eCommerce Fuel

Hosted ByAndrew Youderian

Looking for detailed information from top experts on researching, launching and growing your online eCommerce business? Look no further. Join your host Andrew Youderian, an experienced eCommerce entrepreneur, each week as he pulls aside some of the industry's top experts to give you down to earth, actionable advice served up with a side of comic relief. Learn from the masters how to turn your 'make money online' attempt into a profitable, growing online store. Get show notes, in-depth eCommerce Fuel posts and your free copy of Andrew's highly reviewed 55-page eCommerce guide at eCommercefuel.com.

eCommerce Fuel | Episode 641: Investing 95% of Profits Outside Your Business – Case Study with Michael Jelliff

eCommerce Fuel
eCommerce Fuel
eCommerce Fuel | Episode 641: Investing 95% of Profits Outside Your Business - Case Study with Michael Jelliff
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If your eCommerce store shut down tomorrow, how long could you survive on everything else you’ve built? In this episode, Michael Jelliff, owner of Geekstands.com, reveals how he built one of the leanest, most profitable eCommerce operations around (an intentionally small, three-person team that throws off serious cash) and then did something most founders don’t: pulled nearly all of it out and invested it elsewhere.

Listen in as Mike shares the experience that shaped his entire financial philosophy, how he thinks about diversifying profits into both public and private markets, and why his passive investments now generate more income than his eCommerce business. You’ll also hear his 12-year-old pricing formula that keeps him at a 99% in-stock rate, how he manages pricing across 11 marketplaces, and what he’s weighing as he considers whether to sell the business entirely.

You can find show notes and more information by clicking here: https://tinyurl.com/mru8e8em

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