Why I Quit My E-Commerce Business | The $100 MBA Show Ep. 2571
You know that feeling when you’re hustling, sales are booming, but your bank account isn’t reflecting the success?
I’ve been there. Join me as I break down the behind-the-scenes reality of my former e-commerce business, Zenhom Design, and the harsh realities that led me to make a tough decision.
I’ll reveal why I ultimately walked away from running that business and the invaluable lessons I learned about profit margins, scalability, and the hidden headaches of e-commerce.
We’re also unpacking the difference between gross and net margins, how operating costs can silently eat away at your revenue, and learn the three questions I ask before starting any venture and why they led me to the liberating world of digital products.
This is your chance to know the advantages of creating and selling digital assets and why they might be your ticket to achieving true entrepreneurial freedom.
Timestamps: 00:00 Welcome to the $100 MBA Show 00:07 The Story Of My First Business, Zenhom Design 00:42 Success Was a Nightmare 02:12 The 1 Reason I Walked Away 06:33 The Lessons That Zenhom Design Taught Me 07:09 Which Products Outshine E-commerce? 10:36 3 Questions for Every Business