115. The Principles I Used to Scale My Business to $1M/Year

How do you start a business when money is tight? Where do you find motivation when the odds are stacked against you? These are the questions asked by anyone who is beginning their entrepreneurial journey.  Michael Tecku answers those questions today plus gives the inside scoop on starting and scaling a business from $0-$1M in under 12 months.

In the last year, Michael has pivoted away from Amazon (where he was a top 1% seller) to launch a $1M Shopify business. He’s an ecommerce genius and he dives into strategies for starting a business and scaling it quickly. Even if you have no clue where to begin or what to sell. 

Resources:

• Podcast Episode 82: How to Make $22M/Year with Ecommerce
• Connect with Michael: https://www.momentumshake.com/
• The Unofficial Shopify Podcast: https://unofficialshopifypodcast.com/

Ready to be your own boss without starting from scratch? Grab our FREE Franchise Guide and unlock the secrets of proven business models that have already created thousands of success stories.

Connect with UpFlip:

• On Youtube
• On Instagram
• On Facebook
• @UpFlipOfficial on Twitter

For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.

Thanks for listening!

Chapters

• 0:48 Background
• 2:40 Starting an Ecommerce Business
• 5:36 Finding a Niche
• 6:58 Business Section
• 7:37 Best Platforms
• 9:24 Share a Review
• 9:39 Why Not Amazon?
• 12:06 Is Shopify the Way to Go?
• 15:10 Fan Blitz Questions
• 19:33 Branding
• 21:42 Tips for Building an Online Store
• 23:52 Adding Team Members
• 26:39 Takeaways