#294: Young family building an $800K Amazon business while keeping a full-time job
Silent Sales Machine Radio
Jim Cockrum
4.8 • 811 Ratings
🗓️ 2 July 2020
⏱️ 62 minutes
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| 0:00.0 | Hey, this is Jim. |
| 0:02.9 | Welcome to Silent Sales Machine Radio. |
| 0:05.3 | I've got a guest that we're going to have on the show here in just a couple minutes, |
| 0:09.6 | who is on his way to hitting $800,000 in sales this year. |
| 0:15.9 | His model started off as books. |
| 0:18.9 | He was just selling books, and he would get a lot of books and big orders |
| 0:23.7 | and take him to the warehouse and making about $10,000 in sales a month and it was good. And he's had a job |
| 0:31.6 | for most of the time too while he's been building his Amazon business, a sales job. So we're going to |
| 0:36.4 | go through the story with him. |
| 0:37.8 | But the cool part of the story to jump to the good parts of what you're going to learn today |
| 0:42.2 | is some of those things that he's experienced as he's grown from a smaller seller, |
| 0:46.6 | relatively smaller seller to one recent month was $180,000. |
| 0:51.0 | That was kind of a spike on the radar. |
| 0:53.6 | And he talks through why that happened, |
| 0:56.1 | how he found the cash to buy all that inventory, how he managed it, and where they're at now |
| 1:01.6 | and what they expect to do. He's working full-time with a career that has him traveling a lot. |
| 1:08.1 | And he's kind of leveraged that travel into finding unique places to source |
| 1:12.9 | inventory. He's got some very high-priced items that he's selling on Amazon, which is interesting. |
| 1:19.7 | He's buying things for around $300 and selling them for a few thousand. That's pretty cool. He gets |
| 1:25.5 | into that as well today. |
| 1:33.1 | But I just love that this is another young family with some young kids and some kids on the way and just a really neat future ahead of them as you think through. |
| 1:37.9 | They're doing this together. |
... |
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