How the community helped me already!
Hi Community,
I want to thank you and share some best practices that helped me to grow and optimized my wholesale FBA business!
1) Systemize what makes sense
I started with product selection and pricing. Both processes are standardized now. For purchasing the product needs to pass a checklist before I buy them. Secures quality and eliminates emotional decisions. Pricing is standardized to a minimum amount of profit, above that a percentage of RoI.
2) Realize what you can impact
Focus on growth tasks and excelent execution and the scoreboard will improve over time by it self. Make a challenge to look at your revenue and profit only twice a day.
3) Time blocking
Build a weekly cadence of your tasks. For example Saturday shipping, Sunday purchase, each morning 30 minutes maintenace tasks etc.
There is a lot more but having that build up it feels like you own the business and not the business owns you 😎🤟
I wish everybody a great weekend!
Best,
Paul
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17 comments
Paul Fedrau
5
How the community helped me already!
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