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Author Archives: Jason Andrew

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Why I walked away from buying a 7-figure vending machine business

Entrepreneurship, Featured blogBy Jason AndrewAugust 5, 2022Leave a comment

Forget Bitcoin – vending machines are where the riches are at. Here’s how I almost bought a vending machine business.

Why revenue is a vanity metric

Ecommerce, MetricsBy Jason AndrewJuly 19, 2022Leave a comment

Revenue isn’t the only metric of “success” – what you should be really looking at is your gross profit margin. Here’s why sales really don’t fix everything.

How to make yourself redundant

Business Strategy, Entrepreneurship, Featured blogsBy Jason AndrewJune 27, 2022Leave a comment

We’ve unpacked the business owner journey to help you understand how to move to the next stage and ultimately make yourself redundant.

graphic with Whats Your MVL (minimum viable lifestyle)

What’s Your MVL (Minimum Viable Lifestyle)?

Entrepreneurship, Featured blogBy Jason AndrewJune 20, 2022Leave a comment

MVL, or Minimum Viable Lifestyle, is a term I first coined when I started my business to help calculate the minimum amount of money I could live on without racking up debt. Here’s how to calculate yours.

graphic with text "why your ecommerce business never has enough cash"

Why your ecommerce business never has enough cash

EcommerceBy Jason AndrewMay 31, 2022Leave a comment

When assessing the financial performance of an online business, most people look at profit to determine success. Here’s what you should be looking at instead.

graphic with text "the two killers of your ecommerce profits"

The two killers of your ecommerce profits

Ecommerce, Featured blogBy Jason AndrewMay 31, 2022Leave a comment

While it might seem easy to leave these off your sales tally, here’s why you should be paying more attention to discounts and returns.

graphic with "Four practical alternatives to discounting"

Four practical alternatives to discounting

Ecommerce, Featured blogBy Jason AndrewMay 30, 2022

Discounting can be destructive to your business. Here are four alternatives to improve sales without lowering your prices.

graphic with text "why discounting is killing your ecommerce business"

Why discounting is killing your ecommerce business

Ecommerce, Featured blogBy Jason AndrewMay 30, 2022

Discounting is a dangerous habit that is entrenched in most online businesses. Here’s what happens when you discount, and why you should stop.

How to design your ecommerce accounting software stack

Accountants, Ecommerce, Featured blogsBy Jason AndrewMay 27, 2022Leave a comment

Most eCommerce founders focus on efficient customer acquisition and conversion as their primary objectives. But the truth is inventory management is the backbone of every retailer. You might have an amazing brand and vision, but it’s hard to stay in business if you have no stock to sell, or if you’re selling at a loss.…

SBO When is it okay to discount my product

When is it okay to discount my product?

EcommerceBy Jason AndrewMay 27, 2022Leave a comment

Discounting is a tricky subject. Personally I have a love/hate relationship with the topic as one size does not fit all businesses.  My general advice to founders is to avoid discounting as much as possible. That said, discounting used strategically can be an effective and legitimate way to improve your top line. It’s a balancing…

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