Predict your next investment

Angel Investor (Individual)

See what CB Insights has to offer

Investments

1

About Thatcher Spring

Thatcher Spring Headquarter Location

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Thatcher Spring News

The Rise Of The Lifestyle Entrepreneur

Nov 16, 2018

Post written by Thatcher Spring Share to facebook Getty “What kind of life do I want?” Increasingly, this is the question on people’s minds, replacing “What kind of job do I want?” I often hear this from new entrepreneurs building e-commerce businesses, leveraging technology to shed traditional barriers to entry. The term “lifestyle entrepreneurship” was pioneered by a high-flying, highly visible group of savvy digital natives. They recognize the power of the web and have devised ways to create efficient, streamlined businesses that outsource everything beyond their core skill sets. Dubbed MMO (make money online), this innovative group’s lifestyle is on display all over social media. The ability to outsource production and distribution of physical goods, along with other related services, is among many factors giving rise to the next generation of The 4-Hour Workweek types — lifestyle entrepreneurs who check in with their offshore assistants in the morning and go cliff jumping or skydiving in the afternoon. These days, anyone anywhere has the ability to strike out on their own, spend more time with family, eliminate long commutes and maintain financial independence. How To Get Started If you're hoping to use digital tools to help you on your way to becoming a lifestyle entrepreneur, first take advantage of what you already know by identifying and leveraging market opportunities related to your personal interests. Those interests are likely shared with a large group of potential customers, and knowledge of these subjects will help you establish and maintain a competitive advantage. For example, if you are a dog owner, you will be better at offering products other dog owners will buy. Avoid chasing new opportunities that will require a lot of extra learning. Second, start slowly, and test the market. Try a few social media ads and see what kind of response you get. If your sales aren’t enough to cover social media advertising costs, try tweaking your ads or product mix, and look for new ways to drive traffic to your site. Seek out resources and experts to help guide your efforts. Use The Right Tools The infrastructure enabling this new breed of entrepreneurs is based on easy-to-use platforms that connect them with opportunities. To choose a platform, I believe you should look for one that offers powerful, cloud-based global supply chain and logistics tools. This will allow you to build businesses that scale well beyond the hours in a day as you reach the entire global population of internet shoppers. I've seen many lifestyle entrepreneurs generate millions in revenue per year, sometimes operating online storefronts on multiple platforms. I work specifically with print-on-demand merchandisers, so I know their overhead costs are typically a small fraction of the costs of firms that maintain in-house production and distribution operations. There are also a variety of other options that allow today's online merchants to stock their virtual shelves; many leverage traditional drop-shipping platforms for commoditized products, while others search for specialized manufacturers through product sourcing platforms. Utilize The Power Of Analytics One of the advantages of the newer commerce enablement platforms is the availability to generate much more granular data analytics. Merchants leveraging these modern tools can get precise information regarding who is buying their products and when they’re buying them so that they can easily optimize their targeting and advertising. The greatest thing about today’s online retailing environment is that modern tools allow anyone, anywhere to participate. The work required to launch and maintain a business can be done anytime, day or night, and does not have to be a full-time endeavor. Anyone can create a thriving business that frees up more of life’s most precious resource: time. And it’s a lot less risky than cliff jumping.

Thatcher Spring Investments

1 Investments

Thatcher Spring has made 1 investments. Their latest investment was in JUST Goods as part of their Angel on October 10, 2017.

CBI Logo

Thatcher Spring Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/2/2017

Angel

JUST Goods

$2.01M

Yes

1

Date

10/2/2017

Round

Angel

Company

JUST Goods

Amount

$2.01M

New?

Yes

Co-Investors

Sources

1

Thatcher Spring Team

1 Team Member

Thatcher Spring has 1 team member, including former Founder, Chief Executive Officer, Thatcher Spring.

Name

Work History

Title

Status

Thatcher Spring

Founder, Chief Executive Officer

Former

Name

Thatcher Spring

Work History

Title

Founder, Chief Executive Officer

Status

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.