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#415: After coaching 7,000 students in Amazon/ecommerce I've noticed some patterns

Silent Sales Machine Radio · December 13, 2021 · 61 min

Summary

This episode distills 17 years of coaching 7,000 Amazon and ecommerce students into timeless, actionable wisdom for online sellers. It emphasizes building a supportive community ("tribe") over following individual "experts," and counters fear-mongering about "dead" business models. Learn how starting small and specializing accelerates growth, and why serving others through meaningful relationships boosts profitability.

Key takeaways

Themes

amazon & marketplacesfounder & leadershipsupply chain & operations

Topics covered

ecommerce coaching lessonscommunity building in businessovercoming business model fearscaling strategies for ecommerceproduct specializationamazon fba successpoly bag sourcingamazon brand buildingproduct bundling on amazon

Episode description

For the past 17 years we've coached thousands of students in Amazon and ecommerce. This episode contains some valuable lessons that will make you more profitable. These are truths that have been around for 1,000s of years in some cases, but you may have never been exposed to them before! Lessons include, why a "TRIBE" is a better strategy than following an "EXPERT" (Proverbs 15:22), the one question you should ask when someone attempts to create fear by claiming a business model is "dead" (1 Samuel 17), why it is that our most successful students almost always start small and scale over time (Proverbs 13:11), why serving others through meaningful relationships puts more money in your pocket (Proverbs 22:11) and how the principle of specialization will propel you forward faster in business. I discuss the wisdom of having a mentor (1 Corinthians 11:1), a simple way to recognize and eliminate any self-sabotage from your business, and finally a simple starting point for almost certain success on Amazon (What should you sell?!) Check out our sponsor: I Love Supplies. com There are so many advantages using these high quality poly bags - non static, self closing AND size printed on each bag, just to name a few. Be sure to request your free sample of poly bags when you visit their website https://ilovesupplies.com/ Show note LINKS: ProvenBrandBuilding.com - New strategy we've developed so you can easily build a bundle with popular, well known brands and sell it at a great margin on Amazon WITHOUT any worries of competitors getting on your listing! This new course will be FREE for all PAC students (see link to PAC below)Amazon Course - https://ProvenAmazonCourse.com</a

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Prioritize building a supportive community (
What does this episode say about founder & leadership?
tribe
What does this episode say about supply chain & operations?
) over solely relying on individual experts; collective wisdom and support lead to greater success.
What does this episode say about amazon & marketplaces?
When confronted with claims that a business model is
What does this episode say about amazon & marketplaces?
dead

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