He Has Created Over 27 E-commerce Millionaires & Manages Over $100M In Annual Revenue
He Has Created Over 27 E-Commerce Millionaires & Manages Over $100M In Annual Revenue\nToday we\u2019re joined by Seth Kniep, the co-founder and CEO of Just One Dime, a coaching company for Amazon and e-commerce sellers. He explains what prospective students can expect from the structure of the courses and his manner of coaching, and shares some strategies for scaling a coaching business and keeping your family life thriving when your business takes off.\xa0\n\xa0\nTIME-STAMPED SHOW NOTES:\n\n[00:41] Before we jump into today\u2019s interview, please rate, review, and subscribe to the Leveling Up Podcast!\n\n[00:45] Seth shares the incredible story behind the name, Just One Dime.\n\n[01:19] How Seth\u2019s philosophy relates to Dave Ramsey\u2019s and Robert Kiyosaki's ideas.\xa0\n\n[02:06] Hear how Seth sold his first e-commerce company for $35 on eBay.\n\n[03:05] How he started doubling his dime and got up to $400 just by asking random people.\xa0\n\n[03:51] Getting into Amazon FBA and using the $400 to start selling cremation urns.\xa0\n\n[04:29] Making over $1 million in 12 months with the store and investing in real estate.\xa0\n\n[05:34] Using his Amazon profits to buy new products and reinvest in the business.\xa0\n\n[07:10] How investing in real estate can help you legally reduce your tax liability.\xa0\n\n[09:16] The importance of developing your accounting knowledge and understanding it.\xa0\n\n[10:40] The value of having a tax and wealth strategist to help you manage your money.\xa0\n\n[11:08] Managing over $100 million in Amazon revenue and the big brands they work for.\xa0\n\n[12:02] Learn how their model works for training other people to run Amazon businesses.\n\n[14:37] More about their training program and what students can expect from the coaching.\xa0\n\n[17:45] What it would cost to have an Amazon business set up and for you to be trained.\xa0\n\n[19:02] Find out whether Seth ever has equity in some of the businesses they help build.\xa0\n\n[19:34] Seth explains why he expanded to do courses in addition to e-commerce.\xa0\n\n[22:40] The importance of creating videos and getting a team in scaling your coaching.\xa0\n\n[24:50] Taking ownership of your issues before you can truly help others and grow a brand.\xa0\n\n[25:34] How their team and coaches are structured in the coaching business.\n\n[27:01] Seth shares why it is important to \u201cdate\u201d your wife to keep the spark alive.\xa0\n\n[29:19] Their family commitment to buying a property anytime they go somewhere new.\xa0\xa0\n\n[31:02] Seth shares his favorite business tool and book and explains why.\xa0\n\n\xa0\n\nResources From The Interview:\n\xa0\n\n\nSeth Kniep on LinkedIn\xa0\n\n\nSeth Kniep Email\xa0\n\nJust One Dime\n\nJust One Dime Courses\n\n\nDave Ramsey\xa0\n\n\nTom Wheelwright\xa0\n\n\nRobert Kiyosaki\xa0\xa0\n\nKevin Harrington on Twitter\n\n\xa0\nShark Tank\n\xa0\n\nBMW\n\nFront\n\nJuno\n\n\xa0\n\nMust-read book: The Goal\xa0\n\n\xa0\n\xa0\nLeave Some Feedback:\n\xa0\n\xa0\n\nWhat should I talk about next?\xa0Who should I interview? Please let me know on Twitter or in the comments below.\n\nDid you enjoy this episode?\xa0If so, please leave a short review here\n\n\nSubscribe to Leveling Up on iTunes\n\n\nGet the non-iTunes RSS Feed\n\n\n\xa0\n\xa0\nConnect with Eric Siu:\xa0\n\xa0\n\xa0\n\nGrowth Everywhere\n\nSingle Grain\n\nEric Siu on Twitter