The Amazon FBA Private Labeler Show

Listen to this podcast where I discuss 3 simple tips and strategies that you can implement in your Amazon FBA business to help you succeed in 2020 and beyond.

Welcome To Episode #142 of the Amazon FBA Private Label Show Podcast!

In this episode I talk with Kara Atchison where we discuss tips on how to deal with overseas factories for maximum success. 

Listen to this Amazon FBA Podcast!

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Tips For Dealing With and Sourcing From Chinese Factories w/Kara Atchison - EP142

 

Dealing with factories and suppliers to get your products made exactly to your specifications can sometimes be overwhelming as a business owner. If you have been having poor experiences when trying to work with factories then check out this episode as we will be discussing some really great tips and ideas on how you can confidently guide yourself through the production process with the factories that you are working with. 

CONNECT WITH KARA ATCHISON

Linked In 

Lone Star Technology 

 

 

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Tips For Dealing With and Sourcing From Chinese Factories w/Kara Atchison - EP142

In this episode I dive into 4 different Amazon FBA selling models and discuss the pros and cons of each to help you determine what model is best for your goals.

Welcome To Episode #140 of the Amazon FBA Private Label Show Podcast!

In this episode I chat with Greg Mercer from Jungle Scout where Greg and I share tips and Amazon Q4 strategies to help you succeed. 

Listen to this Amazon FBA Podcast!

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Maximizing your Holiday Sales - Amazon Q4 Tips with Greg Mercer EP140

If you want to have a wildly successful Q4 selling on Amazon then you need to have a strategy and a plan to maximize sales and profit. Amazon just gets bigger and better every year and this Q4 selling season will no doubt be the biggest ever. The opportunity for Amazon sellers to absolutely crush it and make tons of money is all right in front of us. In this episode I am joined by Greg Mercer from Jungle Scout where we break down and share important Amazon Q4 Tips and strategies to help you maximize sales and profit. 

IMPORTANT DATES: 

• Black Friday - November 29th
• Cyber Monday - December 2nd
• November 6 - for Black Friday and Cyber Monday
• December 3 - for the holiday gift-giving season 

 

KEY TAKEAWAYS FROM PODCAST 

 

GET SMART WITH INVENTORY 

One of the most important components of having a successful Q4 is to have a strategy around your inventory. You need to find a fine balance of having the right inventory in order to maximize profits. If Amazon sellers have too much inventory stored at Amazon FBA then you will eat up all your profits with the sky high storage fees that Amazon charges in Q4. If you don't have enough then you could run out of stock in the middle of the madness and lose out on sales and profit as well which is no fun. 

• Analyze your products historical sales data to determine how much inventory you will need to be comfortably in stock
  • If this is a new product then analyze your competitions historical sales data
• Consider storing your inventory at an off-sight warehouse and then drip feeding it into Amazon FBA as needed. 
  • Or store inventory at your house if possible and drip feed into Amazon FBA as needed

OTHER KEY POINTS

• If you have a gift-able item then consider optimizing your listing to highlight that.  
  • Add pictures to showcase your item in a holiday setting
  • Consider adding video to highlight that your item makes a great gift for the holidays 
  • Update your sales copy to highlight that it makes a great gift
• Tighten up your Amazon PPC ads campaigns NOW
  • Consider increasing your PPC spend during key times during Q4
  • Expand your campaigns and cast a wider net 
• Make sure you are running coupons and appropriate promotions as customers are deal shopping
• Build your own email list or Many Chat audience to drive traffic to your offers
• Raise your prices if your competition runs out of stock so you can maximize profits
• Increased sales and traffic on Amazon usually stays strong well into January and February 
• Make sure to place your inventory orders at the end of December to ensure orders are completed before suppliers shut down for Chinese New Year

Having success in Q4 on Amazon is all about preparation. Put the work in now and reap the rewards later. When you use a platform like Amazon FBA they will take care of the heavy lifting for you. So after you get done listening to this podcast I would recommend you sit down in silence and sketch out a plan of attack. Then immediately take action on one of those action points to build momentum. 

To your Q4 success! 

 

GREG MERCER - JUNGLE SCOUT

Greg Mercer is and Amazon seller and the founder of Jungle Scout. Greg and his team at Jungle Scout have been a very valuable asset to the Amazon seller community for many years. Check out the Jungle Scout training resources for more in depth content and knowledge. 

Jungle Scout on You-Tube

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RESOURCES MENTIONED IN THIS EPISODE:

ManyChat – This is the number one chat bot platform for Facebook Messenger marketing. You can use Many Chat to help you build audiences to help you launch products and get reviews. When you have a ManyChat audience you have a powerful asset that you can keep using to help you build and grow your business. Messenger open rates are typically over 80% compared to about 20% for e-mail.

Jungle Scout Chrome Extension – An piece of software that allows you to quickly do product research on Amazon like a pro. The Jungle Scout chrome extension has saved me TONS of time when looking for new product ideas. It’s a MUST for anyone who is getting started in selling physical products on Amazon. I highly recommend Jungle Scout and it’s the first tool I ever purchased years ago when I first got started. SEE MY JUNGLE SCOUT REVIEW HERE:

SAVE $$$ BY USING MY SPECIAL LINK –>PLS LISTENER DISCOUNT – Chrome Extension

–>>EXCLUSIVE JUNGLE SCOUT BUNDLE OFFER LINK – Chrome Extension + Web App

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If you felt you got any value out of this podcast, then please support me with an iTunes review. It's simple to do! Just click here to head to iTunes and leave an honest rating and review of the podcast. Every review helps!

Maximizing your Holiday Sales - Amazon Q4 Tips with Greg Mercer EP140

Welcome To Episode #129 of the Amazon FBA Private Label Show Podcast!

In this episode I share tips and strategies to help you crush and dominate Amazon Prime Day 2019. 

Listen to this Amazon FBA Podcast!

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How to Prepare for and Dominate Amazon Prime Day 2019 - EP129

Amazon Prime Day 2019 is right around the corner. This year will be bigger and better than ever. Do you have a plan or are you winging it and hoping for the best? Amazon Prime Day is a great chance for sellers to push a ton of sales and make lots of money. I want you to succeed so I put together this podcast to help you crush it this year. To maximize Amazon Prime Day 2019 it's all about planning and preparation.

I want you to succeed this Prime Day. Here are just a few key things you can do to ensure you are set up for success this year. 

When is Prime Day? - TBA - sometime in mid July

1. INVENTORY
   • It's important to audit your inventory levels so you don't run out of stock coming out of Prime Day. You will be selling more product than normal so plan accordingly. If you are running a lightning deal or any other special offer then you will need to make sure you have enough inventory not just for that promotion but for when Prime Day ends. Audit your inventory right now and make sure you have the correct levels and place new orders right now as needed. 
2. PROMOTIONAL OPPORTUNITIES ON AMAZON 
   • This year Amazon has created several great promotional opportunities for us to run deals and maximize exposure for your products. 
   • Lightning Deals - If you were lucky enough to have a lightning deal scheduled then get ready for a wild ride.  You will be pushing a ton of units. Enjoy!
   • Amazon Coupons - If you submitted your Prime Day coupons before June 14th then Amazon may be giving your product special Prime Day placement for extra exposure. 
   • Amazon Prime Exclusive Deals - Set these up by July 5th to run special sales on your products and receive a special Prime Day badge to highlight your offer. 
   • Be careful not to run a lightning deal and coupon at the same time. This can seriously eat into your profits. 
3. FRESHEN UP YOUR LISTINGS 
   • Prepare now to clean up your listings to ensure they are in top shape before Amazon Prime Day 2019
   • Upgrade your images as needed
   • Split Test your main image
   • Add Enhanced Brand Content to maximize conversions 
   • Add video to maximize conversions 
   • Audit your search terms and back end keywords to ensure you are optimized
   • Use the Jungle Market to outsource this process 
4. USE YOUR OWN AUDIENCE TO DRIVE EXTERNAL TRAFFIC  
   • Plan and outline all communications with your audience
   • Send your audience a message or email a few days before Prime Day begins to get them prepared and excited
   • Send multiple communications and emails to your audience throughout the week
   • Be creative and have fun with your audience 
5. DON'T HAVE AN AUDIENCE?
   • You still have time to build your own audience via email, Many Chat, or social media
   • Listen to podcast EP 122 with Michelle Barnum Smith for help in building your own Many Chat audience 
6. WORK WITH INFLUENCERS TO DRIVE EXTRA TRAFFIC 
   • Identify 2-3 influencers with an audience that align with your products and brand
   • Reach out to them now to discuss a partnership for Amazon Prime Day 2019
   • Create excitement and use their audience to drive traffic to your offers
   • Find influencers using Famebit.com
7. GET YOUR PPC IN SHAPE 
   • Spend time now optimizing your PPC Campaigns 
   • Clean up and kill off any keywords that are not performing 
   • Consider raising your campaign budgets for Prime Day
   • Consider raising your bids for top keywords 
8. PREPARATION IS KEY 
   • Sit down and craft a plan on a sheet of paper. Identify what you need to do each day to set yourself up to win Prime Day
   • Failure to plan will lead to a mediocre Prime Day

What are some tips and strategies you can share to make Amazon Prime Day 2019 a success? Please comment below or join the Facebook group to keep the conversation going. Lets help each other succeed this year! 

 

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RESOURCES MENTIONED IN THIS EPISODE:

Jungle Scout Market – Hire pre-vetted Amazon experts to help you build, run and grow your Amazon FBA business. Created by the Jungle Scout team.

For all other resources and tools that I use in my Amazon business please see the resources link.

 

SUBSCRIBE TO THE SHOW!

 

I NEED YOUR HELP!

If you felt you got any value out of this podcast, then please support me with an iTunes review. It's simple to do! Just click here to head to iTunes and leave an honest rating and review of the podcast. Every review helps!

How to Prepare for and Dominate Amazon Prime Day 2019 - EP129

Welcome To Episode #128 of the Amazon FBA Private Label Show Podcast!

In this episode I share a quick story about running out of stock while selling on Amazon FBA and how to handle it if it happens to you. 

Listen to this Amazon FBA Podcast!

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How To Handle Running out of Stock While Selling on Amazon FBA - EP128

If you've been selling online long enough then you are more than likely gonna run out of stock while selling on Amazon FBA. Let's be honest it sucks. Thinking about all the missed sales and profit is no fun and also thinking about your product dropping off in the rankings will drive most sellers crazy.

What should you do though if you are going to run out of stock on an item you  are selling? Should raise the price to slow down sales a little bit? Should you lower the price to spike sales and conversions? And once you run out of stock should you close your listing out as many in the community said you should do? 

These are all great questions and I have certainly shared my opinions on them in the past. I have also ran out of stock while selling on Amazon FBA more times than I would like to admit. Recently I ran out of stock on a good selling product and was without inventory for over 2 months. I never closed the listing or anything like that. Once I got back in stock the product went back to it's normal selling levels within a week. This is with just running PPC on the product. Nothing else. This really changed my perception about running out of stock while selling on Amazon. My thinking is that if you have a great selling product then you can easily bounce right back with minimal effort. 

 

My Results: 

• Out of stock for over 2 months
• Started getting sales right away with PPC
• Moved to the bottom of page 2 for the main keywords within 2 days
• Moved to the bottom of page 1 for the main keywords within 5 days
• Moved to the middle of page one for the main keywords within 7 days
• Everything back to normal selling levels within a week

My Opinion:

I have ran out of stock many different times and have tried lots of different things each time to experiment. My current opinion is that you should just run out of stock naturally. Then once you get back in stock you can just run your PPC campaigns to start getting sales. If you have a good product and the market hasn't really changed then you should bounce back quickly. If you want to do things like closing out your listing as many sellers do then go ahead. I don't necessarily think that it matter either way. If you want to run some extra traffic by giving a coupon out to your e-mail list or Many Chat audience then do that. I just don't think it's necessary. Simply running Amazon PPC should be effective enough to get re-ranked and selling again. 

Reasons I have ran out of stock before:

• My shipment was seized by customs for 2-3 weeks
• My factory had machines break down for weeks which delayed my order
• Severe weather and blizzards delayed shipments

Tips to help you maintain stock at all times:

• Place larger orders to receive a lower cost per unit
• Send in inventory to Amazon FBA to last you 1.5 - 2 months
• Send in extra inventory to a nearby warehouse that can drip inventory to Amazon FBA as needed
• Know your factories holiday schedule each month so you can plan orders accordingly 
• Always have capital to place an immediate second inventory order on new products to maintain momentum 

 

JUNGLE SCOUT CONTEST UPDATE!

A winner has been selected. Make sure you check your You-Tube comments to see if you were the winner! Also make sure to subscribe and stay tuned to the podcast for future giveaways and promotions. 

 

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WANT ACCESS TO A FREE AMAZON TRAINING COURSE?

RESOURCES MENTIONED IN THIS EPISODE:

Jungle Scout – An piece of software that allows you to quickly do product research on Amazon like a pro. Jungle Scout has saved me TONS of time when looking for new product ideas. It’s a MUST for anyone who is getting started in selling physical products on Amazon. I highly recommend Jungle Scout! SEE MY JUNGLE SCOUT REVIEW HERE:

SAVE $20 BY USING THIS SPECIAL LINK –>PLS LISTENER DISCOUNT – Chrome Extension

EXCLUSIVE JUNGLE SCOUT BUNDLE OFFER LINK

Welcome To Episode #127 of the Amazon FBA Private Label Show Podcast!

In this episode I share 6 common mistakes that many Amazon sellers are making when in the Amazon FBA product research phase. Don't make these mistakes! 

Listen to this Amazon FBA Podcast!

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6 Common Amazon FBA Product Research Mistakes Sellers Make - EP127

Over the years I have seen many sellers make the same critical makes when in the Amazon FBA product research phase. They may use tools like Jungle Scout to help them come up with potential product ideas but they fail to fully validate the idea. Then later after they launch the product on Amazon the product doesn't sell like they expected. This can be demoralizing as all your hard work and investment goes down the drain. It's critical to go the extra mile to ensure that the product your are going to be selling on Amazon is set up for success.

 

6 common mistakes that many seller are making in the Amazon FBA product research phase: 

 

1. FAILING TO KNOW YOUR NUMBERS AHEAD OF TIME
   • You need to know what your total profit per unit is going to be after a sale
   • How much is it to make per unit?
   • What are the shipping costs going to be?
   • What are your potential taxes and tariff when shipping?
   • What are the Amazon FBA or Small and Light fees going to be per unit sold?
   • How much is your listing or product images going to cost?
   • What are the marketing costs going to be with your launch?
     • Use the Jungle Market or Marketing Words to outsource your listing creation
2. TRYING TO REINVENT THE WHEEL 
   • Only sell product that are in demand
   • Avoid product that have no or low demand
   • Avoid selling products that require to much customer education before purchase 
   • Don't get to cute or creative with your Amazon FBA product research ideas. 
3. AVOID SELLING ITEMS THAT EASILY BREAK 
   • Avoid selling items made of glass, takes batteries, is electronic
   • Sell products with few moving parts
   • Lower the risk for customer returns and disappointment
4. FAILING TO PROPERLY EVALUATE THE ENTIRE MARKET
   • Don't just evaluate the top few competitors. 
   • Evaluate the entire first page of competition
   • Understand how sales are being spread among all the top sellers
   • Check listings for potential external traffic feeding sales
   • Evaluate and check sales history over a long period of time using a tool like the Jungle Scout Web App
5. AVOID PRODUCTS THAT ARE HYPER COMPETITIVE
   • Focus on under the radar opportunities 
   • Find products that are doing $5-$8K in revenue with low competition and high margin 
   • Focus on launch and selling "singles" that could lead into doubles, triples or home runs. 
6. AVOID SELLING PRODUCTS THAT MAY HAVE PATENTS OR OTHER LEGAL RESTRICTIONS 
   • If you come across a product that is doing very well and it has minimal competition the product may potentially have a patent protecting it
   • Check to make sure you can legally sell products without issue
     • Use the USPTO site or similar to check for patents

------------------------------------------------------------------------------------------------

 

 

 

Want to get entered to win a license for a Jungle Scout chrome extension?

1. Subscribe to the Private Labeler Show Podcast on You-Tube and hit the notifications bell
2. Like this video and comment "I want Jungle Scout"
3. I will pick one lucky winner soon!

Here is the Snook I caught on my recent fishing expedition in the Gulf of Mexico. Work hard play hard! 

 

 

Not a member of the Facebook Mastermind group yet?

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WANT ACCESS TO A FREE AMAZON TRAINING COURSE?

RESOURCES MENTIONED IN THIS EPISODE:

Jungle Scout – An piece of software that allows you to quickly do product research on Amazon like a pro. Jungle Scout has saved me TONS of time when looking for new product ideas. It’s a MUST for anyone who is getting started in selling physical products on Amazon. I highly recommend Jungle Scout! SEE MY JUNGLE SCOUT REVIEW HERE:

SAVE $20 BY USING THIS SPECIAL LINK –>PLS LISTENER DISCOUNT – Chrome Extension

EXCLUSIVE JUNGLE SCOUT BUNDLE OFFER LINK

Welcome To Episode #126 of the Amazon FBA Private Label Show Podcast!

In this episode I give you 8 Amazon product research tips to help you find better products to sell on Amazon FBA. 

Listen to this Amazon FBA Podcast!

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8 Great Amazon Product Research Tips For Success - EP126

Most Amazon sellers struggle with product research and choosing either their first product or their next product. Perhaps they have had a few products fail in the past and they are hesitant now and don't want to fail. We've all been there. In this podcast episode I put together 8 Amazon product research tips and strategies that you can use to help you find great products to sell on Amazon FBA. 

I always recommend that you use a great Amazon product research tool like Jungle Scout to help aid you in this process. You need a good tool to help discover product opportunities as well as help you validate and verify critical data on Amazon. 

AMAZON PRODUCT RESEARCH TIPS

• Pick boring products
  • There will be less competition selling products that aren't exciting 
    • Focus on Arts and Crafts, Office Supplies and Storage
• Think Sub Niches
  • Most sellers don't dig deep enough to find odd or unique categories that you need to drill deep down into. This is where the gold is. 
• Sell products that are easily gift-able
  • You can charge more and stand out when your product is gift-able
    • Explore selling gift-able products for retirement, weddings, bachelor parties, mothers day, fathers day, etc...
• Use Google Trends
  • Use the filters and search bar to dig to find what ideas, topics and products are currently trending
  • Pay attention to pop culture and what's happening in the news
    • Gender reveal products, re-usable straws and bags
• Facebook Groups are pure gold
  • Join lots of Facebook groups for niches that you are interested in
    • Be a fly on the wall and observe what people are talking about
    • What products are other sellers trying to promote in these groups?
• Join deal sites and groups that other Amazon sellers are using to launch products
  • Pay attention to products that are being launched and avoid commonly launched products 
• Use Pinterest and Etsy for Amazon product research ideas
  • Use the filters to find popular topics and products
  • You will find unique items with these platforms
• Use niche websites
  • Get off of Amazon and use Google to find leading niche websites 
    • Explore their best sellers, featured products and unique items they are selling

-------------------------------------------------------

 

 

 

Want to get entered to win a license for a Jungle Scout chrome extension?

1. Subscribe to the Private Labeler Show Podcast on You-Tube and hit the notifications bell
2. Like this video and comment "I want Jungle Scout" 
3. I will pick one lucky winner on June 5th!

 

 

 

Want to attend SellerCon in Las Vegas with me this June?

===>>Get a special 30% off on your admission ticket with this link

Why attend?

• Get the latest and greatest strategies to help take your business to the next level
• Network with other Amazon sellers
• Hear from successful business celebrities 

I hope to see you there! 

 

Not a member of the Facebook Mastermind group yet?

Join here!<----------

WANT ACCESS TO A FREE AMAZON TRAINING COURSE?

RESOURCES MENTIONED IN THIS EPISODE:

SAVE $20 BY USING THIS SPECIAL LINK –>PLS LISTENER DISCOUNT – Chrome Extension

EXCLUSIVE JUNGLE SCOUT BUNDLE OFFER LINK

Welcome To Episode #125 of the Amazon FBA Private Label Show Podcast!

In this episode I share my opinions and thoughts on some of the recent Amazon seller account suspensions and the use of Amazon launch services. 

Listen to this Amazon FBA Podcast!

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My Thoughts on the Amazon Account Suspensions and Launch Services - EP125

Recently you may have heard of some reports going around about sellers getting their Amazon accounts suspended by Amazon. It appears that some of these violations were from rank manipulation from the use of Amazon launch services. In this podcast I share my thoughts and opinions on the subject and I also share my advice on launching products on Amazon in the current climate. 

WHAT I THINK: I think Amazon is looking to detect larger scale manipulation and sometimes smaller sellers get caught up in the web. I would however make sure you aren't doing anything at scale to show up on Amazon's radar. If your product has tons of deeply discounted sales attached to it now I think that sends up red flags to Amazon. It's best if things appear natural to Amazon so suddenly getting 100 reviews on a brand new product may not look natural to Amazon and could lead to issues with your ASIN and account. 

If you are using an Amazon launch service and are still having great results with getting your product rank then proceed with caution going forward. Ultimately just be safe so you can protect your account from any issues. 

IF YOU WANT TO USE AMAZON LAUNCH SERVICES: 

• Contact the site or service and ask them about their process for launching products
  • Who are their buyers?
  • How do they distribute your links?
  • How do they distribute your codes?
• If the Amazon launch service says they are within Amazon TOS then take that with a grain of salt. 
  • They may have been compliant in the past but not anymore as Amazon changes their system and guidelines. 
  • Try to avoid launching to professional freebie deal seekers.
  • Ultimately you are responsible for your account activity 

MY ADVICE: 

I think the best route forward for any Amazon seller is to build your own audience that you can launch product to. That way you control everything and you are building a real asset that you can keep using again and again. 

You should either be building your own e-mail list or ManyChat list. Both are great and have their advantages. 

 

If you haven't yet please check out Episode 122 where Michelle Barnum Smith breaks down ManyChat for Amazon sellers. It's a must listen. 

==>>How To Launch and Rank Amazon FBA Products Using Chatbots-ManyChat – EP122

Free ManyChat Training Webinar – Click Here To Watch 

 

BASIC LAUNCH STRATEGY:

PPC - Target a handful of relevant long-tail keywords in a exact match campaign.  

Email/ManyChat - Segment and launch to your audience. Full Price, 15% off, 25-50% off

Use Influencers - Use Famebit to find influencers 

Early Reviewer Program - Use to have Amazon help you get the first 5 reviews. 

 

Not a member of the Facebook Mastermind group yet?

Join here!<----------

WANT ACCESS TO A FREE AMAZON TRAINING COURSE?

RESOURCES MENTIONED IN THIS EPISODE:

For all other resources and tools that I use in my Amazon business please see the resources link.

Amazon Messenger Bot Club – This is full chatbot training from Michelle Barnum Smith where she teaches Amazon sellers exactly how to setup and use chatbots and Manychat to launch, rank and grow your Amazon FBA business. She gives you all the exact templates needed and all you have to do is put them in place. She did all the work for you already!

Free ManyChat Training Webinar – Click Here To Watch 

Free ManyChat Build Subscribers Giveaway campaign – Click To Get

Click Funnels – If you want to build landing pages and sales funnels to help you collect email addresses and explode your business then Clickfunnels can do that for you. Click funnels is mine and many other e-commerce sellers secret weapon to driving more sales and growing our business.

* Start today with a 14 day free trial!  

Sign up for a FREE TRIAL today!

Aweber – The most popular email opt-in service and e-mail broadcasting service.  I use Aweber for all my newsletters and mailing lists and have been a customer for the past 5 years. If you are trying to build an email list for your business or your brand then this is the service I recommend as it works well with your landing page software like Leadpages or Clickfunnels.

SUBSCRIBE TO THE SHOW!

 

I NEED YOUR HELP!

If you felt you got any value out of this podcast, then please support me with an iTunes review. It's simple to do! Just click here to head to iTunes and leave an honest rating and review of the podcast. Every review helps!

My Thoughts on the Amazon Account Suspensions and Launch Services - EP125

Welcome To Episode #124 of the Amazon FBA Private Label Show Podcast!

In this episode I talk about the dark sides and negative aspects of being an online entrepreneur that nobody talks about in our community.  

Listen to this Amazon FBA Podcast!

[powerpress]

The Dark-sides of Entrepreneurship and Selling on Amazon FBA - EP124

Quitting your job to start your on online business can be a very exciting thing. Selling on Amazon FBA can be very financially rewarding and can literally change your life. There are a lot of positives to being your own boss and working from home. While the freedom to travel and live the laptop lifestyle often appears glamorous for many reasons there are actually a lot of drawbacks and negatives that you need to be aware of.

In this podcast I share some of the dark sides of becoming an online entrepreneur. Most people in our community don't often talk about these things so I figured I would share my point of view on the topic. 

TOPICS DISCUSSED: 

 

ENTREPRENEURSHIP IS LONELY 

• Lack of daily human interaction
• Traditional employment offers more daily interaction and socializing 
• Depression is high for entrepreneurs
• Work in coffee shops, co-working spaces and attend meetups 

 WORK LIFE BALANCE IS HARD

• Being a business owner requires lots of time commitment 
• Work to build a schedule that allows for free time as needed
• Have designated work areas and non work areas in your house 

BEING YOUR OWN BOSS IS NOT FOR EVERYONE

• You need to create your own structure and plan your time wisely 
• Holding yourself accountable can be challenging 
• Working for a traditional employer creates automatic structure and accountability 

MISC ISSUES

• You need to buy your own healthcare coverage which can be expensive 
• Poor eyesight and poor health from sitting and staring at a screen all day
• It's important to schedule time to exercise weekly 
• Your health is your wealth 

 

Not a member of the Facebook Mastermind group yet?

Join here!<----------

WANT ACCESS TO A FREE AMAZON TRAINING COURSE?

RESOURCES MENTIONED IN THIS EPISODE:

For all other resources and tools that I use in my Amazon business please see the resources link.

Tax Jar – This is by far the most popular software tool that helps sellers collect and file sales taxes. It integrates smoothly with all the popular selling platforms such as Amazon and Shopify. I currently use Tax Jar for online sales tax collection and filing.

Sign up for a FREE TRIAL today!

SUBSCRIBE TO THE SHOW!

I NEED YOUR HELP!

If you felt you got any value out of this podcast, then please support me with an iTunes review. It's simple to do! Just click here to head to iTunes and leave an honest rating and review of the podcast. Every review helps!

The Dark-sides of Entrepreneurship and Selling on Amazon FBA - EP124