#345: From nursing school to an $800K Amazon business
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 8 March 2021
⏱️ 52 minutes
🧾️ Download transcript
Summary
Today we hear from a husband and father who is building something special on Amazon. He's working with his parents and his brother on a family adventure. Our guest Spencer is a "JimCockrumCoaching" student who started selling on Amazon during college with less than exciting results. He was introduced to our community around the same time he began selling. Still, he was spending time in clearance aisles, taking lots of time, looking for items to flip all along treating his business like a side gig. As they began to grow their family and Spencer realized he was going to reach a ceiling in his medical career, he started taking his online ventures more seriously. Once he applied the strategies we teach, his business really took off! In 2020 Spencer and his team achieved $800K in sales at a 12% profit margin on Amazon primarily creating unique bundles from his wholesale suppliers. Remarkably, all of this was achieved while he was still working his nursing career in the middle of the worst of the covid pandemic. Today's Guest is Spencer Carlson
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Transcript
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| 0:00.0 | Hey, this is Jim, and you're listening to Silent Sales Machine Radio. Today's episode is one where we have a guest, |
| 0:08.2 | which means you can see us on YouTube as well, and you can go to SilentGim.com to get that link. If you're not watching us on YouTube already, |
| 0:16.8 | if you weren't aware, we've got a bunch of episodes on YouTube. Now, most listeners listen to this show on audio only. |
| 0:24.1 | So that's probably what you're doing right now, out doing what you're doing, thinking and driving, |
| 0:29.2 | or whatever it is that you're doing with your life while you're listening to our show. |
| 0:32.7 | So, hey, be careful, be safe, but there's a lot of great tips coming up on today's show, |
| 0:36.8 | and you're going |
| 0:37.8 | to want to take note of them because we're dealing with someone who has been transitioning |
| 0:41.6 | slowly from a professional career in the medical field over into full-time working on Amazon. |
| 0:48.4 | And that transition has been going really well lately. He just had a $100,000 month recently, |
| 0:55.7 | and they just had an $800,000 year. They're trying to get their margins up, but they've got really good, |
| 0:59.7 | reasonable margins, as you're about to hear about as well. They're building a real business. |
| 1:04.2 | And today's guest is Spencer Carlson. He is in the nursing field, and he and his brother |
| 1:10.7 | have built a great business together. |
| 1:13.2 | And you're going to really enjoy listening to his story. He kind of starts with college when he was |
| 1:16.9 | considering nursing and going through the process and goofing around on Amazon. And now that he's |
| 1:21.8 | been out a while, and he's got a family and some kids, he's made that transition over the past few |
| 1:26.8 | years. And now he's getting more serious |
| 1:28.4 | about it, even buying a warehouse. So it's a cool story. It's a very real story. We spent a little bit |
| 1:33.7 | of time talking about the reality of doing business in the COVID era that we're in right now. |
| 1:40.0 | What's it look like? What's it feel like? From the perspective of a nurse who's on a floor |
| 1:43.6 | that deals with COVID patients. So he's juggling both worlds, which is, I just found fascinating. |
... |
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