EPISODE · May 29, 2024 · 42 MIN
The Power Of Relentlessly Pursuing Profit
from The Andrew Faris Podcast · host Andrew Faris
I'm amazed at how good some ecommerce businesses are. Not necessarily the ones you read about or see on social media. They may or may not be good businesses. I'm thinking instead of businesses that I have seen up close and personally. In these businesses, when operators get crystal clear that bottom line profit is the ultimate driver of the value of their business, they can build SERIOUSLY profitable, valuable businesses. It sounds so simple: relentlessly pursue profit. But it's much easier said than done. And today, I'm explaining what I mean by that phrase and how to actually do it. EPISODE SPONSORS MORE STAFFING Register for More Staffing's webinar, "Transform Your E-commerce Supply Chain into a Revenue Stream: 5 Savings Strategies that Deliver Results in 3 Months," taking place on May 30 here: https://bit.ly/3wFurF5. BILY Get enhanced Meta Ads event tracking on your store with 100% server side tracking at the lowest rate in all of ecom with Bily by visiting https://bily.ai. THE BEST DTC TRAINING RESOURCE ON THE INTERNET: Learn More About ADmission: https://bit.ly/3x99lip REFERENCED IN THIS EPISODE "The Financial Roadmap For DTC Success (With Drew Fallon)" (Spotify, Apple, YT) "Bryan Porter Didn't Get To $100M On Amazon With Just Tips & Tricks" (Spotify, Apple) FOLLOW UP WITH ANDREW Follow Andrew on Twitter: @andrewjfaris Email Andrew: [email protected] Work with Andrew: www.ajfgrowth.com
What this episode covers
I'm amazed at how good some ecommerce businesses are. Not necessarily the ones you read about or see on social media. They may or may not be good businesses. I'm thinking instead of businesses that I have seen up close and personally. In these businesses, when operators get crystal clear that bottom line profit is the ultimate driver of the value of their business, they can build SERIOUSLY profitable, valuable businesses. It sounds so simple: relentlessly pursue profit. But it's much easier said than done. And today, I'm explaining what I mean by that phrase and how to actually do it. EPISODE SPONSORS MORE STAFFING Register for More Staffing's webinar, "Transform Your E-commerce Supply Chain into a Revenue Stream: 5 Savings Strategies that Deliver Results in 3 Months," taking place on May 30 here: https://bit.ly/3wFurF5. BILY Get enhanced Meta Ads event tracking on your store with 100% server side tracking at the lowest rate in all of ecom with Bily by visiting https://bily.ai. THE BEST DTC TRAINING RESOURCE ON THE INTERNET: Learn More About ADmission: https://bit.ly/3x99lip REFERENCED IN THIS EPISODE "The Financial Roadmap For DTC Success (With Drew Fallon)" (Spotify, Apple, YT) "Bryan Porter Didn't Get To $100M On Amazon With Just Tips & Tricks" (Spotify, Apple) FOLLOW UP WITH ANDREW Follow Andrew on Twitter: @andrewjfaris Email Andrew: [email protected] Work with Andrew: www.ajfgrowth.com
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The Power Of Relentlessly Pursuing Profit
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