Steve Olsher, founder and chairman of Liquor.com, shares the company's 2015 annual revenue.
Insight
Entrepreneurs make a huge mistake focusing on just one business
“The reality is as an entrepreneur that that is just going to be a huge mistake, right? I mean, it is too many people out there that frankly just dive into one thing, build it, sell it, move on to something else. I get that, but I'd rather dive into multiple th…”
Opinion
Outside executives hired for planned 2000 IPO lacked basic competency
“Wall Street wanted to see the gray hairs, the CEOs, CFOs, CTOs, all the lettered saviors, and when everything went to hell in a handbasket, basically, we figured out pretty quickly that the folks we had brought in to take us to the promised land didn't know ja…”
Opinion
Traditional book publishers act as mere printers without providing distribution value
“And frankly, you know, there's self published, there's hybrid publishers and there's traditional. I've done all three. And at the end of the day, publishers are nothing more than printers. You know, so, I mean, all they do is print, you know, the books for you…”
Disclosure
New Media Summit pays no speaker fees, only covers travel expenses
“Correct. We will take care of the hotel. We'll take care of their meals. We'll take good care of them while they're there.”
Disclosure
Olsher buys stage time at conferences as a core revenue driver
“Part of my revenue model is actually by stage time. So if you have an event and you know that people are going to, you know, be there and be interested potentially in my products, programs, or services, talk to me. I will buy stage time.”
Insight
Olsher: Organizers can charge speakers $100 per attendee for stage time
“A hundred bucks a head is a pretty safe bet. So, I mean, if you've got a 300 person event, you could easily be charging somebody 30 grand to speak on that stage.”