The Bean Ninjas Podcast

Bean Ninjas
The Bean Ninjas Podcast

The Bean Ninjas Podcast takes listeners behind the scenes and deep inside the company. Discover insights on how they're growing a global bookkeeping, accounting, virtual CFO, and tax service for 7 and 8-figure eCommerce businesses looking to scale. The podcast will help founders of eCommerce businesses to grow their businesses and find freedom.

  1. 117. Scaling Vetchy: Innovative Tactics for 7-Figure DTC Customer Engagement and Growth ft. Shaaz Ahmed

    14/06/2023

    117. Scaling Vetchy: Innovative Tactics for 7-Figure DTC Customer Engagement and Growth ft. Shaaz Ahmed

    How does a 7-figure DTC swimwear brand like Vetchy engage customers and achieve exceptional growth? Join us in this episode as we sit down with Shaaz Ahmed, the mastermind behind Vetchy, to uncover his unconventional strategies to scale his brand and create a buzz in the fashion industry.  From his unique career transition to the secrets of customer engagement, get ready to dive deep into the world of Vetchy and gain valuable insights for your own eCommerce journey.   [0:00] Meet Shaaz Ahmed: Ecom Insights [2:40] Shaaz's Journey with Bean Ninjas and the Impact [3:25] From Fashion to Ecommerce: Shaaz's Unconventional Path [5:20] Lessons for Successful Launch [9:47] Unconventional Strategies for Growth [15:52] Harnessing Influence: The Dynamic Duo of Influencers and Customer Advocates [21:02] Starting Your Influencer Program [24:17] Importance of Word-of-Mouth Marketing [28:42] Time Management Tips from Shaaz   With 18 years of experience in the fashion industry, Shaaz has built a strong background in designing and manufacturing swim and activewear for well-known mass-market retailers such as H&M and Target. In 2020, Shaaz decided to venture into entrepreneurship, launching his own brand alongside his wife, who handles design and the creative aspects. Drawing from their extensive knowledge and insights gained from working closely with various retailers, they launched Vetchy with an aim to offer styles, fits, and colors that resonate with their target audience.   This podcast episode is brought to you by sponsor A2X: automated e-commerce accounting.   References and links mentioned Vetchy: https://vetchy.com/ Download our free Xero or Quickbooks e-commerce toolkit: https://beanninjas.com/toolkits     Interesting quotes and takeaways  from the episode   "We measured the customer return rate, and we found that over time up to 30% of our customers return and make a second purchase within a 60-day period from their initial purchase. This allows us to understand the value of acquiring a new customer, and by knowing this number, we can calculate the cost of acquiring a new customer and using the necessary resources and marketing to attract and retain the customer”    “Another important aspect of our growth strategy is the power of influencers and customers as influencers. We actively encourage and engage our customers to share photos of themselves wearing our swimwear. We call it Vetchy Sunday, so if you tune in to our Instagram Sunday Morning, you’ll see a lot of our customers who are now our influencers.”

    34 min
  2. 116. Exiting Strong: Tips to Preparing Bulletproof Business Financials for a Successful Exit ft. Mark Botha

    17/05/2023

    116. Exiting Strong: Tips to Preparing Bulletproof Business Financials for a Successful Exit ft. Mark Botha

    Wayne Richard interviews guest Mark Botha, a successful seven-figure Amazon store owner and entrepreneur. They discuss the importance of proper financial preparation for a successful business exit, Mark's journey as an entrepreneur, and his latest venture into software and services.  Along the way, they share valuable insights and tips for listeners looking to scale their e-commerce businesses. [02:26] Experience with previous accounting providers and why he chose Bean Ninjas [03:39] Mark on taking chances - how he transitioned from chiropractic to e-commerce [7:18] Three considerations before jumping from e-commerce into software [12:24] Mark’s tip and tools for a successful business exit - importance of building bulletproof financials [15:59] Building Seller view - the importance of having a cost per unit that represents the true number [22:15] Lessons on product or marketplace expenses [25:36] Tips on where to look for hidden margins As a seasoned entrepreneur with over a decade of experience in the e-commerce industry, Mark Botha has a proven track record of building successful businesses and developing innovative solutions. He began his career as a chiropractor but quickly found his passion in e-commerce and digital nomad living. In 2013, Mark made a bold move by launching his first Amazon business with the goal of living on an island paradise. Despite facing unforeseen costs and fees, he was relentless in his pursuit of profitability, diving into spreadsheets and tracking every metric imaginable to make his ecommerce brands successful and profitable. After selling multiple e-commerce brands, Mark co-founded SellerVue, a comprehensive cost-tracking solution designed to empower e-commerce entrepreneurs to accurately track costs and maximize profits.   This podcast episode is brought to you by sponsor A2X: automated e-commerce accounting.   Top 3 takeaways: Proper financial preparation is crucial for a successful exit of a business. Quick and efficient communication with accounting providers is essential in avoiding tedious back-and-forth questioning. Taking a chance on a new business venture can lead to great success, even if it involves stepping out of one's comfort zone.   References and links mentioned Sellervue -  https://www.sellervue.com/ Download our free Xero or Quickbooks e-commerce toolkit: https://beanninjas.com/toolkits

    32 min
  3. 115. Launching 4 brands in 6 years - Lessons from a 7-figure Entrepreneur ft. Phil Van Treuen

    11/05/2023

    115. Launching 4 brands in 6 years - Lessons from a 7-figure Entrepreneur ft. Phil Van Treuen

    Have you ever wondered what it takes to launch multiple successful brands in just a few years? In this episode, host Wayne Richard sits down with 7-figure entrepreneur (and Bean Ninjas client) Phil Van Treuen to discuss the secrets behind his incredible success. Phil shares his experiences launching 4 brands in just 6 years, and the lessons he's learned along the way. From developing a winning brand strategy to building a strong team, Phil's insights will leave you inspired and ready to take your own business to the next level. Tune in now to learn from one of the best in the game! [02:31] Phil's experience with Bean Ninjas' monthly financials [04:05] From the National Guard to Digital Marketing: Phil's journey [05:46] Content that solves problems: The biggest takeaway from Digital Marketing [08:42] AI in business: How Phil uses it for content creation [10:10] Key moments on Phil's entrepreneurial journey [12:50] Launching 4 brands in 6 years: 2 lessons learned [16:35] Spending money on Facebook ads: Phil's process [18:12] Evaluating financial viability for new offerings: 4 insights [23:30]  Applying Stoicism to your life: What it is and where to look [30:19]  Phil's productivity hacks and time management techniques [31:31] Resource that helped Phil on his entrepreneurial journey [33:09] Defining freedom: What it means to Phil Phil Van Treuen is an author, entrepreneur and perpetual work in progress. Founder & CEO at CHOMP; Publisher at Stoic Simple. This podcast episode is brought to you by sponsor A2X: automated e-commerce accounting. Resources mentioned: Stoic Simple: https://www.stoicsimple.com SpaDog: https://www.spadogbox.com Download our free Xero or Quickbooks e-commerce toolkit: https://beanninjas.com/toolkits

    36 min
4.9
out of 5
34 Ratings

About

The Bean Ninjas Podcast takes listeners behind the scenes and deep inside the company. Discover insights on how they're growing a global bookkeeping, accounting, virtual CFO, and tax service for 7 and 8-figure eCommerce businesses looking to scale. The podcast will help founders of eCommerce businesses to grow their businesses and find freedom.

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