Preview Mode Links will not work in preview mode

The Amazon Files, hosted by Kristin Ostrander and Amy Feierman Amazon business strategists and 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.

Aug 6, 2018

Failure is a scary concept, yet many of us encounter it at some point or another in our businesses. While it is more common than many people believe, it often goes undiscussed - which can be detrimental to your confidence and can sabotage your business. It’s important to do a self-assessment, to ask if you are reaching your goals, what might be holding you back – and why.

In this week’s segment of our Inner Entrepreneur series, we discuss the four most common reasons people fail in their businesses and how to recognize and overcome them. We explain how to decipher whether you are giving up on your business for the right reasons and discuss how beneficial having a plan and goal setting can be. We also share strategies for ditching your avoidance habits and explain why it is essential to be passionate about what you are doing and why you are doing it.

 

“Failure is not the opposite of success. It’s part of your way to success.” - Amy Feierman

 

This week on The Amazon Files:

  • Four reasons why people fail and how to avoid them.
  • The importance of flexible planning and having action steps.
  • How finding your “in a perfect world” scenario can help you get clear on your next steps.
  • How to determine the next three steps you need to take.
  • The importance of recognizing the gap between your “perfect world” and where you are right now.
  • Why you should celebrate the baby steps.
  • How to recognize if you are not giving your business enough time, energy, and effort in order for it to take off.
  • Why you need to assess if you have unrealistic expectations for your business.
  • The importance of asking yourself what you have learned from your mistakes or failure.
  • Why you need to be constantly aware of what you are spending and what you are making.
  • How to ask someone else for help with breaking things down into manageable steps.
  • The connection between avoidance and fear and the types of tasks we usually avoid.
  • Why it is okay to be uncomfortable.
  • The question you need to ask yourself when you are avoiding a task or project.
  • How accountability techniques can help you overcome avoidance.
  • The benefits of tackling big tasks before the easy ones.
  • Why making money does not make you passionate.
  • How to assess your level of passion for your business.

 

 

The Most Common Reasons Entrepreneurs Fail:

  1. Not having a plan
  2. Giving up too soon
  3. Avoidance
  4. Not being passionate about what they’re doing

 

Resources Mentioned:


 

Book an Amazon Business Strategy Session with Us Today!

Are you struggling to find solutions to your business challenges or looking for help figuring out the next action step you should take to grow your Amazon business? We’re here to help! Schedule a one-hour Strategy Session with us to get the help you need to gain clarity on what needs to change and decide on action steps to move your Amazon business forward!

Book now at MommyIncome.com/coaching

 

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 to shipping your items to Amazon fulfillment centers. Go to Start FBA Today to start your exciting Amazon journey.

 

Discover the Ease & Simplicity of the Wholesale Bundling System

 

Don’t know where to start in your wholesale bundling Amazon business? We teach a lot of different strategies for searching wholesale bundles and creating your own unique bundles. Learn the A to Z of Amazon wholesale bundling through Mommy Income’s Wholesale Bundle System. Visit MommyIncome.com/wholesalebundle for more information.

 

Got Questions?

Shoot your questions on our Facebook Group! We’ll be happy to answer your questions, listen to your vents, and encourage you to carry on in the right direction. Join our community where you can interact with sellers of all levels -- from people who are starting their Amazon journey to those who have been full-time sellers for years. Go to MommyIncome.com/joinus with the code word PODCAST to start interacting with our community.

 

Grow Your Amazon Business!

Thanks for tuning in to this week’s episode of The Amazon Files, the show to help Amazon sellers 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.