#797: What are the greatest threats you face as an e-commerce and Amazon business builder?
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 7 March 2024
⏱️ 37 minutes
🧾️ Download transcript
Summary
Not all of our ProvenAmazonCourse.com students go on to build beautiful businesses. While we are quite proud of the fact that THOUSANDS of sellers point to our coaching and content as having helped them build something special, and we are also proud to mention that we've interviewed hundreds of them on our podcast- the truth is, it doesn't always work out!
While there are endless reasons why any business can ultimately fail, there's a common theme we've noticed among Amazon and e-commerce warriors who don't quite make it. I'd venture to guess that just about anyone who has "taken a shot at it" and come up short likely faced one or more of the threats we'll talk through on today's episode and failed to overcome it.
It's good to be informed and avoid these common threats to your success!
Watch this episode on our YouTube channel: https://youtu.be/bwucLsc3uXU
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Show note LINKS:
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, business building warrior. Welcome to Silent Sales Machine Radio. I'm your host today, Jim |
| 0:06.7 | Coughram. Thanks for doing this with me today for hanging out for a few minutes. I hope to make |
| 0:11.1 | your business better, put more money in your pocket by the time we're done having this conversation |
| 0:15.6 | today. I'm definitely going to give you some things to think about because after having coached |
| 0:20.0 | nearly 10,000 students in e-commerce over the past 20-plus years, with the same coaching director, by the way, Nathan Bailey's been with me for a couple decades, which is unheard of in e-commerce. |
| 0:33.9 | Hopefully that means something to you. Surely, even if we're incompetent, we've learned some lessons by now, right? |
| 0:40.0 | Having taught that many people, it's got to be something to said for volume, right? |
| 0:44.5 | We've survived. |
| 0:45.4 | We've got thousands of success stories. |
| 0:47.4 | You've heard hundreds of people interviewed on our podcast as we've talked to them about their very real stories and their journeys. |
| 0:54.1 | But what stands out to us as the biggest threats? |
| 0:57.6 | I've observed a lot of patterns. |
| 0:59.9 | I don't come up with a lot of brilliant observations until I've had some time to survey the landscape. |
| 1:06.1 | And a lot of times it has to hit me in the face 10, 15 times before I notice it. |
| 1:09.9 | But wow, there's a very common set of threats, |
| 1:15.5 | most of which are perceived threats that don't actually exist. |
| 1:19.5 | But threats, nonetheless, that can keep you nervous and scared |
| 1:23.1 | and a little tentative and timid maybe about attacking an e-commerce business. |
| 1:28.4 | So I was going to talk through those today. |
| 1:30.0 | Just tell you some of them that we heard over the years. |
| 1:32.8 | A lot of them are nonsensical. |
| 1:34.6 | A lot of them are things that people worry about that are never going to happen. |
... |
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