#560: Our weekly highlights and recap of powerful business lessons
Silent Sales Machine Radio
Jim Cockrum
4.8 • 811 Ratings
🗓️ 24 December 2022
⏱️ 35 minutes
🧾️ Download transcript
Summary
In today's episode we have all of the highlights of the prior week's shows including where to find the many resources mentioned! We covered episode #553 and #555.
Podcast #553 Retiring Soon and Building a Business For the Next Season with Amazon Replens
We talk about the software program Replen Dashboard - developed by Jimmy Smith and Karl Jacobi. Inventory management system that helps sellers determine how many products to replenish at a given time.
Fear of spending on inventory. Jim offers a "Hebrew lesson" - the word 'wisdom' has an element of knowing your numbers.
Discussion of debt, borrowing, credit, using capital to grow, Dave Ramsey (The Tortoise and The Hare Book) and Rabbi Daniel Lapin.
Sellers actually make their money when buying inventory
Discussion of guest's positive experience with Jim Cockrum Coaching Coach Leigha Modlin.
TheProvenConference.com has most up to date info re: conference. Looking to be a 3 day event, likely in July 2023.
Guest talks about her first Proven Amazon Conference experience. 3 day event with over 40 sessions - all speakers from our community!
Podcast #555 Ten Ways to Find Great REPLENS to sell on Amazon
Replen definition - a product you can sell over and over again on Amazon that can be easily sourced. Goal is to find underserved listings.
Tactical Arbitrage (TA) is another method we teach and is helpful in finding replens. OASimplified.com is the TA course that will be rolled into PAC down the line. Coaches Leigha and Jessica did this course.
Wholesale buying as a replen strategy. ProvenWholesaleSourcing.com was developed by Rich Potter and is part of PAC. Uses a tool called Smart Scout.
Good alternative to buy lists is the Proven Replens VA (PRV program). Jim's team finds, vets, trains, tests and tweaks the skill sets of the VAs for one seller! Not intended for new sellers as sellers need to "learn the ropes" first.
Jim discusses a new "BOT" strategy as an inventory hunting tool. Jim will be rolling this out in 2023.
Show note LINKS:
Smart Scout - SilentJim.com/SS for more info and a discount
Get Tactical Arbitrage with a FREE trial: https://jimc.biz/TA Once you understand how to find replens, TA can be a powerful add-on to your business!
Replen Dashboard accurately tracks product movement and trends to help you with buying decisions and inventory projections. https://replendashboard.com?lmref=jEcJkw
ProvenWholesaleSourcing.com Learn wholesale sourcing strategies from a multiple seven figure Wholesale seller
JimCockrumCoaching.com Get a free session with a business consultant on our team at 1-800-994-1792 or TEXT USA at 385-284-7701. ALL of our coaches are running very successful businesses
My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE!
ProvenAmazonCourse.com the comprehensive course that contains ALL our Amazon training modules. PAC is updated with new courses free for life!
Meet fellow listeners to this podcast, dozens of our coaches and hundreds of business building warriors at our live event! TheProvenConference.com
OAsimplified.com The online sourcing strategy sessions that were taught to hundreds of members LIVE a couple months ago.
ProvenReplensVA.com - We find, train and assign a Virtual Assistant to work ONLY for you as a "Replen Hunting" specialist!
SilentJim.com/updates - get an alert on your smartphone each time we have a new podcast episode!
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Merry Christmas Business Building Warrior. Welcome to our weekend update. This is the episode that will be |
| 0:08.0 | released the day before Christmas 2022. So I wanted to record a short Christmas greeting to you and yours. |
| 0:15.0 | My prayer for you and your family is that it's a beautiful season of celebration. I know for us in our house and for many of my |
| 0:23.0 | friends, Christmas is the most special time of the year. It is for Christians a celebration of |
| 0:29.4 | the very reason that our entire belief system exists, and that is the birth of Christ. That's what we |
| 0:36.8 | celebrate. So I hope that your celebration |
| 0:39.8 | is beautiful. I hope that you're surrounded by friends and family and that this is a time of |
| 0:44.4 | peace, celebration, relaxation. We've actually got a Christmas program that we're getting ready to go to. |
| 0:49.2 | That's why I'm a little more dressed up than normal as I record this, because we've got a |
| 0:53.5 | Christmas program coming up here shortly. |
| 0:55.9 | But it's been a beautiful year. I've truly enjoyed the role that you've allowed me to play. |
| 1:01.6 | It's something that I wouldn't be doing if it weren't for you. So I'm very grateful this podcast, |
| 1:06.4 | interviewing all these great students, these families from around the world who are building |
| 1:10.1 | beautiful businesses. |
| 1:11.6 | It's just a pleasure and an honor. |
| 1:13.6 | So if I've got a Christmas gift for you this year, it's just to remind you that, man, we're praying for you, we're with you. |
| 1:20.6 | We are supporting you. |
| 1:21.6 | Maybe Christmas season is difficult and dark, and I can relate to that. |
| 1:25.6 | A lot of times the holiday seasons are very, very difficult. |
| 1:28.3 | You know, we lost dad just before Christmas a couple years ago, unexpectedly. And it's made for a couple of hard Christmases, |
| 1:35.3 | but we still celebrate, still surrounded by people that we love, that we're so blessed to have in our lives, our families, some such great friends. |
| 1:45.9 | So on behalf of this entire team that brings this show to you, our 60 coaches, our content |
... |
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