TAS 620: How This $100 Test Turned Into a $2.5 Million Business (90% on Amazon)

Is it still possible to build an ecommerce business as Scott teaches? Hasn’t the ship on this type of opportunity already sailed? While Scott has provided a ton of helpful lessons and insights, nothing is quite as powerful as testimonies from sellers like you who have put those lessons into practice! On this episode of The Amazing Seller, you’ll hear from Colin and Angie as they talk to Scott about their ecommerce business. In their conversation, Colin and Angie explain how they got started with ecommerce, how they’ve built their brand, challenges they’ve faced along the way, their plans for the future, and much more. Don’t miss a minute of this fascinating episode!

It all started with a test.

What was it that led you to start down this road of building an ecommerce business? Are you sick and tired of your day job and want the freedom of the entrepreneurial lifestyle? Everyone has to start somewhere, you’ve got to get to the point where your status quo isn’t acceptable anymore, and that leads to change. Colin decided that he didn’t want to jump in with both feet, he wanted to just test the waters before making a full commitment. That initial $100 test ended up getting Colin, and his wife, Angie hooked! Make sure to listen to this episode of The Amazing Seller as they open up about their story and what it took for them to go all in!

Building a solid team.

Eventually, your ecommerce business will grow to the point where you will need to build a team. What does building a team look like? What role should you hire for first? Should you bring on someone you know or should you build a team of virtual assistants? On this episode of The Amazing Seller, Colin and Angie explain how they took the first steps to build a team in their business. According to Colin, the best route is to find someone either in person or remotely who you can hand off small tasks to. Once they’ve proven that they can handle those small tasks, start training them and give them larger ones, a little at a time. To hear Colin expand on this critical topic, make sure to listen to this episode!

Diversifying and building assets off of Amazon.

Gone are the days where you could build a thriving ecommerce business exclusively off of platforms like Amazon. Does that mean that utilizing Amazon is a waste of time? No! Just don’t put all of your eggs in that basket. There are a ton of different ways that sellers like you can invest in your business and create assets that will bring you income away from Amazon. This is the reason why building an email list and expanding your brand to places like YouTube, and your blog is so important! To hear more about diversifying your brand, make sure to listen to this helpful episode of The Amazing Seller.

Business doesn’t have to always be so serious!

Too often many business leaders get so locked in on building their brand and achieving success that they forget why they got started in the first place! Chances are, you are not building your own business so you can have a bad attitude and feel more important than everyone else. Don’t fall for the line that business has to be serious all the time! Remember why you got started, to have more freedom and enjoy life with people you love. Do whatever you need to do to have fun and work toward your goals! Listen to this episode of The Amazing Seller as Colin and Angie share how they keep their ecommerce business fun.

OUTLINE OF THIS EPISODE OF THE AMAZING SELLER

  • [0:03] Scott’s introduction to this episode of the podcast!
  • [2:40] Scott welcomes his guests, Colin and Angie.
  • [6:00] Angie talks about how they got started with their ecommerce business.
  • [11:15] Colin explains how their first product performed on Amazon.
  • [12:45] Why did Colin and Angie decide to start their own business?
  • [15:50] Angie talks about expanding their business and dealing with challenges.
  • [20:45] How do you find the right people to join your team?
  • [24:45] What is the “Honeymoon period?”
  • [27:30] Why you need to put in the time to find the right product.
  • [29:15] Plans to build the brand off of Amazon.
  • [33:20] What would Colin and Angie do right now if they had to start from scratch?
  • [37:50] Scott and Colin talk about brand building.
  • [41:30] Colin talks about future plans for his current brand.
  • [43:00] Have fun while you build your business!
  • [45:00] Closing thoughts from Colin and Scott.

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TRANSCRIPT TAS 620

TAS 620: How This $100 Test Turned Into a $2.5 Million Business (90% on Amazon)

[INTRODUCTION]

[00:00:02] Scott: Well, hey, hey, what's up, everyone? Welcome back to another episode of The Amazing Seller Podcast. This is Episode #620 and today I'm excited because I’m going to bring…

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