David Koifman is Head of Growth at Kickfurther, a business that helps hundreds of brands in different industries all working in a cash-constrained environment to maximize growth and keep up with demand. With a background is fin-tech sales, David’s knowledge base has expanded to supply chain, logistics, and multi-channel distribution. He joins the show today to share his incredible insight on the challenges of growing and scaling businesses.
Listen in as David breaks down not only what it takes to scale a business, but also the basics of earning money through investing in incredible brands. You’ll hear how he got into the startup world, important lessons he has learned throughout his career, and more.
In this episode, we cover topics such as:
- How to scale a retail business.
- The key to a successful partnership.
- How to create more efficiencies in your eCommerce business.
- Advice for getting funding when the bank isn’t working with you.
Please enjoy today’s episode — and visit the resources below to find everything mentioned in the show!
What you will hear:
[7:24] – How to get the funding you need.
[10:15] – Can you grow without getting funding?
[11:05] – Strategies for scaling.
[12:51] – Things to think about before going all in.
[14:07] – What to look for in partnerships.
Ideas Worth Sharing:If you produce more, look at what the costs are. If the cost of financing that inventory falls within a comfortable place within your margins, and you’re going to make more money—then why not? - David Koifman Click To Tweet You don’t want to get to a point where your business is scaling rapidly and you have to scramble to find a third-party fulfillment and logistics center. You want to be ahead of that. - David Koifman Click To Tweet Look for a partner that is going to benefit from your product helping their clients. - David Koifman Click To Tweet
- David Koifman: Website | LinkedIn | Email
- The How I Built This Podcast
- The Draw Shop
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