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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI286: Building an Online Business Empire w/ Jacky Chou

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 15 August 2023

⏱️ 46 minutes

🧾️ Download transcript

Summary

Robert Leonard and Jacky Chou delve into the realm of online business, including how to start an e-comm business, product selection strategies for e-comm companies, the upcoming trends in niche websites, and an array of other captivating subjects. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 07:31 - What the e-comm business model is. 07:54 - How to get your first customers in an e-comm business. 11:51 - What products to look for when starting in e-comm. 28:21 - The best online business models. 35:36 - Whether content sites are dead or not. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Jacky’s Marketing Letter. Jacky’s Hold Co Indexsy. Empire Flipper’s marketplace. Buy Then Build by Walker Deibel. The EXITPreneur’s Playbook by Joe Valley. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Twitter | Website Connect with Jacky: Twitter | Website | LinkedIn Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP. In this week's episode, I chat with Jackie Cho about the world of online

0:06.2

business, including how to start an e-com business, what products to consider for an e-com company,

0:11.4

the future of niche sites, and much, much more. Jackie is a successful entrepreneur, marketer, and

0:17.1

podcaster. He buys, sells, and operates online businesses full-time. I found Jackie on

0:23.2

Twitter and have learned a bunch about online businesses from him there and in his newsletter.

0:28.4

He's also helped me out quite a bit with specific questions that I've had. If you're interested

0:32.8

in online business and marketing, he's a great person to follow. And now, without further delay, let's get

0:38.2

right into this week's episode with Jackie Cho. You're listening to Millennial Investing by the

0:44.3

Investors Podcast Network, where your hosts, Robert Leonard, Patrick Donnelly and Kyle Greve,

0:50.0

interview successful entrepreneurs, business leaders and investors to help educate and inspire

0:56.1

the millennial generation.

1:05.6

Hey, everyone. Welcome back to a millennial investing podcast. I am your host, Robert Leonard,

1:10.5

and with me today, I have Jackie Cho. Jackie, welcome to the show.

1:15.0

Glad to be here. Thanks for having me on. I hope I don't embarrass myself on this.

1:19.6

I know a little bit of your story. We've talked on your pod and we've talked quite a bit off air, but I don't know your whole story. I don't know exactly how you got

1:28.3

started. Have you ever had a normal job? And what was your first foray into online business?

1:34.7

I guess we could start from the beginning. I did electrical engineering in university,

1:39.1

got my degree there. But in between, I hated it so much. I was actually just rummaging through my

1:46.2

stuff because I'm back home right now and pulled out on midterm, like it was 15 out of 50.

1:53.3

And it was like a 25% midterm out on a third year electrical engineering course. And I remember

1:58.1

that actually very clearly because that was the moment I knew I didn't want to do electrical engineering for the rest of my life. And then I think like a week later,

2:04.9

I found a internship in Berlin and then a month later I was in Berlin. So I took a year off,

...

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