E165: Bryan Dunn on the Challenges of Buying and Running an E-commerce Business
![E165: Bryan Dunn on the Challenges of Buying and Running an E-commerce Business](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/b434a9467e1e38b49a896d6a91f6caab.jpg)
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
E165: Bryan Dunn on the Challenges of Buying and Running an E-commerce Business
This is an automatically generated transcript. Please note that complete accuracy is not guaranteed.
Description
"This episode was brought to you by Reconciled.com. Helping M&A Entrepreneurs just like you with Bookkeeping, CFO & Controller Services, Outsourced Enterprise Accounting and Tax Services. Reconciled.com" Watch it on...
show moreWatch it on Youtube: https://youtu.be/LerW0_V-I5k
About The Guest(s): Bryan Dunn is the owner of EVRIM LLC and the Vice President of General Digital, a privately held company in the defense industrial base. With a background in the army and a career in business development and finance, Bryan brings a unique perspective to the world of entrepreneurship and acquisition. He is also the owner of Pursuit Goal Journal, an e-commerce business that helps individuals achieve their goals.
Summary: Bryan Dunn, owner of EVRIM LLC and Vice President of General Digital, shares his journey as an acquisition entrepreneur and the lessons he has learned along the way. From his military background to his career in business development, Bryan's passion for the defense industrial base led him to explore the world of entrepreneurship and acquisition. He discusses his experience buying an e-commerce business and the challenges he faced in navigating the Amazon marketplace. Bryan also emphasizes the importance of understanding the value proposition of a business and building relationships with customers. He shares his insights on the impact of owning a business on his family life and the lessons he has learned as a business owner.
Key Takeaways:
- Bryan emphasizes the importance of understanding the value proposition of a business and effectively communicating it to customers.
- Buying an e-commerce business requires a deep understanding of the Amazon marketplace and the ability to adapt to changes in the algorithm and competition.
- Building relationships with customers and receiving feedback is crucial for the growth and success of a business.
- Bryan highlights the need for empathy and understanding as a business owner, both in his own business and in his role as an executive in a privately held company.
- He advises aspiring acquisition entrepreneurs to start with smaller experiments and gain experience before diving into larger acquisitions.
- "I'm not discouraged from buying another business, but I have some emotional speed bumps and some lessons learned to go, 'Alright, what lane are you in, pal?'" - Bryan Dunn
- "Business is about solving problems. So pick the kinds of problems you want to solve and go do that business." - Bryan Dunn
--------------------------------------------------
Contact Bryan on
Linkedin: https://www.linkedin.com/in/bryandunn/
Twitter: https://twitter.com/GoalsBDunn
--------------------------------------------------
How2Exit Joins IT ExchangeNet's Channel Partner Network!
-Why IT ExchangeNet?
Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match.
"Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton
The IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.
If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.
Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.
Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.
--------------------------------------------------
💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/
►Visit Our Website: https://www.how2exit.com/
📧For Business Inquiries: Me@4sale2sold.com
👇🏻SUBSCRIBE HERE
https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
📱Stay Tuned On Our Social Media :
» Linkedin - https://www.linkedin.com/in/ronskelton/
» Twitter - https://twitter.com/ronaldskelton
» Facebook - https://www.facebook.com/How2Exit
» Newsletter - http://deeper.how2exit.com/
#How2Exit # # 💖Thanks for watching! 💖
Information
Author | Ronald Skelton |
Organization | Ronald Skelton |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company