Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses artwork

Success and Challenges From Running an 8 Figure Ecommerce Portfolio with Mike Jackness, Founder of Terran and Host of EcomCrew Podcast

Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses

English - April 22, 2020 10:00 - 46 minutes - 32.2 MB - ★★★★★ - 30 ratings
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Next Episode: How To Qualify For and Collect Your Government Stimulus PPP, FAST with Vinnie Fisher, CEO of Fully Accountable

Micheal Jackness, founder of Terran, an e-commerce conglomerate, and EcomCrew podcast, talks about his experience in selling his e-commerce business; the impetus, the preparation and eventual transfer of ownership.

WHAT YOU’LL LEARN

Background on TerranWhy Sell?Choosing the e-business to sellChallenges to a co-mingled businessTypes of Advertising in E-CommerceFuture plans and Impact of Covid-19


KEY POINTS

The need to move on, to relieve the stress caused by running a business is a sure sign that it is time to sell.If one owns several e-businesses, it is best to sell the product that fulfills the selling objective. It could mean selling the best performing brand in order to ensure successful sale.Having clear financial documentation would help in the untangling co-mingled funds in the business.The virus crisis may provide an opportunity to check out good brands of e-businesses you can buy and scale profitability.


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