May 7, 2020
Where is the crest of the wave for entrepreneurs in all this waiting? Stephen Somers, co-founder of Marketplace Superheroes, chimes in for this interview with James and Dean to discuss how e-commerce and online service businesses are set for a quantum leap. Stephen co-founded an online education and services company that helps people learn to sell their own products globally via Amazon, completely from scratch. With over $12 million in products sold on Amazon, Stephen and his business partner Robert also grew an 8-figure coaching and training business aimed at helping people learn to start up a successful side hustle, even with minimal cash and experience.
“When this started, I heard Russell (Brunson) say, ‘Now’s the time you have to be there for your audience.’ So I doubled down on streaming, and let people ask me ANYTHING about business, money, side hustles … anything you want.” – Stephen Somers
Outline of This Episode
- [05:40] The coming wave of small, online service businesses and an e-commerce boom
- [16:05] Stephen’s competitive angle and mindset for creating a successful Amazon business
- [23:12] The gold mine waiting on the entrepreneur who knows how to leverage online traffic
- [25:45] Amazon’s incredible, credibility-boosting inventory decisions in the age of COVID-19
- [27:09] The gift that keeps giving – the quarantine’s positioning opportunity for entrepreneurs
Amazing and unusual places to plant seeds on Amazon
Don’t get greedy, and don’t get fooled by the latest trends where millions of people are trying to get in to compete for precious dollars. Stephen counsels clients to start their e-commerce side hustles with extensive research for products that have potential and an existing record of searchability. The path to success doesn’t lie where you think it does – learn the secrets of “farming” a living from multiple income streams.
Online traffic’s potency to explode your side hustle growth
How Stephen’s new side hustle of golf themed t-shirts led to a GOLDEN discovery – the price of online traffic is falling, and it remains the most powerful tool for automating orders and cashing in on the shuttered, blindsided terrestrial market. With fewer competitors than EVER, e-commerce side hustles and small, internet-based service companies for local communities are poised for a boom like no other.
The biggest mistake you can make during the COVID-19 quarantine
James, Dean and Stephen rap about the unique ripeness of the time for capturing your audience’s ATTENTION, which was almost impossible to do pre-COVID. Following an inspiring line from Russell Brunson, Stephen got on Zoom and began inviting anyone, client or otherwise, to ask him questions about business, success and growth. If ever there was a time for businesses to be generous, flexible and patient, we are riding that wave!
Resources & People Mentioned
- Marketplace Superheroes https://marketplacesuperheroes.com/
- Side Hustle Heroes https://sidehustleheroes.com/
- Side Hustle Heroes on Facebook https://www.facebook.com/groups/sidehustleheroes/
- Stephen Somers on InstaGram https://instagram.com/stephenjsomers
Music for “Just The Tips” is titled, “Happy Happy Game Show” by Kevin MacLeod (http://incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License
Connect With James and Dean
James P. Friel:
- CEO Quickstart: https://jamespfriel.com/ceo-quickstart/
- Facebook Group: https://www.facebook.com/groups/hustledetox/
- Site: www.jamespfriel.com
- Facebook Group (BulletProof Business): https://www.facebook.com/groups/1107362546297055/
- Interested in being a guest on the show?
Dean Holland:
- Blog: www.DeanHolland.com
- FB Page: https://www.facebook.com/DeanHollandHQ
Just The Tips Podcast:
- Facebook Page: https://www.facebook.com/justthetipsshow/
