Philip Molloy, UK chief executive of ISold It, talks about Ebay, clicks and mortar, how to role out a franchise and his own entrepreneurial journey. [Please note ISold It has gone bust]
This week SmallBizPod #44, the small business advice podcast, focuses on franchising, trading on Ebay and the entrepreneurial ambition of UK chief executive of iSold It, Philip Molloy. The show also includes the latest instalment of the diary of a wantrepreneur and the usual round up of listener feedback. Released a little later than usual due to holidays! [Please note iSold It has now gone bust both in the US and in the UK]
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Show Notes
Summary
Intro:
• 00:00 Alex on what’s coming up in the show.
• 01:23 Thanks to the nearly 50 people who have already joined SmallBizPod’s new networking site. Looks like a good crowd of business savvy people already congregating there and nice to see some new and familiar names there including Barry Hopkins, Anne Marie McEwan and Taylor Marek who recently interviewed me on his podcast.
• 03:10 Holidays, colds and a podcast delivered a little later than anticipated.
Features:
• 03:58 Interview with Philip Molloy, chief executive of ISold It about the rise of the Ebay entrepreneur and how businesses are also using Ebay to manage stock and as a serious sales tool. He also tells the story of how following a successful business career he wanted to try something new and came to buy the franchise licence for ISold It. Philip also talks about the challenges of rolling out a high street franchise operation and talks about how he has invested in the franchise himself.
Comments:
• 23:58 Thanks to Sue Rann, Angela Gama, Paul Scott, Peter from Warsaw and Hugo from Paris for signing up to the Frappr map.
• 24:33 Email comment from Matt Deighton at Saxon Leather who are celebrating 25 years in business with some thoughts for wantrepreneur Kelvin Jones.
• 25:29 Words of advice for Kelvin also emailed in from Brian Stevenson and Nic Morton.
• 26:47 Diary of a Wantrepreneur Kelvin Jones returns to update us on market research and asks what kind of business plan should he write. Is an 80 page business plan too long? Do you need one?
Outro:
• 34.28 Music – The Magic Come Out At Night by Chris Rusu, with very many thanks to the Podsafe Music Network.
Tags: franchising, ebay, small business, internet business
Love the electronics track at the end.