What Happened To Our Store After We Started Selling On Amazon. Here Are The Results

On MyWifeQuitHerJob.com, I often write about the need for motivation and determination when it comes to starting a business. After all if you don’t have the drive, then you will never take any action. Well today I have a confession to make. I had major problems motivating myself to sell on Amazon. Our online store was doing very well on its own, growing in the double digits and I didn’t really see a strong need to sell on a platform where I had little control. But thanks to my friend Lars Hundley, I finally saw the light towards the...

How To Start A Business When You’re Clueless With No Money. Here’s What I’d Do…

Whenever I have a conversation about entrepreneurship, I often find that most people have a strong desire to start a business at some point in their life. But here’s the thing. While the desire is there, it’s often the lack of confidence and the uncertainty of the outcome that prevents most people from taking serious action. In fact, I would go as far as to say that most people are not willing to take any risk at all unless they are confident that they will succeed. I was the exact same way. To be honest, selling handkerchiefs...

My Thoughts On Jealousy, Inadequacy And Finding Work Life Balance

I have a love hate relationship with Facebook. On one hand, Facebook allows me to keep in touch with and keep track of what my friends are up to. But on the other hand, I’ve had many a Facebook session where I’ve left with a healthy dose of jealousy and feelings of inadequacy. Oh look! the company that my classmate at Stanford started just reached 100 million in sales! Wow! My friend R is really living it up by travelling the world! Geez! I’m the worst parent ever. Look at all the cool stuff my buddy J is...

How To Take Eye Popping Product Photos For Your Online Store With Minimal Setup

Having eye popping product photos is probably the most important aspect of your online store website. After all, if you can’t convey the quality of your product to the end customer, you aren’t going to be making any sales no matter how awesome your product is. But the problem is that taking professional shots can be extremely challenging if you have no clue what you are doing. And there’s this common misconception that you need expensive equipment or a super nice camera in order to produce high quality photography. Long story short, taking great product photos is all...

Pai Gow Poker And My Own Personal Formula For Financial Success

If you ever go with me to the casino, you’ll often find me playing cards at the Pai Gow poker table. Now Pai Gow is definitely NOT the sexiest game at the casino, nor is it one that draws a huge crowd. But those who appreciate Pai Gow love the game for its simplicity, its longevity and its potential for a large payout. In fact, I love the game so much that I’ve pretty much modeled my entire entrepreneurial career based on a simple card game. Here’s what I mean. How Does Pai Gow Work Below is a...

How To Incorporate A Business In The United States From A Foreign Country

I was checking my Google Analytics the other day and discovered that 32% of my blog traffic is from a country outside of the United States. That’s almost a third! And if you look at the students in my Create A Profitable Online Store Course, 25% of my members are from different countries as well. Anyway recently, I’ve been receiving a lot of questions from entrepreneurs who want to set up shop in the United States from a foreign country. After all, the United States is one of the largest markets in the world but the problem is that...

How I Tripled The Sales Of My Info Product By Tweaking My Email Autoresponder

I’ve been running my Create A Profitable Online Store Course for several years now and up until the middle of last year, it’s been selling reasonably well. For example during 2012 and 2013, I averaged about 150K per year in revenue through affiliate marketing and selling my class using the principles I outlined in my 2013 FINCON talk. But here’s the thing. It’s really difficult to sell an informational product successfully online. And especially in my case, I find myself at a consistent disadvantage because of the following factors. My course is expensive at $799 – As a result,...

How Motif Investing And A Little Peer Pressure Rekindled My Interest In Investing

Before starting my online businesses, my primary money making strategy used to be investing and trading stocks. Every morning, I would wake up at market open, analyze the movers and the shakers, do stock research and plan my next set of trades. But at some point in the middle of having my 2 kids and starting my online businesses, I began to neglect my investment portfolio altogether. And for the past 7 years or so, I’ve barely invested any money at all outside of my 401K. In fact, I’m embarrassed to say this but more than half of my money...
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