4.6 • 683 Ratings
🗓️ 31 May 2018
⏱️ 25 minutes
🧾️ Download transcript
Marc Smookler has founded 6 companies 2 of which have been acquired and 3 of which are market leaders in their respective spaces the leading brick-and-mortar retail analytics company (IdealSpot.com), a leading online retailer (SakeSocial.com), and a cutting-edge marketing services platform (Written.com). Marc's companies have generated over $300M in lifetime revenues and sold over 150,000 products worldwide. His current focus, IdealSpot, matches brick-and-mortar businesses to their ideal locations by mapping local demand for their product or service. Marc is also a partner/mentor for Austin tech incubator/fund(s) Capital Factory and Techstars, and invests and serves as a board member/advisor for a number of companies in the B2SMB/B2C spaces.
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0:00.0 | This is the top entrepreneurs podcast where founders share how they started their companies and got |
0:06.9 | filthy rich or crash and burn. Each episode features revenue numbers, customer counts, and other |
0:16.1 | insider information that creates business news headlines. We went from a couple hundred thousand dollars to two point seven million. |
0:23.6 | I had no money when I started the company. |
0:25.6 | It was a hundred and sixty million dollars which is the size of any IPOs. |
0:29.6 | We're a bit strapped. |
0:30.6 | We have like 22,000 customers. |
0:33.6 | With over five million downloads in a very short amount of time, major outlets like Inc are calling us the fastest growing business show on iTunes. |
0:43.6 | I'm your host, Nathan Latka, and here's today's episode. |
0:48.6 | Hello, everyone, my guest today is Mark Smokler. |
0:51.8 | He's founded six companies, two of which have been acquired and three of which are market leaders in their respective spaces, the leading brick and mortar retail analytics company, IdealSpot.com, a leading online retailer, sakesocial.com, and a cutting edge marketing services platform, written.com. Mark's companies have generated over $300 million in lifetime revenues and sold over |
1:12.5 | 150,000 products worldwide. Mark, are you ready to take us to the top? |
1:17.9 | Yep, I hope so. |
1:18.9 | All right, so you're doing so much. The challenge is I have to figure out one of these things to focus on. |
1:23.1 | So let's do it this way. Which one's making the most money top line? Ideal spot, |
1:28.3 | Sake social, or written? Well, it's sake social. Oh, good. Yeah, Japanese Saki online. So we're the largest |
1:36.6 | online retailer Japanese Saki. But no, I mean, ideal spot is the one that's rocking and rolling |
1:41.9 | right now. And that's where I spend most of my time. |
1:45.0 | Okay, let's focus on that. |
1:50.8 | But I'm curious, now that I know it's sake, how much do you sell annually in Japanese sake online? |
1:54.1 | Well, a lot. |
1:55.2 | I mean, on a daily basis. |
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