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The Foundr Podcast with Nathan Chan

302: Serial Ecommerce Entrepreneur Rory Boyle On How He Survived (And Thrived) During The Pandemic

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 11 May 2020

⏱️ 54 minutes

🧾️ Download transcript

Summary

All three of Rory Boyle’s ecommerce businesses were negatively impacted by Covid-19. But thanks to his strategic—and insanely fast—pivot, two of his companies are now making double the revenue they were before and one (which historically made most of its money through conferences) is still pulling in around 50% of what it used to make. How did Boyle recover so quickly from the pandemic? In this interview, we were lucky enough to get a detailed analysis around his thought process and strategic decisions. Boyle takes us through how he shifted his sales and marketing tactics (which still includes getting on the phone) and explains how he’s using this time as an opportunity to give back to his community and customers. He also shares tons of tips around scaling sales efforts, the art of cadence emails, and other tactics you can use to grow your revenue. If there’s any other type of content you’d like to see that would be valuable to you during this time, please don’t hesitate to reach out at [email protected] to let us know. If you need want some training on ecommerce, check out our Free Masterclasses: Learn How You Can Start a Profitable Online Store (In 12 Weeks or Less)Discover the “5 Core Drivers” Behind Today’s Fastest-Growing 7-Figure Stores Key Takeaways The origin stories of Hampers With Bite, Promotions Warehouse, and Snacks With Bite What Boyle means when he says to “control the controllables” How COVID-19 impacted all 3 of Boyle’s businesses—and how he pivoted all of them at breakneck speed The approach Boyle is taking to sales and marketing during the pandemic (and why his team is still hopping on the phone to talk to customers) Why Boyle believes every ecommerce entrepreneur needs to be thinking about the next step instead of focusing on current performance How Boyle is giving back to his community and customers How he’s planning around stocking challenges, especially for the upcoming holidays A super deep dive into Boyle’s best sales tactics and strategies Why Boyle would encourage entrepreneurs to launch their business in today’s climate

Transcript

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0:00.0

This is episode number 302 with Rory Boyle of the Founder Podcast.

0:07.6

What you need is thirst.

0:09.4

You need to be a thirsty human.

0:11.5

Who is intent on learning.

0:13.4

It's a really fascinating exploration of human potential.

0:17.0

Now.

0:19.7

The Founder Podcast.

0:22.3

Even the greatest entrepreneurs had help.

0:25.2

If you want to learn from the most successful founders on the planet, you are in the

0:29.5

right place.

0:30.9

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Arianna Humphington, Steve Case, Gary V,

0:35.4

Sophia Amoroso, Barbara Corcoran, Damon John.

0:38.0

Learn from the greatest minds in business today with interviews hosted by Nathan Chan.

0:42.5

This is not your average entrepreneur podcast.

0:46.4

The Founder Podcast.

0:53.3

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let you know that our goal at founder is to help entrepreneurs succeed however we can by giving away high quality content in the form of interviews, blog posts, podcasts, YouTube videos, you name it.

1:11.9

We put out so much content to help you.

1:14.3

And another interesting project that we're working on right now is partnering with

1:18.3

world-class founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to

1:24.4

teach crucial skills like negotiation, finance, e-commerce, and so much more.

1:31.4

So if you'd like to get access to these free trainings with founders like this, which is 100% free,

1:38.4

just go to founder.com forward slash free.

...

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