Secret Art of Getting Your Product Into Walmart with Vincent van de Poll of GROM
SaaS Interviews with CEOs, Startups, Founders
Shownotes Transcript
Ep 136 Vincent van de Poll of GROM joins Nathan.
Vincent van de Poll, co-founder of GROM: Make Things Personal @500 Startups Batch 13, an entrepreneur with 12 years’ experience in retail & ECommerce, and 3D Printing. Vincent van de Poll has lived and worked in 4 continents. Specialties: Gettingshitdone, Deal Closer, Growth Hacker, Sales, Marketing, Business Development, putting a smile on your face.
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3 Key Points:
Don’t be afraid to split equity 50/50, but know that it doesn’t come without consequences.
Growing revenue by more than 20X isn’t impossible, but it takes WORK.
Fail fast and often.
Episode Notes:
01:00 – Nathan’s introduction to today’s show
01:29 – Vincent joins the show
02:00 – Grom did $20K in topline revenue during October 2015
03:40 – Search for “’Minion’ or ‘Inside Out’ phone case” onWalMart.com) to see some of GROM’s products
04:55 – What GROM does that’s different from other 3D printing companies
06:15 – GROM’s revenue percentages ranges per deal
07:15 – Net margins typically range between 40-60%
07:39 – Founded in 2012
08:28 – Splitting equity
09:00 – GROM consists of 7 team members at the moment
09:15 – Have raised $180K thus far
10:38 – Total revenue in 2015 is $85K
10:48 – Going from $85K in 2015 to $2.2 million in 2016
13:00 – The Famous Five
Famous 5
Favorite Book?— The Four Hour Work Week)
What CEO do you follow?— No
What is your favorite online tool?— Asana)
Do you get 8 hours of sleep?— No
If you could let your 20 year old self know one thing, what would it be?— Fail often, fail fast. Don’t be afraid to fail.
Resources Mentioned:
Growth Geeks) – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects
@MrVandePoll) – Vincent’s Twitter
The Four Hour Work Week) – Vincent’s favorite book
Asana) – Vincent’s favorite software tool
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