David Schomer

My name is David Schomer and I am obsessed with being an entrepreneur!  I grew up in Iowa on small acreage where my four brothers and I had a small sweet corn and pumpkin roadside stand along a state highway.  We grew that operation into a sizable enterprise and I have been hooked on building businesses ever since. 

I attended St. Louis University and earned my undergraduate degree, double majoring in Accounting and Finance.  I went on to earn a Master’s degree from St. Louis University in Accounting.  Following graduation, I went to work for a business-consulting firm in St. Louis.  In that role, I provided merger and acquisition due diligence services to clients in a variety of industries as part of the firm’s Private Equity Services Group. I also specialized in fraud and forensic investigations with experience in cases involving the Securities and Exchange Commission and U.S. Department of Justice. My consulting experience includes Ponzi scheme investigations, lost profits analysis, financial forecasting, misappropriation of assets and/or intellectual property, patent infringement, valuation of businesses and business interests, and process improvement.

But, as I said earlier…I’m an entrepreneur at heart and have the curse. If you are always thinking of creative ideas in business, you know what I mean. So, fast-forward to March 2017, I was listening to a podcast about selling physical products online, specifically, through Amazon FBA (Fulfillment by Amazon).  I started to hear more about Amazon FBA selling and how some people were making good money using FBA and private labeling to sell physical products. I had a 2 hour, 20 minute round-trip commute into the office, so I started devouring content during my drive.  I launched my first private label product in July 2017 and currently have just over 300 SKUs for sale on Amazon, Etsy, Shopify, Groupon, Walmart, and EBay.   

Why I Decided To Start a Podcast

Since I first discovered podcasts, I was hooked.  For some reason, it took over 20 years for me to realize that I am a verbal learner and do my best learning through listening.  As a result, I listen to several hours of podcasts each day and can usually be found with my headphones on – injecting knowledge straight into my dome. 

I met Ken Wilson at the St. Louis E-Commerce Meetup and realized that we had a ton of common interests.  My wife was tired of listening to me ramble on about new online marketing strategies, conversion metrics, and everything else I implement into my private label business.  Finally, I had a friend who enjoyed these conversations as much as I did!  We met frequently for drinks over the next few months, discussing what was working in our business, areas of struggle, and helped each other grow and scale.   

There is a saying:   “You are the average of the five people you spend the most time with.”