How HatLaunch Leveraged Clearco’s Non-Dilutive Funding and Scales to $10M → Robert Hamm

06/25/24 • 55 min

In this episode of the 2X eCommerce Podcast, host Kunle Campbell is joined by Andrew Curtis, CEO of Clearco, along with Robert Hamm and Tyler Smith from HatLaunch. They discuss leveraging non-dilutive funding to scale HatLaunch to a $10 million business.

Learn how effective ad spend, strategic capital management, and automation have driven their growth. Discover the challenges and successes they've experienced, and get actionable insights into financing your own eCommerce venture. Don't miss this inspiring conversation filled with valuable tips for growing your business!

📝 Shownotes for this episode
Guest’s Links:

Website: Clearco - invoice funding for eCommerce
Website: HatLaunch - get your own custom hats_____________________________
LinkedIn: Andrew Curtis
LinkedIn: Robert Hamm
LinkedIn: Tyler Smith

Connect with 2X eCommerce:

Website: 2X eCommerce Website
Instagram: 2X eCommerce Instagram
Twitter: 2X eCommerce Twitter
YouTube: 2X eCommerce YouTube
(00:00) - Introduction to Capital Management
(01:14) - Meet the Guests: Clearco and Hat Launch
(03:09) - The Hat Launch Journey
(03:50) - Scaling with Automation and Innovation
(04:50) - Navigating Capital Challenges
(06:41) - Leveraging Clearco and PayPal
(18:13) - The Role of Marketing in Growth
(22:44) - Financial Strategies and Trends
(27:51) - Customer Cashflow Management with Clerico
(28:26) - Diverse Uses of Clerico Funding
(29:23) - Monthly Invoicing and Ad Spend
(29:47) - When to Consider Invoice Financing
(31:55) - The Importance of Profitability in Ad Spend
(33:08) - Clearco's Unique Financing Approach
(39:32) - Navigating Platform Volatility
(44:28) - Synergy Between Finance and Advertising
(45:50) - Diversifying Revenue Streams
(54:00) - Final Thoughts and Resources

Creators & Guests

Robert Hamm - Guest
Tyler Smith - Guest
Andrew Curtis - Guest
Kunle Campbell - Host

06/25/24 • 55 min

2X eCommerce Podcast - How HatLaunch Leveraged Clearco’s Non-Dilutive Funding and Scales to $10M → Robert Hamm

Transcript

Robert Hamm00:00:00.000

We're spending two, 3, 000 a day on ads, like. In 30 days, you know, it's a hundred grand that you can float instantly 30 days by offsetting it onto a capital partner. Like Clearco. And in where we were growing and where we still are and growing a hundred grand, that's like, it's huge, but we can take that and use that

Robert Hamm00:00:22.365

to grow the business. And like, that's literally what I've done every s

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