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Paul Skoog
General Manager at Momentum Stack
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Work Experience
General Manager
Jan 2024 - Present · 11 months
Tech Sales
Nov 2020 - Dec 2022 · 2 years and 1 months
VermiAg, Inc
All
Nov 2020 - Oct 2021 · 11 months
Company Details
2-10 Employees
Momentum Stack is a start-up dedicated to transforming e-commerce business growth. With over 50 years of combined experience in e-commerce and manufacturing, we offer unique insights into best practices and common pitfalls. Our track record includes multiple appearances on the Inc. 5000 list, successful exits, and a holistic view of the Startup-Grow-Operate-Exit process. Startup Opportunity: Starting a business is challenging, with 20% of new businesses failing within the first year and 70% by year four. Many promising ideas never take off due to high startup costs and complex processes. We focus on the "Big 4+1" drivers of success: product, fulfillment, sales, hiring the right people, and raising capital when needed. Growth & Operating Opportunities: Startups tend to choose technology and business processes based on ease or price, which can cause friction as they scale. Incompatibility between systems leads to excessive costs and disruptions. We emphasize taking the long view in system selection to ensure smooth scalability and provide a “single source of truth” for business operations. Recapitalization Opportunity: Robust systems not only demonstrate management competence but also ease the due diligence process, potentially leading to higher valuation multiples. A robust system structure can position a company as a “platform company” for future acquisitions. Our Approach: Momentum Stack At the heart of our approach is recognizing the common processes every business needs. We implement interconnected, enterprise-class applications that scale with growth, minimizing friction and maximizing profitability. Our strategy simplifies business creation with off-the-shelf technology and proven processes. Our primary focus is on eCommerce businesses that sell physical products, offering a seamless and scalable solution from startup to exit.
Year Founded
2024
Social Media
Linkedin
Industry
Business Consulting and Services
HQ Location
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Keywords
yard signspersonalized yard signscustom signsvinyl bannersbusiness developmententrephenuershipstart-up servicesecommerce supportprofessional printing services
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