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Share 057 : Mitchell Lipp (aka Harvey Spectre) - Young Gun # 2 - Over $2,000,000 in sales last year out of his house - Scale is where you make it??
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057 : Mitchell Lipp (aka Harvey Spectre) - Young Gun # 2 - Over $2,000,000 in sales last year out of his house - Scale is where you make it??
My first takeaway from Mitchell was that he did over $2,000,000 and has failed (in a good way) to take on a personal warehouse. I think he has made me rethink some fundamentals (mine) and self-imposed limits I have. Now he does use a Prep company and credits them with allowing him to scale to the exceptional level he has. He still is a heavy RA buyer (really heavy in the 4th quarter!) and he and two others move mountains of material, so look really hard at whether you really need (or is it just nice to have) a warehouse before you pull the trigger. Mitchell might suggest it is a little premature and put your money into more inventory!
This group of younger, newer sellers really has a bond, almost like they move in sync - as one, so take what you can from each of these interviews and think whether you should consider a group of like-minded sellers and more importantly can YOU add value to their business without expectation? That's when you hit the sweet spot!
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By eCommerce Momentum Podcast
4.7
9595 ratings
My first takeaway from Mitchell was that he did over $2,000,000 and has failed (in a good way) to take on a personal warehouse. I think he has made me rethink some fundamentals (mine) and self-imposed limits I have. Now he does use a Prep company and credits them with allowing him to scale to the exceptional level he has. He still is a heavy RA buyer (really heavy in the 4th quarter!) and he and two others move mountains of material, so look really hard at whether you really need (or is it just nice to have) a warehouse before you pull the trigger. Mitchell might suggest it is a little premature and put your money into more inventory!
This group of younger, newer sellers really has a bond, almost like they move in sync - as one, so take what you can from each of these interviews and think whether you should consider a group of like-minded sellers and more importantly can YOU add value to their business without expectation? That's when you hit the sweet spot!