Have you heard about any eComm side-hustles growing to become a $2 Billion company? This might sound too good to be true, but it did happen when Spencer Jan jumped into entrepreneurship and started a business in his garage in 2010 with his brother and only $15,000 to his name.
Spencer has started numerous eCommerce ventures since but nothing surmounts to the wildly successful SoloStove that upended an entire industry and grew into SoloBrands where they eventually raised $219 million through an IPO giving the company a $2 Billion valuation!
Here to share that story today is the founder of SoloStove, Spencer Jan!
02:05 Micro-High Performance Episodes
02:45 Events and Trips For Entrepreneurs
03:09 Seasoned Business Minds Group
04:14 Guest Introduction
05:45 Late Bloomer Entrepreneur
08:00 Bootstrapped Lifestyle Entrepreneur
10:03 The Four Hour Work Week by Tim Ferris as an Inspiration
14:01 Spencer’s Willingness to Try Anything to Achieve a Freedom
16:31 Magic Behind Solo Stove
23:50 Believing in the Methodology of Improvement
28:58 Why Brand Connection Matters
34:00 Selling the Majority Stake of the Company
36:07 Duct Tape & Dreams Phase
42:33 Pain for a Good Cause Phase
47:49 Freedom. I’m out Peace Phase
53:15 Giving up Control and Support in a Passive Role
55:40 Choose Your Own Adventure
01:02:44 Focus on Balancing Life in a Healthy Way
01:05:35 Reach out and Learn More about Spencer Jan
Contact Info:
https://www.linkedin.com/in/spencerjan/
https://www.tiktok.com/@spencerjan
https://www.youtube.com/c/SpencerJan/featured
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https://www.thebusinessmethod.com/spencer-jan
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http://bit.ly/TheBusinessMethodGooglePodcasts
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HP#168 ~ Pt.3 of Sitting Down w/a Billionaire
HP#167 ~ Pt.2 Sitting Down w/ a Billionaire
HP#166 ~ Sitting Down w/a Billionaire in Person
HP#165 ~ Common Traits of Billion Dollar Founders Continued….
HP#164 ~ The MAIN Common Traits of Billion-Dollar Founders
HP#163 ~ The Biggest Fear of a $4 Billion Space Tycoon
HP#162 ~ How to Get Mark Cuban to Invest w/ a Cold Email
HP#161 ~ Biggest Mistakes in Fundraising Over $1 Billion ~ Jordan Noone
HP#160 ~ A Billion Dollar Founder on the Importance of Taking TIme Off to Think
HP#159 ~ When Not to Listen to Your Mentors, Coaches or Advisors
Ep.558 ~ A $4.2 Billion Company That 3D Prints Rockets ~ Jordan Noone
HP#158 ~ Pursue Your Own Madness ~ Jim Rogers
HP#157 ~ How the CEO of Chipotle Maintains Peak Performance
HP#156 ~ Why Leaders Should Be Subordinate from the CEO of Chipotle
HP#155 ~ Recipe for Empowering Employees from the CEO of Chipotle
HP#154 ~ How the CEO of Chipotle Finds Top-Employees for Rapid Growth
HP#153 ~ Growing Chipotle from 8 Stores to 2000 Stores w/ 75k Employees
Ep.557 ~ The Former CEO of Chipotle, Growing it to a $23 Billion Company ~ Monty Moran
HP#152 ~ Once a Month Have Lunch w/ Someone You Hate
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