In this blog post, I am going to be sharing with you the 3 phases of a successful online arbitrage business. I am going to give you an online arbitrage example. These 3 phases can be used to gauge your progress where you currently are, manage your expectations where you are in terms of your life cycle of your business, then really look towards the future and plan ahead to know you are going to transition between these stages, and ultimately have a successful business. This is coming from experience, this is Kev's experience, and the 3 stages of what Kev has come to learn.

Learn

The first phase when you are starting an online arbitrage business is simply learning. You are going to be consuming a lot of information you are going to be researching a lot of information about what is online arbitrage, and what the strategies are, what the technics are, what the tools are, and it is going to be that first phase where you are just simply learning. You are rapidly trying to consume as much...

If you are currently considering moving your Amazon FBA business into a warehouse, then this is the blog post for you, because we are going to be talking about a brand new heads of terms for a new lease, a brand new contract, for a brand new warehouse. And I am going to be sharing with you everything which Kev has learnt over the last 5 years - moving into two different warehouses. 

Since 2015, when Kev first started his Amazon business, Kev had the ambition with Kylie to move into a warehouse. They wanted to quit their jobs and get out there; they always knew this, but at the time everything is new, and is in the unknown, what do they need to think about in terms of leases, contracts, profitability, expenses, what do they have to think about with the different charges involved. Kev and Kylie have now navigated their way through, and I am going to share everything with you!

Are You Really In Need of a Warehouse?

This was Kev last year. When Kev and Kylie first moved into this...

Starting your own business will automatically make you a better person. In this blog post, I am going to share with you why. 

In this blog post, I just want to touch on something super, super important, and that is personal development, and the way that you can grow automatically as you embark on the journey of starting your own business.

What Did Kev and Kylie Learn?

Since 2015, Kev started his own business, with his partner Kylie. They were at home - just in their living rooms. They had a beautiful young family, and they decided to go into entrepreneurship, and one of the first things Kev recognised early on was that personal growth and development, goes hand-in-hand with your business.

Learn Kev's story here: 

The More Your Business Grows...

The more your business grows, the more that you have to grow, because you are going to experience challenges, setbacks, failures; you are going to have things that you don't understand, you are going to have scenarios where it is...

Sophie has been working with virtual assistants a lot herself in her own business, for the last 3 or so years; her company Resource Worldwide had placed virtual assistants in over 100 companies in August 2020, from when they first started in December 2019. So, Sophie is pretty familiar with virtual assistants, they definitely know how to work with their team to get the absolute best result out of them. 

Something which seems to be happening a lot, is confusion around how to get the best out of virtual assistants. So...this is what is what we are going to be talking about in this blog post.

Be Clear & Concise 

One of the key things here is when you set tasks for your team members, make sure you are very clear and concise with it. You don't want them to mess up or not get the criteria right because you haven't explained in enough or clear detail for them to understand specifically what you want.

Print Out Key Performance Indicators 

So, if I am talking...

In this blog post, I am going to be talking about why Amazon FBA. I am going to be explaining the fundamentals and the basics on why this model, which we call arbitrage, is such a big opportunity right now, for you to take advantage.

Arbitrage is simply getting a product from one price, from one marketplace, and selling it at a higher price, on another marketplace. And the difference could be your profit.

I am going to get into why FBA in this blog post, and explain why Amazon FBA is such a win-win for everybody - for you as the seller, for you as the customer, for Amazon themselves. It is a win-win for everybody.

If you would like to learn more about Amazon FBA, Kev has a full series where goes through the 3 major systems in full detail, watch the video below!

Amazon FBA Full Series

Consumer

Some benefits as a consumer, is that you trust Amazon. You know that if you purchase something from Amazon, it is going to turn up. It is not the same as just purchasing from a random retail...

This blog post is going to reveal 5 ways, which you can use to make Q4 easier for yourself this Q4. Q4 is the busiest time of the year. Coming up with ways and innovating ways where you can make things easier for yourself, to make yourself more productive, to be focused in one the right places and the right areas of your business, to have the best impact on the results of your business, is going to make a big difference.

So, these are 5 tips which you can take away and implement in your business.

Hire a Staff Member

Hire a staff member. Whether that is a virtual assistant that you can get access to from all around the world, whether that is in the Philippines, India, or anywhere else; just becoming more productive in terms of hiring a staff member. Hiring a staff member will make such a huge difference when it comes to your productivity, because there are so many things to do, when you think of the complexity of your business, everything from sourcing to purchasing to shipping, to...

Every online arbitrage and wholesale business needs this.... Can you guess what it it? Everyone that has been able to be successful in this business model over the years have done so because they began to build TEAMS.

TEAMS is what allows you to get all the tasks done every day that you need to get done. There are not enough hours in the day to get everything done that we need to do. Here are just some of the tasks we need to do:

Sourcing profitable products, reviewing profitable products, purchasing profitable products, unfulfillable products, inventory adjustments, repricing, replenishing, amazon seller central account health and much much more. How do we manage this? THROUGH TEAMS.

In this blog post, I am going to be sharing the steps of how to get this in your business. If you are building an online arbitrage business today, then this absolutely needs to be part of your vision for the future, whether that is right now, next month, next quarter, whatever it is, your goals...

In this blog post, I am going to be talking about goals. I am going to be talking about achieving your goals, by creating systems.

So, hopefully, this is going to be a very thought-provoking blog post for you, something which you can get your teeth into, something that you can sit down in your spare time, and you can reverse engineer the goals that you have in your life and business. The chances are that you have goals; the chances are that you have set yourself goals, and you are a part of that 50% who are more likely to achieve goals, if you have got them written down. 

One of the things which Kev absolutely believes in is reverse engineering those goals, and what you have to do on a daily basis, to make them become a reality, to give you the best chance of making your goals become a reality. 

So, in this blog post, we are going to have a couple of examples, where we are going to be breaking down some business goals, some health and fitness goals, and then, at some...

In this blog post, I am going to be talking about how you can sell your business, preparing your business to sell it, and as you build your business, how can you optimise it, so that you have a potential opportunity to sell it?

One of the first things which Kev learnt really early on, from his engineering days; systemising in engineering is all about engineering and outcome, which is mechanical, and the probability of success and failure can be designed in a way to give it the optimum potential to each the outcome.

Learn how to hire staff members here:

See From An Asset Point Of View

Kev had the same philosophy coming into business, where if you want to build a business, you have got to see it from an asset point of view, where you are building something which is an asset that you can potentially sell. That was the philosophy of how everything that Kev has done, every single moment and every single strategic move, Kev always had that in mind. 

Let me dig down deeper, and let...

This blog post has been inspired by a couple of posts which we have seen across social medias in some communities and groups, which have specifically spoken about labour shortages, which have specifically spoken about how to attract talent into your business, as you are trying to build your team and build your business. And there has been so much conversation on what impact Brexit has had, what impact COVID-19 has had, the lockdowns, all the government support which has been given to people and businesses, and there have been some people who have been speaking about struggling to hire people, saying that there are people out there that may be too lazy or the government have been giving too much support, so why would people go back to work? There have been so many conversations going back and forth, but I wanted to specifically touch on something, which Kev has personally experienced as he has built his team and his business over the last 6 years, specifically when it comes to hiring...