17 min listen
How To Build an 8 Figure Business Fast with James Marks of WhipLash
How To Build an 8 Figure Business Fast with James Marks of WhipLash
ratings:
Length:
16 minutes
Released:
Jan 23, 2016
Format:
Podcast episode
Description
Ep139 James Marks of WhipLash joins Nathan.
James Marks is the Co-Founder and CEO of Whiplash, a shipping department for e-commerce. He negotiated his first commercial lease when he was 17 and has been building companies ever since.
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!
Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: http://nathanlatka.com/startertribelive
3 Key Points:
Whiplash’s success is attributed to being flexible in order to suit their clients’ needs.
There is a balance between profitability and growth that affects your company’s stability and direction.
For those younger starting out, remember to enjoy the journey because the road is long.
Episode Notes:
01:00 – Nathan’s introduction to today’s show
01:17 – James joins the show
01:20 – Whiplash is order fulfillment for e-commerce
01:59 – Shipping might seem like a simple industry but it’s surprisingly difficult
02:26 – 330K in revenue in October from carrier fees, handling fees and monthly storage fees
03:26 – About 600 dollars per client per month. 157 clients equate to roughly 100K per month
04:19 – Whiplash’s warehouses rely on an organizational app
05:41 – The company is currently hiring for the sales and engineering departments
06:07 – James attributes his company’s success to being flexible to customer needs
07:11 – James is more concerned about who is investing in his company than the amount of money they are investing
08:36 – Whiplash is content with slower growth if it means stability and being on track
09:02 – The company launched in 2010 as a part time endeavor – became full time in 2013
10:42 – How Whiplash’s development affected equity distribution among its three cofounders
12:30 – Follow James on twitter and check out his website below
13:48 – 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?— Small Giants by Bo Burningham
What CEO do you follow?— Richard Branson
What is your favorite online tool?— Voodoo Pad
Do you get 8 hours of sleep?— Yes
If you could let your 20 year old self know one thing, what would it be?— It’s going to be a long road, enjoy the process.
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
Whiplash – James Marks’ company.
dynamidynamics – James’ twitter account
Small Giants by Bo Burningham – One of James’ favorite books
Voodoo Pad – James’ favorite online tool
Richard Branson – CEO James follows.
Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.
Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop
The Top is FOR YOU if you are:
A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)
STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)
An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)
The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).
Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.
Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Na
James Marks is the Co-Founder and CEO of Whiplash, a shipping department for e-commerce. He negotiated his first commercial lease when he was 17 and has been building companies ever since.
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!
Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: http://nathanlatka.com/startertribelive
3 Key Points:
Whiplash’s success is attributed to being flexible in order to suit their clients’ needs.
There is a balance between profitability and growth that affects your company’s stability and direction.
For those younger starting out, remember to enjoy the journey because the road is long.
Episode Notes:
01:00 – Nathan’s introduction to today’s show
01:17 – James joins the show
01:20 – Whiplash is order fulfillment for e-commerce
01:59 – Shipping might seem like a simple industry but it’s surprisingly difficult
02:26 – 330K in revenue in October from carrier fees, handling fees and monthly storage fees
03:26 – About 600 dollars per client per month. 157 clients equate to roughly 100K per month
04:19 – Whiplash’s warehouses rely on an organizational app
05:41 – The company is currently hiring for the sales and engineering departments
06:07 – James attributes his company’s success to being flexible to customer needs
07:11 – James is more concerned about who is investing in his company than the amount of money they are investing
08:36 – Whiplash is content with slower growth if it means stability and being on track
09:02 – The company launched in 2010 as a part time endeavor – became full time in 2013
10:42 – How Whiplash’s development affected equity distribution among its three cofounders
12:30 – Follow James on twitter and check out his website below
13:48 – 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?— Small Giants by Bo Burningham
What CEO do you follow?— Richard Branson
What is your favorite online tool?— Voodoo Pad
Do you get 8 hours of sleep?— Yes
If you could let your 20 year old self know one thing, what would it be?— It’s going to be a long road, enjoy the process.
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
Whiplash – James Marks’ company.
dynamidynamics – James’ twitter account
Small Giants by Bo Burningham – One of James’ favorite books
Voodoo Pad – James’ favorite online tool
Richard Branson – CEO James follows.
Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.
Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop
The Top is FOR YOU if you are:
A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)
STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)
An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)
The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).
Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.
Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Na
Released:
Jan 23, 2016
Format:
Podcast episode
Titles in the series (100)
EP 90: Quitting Corporate and Going all In With Her Own $50k with Sonya: Nathan Latka brings you top entrepreneurs daily inspired by Tim Ferriss, Pat Flynn, John Dumas, Entrepreneur on Fire, Chalene Johnson, NPR, HBR, the StartUp podcast, Art of Charm, Dave Ramsey, Planet Money, APM Marketplace, Mixergy, Seth Godin, #AskGaryVe by SaaS Interviews with CEOs, Startups, Founders