In episode #1467, we discuss the recent Pier 1 Imports Transaction and what we can all learn from it. Most people thought that Tai Lopez was just a wealthy guy with Lamborghinis, but he is showing the world that he is an entrepreneur to be reckoned with. Tune in to hear about the e-commerce companies he has acquired and how he went about doing it! 

TIME-STAMPED SHOW NOTES:

• [00:25] Today’s topic: The Pier 1 Imports Transaction and What We Can Learn From It. 
• [00:42] Many retailers are going bankrupt during the COVID-19 pandemic. 
• [01:00] What Alex Mehr and Tai Lopez did to buy a bunch of struggling e-commerce companies. 
• [02:06] Why there is little needed to turn these businesses around. 
• [02:27] Many want to build businesses from scratch but it is far easier to grow an existing one. 
• [03:02] E-commerce has remarkably gained momentum through this crisis. 
• [03:30] Tweak your business from retail to online to fit in with the current environment. 
• [03:56] Removing the emotions from big business decisions and staying objective. 
• [04:06] Don’t judge a book by its cover – just look at Tai Lopez! 
• [04:32] That’s it for today!
• [04:34] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information or text us on 310-349-3785!

Links Mentioned in Today’s Episode:

Tai Lopez

Alex Mehr

Zoosk

DressBarn

Pier 1 Imports 

Shopify

The Franklin Mint

Leave Some Feedback:

• What should we talk about next? Please let us know in the comments below

• Did you enjoy this episode? If so, please leave a short review.

Connect with Us: 

• Neilpatel.com
• Quick Sprout 
• Growth Everywhere
• Single Grain
• Twitter @neilpatel 
• Twitter @ericosiu

Learn more about your ad choices. Visit megaphone.fm/adchoices