleartheshelf/message