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#507: Started with $150 and built an inspirational business with ProvenAmazonCourse.com

Silent Sales Machine Radio · with Divine Grace · August 25, 2022 · 45 min

Summary

Divine Grace, a Filipina immigrant in the US, transformed a $150 initial investment into a thriving online reselling business, primarily on Amazon, with sales reaching $50,000 at a 25% net margin within a year. Her inspiring journey demonstrates how strategic online arbitrage and leveraging virtual assistants can generate significant income to support family abroad and achieve financial independence, even enabling her husband's early retirement.

Key takeaways

Themes

amazon & marketplacesfounder & leadershipfinance & fundraisingsupply chain & operations

Topics covered

amazon fbaonline arbitrageebay sellingvirtual assistant utilizationprofit reinvestmentseed fundingin-store sourcingfamily business

Episode description

Today we meet another student of the ProvenAmazonCourse.com course who is building an amazing business! You'll find her energy, faith and determination nothing short of INSPIRATIONAL as you learn her story. She's from the Philippines where the average hourly wage is only $1/hour, but now lives in the US and is building the business of her dreams. In the past year, after starting with only $150, she's now built an amazing business that she tells us about on this episode! Her goal is to bring her husband home from his 20+ year job in security - and they are well on their way! You'll be motivated today by our guest Divine Grace! Watch today's episode on YouTube: https://youtu.be/vRJSIbWXBQc Show note LINKS: My Silent Team Facebook group. 100% FREE! Join 69,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world! JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We've been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast! <a class="ProsemirrorEditor-link" href= "https:

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Start small and scale: Divine began with only $150 and successfully grew to $50,000 in Amazon sales by consistently reinvesting profits.
What does this episode say about founder & leadership?
Diversify sales channels: Initially focused on eBay, Divine expanded to Amazon and Walmart, increasing her reach and revenue streams.
What does this episode say about finance & fundraising?
Leverage virtual assistants: Utilize VAs for tasks like sourcing profitable inventory, freeing up time for other growth activities.
What does this episode say about supply chain & operations?
Strategic sourcing: Implement online and in-store arbitrage (e.g., Target, Burlington) to find products with high-profit margins for reselling.
What does this episode say about amazon & marketplaces?
Reinvest profits for growth: Divine re-invests her earnings back into the business, enabling rapid scaling from a few boxes a week to 50-100 boxes weekly at UPS.

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