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Silent Sales Machine Radio

#294: Young family building an $800K Amazon business while keeping a full-time job

Silent Sales Machine Radio

Jim Cockrum

Entrepreneurship, Business, Careers

4.8811 Ratings

🗓️ 2 July 2020

⏱️ 62 minutes

🧾️ Download transcript

Summary

Today you'll meet a coaching student who has used the concepts from the ProvenAmazonCourse to build an incredible business that is on track to hit $800K this year.  He shares some powerful sourcing strategies that have never been shared before as well (like how he scouts for products using only Amazon.com!) This young couple started out selling books on Amazon, but they found it to be a grind. They transitioned to our "replens" model and began to build a stable business that has them setting their sites on being full-time working from home by early next year! Guest Brandon MIzell  Listen to all episodes at SilentJim.com/podcast
 
What our episode on YouTube
 
Replens course only: ProvenAmazonCourse.com/replen
ProvenAmazonCourse.com (contains full replens course)
Jim mentioned a list of great selling items during Covid. Here's the list on our MST Facebook group. (You can join for free)

Transcript

Click on a timestamp to play from that location

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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