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Ep 123 Trisha Roy of Barn and Willow is a product manager turned entrepreneur. She is a design enthusiast and believes technology will continue solving problems! Traveled across almost all continents (except for Antarctica).

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3 Key Points:

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1. Quality, make sure quality is obvious to customers.
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2. Social media is a unparallel marketing tool
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3. Manage marketing resources and\\xa0 know exactly what you are spending on them
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Episode Notes:\\xa0

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• 01:15\\xa0 \\u2013 Nathan\\u2019s introduction to today\\u2019s Show with Trisha Roy
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• 01:34 \\u2013 Barn and Willow
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• 02:00 \\u2013 Founded December 2014
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• 02:14 \\u2013 How do you make money?
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• 02:30 \\u2013 Online store
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• 02:50 \\u2013 Vertically integrated brand
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• 03:30\\u2013 Who gets the money?
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• 04:00 \\u2013 85% product mark up
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• 04:28\\u2013 What are your costs?
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• 05:04\\u2013 Funding
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• 05:31 \\u2013 Cash flow positive
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• 05:58 \\u2013 Story of the name
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• 06:44\\u2013 Total transaction volume
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• 07:06 \\u2013 $20,000- $25,000 revenue per month
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• 08:55 \\u2013 How to grow transaction volume
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• 09:19 \\u2013 Customer acquisition channels
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• 10:08 \\u2013 About $70 to acquire one customer
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• 10:50\\u2014Business deals
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• 11:30\\u2014One big influencer per month
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• 11:50\\u2014Offline deals
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• 13:39 \\u2013 The Famous Five
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Resources Mentioned:

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• Barn and Willow \\u2014Trisha\\u2019s new online venture that is making $20-$25k per month.
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• Growth Geeks \\u2013 The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects without hiring full time employees.
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• Poorly Made In China\\u2014By Paul Midler
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Famous 5

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• Favorite Book?\\u2014 Poorly Made In China by Paul Midler
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• What CEO do you follow?\\u2014 Steve Jobs
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• What is your favorite online tool?\\u2014 Whats App and Google Keep
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• Do you get 8 hours of sleep?\\u2014Sometimes yes, sometimes no
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• If you could let your 20 year old self know one thing, what would it be?\\u2014Be open to take more risks. Never negotiate with yourself and always ask.
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Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop

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)

STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)

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.

Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that\'s like an audio version of Pat Flynn\'s monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop