#357: Coaching student sells nearly $50K his second full month on Amazon
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 22 April 2021
⏱️ 69 minutes
🧾️ Download transcript
Summary
Today's guest was encouraged by his parents to go to school, get good grades and find a good career. He did it, but he wasn't fulfilled so he decided to launch his own business. That business took off quickly and became a $100,000,000 business, but it dominated his time and energy and he wanted to be home instead instead of feeling like he was "owned" by the business he'd started. He did research in hopes of finding a business model that allowed him to have the lifestyle he dreamed of. He wanted flexibility, to be able to work from anywhere, and to have a scalable business that gave him full control. In his research he found this podcast (an earlier episode) and quickly got hooked.
That brings us to just a few months ago when he joined our JimCockrumCoaching.com coaching program. In just his second full month of selling on Amazon he nearly sold $50,000 on Amazon using our "replens" strategy. He's found over 500 profitable products that are selling well for him! He's now in his third full month and while his "team" consists only of he and his wife, they have big plans! Today's guest: Khang Dang from Houston
Show notes:
https://ProvenAmazonCourse.com - the course that Khang started with - Our best selling course for anyone any experience level of seller (newbie to pro). This course has every module we teach included.
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 62,000 + members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world
ProvenReplenTraining.com - intensive one-on-one rapid replen coaching
Our coaching program - We've been creating ecommerce success stories with our coaching program since 2004! Get details at https://JimCockrumCoaching.com
Rabbi Lapin's book: Business Secrets From the Bible https://amzn.to/2SnJbkN
Rabbi Lapin's Podcast https://rabbidaniellapin.com/podcast/
The Oscar episode Khang heard that inspired him at https://SilentJim.com/podcast
Look for Episode #218 which is Oscar's first appearance on the show and Episode #301 which is Oscar's update. Both inspired Khang to reach his goals!
We have many more episodes at the Silent Jim link, also!
Keepa : The service we use to help interpret all of the selling data https://get.keepa.com/ede41
Don't miss an episode! Get smartphone alerts! Visit SilentJim.com/updates for details
Transcript
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| 0:00.0 | Hey, this is Jim. Welcome to Silent Sales Machine Radio. We've got an awesome episode for you today with a guest who I'll bring on just a moment. The story this guy has blew me away. I didn't know anything about his business story, his numbers, where he was at. He joined our coaching program just a few months ago. |
| 0:23.4 | So this interview is happening. This episode happened middle of February, 2021. Towards the end of the |
| 0:30.4 | year in 2020 is when he got started. His first partial month was November of 2020. So we're talking |
| 0:37.1 | just a few months into his journey at this |
| 0:39.2 | point. And he just had a $50,000 month. Literally his third month, he nearly hit $50,000 in sales |
| 0:46.7 | on Amazon at a very healthy margin, 70% plus margin. Or excuse me, that's his ROI. |
| 0:58.5 | Incredible numbers that this guy's putting up very, very quickly. |
| 1:05.6 | And he actually stepped away from a $100 million business in order to start doing Amazon because he wanted the flexibility. |
| 1:08.1 | He wanted to be able to make decisions on his own time to work when he wanted to work and not work when he didn't want to work wanted to be able to make decisions on his own time to take to work |
| 1:12.1 | when he wanted to work and not work when he didn't want to work, to be able to take his business |
| 1:15.5 | with him anywhere in the world and have it continue operating and functioning. And he's got all |
| 1:19.5 | that with his Amazon business. And he literally walked away from a hundred million dollar business |
| 1:23.8 | that he was running. He owned it. It was his. And he sold his share and got out of it |
| 1:28.4 | and discovered Amazon Replins. Yes, this is another Replins episode. And you'll hear from the guest |
| 1:35.7 | today. He had no idea what Replins were. He heard us talk about it on the podcast and that's how he |
| 1:39.8 | got started in our community was this podcast that you're listening to right now. And he heard his talk about |
| 1:44.7 | replins and he didn't know what it was and he figured it out and he describes it today. So if you're |
| 1:49.5 | still wondering, what is this replins thing? Well, today Kang tells us exactly what it is from his |
| 1:55.5 | vantage point. And I think the more times you hear it, the simpler it gets. Don't overcomplicate |
| 2:00.7 | this business |
| 2:01.3 | model. The fact is, there are millions of products that you could be selling on Amazon right now |
| 2:07.3 | that are easily sourced off of store shelves and off of online shopping that you could be sending |
... |
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