#355 – Time to Start Thinking About Exiting Right NOW – Here’s $$$$$$$ Why
In episode 355 of the AM/PM Podcast, Kevin and Scott discuss:
01:17 – The Man Behind The Biggest Exits In The Amazon Space
02:03 – Scott’s Brief Backstory
06:25 – From Amazon Seller To Guiding Sellers For Premium Exits
07:38 – 50% Of The Money You’ll Make In A Business Is When You Exit
08:22 – Why Do You Want To Exit A Business If You’re Making Money?
11:00 – Planning Your Business’ Exit From Day 1
16:27 – The “Return Of Your Time” Metric
19:56 – Gross Margin Profit, Gross Profit, Net Profit, Contribution Margins, SDE, and More!
23:00 – Pro Tip: Variable Profit And Contribution Margins
26:06 – Understanding Valuation For A Physical Goods Company
30:34 – Understanding Valuation For Agencies And Software Companies
33:55 – How Valuable Is An Omnichannel E-commerce Business
35:56 – The Concept Of Diversification Of Risk
37:42 – When Is The Right Time To Sell My Company?
43:37 – Watch Out For The Next Generation Of Aggregator Buyers
46:53 – Is It The Right Time To Make An Exit?
49:32 – Why Should You Hire A Broker For Your Exits?
55:49 – Talking About The Exit Ticket Course Inside Helium 10
58:01 – Join Kevin And Scott For The Billion Dollar Exit Summit In October
01:01:02 – How To Get In Touch With Scott Deetz And The Northbound Group
01:03:40 – A Golden Nugget Tip From Kevin King
Enjoy this episode? Be sure to check out our previous episodes for even more content to propel you to Amazon FBA Seller success! And don’t forget to “Like” our Facebook page and subscribe to the podcast on iTunes, Spotify, or wherever you listen to our podcast.
Want to absolutely start crushing it on eCommerce and make more money? Follow these steps for helpful resources to get started:
Get the Ultimate Resource Guide from Kevin King for tools and services that he uses every day to dominate on Amazon!
New to Selling on Amazon? Freedom Ticket offers the best tips, tricks, and strategies for beginners just starting out! Sign up for Freedom Ticket.
Trying to Find a New Product? Get the most powerful Amazon product research tool in Black Box, available only at Helium 10! Start researching with Black Box.
Want to Verify Your Product Idea? Use Xray in our Chrome extension to check how lucrative your next product idea is with over a dozen metrics of data! Download the Helium 10 Chrome Extension.
The Ultimate Software Tool Suite for Amazon Sellers! Get more Helium 10 tools that can help you to optimize your listings and increase sales for a low price! Sign up today!
Protect Your Amazon Brand with a Trademark! Protecting your brand from hijackers is vital. SellerTrademarks.com provides a streamlined process for obtaining a trademark for your business and shielding your products from fraud!
Does Amazon Owe YOU Money? Find Out for FREE! If you have been selling for over a year on Amazon, you may be owed money for lost or damaged inventory and not even know it. Get a FREE refund report to see how much you’re owed!
The post #355 – Time to Start Thinking About Exiting Right NOW – Here’s $$$$$$$ Why appeared first on AM/PM Podcast.
