This episode offers a compelling look at how two new Amazon sellers successfully launched and scaled their business to nearly $30,000 in monthly revenue within four months, starting with no prior e-commerce experience. It highlights the importance of joining supportive communities and critically evaluating "done-for-you" e-commerce solutions to avoid scams, providing a practical guide for aspiring and new online entrepreneurs.
Key takeaways
Prioritize joining an engaged, free community for support and genuine insights, as most 'done-for-you' e-commerce services lack this crucial element and often lead to disappointment.
Before investing in any e-commerce training or service, apply the "community litmus test": if there isn't a thriving, happy community of users, it's likely a scam.
New sellers can achieve significant results quickly on Amazon; the featured guests scaled from $0 to nearly $30,000 in monthly revenue in four months by leveraging focused training and community support.
Be wary of "done-for-you" e-commerce solutions that promise quick riches without requiring your active participation; these often lack substance and lead to wasted investment.
Seek out comprehensive training programs that offer continuous, "just-in-time" education and a strong support network, similar to the Proven Amazon Course model described.
Recognize the value of pairing different skill sets (e.g., sales and operations efficiency) in a partnership for a balanced and effective business approach.
In today's weekend episode we have highlights of a prior show. We covered episode #763 From zero e-commerce experience to a multiple five figure biz in a few months. The full episode can be heard at https://silentjim.com/podcast This podcast features 53 year old twins Jerry and John, who have worked together for over 30 years! Jerry details how they found Jim Cockrum and what drew them to this community! John shares how they toyed with the idea of joining a "done for you program" but ended up not going that route - thankfully! Jim reiterates how so many programs (about 98%) are scams and a quick way to lose money. Jim recommends a "litmus test" before joining any program and that starts with finding their community and hanging out with them for a while. The guests share how they are doing both RA (retail arbitrage) and OA (online arbitrage). Jim talks about the "lightbulb moment" that happens when it clicks for new sellers. Jim mentions Podcast #744 The guests share how when they 1st started. They also discuss how more brands became ungated for them when they reached about $7000 in sales. The guests talk about how they primarily do FBA now that they have proof of concept that this strategy works! Jim and the guests talk about the analogy with sports when it comes to Amazon selling The guest shares how he was skeptical going into his 1st conference because he is a "connoisseur of good leadership" Jim says that "leaders produce leaders!" and that leadership is a topic that he is very passionate about! The guest shares, as a new seller, he feels that finding test worthy ASINs is the #1 priority and Jim wholeheartedly agrees! Repricers are discussed as well Jim talks with the guests what to expect as their business grows! He recommends looking into branded bundles . Jim reminds everyone that a rising tide
What does this episode say about amazon & marketplaces?
Prioritize joining an engaged, free community for support and genuine insights, as most 'done-for-you' e-commerce services lack this crucial element and often lead to disappointment.
What does this episode say about founder & leadership?
Before investing in any e-commerce training or service, apply the "community litmus test": if there isn't a thriving, happy community of users, it's likely a scam.
What does this episode say about finance & fundraising?
New sellers can achieve significant results quickly on Amazon; the featured guests scaled from $0 to nearly $30,000 in monthly revenue in four months by leveraging focused training and community support.
What does this episode say about amazon & marketplaces?
Be wary of "done-for-you" e-commerce solutions that promise quick riches without requiring your active participation; these often lack substance and lead to wasted investment.
What does this episode say about amazon & marketplaces?
Seek out comprehensive training programs that offer continuous, "just-in-time" education and a strong support network, similar to the Proven Amazon Course model described.