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#317: Husband wife team sell 7 figures on Amazon with multiple income streams

Silent Sales Machine Radio · with Rich and Shelley Potter · October 1, 2020 · 48 min

Summary

Rich and Shelley Potter, a husband-wife team, share their journey to nearly $2.5 million in annual Amazon sales. This episode reveals their strategies for scaling an Amazon FBA business, diversifying income streams beyond a single storefront, and how their partnership has been key to their 7-figure success. It's a roadmap for Amazon sellers aiming for substantial growth and financial independence.

Key takeaways

Themes

amazon & marketplacesfounder & leadershipfinance & fundraising

Topics covered

amazon fba strategyscaling ecommerce businessmultiple income streamshusband-wife business partnershipecommerce coachingfinancial independenceonline arbitragewholesale models

Episode description

We last heard from Rich and Shelley Potter in episode #221 just after Rich had quit his full time job to go full time on Amazon. Now they are closing in on a $2.5million year in sales and they have some incredible tips to share with us! I'm also excited to announce that they've become coaches on our team at JimCockrumCoaching.com. As always, get all show notes and hear all episodes at SilentJim.com/podcast (most episodes are NOT on youtube!) YouTube link: https://youtu.be/ss45KDIRbdA Proof of the $1.5million in sales through Sept 2020 and a great discussion in our free facebook group:https://www.facebook.com/groups/ /permalink/3298403236942430 JimCockrumCoaching.com - Rich and Shelley are coaches on our team! ProvenAmazonCourse.com - the course that got them started

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Implement a multi-pronged approach to Amazon selling beyond a single product or niche to build resilient income streams.
What does this episode say about founder & leadership?
Leverage coaching and mentorship from established sellers to accelerate growth and navigate challenges effectively.
What does this episode say about finance & fundraising?
For couples in business, clearly define roles and foster strong communication to benefit from shared ambition and collaboration.
What does this episode say about amazon & marketplaces?
Continuously adapt and refine your Amazon FBA strategies, even after achieving significant milestones, to maintain momentum and reach new revenue targets.
What does this episode say about amazon & marketplaces?
Utilize supportive online communities to gain insights, seek advice, and stay motivated on your entrepreneurial journey.

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