Welcome to the Sprint to Profit Podcast for Amazon Sellers. This week we are going to be speaking with Cyndi Thomason who is an author and ecommerce accounting professional. She is the author of the book Profit First for Ecommerce Sellers, which is a licensed offshoot of the popular Profit First book from Mike Michalowicz, and she is here to today to talk about how you can transform your Amazon business from Cash-Eating Monster to a Money-Making Machine as her book’s subtitle suggests.

In today’s episode, Cyndi gives us her insights, based on her Profit First framework, on questions about accounting and finances, when to create new products, and simple things that sellers can do to improve their business right now.

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:

Resources/Links:

Bookskeep website: https://www.bookskeep.com/

Cyndi’s gifts for listeners:  https://v59v3chz.pages.infusionsoft.net

Profit First for Ecommerce Sellers: https://www.amazon.com/Profit-First-Ecommerce-Sellers-Money-Making/dp/0960028315

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:

08:05 - “You know it really is a whole different way of looking at your financials and what you look at in your financials.” - Cyndi Thomason

14:50 - “Who would wait a year and four months to see if they can pay themselves?” - Cyndi Thomason

15:14 - “What comes first in our thinking is what gets paid attention to.” - Cyndi Thomason

15:50 - “When there’s less in the bucket, we get more creative about things.” - Cyndi Thomason

37:45 - “I think one of the most dangerous situations is when people have a lot of money.” - Cyndi Thomason