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How Students Can Sell First $6k with Elijah Montecelli of Montecelli Band & Satchel

How Students Can Sell First $6k with Elijah Montecelli of Montecelli Band & Satchel

FromSaaS Interviews with CEOs, Startups, Founders


How Students Can Sell First $6k with Elijah Montecelli of Montecelli Band & Satchel

FromSaaS Interviews with CEOs, Startups, Founders

ratings:
Length:
18 minutes
Released:
Jan 25, 2016
Format:
Podcast episode

Description

Episode 145 Elijah Montecelli was in debt before he started his business selling hand-tailored Apple watch bands. Nowadays he spends his time honing his craft and developing new products for his company, Montecelli Band & Satchel.
YOUR $100: Remember to subscribe to the show on itunes then text the word "nathan" to 33444 to confirm that you've done it to enter to win $100 every Monday on the show. Do this now. Stop reading this and do it!
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3 Key Points:

There are a variety of online stores that a vender can utilize such as Ebay, Etsy, and Shopify.
There are two approaches to building a creative product business from the ground up – offering a constant product for a while or making tiers of a variety of products early on.
Getting started earlier is better – don’t wait.

Episode Notes: 

01:00 – Nathan’s introduction to today’s show
01:26 – Elijah joins the show
02:04 – Elijah sells hand-tailored cuff bands for Apple watches.
02:52 – They’re sold on Montecelli.us
03:47 – At the beginning of August the bands were sold.
05:08 – Elijah sold his first product with Shopify, an online store builder – you can have it up two weeks for free.
06:40 – Elijah chose several different outlets like Ebay and Etsy to see which would bring in the most customers.
07:50 – 70% of Montecelli sales are on Etsy alone – also customers can request specific things through the website.
08:29 – Elijah is currently interested in expanding and creating more types of products.
08:43 – Also he wants his store to have different tiers of products for affordability
09:51 – Elijah’s become so used to making the same thing over and over that he wants to go back into the developmental cycle for a new product.
11:00 – Nathan believes as more jobs become automated that the creative job market will stay resilient because creativity and empathy can’t be emulated by machines.
11:27 – Nathan talks about Ben Uyeda from The Top episode 10, another creative type.
12:02 – Elijah is content making 20-30 sales a month as long as he’s able to develop new products.
14:04 – Five years from now, Elijah hopes that his store will become a more rounded out store.
14:30 – Nathan is a believer in first letting one or two products flourish before branching out.
16:01 – Famous Five

Related: Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.
Famous 5

Favorite Book?— The Luck Factor by Bryan Tracy
What CEO do you follow?— Gary Vaynerchuk
What is your favorite online tool?— Facebook Ads/Pixel
Do you get 8 hours of sleep?— It depends.
If you could let your 20 year old self know one thing, what would it be?— Elijah wishes he’d gotten started sooner selling his bands.

Resources Mentioned:

Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects
Facebook – Montecelli Band & Satchel Co.’s Facebook
Instagram – Montecelli’s Instagram
Etsy – Elijah’s hand-tailored bands
The Luck Factor by Bryan Tracy – book that Elijah stands by
Gary Vaynerchuk – CEO that Elijah follows
Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.



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Released:
Jan 25, 2016
Format:
Podcast episode

Titles in the series (100)

Over 10M founders, CEO's, and investors have downloaded this 15 minute daily podcast from Nathan Latka. Each day Latka interviews a software (SaaS) CEO and gets them to share how they've grown (or not) so fast all backed by hard data points. To date, over 1000 CEO's have been interviewed that together do over $6b in revenue, have raised over $5b, and employ more than 180,000 employees. The magazine for CEO's: http://nathanlatka.com/magazine The Book for CEO's: http://nathanlatka.com/bookamazon