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The Amazon Files, hosted by Kristin Ostrander, Amazon business strategist and one of the founders of Mommy Income, hits the airwaves every Tuesday with the real truth about selling on Amazon. This show isn’t about sugar-coated reality. It’s real truth - the good, the bad and the ugly - shared with practical action steps and strategies to help both new and experienced sellers tackle the world’s largest retail sales platform.

Feb 3, 2020

Money is one of the essential factors you need to start and operate your Amazon Business. While there are traditional ways to come up with the money for the business, many times, the means to raise capital is already in front of you but you don’t see it.

On today’s episode, we’re going to share some untapped ways to find money to support your Amazon business. We’re going to discuss how to go on a personal treasure hunt at home, how to keep your time and money disciplined as you look at your bigger financial goals, and how to look at that one thing you can give up today to bring you one step closer to your dream.

 

“You have to look at your goals and your desires and your hopes and dreams in light of the way you’re spending money.” - Kristin Ostrander

 

This week on The Amazon Files:

  • The things you can sell from your personal space
  • How to utilize technology to generate money
  • How to sell your space
  • Multiple ways to sell what you know
  • How to build a side hustle to fund your Amazon business
  • Sample savings plan so you can invest in your business
  • The significance of sacrifice and rewards
  • How to analyze your costs and subscriptions
  • Why you should regularly evaluate your insurance
  • The importance of making your “I” statement

 

Key Takeaways:

  • The first way to find capital is to sell your unused stuff.
  • You can sell your space as well.
  • Sell what you know.
  • Cut back on your spending.

 

Resources Mentioned:



Happy Treasure Hunting!

Do you want to have the money to support your Amazon business but don’t know how? Start with what you have -- start at home! Do a treasure hunt within your personal space to gain extra capital for your Amazon business. Go to www.MommyIncome.com/zerotofive to grab a worksheet for your treasure hunt and to start supporting your Amazon business today.

 

Set Yourself Up for Success in Your Amazon Business!

If you missed our Wholesale Bundling Workshop in Atlanta, worry no more because you can still grab some seats on our upcoming event on March 12, 2018 in Las Vegas. Go to  MommyIncome.com/Workshop and prepare to fast-track your Amazon business success.

 

Jumpstart Your Amazon Business Today!

Are you ready to jumpstart your Amazon business but don’t know how? We can guide you step by step through easy-to-understand video instructions for your Amazon business must-haves. We’ve got everything you need in one place -- from setting up your Amazon account and shipping your items to Amazon fulfillment centers. Go to StartFBAToday.com to start your exciting Amazon journey today.

 

Grow Your Amazon Business!

Thanks for tuning into this week’s episode of The Amazon Files, the show to help Amazon seller along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. If you enjoyed this episode, head over to iTunes, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Visit us on Facebook each week for a live discussion on how to grow your Amazon business and check out our website for even more resources.