Tyler’s bankruptcy was caused by reluctance to use eBay and lack of other outlets early on. The company spent lots of money without good business practices until debt was out of control. This and the economic down turn bankrupted the company.
Tyler learned to do his own accounting. He needed to understand basic finance, avoid excessive debt and to not become overleveraged with inventory.
Tyler’s Company is on the INC (Magazine) 5000 list as one of fastest growing companies of 2014. Tyler does his own research by watching eBay listing and sales. In early 2015, Tyler sold the women’s boutique fashion business, leaving sporting goods as their main business. He says that you will have the most success in your own niche and demographic if you are a customer for your products.
Tyler prefers Mac laptops for his entire staff. They use Channel advisor to manage both eBay and Amazon listings.
- Website: GotYourGear.com; ZeroSweat.com; BoutiqueSocks.com
- Email: Tyler@TylerConlin.com.