3 Business Philosophies that will help Steer you to Tremendous SUCCESS!

Success is brought about by a myriad of skill, abilities, and talents. However, it is worth noting that regardless of the amount of talent at your disposal, you will not succeed if the execution isn’t right. The execution of any task all begins in the mind, so it is mandatory to have a healthy mindset and outlook on business before embarking on any venture.
As you journey through your business, you will pick up lessons here and there, and these experiences will help shape your precepts regarding business. The same can be said of the e-commerce business. Here are some KEY Tenets that can help guide your way and led you down the road to continuous profits!

Adapt or Die
Nothing is written in stone; there is no one right answer to any solution. Difficult situations will also pop up now and then. How you handle these problematic moments would shape the rest of your business career. Adaptation is key!
How do you adapt? By thinking outside the box, seeking help and advice from others who have encountered similar difficulties, etc. I’d be lying to you if I said the road to successful entrepreneurship was an easy one, it isn’t and to achieve your dreams in this field, you must be steadfast, proactive and willing to pay the price for success.
Those who fail to adapt eventually run out of ideas and soon their problems overwhelm them and their business crashes.
Still having trouble understanding the concept of adaptation? Then perhaps this quote from Bruce Lee would do the trick.
“Be like water making its way through cracks. Do not be assertive, but adjust to the object, and you shall find a way around or through it. If nothing within you stays rigid, outward things will disclose themselves.
“Empty your mind, be formless. Shapeless, like water. If you put water into a cup, it becomes the cup. You put water into a bottle, and it becomes the bottle. You put it in a teapot; it becomes the teapot. Now, water can flow, or it can crash. Be water, my friend.”

See the BIG Picture
The BIG picture is the reason why you do what you do, where you see yourself heading to and what you want to make of your business. It is easy to get distracted and lose focus in business, but you must always remind yourself of your planned destiny and what you hope to accomplish.
This will help you ignore distractions and focus your attention on what really matters. Seeing the BIG Picture will foster dedication and trigger a sense of commitment, which will only help spur you on until you achieve your desired goal.

Continuously seek Opportunities
We live in a world of constant change and new opportunities, every day there are always new ways to do things, new products that will trend and new opportunities waiting to be explored.
Yes, so you’ve made a few sales and a couple of a hundred bucks, but that isn’t the end of the world for you now, is it?
I trust you must want to achieve more than a few thousand dollars a month; I’m sure that you have bigger dreams and ambitions than where you are currently. I’ve got news for you! You cannot bring those ideas to reality by wishful thinking, you’ve got to actively seek out new opportunities consistently, and when you find profitable ventures you must take action!
Keeping these three tenets at heart will help steer you in the RIGHT direction towards business success. Don’t relent; success only dances to the tunes of those who take action.
Take action today!

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Last Wall Comments

 
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 Mike says at 23:12 et
Nice one Pat! Let me know when you reach 2k per day :)
 
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 freedom says at 21:01 et
Why to go Shopify and not WooCommerce??
 
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 Ted says at 21:01 et
Shopify Is Easier to Use, it's a turn-key solution. (hosting, ssl etc all included) + great app store to boost your sales.
WooCommerce is free opensource plugin and working with Wordpress which means you have to install and confirgure everything yourself, buy hosting, ssl separately too so there is no real saving just more headaches.
Go for shopify and jump straight into selling rather than micromanagement tech parts with WooCommerce..
 
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 Iriness says at 21:05 et
WooCommerce looks like saving but in reality you have tons of hidden costs like domain, ssl and tons of extra hassles... Why not go easy with Shopify!
 
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Claudia says at 21:05 et
I agree with Iriness!
 
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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 21:13 et
My question is related to JONAS ... So how to count long term fees??
 
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Claudia says at 21:13 et
On February 15 and August 15 of every year, FBA conducts an inventory cleanup. On these dates, inventory that has been in Amazon fulfillment centers between six and 12 months are assessed a long-term storage fee of $11.25 per cubic foot. Items that have been in fulfillment centers for 12 months or more on the inventory cleanup date are assessed a long-term storage fee of $22.50 per cubic foot. See https://sellercentral.amazon.com/gp/help/help.html/?itemID=200684750
 
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 Ted says at 03:25 et
Summer is coming soon, think of summer related products.. just got mail from suppliers of the Beach Blanket (similar to https://www.amazon.com/dp/B01LZ1555T ) they might go big this summer, keep an eye on it, best seller tool shows good numbers.
 
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 Mike says at 14:33 et
Here is a short blog posts about our China trip http://sellslikehotcakes.co/blog/index.php/2017/04/29/amazing-china-trip/
Super excited to scale up amazon business now, over 25 new products we found during the trip and Canton fair... The niche is booming, don't miss out guys!
 
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 Chuck says at 14:35 et
thank you, very inspiring, please make videos mike.
 
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 James says at 03:56 et
Factory insights is super cool to learn thx!!
 
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wade says at 10:07 et
Hello Everyone - Brand spanking new here and excited to dig in - I look forward to getting to know you all - And I hope in time to give back as well... Now what to sell? lol that's going to take some thought....
 
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 Victor says at 10:07 et
Good one wade! nice to have you here! welcome!!!
 
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Andres says at 03:05 et
Same here....exploring niches
 
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wade says at 18:39 et
Still working my way though the videos – And it is funny to me how much my opinions on what to sell or the most interesting niches and how easy or difficult this posses is going to be has changed and continues to change as I go along. Really like what I am seeing here – Good job SLHC team !! -
 
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 Mike says at 18:40 et
Thank you Wade, we really appreciate. Well the list of what you can sell is endless... Our job here is to give you tips and tools so you can try to narrow it down to potentially good ones! I cant tell people what to sell but if you follow the criterias and niche finder and other tools I am sure you will find several good ideas that will fit your needs!
 
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Pavel says at 02:17 et
What to do in case of goods return taking into consideration that delivery done to US and I am located outside of US? Does it mean that returned goods to be deliveried to my home? How I should proceed in such cases?
 
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 Alex says at 02:18 et
Hi Pavel. There is a video lesson talking about it, you can set the forwarding address in US.
 
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Pavel says at 13:27 et
Alex, thank you. Could you please indicate the name of the video.
 
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 casey says at 13:28 et
It was I think a video about the biggest problems with dropshipping and how to solve it
 
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Pavel says at 02:18 et
Any answers? It is important to know in such situations. Similar questions related to refunds. How to work with the suppliers in case of refunds? I will appreciate answers for my questions.
 
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 Violet says at 02:19 et
If you do FBA then Amazon will take care of returns and refunds.
If you do dropshipping then customer can return item to your forwarding address. If the item is cheap it's easier just refund without return.
 
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Pavel says at 13:27 et
Yes, I do understand it. Thank you. The question related to dropshipping part.
 
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Mark says at 11:57 et
Great course. What other payment gateways can I use as I don't live a country to be able to apply for paypal. Can't wait to make my first sale. I'm already done with the store and facebook page. Thank you.
 
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 Emili says at 11:57 et
Maybe Stripe ? it allows to accept major credit cards!
 
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Dimitrios says at 16:12 et
Hello,
I just started in this member's area. I am using AsinInspector for researching Amazon products and I compared its results with Best Seller Finder. I have noticed a huge difference in Estimated Monthly Sales. Best seller finder shows almost three or four times more sales. Can you explain why this is happening?
 
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 Mike says at 16:14 et
We'll check! probably different update time, as asin inspector is usually updating more often!