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)

Enjoying the Ecommerce Coffee Break Podcast? Here are a few ways to grow your business: https://ecommercecoffeebreak.com/level-up/  --- In this episode, we explore how Chubbies grew to nine figures in revenue before being acquired. Kyle Hency, co-founder of Chubbies and now CEO of gooddaysoftware.com, shares his entrepreneurial journey from investment analyst to successful brand builder. Kyle discusses the challenges of scaling a DTC brand, the importance of inventory management, and how this experience led him to create Good Day Software, an alternative ERP solution designed specifically for growing Shopify merchants.  Topics discussed in this episode:  Why inventory management can make or break your e-commerce businessWhat happens when spreadsheets break: the moment entrepreneurs need to upgrade their business systems How to build a successful business with friends & maintaining relationships while growing a company Why unit economics matter more than growth: an approach to building a sustainable e-commerce brand How AI will transform inventory and operational management for online sellers Why focusing on your core competency is the key to e-commerce successHow to prepare your e-commerce brand for holiday sales  Links & Resources GoodDay Software: https://www.gooddaysoftware.com/ Chubbies: https://www.chubbiesshorts.com/ Loop Returns: https://www.loopreturns.com/ X/Twitter: https://x.com/khency6 LinkedIn: https://www.linkedin.com/in/khency/ Get access to more free resources by visiting the show notes at https://tinyurl.com/2atrm5cx MORE RESOURCES Download the Ecommerce Conversion Handbook for store optimization tips at https://tinyurl.com/CRO-ebook Best Apps to Grow Your eCommerce Store: https://ecommercecoffeebreak.com/best-shopify-marketing-tools-recommendations/ Become a smarter online seller in just 7 minutes Our free newsletter is your shortcut to ecommerce success. Every Thursday. 100% free. Unsubscribe anytime. Sign up at https://newsletter.ecommercecoffeebreak.com Rate, Review & Follow Enjoying this episode? Help others like you by rating and reviewing my show on Apple Podcasts. Rate here: https://podcasts.apple.com/us/podcast/ecommerce-coffee-break-digital-marketing-podcast-for/id1567749422 And if you haven’t yet, follow the podcast to catch all the bonus episodes I’m adding. Don’t miss out—hit that follow button now!