In the bustling world of e-commerce, achieving eight figures in sales is a milestone many sellers aspire to reach. But what does it truly take to scale your business to this level of success?
Join us in this episode of The Seller Process Podcast with Michael Sirpilla, CEO of Society Brands, an e-commerce aggregator home to multiple seven and eight-figure brands, shares various aspects of building and scaling successful e-commerce brands, including team size, SKUs, business partnerships, capital management, geographical distribution, and advertising efficiency.
Here’s a breakdown of what to expect in this episode:
- Michael’s Entrepreneurial Journey
- Insights into Eight-Figure Businesses
- The Importance of Business Partnerships
- Team Size and Structure in Eight-Figure Brands
- Product Range and SKU Efficiency
- Geographical and Channel Distribution
- Capital Management and Post-Acquisition Strategy
- Inventory Management and Cash Flow
- Benchmarking Brand Growth
- Scaling Strategies for Acquired Brands
- Mindset and Skills for Success
- Books and Mentors Impacting Success
- Crucial Soft Skills for Entrepreneurs
Download the “Episode Transcript” by Michael Sirpilla
About Michael Sirpilla:
Michael grew up in Ohio and has been in and around retail his whole life and has extensive M&A experience throughout his career and been part of multiple business ventures where hes primarily focused on organic growth. He founded a financial services wholesale agency with 40 direct reports and built it into a multi-million-dollar business. He also partnered in a population health management business and scaled it from $0 to $150MM in revenue within five years. With Michael as CEO, Society Brands raised $205MM to continue their rapid consolidation in the e-commerce sector and has completed many acquisitions since inception.
Connect with Michael Sirpilla…
Website: https://www.societybrands.com/
Instagram: https://www.instagram.com/society_brands_/
Facebook: https://www.facebook.com/societybrands
Connect with Gianmarco!
Website: https://www.thesellerprocess.com
Instagram: https://www.instagram.com/gianmeli/?hl=en
Facebook: https://www.facebook.com/thesellerprocess
LinkedIn: https://www.linkedin.com/in/gianmarco-meli/
YouTube: https://www.youtube.com/channel/UCB07vjOEJnu3mhYxmoaVleg
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