Ben Arneberg began his career as a US Air Force satellite engineer and member of the Air Force Parachute Team where he learned to take calculated risks that end in success. He’s a serial entrepreneur with three exits. Founder of PetHonesty, a consumer brand improving pet health. He’s an investor, passionate about disruptive technologies, education, and helping others find and live out their dreams.
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> Here’s a glimpse of what you would learn….
In this episode of the Ecomm Breakthrough Podcast, host Josh Hadley interviews Ben Arneberg, a seasoned entrepreneur and founder of Pet Honesty. Ben shares his journey from a U.S. Air Force satellite engineer to a successful e-commerce entrepreneur with three business exits. He discusses scaling Pet Honesty from zero to $70 million in revenue in three years, emphasizing the importance of strategic hiring, cash flow management, and leveraging a strong network. Ben also highlights the value of having an advisory board and the significance of personal development and clear vision in achieving entrepreneurial success.
Here are the 3 action items that Josh identified from this episode:
Focus on One Venture for Scalable Growth
Instead of spreading resources across multiple ventures, commit to one business with strong market potential. Prioritize product-market fit and allocate energy toward scaling efficiently.
Hire Strategically and Build a Strong Network
Invest in top talent early to delegate operational tasks and focus on high-level strategy. Leverage industry connections and referrals to attract skilled professionals who align with the company’s vision.
Manage Cash Flow Proactively for Sustainable Scaling
Use creative financial strategies such as leveraging credit lines and optimizing manufacturing processes to maintain liquidity. Consider local production to secure better terms and reduce working capital requirements.
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This episode is brought to you by eComm Breakthrough Consulting where I help seven-figure e-commerce owners grow to eight figures.
I started Hadley Designs in 2015 and grew it to an eight-figure brand in seven years.
I made mistakes along the way that made the path to eight figures longer. At times I doubted whether our business could even survive and become a real brand. I wish I would have had a guide to help me grow faster and avoid the stumbling blocks.
If you’ve hit a plateau and want to know the next steps to take your business to the next level, then go to www.EcommBreakthrough.com (that’s Ecomm with two M’s) to learn more.
Transcript Area
Josh 00:00:00 Welcome to the Ecomm Breakthrough podcast. I'm your host, Josh Hadley, where I interview the top business leaders in e-commerce. Past guests include Kevin King, Aaron Cordovez and Michael Gerber, author of the E-myth. Today I am speaking with Ben Arneberg, and we're going to be talking about timeless business principles that allowed him to exit three different brands, and how he's on a journey now where he doesn't even care about money because he is focused on the intrinsic value of what he's giving back to society. I think that's everything that we all want to strive to be as entrepreneurs, and he's going to show us how he's been able to achieve that in his life. This episode is brought to you by Ecomm Breakthrough, where I specialize in investing in and scaling seven figure ecommerce brands t...