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Q4 was incredible, but what now. Today we talk cashflow 2.0 – the concerns of success, scaling and risk management needed in a physical products business. This is for Amazon sellers pushing hard, doing well and of course wanting more. It’s time.
It’s Amazon Time
- How fourth quarter transformed the busiiness
- Why I’m focused on scaling
- The reason I buy at least 1000 units
- What do I do when I make money
- The reason I’m scared of scaling
- When to stop buying on projections
- How to avoid overreaching
- The cashflow concerns of success
- How reinvesting makes the business bigger, faster
- The speed to scale
- Why masterminds are critically important to growth
- Leave a review 🙂
- The FREE Amazon FB Mastermind
Large Inventory Orders ~5k+ units
- Better unit costs
- Better margins
- Cheaper sea shipping
- TOO much money in inventory
- Terrible for cashflow
Smaller Inventory Orders 1-5k units
- Less risk per product
- More stressful
- More profit potential
- Faster turnaround times
- Faster scaling – building a product line
- Potential projection problems
- The effect of cross-promotion
- How to juggle the business better
Ps. I’m putting together several high level, paid Amazon masterminds, sellers at certain level of success wanting to achieve more. If you’re interested, please apply today with your avg rev, selling experience and category and I will see if we can place you in one of our 5 member masterminds.
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Hey Matt,
Just listened to this one. You asked some good questions that lead to some napkin math, then to some excel sheet stuff. Thought you’d find it interesting:
https://docs.google.com/spreadsheets/d/1uep_6vyNPwPNKlm9pZHvRhT7WUy9wq26nabyBMV_-B0/edit?usp=sharing
Kind of a calculator to determine if 2 items at lower margin is better than 1 at higher margins