The 3 Roles to Improve Your Business with Sam Lundin, CEO of Vimbly Group - a podcast by Nate Ginsburg, FBA E-Commerce Expert and Strategist
from 2020-05-01T06:00
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Delving into the mind of a buyer as Sam Lundin, CEO of Vimbly Group provides a fresh viewpoint from their perspective in acquiring an e-commerce business.
WHAT YOU’LL LEARN
- What is Vimbly Group and how it got started in purchasing E-Businesses
- Strategies of Growing a Business
- Experience in Acquiring and Running an E-Business
- Metrics for a Successful Exit: Buyer’s Viewpoint
KEY POINTS
- Business owners must not be afraid to involve experts in the running the business. It may be expensive in the short -term but the growth they can bring in would be beneficial to the business in the long-term.
- Delegation is key to growing an existing business.
- There are 3 roles in a business. General management, ideation and execution. Owners would need to focus on ways to improve the business and trust others to run it.
- Processes already in place must also be transferable to the buyer.
- Sellers are encouraged to get to know the buyer so that they would have a feel of whether they would like to work with them or not.
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