Honest Ecommerce

187 | Greatness Comes From Trying and Failing Multiple Times | with Mike Beckham


Listen Later

Mike Beckham is co-founder and Chief Executive Officer of Simple Modern, a leading producer of premium drinkware and lifestyle products. 

Founded in 2015 and based in Oklahoma, Simple Modern currently generates a nine-figure annual revenue and is committed to generosity, donating at least 10% of annual profits to nonprofit organizations. 

Under Mike’s leadership, the company has grown into a category leader for Amazon, Target, and Sam’s Club. 

In addition, Simple Modern will be launching in Walmart stores nationwide in spring 2022. Prior to founding Simple Modern, Mike spent over a decade working for the worldwide Christian ministry CRU. 

Equipped with a deep understanding of the nonprofit sector, Mike transitioned into the business world and helped found and operate several e-commerce businesses, which cumulatively generated more than $1 billion in revenue. 

Mike graduated with a degree from the University of Oklahoma Price College of Business, where he currently serves as the senior entrepreneur-in-residence.

In This Conversation We Discuss: 

  • [00:00] Intro
  • [01:08] What brought Mike to the Ecom game
  • [05:09] Accepting that Amazon wins the Ecom fight
  • [07:12] D2C brands transitioning into traditional retail
  • [08:43] Make your brand indispensable to platforms
  • [09:25] Brands reaching “escape velocity”
  • [10:48] The newer value props for D2C
  • [14:12] 2 ways to position a D2C brand to customers
  • [15:34] Reasons to invest in domestic manufacturing
  • [17:56] Sponsor: Electric Eye electriceye.io
  • [18:16] Sponsor: Mesa apps.shopify.com/mesa
  • [19:04] Sponsor: Loop loopreturns.com/honest
  • [19:57] Sponsor: Klaviyo klaviyo.com/honest
  • [20:44] From the starting phase to the scaling phase
  • [21:59] Moving into the enterprise level
  • [23:09] 2 Ecom things that catch people off-guard
  • [24:48] Ecommerce can make you age fast
  • [25:40] Mistakes Mike wants you to avoid
  • [26:41] You have to have a learning mindset
  • [27:29] Process-driven mindset vs results-driven mindset
  • [29:11] Entrepreneurship doesn’t start with novelty
  • [30:45] Trying is what makes people great
  • [32:26] Being a net positive brand/business
  • [34:15] Where to find Simple Modern

Resources:

  • Subscribe to Honest Ecommerce on Youtube
  • Connect with Mike linkedin.com/in/mikebeckhamsm
  • Stylish water bottles, travel mugs, food storage, and backpacks simplemodern.com
  • Scale your business with electriceye.io
  • Download Mesa at the Shopify App Store apps.shopify.com/mesa
  • Transform your returns into exchanges loopreturns.com/honest
  • Get started with a free account at klaviyo.com/honest

If you’re enjoying the show, we’d love it if you left Honest Ecommerce a review on Apple Podcasts. It makes a huge impact on the success of the podcast, and we love reading every one of your reviews!

...more
View all episodesView all episodes
Download on the App Store

Honest EcommerceBy Shopify Expert Chase Clymer

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

50 ratings


More shows like Honest Ecommerce

View all
eComFuel by Andrew Youderian | e-Commerce Entrepreneur

eComFuel

311 Listeners

Shopify Masters by Shopify

Shopify Masters

375 Listeners

The Unofficial Shopify Podcast by Kurt Elster, Paul Reda

The Unofficial Shopify Podcast

258 Listeners

eCommerce MasterPlan by Chloë Thomas

eCommerce MasterPlan

64 Listeners

The Bill Simmons Podcast by The Ringer

The Bill Simmons Podcast

30,084 Listeners

The Ecomcrew Ecommerce Podcast by Mike Jackness and Dave Bryant | eCommerce, Shopify, and Amazon FBA Experts

The Ecomcrew Ecommerce Podcast

300 Listeners

The Daily by The New York Times

The Daily

111,562 Listeners

Up First from NPR by NPR

Up First from NPR

56,166 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

6,967 Listeners

eCommerce Fastlane: Shopify Growth Strategies—Where AI Efficiency Meets Human Connection by Steve Hutt | Shopify Expert | eCommerce Expert

eCommerce Fastlane: Shopify Growth Strategies—Where AI Efficiency Meets Human Connection

211 Listeners

Secrets To Scaling Your Ecommerce Brand by Jordan West

Secrets To Scaling Your Ecommerce Brand

39 Listeners

DTC POD: How The Best Brands Are Built by Ramon Berrios, Blaine Bolus

DTC POD: How The Best Brands Are Built

63 Listeners

eCommerce Badassery by Jessica Totillo Coster

eCommerce Badassery

67 Listeners

DTC Podcast by DTC Newsletter and Podcast

DTC Podcast

35 Listeners

Limited Supply by Nik Sharma

Limited Supply

148 Listeners