Ep.552 ~ Building a $2 BILLION eComm Business ~ Spencer Jan

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

Subscribe to the Podcast:

 🎧 Website: 

https://www.thebusinessmethod.com/spencer-jan  

🍏 Apple Podcasts: 

http://bit.ly/TheBusinessMethod

💻 Google Podcasts: 

http://bit.ly/TheBusinessMethodGooglePodcasts

🎙Spotify: 

http://bit.ly/SpotifyTheBusinessMethod

 

Follow Chris Reynolds on Social Media:

Instagram: @chrisreynoldslive 

Facebook: @chrisreynoldslive 

YouTube: @chrisreynoldslive

LinkedIn: @chrisreynoldslive