Heritage Auctions Revenue Breakdown
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A discussion about Heritage Auctions, a successful auction company with diverse revenue streams.
"Heritage Auctions does $800 million in sales, with about half online and half in person. Their biggest category is currency at $300 million. But look at some of their other interesting categories:
- Movie posters: $20 million
- Comics: $50 million
- Sports collectibles: $60 million
- Real estate: $19 million
- Wine: $10 million
They're crushing it across all these different niche categories. What I love about it is they've managed to build a massive business by focusing on specific collectible markets rather than trying to be everything to everyone like eBay."
[Note: This story was pieced together from Sam Parr's comments about Heritage Auctions, maintaining the key facts and figures while presenting them in a cleaner, more structured way.]
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.