Marketing School | Digital Marketing | Online Marketing

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 decision