Recent Interview With Terry Lin @ Build My Online Store
I recently had a great interview with Terry Lin at Build My Online Store. It is now live! Feel free to stop by and take a listen at your leisure. You can find the interview here...
http://www.buildmyonlinestore.com/podcast/episode-62-advice-from-a-20-year-e-commerce-veteran-with-joe-palko-at-3d-cart/
Here are some of the topics discussed...
04:00 – What was Joe’s first e-commerce business in 1994?
08:00 – Landscape of E-Commerce in the 2000s
11:30 – Fundamental truths of success in E-Commerce
13:00 – Selling a $12M business that was gradually losing profitability
15:30 – The power of a written letter
17:30 – Finding the right fit when looking for a buyer
21:00 – Calculating the true valuation for your business
25:00 – Will cataloging make a comeback in marketing?
28:00 – Why the worst-case situation is just all in your head
30:00 – Selling the second business to a publicly listed company
34:30 – Commonalities among successful store owners at 3D Cart
36:00 – Commonalities among store owners that fail
38:00 – Drop-shipping vs manufacturing
41:30