Episode 91
Adam Feinberg is the Chief Executive Officer of Web Deals Direct LLC (WDD), an Amazon FBA business that is home to more than 30 brands. Adam recently sold his business to Perch, a technology-driven commerce company that acquires and operates top Amazon third-party and other D2C brands at scale, resulting in an impressive nine-figure earn-out.
Listen to Adam and scale from $0 to $80 million too!
[00:01 - 05:03] Opening Segment
- Let’s get to know Adam Feinberg
- Adam talks about his path to being an Amazon FBA Seller
[05:04 - 12:25] Willingness to Take Risks and Chances
- Adam wanted to be an entrepreneur but he was petrified then
- What changed his mind?
- Here’s Adam’s piece of advice for his younger self
- A key to success that Kevin had adopted from his SEO experience
[12:26 - 22:42] How to Scale Quickly
- From 0$ to $80 million in 6 years
- How Adam pulled it off
- The power of niching down and choosing your market
- Adam talks about the most import lessons he learned from his business
[22:43 - 34:57] Selling Your Business
- Should you have a software team for your ecommerce business?
- Adam weighs in
- Adam shares some interesting insights about selling your business
- Want some Amazon refunds? Check out Getida
- Promo code: FTM400
- Why hire people who are more experienced than you
[34:58 - 45:28] Your “Why” in Being an Entrepreneur
- What Adam liked about their arrangement with Perch
- Here’s what you can learn from successful entrepreneurs according to Adam
- Listen to Adam’s next steps for his new business ventures
[45:29 - 54:20] Closing Segment
- Know more about Adam in the Fire Round!
- Connect with Adam. Links below
- Final words
Tweetable Quotes:
“If you wanna be an entrepreneur, you have to keep your expenses reasonable and you have to be willing to take risks and if you don’t take risks and take chances, you’re just not gonna succeed.” - Adam Feinberg
“If you wanna be in charge of your own destiny, you really have to earn a business.” - Adam Feinberg
Resources mentioned
Email adamfeinberg@yahoo.com or adamfeinberg73@gmail.com to connect with Adam or follow him on LinkedIn. Check out Web Deals Direct to work with an Amazon FBA business that always innovates their product, looks for opportunities to expand, and satisfies their customers!
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