17 min listen
How to Sell $300k Of Your Physical Product with Trisha Roy from Barn and Willow
How to Sell $300k Of Your Physical Product with Trisha Roy from Barn and Willow
ratings:
Length:
18 minutes
Released:
Jan 20, 2016
Format:
Podcast episode
Description
Ep 123 Trisha Roy of Barn and Willow is a product manager turned entrepreneur. She is a design enthusiast and believes technology will continue solving problems! Traveled across almost all continents (except for Antarctica).
Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: http://nathanlatka.com/startertribelive
3 Key Points:
Quality, make sure quality is obvious to customers.
Social media is a unparallel marketing tool
Manage marketing resources and know exactly what you are spending on them
Episode Notes:
01:15 – Nathan’s introduction to today’s Show with Trisha Roy
01:34 – Barn and Willow
02:00 – Founded December 2014
02:14 – How do you make money?
02:30 – Online store
02:50 – Vertically integrated brand
03:30– Who gets the money?
04:00 – 85% product mark up
04:28– What are your costs?
05:04– Funding
05:31 – Cash flow positive
05:58 – Story of the name
06:44– Total transaction volume
07:06 – $20,000- $25,000 revenue per month
08:55 – How to grow transaction volume
09:19 – Customer acquisition channels
10:08 – About $70 to acquire one customer
10:50—Business deals
11:30—One big influencer per month
11:50—Offline deals
13:39 – The Famous Five
Resources Mentioned:
Barn and Willow —Trisha’s new online venture that is making $20-$25k per month.
Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects without hiring full time employees.
Poorly Made In China—By Paul Midler
Famous 5
Favorite Book?— Poorly Made In China by Paul Midler
What CEO do you follow?— Steve Jobs
What is your favorite online tool?— Whats App and Google Keep
Do you get 8 hours of sleep?—Sometimes yes, sometimes no
If you could let your 20 year old self know one thing, what would it be?—Be open to take more risks. Never negotiate with yourself and always ask.
Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop
The Top is FOR YOU if you are:
A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)
STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)
An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)
The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).
Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.
Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop
Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: http://nathanlatka.com/startertribelive
3 Key Points:
Quality, make sure quality is obvious to customers.
Social media is a unparallel marketing tool
Manage marketing resources and know exactly what you are spending on them
Episode Notes:
01:15 – Nathan’s introduction to today’s Show with Trisha Roy
01:34 – Barn and Willow
02:00 – Founded December 2014
02:14 – How do you make money?
02:30 – Online store
02:50 – Vertically integrated brand
03:30– Who gets the money?
04:00 – 85% product mark up
04:28– What are your costs?
05:04– Funding
05:31 – Cash flow positive
05:58 – Story of the name
06:44– Total transaction volume
07:06 – $20,000- $25,000 revenue per month
08:55 – How to grow transaction volume
09:19 – Customer acquisition channels
10:08 – About $70 to acquire one customer
10:50—Business deals
11:30—One big influencer per month
11:50—Offline deals
13:39 – The Famous Five
Resources Mentioned:
Barn and Willow —Trisha’s new online venture that is making $20-$25k per month.
Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects without hiring full time employees.
Poorly Made In China—By Paul Midler
Famous 5
Favorite Book?— Poorly Made In China by Paul Midler
What CEO do you follow?— Steve Jobs
What is your favorite online tool?— Whats App and Google Keep
Do you get 8 hours of sleep?—Sometimes yes, sometimes no
If you could let your 20 year old self know one thing, what would it be?—Be open to take more risks. Never negotiate with yourself and always ask.
Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop
The Top is FOR YOU if you are:
A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)
STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)
An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)
The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).
Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.
Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop
Released:
Jan 20, 2016
Format:
Podcast episode
Titles in the series (100)
EP 90: Quitting Corporate and Going all In With Her Own $50k with Sonya: Nathan Latka brings you top entrepreneurs daily inspired by Tim Ferriss, Pat Flynn, John Dumas, Entrepreneur on Fire, Chalene Johnson, NPR, HBR, the StartUp podcast, Art of Charm, Dave Ramsey, Planet Money, APM Marketplace, Mixergy, Seth Godin, #AskGaryVe by SaaS Interviews with CEOs, Startups, Founders