Today’s 465th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, November 14, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join. All are welcome!
Today’s 4645h FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, November 714 at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join. All are welcome!
Ontario-based Shopify (NYSE:SHOP) has had a stellar run so far. For the year, the company’s stock has almost doubled. But the recent earnings results were a bit of a disappointment. While revenues continue to outpace market expectations, higher than anticipated spend for international expansion steered the company into a loss. Its stock fell 4% in the after-hours trading session post the result announcement.>>>
Sramana Mitra: Between 2016 and 2019, what are other strategic points that we should discuss in this interview?
Sardor Umrdinov: From the beginning, I would probably start with more structure till you reach the first $5 million to $10 million. After $10 million, it’s harder to scale if you don’t have the structure in place. The same thing goes for leadership.>>>
Brad Kirschner: One of the interesting things that has happened as well is, when I started, we spent two years developing the eyewear kiosk. We went out to the market with it. Almost right away, people said, “This is really cool. Can you do this for safety shoes?”
Sramana Mitra: That’s a completely different business.>>>
The market appears to have lost patience with Twitter (NYSE: TWTR). Recently the company reported its third quarter results that failed to meet market expectations and sent the stock plummeting 19% in the after-hours trading session.>>>
Sramana Mitra: What is the revenue level in 2016 at the point at which you introduced this homegrown CRM system?
Sardor Umrdinov: $10 million.>>>
I have always believed in the power of niche e-commerce to build sustainable businesses. Eyelation is a great example. Read on for more.
Sramana Mitra: Let’s start by introducing our audience to yourself and Eyelation.
Brad Kirschner: I’m the CEO and Founder of Eyelation. We’ve been in business since 2009. I developed a self-service safety eyewear kiosk for factories. It’s available for people to buy their prescription eyewear from. The first one was out in 2011.>>>