She's Sold 20m Stickers and Will Do $100m By 2018 with Andrea Lake Ep 214

Published: March 31, 2016, 4:16 p.m.

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Andrea Lake - As owner of six successful businesses, Andrea has a unique insight into what it takes to not only start a business, but turn it into a winner. Listen as she shares her trade secrets for aspiring entrepreneurs.

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Famous 5
Favorite Book? \\u2013 Do Cool Shit
What CEO do you follow?\\u2014 Jeff Walker
What is your favorite online tool?\\u2014 15-5
Do you get 8 hours of sleep?\\u2014 Yes
If you could let your 20 year old self know one thing, what would it be?\\u2014Worrying is unnecessary, it\\u2019s a waste of time.

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Time Stamped Show Notes:
01:12 \\u2013 Nathan\\u2019s introduction
01:32 \\u2013 Welcoming Andrea to the show
01:57 \\u2013 StickerJunkie started before YogaJunkie
02:25 \\u2013 Build and hold kinda girl
02:40 \\u2013 Currently owns 6 companies
03:17 \\u2013 Lessons.Biz and StickerJunkie are the most profitable businesses
05:12 \\u2013 All sticker companies do well and have solid recurring revenue
05:48 \\u2013 Andrea would exit StickerJunkie for a number just north of $5M
09:11 \\u2013 Licensing versus Sales
11:00 \\u2013 Talking Lessons.biz
12:55 \\u2013 Have 2400 email addresses on list via BF ads\\u2014spent $.50 a name
13:25 \\u2013 Course pricing models
14:30 \\u2013 Build a T-shirt Empire\\u2014NOT on Amazon yet, but it will be
16:35 \\u2013 The 1st day you launch your website is the worst day of its life
17:23 \\u2013 Measuring success for Lessons.Biz
17:47 \\u2013 www.AndreaLake.com

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3 Key Points:
Don\\u2019t obsess over online metrics.
Keep your fingers in lots of different pots.
You don\\u2019t have to sell a business to WIN\\u2014you can keep and hold.

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Resources Mentioned:
Edgar \\u2013 Nathan uses Edgar instead of other scheduling tools\\xa0for Twitter because Edgar cycles through content over and over (buffer/others you have to re-input content over and over \\u2013 time consuming). In the last several months, Edgar has driven Nathan over 3728 clicks that he didn\\u2019t have to work or pay for.
Host Gator - Powerful web hosting made easy and affordable.
YogaJunkie \\u2013 One of Andrea\\u2019s companies
StickerJunkie \\u2013 The heart and soul of Andrea\\u2019s success
Lessons.Biz \\u2013 Andrea\\u2019s next big venture

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The Top is FOR YOU if you are:

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

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

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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)

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

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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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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

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