Episode 84 - Building Value and The Metric to Rule all Metrics with Bill D’Alessandro from Elements Brands

In just a few short years Bill D transitioned from investment banker to single brand eCommerce store owner, to now owning and leading a portfolio of 10 eComm brands through his company, Elements Brands.    I wanted to pick Bill’s brain - one, because he’s just wicked smart, but, two, because I think all eCommerce store owners could benefit from his perspective. In this power-house episode we uncover:  How Bill went from investment banker to owning a portfolio of growing eCommerce brands.   What Bill looks for when he’s considering buying an eCommerce business (there are lessons here for you, whether you’re looking to sell right now or not). Why diversity of traffic is so important and what to consider here. What’s the metric to rule all metrics? No, it’s not conversion rate, or AOV, or Return on Ad Spend. (Hint: you’re probably ignoring it or not calculating it the way you should.) Why profits are sanity and revenue is vanity. How well document processes build value now and later. Plus much, much more!