#1065: Lessons from my 20+ years of watching sellers rise and fall. Tools, tactics, tragedies and time.

How do you keep yourself from making big mistakes in your pursuit of building a business online?   How do you keep yourself from going TOO SLOW, or being TOO DISTRACTED, or using the wrong tools?   Unless you have great answers to all those questions, you'll benefit from today's episode where I unpack some incredible success stories and the PRINCIPLES that will put more money in the bank - and I show you how to MEET and INTERACT with 100's of others who have done exactly that!   Watch this episode on our YouTube channel here: https://youtu.be/I0wsNuHNt3w   Show note LINKS: 3pmercury.com/friends - The best price anywhere on 3PMercury.com subscription   SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.   My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 82,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!   SilentJim.com/mistakes - The common mistakes new sellers make if they aren't trained by qualified coaching or courses   SilentJim.com/nearme  - The post where we can meet up with other like-minded folks. You will need to join the free Facebook group to utilize this tool.

Is your Amazon business stuck on the “buy, sell out, start over” ride? Ed Dassey was right there until a hard look at consistency, cash flow, and simple systems flipped the script.   In this conversation, Ed shares how he went from a sporadic side gig to $260K in 2020, nearly $500K the next year, and now heading toward $1M in revenues. You’ll hear what finally ended the feast-or-famine cycle and why he now manages to a spend goal instead of chasing revenue. You’ll also get the mindset shift that killed his imposter syndrome and the three words he uses to run the whole operation: Source. Ship. Sell.   You’ll learn: The #1 mistake that keeps new sellers stuck (and the simple fix that creates traction). Why weekly and monthly spend are better leading indicators than revenue and how to set a realistic spend goal. How Ed scaled OA with tools like Keepa, AZInsight, Tactical Arbitrage, Source Mogul, and Nepeto before rehiring VAs the right way. Practical ways to track expenses from day one so cash doesn’t quietly leak out. A resilient mindset for when Amazon throws curveballs, plus the quote Ed leans on when things get tough: “What you think about, you bring about.”   If you’d like to work with Ed, reach out to the coaching office. Just come ready to roll up your sleeves ;)   Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: "Is it true that IP complaints are really no big deal?"   Watch this episode on our YouTube channel here: https://youtu.be/Oa0eaCttTyM   Show note LINKS:   SilentSalesMachine.com - Text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online (US only) or visit https://silentjim.com/free11   SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.   My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 82,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!   Tools we suggest - Revseller: ProvenAmazonCourse.com/revseller  Tactical Arbitrage: SilentJim.com/365 (Tactical Arbitrage is now owned by ThreeColts) AZinsight : SilentJim.com/ip/ Nepeto: SilentJim.com/oaleads Leads list: SilentJim.com/oac - One of Jim's favorite leads lists

They sent their first shipment about six months ago, and last month they had their first $11,000 sales month! They have great margins, a great system and the love their coaching from our team!   They also loved their kickstart experience - SilentJim.com/kickstart   That's the group coaching class that helps new ProvenAmazonCourse.com students get through the setup phase quickly and send their first shipment.   He shares where he finds his inventory, his schedule, and all the details of the tools he's using.   Check out our sponsor for this episode: eCommerce Accounting LLC Cindy Smith's Proven Accounting Training inside our Proven Amazon Course has helped thousands of you, and her team can handle your books completely, plus help with income tax prep and tax planning. Remote, professional, eCommerce-focused. Visit bit.ly/ECAMeet to schedule a time with her team today.   Watch today's episode on our YouTube channel here: https://youtu.be/iXYOdphr_Co   Show note LINKS:    3pmercury.com/friends - The best price on 3PMercury.com software   SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.   My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 82,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!   SilentJim.com/kickstart - The low cost step-by-step group coaching classes for new ProvenAmazonCourse.com students   SilentJim.com/keepa - The service we use to help interpret all of the selling data. Keepa is discussed in depth on episode 369 at https://silentjim.com/podcast   SilentJim.com/numbers - Sellerboard   SilentJim.com/oaleads - Nepeto ASIN research tool   SilentJim.com/ungating - A great article in our Facebook group about "ungating" for new sellers   Today's guest Shayne Major  

For over 10 years, I’ve given some pretty hardlined advice in regards to the use of "leads lists" and "buy lists" for Amazon sellers. My basic advice has been to only use them if you are extremely experienced or flat-out crazy.   These lists are compiled by those who claim they've "done the research for you," and you can just go purchase everything on the list and make money! Baloney!!   Today, I explain why I am now fully on board with using leads lists if you have the budget for them!   What's changed? I'll explain in the episode, but the bottom line is 3PMercury and ProvenAmazonCourse.com training have caused a disruptive earthquake of opportunity for sellers!   Leads lists are now paying off in big ways for those who know how to use them properly. I explain how to use them properly on today’s episode.   Watch the episode on our YouTube channel here: https://youtu.be/tXvwJDijZwI   Show note LINKS:   SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.   My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam  Join 82,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!   3pmercury.com/friends- The best price anywhere on 3PMercury.com subscription   SilentJim.com/oac- My favorite leads list    

It’s easy to get hooked on those gold bars in your Amazon seller app, the quick sales, the dopamine hit, the “I’m really doing this” feeling. But what happens when the screen refreshes at the end of the month and the profits aren’t there? In this Coach’s Corner episode, Brian and Robin Joy dig into the difference between chasing sales volume (the empty calories of your business) and building around high-quality, profitable ASINs (the meaty beasts that actually feed you long-term). You’ll hear: Why lowering prices for more sales can quietly starve your profits The common trap of comparing your “gold bars” to everyone else’s highlight reel How to use the Profit Profile coaching session to see what’s really happening in your margins The mindset shift from incremental growth to exponential breakthroughs Practical ways to hunt for ASINs with real staying power instead of chasing every small win If you’ve ever felt like you’re working harder but not getting ahead, this episode will help you reset your focus—and start building a business that actually pays you. Special guest at the conclusion of today's show, Jeff Schick of https://JeffSchick.com answers the question: "Are Walmart policies changing and maturing?"   Watch this episode on our YouTube channel: https://youtu.be/VgoJPAapSSc   Show note LINKS:   SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.   My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam 100% FREE! Join 82,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model with two courses available on this topic alone. The PAC is updated free for life!   SilentJim.com/thesystem  - (aka as 3P Mercury) - The complete workflow software we created on our team. "The System" automates your Amazon reselling/wholesale business the same way Khang (the creator) automated his $3million reselling business and made it HANDS FREE!   SilentJim.com/kickstart - If you want a shortcut to learning all you need to get started then get the Proven Amazon Course and go through Kickstart.            

The most powerful tool for Amazon and Walmart sellers (3PMercury) just keeps getting better! We are conquering UNGATING challenges, giving away a free on-screen calculator to our loyal audience only (others will soon have to pay!) - and now we are even going INTERNATIONAL!   Hundreds of sellers in our community are now automating the vast majority of the process of running their Amazon reselling businesses using the tool that was born in our community of sellers and is being shaped daily by the input of successful sellers who listen to this podcast.   I'm talking about 3PMercury software!   Today we spend time with Khang Dang - he's the founder of 3PMercury who has been on our show several time - most notably in episode 754 which is my personal favorite. Today he shares several great updates on what's been recently added to this increasingly POWERFUL tool that's giving sellers an almost unfair advantage in the Amazon/Walmart reselling game!   We also discuss updates on the FREE 3PMercury sourcing calculator/extension and talk about how you can lock in free-for-life access (no credit card required and no feature restrictions!) before we begin charging for it. Why pay for a competing tool when you can have the 3PMercury extension for free?   Also discussed: > the latest training content for sellers who want to automate their business with 3PMercury as taught at the recent TheProvenConference.com virtual conference > some killer updates on UNGATING > and finally big announcements on the INTERNATIONAL OFFER for 3PMercury - we are going global within days! The software will soon work in multiple non-US markets!   Watch this episode on our YouTube channel here: https://youtu.be/gAVW3qZrsU4   Check out our sponsor for this episode: eCommerce Accounting LLC Cindy Smith's Proven Accounting Training inside our Proven Amazon Course has helped thousands of you, and her team can handle your books completely, plus help with income tax prep and tax planning. Remote, professional, eCommerce-focused. Visit bit.ly/ECAMeet to schedule a time with her team today.   Show note LINKS: 3pmercury.com/friends - The best price anywhere on 3PMercury.com subscription 3pmercury.com/extension   TheProvenConference.com - The recent virtual and live conferences are now BOTH included free inside the ProvenAmazonCourse.com library! Get the latest 3PMercury strategies on several of the virtual conference sessions.   SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.   My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 82,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!    

How has 3pmercury.com changed the game so quickly for resellers who are "in the know"? Why do NEW SELLERS on Amazon have an advantage over those who've been doing it a while? What are the two simple steps to success that we now have available to us as Amazon sellers? How is this simple approach producing so many new student success stories?   All this plus a brief overview of why we've never been more excited about Amazon reselling than we are RIGHT NOW! Each weekend we share timely new/announcements followed by an overview for our newest of listeners to help them understand why we say RIGHT NOW is the best time to jump into the ever expanding pool of opportunity on Amazon as a reseller!   Show note LINKS: SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.   My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 82,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!   SilentJim.com/mistakes - the common mistakes new sellers make if they aren't trained by qualified coaching or courses   https://3pmercury.com - the tool that has reduced reselling to two simple steps https://3pmercury.com/friends - the best price anywhere on 3PMercury software https://3pmercury.com/extension - free on screen calculator for Amazon and Walmart sellers      

There's a reason we start all new Amazon sellers in our community with the same proven, time tested, low risk, low cost, high odds of success model. It works. It's the core new seller model taught in our award winning ProvenAmazonCourse.com training and our coaching.   What is that model? Filling the underserved and unstocked shelf space at Amazon's 100s of warehouses in the US with common, boring and easily sourced inventory is simply a beautiful, expansive and fully automatable biz model - as evidenced by the 100s of success stories on our show!   But many new sellers go down different paths and regret it... What are the common paths that new sellers go down, and what are the risks and challenges of each of them? We talk about wholesale, private label, selling used books, thrifting and clearance aisle sourcing among other models and explain why they all pale in comparison to starting out with selling replenishables sourced easily online of from any authorized retailer.   Watch this episode on our YouTube channel here: https://youtu.be/C13ahVi8HGY   Show note LINKS: SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.   My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 82,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!   SilentJim.com/mistakes - the common mistakes new sellers make if they aren't trained by qualified coaching or courses   ProvenWholesaleSourcing.com - a free module included in the ProvenAmazonCourse.com that all about wholesale selling on Amazon from the best in our community   Safe Book Profits: ProvenAmazonCourse.com/safebookprofits - the module is also included in the ProvenAmazonCourse library at no charge   https://3pmercury.com/friends - the best price anywhere on 3PMercury.com subscription   SilentJim.com/kickstart - the low cost step-by-step group coaching classes for new ProvenAmazonCourse.com students  

On today's show you meet someone who has been full-time on Amazon and Walmart for about four years after leaving her corporate job. She shares the details of the lessons she learned and the victories she's had along the way.   She's also one of the most prolific users of Amazon seller tools so we spend a lot of time talking about the different tools she's using for various aspects of her business.   Watch this episode on our YouTube channel here: https://youtu.be/abh3JmI8VXs   Check out our sponsor for this episode: eCommerce Accounting LLC Cindy Smith's Proven Accounting Training inside our Proven Amazon Course has helped thousands of you, and her team can handle your books completely, plus help with income tax prep and tax planning. Remote, professional, eCommerce-focused. Visit bit.ly/ECAMeet to schedule a time with her team today.   Show note LINKS:   SilentSalesMachine.com - Text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online (US only) or visit https://silentjim.com/free11   SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.   My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 82,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!   OAsimplified.com : training for Tactical Arbitrage- this is a free module inside the ProvenAmazonCourse.com library   SilentJim.com/keepa - The service we use to help interpret all of the selling data. Keepa is discussed in depth on episode 369 at https://silentjim.com/podcast   3PMercury.com/friends - The best pricing anywhere on the full 3PMercury software   SilentJim.com/ess - If you don't find 2,500 product leads, we will give you 2,500 product leads! Others paid $1,500 to get this info taught live, but you get it for a fraction of that price!   ProvenAmazonCourse.com/revseller - RevSeller an on-screen calculator. The above link gives you a huge discount   Seller365 by ThreeColts - SilentJim.com/365 with Tactical Arbitrage (Part of seller 365)   Seller Snap - Jimc.biz/sellersnap   Replen Dashboard - Silentjim.com/replendashboard   Sellerboard - SilentJim.com/numbers   SellerAmp - Selleramp.com/mst   Humnbird.com - branding, trademarks, accounting services   Today's guest: Cris Beam  

3PMercury software is changing the game of Amazon reselling. Step 1: Find viable asins (products) and pour them into the software Step 2: Let the software tell you what products to buy. Let's talk about it!   Also - the price of the ProvenAmazonCourse.com will go up soon unless you're locked in and grandfathered in to our current pricing. So many great updates coming and just added recently!   Show note LINKS:    My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam 100% FREE! Join 82,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.   3PMercury.com/friends - The best price on 3P Mercury full software to automate the workflow of your Amazon selling business