Setting goals for your business: The RIGHT WAY to go about it!

The core of a business lies in its goals. These goals serve as a yardstick to measure the success of any business. In the absence of goals, there is no way to know if your hard work has paid off. So, goal setting is very important to the business structure and should be an integral part of it. The question now is, how do you set these business goals?

  1. Have realistic targets: In the sells like hot cakes program, we have set the goal to reach $45,000 profit per month, and there is a reason for this. Nobody is saying you shouldn’t dream BIG, but when it comes to goals, you should have realistic targets and not overt fantasies that will have you beating yourself up at the end of the day. Remember; great things have small beginnings.
  1. Be specific: Being ambiguous won’t get things done; it’ll only cause distraction and confusion. Know exactly what you want, down to the finest detail and then channel your resources towards the pursuit of that target.
  1. Remain Committed: In order to see your plan through you should stay motivated and ensure you finish what you started. Avoid procrastination and stay focused until you’ve achieved what you set out to do.
  1. Take Action! It’s one thing to say something and entirely a different thing to actually do something. The talkers of this world don’t go very far. Don’t just be a talker, BE a DOER! After setting your goals, rise up and take the necessary actions to achieve them. Actions speak louder than words…

Follow these simple principles, and you would’ve laid a concrete foundation to build your business upon. Ensure to check our video course on “Your Ultimate Blueprint to get from ZERO to $45,000 profit per month” If you can follow this guide meticulously, you are guaranteed success in your e-commerce business.

Go get em’ Tiger!

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Last Wall Comments

 
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 liam says at 21:00 et
How do i handle returns in dropshipping method?
 
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 Claudia says at 21:01 et
Great question Liam!

1. if the product is very cheap it's easier to just refund, absorb the cost and don't ask the customer to ship anything and wasting time with it.
2. if the item is very expensive them ask them to ship to virtual office address (which should have package forwarding features) that will redirect later the item to your dropshipper for replacement or refund.
3. monitor the quality and complains and switch dropshipper with high returns/refunds.
 
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 max says at 21:08 et
How do you guys handle delays related to Chinese New Years etc?
 
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 Emili says at 21:08 et
You can say the product is out of stock due to "high demand", "custom printing", "warehouse relocation". And then instead use Pre-order now and get special early bird discount price...
 
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 adam says at 21:09 et
What books do you recommend for personal growth guys?
 
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 Claudia says at 21:09 et
The 4 hour work week, Secrets of the Millionaire Mind, Losing My Virginity, Think and grow rich, Laptop millionaire, Millionaire fast lane, 10x rule, How to influence people, Cashvertising,
Rich dad poor Dad, The richest man in Babylonia, The blue truth, The hidden entrepreneur, Tony Robbins books and audios.
 
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 Aria says at 21:19 et
What's ASIN?
 
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 Claudia says at 21:19 et
A 10-character alphanumeric unique identifier assigned by Amazon.com and its partners for product identification within the Amazon.com organization
 
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 Kettle says at 21:32 et
What shipment method is best from US to overseas for my products?
 
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 Alice says at 21:32 et
DHL Express for all international shipments. IT's 20% more expensive than USPS but it will provide international tracking and it's much faster as well. For example $30 for 16 ounces (500 gram) in DHL to Australia.. (discounted rate) get account with them!
 
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 sultan says at 21:47 et
2 questions. Love the community very helpful read..

1.Whats BSR??
2. Whats MOQ?
 
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 Uncle Sam says at 21:48 et
BSR... BSR (best sellers rank) is how well you are ranked on amazon.. the smaller the number the better!
Ideally you must be under 10,000 BSR to get 5-10 sales per day!
 
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 Lucy says at 21:48 et
MOQ minimum order quantity.. Usually 500-1000 units when doing whitelabelling..
 
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 Ab says at 09:31 et
Glad to see you are rocking guys!!! Just a quick one. How do I follow up the buyers without violating AMAZON TOS?
 
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 Rob says at 09:32 et
Use feedbackgenius or sellerbacker.. After the client left positive reviews under seller feedback you automatically ask if they'd be interested in sharing their experience with the product on the product page! Works like charm.
 
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 wing11 says at 09:33 et
Also Jump Send.. easy to automate everything with followup
 
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 Claudia says at 12:32 et
You are welcome guys, glad to have you here!
 
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 little_tiger says at 12:11 et
Btw great idea for you: customized license plate... build shopify store, then source from sites like buildasign.com Then promote via Facebook ads. Like PUGS licence plate for pug owners etc
 
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 Mike says at 16:31 et
Here is a new video i added "I don’t have TIME! + surprising ending" to address the most common question I get "I don't have enough time!" "I don't have time to learn!" "I dont have time to watch 12 hours of videos!" I dont have time to research a product!" "I dont have time to find a supplier" I dont have time to open my own ecommerce store!"

http://sellslikehotcakes.co/blog/index.php/2017/04/17/i-dont-have-time/
 
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Sallyann says at 06:42 et
hi after taking the steps to show you my store I realised that i did it in hast and have closed it, by the way thanks for all the comments they were super useful!
I am going for my original niche and I have several ideas for others once im up and running. I am very impressed by the help you get here, from the keyword, title generator, the filler and bullet point generator and everything else, all great in helping newbies like myself.
i would like to ask that once i have my shop up and running and looking great would it be an option to do a full launch campaign with one of the email companies to send out emails to your target audience? I have seen ones advertised and I am realistic about the feedback and actual conversions but i don't have an email list yet and this seems to be a great option. let me know

thanks
 
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 Alice says at 06:43 et
thank you and that's a good plan. what companies do you mean specifically?
 
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Ernesto says at 04:41 et
Hi, how can i add a wishlist button and create account button to the header of my shopify theme?
 
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 Ted says at 04:41 et
You need to install giftlist/wishlist shopify app, search app store for it!
 
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abigail says at 16:32 et
Ok, I've signed up for sells like hotcakes. I actually did the videos on Udemy course.
 
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 Mike says at 16:32 et
Welcome!
 
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 victoria says at 18:20 et
Great timing to start your Amazon and Shopify biz!! Cheers!
 
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 Alice says at 18:20 et
Have a great year and happy holidays people!!!
 
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A says at 04:51 et
Hi,
I have finished watching the video about "incorporation and taxes" but I'm lost. If I understood correctly the suggested way to open a seller central account is as a professional.
-What do I need to open a professional account?
-Do I need a LLC? bank account? address??
Can someone explain ---> my situation will be "Rest of the world selling in the US"
Thank you!
 
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 jo says at 04:52 et
You need an LLC, Bank account and a credit card. Yes your company does not have to be from USA even if you plan to sell in USA