All posts by Steve C

MWQHJ 007: How Noah Kagan Started AppSumo A 7 Figure Business Selling Digital Goods Online

AppSumo
Podcast: Download (Duration: 54:48 — 50.5MB) Click Here To Enter My Podcast Giveaway Contest In today’s episode, I have the pleasure of interviewing Noah Kagan, a well known entrepreneur that has started many successful businesses. He’s also known for being employee number 30 at Facebook and a very early employee at Mint.com as well. Recently, he has shifted his focus towards starting lifestyle businesses and that is why I wanted to have him on the show so badly. Right now, he runs AppSumo.com, a daily deals site selling digital goods for entrepreneurs. And the nature of his business allows him...

MWQHJ 006: How Polly Liu Created An 8 Figure Business Selling Wedding Favors Online

polly liu
Podcast: Download (Duration: 38:30 — 35.5MB) Click Here To Enter My Podcast Giveaway Contest I’m thrilled to have Polly Liu on the show today. Polly’s wedding favor store, Beau-Coup.com, started in her own bedroom and has since ballooned to an 8 figure business. In fact, Beau-Coup was the inspiration for my own online store. Early on, I modeled our shop just like hers and I tracked and studied her every move. Don’t be fooled by Polly’s modesty on the podcast. She’s a super star and there’s a lot to be learned if you want to dominate in ecommerce like...

My Podcast Is Live And I’m Doing A Big Giveaway

After months and months of preparation, I’m happy to announce that my small business podcast is officially live! The purpose of my podcast is to dispel the common myths associated with starting an online business. By interviewing and revealing the inside stories of other successful entrepreneurs, I want to hammer the point home that it’s possible to start your own business… Without risking a lot of money Without requiring any technical knowledge Without getting any outside funding All of the entrepreneurs featured on the show bootstrapped their businesses from the ground up and started their own ventures in order to improve their...

MWQHJ 005: Greg Go On How To Grow A Blog To Over 1.5 Million Visitors A Month

Greg Go Wisebread Founder
Podcast: Download (Duration: 44:18 — 40.8MB) Click Here To Enter My Podcast Giveaway Contest I’m excited to have Greg on the podcast in this episode because he runs one of the most popular personal finance and lifestyle blogs on the Internet. In fact, his blog generates more traffic in a few months than my blog does all year. It’s really incredible what he’s been able to achieve and I really admire him for growing a blog to such a large size. As you can imagine, with that amount of traffic the revenue potential is extremely high. Listen to Greg’s story...

MHQHJ 004: How Viv And Joe Created Orbit Baby, An 8 Figure Business Selling High End Baby Strollers

Orbit Baby Founders
Podcast: Download (Duration: 45:24 — 41.9MB) Click Here To Enter My Podcast Giveaway Contest This particular episode is very special to me because Viv and Joe are both close friends of mine. We all went to Stanford together and majored in engineering. Viv and I studied electrical engineering while Joe focused on mechanical engineering and product design. As you will discover in this podcast, when a power couple like Joe and Viv start a business, it’s destined to be successful. Follow their journey on how they started from nothing to creating Orbit Baby, one of the most successful high end...

MWHQJ 003: How Neville Medhora Makes 6 Figures Selling Copywriting Courses Online

neville medhora
Podcast: Download (Duration: 45:10 — 41.6MB) Click Here To Enter My Podcast Giveaway Contest I’m really happy to have Neville Medhora on the podcast in this episode. Neville is someone who I met at FinCon by random chance. He bought his conference tickets last minute and he just happened to walk in just as I was heading out with friends. Anyways, we started talking and I found out that he’s been killing it online selling various info products on his blog at NevBlog.com. In fact, he’s never had a full time job and he’s been making a living off of...

MWQHJ 002: Andrew Youderian On How To Make 7 Figures With A Dropshipped Online Store

Andrew Youderian
Podcast: Download (Duration: 50:52 — 46.9MB) Click Here To Enter My Podcast Giveaway Contest In this episode, I’m really excited to have Andrew Youderian on the show. For all of you who aren’t familiar with Andrew, he runs the popular site EcommerceFuel.com where he writes about his experiences running his dropshipped online store RightChannelRadios.com Andrew is a great guy and today he takes us back in time to when he first started his dropshipped online store selling CB radios online. Learn how he got started and how he grew his store to over 7 figures in sales. What You Will Learn How Andrew...

The Moment I Realized How To Achieve Limitless Productivity

Today I wanted to talk about a profound transition that I’ve been making over the past year and a half. In reality, it’s actually not that profound, but it’s a place that has taken me a very long time to reach. When I first started my entrepreneurial journey, I was all about doing everything myself. When I started my online store, I took an off the shelf shopping cart, customized it and coded in new functionality by writing my own plugins. I also designed the store template, learned how to use photoshop, and created a lot of the...

MWQHJ 001: How We Started A 6 Figure Business Selling Hankies So My Wife Could Stay At Home With The Kids

Steve Chou Episode 1
Podcast: Download (Duration: 25:08 — 23.3MB) Click Here To Enter My Podcast Giveaway Contest Because this is the very first episode of the My Wife Quit Her Job podcast, I thought that it was only fitting that I would be the first guest. In this episode, I take you back to the very beginning when my wife and I first started our online store selling wedding handkerchiefs. You’ll learn how we got started, how we stumbled upon our niche and how our business gave birth to a popular blog and an online course on how to start an ecommerce store. Finally, you’ll learn...

A Behind The Scenes Look At The Redesign Of MyWifeQuitHerJob.com

It’s been almost 4 years since I last changed the look and feel of MyWifeQuitHerJob.com so I knew that a complete website overhaul was long overdue. One of the reasons that I’ve waited so long is because I don’t believe in changing things unless something is broken. And because my blog has been steadily increasing its readership and making more money every single year, I didn’t feel like anything needed to be changed…at least not until this past year. I don’t know exactly what triggered it in me. Perhaps it was because I took a look at my...

Ecommerce Veterans Reveal Their Past Mistakes And What They Would Have Done Differently

As part of running my blog and my ecommerce store, I’ve been lucky enough to meet many other like minded entrepreneurs over the years. And I can honestly say that I’ve learned more about running a business from just a handful of conversations with these people than I have from any business book or seminar ever. There is a saying that you should always associate with people who are smarter and better than you are and I can proudly say that almost all of my online business buddies are way more successful than I am. Anyways, I decided to ask some of my...

How We Boosted Conversions By 9.3% And Reduced Support For Our Online Store Using Crazy Egg

When it comes to running any online business, tracking visitor behavior and testing your conversion funnels are essential for improving your sales. Most webmasters rely on the free tool, Google Analytics, to track the overall statistics for their sites. But while Google Analytics is an extremely powerful tool, it does not provide enough information to give you a clear picture of how a visitor interacts with your site. For example… Google Analytics does not tell you which exact buttons and links a person is clicking on a given page. Google Analytics does not tell you which portions of your webpage...

How Amazon Is Changing Ecommerce And What Your Online Store Must Do To Succeed

I was listening to Pat Flynn’s Smart Passive Income podcast the other day and his last interview really struck a chord with me. In this particular episode, Pat featured a young couple that made over $100K in profit by selling surplus goods online. And their business model was predicated on finding businesses that were looking to liquidate their excess stock, buying these clearance items at rock bottom prices and then selling these goods at retail prices on Amazon.com. But there was a twist. Instead of having to stock and ship orders themselves, they relied on Amazon to handle all inventory...

Why Beginners Fail And What Successful Online Store Owners Do Differently

In the past several years, well over 500 students have joined my Create A Profitable Online Store course. But I have to be straight up honest with you. Not every one who has signed up has succeeded with their online store. When it comes to the success of any online business, the biggest variable in the equation is always YOU. Do you have the necessary motivation and drive to succeed? Do you have the persistence to push through the initial learning curve? Do you have an open mind for learning? After teaching my class for...

5 Lessons All Online Store Owners Can Learn From Going To Disney World

My family and I just got back from a 2 week vacation to Disney World in Florida and a 7 day Caribbean cruise that went to Haiti, Jamaica, Grand Cayman, Cozumel and we had a great time! This vacation was particularly special for us because it was the first time that we left complete control of our online store to our employees for an extended period. Now we’ve been on short trips away before (2-3 days) but this was the first time that we did not have a good Internet connection on board the cruise ship so we couldn’t even keep tabs...

Student Shop – How Tracey Created A Profitable Online Store Selling Fair Trade Jewelry

This post was written by Tracey, one of the students in my Create A Profitable Online Store Course. Tracey is my only student in Ecuador and she’s done a fantastic job of selling products that are indigenous to her country. Because what she sells can only be found in Ecuador, this means that it’s extremely hard to copy her idea and she sells unique products that can not be found anywhere else on the Internet. What I also admire about Tracey is that she came into the class with very little technical knowledge. But with a little hard work and...

How A Failed Website Led To A 7 Figure Payout And Why You Need To Start A Business Today

This post was written by my good buddy Jim Wang, who sold his blog Bargaineering.com for over 3 million dollars. Yes you read that correctly…3 million bucks. And remember how I’ve mentioned in the past that it’s important to attend conferences? Well Jim and I met in the elevator during the 2012 financial blogging conference and we’ve kept in touch ever since. (Incidentally, tickets for the next Fincon just went on sale. Click here to get your ticket and let’s meet up in person!) Here’s how our first meeting went down. Random Girl Standing Behind Me In The Elevator: (Whispering) Oh…my…gawd…That’s...

Interview With 6 Figure Blogger J Money Who Blogs For A Living At BudgetsAreSexy.com

As I mentioned in my last post on How I Made Over $300K These Past 2 Years With An Email Autoresponder, MyWifeQuitHerJob.com made more than my day job salary this past year. And as a result, a seed has been planted in my mind. Would I ever give up my tech career to blog full time? What does blogging for a living really feel like? Is blogging something that could keep me happy in the long run? Unfortunately I don’t have all of the answers to these questions but luckily I do know many people who blog for a...

How I Made Over $300K These Past 2 Years With An Email Autoresponder

While our online store has been the main cash cow in our family, over the years MyWifeQuitHerJob.com has also become a significant portion of our household revenue. 2 years ago, I reached my first major blogging milestone by finally breaking the six figure income barrier after 4 long years of slogging away. That’s right. It took me 4 painful years of writing consistently to reach that point and I often questioned whether it was worth the effort in my post on How Much Money Do I Make Blogging And Is It Worth My Time? The good news is that cracking the 6...

Income Report: How Did Our Online Store Do In 2013 And Are We Still Growing?

In my mid year income report that I published in July, I mentioned that the first half of 2013 was extremely challenging for our online store. Google traffic was down. We had a bad month of February due to inclement weather. Our year over year revenues ending in July were only only up by 12%. But you know what? Facing some adversity turned out to be a good thing for my wife and I because it woke us up from our complacent slumber. We stopped coasting along and became determined to find new ways to extract profits from...