A few years ago we were broke university students. Living in a place of Eastern Europe nobody knows - Lithuania. Fast forward a few years, we’re founders of AdKings Agency. An industry-leading boutique eCommerce growth agency responsible for one of the fastest-growing US eCommerce brands and taking it from $0.5M to $26M in a single year without any external funding. Now we’re working on helping to grow and scale a dozen other eCommerce businesses to 8 or 9-figures. Managing over $18M in paid media ad spend a year and delving deep into sophisticated eCommerce exits, investments, and acquisitions world. Our world is intense, crazy, ever-changing, and challenging. This podcast is simple. Every week we, Darius, and Justin are going to open up our & our agency lives. We’re going to share behind the scenes insights about what makes our clients' businesses grow at the speed they are growing. We’re going to share our best-learned marketing methods, channel insights, and growth hacks that took us millions of dollars to figure out. And we’re going to open up insights from our client's business development strategies from operations management to raising capital that supported this growth. Nothing held back to help you transform your business into an 8 or even 9-figure powerhouse. Are you ready to click play? - Darius Kunca & Justin Gecevicius 👉 We're releasing new episodes every Monday, Wednesday & occasionally Friday.
Monday Oct 11, 2021
Monday Oct 11, 2021
An acquaintance of ours got to 16 million in revenue with only 4 people on their team. While this is a great situation to be in, there are also a lot of things that could go wrong. The growth stage is always exciting, but as quickly as a business can grow, it can also burn out. Today, we’re sharing tips on how business owners can avoid this crash and burn.
On this episode:
- A little background about the business owner in this situation.
- What we have seen happening in the industry with new competitors.
- Why it pays to think ahead.
- The next step this owner should take in his business.
- The biggest issue he is facing due to this growth.
- The benefit of having a bigger team.
- How skilled team members can help you avoid mistakes.
- How people can misrepresent themselves in the hiring process.
- Why you shouldn’t put too much on one person in your team.
- Why some businesses crash quickly.
- The benefit of putting a person or story behind your business.
- Ways you can increase your average order value.
- When you should outsource your work and utilize outside resources.
- What we’re always looking for in our agency and why.
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