422 : Anna Hill – Managing Debt and Cost of goods while selling on Amazon takes intention

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eCommerce Momentum Podcast

Business


Our annual year end/new year restart episode where Anna helps us understand what "Best practices" she sees with her top clients. This business takes twists and turns and the very best are able to adapt as needed. Get your books in order so you are ready to take advantage of the market changes. Mentioned: Anna's previous episodes: Anna's Group- Accounting we will go (https://accountingwewillgo.com/momentum) Sponsors (https://accountingwewillgo.com/momentum) - Learn how to manage your business with specific Amazon Accounting training for Quickbooks online from a real CPA (https://asinzen.com/momentum/) (https://viral-launch.com/aff/idevaffiliate.php?id=2083) (http://www.amazingfreedom.com/momentum-arbitrage) (http://www.amazingfreedom.com/momentum-arbitrage) (http://www.amazingfreedom.com/momentum-arbitrage) (https://www.solutions4ecommerce.com/momentum/) (http://sellerlabs.com/momentum) (https://tacticalarbitrage.com/membership-account/membership-levels/)  – Get an 10 day free trial with code: “Tactical” (https://freeeup.com/ecommercemomentum/) – Save 10% (forever) and get an instant $25.00 voucher for your first hire. (http://trygodaddy.com/click.track?CID=344983&AFID=419630&godaddy.com=momentum) (http://trygrasshopper.com/click.track?CID=336231&AFID=419630&grasshopper.com=momentum) Transcript: Anna:                                    (https://www.temi.com/editor/t/9hETddsSSpLDK6kmoc8sm1nwNptN9CoIaMdmwchLCgi50rMs5ZCkjij7vFu73CemYmLxLcJi9vgzQMLiLJamQjNhDDc?loadFrom=DocumentDeeplink&ts=0)                     My recommendation is to go slowly and work with intention because if this is going to be a business that's healthy, there's no rush and it is so easy to get into this mentality of I must buy this deal. It's now or never, it's Q4, there'll never be another Q4 again. I need to go for it. The price, my tank, let me do this. And there's this false sense of urgency I think that takes over and it's almost like this panic feeling and try to remove emotion and is robotic about business decisions as possible. Don't fall in love with your inventory. Don't you know, fall for, I don't want to say fall for it, but don't be wooed by someone on, Cool voice guy:                  (https://www.temi.com/editor/t/9hETddsSSpLDK6kmoc8sm1nwNptN9CoIaMdmwchLCgi50rMs5ZCkjij7vFu73CemYmLxLcJi9vgzQMLiLJamQjNhDDc?loadFrom=DocumentDeeplink&ts=39.53)                     welcome to the e-commerce momentum podcast where we focus on the people, the products, and the process of e-commerce selling. Today. Here's your host, Steven Peterson. Stephen:                             (https://www.temi.com/editor/t/9hETddsSSpLDK6kmoc8sm1nwNptN9CoIaMdmwchLCgi50rMs5ZCkjij7vFu73CemYmLxLcJi9vgzQMLiLJamQjNhDDc?loadFrom=DocumentDeeplink&ts=53.14)                     You know, I have a bunch of sponsors for the podcast and they're all wonderful people, but this one stands out for me because, um, she so believes in what she's doing. Um, a, she's an e-commerce seller, okay? But she's also a CPA. And I'm talking about Anna Hill. And, uh, when you think about your business, when she talks about her business, when she talks about the top performers that she has his clients and she's got lots of clients and are all...