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#556: Our weekly highlights and recap of powerful business lessons

#556: Our weekly highlights and recap of powerful business lessons

FromSilent Sales Machine Radio


#556: Our weekly highlights and recap of powerful business lessons

FromSilent Sales Machine Radio

ratings:
Length:
49 minutes
Released:
Dec 17, 2022
Format:
Podcast episode

Description

In today's episode we have all of the highlights of last week's shows including where to find the many resources mentioned! We covered episode #550 and #552.   #552 College Prof pursuing PhD while building a beautiful AZ Replen https://silentjim.com/podcast   Jim warns the listeners about selling closeout or return products because there is significant risk due to there being no chain of custody in the event of an IP complaint.    Jim discusses how permanent suspensions are so slim that it isn’t really worth worrying about but it is essential to keep your account in good standing.    Jim discusses many ways to search for products because each one yields different search results: Amazon seller app vs Amazon customer app and Amazon shopping app on phone vs .com website on desktop.    Jim discusses the definition of replens as well as criteria for finding good replens.    Jim discusses Keepa. Suggests listening to episode #369 which is a deep dive into Keepa. There is also a 20min Keepa video within the MST Facebook group where Jim shows how to use Keepa.    Jim discusses OA Simplified course that is coming to PAC soon. OAS.com.    Jim discusses a special offer for Sellerboard at $15/month. silentjim.com/numbers for more information.   Jim dives into some business principles he believes - “The degree to which you make your business about relationships is the degree to which you are going to have success.” and “Is it even possible to run a business without improving the lives of others?” The blending of ministry and business - Jim discusses how there is no delineation between serving in business and serving in ministry. A Hebrew based lessons in this episode is pulled from the book "Business Secrets From the Bible" by Daniel Lapin   Jim recommends a book called Evangelpreneur by Josh Tolley.    Jim talks about building relationships when growing your virtual Amazon business and how important this is.   Jim discusses the benefits of hiring someone local to help pack and ship vs hiring a prep center. Jim mentions website: prepcenternetwork.com   Guest talks about some “hacks” - buying on Amazon and reselling on Amazon (cannot use a Prime account to do this). Using Amazon to get ungated in categories. Do NOT return products to Amazon after getting ungated - sell on another platform instead.    #550 Used Only $200 to start & rolled it into paying off 10's of thousands https://silentjim.com/podcast   Jim highly recommends the book: The E-Myth by Michael Gerber and reminds the listeners to “Only do the things that only you can do.”    Jim talks about having someone else source your products as this is one of the first tasks that can be delegated in the listener’s business. It can be accomplished by either hiring a VA or training a VA yourself. He then talks about hiring a shopper and how each incremental step of delegation is beneficial so the listener can function as the owner of the business not self employed.     Jim says the most powerful lever that a seller can bring into their business is a VA for about $4/hour.    Jim mentions OA Simplified - it is its own website and course but will be rolled into the PAC at the start of 2023.    Jim talks with the guest about getting a plan in place going into the new year and how to scale his business   Guest shares transparently about his insecurity in comparing himself to others. Jim shares how George Bush Jr. says, “If I’m the smartest one in the room, I’m in the wrong room.” Business owners need humility to be able to step aside and allow themselves to be small enough to let others help and do their part too.    Guest mentions “BHAG” - “Big Hairy Audacious Goal” to bring his wife home from her healthcare insurance   Surround yourself with others who are working to accomplish the same or even bigger goals. A great place to start is at our annual live event TheProvenConference.com   Our latest sponsor! Check out
Released:
Dec 17, 2022
Format:
Podcast episode

Titles in the series (100)

Join thousands of other documented successful entrepreneurs who have learned to launch or grow thriving online businesses using cutting edge strategies for Amazon, Amazon FBA, eBay, self-publishing, online marketing and other proven online strategies as taught by author Jim Cockrum of SilentJim.com. As arguably the all time best selling author in the world on the topic of creative online business launch and growth strategies, Jim's constantly updated "Silent Sales Machine" book has launched countless success stories. Are you next? This podcast is for anyone who is looking to build or start an online business the RIGHT way with advice from one of the most trusted names in online marketing. Bio: JImCockrum.com