Finding a Niche Market and Recovering From a Loss with Jason Boyce Co-Founder of Dazadi.com

Sep 21, 2017

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Jason Boyce is the coFounder and CEO of Dazadi.com They sell home recreational products including basketball hoops, game tables, fitness equipment, bikes, and much more.

Jason has over thirteen years of ecommerce experience and started Dazadi.com in 2002 with his three brothers. They have over 10,000 products on their site and 100K skus in queue.

Here's a glimpse of what you'll learn:

[0:40] Jeremy introduces his guest, Jason Boyce.
[1:30] Jason talks about his passion for Martial Arts.
[3:30] Jason talks about his family background.
[7:00] Joining the Marines and getting the tools to succeed.
[12:30] How Dazadi got started.
[17:00] What went well and what didn't go well when Dazadi got off the ground.
[20:00] The next phase of business following the Dot Com bust.
[24:00] Lessons learned from working with Amazon.
[28:00] Jason's advice to ecommerce sellers.
[38:00] Relying on internal talent to solve problems. Tools Jason and his team uses.
[41:30] Recovering from a $1 Million dollar loss.
[47:00] How Jason decided which team members to keep and which ones to let go.
[49:00] It all comes down to managing your costs.
[51:00] Setting up a product for success.
[56:00] The biggest challenges in the ecommerce space going forward.
[58:00] Evaluating new opportunities and the proudest moment for Jason so far.

In this episode…

Did you know that finding a niche market could make the difference between encountering average growth and exponential growth? Seriously! You could be just one good idea away from servicing a neglected category in the marketplace and turning it into a huge profit. On this episode of Inspired Insider, you'll hear from business leader and entrepreneur Jason Boyce as he opens up about his success in finding a niche market and recovering from a financial loss that almost closed his business. Learn from Jason's insightful stories, helpful tips, and cautionary tales. You don't want to miss this powerful episode!

What life experiences can help you on your journey toward success? Is the right schooling that will give you an advantage? Is it all about who you know? Do you just need to be in the right place at the right time? While those are all factors that can lead to a successful business career, business expert Jason Boyce is convinced that training, testing, and adversity are the best teachers. On this episode of Inspired Insider, Jason walks through his experience serving in the Marines and how that chapter in his life set him up for a successful career in business. If you'd like to hear more about Jason's experience, make sure to catch this fascinating episode!

One of the best ways to take advantage of find a niche market and building on your success is to empower leaders from inside your organization. Don't give into the pressure and the ease of doing everything through a third party! While it may be harder in the short term, training and empowering your people will pay off in huge ways down the road. On this episode of Inspired Insider, you'll hear from business expert Jason Boyce as he shares how his brand has been able to save time and resources by finding solutions to their needs using in-house talent. Find out what additional tips and lessons you can learn from Jason on this episode!

Before you set out with dreams of success and huge profit margins, make sure you are aware of what could happen if it all comes crashing down around you. Are you prepared for that possibility? What will you do if failure and loss hit you in a substantial way? Do you have a plan in place for how you will respond? On this episode of Inspired Insider, you'll hear from business leader and entrepreneur Jason Boyce as he describes how he and his team responded to a one million dollar loss. Jason describes it as a dark and difficult time but they were able to find their way through and back on the other side of success. To hear how Jason and his team accomplished this feat, make sure to listen to this episode!

Do you have a clear idea on what it will take to get your business to grow? Is it all about your product and making it the highest quality? On this episode of Inspired Insider, Jason Boyce explains how a simple truth can help keep your eye on what truly matters, turning a profit. According to Jason, it all comes down to managing your costs. Too often business leaders let their eyes grow too big for their stomach! Make sure you have a good handle on your costs and keep them reigned in. Join Jason on this episode as he goes into further detail on this topic and much more!

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