#794: Our weekly highlights and recap of powerful business lessons
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 2 March 2024
⏱️ 77 minutes
🧾️ Download transcript
Summary
In today's weekend episode we have highlights of a prior show.
We covered episode #763 From zero e-commerce experience to a multiple five figure biz in a few months.
The full episode can be heard at https://silentjim.com/podcast
This podcast features 53 year old twins Jerry and John, who have worked together for over 30 years! Jerry details how they found Jim Cockrum and what drew them to this community! John shares how they toyed with the idea of joining a “done for you program” but ended up not going that route - thankfully!
Jim reiterates how so many programs (about 98%) are scams and a quick way to lose money. Jim recommends a “litmus test” before joining any program and that starts with finding their community and hanging out with them for a while.
The guests share how they are doing both RA (retail arbitrage) and OA (online arbitrage). Jim talks about the “lightbulb moment” that happens when it clicks for new sellers. Jim mentions Podcast #744
The guests share how when they 1st started. They also discuss how more brands became ungated for them when they reached about $7000 in sales. The guests talk about how they primarily do FBA now that they have proof of concept that this strategy works! Jim and the guests talk about the analogy with sports when it comes to Amazon selling
The guest shares how he was skeptical going into his 1st conference because he is a “connoisseur of good leadership” Jim says that “leaders produce leaders!” and that leadership is a topic that he is very passionate about!
The guest shares, as a new seller, he feels that finding test worthy ASINs is the #1 priority and Jim wholeheartedly agrees! Repricers are discussed as well Jim talks with the guests what to expect as their business grows! He recommends looking into branded bundles . Jim reminds everyone that a rising tide raises all ships!
The guests ask Jim how he recommends increasing their sales to $100-$200k: Jim shares a Dave Ramsey principle about small businesses: The 1st person you hire should be someone who goes out and kills something and brings it back into the cave…”
The guests share their thankfulness for Jim, his community and all the available help. Jim shares how he views his work as a ministry and how he loves what he does! Jim says how he doesn’t want followers but instead success stories coming out of this community!
Jim has a discussion with vetted insurance agent Ashlin Hadden regarding insuring your Amazon business! This segment is packed full of information that all sellers should listen to!
Show note LINKS:
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training. The PAC is updated free for life!
Come meet your fellow listeners to this podcast, dozens of our coaches and hundreds of business building warriors at our live event in May. Tickets are on sale now! TheProvenConference.com/orlando/
My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE! Join 74,000 + Facebook members from around the world
Get a free business growth consulting session with an e-commerce consultant on our coaching team. Call: 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) or grab a slot on our calendar at https://SilentJim.com/bookacall
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, business building warrior. Welcome to the weekend update. If you're listening to this |
| 0:06.6 | episode right when it came out, it's Saturday. And what we'd like to do on Saturdays is still work. |
| 0:13.2 | A lot of us work six days and rest one. Hey, good enough for God. Good enough for us. That's the way |
| 0:17.7 | he created the whole universe, right? So we're working on a Saturday, |
| 0:27.1 | sure, but why not take along a great update, a podcast episode that we've gone back and reviewed from maybe two weeks, six weeks, six months ago. We've got hundreds of great interviews. |
| 0:33.0 | So what we do on the weekends is we go back, we find those great episodes that maybe |
| 0:36.2 | slips past your radar or some |
| 0:38.1 | of those great insights and tips and strategies from some of the successful students and just |
| 0:43.9 | kind of break it down into a little easily digested nuggets for your weekend update. So that's what |
| 0:50.9 | we're going to do today. And we're going to dive into that just a moment |
| 0:54.4 | after I make a couple of announcements. First, if you haven't got a free copy yet of the brand new, |
| 1:02.0 | all new, our 11th update of the silent sales machine book, this is the book that started this |
| 1:08.7 | podcast. It started our community, the 73,000 members of our |
| 1:12.8 | free Facebook group, our incredible events. It all started because I sat down and about 20 years ago |
| 1:19.0 | and wrote a book over a weekend. It was actually just a PDF report at the time. And it took off. |
| 1:24.7 | And it started this incredible movement that is now thousands of business building |
| 1:29.3 | warriors all over the world it wasn't because of anything that i did i was just making some |
| 1:34.4 | observations and sharing what others had taught me i kind of compiled the information into one place |
| 1:39.8 | with the premise of hey you can use the internet to grow the business of your dreams. |
| 1:45.5 | And here's the rules. I'm kind of discovering. Here's some of the things you should avoid. |
| 1:49.2 | I was discovering. And there was a group of us. We just kind of compiled this information and |
| 1:53.4 | kept learning new things. Well, I've updated it. And the 11th update is now available. |
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