Recorded in May 2022
You're not going to want to miss this conversation with the co-founder of Factory Pure, Mike Ravitsky FactoryPure is an e-commerce store focused on small engine machinery that generated over $30M in revenue in 2021, and is one of the fastest-growing companies in the country. Mike started FactoryPure in 2013 with his brother, beginning with air purifiers and other appliances sourced directly from manufacturers in a hybrid dropship/in-house order fulfillment model.
🚨 *FactoryPure and Mike Ravitsky*
factorypure.com/
/ michael-ravitsky
❓ *HAVE A QUESTION?* Post it in the comments!
**Chapters **
00:00 - Who is Mike Ravitsky and What is FactoryPure
1:22 - Talking about Beer Unpretentiously
2:35 - Model Airplane Arbitrage at 11 Years Old
5:06 - Immigrant Parents and the Entrepreneurial Spirit
7:52 - How to Have a Thriving Business with Your Brother
10:10 - Corporate Life vs Entrepreneurship
13:03 - How Hiring Improved from First Employee to the Tenth
18:01 - Unlocking Employee Performance with Bonuses and Incentives
20:27 - How to Introduce Automation in your Business
23:20 - When to Hire Experts and Consultants
25:06 - Essential Tools for E-Commerce Business
30:03 - Mike and FactoryPure's Next Steps
33:44 - What Happens when you Achieve Financial Freedom
35:16 - Lightning Round! (Mike's hottest takes)
*📲 SOCIALS*
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*🤔 WHO AM I?*
Hey there! I'm a Wharton MBA / Lauder MA alum, former Deloitte consultant, and current director of strategy and implementations at a private equity home services platform sharing my experiences and insights on business and life.
Thanks for watching!
Disclaimers:
This video is NOT sponsored. Some links are affiliate links which means if you buy something I'll receive a tiny commission - think of it as a tip from the company for showing you the product.
4 авг 2024
