Pier 1 Import Transaction - What We Can learn From It | Ep. #1467

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
 
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