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Episode 143: Why Most Businesses Fail at Making Money (And How to Fix It)
Manage episode 493267624 series 3619756
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95% of businesses leave money on the table daily. Are you one of them?
Learn how to transform your business profits using proven money models from top entrepreneurs, plus real-life examples from eCommerce, HVAC, and more!
In this video I'll discuss:
✅ The #1 mistake most business owners make
✅ Real-world strategies to increase customer spend & loyalty
✅ How I scaled my Shopify store’s average order value by 6x
✅ Examples of successful “money models” you can apply today
✅ Bonus: How to get FREE access to Alex Hormozi’s exclusive webinar!
Don’t miss the chance to level up your business model. Register here: bit.ly/moneymodels
Comment below: Which money model will you apply first? I reply to as many as possible!
Stay till the end for bonus tips!
Subscribe for more actionable strategies for eCommerce and business owners.
Amazon sellers and eCommerce entrepreneurs over $5k per month in sales:
If you're ready to scale your Amazon business to new heights, APPLY HERE to join the Business Building Legends community: https://www.askjimmysmith.com/legends
Not there yet?
If you're just starting out or earning less than $5,000 per month on Amazon, YOU are why I make all my best resources FREE. I have nothing to sell you. Access my FREE 30-day training and other tools here: https://www.askjimmysmith.com/freetraining
Chapters:
00:00 Why 95% of Businesses Lose Money
00:19 The Mistake That’s Costing You
00:46 My Costly Lesson in Ecom
01:39 How I 6Xed My Average Order Value
03:18 What Are Money Models?
03:53 The Ice Cream Shop Genius Model
05:02 How HVAC Companies Could Do Better
06:01 Free Webinar: Master the 4 Money Models
07:31 Bonus Examples to Skyrocket Revenue
08:30 Quick Wins for Ecom Sellers
09:05 Final Thoughts + Your Next Step
Other eCommerce Training and Business Building Links:
Free Amazon Facebook Group:
The Proven Amazon Course:
eBay Training Community:
https://treasurehuntingprofits.com
Amazon Coaching (affiliate):
https://bit.ly/jimcockrumcoaching
eCommerce Accounting Services:
https://ecommerceaccountingllc.com
Replen Dashboard:
https://www.replendashboard.com
Affiliates and Discount Links:
Aura Repricer:
Helium10 (Discounts):
Disclaimer:
While all of these success stories/testimonials are from real people and we get more each and every day, please understand however that the results posted are not typical. I'm not implying you’ll duplicate them or that you’ll get any results at all! Your results will vary greatly and will depend on many factors including your experience, work ethic and other factors as well. The fact is, the average person who buys any business course or training gets little to no results. The results I share here and in other places are for reference only. Business always involves risk and your best chance of success is to take consistent, intentional action. We can equip and inspire you, but no one, including me can guarantee your results!
#BusinessGrowth #eCommerceSuccess #AlexHormozi #MoneyModels #SmallBusinessTips #ShopifyTips #IncreaseProfits #RecurringRevenue #CustomerRetention #EntrepreneurLife
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