#615: Top five lessons from 20 years of living on ecommerce income

Silent Sales Machine Radio

Jim Cockrum

Onlineincome, Ecommerce, Business, Fba, Entrepreneur, Entrepreneurship, Provenamazoncourse, Careers, Amazon

4.8 • 805 Ratings

🗓️ 3 April 2023

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After over 20 years of relying 100% on ecommerce for the only income for our family of seven, I've learned some invaluable lessons.

I spent some time thinking through the TOP 5 lessons today, and regardless of what business model you are pursuing I think you'll find some specific tips you can take to the bank on today's episode.

The theme is:

TRAFFIC, TESTING, TRIBE, TIME and TEACHING

Five big lessons that all start with the letter "T"

Watch this episode on our YouTube channel: https://youtu.be/gJ16ogEbYU8

Transcript

Click on a timestamp to play from that location

0:00.0	Hey, business building warrior. Welcome to Silent Sales Machine Radio. This is your host, Jim
0:06.3	Cockram. Thanks for hanging out with me today. This episode is going to cover the five lessons,
0:12.1	the five biggest lessons that I've learned after well over 20 years of having e-commerce
0:19.1	income as the only income for my family.
0:23.6	I saw a picture, you know, how Facebook reminds you of pictures you posted five years ago, ten years ago, that kind of thing.
0:30.6	And you'll see them pop up.
0:32.6	Well, one of the pictures that popped up on my feed here today, I'm recording this was a picture of my wife
0:38.5	and I standing in China in front of a large temple area I don't remember what it was called exactly
0:46.4	but we're there and 95% of the other people in the background in this picture are people who live
0:52.8	in China from China and they're seeing this you you know, the sights the same way we are. And the only blonde-haired kid
1:00.2	or blonde-haired person within viewing distance of anywhere, I remember that day very well,
1:06.0	was our son who was young at the time. He was probably eight, nine years old, and we were there
1:12.7	adopting his younger brother, Tai, who is from China, obviously. So if you didn't, we're
1:21.6	aware, we've got three adopted children, two biological children. So this is kind of the
1:26.8	story unfolding. Without diving into our family
1:28.8	history, suffice it to say that I was just remembering that that moment that we were able to travel,
1:36.0	it was so special for us because we knew that my business was continuing. I had complete
1:41.3	flexibility of schedule. The income was continuing regardless of whether I was in the
1:47.0	United States working behind a desk nine to five or if I just had internet access and I was in a
1:52.3	foreign country adopting a child. We had our business in our pocket at that point. I've enjoyed
1:58.8	that flexibility of lifestyle and our family has been built around that flexible schedule and we've done it for quite some time now. At this point, we've got two kids married, another one about to be married, only two left at home. And the reality's been we've homeschooled. We've loved flexible lifestyle. We do weather-based parenting even at times. If it's a nice day,
2:19.7	we'd go to the zoo, that kind of thing. The complete flexibility mixed with the opportunities of the
	...

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