Firing The Man

Episode 69In today’s episode, we talk with Don Henig, Co-Founder of AccrueMe, LLC. AccrueMe is providing growth capital for Amazon sellers with 0% interest and no payment requirements. You don’t even need to let go parts of the ownership when you work with Don’s team. The only way they will win is if your Amazon business wins. Does this sound too good to be true? Listen to this episode and learn how to grow your Amazon business! [00:01 - 08:23] Opening SegmentLet’s get to know Don HenigHis path to helping Amazon sellers [08:24 - 18:47] 2X Capital, 0% Interest, 0% OwnershipDon breaks down the unique business model of AccrueMeWhy Amazon sellers can benefit from AccrueMeWhat part of your business will AccrueMe support? [18:48 - 27:34] Not A Loan The only way you don’t win with AccrueMe Want some Amazon refunds? Check out GetidaPromo code: FTM400Don clarifies that their model is not a loan [27:35- 39:44] Timing is Everything Successful businesses have done this according to Don A true story about building a business  from DonWhy timing is important in any business [39:45- 48:03] AccrueMe’s No. 1 RuleThe no. 1 rule of AccrueMeLet’s get to know more about Don in the Fire Round!What separates success from failure according to Don [48:04 - 50:45] Closing Segment Connect with Don. Links belowFinal words Tweetable Quotes:“I love to do things where it’s a win-win. Everybody should be able to win.” - Don Henig“My idea is to provide you capital when you have the opportunities to grow.” - Don HenigResources Mentioned:Book: The Compound EffectEmail Don@accrueme.com to reach out to Don or connect with him on LinkedIn. Check out AccrueMe and grow your Amazon business now! ------------------------------------------------------------------------------------------Do you want to fire the man yourself? Send us a voice message and let’s see how we can help you! FacebookYouTubeInstagramEmail us --> support@firingtheman.LEAVE US A REVIEW!Ready to scale your Amazon business? Click here to book a strategy call.  https://calendly.com/firingtheman/amazon Support the show

Episode 68In today’s episode, we are going to talk about the top 5 articles in the eCommerce industry in the first quarter of 2021. We have talked about Amazon and where it will go upon the departure of Jeff Bezos. We’ve also shared our insights about Walmart, Target, and Shopify and their respective business models that contribute to their recent growth. David and I ended this episode on a high note with our thoughts about the almost $800-billion sales of US eCommerce in 2020.  Listen to this episode and get updated on the recent happenings in our industry! [00:01 - 03:24] Opening SegmentWe introduce our topic for todayWhy we’ll discuss these news articles[03:25 - 13:26] Alternative Business Models Listen to our exchange on Target’s invite-only membershipWalmart is on a tear and we tell you why Should Amazon be worried? [13:27 - 23:52] What to Learn from Shopify’s Growth Want some Amazon refunds? Check out GetidaPromo code: FTM400Watch out for Shopify How is it different from Walmart? [23:53- 33:48] Amazon’s Future Direction Hear our insights about Jeff Bezos leaving AmazonTwo more Jeffs are leaving AmazonFind out who they areWhat this means for Amazon[33:49 - 37:52] Closing Segment Here’s another reason you should go into eCommerce Final words Tweetable Quotes:“Once you create a habit, it’s really hard to break.” - Ken Wilson“...as you build a good team around you, you become less and less important.” - David SchomerResources Mentioned:Marketplace Pulse article on Target: Target’s Marketplace Still Tiny Two Years LaterDigital Commerce 360 article on Walmart: Walmart's online sales grow 79% in its just‑ended fiscal yearMarketplace Pulse article on Shopify: Shopify Is 40% As Big as Amazon MarketplaceCNBC article on Amazon: What Jeff Bezos told Amazon employees about stepping down as CEO: ‘I’ve never had more energy, and this isn’t about retiring’Marketplace Pulse: US E-Commerce Sales Nearly $800 Billion in 2020Firing the Man Episode 65: Navigating Walmart's E-Commerce Platform with Experienced Seller Miro Posavec------------------------------------------------------------------------------------------Do you want to fire the man yourself? Send us a voice message and let’s see how we can help you! FacebookYouTubeInstagramEmail us --> support@firingtheman.LEAVE US A REVIEW!Ready to scale your Amazon business? Click here to book a strategy call.  https://calendly.com/firingtheman/amazon Support the show

Episode 67Are you planning to start an eCommerce business? Well, you’ve come to the right podcast episode. Today, Ken and I made a deep dive discussion about it, which we divided into two parts. The first part focuses on the needs of a business such as business name, employee identification number, and business bank account. The second part is all about Wants. They’re not really required, but they can make your life--and business--a lot better. Listen to this episode and start your eCommerce journey! [00:01 - 05:07] Opening SegmentWe introduce our topic for todayStart with your business nameWhat to consider in choosing a name[05:08 - 10:03] Setting Up the Business Get an Employee Identification Number in 10 minutes  Follow David’s tips Open a separate business bank account and checking accountHow to get a 5% cashback on your PPC (Pay-Per-Click)? Product vs. InventoryListen to our exchange [10:04 - 16:10] Physical and Digital Assets The physical asset you should have for your business Backup your important files with a dedicated cloud storage You need internet access for thisHear our thoughts about having a separate workspaceCan be a simple corner in your house [16:11- 20:17] Ways to Learn Business Is a mentor a need or a want? The other ways to learn your business Want some Amazon refunds? Check out GetidaPromo code: FTM400[20:18- 26:37] Ergonomic Office Setup The Mercedes Benz of office chairs according to David The perks of having a dual monitor setup for Ken How to set up an ergonomic office set upLink below[26:38- 33:04] Ecommerce Hacks for Beginners Why have overflow storage for inventory? This is what David wished he has done earlier How to use product research tools for free for more than 30 days?[33:05 - 39:04] Closing Segment Other physical assets you can buy Final words Tweetable Quotes:“If you’re stuck on [choosing a business name] and not moving forward, outsource it.” - Ken Wilson“It’s a good way to skip to the head of the line...just get a mentor.” - David SchomerResources Mentioned:United States Patent and Trademark OfficeInternal Revenue ServiceLegalZoomChase Ink Business Credit CardsStarlinkHerman MillerWall Street Journal video: Ergonomics Expert Explains How to Set Up Your Desk | WSJA6 Binder Journal Refillable NotebookOnlinejobs.phFiverrUpworkJungle ScoutHelium10------------------------------------------------------------------------------------------Do you want to fire the man yourself? Send us a voice message and let’s see how we can help you! FacebookYouTubeReady to scale your Amazon business? Click here to book a strategy call.  https://calendly.com/firingtheman/amazon Support the show

Episode 66In today’s episode, we are joined by Ethan Bachinski, an engineer that is just beginning his journey in the e-commerce space. Ethan played division 1 football at Western Illinois University and then continued his education at the University of Iowa where he earned his Bachelor’s of Science in Engineering in Mechanical Engineering.  In the last year, Ethan has leveraged his engineering skills to create products using a CNC Machine and 3D printer. Let’s listen to Francois and learn from a product-sourcing blackbelt! [00:01 - 04:57] Opening SegmentLet’s get to know Ethan BachinskiEngineer-turned-eCommerce business owner[04:58 - 13:11] To Fire or Not To Fire the Man?   He breaks down the CNC machine and what you can do with itBe inspired with these goals from Ethan! Is Ethan trying to fire the man?[13:12 - 20:48] The Key to ManufacturingEthan’s experience with the self-manufacturing business modelThe key to manufacturing according to Ethan Want some Amazon refunds? Check out GetidaPromo code: FTM400[20:49 - 32:27] From Idea to Product  Ethan talks about the challenges he’s facing in his product launchTurn your idea into a product with these tips from Ethan!Build your business with these resources suggested by Ethan[32:28 - 41:20] Traits of Successful Entrepreneurs  Join Ethan in our Coaches Corner!How to increase sales?Get to know more about Ethan in the Fire Round![41:21 - 42:49] Closing Segment Connect with Ethan! Links below Final words Tweetable Quotes:“The endgame is obviously [to] fire the man and be my own boss.” - Ethan Bachinski“There’s risk and reward in everything that you do.” - Ethan BachinskiResources Mentioned:EtsyFacebook MarketplaceeRankePlusWoodsmithThe Woodworkers ParadiseGoogle TrendsBook: Outliers: The Story of SuccessEmail ejbachinski37@gmail.com to reach out to Ethan or connect with him on Facebook, Instagram, and LinkedIn.  ------------------------------------------------------------------------------------------FacebookYouTubeInstagramEmail us --> support@firingtheman.LEAVE US A REVIEW!Ready to scale your Amazon business? Click here to book a strategy call.  https://calendly.com/firingtheman/amazon Support the show

Episode 65Let’s visit another marketplace in today’s episode with Miro Posavec. Miro is an experienced seller at Walmart, selling health and wellness products for the last few years now. He will help us navigate the Walmart platform online, talk about the value that it offers to both sellers and buyers, and share tips to successfully start our eCommerce business. Listen to Miro to better navigate Walmart’s eCommerce platform! [00:01 - 05:25] Opening SegmentLet’s get to know Miro PosavecWalmart vs. AmazonMiro weighs in [05:26 - 12:59] Walmart Fulfillment Services How’s Miro’s 3PL experience at Walmart?Choose Walmart Fulfillment Services!Miro tells us why  Want some Amazon refunds? Check out GetidaPromo code: FTM400[13:00 - 23:23] Opportunities at Walmart The smart move that Walmart is doing right nowThe opportunities at Walmart that you should knowListen to Miro’s strategy to drive traffic to his store[23:24- 35:48] Valuable Online Presence Miro shares his outlook about the future of Walmart The tremendous value Walmart offers that Amazon doesn’t Don’t miss Miro’s advice on starting your own businessWhere to start? Amazon? Shopify? Walmart? Your no. 1 priority in starting an eCommerce business[35:49 - 41:35] Closing Segment Get to know Miro more in the Fire Round!Connect with Miro! Links below Final words Tweetable Quotes:[Walmart is] building trust with the customer and that’s a good long-term strategy.” - Miro Posavec“If you wanna be successful, you just have to be persistent.” - Miro PosavecResources Mentioned:WalmartShopifyEbayAlibabaCedCommerceBook: A Man for All SeasonsEmail miro.posavec@gmail.com to reach out to Miro or connect with him on LinkedIn, Facebook, and Twitter.------------------------------------------------------------------------------------------FacebookYouTubeInstagramEmail us --> support@firingtheman.LEAVE US A REVIEW!Ready to scale your Amazon business? Click here to book a strategy call.  https://calendly.com/firingtheman/amazon Support the show

Episode 64Ron Parisi, CPA, JD, has more than 25 years of experience in accounting and technology, which he leverages as a Virtual CFO & Accounting Service to assist other entrepreneurs. His articles have been published in national publications, including the Wall Street Journal and Accounting Today. In this episode, he will talk about the ideal path of a successful business, which highly depends on the owner’s ability to get organized and understand available credit vehicles and tax deductions. Let’s listen to Ron and learn from the CPA on Fire! [00:01 - 04:13] Opening SegmentLet’s get to know Ron Parisi Why he loves working with entrepreneurs[04:14 - 14:19] A Reminder for Entrepreneurs The biggest hurdle for entrepreneurs according to RonDon’t miss these tax tips from Ron! How entrepreneurs can leverage credit vehiclesPaycheck Protection Program (PPP)Economic Injury Disaster Loan (EIDL)[14:20 - 22:34] Credit Vehicles and Taxes Explained Are you eligible for the PPP?Learn from RonWant some Amazon refunds? Check out GetidaPromo code: FTM400The top tax write-offs you’ve probably overlooked [22:35- 36:42] 20% Income Tax DeductionShould you start off as an LLC? Listen to Ron’s adviceDo you want a 20% income tax deduction?What you’re missing when you don’t file a tax return [36:43 - 41:47] Closing Segment Get to know Ron more in the Fire Round!Connect with Ron! Links below Final words Tweetable Quotes:You don’t necessarily need to have a business before you can start planning for tax deductions.” - Ron Parisi “The future is so bright [and] has so much opportunity to grow. Don’t let 2020 split you down.” - Ron Parisi Resources Mentioned:Book: A Confederacy of DuncesFiring the Man Episode 58: Joel Bower on Getting Intentional with Your TimeEmail ron@cpaonfire.com to reach out to Ron or connect with him on LinkedIn. Schedule a free financial review with Ron’s team by visiting their website or check them out on Facebook, Twitter, YouTube, LinkedIn, and Instagram.WATCH OUT for their Prosperity Report, a roadmap for eCommerce and online business.  ------------------------------------------------------------------------------------------FacebookYouTubeInstagramEmail us --> support@firingtheman.LEAVE US A REVIEW!Ready to scale your Amazon business? Click here to book a strategy call.  https://calendly.com/firingtheman/amazon Support the show

Episode 63It’s been 6 months since Ken fired the man. In this episode, we have talked with Ken about his eCommerce business so far, the steps he took to balance his full-time job and business prior to firing the man, and the freedom of having control of his own time. He also shares this one regret in starting a business. What do you think is that regret?  Let’s listen to Ken’s Firing the Man journey to find out! [00:01 - 03:51] Opening SegmentWe introduce our topic for todayWhat’s the last 6 months been for Ken? [03:52 - 11:07] Before Firing the Man Don’t miss our interesting exchange about health insuranceHow much you should consider it before firing the man How Ken balanced his full-time job and eCommerce business then[11:08 - 19:46] After Firing the ManDon’t miss these tips from Ken in running your business Want some Amazon refunds? Check out GetidaPromo code: FTM400“What if firing the man doesn’t work for me?”Listen to Ken’s advice hereKen’s outlook about the future of eCommerce industry[19:47- 27:03] A 5-Star Experience Why small businesses fail Ken talks about the power of networkingWhat is Ken’s only regret in starting a business? [27:04 - 28:14] Closing Segment Final words Tweetable Quotes:“Surrounding yourself with like-minded positive people really helps.” - Ken Wilson“Nothing’s been more powerful for my life than knowing that I can take care of myself and my family on my own.” - Ken WilsonResources Mentioned:MastermindHealthcare.govClubhouseDaymond JohnGrant Cardone------------------------------------------------------------------------------------------Do you want to fire the man yourself? Send us a voice message and let’s see how we can help you! FacebookYouTubeInstagramEmail us --> support@firingtheman.LEAVE US A REVIEW!Ready to scale your Amazon business? Click here to book a strategy call.  https://calendly.com/firingtheman/amazon Support the show

Episode 62Francois Jaffres is a blackbelt in product sourcing. We have him in today’s episode to talk about his company, Noviland, and learn product sourcing tips that can elevate our businesses. Among other things, we have also discussed China and other potential manufacturers, common mistakes that Amazon sellers make, and the traits that separate successful entrepreneurs from the average ones. Let’s listen to Francois and learn from a product-sourcing blackbelt! [00:01 - 07:40] Opening SegmentLet’s get to know Francois JaffresAn entrepreneur at heart His journey to Noviland [07:41 - 16:12] A Pioneer in eCommerce  How Noviland became a pioneer in the eCommerce industryDon’t make these 4 common mistakes of Amazon FBA sellersExperienceCapitalSpeed Listen to learn the last one! [16:13 - 28:25] Why Sign Up For NovilandChoose Noviland because of these reasonsListen to Francois on how they optimize units in a containerWant some Amazon refunds? Check out GetidaPromo code: FTM400[28:26- 43:50] Should You Look Outside China? Answering Noviland’s Request for QuotationFrancois walks us through the process Are there any other viable manufacturers aside from China?Francois weighs in [43:51 - 48:13] Closing Segment Get to know Francois more in the Fire Round!What is the common denominator among successful entrepreneurs? Connect with Francois! Links below Final words Tweetable Quotes:“Grit is the number one component that I think I see from entrepreneurs that are successful.” - Francois Jaffres“We’re here to really be more as a partner rather than just another transactional platform that you used as a source or to find factories or to see production timelines.” - Francois JaffresResources Mentioned:AlibabaBook: BlitzscalingEmail francois@noviland.com to reach out to Francois or follow him on LinkedIn. Check out their website and get the best products for your business! Also visit them on Facebook, Instagram, LinkedIn, and YouTube.  ------------------------------------------------------------------------------------------FacebookYouTubeInstagramEmail us --> support@firingtheman.LEAVE US A REVIEW!Ready to scale your Amazon business? Click here to book a strategy call.  https://calendly.com/firingtheman/amazon Support the show

Episode 61Not all debts are created equal. There's good debt that can grow and scale your business and there's bad debt that can drive it to bankruptcy. David Kennedy of Parkside Financial joins us in this episode to tell us the risks and rewards of debts. If deployed correctly, debt can be a great investment for businesses. They just need to identify what assets they should have and the specific situation they need to be in before going to the bank and borrowing money. Let’s listen to David and demystify debts! [00:01 - 04:08] Opening SegmentLet’s get to know David KennedyHis path as a commercial lender The services offered by  Parkside Financials [04:09 - 14:06] Risk and Reward of Commercial LendingShould a company have debt?David weighs in The risk and rewards of commercial lending David explains the 5 C’s of credit[14:07 - 23:27] The Cushion You Need in Your Business Listen to David to know why their rates are attractive to borrowers The cushion that your business needsWant some Amazon refunds? Check out GetidaPromo code: FTM400[23:28- 34:45] The Bad Time For Debt Don’t miss this inspiring story from DavidWhat is Parkside Financial looking for in a client? The situation when debt is dangerous to use [34:46 - 39:08] Closing Segment Get to know David more in the Fire Round!Connect with David! Links below Final words Tweetable Quotes:“Debt can be dangerous when not deployed correctly.” - David KennedyAt the end of the day, it’s not balance sheets that pay you back. It’s people that pay you back” - David KennedyResources Mentioned:Dave Ramsey Book: Shoe DogBook: Ender's GameEmail DKennedy@pfbt.com to reach out to David and check out their website to know how you can leverage debts for your business. ------------------------------------------------------------------------------------------FacebookYouTubeInstagramEmail us --> support@firingtheman.LEAVE US A REVIEW!Ready to scale your Amazon business? Click here to book a strategy call.  https://calendly.com/firingtheman/amazon Support the show

Episode 60It’s official. David has fired the man. In this episode, David will talk about his rollercoaster journey in the last four years and the satisfaction that comes with arriving at the destination. This is a must-listen for those still in the “grind stage” and those who have not started their journeys yet. This is coming from two normal guys who just wanted to support ourselves and our families. We were also uncomfortable at first, probably just like you are right now. But we never gave up. We trusted the process, and now we’re here. Let’s listen to David and learn how he fired the man!  [00:01 - 02:22] Opening SegmentWe introduce our topic for todayDavid has officially fired the man! [02:23 - 08:10] A Memorable 20,000+ HoursWhat happened after David deleted his Outlook appDavid’s thoughts on leaving the public accounting spaceWhat excites David about going full-time in e-commerce?[08:11 - 16:44] Living With The DiscomfortDavid tells us the importance of learning in his previous full-time jobThe biggest amount of compensation that David has received Want some Amazon refunds? Check out GetidaPromo code: FTM400David’s main takeaways on his journey in firing the man [16:45- 21:11] “The Juice is Worth The Squeeze”We exchange insights about this “magical connection”We talk about this life-changing call we hadOur advice for people in the “grind stage”[21:12 - 23:11] Closing Segment Final words Tweetable Quotes:“We talk about ‘firing the man.’ If that’s your ultimate goal, consider changing who you work for if you feel you’re at a dead end job or you’re not learning anything.” - David Schomer“Those of you in the grind stage, keep grinding. The juice is worth the squeeze. It is such a good feeling.” - David Schomer“This is possible: to get your freedom, to take your freedom back and support yourself and your family...” - David SchomerResources Mentioned:Outlook------------------------------------------------------------------------------------------Do you want to fire the man yourself? Send us a voice message and let’s see how we can help you! FacebookYouTubeInstagramEmail us --> support@firingtheman.LEAVE US A REVIEW!Ready to scale your Amazon business? Click here to book a strategy call.  https://calendly.com/firingtheman/amazon Support the show