simplifying entrepreneurship

“From college textbook sales to a multi-million dollar exit, the journey of an entrepreneur is never a straight line." - Dive into the story of Nathan Hirsch, a serial entrepreneur who built a scalable business model that led to a successful exit.

In this episode of the Post-Purchase Pro Podcast, we had the pleasure of welcoming Nathan Hirsch, a seasoned entrepreneur with a wealth of experience in e-commerce and beyond. Nathan shared his journey from being one of the first 1,000 Amazon sellers to building and selling a $12 million business, FreeUp, and his subsequent ventures.

After selling FreeUp, Nathan and his business partner, Connor Gillivan, took a strategic approach to their new ventures. They focused on creating B2B businesses that address core needs for any company, such as bookkeeping, SEO, and hiring processes. Nathan highlighted the importance of understanding your numbers, having a solid monthly bookkeeping process, and building a strong initial team to set your business up for long-term success and potential sale.

Main Talking Points:

• Nathan's early days as an Amazon seller and the transition to dropshipping baby products.
• The inception and growth of FreeUp, and the strategic decision to sell the business.
• The importance of understanding your financials and having a solid bookkeeping process.
• Building a strong initial team and setting up your business for scalability and a potential sale.
• The benefits of hiring virtual assistants, particularly from the Philippines, and the C.A.R.E. and S.I.C.C. hiring frameworks.
• Utilizing personal branding and organic marketing to drive business growth.
• Nathan's personal commitment to giving back through fostering teens.

Resources Mentioned:

• Outsource School's Exit Blueprint
• Ecom Balance's Monthly Finance Agenda
• Trio SEO's SOPs
• FreeUp

Connect with Nathan Hirsch on social media:

• Facebook: Nathan Hirsch
• Instagram: nathanhirsch99
• Linkedin: Nathan Hirsch
• Twitter: NathanHirsch99
• TikTok: nathanhirsch99
• Youtube: Nathan Hirsch's YouTube Channel
• Explore Nathan's portfolio of companies: EcomBalance, AccountsBalance, Outsource School, and TrioSEO.
• Free Bonus for Listeners:
  • Outsource School: 30% off Outsource School
  • EcomBalance: 2 Free Months of Bookkeeping
  • AccountsBalance: 2 Free Months of Bookkeeping
  • TrioSEO: 3 free articles

Ready to simplify your entrepreneurial journey? Connect with Nathan Hirsch on social media and explore his portfolio of companies. Take advantage of the free bonuses for listeners and kickstart your entrepreneurial success!

For more Amazon Seller tips, subscribe to Post Purchase PRO Podcast on Apple Podcasts or wherever you listen to podcasts.

The episode is jam-packed full of tips and good content for entrepreneurs and their businesses. Pete Mohr is an experienced entrepreneur, coach, and business expert. With Simplifying Entrepreneurship, he helps business owners understand the process and systems needed in their business to turn their frustrations into freedom and stop letting their business own them.

Pete is in the process of writing a book on the “5 Ps”, a premise on which he guides all his entrepreneurs as they create needed systems and processes. 

• Promise
• Product 
• Process
• People
• Profit

The promise is based on how you can best help your client's biggest problem. Followed by an alignment of product, process, and people. Finally, the outcome is profit and by following the previous Ps, this is where freedom is enjoyed.

We discuss some tips based on something I struggle with, and I am sure many other business owners do as well. Working on the business versus working in the business and how you’re spending time. For me, there are so many things I love about working that when I do get those systems in place and I am having that “freedom”, I can feel a little lost. Pete talks about his “Love it or Leave it” thinking game for entrepreneurs, where they really sort out the parts of the business they love doing and want more time to do and the parts they don’t like and can delegate to gain and actually enjoy the freedom.

It’s this system that gives Pete his name for “Zone of Genius” as his “Love It Zone”. Pete’s “Love It Zone” is talking business with other entrepreneurs. If it’s sharing ideas, discovering processes, and figuring out systems, Pete wants to talk about it. Speaking of talking, Pete shares his favorite business tool. Loom. Loom is set up to record and link videos into the email. Pete doesn’t like typing out long, drawn-out, over-detailed messages where the tone gets lost in translation. With Loom, he can talk it out with the recipient, share his screen, and really get his intended tone across.

I loved this conversation with Pete because we are a lot alike, we love to talk about all things business. You can find out more about him by checking out his websites and be sure to listen to my appearance on Pete’s podcast, Simplifying Entrepreneurship.

What’s Inside:

• What are the 5 P’s and how can they bring clarity to your business?
• Why you need to create systems and processes for your businesses
• How can entrepreneurs turn their frustrations into freedoms?
• Pete’s tool for the perfect email.

Mentioned In This Episode:

Simplifying Entrepreneurship
Shoetopia
Loom
My Business Report — Assessment
Crystal and Pete’s Simplifying Entrepreneurship podcast episode

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#0082 Top 3 Key Takeaways:

1.  What does it mean to work ON your business instead of IN your business?
2. “OAO Everything” - Optimize, Automate, Outsource
3. Using the 5P Framework to turn your frustrations into freedom

It can become very easy to fall into a trap of sinking every hour of your time into your business. It would seem logical that this is how you grow a business.

In actuality, this is hurting you.

Today's guest, Peter Mohr discusses why we need to be spending less time IN (managing) our business, so we can start spending more time ON (leading) our business.

Peter clearly outlines the same process he uses when working with clients to help them become better leaders and propel their businesses.

Are you ready to start your own podcast? Book a Call with Nick to find out how we can develop a plan to your new show launched in just 4-weeks!

To get the links and resources discussed in this episode, head over to the Episode 82 Show Notes.

If you enjoyed the episode, be sure to leave a review of the Nine-Five Podcast on Apple Podcasts.