How to Build and Scale a DTC Brand to a 9-Figure Exit — Kyle Hency | How to Grow a Business With Friends, Why Focusing on Your Strengths Leads to E-commerce Success, Why Inventory Management is Crucial, How AI Revolutionizes Inventory Management (#355)
In this episode of the Ecommerce Coffee Break podcast, Kyle Hency, the founder of Chubbies, shares his journey to achieving a nine-figure exit and his latest project, Good Day Software. He reflects on the challenges he faced while scaling Chubbies, highlighting the critical role of a strong team and the complexities of inventory management during rapid growth. Now, Hency is dedicated to Good Day, an ERP system aimed at simplifying inventory and operations for Shopify brands, especially those generating between $2 million and $100 million in sales. By harnessing AI, Good Day offers valuable insights and automation. Hency also offers advice to aspiring entrepreneurs: focus on your strengths, prioritize unit economics, and build a solid team.