Bunch Bikes founder, Aaron Powell, was a former band teacher. Learn how he became an entrepreneur and started an e-bike company that does over $2 million dollars each year and ended up on Shark Tank getting a deal with two sharks! In this interview, we go in-depth and ask Aaron questions about how he started, what challenges he faced and how he defines success. Watch to the end to learn how this former teacher is crushing it in the world of e-bikes, ecommerce and entrepreneurship. Visit Bunch Bikes at https://bunchbike.com/
0:00 Intro
0:22 The idea for Bunch Bikes
1:00 From teacher to entrepreneur
2:09 Initial startup costs
3:12 What's a Bunch Bike?
4:05 Startup challenges
5:21 Advice working with suppliers
6:28 How Bunch Bikes ship to customers
7:18 How Covid affected business
9:00 Revenue and profits
9:37 Website platform and design
11:11 Employees and HR budget
12:19 How customers find Bunch Bikes
14:20 Customer service
16:48 Inventory management
18:03 How Bunch Bikes got on Shark Tank
19:05 Shark Tank Deal
19:33 Struggles as an entrepreneur
20:45 Best tip for budding entrepreneurs
21:35 How do you define success
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😁 ABOUT ME:
Hi, my name is Spencer. I co-founded Solo Stove. A DTC e-commerce brand that we started as a side hustle in a garage with 15K. We sold Solo Stove to private equity a couple times. After acquiring a few brands in 2021, Solo Brands grew out of Solo Stove, raised $219M through an IPO (NYSE: DTC) and reached a valuation over $2 BILLION dollars! Now I share what I learned on this channel.
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#bunchbikes #ebikes #ecommerce #entrepreneur
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