Mike Beckham
@mikebeckhamsm
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Co-Founder and CEO of Simple Modern. Follower of Jesus. Operators Podcast Co-Host. Proud Husband and Father of 2.
Norman, OK
Joined March 2009
In 2016 I co-founded a drinkware company. It seemed insane to others We would be competing with great brands like Yeti and Hydroflask. We only had $200,000 while our competitors had hundreds of millions. Today we sell over $100,000,000 annually. A secret on how we did it:
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I had my mind blown several times during this interview One of the crazier facts I learned is he wrote the seed check for Didi Chuxing
guy was a billionaire! (for 6 months in 2000) crazy story. - born in china - comes to america with $50 bucks - gets a PHD at NYU - leaves math, goes to silicon valley - sells trucks full of oranges back to china - sells computer parts into china - takes a .COM public during the
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This quote from Paul Graham highlights why WHO you work with is even more important than WHAT you work on: “Ambitious people are rare, so if everyone is mixed together randomly, as they tend to be early in people's lives, then the ambitious ones won't have many ambitious peers.
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Operators E134: Thrasio: The Truth, with co-founder John Hefter @SeanEcom @mikebeckhamsm @mbertulli @JasonPanzer Watch the full episode below 👇
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NEW TITANS TOMORROW AD READ EARLY RELEASE You can get all of the things we are making or you can comment my boss @AaronOrendorff will get you the applovin code (the loving sponsor of this limited series) (it is officially open today) We have 100 -I do not know if they will
2 years ago, me and some friends started a podcast. It was a direct rip off of All in. Except we ONLY talked about ecom. No politics, no world events, just boring ecom operations talk. NICHE IN Now that podcast is a real company- 4 full time employees and over REDACTED
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THERE IS A HUGE PROBLEM WITH PODCASTS For years I’ve talked to my friends about it. For years I did nothing. That problem? All large podcasts only have the very biggest names on their shows. The biggest authors. The biggest founders & CEOs of the Fortune 500. All of
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NEW SHOW ANNOUNCEMENT That’s right. Not a new episode. An entirely brand-new show. Welcome to Titans E001 … Caden Lane With Founder @KatyMimari + @SeanEcom @mbertulli It’s our “How I Built This.” By operators. With operators. For operators. And that’s not all ↓
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More fantasy stories have been told in excel than in all the world’s books combined.
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Nothing reveals insecurity more than mocking someone who is trying hard to improve.
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Nine years ago, I launched Founders (@FoundersPodcast). Today, I'm launching a new podcast called David Senra. The first episode goes live this Sunday. Subscribe wherever you watch or listen to podcasts. Founders will still come out every week. @scicommedia // @hubermanlab
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Want to learn more about our story building Simple Modern? Here's the full talk:
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Ten years ago today I co-founded Simple Modern Since then the company has exceeeded a billion dollars in sales and 60 million orders. It has been more than I could have ever dreamed. Here's me sharing in 165 seconds what I've learned over the past ten years.
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Today Simple Modern turns 10. A decade and 60m units in, we've learned a lot: 1. Transparency is most desired quality in leaders. 2. The strategy and skills fueling a start-up will likely be a limitation at bigger scale. 3. Hire missionaries, not mercenaries. Employees
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This chart is an alarm bell. Consumer spending is only holding up because consumers in the top 10% of income. The stock market is only going up because of the performance of 5-10 tech companies. The US economy is extremely top heavy.
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Colin Powell had a great rubric for decision making: "Never make a decision with less than 40% of the information available, and don't gather more than 70% of the information available." I have two tendencies I have to fight in order to make effective decisions. 1. The
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Less can happen in a year than you hope More can happen in five years than you could imagine.
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The cost of excellence is consistency. Successful people are willing to do the same thing over and over again long after others would have quit out of boredom.
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You only get one life. You have a finite number of hours. They are your most precious resource. An 80 year old billionaire would gladly trade places with a 20 year old who was broke. There are literally millions of things you could spend your hours on. How do you choose? The
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Q: What do over 2,000 e-commerce operators have in common? A: They will be virtually attending the Operators Black Friday Event tomorrow. It's a free event and I'm confident you will learn something you can apply to your business. Sign up here: https://t.co/BoLxAifcwa
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Question for my DTC friends: Do you change the free shipping threshold on your website during different times of the year?
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In college I went to a speech from the OU Women’s Basketball coach @sherricoale. She had a line that has forever stuck with me: “Succeeding in life is knowing the difference between things that are: A lump in your oatmeal A lump in your throat And a lump in your breast.” Great
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