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He Has Created Over 27 E-commerce Millionaires & Manages Over $100M In Annual Revenue

He Has Created Over 27 E-commerce Millionaires & Manages Over $100M In Annual Revenue

FromLeveling Up with Eric Siu


He Has Created Over 27 E-commerce Millionaires & Manages Over $100M In Annual Revenue

FromLeveling Up with Eric Siu

ratings:
Length:
37 minutes
Released:
Jan 2, 2021
Format:
Podcast episode

Description

He Has Created Over 27 E-Commerce Millionaires & Manages Over $100M In Annual Revenue
Today we’re joined by Seth Kniep, the co-founder and CEO of Just One Dime, a coaching company for Amazon and e-commerce sellers. He explains what prospective students can expect from the structure of the courses and his manner of coaching, and shares some strategies for scaling a coaching business and keeping your family life thriving when your business takes off. 
 
TIME-STAMPED SHOW NOTES:

[00:41] Before we jump into today’s interview, please rate, review, and subscribe to the Leveling Up Podcast!

[00:45] Seth shares the incredible story behind the name, Just One Dime.

[01:19] How Seth’s philosophy relates to Dave Ramsey’s and Robert Kiyosaki's ideas. 

[02:06] Hear how Seth sold his first e-commerce company for $35 on eBay.

[03:05] How he started doubling his dime and got up to $400 just by asking random people. 

[03:51] Getting into Amazon FBA and using the $400 to start selling cremation urns. 

[04:29] Making over $1 million in 12 months with the store and investing in real estate. 

[05:34] Using his Amazon profits to buy new products and reinvest in the business. 

[07:10] How investing in real estate can help you legally reduce your tax liability. 

[09:16] The importance of developing your accounting knowledge and understanding it. 

[10:40] The value of having a tax and wealth strategist to help you manage your money. 

[11:08] Managing over $100 million in Amazon revenue and the big brands they work for. 

[12:02] Learn how their model works for training other people to run Amazon businesses.

[14:37] More about their training program and what students can expect from the coaching. 

[17:45] What it would cost to have an Amazon business set up and for you to be trained. 

[19:02] Find out whether Seth ever has equity in some of the businesses they help build. 

[19:34] Seth explains why he expanded to do courses in addition to e-commerce. 

[22:40] The importance of creating videos and getting a team in scaling your coaching. 

[24:50] Taking ownership of your issues before you can truly help others and grow a brand. 

[25:34] How their team and coaches are structured in the coaching business.

[27:01] Seth shares why it is important to “date” your wife to keep the spark alive. 

[29:19] Their family commitment to buying a property anytime they go somewhere new.  

[31:02] Seth shares his favorite business tool and book and explains why. 

 

Resources From The Interview:
 


Seth Kniep on LinkedIn 


Seth Kniep Email 

Just One Dime

Just One Dime Courses


Dave Ramsey 


Tom Wheelwright 


Robert Kiyosaki  

Kevin Harrington on Twitter

 
Shark Tank
 

BMW

Front

Juno

 

Must-read book: The Goal 

 
 
Leave Some Feedback:
 
 

What should I talk about next? Who should I interview? Please let me know on Twitter or in the comments below.

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Connect with Eric Siu: 
 
 

Growth Everywhere

Single Grain

Eric Siu on Twitter

 
 
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Released:
Jan 2, 2021
Format:
Podcast episode

Titles in the series (100)

Leveling Up is a weekly interview series with entrepreneurs and marketers on the latest in business and marketing. Learn actionable strategies & tactics on how you can make your business grow and mistakes to avoid during your journey. Learn from individuals who have founded billion dollar companies to best-selling authors. Entrepreneur and host Eric Siu also shares insights and learnings along the way.