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The Unstoppable Entrepreneur Show with Robyn Johnson | Selling on Amazon, Ebay, and More

Welcome to the Unstoppable Entrepreneur! Robyn Johnson started her ecommerce business with only $100 and in only 5 years built it in to a six-figure business. She brings her experience, tips and tricks straight to you in this value-packed, no nonsense, and actionable advice podcast. She is an expert in making a living selling on Amazon and Ebay. Robyn tells you everything you need to know, and how to accomplish it, in this podcast. If you want to have an e-commerce business and be successful on Amazon, eBay, Craigslist, and with your own website – this is the place to be. Welcome!
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Now displaying: August, 2016
Aug 29, 2016

Do you have a plan for funding your business if something goes wrong? A plan for times when there’s a lull in your business or you have to file for bankruptcy?

We’ve said it before, but we’ll say it again – knowing your numbers, income vs expense, income vs debt, is crucial when running a successful business. It’s easy to feel overwhelmed, scared, or worried when thinking about checking your numbers, but a lot of businesses fail for one simple reason – they ran out of money before they could “crack the code” on success.

Knowing and frequently reviewing your income, expense, and debt numbers will let you make better, more informed decisions in the long run. You can plan for lulls in business and pay off debt even during the down periods if you know where your business stands financially.

And, it’s okay to do a little side-hustling if you need to in order to stay in the green!

Today, I want to share with you some valuable information and tips on why it’s so important to know your numbers, give you some ideas on how to generate income even when your business has hit a dry season, and provide tips on how you can keep track of your income, debt, and other business expenses.

 

Today’s Topics Cover:

  • Low-risk and high-risk things you can do to fund your business
  • What “self-insurance” means
  • Side-hustling is okay!
  • Business credit and why you need to get it before you need to use it.
  • Having a back-up for your back-up plan.
  • Things to consider using your Amazon loan on
  • Factoring in your business debt into the cost of your products
  • Looking closely at your debt to income ratio
  • Getting your accountant’s or bookkeeper’s advice

 

Leave a review to enter for a chance to WIN!

If you enjoyed today’s episode of The Unstoppable Entrepreneur Show with Robyn Johnson – leave a review on iTunes and you could win a free one-hour consultation with Robyn!

Follow this link to enter for a chance to win!

Aug 24, 2016

Women’s Entrepreneur Conference Highlights

We had the opportunity to attend the Women’s Entrepreneur Conference and sit in several workshops dedicated to Amazon sellers. On today’s show, we’d like to share some of the highlights of that conference, including details about what the future may hold for our businesses and policy changes that may occur in the near future.

Amazon is a great way to build a sustainable business and career, but sometimes the platform throws a kink in our well-oiled machine; makes changes to the rules and policies that we need to follow – and that’s okay!

As entrepreneurs, we must get comfortable with being uncomfortable. The world of ecommerce changes constantly, and selling on Amazon is no different. However, what surprises a lot of people throughout our industry is that Amazon truly cares about your business; they want to help you succeed, and that is why they have taken the time to present at the Women’s Entrepreneur Conference – to help you learn and grow your business while staying updated on potential changes and gain insight and advice from them as well as those throughout the community.

 

Today’s Topics Cover:

  • Amazon online and retail arbitrage policies
  • Counterfeit brands and policy changes
  • The future of Amazon Prime Marketplace
  • Amazon Business and why you should register
  • The 3 pillars of Amazon (and the possibility of a fourth!)
  • Amazon Global and how it can affect your business
  • Making lean business decisions.
  • Amazon Exclusives
  • Subscribe and Save availability
  • Self-Reinstatement
  • Brand Builders
  • Bundles and Barcode policies for bundles
  • Seller-fulfilled Prime
  • Selling big and large items
  • Selling Hazmat items
  • Selling regional self-fulfilled Prime
  • Box level content
  • Remote desktops and user permissions

 

Resources Mentioned:

  • Box Level Content Video
  • Seller-fulfilled Prime Video

Leave a review to enter for a chance to WIN!

If you enjoyed today’s episode of The Unstoppable Entrepreneur Show with Robyn Johnson – leave a review on iTunes and you could win a free one-hour consultation with Robyn!

Follow this link to enter for a chance to win!

Aug 22, 2016

A recent article authored by our friend, Cynthia Stine, has resulted in a lot of confusion for Amazon sellers in the Retail Arbitrage space. First, we’d like to say that we have a lot of respect for Cynthia – she has been a huge supporter and teacher to the Amazon seller community. Secondly, we’d like to address that much of the hysteria, concern, and confusion surrounding this article isn’t really necessary.

Today, on the Unstoppable Entrepreneur Show, we’d like to calm the waters a bit and explain exactly what we think Cynthia meant in her article, as well as re-state what was mentioned at the Women’s Entrepreneur Conference regarding Retail Arbitrage, Counterfeit items, and the policy changes may affect your business as well as our advice on how you should consider pivoting your business model to accommodate the changes in the marketplace.

 

Today’s Topics Cover:

  • RA is not dead – it’s changing.
  • The rumors, misunderstandings, and misconceptions about RA is not true
  • No one really knows the truth about the future of Retail Arbitrage and Amazon
  • I spoke with someone in the Counterfeit department at Amazon who said, without prompting, that they don’t care where sellers get their products and merchandise from, as long as it comes from a place that is verified to have authentic goods.
  • 3 pillars hold up the Amazon marketplace – one of those pillars is the 3rd party Amazon marketplace (psst…. That includes us!)
  • Amazon changes policies with the end user – the customer – in mind.
  • Retail arbitrage is constantly changing; new tools have created more competition in the marketplace
  • Big changes historically cause confusion and hysteria – get to the bottom of rumors before taking them as fact.
  • Big brands are always a target for counterfeit. What can you do to pivot your business to prevent unexpected changes?
  • There are dangers in every marketplace, including RA, Private label, and wholesale. We talk about those dangers.

 

Leave a review to enter for a chance to WIN!

If you enjoyed today’s episode of The Unstoppable Entrepreneur Show with Robyn Johnson – leave a review on iTunes and you could win a free one-hour consultation with Robyn!

Follow this link to enter for a chance to win!

Aug 17, 2016

Kaman Cheung

Last August, I had the pleasure of meeting Kaman Cheung. Kaman was fairly new to selling private labeled products on Amazon and was adamant about finding a support group and mentoring that would really help his business grow and prosper. His success story has been an amazing inspiration to many people throughout the ecommerce community.

Kaman first started dabbling in entrepreneurship and Amazon private labelling a few years ago – as a side project, although he didn’t put much stock into it at first. At least until he lost his corporate job following a company acquisition that ultimately resulted in the termination of the entire staff of the company he worked for. After a few months, and with the support of his wife, he took the plunge to try selling on Amazon again.

Kaman’s professional experience prior to becoming an Amazon seller was in product management, and he was able to utilize this experience to help him grow his business. Today, he shares his story with us, talks about how his business has grown over the last 18 months, and explains why he feels that “leaning into your fear” can often be the most beneficial thing you can do for your business.

 

Today’s Topics Cover:

  • How finding a mentor and joining a support group can significantly impact your business.
  • What hurdles and plateaus Kaman has had to overcome to find his way to success.
  • How focusing on one niche at a time can help transform your business.
  • Why he put a time limit on trying new things before moving on to something else?
  • Team building strategies and how finding your “opposite” can help you balance the scales.

 

“Fear should be used as a light, a guide, instead of something to run away from.” – Kaman Cheung

 

Leave a review to enter for a chance to WIN!

If you enjoyed today’s episode of The Unstoppable Entrepreneur Show with Robyn Johnson – leave a review on iTunes and you could win a free one-hour consultation with her!

Follow this link to enter for your chance to win!

Aug 15, 2016

One of the most frequently asked questions we receive is whether or not you should have multiple streams of income while running your Amazon e-commerce business. Just about every time we get asked this question, we counter it with another: “How able are you to pivot your business model?”

In today’s episode, Robyn shares her insight into pivoting, what you need to do to pivot your business model, and why it is okay to have multiple streams of income that are not related to your Amazon business to help grow your business and achieve your goals.

Pivoting often goes hand in hand with outsourcing. After all, if you’re too busy doing all of the work for your business – being a solopreneur – then how can you find the time to pivot your Amazon business as the marketplace evolves? Like outsourcing, once you get established in the marketplace, it is important to pivot your business model to continue growing and expanding your business.

Let’s face it, if there is one thing that is predictable in the e-commerce industry, it’s that there will be frequent, consistent changes as years go by. To avoid having your business and products become non-viable throughout these marketplace changes, you need to proactively change your business model as the marketplace changes. You need to be flexible.

So, how do you remain consistent and fluid in an ever-changing marketplace?

Every year, evaluate your business model – asking yourself these questions:

  1. Is this still the best marketplace to sell my products?
  2. Is my sourcing method still working?
  3. Am I stuck on what used to work before, but is no longer providing the same results?
  4. Have I given another method a fair enough shot to determine whether or not it could be a viable alternative?
  5. Am I taking some money out of my Amazon business to diversify or create a savings for me to insure myself in case something happens to my Amazon account or business?
  6. Am I still using the right tax entity?
  7. Is my accountant still the right size for my business’ needs?
  8. Is my staff still the right staffing level?
  9. Is my inventory turn rate appropriate?

 

Remember, managing your inventory turn rate has never been more important. However, it can be one of the easiest pivots to overlook if you’re too busy “doing” and haven’t dedicated adequate time to evaluate the marketplace.

 

Resources Mentioned:

  • Unstoppable Amazon Academy – for more information about how to determine your profitability by SKUs, check out our Amazon Reports Webinar!

 

Leave a review to enter for a chance to WIN!

If you enjoyed today’s episode of The Unstoppable Entrepreneur Show with Robyn Johnson – leave a review on iTunes and you could win a free one-hour consultation with her!

Follow this link to enter for a chance to win!

Aug 10, 2016

From being a baby bird in the Nest to transforming into a beautiful eagle soaring high in the sky, we have followed Adrian Friday’s e-commerce career closely. Adrian is a graduate of our Unstoppable Amazon Academy, and today, he joins us on the show to share his journey of becoming a successful online seller.

We talk about inventory and buying decisions and how finding what you’re good at selling and becoming a master in that market can amplify your business success. We talk about the turning point in his life and business, and why he decided to leave his job to become an Amazon seller entrepreneur.

Adrian openly shares his experiences, his trials and tribulations throughout his entrepreneur career, and the systems and processes he uses to stay on task and productive each day. He also shares his insight on why entrepreneurs should learn new skills that will help advance their businesses before outsourcing the tasks to others as well as many other helpful tips and advice that has helped him go from a “jack of all trades, master of none” in the e-commerce industry to a master in his business.

 

Today’s Topics Cover:

  • Optimal buying decisions
  • How “breaking away from the herd” can help boost your business
  • How he learned that using “your quirks and weaknesses to your advantage” can significantly impact your business
  • His advice for others who are afraid to make a major change in their business or business model
  • How relationship building is a crucial aspect of your business growth
  • Why reaching out and asking questions to other industry experts is important
  • Why Adrian feels that developing daily routines and “rituals” has made a positive impact on his business

 

“Mastery is a game changer” – Adrian Friday

 

Leave a review to enter for a chance to WIN!

If you enjoyed today’s episode of The Unstoppable Entrepreneur Show with Robyn Johnson – leave a review on iTunes and you could win a free 1-hour consultation with her!

Follow this link to enter for your chance to win!

Aug 8, 2016

I’m often asked the question, “How do you prioritize and take care of your self – your family – while moving your business forward?” On today’s episode, I want to talk with you about the power of outsourcing, and how outsourcing smaller tasks to other people can help free up some time in your busy day to focus on other important areas in your life.

As your Amazon business grows, you will quickly begin to realize that there is simply not enough hours in a day to juggle the many tasks and responsibilities you have as a business owner. From packing and shipping, to sourcing, marketing and advertising – not to mention personal responsibilities like cooking, cleaning, and washing laundry – your day is jam packed with responsibilities and tasks.

It can be a lot to juggle, and you may begin to feel overwhelmed.

Outsourcing various tasks for your business or personal life can be the secret to your success as an entrepreneur. Here’s how.

 

Today’s Topics Cover:

  • Needs vs. Wants
  • List making – how making daily task lists can help your business grow
  • Prioritizing
  • Creating systems
  • Outsourcing – when and how to outsource tasks

 

Making a list, and checking it twice:

Keeping a list and checking things off is a really underrated skill.

Make a list of everything you do throughout your day – for your business and for your family. Then, identify what is important, and what can wait until later.

  • Priority – revenue generating tasks like packing and shipping, sourcing products, etc.
  • Priority – family-centric activities like attending Open House Night, parent-teacher conferences, and your daughter’s dance recital or your son’s football practices
  • Non-Priority – reorganizing your kitchen cabinets

Prioritize your list based on what you need to get done every day in order to maintain your income versus things you simply want to accomplish. The “wants” can wait.

 

When you stay a solopreneur, you set the revenue ceiling. The sky is not the limit, until you outsource.

 

Resources Mentioned:

 

Leave a review to enter for a chance to WIN!

If you enjoyed today’s episode of The Unstoppable Entrepreneur Show with Robyn Johnson – leave a review on iTunes and you could win a free 1-hour consultation with Robyn!

Follow this link to enter for a chance to win!

Aug 3, 2016

Ingrid Vanderveldt the CEO and founder of the Empowering a Billion Women by 2020 movement is here with Robyn and together they empower you to build your business, empower your life, and tell you that, while you may be crazy being an entrepreneur – it’s the best kind of crazy…

 

Where To Connect With Ingrid:

http://ebw2020.com

http://www.minther.com

http://ingridvanderveldt.com/

https://twitter.com/ontheroadwithiv?ref_src=twsrc^google|twcamp^serp|twgr^author

https://www.linkedin.com/in/ingridvanderveldt

 

Also, you get these great things from Robyn!

 

The Unstoppable Amazon Academy

 

Sign up here: http://www.BestFromTheNest.com/show

 

AND!!!

 

By leaving a review for Robyn’s podcast, The Unstoppable Entrepreneur Show With Robyn Johnson – on iTunes, you could win a free 1-hour consultation with Robyn!

Follow the link below for instructions on how to leave your review for The Unstoppable Entrepreneur Show.

 

How to leave a review in iTunes:

https://support.apple.com/en-us/HT201991

 

Email Robyn at: Robyn@BestFromTheNest.com

Aug 1, 2016

So you’re at ASD and you have a ton of lists! Great! Now what do you do?  Today Robyn talks about how to organize all of the information you get at ASD, and other conferences, to make the best use of your time and increase your trips ROI. Robyn explains her system and why it works for her and talks about how to take a close look at your business model before making any decisions.

 

Come visit Robyn in Vegas!!  Email Rochelle@bestfromthenest.com for the suite number and stop by and say hi!

 

Also, you get these great things from Robyn!

The Unstoppable Amazon Academy

Sign up here: http://www.BestFromTheNest.com/show

AND!!!

By leaving a review for Robyn’s podcast, The Unstoppable Entrepreneur Show With Robyn Johnson – on iTunes, you could win a free 1-hour consultation with Robyn!

Follow the link below for instructions on how to leave your review for The Unstoppable Entrepreneur Show.

 

How to leave a review in iTunes:

https://support.apple.com/en-us/HT201991

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