Interested in building your own Amazon business in partnership with 7 and 8 figure Amazon Sellers?
If so, apply for your free consultation with Joie Roberts and the AMZ Insiders' team of experts here => www.amzinsiders.org/apply?sl=fp
In this episode of the Fearless Sellers podcast, host Joie Roberts speaks with Nathan Hirsch, founder of EcomBalance, about the importance of bookkeeping and tracking profits and losses in Amazon businesses. Nathan shares his experience of selling $25 million on Amazon from 2008 to 2015 and emphasizes the significance of focusing on the unsexy parts of business, such as hiring and bookkeeping. He also mentions the struggles entrepreneurs face in reading balance sheets and cash flow reports.
[00:01:20] Importance of bookkeeping.
[00:03:40] E-commerce bookkeeping is hard.
[00:06:51] Selling clothes on Amazon.
[00:07:03] Financial transparency in business.
[00:10:43] Outsourcing finance for businesses.
[00:14:09] E-commerce baby product business.
[00:18:13] Finding Virtual Assistants.
[00:23:32] Starting Outsource School.
[00:26:57] VA hiring process.
[00:28:03] Bookkeeping for e-commerce sellers.
Contact Joie on Instagram: @JoieRoberts.official
Interested in building your own Amazon business in partnership with 7 and 8 figure Amazon Sellers?
If so, apply for your free consultation with Joie Roberts and the AMZ Insiders' team of experts here => www.amzinsiders.org/apply?sl=fp