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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Claudia says at 22:23 et
Welcome guys to Sells Like Hotcakes LIVE Q&A SESSION! I'd be glad to answer all your questions. Lets rock!
 
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 george says at 22:58 et
Good point. thx for sharing! Love the effort you put in helping others here
 
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 Sandra says at 19:19 et
What tools do you use to count your fees?
 
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Claudia says at 19:24 et
Check Fetcher, CashCowPro and tools like that! Hope it helps! They connect directly to your amazon seller-central to fetch data and build a nice stats&charts&fees page.
 
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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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 Bogdan says at 22:26 et
What should I put as the "Ship From" address in seller central when I'm building the out the shipment and the carton labels? And how do I determine which fulfillment center to ship to?
 
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 Uncle Sam says at 22:27 et
Ships from - your factory or your sourcing agend address. fulfillment center is decided by Amazon not you! (when you create a shipment)
 
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 Mother Wit says at 23:06 et
Hello everybody. I've been watching the SLHK group for some time with the intent to start my own FBA business... Sexual Wellness category, where will i be allowed to promote?
 
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 Samuel says at 23:07 et
Maybe CPC banner on adult sites and link it to your listing
 
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Carrie says at 01:25 et
Hi everyone! Are the videos out of order? Or am I missing something? :)- good to be here!
 
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Claudia says at 01:26 et
Welcome Carrie. What do you mean "out of order" ? The order is correct here http://sellslikehotcakes.co/videos.php Which one is out of order?
 
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Andres says at 10:01 et
Hello Im a fresh rookie Im a little confused on the Goal of 45,000.00 .....It reads...."Our goal is to make at least $10 per product per sale and at least make 10 sales per
day from each product, which means from five products, we are going to make
$45,000 at least per month plus your Shopify store profits and, of course, minus the
cost of sales, production, shipping and advertising. Our estimated profit is $45,000
per month. Well you can’t live with that but you would agree it’s a good start "

Is that goal only when you start with Amazon, or still good if you take the Shopify to start with...?
 
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 Mike says at 10:02 et
Welcome Andres. $10 per product per sale and 10 sales is a universal rule of thumb for any ecommerce store. 10-10 rule some people call it. It's same rule no matter if you start shopify or amazon or even better BOTH channels combined.
 
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 Diego says at 10:04 et
I agree, starting both is a way to go, you never know the future and which source will be more profitable for your product or niche! Good luck!
 
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 meni says at 05:04 et
Great tips, thx guys!
 
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 Mike says at 16:25 et
New cool video released "Exit Strategies: How to sell your business and buy other thriving businesses"
 
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Sathaporn says at 12:15 et
Can someone give me advice for our address office & telephone number in USA? and how much the pricing?
Thank you!!
 
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 wing11 says at 12:16 et
There is a video about it covering it in detail. It's called "How to INCREASE the CREDIBILITY of your store and BOOSTS your SALES" in shopify mastery section
 
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Sathaporn says at 06:16 et
Thank you!!
 
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Claudia says at 05:59 et
Do you know number 1 reason most people fail in ecommerce?

It's because they never get themselves a chance, they never get started, always procrastinating and delaying the start.

I get questions and complains like "I don't have time for this", "How much time do I need?" Well if you can't even find time to learn how are you supposed to build your passive income?

The beautify of Amazon and Shopify business is that once it is set, you are set "for life" with a strong passive income.

The problem? Most people don't realize it and never start!

"I'm too busy working" (the old way)

So the hashtag for the day - TAKE ACTION!

Start implementing what you learned and you will become successful, I believe in you!
 
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 Alex says at 05:59 et
true words!
 
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ABDURRAZAQ says at 05:15 et
Guys, anybody here in this group using this platform start making some income on E-COMMERCE?
 
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 Mila says at 05:15 et
We all use it, just follow the course!