Exsect Inc. — small business
Tips on Runninng a Sucessful Etsy Shop
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I recently celebrated 10,000 Etsy sales on Christy Wright’s Business Boutique and many members had a few questions or requested that I share a few tips. I figured that it would be easiest to condense everything in one post instead of posting comment by comment.MY ONLY REGRET: Not committing to my shop sooner. While I reserved my name on Etsy on June 1st, 2012, I didn't set up my shop until May 21st of 2014. This was a mistake. I should have dived right in.However, In 2012 I did not understand Etsy’s potential. No one would share real...
Tony Robbins - Money Master the Game
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Tony Robbins epic 20 hour read Money Master the Game: 7 Simple Steps to Financial Freedom was very informative, especially to a newer investor willing to consume any reasonable advice on the subject. Though drawn out at times and a bit of an over done promotion for a few products (fixed index annuities); I thoroughly enjoyed the interview section (minus Tony's repetitious response of "awesome") and the detailed portfolio breakdowns from so many successful advisors. I found the chapter on dollar-cost averaging most beneficial. This tiny part of Tony's huge novel inspired me to auto-invest to our SEP and IRAs...
Who or What is Successful on Etsy?
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How do you define success on Etsy? Is it possible to make a living on Etsy? Yep. My main Etsy shop shop grossed $90,000+ revenue in 2015. In 2016, my sales have increased by 33.41%, well on track to clear $120,000+ revenue in 2016. But how could I ever know if that is considered to be “successful” among the 1.5 million sellers on Etsy? Etsy’s new rules allow for the use of manufacturing and staff (gasp!). If I am doing $100k a year as a single maker operated business, there must be hundreds of shops making 5x-10x that amount. It...
New Shopify Store
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I opened a new EXSECT SHOPIFY STORE over the weekend. Although it seemed fairly easy to set up, importing from Etsy is a nightmare. After fixing all of the prices, variations, spacing in the listings, titles and links... I discovered last night that ALL of the tags have underscores in them instead of spaces. What a pain. Sometimes I truly get tied of doing everything myself. I wish I could pass off the most tedious tasks to SOMEONE and have confidence that they will actually be done correctly. Off to fix tags for HOURS!
The Customer-Funded Business - Book Review
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The Customer-Funded Business: Start, Finance, Or Grow Your Company with Your Customers' Cash by John Mullins I was so absolutely excited about this book that I consumed it faster than most books I acquire. However, it left me feeling severely disappointed. Sure, many of the examples given in this book started out solely customer funded. But ALL examples ended up acquiring investors and or funds from other sources. The synopsis reads :"Who needs investors?" Apparently, everyone in this book did. The author also completely dismisses bootstrapping. Which in itself was questionable. Sadly, I gained very little from this book. As...