Secret Art of Getting Your Product Into Walmart with Vincent van de Poll of GROM

Ep 136 Vincent van de Poll of GROM joins Nathan.

 

Vincent van de Poll, co-founder of GROM: Make Things Personal @500 Startups Batch 13,  an entrepreneur with 12 years’ experience in retail & E­Commerce, and 3D Printing. Vincent van de Poll has lived and worked in 4 continents. Specialties: Getting­shit­done, Deal Closer, Growth Hacker, Sales, Marketing, Business Development, putting a smile on your face.

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3 Key Points:

1. Don’t be afraid to split equity 50/50, but know that it doesn’t come without consequences.
2. Growing revenue by more than 20X isn’t impossible, but it takes WORK.
3. Fail fast and often.

Episode Notes: 

• 01:00 – Nathan’s introduction to today’s show
• 01:29 – Vincent joins the show
• 02:00 – Grom did $20K in topline revenue during October 2015
• 03:40 – Search for “’Minion’ or ‘Inside Out’ phone case” onWalMart.com to see some of GROM’s products
• 04:55 – What GROM does that’s different from other 3D printing companies
• 06:15 – GROM’s revenue percentages ranges per deal
• 07:15 – Net margins typically range between 40-60%
• 07:39 – Founded in 2012
• 08:28 – Splitting equity
• 09:00 – GROM consists of 7 team members at the moment
• 09:15 – Have raised $180K thus far
• 10:38 – Total revenue in 2015 is $85K
• 10:48 – Going from $85K in 2015 to $2.2 million in 2016
• 13:00 – The Famous Five

Related: Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.

Famous 5

• Favorite Book?— The Four Hour Work Week
• What CEO do you follow?— No
• What is your favorite online tool?— Asana
• Do you get 8 hours of sleep?— No
• If you could let your 20 year old self know one thing, what would it be?— Fail often, fail fast. Don’t be afraid to fail.

Resources Mentioned:

• Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects
• @MrVandePoll – Vincent’s Twitter
• The Four Hour Work Week – Vincent’s favorite book
• Asana – Vincent’s favorite software tool
• Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.

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The Top is FOR YOU if you are:

A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)

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An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)

The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).

Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.

 

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