Are you looking for SUSTAINED success in your online business? I’ve got a great podcast episode for you today if so.
With over 22 years experience coaching nearly 10,000 students in e-commerce training organization, as well as having influenced and trained many more in various courses and conferences, I’ve definitely noticed some glaringly obvious patterns emerge among those who succeed and those who ultimately bail out.
It’s my top 10 list of rules for SUSTAINED (long term) success in e-commerce.
Here’s the list:
Start with something proven, low risk, stable, systemiz-able and highly scalable
Fail often but big risks just aren’t necessary, so don’t take big risks
Pursue these key relationships constantly
Don’t start with multiple streams, but that’s where you should head eventually
There are 10 possible pivots for every one challenge you face
Tell your story – it’s not a “hustle”
The elusive “magic button” doesn’t really exist, but there’s something better
Embrace the fact that YOU are the bottleneck. Your leadership skills are the throttle.
Only do the things that ONLY YOU can do
Follow PROFITS not PASSIONS if you want to survive
Stick around for a couple minutes at the end of the episode to hear an update about the kind of low cost insurance you should have as an ecommerce/Amazon/Walmart seller! We spend a few minutes with Ashlin Hadden.