195: Austin Ecommerce Investor Reveals His Short-Cut To Scaling

  • Listen on Apple Podcasts
  • Listen on Stitcher
  • Listen on Google Podcasts
  • Listen on Spotify
ecommerce investor
 

Running one company can be a challenge. But what about running 12?

Our guest today is doing just that. Ecommerce investor Shakil Prasla of Pro Click Ventures joins us to talk about how he built his portfolio of ecommerce businesses. He shares what he looks for when acquiring new companies, how to hire CEOs, and what’s possible on the acquisition side of ecommerce.

Enjoy!

Episode Highlights

  • 4:38 Shakil Prasla’s background and how he got started in the ecommerce space.
  • 7:54 From website builder to ecommerce investor.
  • 9:57 How Shakil structured his 12 businesses and how they operate together.
  • 12:47 SEO and content: the importance of these when considering acquisition and future growth.
  • 16:39 Income and age of company: Why these two criteria are essential in evaluating a company to see if it’s worth buying.
  • 18:22 How Shakil is able to productively manage 12 businesses at once and the apps that help him to be more efficient.
  • 22:42 Shakil’s experience with buying companies with a bank loan and how to go about financing a loan.
  • 227:35 How Shakil gives his businesses a competitive advantage: through the lens of an investor.
  • 30:02 What Shakil looks for when hiring managers and CEOs.
  • 33:43 The incentive structure for the CEOs of Shakil’s businesses, and what he does if they quit.
  • 36:54 The other factors Shakil looks for when determining whether a company is a good buy.
  • 41:07 The advice Shakil would have given himself when he was just starting out.
  • 42:26 Shakil’s biggest mistake when buying a business.
  • 43:41 Shakil’s structure for reviewing prospective companies, and how many actually make it to the due diligence process.
  • 46:12 Why Shakil doesn’t believe you need to focus on one thing at a time to be successful.

Links And Resources

Are you ready to hit 7-figures and unlock massive profit in your eComm business in the next 12 months?

If you want to scale up fast, while remaining profitable, we can help. We’ve worked with hundreds of early-stage eComm owners to pour the fuel on their businesses and level up from 6-figures to unstoppable 7-figure success.

This isn’t just getting you set up with the latest FB ads strategy or email marketing. We’ll help you see the big picture on how you can build and scale a profitable company with the right systems in place.

Are you ready to make your first million? Click here and LET’S GO!

Sponsor: Klaviyo

If you’re looking to grow your business, there’s only one way. By building real, quality customer relationships. Most marketing software will claim that they do this, but they’ll never deliver on those promises. Klaviyo, though, is different. Klaviyo helps you build meaningful customer relationships by listening to and understanding cues from your customers, which allows you to easily turn that information into valuable marketing messages that’ll help grow your business and make more money. That’s why over 10,000 innovative brands have switched to Klaviyo.

If you aren’t already a customer, head over to www.ecommerceinfluence.com/klaviyo and you’ll get a free trial + priority on-boarding.

Ecommerce Founder's Growth Pack

Enter your email to get our proven resources that will help you achieve massive growth without the burnout.

Please enter a valid name and email

Featured Posts

zero to launch

238: Zero to Launch: The Scaling Series, Part 1

In the first on our 5-part scaling series, where we talk about each stage of growth and the challenges you'll face as you scale, we're starting off with “zero to launch,” addressing some of the questions you’ll face when you’re going from an idea for a product to actually getting sales.