#550: Used only $200 to start & rolled it into paying off 10's of thousands in debt
Silent Sales Machine Radio
Jim Cockrum
4.8 • 811 Ratings
🗓️ 5 December 2022
⏱️ 60 minutes
🧾️ Download transcript
Summary
On today's episode we meet a medical professional who has paid off tens of thousands in student debt thanks to his Amazon REPLENS selling success.
He's scaled back his chiropractic clinic slowly over the past couple years because his ecommerce career is really taking off! He's a coaching student who has used the concepts from the ProvenAmazonCourse.com REPLENS training to build an incredible business.
After starting with only $200 to "test out the idea", and without using any other outside funds (including from his other business), he and his wife have rolled the proceeds from that initial tiny investment over and over and have now grown a beautiful business. They are seeing five figures per month net profit consistently, with their sites set on much bigger success as they implement the next growth strategies we discuss on today's episode.
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Show note LINKS:
Today's guest: Dr Josh (full name and identity withheld by request of the guest)
My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE! Join 70,000 + Facebook 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!
ProvenReplensVA.com - We find, train and assign a VA (Virtual Assistant) to work ONLY for you as a "Replen Hunting" specialist! Visit this website to learn more! This is the next step of Dr. Josh's journey as mentioned by Jim on today's episode.
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We've been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
ProvenWholesaleSourcing.com - this is the wholesale training content that Dr Josh mentions on today's show. The online course is lead by Rich Potter and his team and teaches you how to find a steady stream of new wholesale opportunities on Amazon. This course is free in the https://ProvenAmazonCourse.com
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated with new courses free for life!
If you'd like to go to Phoenix and meet Rich Potter's team and see his business up close (three days of training) please contact our coaching team! JimCockrumCoaching.com
SilentJim.com/updates - get an alert on your smartphone each time we have a new podcast episode!
Transcript
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| 0:00.0 | Hey, business building warrior. I've got a treat for you today. It's a guest in our community who has built an incredible business using the strategies that you've heard us talk about so many times on so many of these episodes. He's a proven Amazon core student. He's gone through a lot of our coaching and training over the years, past three years or so, he's built an incredible business. |
| 0:21.0 | But get this. |
| 0:22.2 | He's paid off a whole bunch of student debt because he's in the medical field. |
| 0:26.6 | I'll hear in just a moment. |
| 0:27.9 | He's looking to step away from his practice, which he enjoys, but he's doing so much better |
| 0:34.6 | with his Amazon business than he was with his medical practice that he's |
| 0:38.3 | strongly considering he's at a pivot point right now where he's going to go all in and step into |
| 0:42.9 | the world of Amazon. I think he's a future leader and trainer even in our community potentially. |
| 0:48.3 | Now for the sake of anonymity, he requested that we use his first name only. So I'm going to |
| 0:53.4 | introduce you to Dr. Josh here in just a moment. |
| 0:57.0 | Although there's some family ties. He's from the same area of the world that I'm in. He's actually helped treat a family member of mine. |
| 1:03.7 | And he talks a little bit about that as part of his story today. He just kind of kept bumping into people that knew about this community and it had heard what we do around here. |
| 1:13.1 | And he finally started trying the stuff that we teach. |
| 1:17.2 | And part of the story that I really loved today, and I didn't realize this until I interviewed him, |
| 1:22.0 | we've corresponded a couple times in the past. |
| 1:24.1 | But although he is a medical professional, he had a lot of debt as he shares |
| 1:29.1 | the list today that they just paid off. But he started this business without tapping into any of |
| 1:34.4 | his other income. He started with $200. He's never put any more money into this business. He's now |
| 1:42.6 | seeing great months as he shares in just a moment. He's got the |
| 1:47.7 | potential to see something even massively bigger in the near future, but he started with $200. |
| 1:54.3 | He never borrowed any money from his other business or put anything on a credit card. He just started |
| 1:59.5 | with that $200, rolled it over, |
... |
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