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How2Exit: Mergers and Acquisitions of Small to Middle Market Businesses
Watch Here: https://youtu.be/yPVBN0SOG14About the Guest(s): Nate Ginsburg is a seasoned entrepreneur with an impressive track record of building and acquiring businesses. He is the owner of Centurica, which provides due diligence and quality of earnings services, and SellerPlex, a full-service Amazon agency. Recently, he co-founded NTMK Logistics, a freight forwarding business. Nate has a diverse global team managing operations and has a strong background in e-commerce, logistics, and financial analysis.Summary: In this How2Exit podcast episode, Ronald Skelton reconnects with Nate Ginsburg from episode 70. Nate shares updates on his three businesses—Centurica, SellerPlex, and NTMK Logistics—discussing the intricacies of managing multiple companies and leveraging synergies. He provides insights into logistics and e-commerce, strategies for business growth through acquisitions, and the complexities of quality of earnings and due diligence. Nate offers valuable lessons from his career, highlighting the decision-making processes in starting new ventures versus acquiring existing ones.Key Takeaways:Entrepreneurial Experience: Nate Ginsburg discusses his journey of starting and acquiring multiple businesses, providing a unique perspective on both approaches.Quality of Earnings and Due Diligence: He emphasizes the importance of thorough financial verification and balance sheet analysis, especially in brick-and-mortar acquisitions.Logistics Industry Insights: Nate explains the vast and interconnected logistics industry, shedding light on freight forwarding and the collaboration between different companies.Strategic Growth vs. Synergies: The conversation explores the complexities of pursuing synergies between businesses and finding the best growth strategies for each individual company.Decision-Making Processes: Nate highlights the critical thought processes involved in deciding whether to invest in acquisitions, new ventures, or existing business growth.--------------------------------------------------Contact Nate onLinkedin: https://www.linkedin.com/in/nateginsburg/Website: http://nateginsburg.com/--------------------------------------------------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.--------------------------------------------------
How2Exit: Mergers and Acquisitions of Small to Middle Market Businesses
CEO of Centurica, the premium provider of buy-side due diligence services for online acquisitions. 10 + years online entrepreneur, investor and Yogi.Centurica, works with a large range of individual investors, funds and PE firms to help them:1) Verify that the business is what the seller is reporting2) Uncover and hidden risks that could derail the business3) Identify key opportunities for improving the business and increasing its value4) M/A Advisory to help interested acquirers with deal flowThey provide unique value to clients due to their operational and business growth expertise. Nate has built multiple 7 figure businesses (in e-commerce and service business models). Had two exits. Started SellerPlex as well as am an investor in a portfolio of other online businesses. Now my focus is on leading our team at Centurica. Aside from business, Nate is passionate about yoga, personal development, travel, health/fitness, mindfulness and audiobooks. To get a sense for my values check out some of the posts on my page.--------------------------------------------------Watch it on Youtube: https://youtu.be/11oaAcmK4nY--------------------------------------------------Contact Nate onLinkedin: https://www.linkedin.com/in/nateginsburg/Website: https://Centurica.comTwitter: https://twitter.com/NateGinsburg--------------------------------------------------How2Exit Joins ITX's Channel Partner Network!-Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX 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 ITX 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 ITX 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, visithttps://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with ITX 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. Flippa - Real Buyers, Real Sellers - Where the Real Deals Are MadeVisit Flippa - https://www.dpbolvw.net/click-100721038-15233003--------------------------------------------------
Today we have an ex Amazon seller and one of my favorite writers and you'll learn why on this episode, Nate Ginsburg of Centurica not only shares his experiences, hacks and tips and his love for service related business but how his love for fitness impacted and helped him succeed in business. Listen in and be inspired. In This Episode: [01:26] Welcoming Nate Ginsburg in the show. [04:50] Retreat, Trade Shows, Masterminds and Conferences. [07:50] Retreat in Peru [14:35] 6 needs [17:50] Were you always on this field? [25:00] First business. [27:00] Service business [30:00] Hacks and Tips [35:50] About Centurica Guest Links and References: Website: https://centurica.com/ Instagram: https://www.instagram.com/nateginsburg/?hl=en Book Reference: The Artist Way Morning Pages by Julia Cameron The Bhagavad Gita by Jack Hawley 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/
Today's guest on the Niche Pursuits podcast is Nate Ginsburg. Nate has a background in Amazon FBA and Business Acquisition. He joins Jared today to talk about purchasing Centurica, dropping lots of valuable knowledge bombs for anyone looking to acquire a business now or in the future.
When it comes to navigating the twists and turns of acquiring a business, particularly one in the 7-figure range, even the most seasoned entrepreneurs often find themselves in unfamiliar territory. In this episode, Nate Ginsburg, a 10+ year online entrepreneur and investor gives us a behind-the-scenes look into his 7-figure acquisition of Centurica, a due diligence service that guides buyers through the complexities of assessing and purchasing web-based businesses. Nate walks us through the biggest pressure points of the acquisition, including how he approached the previous owner with an offer to purchase Centurica, how he financed the deal, and the support structure made available to him as a buyer. He shares the biggest lessons he learned from the purchase and reveals the advice he would give himself if he had to do it all over again. According to Nate, “My advice to buyers is, during your due diligence, spend some time looking into the nitty gritty parts of the operation to understand the deliverables you'll have to build out when you take over the business. You should also try to engage the seller in as long of a transition and support period as possible.” We also dive into the different categories and components of buyer due diligence, how to overcome key-person risk, and we break down the hidden risks and opportunities that buyers can uncover with the right research. If you're considering buying an online business you can't afford to miss out on Nate's first-hand knowledge of the ins and outs of the acquisition process. Topics Discussed in This Episode: Nate walks us through his entrepreneurial background (02:14) A brief overview of Centurica and why Nate was inspired to acquire the business (06:30) Nate walks us through how he went about acquiring Centurica (09:22) The SBA loan process and how Nate determined the value of Centurica (12:41) Key-person risk and importance of hiring the right team (15:33) The different categories and components of due diligence (29:54) Hidden risks and opportunities that can be uncovered during buyer due diligence (34:40) Why online businesses are a great investment (36:31) The biggest changes Nate has seen in the online business industry over the past few years (37:33) The advice Nate would give himself if he started his online journey all over again (40:13) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Centurica SellerPlex Sit back, grab a coffee, and learn the importance of buyer due diligence when acquiring an online business.
When it comes to navigating the twists and turns of acquiring a business, particularly one in the 7-figure range, even the most seasoned entrepreneurs often find themselves in unfamiliar territory. In this episode, Nate Ginsburg, a 10 + year online entrepreneur and investor gives us a behind-the-scenes look into his 7-figure acquisition of Centurica, a due diligence service that guides buyers through the complexities of assessing and purchasing web-based businesses. Nate walks us through the biggest pressure points of the acquisition, including how he approached the previous owner with an offer to purchase Centurica, how he financed the deal, and the support structure made available to him as a buyer. He shares the biggest lessons he learned from the purchase and reveals the advice he would give himself if he had to do it all over again. According to Nate, “My advice to buyers is, during your due diligence, spend some time looking into the nitty gritty parts of the operation to understand the deliverables you'll have to build out when you take over the business. You should also try to engage the seller in as long of a transition and support period as possible.” We also dive into the different categories and components of buyer due diligence, how to overcome key-person risk, and we break down the hidden risks and opportunities that buyers can uncover with the right research. If you're considering buying an online business you can't afford to miss out on Nate's first-hand knowledge of the ins and outs of the acquisition process. Topics Discussed in This Episode: Nate walks us through his entrepreneurial background (02:14) A brief overview of Centurica and why Nate was inspired to acquire the business (06:30) Nate walks us through how he went about acquiring Centurica (09:22) The SBA loan process and how Nate determined the value of Centurica (12:41) Key-person risk and importance of hiring the right team (15:33) The different categories and components of due diligence (29:54) Hidden risks and opportunities that can be uncovered during buyer due diligence (34:40) Why online businesses are a great investment (36:31) The biggest changes Nate has seen in the online business industry over the past few years (37:33) The advice Nate would give himself if he started his online journey all over again (40:13) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Centurica SellerPlex Sit back, grab a coffee, and learn the importance of buyer due diligence when acquiring an online business.
Nate Ginsburg tells the story of acquiring Centrurica, a company that does due diligence services for online businesses.Nate GinsburgCEOCenturicacenturica.comNeed help with your bookkeeping? Want help with cashflow planning?Isaac's professional team provides bookkeeping and fractional CFO service. Get in touch here:Summit eCommerce Advisorssummitecommerce.co
Nate Ginsburg is an entrepreneur, investor, and CEO of Centurica, a premium provider of buy-side due diligence services for online acquisitions. For the last 10 years, Nate has been an online entrepreneur for brands such as Onset LLC, Onset Interactive, and SellerPlex. He is a Partner at AMZ Pathfinder and Principal at Abound Ventures. Nate graduated from the University of Wisconsin-Madison with a degree in economics and philosophy. He is passionate about yoga, personal development, travel, health and fitness, mindfulness, and audiobooks. In this episode… If you're buying a business on or off Amazon, how can you avoid common mistakes and red flags that can delay your deal? According to Nate Ginsburg, a business needs to have solid financial pillars to avoid any pitfalls. Through the process of due diligence and valuation, an entrepreneur can have confidence when purchasing a business — and that is what Nate brings to the table. With his purchase of Centurica, he is creating value for others and his brand by having conversations and educating others on the buying and exiting process. So, how can you make sure your finances are in place? In this episode of the Quiet Light Podcast, Joe Valley sits down with Nate Ginsburg, entrepreneur, investor, and CEO of Centurica, to discuss the importance of due diligence when growing and exiting your brand. Nate talks about his approach and journey to purchase Centurica, the deal structure of working with an SBA loan, and red flags a buyer needs to watch out for when purchasing a business. Stay tuned!
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
~WHAT YOU'LL LEARN~How to Avoid Falling into The Sunk Cost Fallacy That's Draining Your Career OpportunitiesUnlocking Opportunities (especially $200,000 Working Capital from Crypto Affiliate Agency)Breaking through your Zone of Genius, Gaining Clarity and Direction that Leverages your SuperpowersExposing The Matrix behind the Agency Model that Pumps Consistent Cashflow How to Solve Expensive Problems, Double-down on your Strengths, and Reap the Rewards1 Facebook Post that Leads to More Promising Offers Compared to eCommerce GroupsHow to Create 10/10 Win-Win Partnership Opportunities with $0 Capital InvestmentLiberating and Leveling Up My Body Through Primal Movements, with Ivan Ezoric GOATA Coach~CONTACT DETAILS~If you would like to know more about Nate Ginsburg, you can follow him:https://www.facebook.com/nateginsburgbizhttps://www.instagram.com/p/CQPf4vrn875/www.instagram.com/ivanezoric/?hl=en
Show notes Have questions? Go to https://www.10millionjourney.com/ Follow us on Instagram https://www.instagram.com/10millionjourney/ My guest today is Nate Ginsburg. Nate is the CEO of Seller Plex. He sold his Amazon business several years ago. He has lots of experience in it. And we're going to talk today about what it is to sell an e-commerce business. Nate is also a fellow podcaster. His podcast is called e-commerce exits, he interviews successful entrepreneurs who either aces or businesses or just share their exciting stories. He's also a digital nomad like I am and has all the struggles of being a digital nomad. So we're going to talk about what it takes to sell e-commerce, e-commerce business, team building, goal setting travel, and mindfulness. Resources mentioned in this episode: Interview with Nate about his backstory: Nate with Ryan Cramer - https://www.facebook.com/167706240624729/videos/3213072355461663 Tools Nate uses: Slack - https://slack.com/ Books that were mentioned in this episode: The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael Gerber (https://www.amazon.com/Myth-Revisited-Small-Businesses-About/dp/0887307280) The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary Keller (https://www.amazon.com/ONE-Thing-Surprisingly-Extraordinary-Results/dp/1885167776) The 12 Week Year: Get More Done in 12 Weeks than Others Do in 12 Months by Brian P. Moran (https://www.amazon.com/12-Week-Year-Others-Months/dp/1118509234) The Greatest Salesman in the World by Og Mandino (https://www.amazon.com/Greatest-Salesman-World-Og-Mandino/dp/055327757X) Audio books: Greenlights by Matthew McConaughey (https://www.amazon.com/Greenlights/dp/B08HLW2JXD) Awareness by Anthony de Mello (https://www.amazon.com/gp/product/B005GFBP6W/ref=dbs_a_def_rwt_bibl_vppi_i0) Books Nate recommends: The Untethered Soul: The Journey Beyond Yourself by Michael A. Singer (https://www.amazon.com/Untethered-Soul-Journey-Beyond-Yourself/dp/1572245379) Connect with Nate: Podcast: eCommerce Exits https://sellerplex.com/subscribe-to-ecom-exits/ LInkedIn: https://www.linkedin.com/in/nateginsburg/ Facebook: https://www.facebook.com/nateginsburg Instagram: https://www.instagram.com/nateginsburg/?hl=en Nate’s Personal Website: https://www.nateginsburg.com/ Seller Plex Website: https://sellerplex.com/ Seller Plex FB Page: https://www.facebook.com/SellerPlex.SP
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
~WHAT YOU’LL LEARN~ How Gracey Sold 800 Units and generated $30,000 for an Amazon Seller with 1 Viral TikTok VideoWhat Sells on TikTok? Deep Dive Insights3 Pillars to TikTok Virality for Amazon Sellers6 TikTok Tips for Generating MASSIVE Organic Amazon Sales~CONTACT DETAILS~If you would like to know more about Gracey RyBack, you can follow her:Email: graceymariebusiness@gmail.comTikTok: @amazoncheats, @dealcheats ---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
~WHAT YOU’LL LEARN~ 3 Networking benefits of the Million Dollar Sellers Facebook Group5 Core Values for Maximum Contribution, Purpose, and SuccessHow to Gain Exposure and Drive Traffic & Sales through Discount SaleBe Upfront, Share with your Community, and Make a ContributionGamify Your Marketing with your AudienceWhat it Means to Uncomplicate your AppsHow to Fail Until You Win and Win Big ~CONTACT DETAILS~If you would like to know more about Ian Sells, you can follow him:Websites: https://www.milliondollarsellers.com/mds-application, RebateKey.com, eComPartners.co ---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
~WHAT YOU’LL LEARN~ 7 Inspiring Stories to Access your "Idea Machine," Creating Endless Product IdeasWoman on a Mission, Amy Wees's Incredible Amazon Journey from Launching Products to Success5 Life Hacks to Open your Mind for More Opportunity#1 Quick and Simply Way to Improve your Amazon Listing for FREEFrom Dud to Stud, How to Sell Out your Lame Product with This Free Listing Hack~CONTACT DETAILS~If you would like to know more about Amy Wees, you can follow her:Email - Amy@amazingathome.comWebsite: https://amazingathome.com/ ---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
~WHAT YOU’LL LEARN~ 3 Rules for Success in the South East Asia Market3 South East Asian Markets You Can Tap IntoWhy Beauty, Baby, and Supplements are Best Sellers in AsiaThe #1 Best Asian Country To Begin Selling and Expanding Your Products~CONTACT DETAILS~If you would like to know more about Andy Lee, you can follow him:Email - Contact@AndyAmazonAdvocate.comYouTube: https://www.youtube.com/c/AndyAmazonAdvocate?sub_confirmation=1 ---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
~WHAT YOU’LL LEARN~ 5 Major Differences Sourcing New Products From India versus China5 Must Know Details When Sourcing Products in IndiaWhy Sourcing Home Décor from India is the PERFECT PlaceThe #1 Tip to Land Your Dream Supplier~CONTACT DETAILS~If you would like to know more about Meghla Bhardwaj, you can follow her:Email - fernando@marketplaceops.com ---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
From Exiting for 8-Figures to Managing Amazon Brands in the CPG Space, Learn the Best Tactics and Trends for 2021 with Fernando Campos, 8 Figure Seller and Founder of Marketplace Ops in this episode of The Ecom Exits Show.~WHAT YOU’LL LEARN~ 6 Pro Tips to Improve Inventory and Cashflow for your Brand4 Tips to getting an SBA Loan for your business5 Insights to Exiting Your Business for 8-Figures4 Marketplaces trends to incorporate in your product launch strategy~CONTACT DETAILS~If you would like to know more about Fernando Campos, you can follow him: Email - fernando@marketplaceops.com ---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
"In life you spiral up or spiral down, but you always spiral." Chris Rawlings is a serial entrepreneur that has found himself up at his highest at $7.5 Million net worth to losing it all. This is his story on how he climbed back to the top with his new company, Sophie Society Co.. We talk science, spirituality, business, and impact.~WHAT YOU’LL LEARN~ From Science to Business, Rediscovering Spirituality and ImpactCan Spirituality and Entrepreneurship Co-Exist?The power of quantitative resultsHow content and PPC advertising interconnect on Amazon~CONTACT DETAILS~If you would like to know more about Chris Rawlings, you can follow him: Email - chris@sophiesociety.com ---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
How do you improve your sales velocity on Amazon? Our guest today is a specialist in this field and her strategy is simple (yet difficult to execute): Increase your product ranking. As an Amazon ranking specialist, Izabela Hamilton, Founder of Rank Bell, reveals the behind-the-scene approach on how to launch your product and give it the best chance for immediate success with a proven ranking strategy. If you're deciding between a PPC strategy vs a ranking strategy for product launches, she's got some great pointers in today's episode of the Ecom Exits Podcast. ~WHAT YOU’LL LEARN~ How to Increase Sales Velocity Executing a Proven Ranking StrategyWhy Most Amazon Sellers Are NOT Ready for Success After a Ranking IncreaseHow to Approach Amazon Ranking in 2021 The Challenges of High Ranking on Amazon~CONTACT DETAILS~If you would like to know more about Izabela Hamilton, you can follow him: IG - https://www.instagram.com/bela.iza.bela/?hl=en FB - https://www.facebook.com/IzabellaLoveee Website - https://rankbell.com/ ---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Tired of doing and doing – and still not attracting a steady, consistent, predictable flow of your ideal clients? This is the question that Dov Gordon, expert community builder and Alchemist Entrepreneur, helps people answer day-to-day. In this insightful interview, we discuss the importance of networking to scale your business, the expert's curse, and the path of mastering your craft.~WHAT YOU’LL LEARN~ How to Curate an Engaging Network of 8 & 9-Figure EntrepreneursFrom Million Dollar Habits to Under the Radar Leader in the Consultation Space What is an Alchemist Entrepreneur and How do You Leverage a Powerhouse Community Are you a Time Time Employee or a REAL Architect Consultant?~CONTACT DETAILS~If you would like to know more about Dov Gordon, you can follow him:https://www.profitablerelationships.com/nate---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
For most people in the Amazon industry, Augustas Kligys is known simply as the “Amazon Summits Guy”. His network of Amazon Experts has been important when providing informative expert sessions and guides for entrepreneurs to become top Amazon sellers.~WHAT YOU’LL LEARN~ The Behind The Scenes Running The Biggest European Amazon Seller ConferenceHow to Manage 50 Expert Amazon Speakers for Industry EventsThe Importance of Networking with the Amazon Expert Community from Around the World~CONTACT DETAILS~If you would like to know more about Augustas Kligys, you can follow him:https://orangeklik.com/---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Health is never going out of style, especially in the midst of a pandemic. From strength training to nutrition, Dr. Emil Goliath of Health Evolved Academy has been working with entrepreneurs to stay focused, stress free, and swole from years of client success. Learn about the fitness myths, health and mental willpower in this wellness inspired episode.~WHAT YOU’LL LEARN~ How to Sustain a Healthy Life as an EntrepreneurWhy Entrepreneurs Have a Hard Time with Their HealthHow to Sustain Your Health with Choice vs Will PowerDebunking the Common Health Myths7 Body Diagnostic, Health, and Nutrition Tips~CONTACT DETAILS~If you would like to know more about Dr. Emil Goliath, you can follow him:https://www.doctoremil.com/health-evolved-academy---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Happy new year! My 2020 year in review is up! Listen to how I strategize for 2021, reflect on the crazy year and talk about mindfulness, quarterly planning, and books I recommend for future reading. ~WHAT YOU’LL LEARN~ The idea behind 'The 1 Thing'Why I'm happy with zero breakthroughs in 2020How to plan for your year and quarterReflecting on the past to double down on your futureYour Life Book exercises---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Before being a founder of TurnKey Product Management, Jeff Lieber was a committed Amazon Seller. After learning the mistakes he made when selling his business in 2017, he now consults for 7 and 8-figure Amazon businesses on how to optimize their brand for conversions.~WHAT YOU’LL LEARN~ 5 Steps to Optimize Your BrandThe 6 Keys to Maximize Your Conversion for a Product Launch Why Off-Amazon Traffic is Your Secret WeaponThe 2 Quick-Wins for Product Listing Optimization~CONTACT DETAILS~If you would like to know more about Jeff Lieber, you can follow him:https://www.turnkeyproductmanagement.com/resources---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Are you a confident seller? Join today's conversation with Aaron Cordovez as we talk about the difference between expert sellers vs novice sellers. We also dive into the mindset of launching 75 products that tripled his revenue, 7 ways to respond to a changing marketplace and more!~WHAT YOU’LL LEARN~ The #1 Factor to look for when sourcing productWhy your Main Image Matters When Outranking Your Competition7 Ways to Respond to a Changing Marketplace~CONTACT DETAILS~If you would like to know more about Aaron Cordovez, you can follow him:aaron@samuraiseller.com at www.samuraiseller.com https://aaroncordovez.com/pages/podcast---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Zon Guru, The Best Kept Secret to Selling on Amazon and John Tilley, co-founder and CEO, tells you how it all started. Whether that's 5 ways to validate your product to the 2 unavoidable sides to analyzing Amazon data, he covers it on today's episode.~WHAT YOU’LL LEARN~ 5 Questions to Validate a Niche ProductThe #1 Reason Why Amazon FBA is Similar to Developing Software for AmazonThe 2 Unavoidable Sides to Analyzing Amazon DataNew opporutunities in EU/AU AmazonThe story behind the software and education hybrid of ZonGuru and how it started.~KEY POINTS~ The 2 Unavoidable Sides to Analyzing Amazon Data - Collecting and Understanding The 5 questions to ask yourself when it comes to validating a new product is the demand, competition, balanced capital, and accurate revenue estimation~CONTACT DETAILS~If you would like to know more about John Tilley, you can follow him:Linkedin: https://www.linkedin.com/in/jtilley/https://www.zonguru.com/---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
From firefighter to 7-figure Amazon consultant for some of the largest brands in the space, Tim Jordan reflects the role of a visionary entrepreneur in 2020 and provides insight for 2021.~WHAT YOU’LL LEARN~ How Tim Jordan, AMPM Podcast host and consultant, became a sought after thought leader in the space.The mental health challenges naturally associated with success in your businessEffective processes to build talent around you so you can work with your strengths vs your weaknessesHonesty, failure, and communication and what to expect building relationships in business~KEY POINTS~ "You're not selling a product, you're selling keywords"Take control of your relative success Michael Singer and the mindset of 'surrendering'~CONTACT DETAILS~If you would like to know more about Tim Jordan, you can follow him: Facebook: https://www.facebook.com/tim.jordan.714 Private Label Legion: https://www.facebook.com/privatelabellegion/ AMPM Podcast: https://www.ampmpodcast.com/ ---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Anthony Cofrancesco is a man with a diverse background in Amazon, travel, and business. We talk about his history working in fulfillment centers, servicing Amazon sellers in the creative media business, exiting a company, and now being an industry liaison for PickFu.~WHAT YOU’LL LEARN~ The security process dealing with vendor fraud in Amazon fulfillment centersThe challenges building a service based business for Amazon sellersHow Anthony's clients went from $2MM to $20MM in Sales by Getting 100s of Customer Feedback to Improve their Product ImagesThe common use cases that improve your listings using PickFu~KEY POINTS~ Agencies can use PickFu on behalf of their clients to improve their product listing and brandingThe cost of customer feedback is a fraction of the cost that most big brands pay forThe Sanity Check on product images and brands are important than your gut feelings~CONTACT DETAILS~If you would like to know more about Anthony, you can email him: Anthony@PickFu.com---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Nothing but enthusiasm for 2021 as this year reaches its end. We have a very special guest this episode. It was originally a live stream with Jesse Elder turned into a replayable podcast episode. Enjoy his wisdom, the tactics we share, and the cheers for success in 2021 and beyond.~WHAT YOU’LL LEARN~ Why your expectations should be curbedWhat emotional sovereignty mean and it can impact your 2021Your #1 Power and your #2 Power you should craftHow you can learn the system within Jesse's mastermind to scale your businessSign up by December 18th to join Jesse on actionable insight and consultation~KEY POINTS~ Have clarity exactly what you want, why you want it. Absolute clarity on what you want for your lifestyle and what matters to you.~CONTACT DETAILS~If you would like to know more about Jessie Elder, you can check out:Free Facebook Group: www.facebook.com/groups/ultimatelife2021Email: timepiercer@icloud.com---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Troy Johnston is an experienced Amazon seller who exited his business and advised many 7-8 figure sellers build their brand. From there, he co-founded a robust automation tool for sellers looking to increase their ranking and reviews on Amazon. Here is his story... ~WHAT YOU’LL LEARN~ How he started his Amazon entrepreneurial journey The win/win partnership strategy when working with vendorsHow to automate your rankings and reviews on AmazonThe emotional stakes when exiting your Amazon FBA businessThe story behind Seller.Tools, the benifits of automation and more.~KEY POINTS~ Consolidate your packaging and product through one vendor to improve efficiency in cashflow and logisticsQuantify your decisions as much as possible during the exiting phase of your business as it is inherently emotional~CONTACT DETAILS~If you would like to know more about Tomer, Top Dog Summit, and The 10-week Amazon Simplify program, you can check out - https://seller.tools/Facebook Group: https://www.facebook.com/groups/AmazonKings---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Ryan Meo, Founder and CEO of CashJar felt the rare anxiety of having more free-time than he ever had from his businesses. He discusses several key reasons why it's important, how he got there and what crucial steps you can take to build a top-tier team that becomes the foundation of freedom for your life.~WHAT YOU’LL LEARN~ The creative 'hot sauce giveaway' strategy that helped bring in clientsWhy Ryan Meo coins it the 'Supply Chain Team Building' techniqueThe 3 high demand perks most team members want from your businessWhat it means to hire for culture and autonomyWhat SaaS Remote is all aboutThe 5 step system to hiring senior level A-players at a fraction of the marketThe new and challenging perspectives of a growing CEO~KEY POINTS~ It's well worth spending 1 month to hire the best candidate for your teamHiring a recruiter helps take advantage of networks you can't access from traditional job boards and marketplacesThe the 'test phase' of your hiring process (step 3 of 5), make it hard to pass. ~CONTACT DETAILS~If you would like to know more about Ryan, you can check out - SaaS Remote (https://saasremote.com/) - CashJar (https://cashjar.com/)---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Nate Ginsburg is a partner in SellerPlex.com, AMZPathfinder.com, UseTheBitcoin.com, and many other businesses.Links MentionedTheBKShow.com — Find All Episode Notes HereSellerPlex.comAMZPathfinder.comUseTheBitcoin.comNate's FacebookNate's InstagramBenKnegendorf.comLearnWithEzra.com — Check out Ezra's world class eCommerce marketing courses through my partner linkJoin The BK Show's newsletterFollow Ben on TwitterFollow The BK Show on FacebookFollow The BK Show on InstagramSubscribe to The BK Show YouTube Channel Never miss an episodeSubscribe wherever you get your podcastsJoin The BK Show's newsletter Help the showLeave a reviewSubscribe wherever you get your podcasts What's Ben up to?Follow Ben on InstagramFollow Ben on TwitterApply to work with Ben to grow your business.
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Tomer Rabinovich is an ex-military and ex-magician turned Amazon Seller consultant. He has an unique ability to turn complicated tasks into easy to follow steps. He used this ability to create solid teams throughout his and his 8-figure client's businesses, specifically on Amazon.~WHAT YOU’LL LEARN~ How to simplify your Amazon business in the most effective, streamlined and profitable wayThe 2 crucial mistakes he made as an amazon seller that created massive burn out and what he learned to prevent those mistakes moving forwardWhat a 10-week advanced done-with-you course looks like with Tomer RabinovichThe process to work less and profit more (no, it doesn't mean slacking off)~KEY POINTS~ The right mindset to processes and hiring that will help you scale your businessScaling consulting from an experienced professional will drastically improve your Amazon business.~CONTACT DETAILS~If you would like to know more about Tomer, Top Dog Summit, and The 10-week Amazon Simplify program, you can check out - https://tomerrabinovich.com/Facebook: https://www.facebook.com/tomerab/Podcast: https://tomerrabinovich.com/free-content/#podcast---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Mike Zagre is an Amazon Seller and the founder of PPC Entourage. Not only does he give you 5 lessons from the mistakes he's made as an Amazon Seller, but he walks you through the PPC Entourage process, Margin Calculators, and the #1 reason why you should follow his event "The 12 Days of Nuggets".~WHAT YOU’LL LEARN~ The strength of Private Label vs Drop shippingHow PPC Entourage optimizes your Amazon PPC campaigns and accurately monitors your margins.2 mistakes even the most experienced Amazon seller can make and how to avoid them: inventory management and the hiring process.Why The 12 Days of Nuggets is the thoughtful Amazon Seller event to participate in.~KEY POINTS~ The wisdom of prioritizing what to focus on and double down30% margins is the gold standardHow to diversify your supply chain~CONTACT DETAILS~If you would like to know more about Mike, PPC Entourage and The 12 Days of Nuggets, you can check out - PPC Entourage (https://ppcentourage.com/) - The 12 Days of Nuggets (https://daysofnuggets.com/)---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg?Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you. Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
I want to share what I learned about business from doing yoga over a thousand times in a hundred different cities all over the world.---Click here to Listen, Subscribe, and Review Ecom Exits Podcast on ApplePodcasts: https://podcasts.apple.com/ca/podcast/ecom-exits-podcast/id1505449611Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
Nate Ginsburg shares his 10-year travel journey to 50 countries and his entrepreneurial journey to building multiple 7-figure businesses on 2 continents. He starts off by sharing the story of his photo-shoot doing handstands in the middle of the streets of New York City. He then talks about his initial travel inspiration and how his nomad journey began. Nate shares the time when he met his first digital nomad and how his whole perspective on life changed. Then he shares his first 3 failures on consecutive attempts to generate location independent income and how he pushed through, mentally and emotionally, until he finally broke through in the ecommerce space. Nate talks about how be built and scaled his Amazon FBA business, brought on a business partner, and sold his company for nearly $1 Million. Nate then talks about the importance of mindfulness and going through a period of introspection to identify his path to real alignment and fulfillment, designing his ideal lifestyle and developing “Freedom To”, not just “Freedom From”. He talks about launching SellerPlex to support other entrepreneurs both financially and tactically as well as with big picture strategy around meaning, purpose and value. Nate then shares his personal day structure and productivity techniques and then gives tips on how to understand and mitigate stress as an entrepreneur. FULL SHOW NOTES AVIALABLE AT: www.TheMaverickShow.com
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Want to talk to you about the most important thing that you should be doubling down on this year for more business growth, personal growth, happiness, success, and impact.---Click here to Listen, Subscribe, and Review Ecom Exits Podcast on ApplePodcasts: https://podcasts.apple.com/ca/podcast/ecom-exits-podcast/id1505449611Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
Amazon Seller Insights, Episode #011: Are you thinking it's time to get into the FBA game, and want to make sure you set yourself up for a big payday? Then say hello to Nate Ginsburg! As the founder of SellerPlex, a firm specializing in helping eCommerce businesses prepare for their grand exit and a grander paycheck! Click play now to listen to Jon and Nate's chat about how COVID-19 has changed the marketplace, why this is a great time to jump into the FBA game, and what it takes to succeed in a continually evolving marketplace! Listen now and subscribe! → https://spoti.fi/3fzI0r5 Timestamps 00:00 - Intro to Nate Ginsburg, founder of SellerPlex. 05:25 - How has COVID affected how people do business on Amazon? 12:45 - What are the current opportunities for people who are thinking about starting an Amazon FBA business? 16:00 - What are the key things you need to focus on to get an 8x return when selling your business? 24:30 - What are the 3 P's, and how do they help you grow your business? 27:45 - The importance of having a vision: what specific items should you focus on to succeed? How do you grow your business know-how? 33:45 - How has ZonGuru been able to stand out in a crowded marketplace? What vision for success did they adopt? 38:40 - What kind of metrics should sellers look at, and which tools will help them save time?? 42:30 - What are the most common mistakes by newer sellers? 45:45 - What are Nate and Jon's tips and “life hacks” for up and coming Amazon entrepreneurs? --- Send in a voice message: https://anchor.fm/zonguru/message
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
You know, you want to be stoic, think about, and imagine the worst case scenarios so you can prepare for them. So for me, I'm a partner in five different profitable businesses that all generate income right now. But... it can all be gone tomorrow; zero money in my bank.All I have left is my knowledge and network. What would I do? ---Click here to Listen, Subscribe, and Review Ecom Exits Podcast on ApplePodcasts: https://podcasts.apple.com/ca/podcast/ecom-exits-podcast/id1505449611Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
Resource Links: Buying Online Businesses Website (https://buyingonlinebusinesses.com) Download the Due Diligence Framework (https://buyingonlinebusinesses.com/freeresources/) SellerPlex Website (https://sellerplex.com/) Ecom Exits Podcast (https://podcasts.apple.com/podcast/ecom-exits-podcast-inside-look-at-building-buying-selling/id1505449611) You could be ready for the sale, but is your online business ready for it? Today, Nate Ginsburg from SellerPlex shares with us invaluable information on how to successfully sell your online business in the market and what you can do to make the transfer easier. We also talk about what you, as a first-time seller, need to know before making a sale. Get smart with your exit strategy by tuning in to this episode now! Episode Highlights: Your goals are key to your exit strategy [02:42] Two main criteria in determining if a business is transferable [07:09] Why some big businesses take time before they get sold [09:49] To get a higher multiple, be on track with your financials at an early stage [14:10] Your exit strategy doesn’t necessarily have to be a sale [18:10] Clarity kills fear [21:32] Things to remember as a first-time seller [26:28] About Our Guest: After selling his FBA website business, Nate Ginsburg has since then dedicated himself to helping entrepreneurs and business owners maximize the value of their sales through business consulting. He is the Founder and CEO of SellerPlex, a company dedicated to helping E-commerce businesses plan a better, more profitable exit strategy. If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast. You may also leave us a review on anywhere you listen to and share your feedback! Connect with Jaryd Krause of Buying Online Businesses: Follow on Facebook: https://www.facebook.com/JarydKrause1 Subscribe on Youtube: https://www.youtube.com/channel/UCQ3g6G2USlnq7EgnUsajTBw See omnystudio.com/listener for privacy information.
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
If you've owned a business for any amount of time, you know, that it can be stressful, want to look at three main things of what stresses you out about your business, as well as what you can do to fix and overcome them.---Click here to Listen, Subscribe, and Review Ecom Exits Podcast on ApplePodcastsThanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
All entrepreneurs go through and have these same feelings I had and still do at times. I have these same feelings of doubt and struggle. And one thing that I can tell you is that there are some very specific things that you can do.---Click here to Listen, Subscribe, and Review Ecom Exits Podcast on ApplePodcastsThanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
This episode, I talk about the four key beliefs that have led to any success that I've achieved in my life and careers.The power of good beliefs can push you forward, empower you versus negative beliefs that can hold you back back and prevent you from achieving whatever it is that you want. What are yours? Do you share the beliefs I have as well?---Click here to Listen, Subscribe, and Review Ecom Exits Podcast on ApplePodcastsThanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
If I could go back and teach my younger self anything about business, it's going to be these two philosophies. If I would've known these 5-7 years ago I would have avoided a lot of struggle and be much further along in my journey. I want to share them with you today so that you can apply them in your life, your business, and achieve a lot more success than I have.---Click here to Listen, Subscribe, and Review Ecom Exits Podcast on ApplePodcastsThanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
What would you do after a 7 figure exit? Sit on a beach?Nate Ginsburg sold his FBA business for just under $1 million three years ago.Since then he's been investing in and helping other businesses scale.It might surprise you what type of businesses he's working with.Listen now to find out how he grew and sold his business, and why he's not doing the same thing again.Links to everything discussed can be found at:www.nextlevelecommerce.co/51Need to get your books in order but don't know what to do? Schedule a free call with Isaac:www.nextlevelecommerce.co/books
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Today I want to talk to you about The Pyramid of Financial Intellegence, what it is when it comes to your finances, their levels, and starting from level zero, working your way up to the top of this pyramid for your business.---Click here to Listen, Subscribe, and Review Ecom Exits Podcast on ApplePodcastsThanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
In this episode, Nate Ginsburg will explain how Keith Cunningham made him $30,000 in an hour. Keith is an incredibly successful entrepreneur and mentor of Robert Kiyosaki, the author of Rich Dad Poor Dad. The exercise that Nate will explain is super simple and super effective. Listen to the full episode to find out!---Click here to Listen, Subscribe, and Review Ecom Exits Podcast on ApplePodcastsThanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Where is your business now? Nate Ginsburg talks about the differences between Below The Line and Above The Line businesses. What are the characteristics of a company operating Above The Line and why should a business strive to be in that place?---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
You can do more than just a complete exit. Nate gives us 3 specific ways + bonus tips to jump start your exit strategy.---Thanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
Is your goal to sell your Amazon store for 7-figures?
Nate Ginsburg is host of the Ecommerce Exits Podcast, founder of Sellerplex and serial entrepreneur. Follow Nate @nateginsburg. In this episode we discuss his daily routine, taking "free days" ,time for thinking, and how biking plays a role in his overall success! This episode is brought to you by my Amazon ads agency IncrementumDigital.com Email Liran@Incrementumdigital.com to find out how we can grow your brand's sales using the power of Amazon Advertising! Join the E-commerce Mindset Group https://www.facebook.com/groups/ecommercemindsetgroup/ on facebook to continue the conversation and follow Liran on social media: https://www.facebook.com/lhirschkorn https://www.instagram.com/liranhirschkorn/ https://www.linkedin.com/in/liranhirschkorn/ --- Send in a voice message: https://anchor.fm/liran-hirschkorn0/message
We constantly joke about a 4 hour work week and living the laptop lifestyle. Today, I bring in people that do this for real (and are not selling courses on it). We will look at how this could be great for productivity, living a better way of life and having sunshine on your back all year around. I'll ask the questions whilst Emil Goliath and Nate Ginsburg gives us the lowdown, on ways best work from home and get the most out of life. #amazonseller #amazon #amazonfba #ecommerce #amazondeals #amazonfbaseller #amazonprime #amazonfashion #entrepreneur #fbaseller #fba #amazonreviewer #amazonsellers #amazonfbatips #amazonreview #amazonbusiness #freebies #amazonfinds #ebayseller #sellingonamazon #ecommercebusiness #reseller #amazonshopping #resellercommunity #amazonfbasecrets #amazonsellercentral #amazonreviews #amazonfbalife #usa #bhfyp
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
In this special episode of the Ecommerce Exits Podcast, Nate Ginsburg reviews the upcoming plans for quarter 2 of SellerPlex, his journey to acquiring new businesses, his long awaited accelerator opportunity and much more...Topics Mentioned in Today's Show:A quick review of Q1, 2020Adjusting to a Post CoVid-19 WorldWhat the New SellerPlex means for me and youWhat is the Ecommerce Exits Accelerator?My next investments and why it matters to you.Q2 and beyond!---Click here to Listen, Subscribe, and Review Ecom Exits Podcast on ApplePodcastsThanks so much for joining us this week. Want to subscribe to the Ecom Exits Podcast with Nate Ginsburg? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review!Your feedback will not only help us improve the show, but it will help us connect with more high flyers like you.Subscribe to the eCOM EXITS Podcast now
Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses
Join Nate Ginsburg, the 7-figure ecom exit strategist, as he talks to industry leaders on how to maximize your business for your dream exit.If you want to get more sales, automate your operations, and improve your cashflow for your ecommerce business, you need to understand what it takes from experts who know how to do it best.Listen to Nate's story from newbie wantrepreneur to 7-figure business owner and investor.--- Send in a voice message: https://anchor.fm/ecom-exits-podcast/message
Nate Ginsburg is an entrepreneur, traveler, and a yogi. He started yoga in 2014, and from then on, he shared this passion with everyone. Nate also developed his thinking and expanded his vision for building a business venture through hard work while traveling around the globe. During this episode, Nate shares amazing insights into starting a new business venture abroad, including its foundations, risks, and challenges. He also gives away tips on how to handle hardship in the business industry in order to succeed exceedingly. If you are either starting a business or planning to, this is the episode for you. Links: Nate Ginsburg' website: https://www.nateginsburg.com/ Nate's Business: Sellerplex.com Nomad Summit Tbilisi: NomadSummit.com Sponsor: Global Pass Time Stamps: 00:28 – The Start of Johnny’s Podcast 08:45 – How Nate grew and progressed by traveling 10:40 – A nomad’s lifestyle in Vietnam 15:56 – Having an inclusive community in Saigon 19:31 – What it’s like to live in the city center 24:57 – Nate’s everyday routine 35:42 – Nate’s journey into becoming a digital nomad 36:00 – Battling hardships in his business and life 39:50 – “It made sense to me to keep trying and I know that’s really what I wanted” – Nate Ginsberg 48:55 – Trailblazing business that is income-generating 52:31 – “Be aware of the challenges and risks associated with what you’re doing” – Nate Ginsberg 6:43 – A big decision to sell his business 01:01:46 – Realizing the value of cash flow vs. paper wealth 01:07:36 – “It’s good to be exposed to some of the different perspective and opinions” –Nate Ginsberg Enjoyed this episode? Share it with friends!
Nate GinsburgFounder of SellerPlex Bio: Nate built up his eCommerce business and sold for $1million in 2017. All while living around the world and doing lots and lots of yoga. Now, Nate helps other entrepreneurs run better, more profitable and more scaleable businesses with SellerPlex. Nate is passionate about living a free and balanced life helping others do the same! Learn more about Nate on his Instagram @nteginsburg. Sponsors: Drip – Get a free demo of Drip using this coupon code!Spark Shipping – eCommerce Automation Links: https://SellerPlex.comhttps://SellerPlex.com/audithttps://NateGinsburg.comhttps://www.instagram.com/nateginsburg/https://www.facebook.com/nateginsburg Transcript: Charles: 00:00 In this episode of a business V commerce. I talk with Nate Ginsburg about putting systems in people in place to help you scale your business. This is a business of eCommerce, episode 105. Charles: 00:17 Welcome to the business to be commerce. They show that helps eCommerce retailers start launch and grow [inaudible] eCommerce business. I'm your host, Charles Polaski. I'm here today with Nakeds Berg. Nate is a founder of seller Plex where he helps Amazon and other eCommerce retailers grow their business by scaling their supply chain. I asked him on the show today to talk about how you, you can scale your business by putting systems and people in place. So, Hey Nate, how are you doing today? Doing good. Doing good? Thanks. Yeah, doing good. So wanted to make sure. So sell a Plex. Is it just supply chain or do you guys do finance as well? You were just saying. Nate: 00:52 Yeah, so we basically you know, our sweet spot is all the things that need to get done to keep a business running, but are, you know, not really the fun stuff. And so I like, I believe that as an entrepreneur it's all of our best opportunity. Me, you you know, all the e-commerce listeners to do what do what we're best at and double down on, you know, where where we can add the most value and then you know, delegate and you know, offload the other areas that are, you know, necessary to run the business well but you know, aren't going to actually grow the business. So that's where that's where we come in. So our services include a supply chain, finance admin so that, you know, you as the owner can yeah, double down on, on growing the business. Charles: 01:49 Got it. So it goes very well to show topic then. I love the idea of putting systems in place. It's one of those things and e-commerce is a business where there's a lot of repetition where a lot of things like orders come in and the goal is, you know, 99% of orders follow the exact same path. They do the same thing. Hopefully 9%, nothing goes wrong. They just kind of ship. So there's a lot of this like work that just needs to be done every day, multiple times a day. So putting systems in place, e-commerce is like this, like soup compared to some other businesses like consulting where everything's almost a one off e-commerce. The goal is there, it's a factory, it's assembly line, they just kind of move through. Right? Nate: 02:30 Yeah, absolutely. And so a little kind of background on me and the business. So I had my own eCommerce business, you know, started maybe five or six years ago and you know, I'm, I'm the kind of person that I'm not good at very many things and so needed to get help in all these areas that I, you know, were necessary and important, but you know, it wasn't particularly good at or didn't want to be good at, you know, for example, the customer service you know, supply chain, finance, admin and and yeah, like, you know, that allowed me to, you know, build this business that, you know, was you know, running very well. You know, sales were good,
What You Will Learn Nate’s journey from $0 to $1,000,000 Tips to create the ideal job ad Why company values aren’t just corporate BS Nate’s weekly team management schedule What does it take to build and sell a million dollar business. I’ll give you a hint: you can’t do it without a team beside you. … #155 – How Building a Rockstar Team Helped Nate Ginsburg To Grow a Million Dollar Amazon Business Read More »
What You Will Learn Nate's journey from $0 to $1,000,000 Tips to create the ideal job ad Why company values aren't just corporate BS Nate's weekly team management schedule What does it take to build and sell a million dollar business. I'll give you a hint: you can't do it without a team beside you. … #155 – How Building a Rockstar Team Helped Nate Ginsburg To Grow a Million Dollar Amazon Business Read More »
Actualize Freedom | Amazon FBA with Danny Carlson | Private Label Ecommerce Selling on Amazon
2:10 - Nate’s first Amazon business.4:17 - The influential effects of being around other Amazon sellers.6:46 - What prompted Nate to sell his business?14:18 - How did Nate decide on the next step?20:51 - The process of identifying Nate’s unique ability.26:01 - Hiring and inspiring the right team.32:27 - Practical and/or subtle things Nate does to foster inspiration in employees.44:10 - Incorporating the correct systems and structures into the business’ foundation.47:10 - Where to find Nate online.
Coran talks with Nate about selling his Amazon FBA business after its rapid growth to becoming an investor and making sure his team was looked after in the process. They also dig into life after the sale and its meaning. See acast.com/privacy for privacy and opt-out information.
Selling a company is the entrepreneurs' dream goal, but what to do after the exit is daunting. Some sides say to stay away from building another business right away while others say it's important to keep a toe in the pool at all times. Today's episode is about what to do (or not do) after you sell your business. We discuss drive, purpose, and the type of work business owners want to do once they achieve financial freedom. Today's guest, Nate Ginsburg, dabbled in a variety of entrepreneurial ventures before he got into Amazon and FBA about 4 years ago. About a year into his business, he took in a partner and sold off about half of the company to him. In 2018, they sold the US side of the business to a Chinese investor. When he sold the business and made a hefty profit, Nate found himself questioning what he wanted to do next. Today we get into the many ways he is fulfilling his need to always be doing something, both personally and professionally. Episode Highlights: The history of Nate's entrepreneurial journey. The trajectory of his Amazon FBA business and how the sale came about. How Nate and his partner structured the relatively atypical sale. Nate's motivation for selling. The importance of free cash flow in a business. How Nate moved on from the sale to pursue new things. What brought about the new deals he's involved in and what's next for Nate. The importance of assembling the right team in moving your business forward. How the helping and connecting pieces of what Nate is doing these days can play into future deals. Focusing on the big picture in your business role – the recurring notion of working on your business rather than in your business. Transcription Joe: So you and I had a chance a few weeks ago to hang with Ryan Daniel Moran and talk to him a little bit. We had him on this podcast and one of the things that he talked about was what to do after you sell your business. He talked a little bit about planning in advance but his advice was take some time off; don't do anything business wise and that was his mistake looking back. You just had Nate Ginsburg on the podcast to talk about that very same thing if I am right … correct? Mark: Yeah that's right. So Nate has an interesting story. He sold his business last year; not through us. It wasn't through a broker. It was a deal that just kind of worked out on its own. But he found himself after that sale questioning what he wanted to do next. It was a lot of this … you're so used to all this hustle, hustle, hustle, and the next thing you know you're just kind of left there wondering what is my purpose? What do I enjoy? What I want to be doing next? And so he really went on kind of an almost spiritual journey here of really evaluating how does he want to spend his days, how does he want to spend his time. And he came to the conclusion that he really wants to be someone who shares in helping other entrepreneurs and then also doing some investing as well. So this episode has a lot of layers to it definitely talking a little bit about general entrepreneurship and that drive that we all have to do things and that hustle. But also what do you do when that drive kind of dries up or when you aren't having that in front of you or maybe you're hustling for all the wrong reasons. So that's definitely the topic in this but we also have this interesting wrinkle in here that he's bought two businesses since then. One of the businesses he didn't buy entirely. He bought just a portion of it and is more of an investor. And I know a lot of our buyers they ask us about that. Do you have deals where an owner wants to stay the yacht and he's successfully done this before on deals. We've talked a little bit about that as well. So a lot of different layers to this, if you like just general entrepreneurship discussion that's really where this kind of falls into of entrepreneurship drive, finding your true purpose in life and your work, and purposeful work, and then finally getting into some more creative deals when it comes to acquisitions. Joe: I think it's always great to hear people's stories and how they did it. It may not always directly relate to your life and what you're doing and what your goals are but you can always take bits and pieces of it and leave the rest behind. So let's go to it. Mark: Yeah absolutely. Let's go. Mark: Nate thank you so much for joining me. Nate: Thank you for having me. Hello from sunny Los Angeles. Mark: And now you're actually just up in my neck of the woods up here in Minnesota and normally I would tell anyone hey if you're up here in Minnesota up in the Twin Cities reach out. You did and I happen to not be here this past week so we missed each other. Nate: Yeah we missed each other but I'm glad to connect now. And yeah Minneapolis is my hometown. I was back … I was in New York for the summer and then attended Burning Man and then after Burning Man I went to Minneapolis to hang with the family and kind of decompress and now I'm on the road again in California and then making my way back towards Asia where I spend a good chunk of the winter. Mark: All right pretty cool. I've been following you on Facebook for a little bit now and I'm just kind of looking at some of your Facebook posts especially from your … I think you call it the summer of hustle 2018 New York City. And you talked in a few of your posts about your eagerness just to share some of this stuff that you're doing as an entrepreneur. And so I thought hey if you want to share we have an audience. Let's talk, let's start sharing. Nate: Yeah. Mark: I saw one of the images of you doing a photo shoot, a yoga photo shoot in the middle of the street. Nate: Yeah. I mean … so after I sold the business last year and you know after that I had a lot of these questions around like what to do next and what's important and what direction do I really want to be going in? And that's where some of this … it's got all these questions of what am I good at, what's my unique ability, all these kind of things and really trying to uncover and understand what I'm best at. How I can add value, what I enjoy, and yes some of the things that I've … I mean not that this is totally new or not like new information but just useful to kind of like specify or articulate is that I do … I really enjoy sharing, I enjoy teaching, I enjoy helping others. And so that's in part of the Facebook stuff of trying to share more and post more and connect and help and inspire. The yoga stuff I'm also really into yoga. I've been practicing pretty regularly for the last five or so years. And I was hanging out with a friend of mine in New York who … I mean she has an amazing personal brand and Instagram following of 400,000 people. And she was just kind of encouraging again like you should do this and in the trying to stay with pushing yourself to do things even if they're a little bit scary. Yeah, I ended up doing this photo shoot in New York. I got some cool pictures in front of the middle of the street doing head stands. It was a little bit scary but also fun and people seem to like it. Mark: It's pretty fun. It's fun to kind of troll around and take a look at what you've been doing in the past there and like you said pushing yourself which is always fun to talk to people that have been doing that. Let's back up a little bit, let's talk about selling your business last year. Was that the first business that you owned or how many businesses have your owned before you sold that business? Nate: Yeah so that's the first somewhat significant one I've … over the last six or whatever years I kind of dabbled in a variety of things. I have actually sold a few small content websites. This was years ago but nothing that significant. And then I got into that business which was e-commerce, Amazon FBA. I guess I got into it three years ago now or four years ago or something and yeah that was the biggest, I made the most money, built into the biggest operation. So then that was the I guess most notable sale but I guess actually though just kind of back up I've kind of sold that business twice. And what I mean is I started the business myself three or four years ago and then about a year in I took on an investor partner. My friend and now business partner Travis. So then I sold him 49% of that business which was I guess kind of that type of a sale and then a year later is when we had the opportunity to … again we didn't sell kind of the whole thing. We sold the USA distribution side which is actually the one that was making basically all the money. And so we sold that which was for just under a million which is kind of what I was kind of posting more or sharing about but then are actually still operating the EU side of that business which at the time that we sold wasn't at a place or wouldn't make sense to kind of include in the sale but now hopefully going into next year or maybe Q1 or Q2 next year hopefully we'll be looking to sell that remaining side. Mark: So how did that work as far as selling just a portion of that? I mean usually, you have these non-compete agreements in place. People typically want you out of the industry that you're in. So as the owner you know that business … that product really well. Usually, a buyer wants to take over the business and have room to expand and especially with Amazon, it seems like international expansion makes the most sense. So how did you guys … without getting into details you can't get into how did you structure that? And what was sort of the appeal of that? Nate: Sure. So it's a good question and yeah I guess I'd say our sale was somewhat not so typical and I guess there's a lot of different ways that sales wouldn't be typical but yeah ours was not … this wasn't like oh we want to … like oh, let's sell this business and let's put together a prospectus and let's contact brokers and contact the buyer. Ours was like … I mean I was catching up with my business partner Travis. I was in Vietnam. It was in the spring of last year. I'm catching up with Travis and so Travis had sold a couple of businesses himself to this big Chinese Amazon selling company and they have software and a big operation. And so Travis had sold some of his businesses to them before. And we were talking and catching up and he just kind of casually mentioned they might be interested in buying more businesses would you want to sell? And long story short I was interested. Three days later I was on a plane to China to meet with them to try to make out this … work out this deal. And yeah we ended up coming to an agreement for the USA side. And it's kind of interesting and I mean some of this is speculative. I mean I don't know some of these things for sure as to like what their motivations were but that business was rolled up or had some sort of a merger acquisition with a big publicly traded company shortly following their acquisition of my business or the USA side of my business. And so I think that they were just trying to acquire businesses to build up and show more revenue and sales for their … looking forward to their acquisition merger roll up whatever kind of thing. And so yeah that's … I mean again I don't know this for sure but that is kind of my theory or my why I think they were kind of interested which kind of explained the atypical nature and kind of structure of how it played out. Mark: That's fascinating; right place, right time, and right connections as well. What was your motivation? I mean when Travis came to you and said would you be interested in selling. Did you always plan to sell or was it kind of like he has you know like … it actually doesn't sound that bad or— Nate: Yeah. Mark: How… why the yes? Nate: So in my experience with e-commerce and especially with a lot of these Amazon FBA businesses … and this is also a motivation for why I sold half of the business to Travis previously and then selling this is like you can do some really impressive revenue numbers and profit numbers. And I say profit in quotes because your profit is generated or on the books it looks like revenue minus cost of goods minus expenses. And let's say we were selling a lot; 100,000 a month $150,000 a month and then our profit would just say 30% of that or something which is sizable but at the end of every month it's not like the bank account was going up by X thousand dollars each month. The money comes in it needs to go back out for more inventory or you're launching a new product and that comes out of pocket. And so when the business really started to take off our sales was growing but my bank account was still not growing like I wanted to. And I was … the reason I guess for those businesses was very financially motivated. Like I'm trying to run this business to fund my life and build some security into my finances. We were selling a lot of stuff and that's great and we had a lot of profit but it wasn't like the bank accounts were just kind of stacking. And so with a business like that my kind of thought is that where you really stack your bank account is from some sort of sale opportunity. And that's what happened when I sold the half of the business to Travis previously that brought in a bunch of money into my bank account and then again selling the half to the Chinese company got money into my bank account. And so yes so that was some of the motivation and yeah I think we just had a good opportunity. I mean there's a lot of opportunities certainly still there was and is selling on Amazon but there's also different risks and challenges and I thought that this was a good opportunity to take some more chips off the table and then parlay that as like another step up and step forward for my life career allow me to pursue newer and different and better opportunities. Mark: Yeah and I want to move on to some of that and sort of what happened after but I want to stop real quick and make a point because I think you make a really good point here. You said something that I think people need to keep in mind when you're looking at a P&L for any business for sale specifically an e-commerce business that's growing. The profit does not equal capital. It is not the same thing. So if you're looking at a business that is growing and has $150,000 of profit that's not necessarily the cash flow; it's not necessarily 150,000 in positive cash flow. That's a problem that we see a lot with people growing and when they get to a certain point the same reasons as what you faced you know you've been putting in the hustle, hustle, hustle, the business is growing, in some ways it would almost be nice if it leveled off because then you're not … you just aren't actually seeing or realize some of that profit as opposed to consistently reinvesting into the company. Nate: And just to kind of add on that I learned … so I had an opportunity to attend this really awesome entrepreneurship summer camp program put on by Simon Black and the guys at Sovereign Man and one of the … I mean I've learned a ton from them but one of the points that they hammered home which has really stuck with me is when you're looking at a business the importance of free cash flow and like free cash flow being really the only thing that is important; it's not revenue, it's not profit, it's free cash flow that's what's going to pay back to investors. That's what's going to actually go into your pocket. And yeah my Amazon businesses had horrible free cash flow and so having an opportunity to sell that and get the cash part of that motivation. And then also the focus on free cash flow has really been a big driver for the investments that I had ended up making since then. Mark: Alright we're going to get to those but I want to talk a little bit about the post-sale situation that you find yourself in. Because I tell people this all the time when they're selling especially their first business; the first thing that's really taken off and that's have a plan for after the sale. I know when I sold my first business my plan was look I did it once. I was young. I was like 25, 26, maybe a little bit older than that but it doesn't matter how old I was, I was pretty stupid because I looked at it and I'm like oh my gosh this is so easy. I tell people how to start businesses. I tell people how to make money and everyone goes off and does it. I was able to do it with this company and then at that first year I struggled. I couldn't find anything that was actually going to really take hold. I didn't know what I wanted to do. You had sort of the same situation, not necessarily struggling in finding a new business but kind of understanding purpose. Is that fair? Nate: Yeah I know definitely. I mean it's crazy the last year or so after selling that business. A lot of new opportunities and also challenges come up and you've had … it's like for a short while after the sale at least for me it's like ah like everything's great and you're just happy this happened. But then I guess pretty quickly after at least for me I can only … I mean I love yoga, I love being healthy and having a healthy lifestyle and that's great but you can only at least for me that's only a part of life. And after a period I just get really antsy if I'm not being productive working towards something and figuring out what that is, what's the next direction? In a lot of ways, it's like starting over. And so yeah, that was a lot of what kind of followed the sale and what I … so like I'm a people person. I love people. All the best things in my life and opportunities and friends and … it has all happened because of people that I know or had the opportunity to meet and connect with. And so what I tried to do or did is just meet and talk to as many people as possible. And that's been a big and still is like a driver of … I knew like okay well like I've got more time and I've got more money and I've got more kind of options and so I'm just going to try to meet and connect and talk with as many people as I can. So I went to a bunch of events. I was literally flying around the world meeting up with friends in different places and meeting new people and getting different perspectives. And yeah that was actually something that towards the end … so I sold the business in it was like May. Early May was when it was finalized. I got the money and then a lot of that summer I was flying around. I attended a couple of different events. And by the end of the summer, one of the things I kind of concluded was … it kind of like was a confidence in pursuing more investments. So I want to and can get involved as an investor and that's what kind of started this deep dive into just what does that even mean, what are the different structures, how can things be structured, where do you find deals, how do you make deals happen. And so that was … yeah, I guess from talking to and meeting a lot of these different people I was kind of able to realize that yes this is a direction that I want to go down. And also it's just like part of it is confidence of just okay yeah I can do this. I can add value. And yeah, I guess as a first time, investing in a business I don't know that was definitely something for me. I'm just kind of … you know the confidence of it no like you can do this. Mark: All right let's jump into that because I think that's going to be the heart of what we really want to talk about here as well and that is investing in companies. I mean so much of what we do at Quiet Light Brokerage is all about these asset deals. Or if somebody's selling they're selling 100% of the company, the business transaction closes, you got one buyer, you have one seller; nice, clean, simple. It sounds to me like you're doing something a little bit different than that though. You're investing in companies as opposed to buying a whole or maybe I shouldn't assume and let you explain a little bit of what you're doing. Nate: Yeah so it's … I guess it's ended up being kind of a combination of both. And I'm not … I think it has benefits of both and I kind of I guess in the two deals that I've done the last year have … one of them has been invested in and the other one has been bought outright. But in all of them I have partners. And so I invested with Travis who invested in me. We've invested in a business last winter and then also again with another partner we bought outright a business. I mean for me getting involved in a new business it's a lot of … a lot of this kind of came down to again what am I good at, what do I like, why am I doing this. And with the first business, I guess it's like a similar kind of a checklist of things of I want to get into a business where I can personally have an impact. I'm not looking to be a passive investor. I'm also definitely not looking to micromanage but I want to be able to help push the business forward and give my capital the biggest chance and boost of having a good return. And so by investing in a business which was like the first one my kind of role is I mean I have somewhat regular communication with the founder and we hop on calls whether it's every week or every other week and kind of help identify the priorities and make connections and make intros. And so that's something that I thought that I'd be able to have an impact while not … I didn't want to buy myself a job. And with any of these things that's not what I'm looking for. I'm happy to be involved and I want to be involved but I'm also not trying to buy myself a job. And then kind of with the more recent business that we bought outright really like part of the motivation and thinking behind getting involved with that business was that being really intentional about the role that I was going to play. And with that business, I knew I had people on my team from some of the other businesses in the e-com stuff that I knew that I could bring over to kind of plug in to handle some of these different parts of the business that I didn't want to or wouldn't be very suited to handle. And so even though we bought outright the business it wasn't like I was just stepping in myself to kind of operate it. And [inaudible 00:22:17.2] any of the businesses like what I … one of the ways I think that I can add the most value is by kind of assembling the team that is able to run it. And that's something even with the business that I invested in I've been pretty active or my team has been pretty active in hiring new people for the different roles as well as for the business that we actually bought that was really what my role has been is like getting the right people in place to manage their different … the things that they're better at than I am which then allows me to … I mean I'm more involved with that business than the one that we invested in because Brent is the operator of that and I'm still … I guess let's say like CEO but I'm not … my role is still more like finding the right people to do their job and helping them as opposed to me more like in the weeds in the operations. Mark: So it's with the business that you invested in. I have this question from buyers all the time you know do you have people who want to sell just a portion of their company? They're looking for sort of that role. Do you mind if I ask how you came across this deal? Was this through a broker or a—? Nate: Yeah so that one was through a broker. We bought it on Empire Flippers and was totally … it came out of nowhere honestly. So another rule that I've learned from investing or it's maybe the cardinal rule is like you make your money when you buy not when you sell. And one thing when I was kind of decided that I wanted to invest or buy a business and one of the first things that we started to do was look at all the brokerages. I was looking at yours as well as … just like trying to see what the deals look like. And one thing that we found is that the deals that are … generally, if you find them on a brokerage they're fairly valued and as would make sense. And not that I'm … I'm not trying to rip anybody off at all but as a buyer I'm looking for the opportunity to buy a good discount or get involved at a discount. Again you make your money when you buy not when you sell. And so that had kind of turned me to look elsewhere for investment opportunities which led to the first investment. And then my business partner Travis, this was a couple of months ago sent this listing. It's a cryptocurrency publishing website and it was selling at … I mean it was a relatively young site. It was only making money for six months or so which had the multiple low. It was selling at a 22X monthly … last six months monthly profit which I know for an average website business a 3X multiple is somewhat standard. So we were getting it at less than 2X multiple and so that got our attention. And this was listed and then I hopped on a call with the seller two days later and then there were other interested buyers so we just had to move fast and pull the trigger and bought it. So yeah that's what kind of happened with that one. It just kind of fell into our lap and we thought it was a good opportunity and had to act fast. Mark: Yeah I like the saying that you make money when you buy when you're investing, you don't make when you sell. That's absolutely right. For the seller that was looking to … that you just invested in was he actively looking for that or was it something that you suggested? Nate: Yeah so that one, so kind of back to what I was saying when I first got started interested in buying or investing in businesses the first place that we were looking was the easiest place to look; all these brokerages. And again there's a lot of great businesses and they're generally pretty fairly priced and then one of the things I realize is that if I wanted to get the best deals or getting things where I would have opportunities that were not to get into a bidding war with other people I had to find those deals myself. And so that's kind of what started then. I started like … and part of that all leading into sharing more and sharing my story and going on podcasts and just kind of being intentional to try to develop and build a personal brand so that … so I was doing some of these things last fall and that's what kind of got the conversation started with Brent and the Amazon advertising business that eventually led to us investing in it. So it wasn't … he wasn't looking for … looking to sell, looking for partners. It was like I was kind of starting to share this and we previously had a relationship. I don't remember exactly how it was brought up. Maybe it was just like hey, by the way, I/we might be interested in investing and partnering up and he was like yeah I would be interested in continuing that discussion with you and Travis to get involved and so that's what led to that. It wasn't … they certainly weren't actively seeking investment. It was more like we … yes, somehow the dots were able to connect with us kind of putting it out there and kind of starting that conversation. Mark: Yeah that's pretty cool. I know there are probably a lot of buyers out there listening and being slightly jealous that you were able to pull a deal like that off. What does the future hold for you are you going to continue to buy or are you looking for more opportunities to invest? Nate: Yeah definitely. I mean it's kind of … so it's come together a little bit in the last couple of months or so but I will say that I … well as a kind of a side tangent personally I got very sidetracked by crypto last winter as many people did and— Mark: Back when it was trading at high levels right? Nate: Right. I mean it was exciting and so when I sold the business last spring I dumped a pretty good chunk of that into bitcoin, ethereum. I was starting and that kind of got me into ICO's over the last summer which was early enough before the big run up in November-December that come December-January I was way up. Unfortunately, of course, I didn't cash out at the top but from that then I kind of like … I mean I was kind of going in this direction and I had made this investment in Brent's business and was generally enjoying that. I'm trying to put myself out there more and find more opportunities. And then this crypto stuff spiked and I kind of put everything on hold. I'm like alright I'm diving in here. I started going to events and flying all around trying to see what's going on. Then fast forward a couple of months and the market was not where it was in January and some of those same kind of questions came back up of like is this what I want to be doing? What do I want to be doing? What's important? And it was kind of again like revisiting a lot of these things in direction and what do I want to do. And then this new site became available so we kind of jumped on that. And then the last couple of months have been … I'm kind of happily busy working on that and it gives me stuff to do. And some of the stuff that I've learned is that I'm certainly happiest when I have a project. And it's not … I mean money is important obviously but it's not just about having as much money. And time is important but you don't want to have all the time. It's important. You want to have enough free time. I think balance is really important but also having the balance towards productive work and having a project that you can work on and make progress and connect with people and be excited about is a really … like I've realized is maybe the most important factor for just my personal happiness. Anyway so that site came around and I had the opportunity to get involved and I have been working on that and getting the people and pieces in place to keep that moving forward. And that's kind of solidified what I see as my direction of continuing to find … putting myself out there, sharing more, hopefully attracting new and better opportunities. And when the right opportunities come along and when I have the time and the interest and the right opportunity kind of all lines up get involved with a new business. So that's sort of where I mean I'm not sure if I'm quite there yet because there's still quite a bit working out with the crypto site but fast forward a couple of months the idea is to continue to share more, put myself out there, connect more, just really finding opportunities to connect with and help other entrepreneurs as priority. And then also if down the road whether that's in three months or six months or whatever when I'm looking to make the next investment to bring into the portfolio that also can put me in a position to be able to get access to good deal flow. And then I think the idea is getting involved with more and better businesses and bigger businesses going down the line while also kind of trimming or unloading different ones in the portfolio moving forward to just kind of have a better and especially now focusing on cash flow generating portfolio and moving forward. Mark: Cool. Yeah, the point of while connecting with other people I think people asked me a lot about the team that we built at Quiet Light Brokerage, where did I find some of these people that are working as brokers because as most of the listeners know everyone that works here at Quiet Light were all entrepreneurs. We've all started, we've all bought, and we've all sold our own internet based businesses. And frankly, the resume of my team completely drove some of the things I've ever done in my life. And I try to explain I've never actually actively recruited any of our guys or Amanda for that matter I'm sorry if I said just guys but the entire team. I haven't actively recruited anybody. And so the question comes to why, why do they do it? So much of it is exactly what you're talking about there; being able to connect. Finding that business where you're passionate about the business itself but also having the ability to connect with other intelligent entrepreneurs who share that same drive, that same desire for life and working in a project working towards and a goal; really, really cool. I think that's an interesting self-reflection that you've kind of come across over the past few years since you sold your last business that that's what you want to be doing. Have you thought about with the current businesses what you're going to do if they get to that point where now it's just another job? Nate: I mean … so I've kind of had … so something that I guess I gotten a lot of experience with and that I enjoy has always kind of been hiring in my businesses. And so I know many people kind of struggle with delegating and I think if anything I kind of error too much on the other side where if I ever catch myself doing something or I'm just like why am I doing this, it's just like as quickly as possible like who can I give this to? How can I find someone else to do this? And so because I'm very mindful and aware of … and increasingly so of what I spend my time on; is this my unique ability? Is this my superpower? Should I be doing this? Again also mindful of balance, like I'm not … there's a lot of things that I enjoy in my life and there's a lot of different pieces that I think contribute to having a good life. It's not just business and so if things are kind of starting to get too time consuming or heavily on the business side or if I find myself kind of doing some things that I don't think I like I think that even maybe a step before that kind of happening I would kind of be aware and look to delegate that to someone else on my team or find a way to change that situation. Because at this point in my life and career I want to work and I want to be productive but I want to do it in ways where I can have the biggest impact. And I know that there are certain activities where I can have a really big impact and it's just not like … and I also know that on the other side there are activities that don't have a big impact and so I'm just trying to focus on the big impact activities and the least amount on the lower ones. And so yeah I would I think maybe a step before it gets to the point where I'm doing all these things I don't want because I am quite mindful and intentionally thinking about these things I'd kind of like made a strategy or a plan to offload or get some of those things off my responsibility. Mark: Really cool. I love the whole purpose driven entrepreneurship that sort of outlook of things. Nate thanks so much for joining me. I really appreciate it. Nate: Yeah thanks for having. This is a lot of fun and yeah if anybody has questions, comments, ideas, wants to connect like I said I love people, I love connecting with people. Anything I can help with feel free to reach out. My website is nateginsburg.com or nate@nateginsburg.com. If you like inspiration and also yoga balance stuff feel free to check out my Instagram Nate Ginsburg. Yeah, I'm happy to connect and chat. Mark: And you also know quite a bit about Amazon marketing which is actually what we originally were going to talk about but I got sidetracked here but you know this amount about that. Nate: Yeah if anyone is looking or interested in the Amazon space I have a lot of experience there as well as a team with a lot of experience in those things. And yeah I'm broadly open to opportunities and chat. I'm always looking for win-wins and yeah I would love to connect and help if I can. Mark: Alright very good. Hey, thanks, Nate. Nate: Yeah thanks for having me. Links and Resources: Nate's Website Nate's Instagram SellerPlex.com
In today's episode of Freedom Lovin, I chat with Nate Ginsburg. He's involved in several businesses and runs them all from his laptop while traveling the world. In the last four years, he's been to over 100 yoga studios in four different continents. – How Kevin and Nate met – Nate's Background – How to […] O post FL 103: Freedom in Business with Nate Ginsburg apareceu primeiro em Freedom Lovin.
The Business Method Podcast: High-Performance & Entrepreneurship
Rob Barry ~ Current Series: 100 Interviews with 100 Location-Independent Entrepreneurs that have over $1,000,000 in Annual Revenue I am continually inspired by entrepreneurs that push the limits of what is possible to follow through with their dreams of finding their own definition of success. Today guest is Rob Barry and during the interview, he shares with us how he went from being unemployed with $4680 left to his name, to a multi-million dollar exit. It just goes to show the process of entrepreneurship is one that many times requires a period of ‘volunteer poverty' and a sincere drive to make things happen. Rob goes into the details about his experience mentioning a huge mistake that actually paid off big. He also addresses why he took a period away from location independence so he could focus on the growth of his business which led to another level of location independence. Lastly, Rob shares about life after selling his business and a few things that people need to be sufficiently happy. “A lot of times I find in life, the truly valuable people to know, are the ones who don't want everyone to know that they're truly valuable to know.” Rob Barry 01:51: Who is Rob Barry? 07:38: From $4680 Left and Unemployed to a Multi-Million Dollar Exit 16:11: Making a Huge Mistake that Paid off Big 19:29: Rob on Not Regretting Mistakes 21:13: Going From Location Independent, To No Longer Location Independent, To Location Independent Again To Grow the Business 27:41: Deciding to Exit His Business 32:13: Life After Selling His Business 34:37: Three Things a Person Needs to Be Sufficiently Happy “You don't need to go out there and try to be the next Facebook. You don't need to create some...brand new concept...that is going to revolutionize everything. What you need to do, is find a market, and deliver value to it.” Rob Barry Honorable Mentions: Tranquility Labs http://www.tranquilitylabs.com/ Nate Ginsburg http://theentrepreneurhouse.com/nate-ginsburg/ Steven Van Der Peijl http://theentrepreneurhouse.com/steven-van-der-peijl/ DCBKK Conference http://www.tropicalmba.com/dcbkk-in-25-photos/ Contact Info: Rob@robbarry.com Subscribe to our podcast on iTunes https://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2
The Tropical MBA Podcast - Entrepreneurship, Travel, and Lifestyle
http://www.tropicalmba.com/nateginsburg/ Dan and Ian have spent many years on this show discussing the importance of surrounding yourself with supportive people who share your vision. Today's guest can attest to that philosophy. Nate Ginsburg has built a successful Amazon business over the last two years, which he recently sold for just under a million dollars. He didn't do it alone, though. On this week's show, you'll hear how a chance encounter in the rolling hills of Northern Thailand led Nate down an unbelievable entrepreneurial journey.
World traveler, yogi, entrepreneur. Nate Ginsburg joins me today on The Path Hunters Podcast. Nate jumps onto the podcast to chat with me about his journey as a freelancer. It was definitely an amazing insight to hear about his journey. More info at pathhunters.com/whitneypowell Free 1hour Coaching Session with me Calendly.com/pathhunters
My guest today is Nate Ginsburg, an ecommerce business owner who got his start in the Amazon FBA sphere. After selling part of his business, he has pivoted into business investing. Today he shares how he was able to make the transition from freelance work to full-blown ecommerce to business investing. Nate also has some great insights on how to build the right team for your business, as well as how tracking your business numbers could be the difference in scaring off or finding an investor or business partner. In this episode: Nate’s beginnings in freelance marketing work. How he was able to set aside the freelance work and focus on ecommerce. How a new business partner helped push Nate to get his numbers sorted effectively. The process Nate went about building his team. The importance of a great team. How Nate was able to correct some of his past business mistakes. The path Nate took for selling his business. Nate’s advice to future investors. His opinion on diversification. Nate’s parting thoughts.
Nate Ginsburg talks about “Million Dollar Intuition Deals and Radical Candor” in this episode of the Intuitive Leadership Mastery Podcast, with host Michaela Light. “I had this feeling and I knew and there came a point where I was talking to people, getting their advice. But after a certain point, stronger than any of the […] The post 065 Million Dollar Intuition Deals and Radical Candor with Nate Ginsburg appeared first on Intuitive Leadership Mastery.
GFA201. This week we have Nate Ginsburg a friend of mine who have been following along our growth in the inter webs and got to sync up the last month. He’s done extremely well on Amazon FBA and been a great leader to his team and those in his network. Let's hear from Nate all about empowering amazon fba team. For full show notes, check out GlobalFromAsia.com/episode201. The post Empowering His Amazon FBA Team To Build and Sell An Amazon FBA Business with Nate Ginsburg appeared first on Global From Asia.
The Business Method Podcast: High-Performance & Entrepreneurship
Current Series: 100 Interviews with 100 Location-Independent Entrepreneurs that have over $1,000,000 in Annual Revenue What are some of the key skills needed to build a location independent business that pulls in over $1,000,000 a year? Would it surprise you if ‘building relationships' was at the top of that list? Today's guest answers that question telling us how important relationship building has been in his business. Nate Ginsburg is the founder of an Amazon business he recently sold for nearly $1,000,000. He started out 4.5 years ago and shares with us the incredible importance of relationships and why he values them at the top of his list when becoming successful. Nate talks about being broke and moving home in 2012 and how he built a truly location independent business that keeps him traveling the world while making a lot of money, and the importance of being a good person during this process. “Take the most advantage of the opportunity now, and when the time is right...get out and take your chips off the table to roll into whatever is next.” Nate Ginsburg 01:21: Nate on Ho Chi Minh City 02:31: Who is Nate Ginsburg? 08:55: The Key to Success for Building and Selling a $1,000,000 Business 11:32: Creating an Incredible Work Environment 16:45: The Future of Amazon 21:53: Nate's Process of Selling His Business 25:38: What's Next for Nate Ginsburg? 27:05: What it Takes to Build a 7-Figure Location Independent Business 33:24: Establishing and Maintaining Friendships with Entrepreneurs on a Higher Level Honorable Mentions: Pai, Thailand https://en.wikipedia.org/wiki/Pai,_Thailand Contact Info: http://www.nateginsburg.com/ Upperlimitventures.com Subscribe to our podcast on iTunes https://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2