Year End Report: How Our Online Store Performed In 2014

My wife just closed the books on 2014 and our online store continued its trend of double digit year over year revenue growth! As I mentioned in our mid year report, 2014 was the year of outsourcing our business and I’m happy to say that our little business can now run on its own and my wife has even more flexibility than before. Having a flexible schedule is crucial when raising kids because the number of activities they take part in continues to grow at an exponential rate. Not only are both of my kids in different schools across town...

How To Do A Small Scale Kickstarter Project The Lazy And Crappy Way And Still Make A Profit

This post was written by Lars Hundley, who runs several ecommerce stores and recently started launching Kickstarter campaigns for his products. What I like about Lars is that he’s constantly trying new things and he’s here to share his Kickstarter experiences with us today. Incidentally, Lars and I share very similar philosophies. You don’t have to swing for the fences. You can simply go for base hits which eventually lead to something bigger. Enjoy the post. Do you want to have the coolest Kickstarter of all time, or do you simply want to make a reasonable amount of...

How Much I Made Blogging And The Actions I Took To Double Revenues This Past Year

My wife just closed the books on MyWifeQuitHerJob.com’s earnings, and I’m thrilled to say that 2014 was a blowout year for my blog! Whereas in early September I was forecasting revenues in the range of $300K, a late year surge including a single magical day where I made over $35,000 in 24 hrs allowed me to significantly exceed that number. Here are the highlights for 2014. Year over year traffic increased by 66% The MyWifeQuitHerJob podcast launched to over 30K downloads per month My email list more than doubled despite a cleanse of several thousand inactive subs I increased the number of...

How To Get Fit, Start A Business And Follow Through On Your New Years Resolutions

The beginning of the year is when most people make grand promises of change and set goals for what they hope to achieve. I promise to workout 5 days a week and get fit This is the year where I will finally start my business I’m going to lose 20 pounds But we all know what ends up happening. While our intentions are good and we start out strong, our intensity tends to fizzle out over time. Those with willpower can last for several months, but most of us are weak and we can’t maintain our promises for more than a couple of weeks....

Should You Sell On Amazon And Will It Cannibalize Your Online Store Sales?

My wife and I started our online store back in 2007 and ever since our first year when we made 100K, we’ve been growing in the double and triple digits. But here’s the thing. With every passing year, we are finding it more and more difficult to maintain our double digit growth. Don’t get me wrong. Our store makes plenty of money and I’m really happy with where we are at. But there’s always a part of me that wants to grow it even more. In addition, I often feel pressure to show positive...

How To Dig A Moat For Your Online Store And Keep Your Competitors Away

Once every month, I meet with a small ecommerce mastermind group and discuss various strategies to improve our businesses. If you are not participating in a mastermind group of some kind, I highly recommend that you join one or form your own. No matter how good or how smart you are, there is always something that you are not doing or thinking about. And for me, I learn something new after every session. In fact, this particular post was inspired from my last meeting. Today I want to talk to you about my fears...

Cheapest Way To Start An Online Business | Take Advantage Of These Killer Deals

While it’s always a good time to start an online business, the least expensive time to do so is on Black Friday and Cyber Monday when there are great deals to be found. Many tools and services like webhosting, niche research software, vendor tools etc… are being discounted extremely heavily to the point where it’s a no brainer to sign up. For example, you can literally start an online business for under 3 bucks which is pretty insane. So realistically speaking…Do you have 3 bucks to spare on something that could potentially change your life? There really is no excuse...

10 Tips On Importing Wholesale Products From China Using Alibaba Or GlobalSources

This post was written by Josh Nacol, a student in my Create A Profitable Online Store Course. Recently Josh started importing goods from Asia for the very first time and wanted to share his experiences with my readers. Now in my class, I have an entire module dedicated specifically towards helping students import goods from overseas. However, it’s one thing to learn and another thing to actually go out and do it. And Josh’s experiences just go to show that the best way to learn is to be aware of the guidelines, know what to expect and just...
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