Welcome to the Sprint to Profit Podcast for Amazon Sellers. Today we’re going to talk about one of the key areas that you will need to focus on to take your business from a one-person show where you do everything and scale only at your own pace into a full business where you have a team helping you to grow your business in ways that you didn’t know were possible. To get time freedom in your life, you will need to hire strategically in your business, and that means, you need to hire the best talent you can at key points in the business’s life cycle.

We previously talked about the FREEDOM EQUATION (MONEY + TIME + ENERGY = FREEDOM). Neither time or energy are finite resources. You need to do something, which lets you recharge both of those things. One of the best ways to get more time and energy for this equation is to hire the right people to free up that time and energy for you.

To get some FREE training on what it takes to have a successful business to fuel your lifestyle, head to www.goteamreal.com to download our FREE training today. Also head to www.goteamreal.com/income to download your free INCOME calculator.

Talking Points:

• 00:23 - Hello and Welcome
• 05:30 - Breakdown of what we’re talking about today
• 07:25 - Set up processes that attract great talent every time
• 09:30 - Know what role you are hiring for and how to communicate that
• 13:00 - Being a creative leader for your business
• 15:15 - Be clear with your expectations and the visions of your company
• 16:45 - Hire employees who have potential and initiative
• 31:47 - Look in the right places for the best talent
• 35:21 - Have an onboarding and training process that sets employees up for success
• 38:30 - What you can do if you can’t afford a “big hire” yet
• 47:05 - Summary
• 47:50 - Conclusion

Resources/Links:

“Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork” by Dan Sullivan: https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151

“Clockwork: Design Your Business to Run Itself” by Mike Michalowicz: https://www.amazon.com/Clockwork-Design-Your-Business-Itself-ebook/dp/B078GDX7BP

Money/Time Investment Tool: https://www.goteamreal.com/smartgoal

Our Website: https://www.goteamreal.com/

Real Amazon Seller Facebook Group: https://www.facebook.com/groups/AmazonSellerRoundTable/

Quotes:

“Hire someone who has the ability to do MORE than the job you’re hiring for.” - Kirsty

“You also want to make sure you are looking in the right places to find the right people.” - Kirsty

“You have to be very clear about what role you are hiring for, and the applicants should understand what they are applying for.” - Isaac

“Now that they are hired, you have to make sure they know...

Welcome to the Sprint to Profit Podcast for Amazon Sellers.

There are an infinite amount of How-To’s you can TRY to achieve that MONEY goal, and if we’re not careful we can end up putting too much stuff on our plates, running out of steam and worst of all burning out. Today, we’re talking about our formula for freedom and how it can help you keep everything into perspective as you scale your business.

Do you remember WHY you started your own business? Are you checking in with your MOONSHOT VISION every day? Your business can quickly get away from you. It is important to check in with yourself, act resourcefully, be consistent, create leverage, and allocate enough funds for you and your business.

To get some FREE training on what it takes to have a successful business to fuel your lifestyle, head to www.goteamreal.com to download our FREE training today. Also head to www.goteamreal.com/income to download your free INCOME calculator.

Talking Points:

• 00:23 - Hello and Welcome
• 01:00 - Focusing on how to prioritize when you’re scaling your business
• 03:19 - Today’s topics
• 05:11 - Be energized about where you’re going and setting the vision for yourself
• 10:20 - Think BIG but act resourcefully so you don’t run out of money, time, energy
• 19:20 - Get a consistent product finding and launch sales process that you can repeat
• 24:30 - Create Leverage
• 31:06 - Allocate money to pay yourself, taxes and to keep operating the business with each disbursement
• 36:01 - Recap of all the points in this episode
• 37:55 – Conclusion

Resources/Links:

Money/Time Investment Tool: https://www.goteamreal.com/smartgoal

Our Website: https://www.goteamreal.com/

Real Amazon Seller Facebook Group: https://www.facebook.com/groups/AmazonSellerRoundTable/

Quotes:

“When we start a business, that’s what we do. We hustle. We grind. That’s what we need to do to get it moving.” - Kirsty

“This is about connecting to the big thing you want and acting resourcefully so you will be able to achieve your goals. And by resourcefully we mean: time, energy, and money.” - Kirsty

“Reverse engineer your day. It’s a good way to find out where you’re leaking time.” - Kirsty

“You want to set yourself up for a three year vivid vision. Now take those three years, move it up to a year, as see what you can shoot for in a year.” - Isaac

“Think about what the money should be doing for you. Why did you start this business in the first place?” - Isaac

Welcome to the Sprint to Profit Podcast for Amazon Sellers. In this episode, we are going to be speaking with Jimmy who is an Amazon seller that came to work with us in December 2020 and has gone through quite the transformation as an aspiring Amazon entrepreneur. Today we’re going to get his perspective on what it’s taken to get from where he started to where he is now, as well as what challenges he has had to overcome in order to find success.

At the end of the day, a life as a seller on Amazon is more work than most people imagine. Jimmy shares his story and insights so you can go into the business with the right mindset. Going into Amazon with the right expectations and mindset can be half the battle when it comes to finding success. Jimmy shares some of the lessons he has learned including the importance of looking around, learning from competitors, and understanding the numbers.

To get some FREE training on what it takes to have a successful business to fuel your lifestyle, head to www.goteamreal.com to download our FREE training today. Also head to www.goteamreal.com/income to download your free INCOME calculator.

Talking Points:

• 00:23 - Hello and Welcome
• 01:37 - Jimmy’s journey into Amazon
• 08:30 - Some of the hurdles Jimmy had to face
• 13:10 - The key challenges as growth happens
• 16:20 - Jimmy’s unique skills that helped him succeed in Amazon
• 20:42 - One thing that Jimmy had to change in order to build his business
• 23:00 - The importance of knowing your why
• 26:55 - Where Jimmy’s business is at now
• 30:20 - Resources that helped Jimmy
• 34:01 - Conclusion and Thanks to Jimmy

Resources/Links:

Money/Time Investment Tool: https://www.goteamreal.com/smartgoal

Our Website: https://www.goteamreal.com/

Real Amazon Seller Facebook Group: https://www.facebook.com/groups/AmazonSellerRoundTable/

Quotes:

04:02 - “Amazon was one of those things where I found it through searching and went to YouTube. I probably spent about 6 months diving as deep as surface-level YouTube can give you.” - Jimmy

10:12 - “You really have to pivot and make those hard decisions.” - Jimmy

15:45 - “When they say ‘All you need is $500 to start,’ it’s such cr*p. I started with twenty times that and I was still struggling and I have a lower priced item. You really have to understand, this is a real business.” - Jimmy

16:59 - “You have to be good with numbers, or learn to be good with numbers, or find someone that’s good with numbers. There’s a lot of numbers and you have to understand them.” - Jimmy