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Selling on Amazon with Andy Isom

#166 - How do you build up inventory when cash flow is limited?

Selling on Amazon with Andy Isom

Andy Isom | Amazon FBA Seller & Agency Founder

Amazon, Business, Amazonfba, Selling, Marketing, Entrepreneurship, Personalbusiness, Productbusiness, Ecommerce, Onlinebusiness

4.9816 Ratings

🗓️ 1 August 2022

⏱️ 18 minutes

🧾️ Download transcript

Summary

In this episode, I discuss how to build up inventory when cash flow is limited. Don't try to go faster than what you can sustain. Keep in mind that it's better to grow slower and sustainably.

 

My big tip is that you have to reinvest everything back into your business.

 

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https://andyisom.com/

 

Some products and resources mentioned in this episode may no longer be offered. Please visit my website or DM me on social media for currently available downloads, resources, and coaching programs!

Transcript

Click on a timestamp to play from that location

0:00.0

This is where the cash flow issue comes into play.

0:04.1

Let's say you've sold through 500 units, but you haven't really made a profit off those first 500 units because you're not profitable with your ad spend.

0:12.1

In fact, you may be bleeding a little bit of money and that's affecting your, you know, overall payment.

0:16.0

So you go to your Amazon account.

0:17.3

You look at your, you know, your deposit of like what you should be getting paid.

0:20.8

You've sold 500 units, but you're only getting paid $30 from Amazon.

0:24.0

So you're like, what the crap?

0:25.9

Where's all my money?

0:32.9

You're listening to another episode of Selling on Amazon with Andy Isom.

0:38.8

How do you build up inventory when cash flow is limited?

0:43.0

Let me paint a picture here really quickly.

0:44.8

This is a question that came from one of the students in my coaching program.

0:48.6

And kind of the situation here with this student is they have a budget right to start this

0:53.0

business like a lot of you may have

0:55.3

maybe you already have the money set aside like let's say you already have 10,000 cash

1:00.5

sitting in the bank and that's your budget to get this business going you have no plans to

1:05.2

invest more money into the business at this point right maybe down the road who knows but

1:09.5

at this point that's your 10 000 budget to work. Or maybe you might be in a situation where you have $2,000 in the

1:15.9

bank, but you have $1,000 of income coming in every month that's disposable that you can

1:21.2

put towards your business. So you plan on, you know, kind of funding it that way month over month,

1:25.6

adding money to your budget as you need to. Well,

1:28.7

with this particular student, you know, they have their budget. And it's more of the budget of I got

...

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