#666: Our weekly highlights and recap of powerful business lessons
Silent Sales Machine Radio
How to Make Money on Amazon
G-Law is based in Durham, North Carolina. The company has seen cloud G-Law out of stores and a lot of sales there. They're still learning how to run their own business from the ground up. But they say it's easier than you might think.
In this segment, you'll hear a bunch of great highlights, but a few nuggets tell you about a free course in PAC that teaches nine strategies in how to use Keepa, what should be outsourced in your business and how IP complaints can be dealt with easily.
We covered episode #599 Better Returns Than Real Estate with Amazon Replens? A Great PAC story - https://silentjim.com/podcast
Show note LINKS:
My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE! Join 70,000 + Facebook members from around the world who are using the internet creatively every day
https://provenbotsourcing.com - Our new course for online sourcing strategies to use on any website. Hear about how this incredible tool works in detail in epsiode #647 at https://silentjim.com/podcast
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!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
Jeff Schick of https://JeffSchick.com - our team attorney helping sellers with IP and account issues
Today's sponsor Arbitrage Card - Save cash with DISCOUNTED GIFT CARDS! Taylor is a member of our community and has put together a free eBook on this topic. Get the free report at: silentjim.com/giftcards
Highlights:
The guests discuss the beginning of their Amazon business and finding Jim's Silent Sales Machine FB page, podcast and Proven Amazon Course (PAC)! Jim explains why the replens model is preferable to the "Easter egg hunting" approach in terms of growing and automating a business!
Jim talks about outside sourcing that is available for financing an Amazon business. He also compares and contrasts an outside business, such as real estate that the guests currently do, with an Amazon business.
Jim recounts Episode #550 of a chiropractor who invested $200 into starting his Amazon business and kept reinvesting the money back into the business. Within a short amount of time, he had paid off tens of thousands of dollars of student debt. Jim really encourages the guests that once they learn the business themselves. then they can outsource parts of it to others to free up more time for themselves
Jim mentions a couple of trainings within PAC - OAsimplified.com and Provenbrandbuilding.com, which are both helpful resources for sellers who have established themselves on Amazon. Jim also encourages the guests to keep finding new Replens, which are underserved ASINs. He also mentions a new course that teaches 9 different methods for using Keepa - can be found at https://ProvenAmazonCourse.com/keepa - for advanced Keepa training.
Jim talks about having an abundance mindset as opposed to a poverty mindset The guest asks Jim about IP complaints and Jim reassures the guest that these issues are able to be worked through and are not reason to lose sleep! Jim reminds the listener that Amazon loves resellers as well as the Replen model!! Jim reminds sellers that hiring Attorney Jeff Schick on retainer is an option to have help with any account issues
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