#13 Spain: Deciding when it is time to close your business (Enric Gabarró)
Description
To record today's episode, I flew to Barcelona - a city now known for many entrepreneurs to move to. Who doesn’t want to work by the beach and eat tapas all while building a successful business? I wanted to talk to Enric because he has a story that I think is too often not told. His business Picker, an online platform that allowed influencers to easily sell products for vendors, had 1 million Monthly Active Users and sold over 1.5M EUR worth of merchandise every month until their main partner, Amazon, canceled their contract. A 60% drop in those numbers overnight. We talk about what it is like to start a business in Barcelona, the day he found out Amazon canceled their contract and what it is like to actually come to that final decision: closing your business. Today in That One Thing, Enric Gabarro.