How To Set Up Logistics For Your Startup

You’ve developed an incredible product. It’s been crowdfunded 300% and you’re already through your final prototype and on to production. Your customers are waiting patiently. You have not actualized the most important part of your business. Logistics. How are you going to ship your product to your customers? How are you going to optimize your manufacturing process and gather the materials quickly enough to keep up with the demand? It’s more complicated than you might think. And in the era of Amazon Prime and Walmart.com’s two-day shipping options, it’s not easy to please your customers. “But my customers will wait a decade to get my product in their hands.” That’s the mistake Oculus made out the gate with the Rift back in 2016. HTC beat them to market due to shipping concerns and they lost the lead (which they steadily gained back due to a superior product). No matter how […]

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How to Build a Software Company—the Story of JungleScout with Greg Mercer

Pat Flynn: Some of the most interesting stories here on The Smart Passive Income Podcast are stories behind how certain software companies have come to be. We’ve had Clay Collins, who was introduced in Episode 78. We’ve had Nathan Berry on the show to talk about how he bootstrapped ConvertKit. And now today we have an amazing story behind JungleScout—that is a analytical tool . . . an analytical tool—that’s kind of hard to say—for people who are doing business on Amazon. It helps you do keyword research and understand competition and potential sales, numbers for various product that are on there. And if you’re doing any sort of business on Amazon, you probably want to know about it if you don’t know already. And today I’m going to be interviewing and getting the origin story of this piece of software that has grown so big, and I just love […]

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The Story of Super Coffee—from Dorm Room to Whole Foods and Beyond with Jim Decicco

Jim Decicco: Once we got in, we were like, “This is our only account.” We were only in one Whole Foods, it was a local account. We were like, “This is our only account, this is all we got. Let’s make it the best ever.” That first day our product was available on the shelf, this was a few weeks after that initial order. We figured out how to make it, and sort of scale enough for that. That first day, we broke the store’s weekly sales record in the first four hours, because the three of us . . . Pat Flynn: That’s Jim Decicco talking about the story of Super Coffee, and how he and his two brothers created this company, broke sales records, and are now one of the top beverages out there in the sort of niched, super coffee, protein coffee space. This was all born […]

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SPI 316: The Art of Scaling with Nathan Chan from Foundr

How do you take an idea and grow it into a six-figure business, a multiple six-figure business, and then scale it to a multiple seven-figure business? That’s what we’re talking about with today’s special guest: Nathan Chan, founder of Foundr Magazine. Foundr Magazine has turned into a powerhouse brand since I last spoke with Nathan (Episode 169). So much has happened! Today, Nathan is going to dish on all that he’s done, and all that he’s had to stop doing in order to grow. I’m basically just turning the mic over to Nathan so he can give us the scoop on what he’s learned, what he’s aiming for now, how he’s building his brand, and why his mission with Foundr has increased 100x. Stick that phone in your pocket and listen close, because this episode is stuffed with insights and powerful takeaways. That’s what Foundr is all about—helping entrepreneurs create […]

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SPI 285: Accidental Entrepreneurship and Design Commerce with Jeff Sheldon from Ugmonk.com

This month is crowdfunding month on SPI.com. I’m exploring all aspects of the process, from validating, to building your campaign, fulfillment after the fact, and everything in between. Today I’m talking to someone who’s been on the front lines of Kickstarter campaigns, Ugmonk.com founder Jeff Sheldon. In May, Jeff launched a Kickstarter campaign for Gather, a minimal, modular desktop organizer. The campaign was 100 percent funded within 47 minutes, and reached $100k in under 24 hours. Jeff breaks down what made his campaign such a success, and what he learned from a previous campaign that helped him do things well the second time around. Jeff’s campaign went on to raise almost $500,000 and was 2,394 percent funded. We’ll also be talking about the story behind the Ugmonk brand, how Jeff built honesty and transparency into its framework, and why having his mom as an employee is awesome. There’s lots to […]

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