4.8 • 805 Ratings
🗓️ 9 September 2021
⏱️ 84 minutes
🧾️ Download transcript
Today's guest is building an Amazon business that allows him to be home with his wife and son while living a flexible schedule that includes plenty of travel. He has been earning income online in different creative ways since 1995, but he calls the strategy taught in the ProvenAmazonCourse.com course the only system he's seen that's like "shooting fish in a barrel". After attending our conference in June a couple months ago (TheProvenConference.com) he implemented some of what he learned there and his business has really taken off as a result. He shares the details of how he finds all the great products he's selling as well as the tool he uses. He sold only about $6.5K in July this year and is expecting $90K in August just a month later at over 20% net margin. He started with only $1500 and has rolled his profits over into more inventory in order to grow. There are plenty of practical tips and loads of encouragement in this episode!
Episode guest: Mike Vifquain
Our YouTube channel episode: https://youtu.be/mFr4QH9xF-I
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0:00.0 | Hey, business building warrior. This is Jim. Welcome to Silent Sales Machine Radio. We have another guest today. This is one of those episodes where we turn on the video cameras so you can jump over to YouTube. There's a link in the show notes. If you're listening and you can watch it if you'd like. Most people just listen. And that's fine. It's just two guys hanging out talking to Amazon replans business. This is yet another replans success story. Our guest today, Mike, has, as we're |
0:30.8 | wrapping up August 2021, that's the month when right now as I'm recording this, and we still have |
0:37.4 | several days left in the month as I'm recording this. He just hit $80,000 in sales at about 20% profit margin. And he is so excited. He's already put $16,000 in the bank, in other words, from his Amazon business selling products that he's finding using the replan strategies that we teach in the proven |
0:56.6 | Amazon course. So if you don't have that course yet, if you haven't jumped in, this is yet |
1:01.4 | another person saying, hey, this stuff just works. Some of the things that stand out today from |
1:06.2 | this interview, I just recorded it. Now I'm doing the intro after the fact. But some of the things that jumped |
1:11.4 | out, this guy's been doing internet marketing and involved in internet business since the mid-90s, |
1:18.5 | which in dog years is like ancient history, right? Guys like me that have been around almost forever, |
1:24.3 | it seems like, you know, I'm 20 years into this. This stuff works that we're |
1:29.0 | teaching now. So I asked him that one of the questions is, hey, compare the opportunity now that you're |
1:34.7 | in with Amazon and the replant strategy, this business that you're building, compared to all the other |
1:39.7 | stuff you've been involved with. He's done it all. He's seen it all. He's worked for companies that do it. He's done it himself. And he tells us, and to summarize his comment, I loved it. He said, |
1:48.4 | Jim, I hope this isn't too much, but it's shooting fish in a barrel. If you follow the instructions, |
1:52.7 | if you do what you guys teach, it just works. The products are everywhere once you know how to see them |
1:57.5 | and look for them. And these opportunities have led now to some wholesale opportunities that he's talking about. |
2:03.2 | And I think it won't be long and he'll have some great private label rolling as well, |
2:06.8 | very organically stepping into these higher level, more risk type scenarios, if you will, |
2:15.3 | for Amazon sellers. |
2:16.6 | But the easy stuff, the low-hanging fruit is where he's at right now, |
2:19.8 | and he's having a blast with it. It hasn't been all roses and rainbows and cherries the whole way. |
2:25.8 | He's had some rough months. He's taken full months off at a time just to travel and enjoy the |
2:31.5 | outdoors with his family and comes back and lo and behold, |
... |
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