#493: Five mini lessons that put more cash in the bank
Silent Sales Machine Radio
Jim Cockrum
4.8 • 811 Ratings
🗓️ 20 July 2022
⏱️ 24 minutes
🧾️ Download transcript
Summary
On today's mini-midweek episode I share some easily avoided pitfalls that it REALLY pays to avoid. You'll earn more if you pay attention to these simple lessons, and ignoring them could spell trouble! I'll talk about misconceptions, small thinking vs big thinking, proper partnerships, avoiding hobby mentality and the power and possibility of having multiple income streams.
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Transcript
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| 0:00.0 | Hey, business building warrior. Welcome back to silent sales machine radio. This is your host, Jim, |
| 0:07.1 | and I've got an episode today where it's just me, possibly a shorter episode, although I'm not |
| 0:12.6 | sure how long it will take for me to make the points that I'm going to make today. Hey, one little |
| 0:17.3 | tip for you if you listen to this show regularly, you may not realize, especially if you're listening on iTunes, for example, you can speed the audio up. |
| 0:28.0 | Now, I don't suggest going too fast because I start to sound like Alvin and the chipmunks, |
| 0:33.5 | but you can certainly get through these episodes a little more quickly if you'd like. |
| 0:38.0 | And there's a feature where you can speed the broadcast play up. |
| 0:42.0 | So if that's something of interest to you, that works for all podcasts. |
| 0:45.5 | I don't know if you've ever noticed that or not, but I tend to listen at 1.25 or 1.5 speed. |
| 0:52.0 | And you can save yourself some minutes, get through some great content, because as you |
| 0:55.5 | probably know, you can listen a whole lot faster than anyone is capable of talking. |
| 1:01.6 | That's a great way to consume the content with a little more efficiency. So hopefully that |
| 1:05.8 | tip helps you out. Okay, so let's talk about some of the mistakes I see people making when evaluating |
| 1:13.8 | Amazon businesses or e-commerce businesses. They're trying to decide what they want to do, |
| 1:21.3 | what approach they want to take, where they want to spend their time, what kind of business |
| 1:24.5 | they want to build. And here's some very common mistakes. |
| 1:28.3 | Having seen thousands and thousands of students come through our courses and programs, |
| 1:33.0 | I've been doing this for 20 years. We've had over 7,000 high-end coaching students at this point. |
| 1:39.8 | Who makes it? Who doesn't? What mistakes are common? I think if you can avoid some of the common |
| 1:46.9 | mistakes and you pay attention to the good advice and information, you are most likely to end up |
| 1:52.8 | in a very, very good position. So let's start with some of the newbie mistakes. Maybe you're |
| 1:58.5 | new to this community. Maybe you're not convinced yet. You're still |
... |
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