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My Ideal Second Business
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My Ideal Second Business

Practical Ecommerce·Eric Bandholz·about 1 month ago
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Molson Hart is the founder of Viahart, a D2C toy brand, and Edison, a legal technology company. He says every entrepreneur should own two businesses, where one offers more opportunities to scale, is more profitable, or diversifies risk. I’m all in on Beardbrand, my own D2C brand launched in 2014. Molson is a two-time guest on the podcast. His comment got me thinking about an attractive second company, one that would enhance my life without creating stress and headaches. So in this episode I’ll depart from my typical guest interviews and, instead, describe my ideal business. My entire audio narrative is embedded below. The transcript is edited for length and clarity. My optimal business is an ecommerce brand that sells easy-to-ship products. The items are likely small and, importantly, consumable. Once acquired, a customer would buy two or three times. The products would emphasize both value and prestige, with gross margins that at least cover acquisition ads on Meta.…

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