#566 Top 10 pitfalls new & experienced Ecommerce sellers fall into - Part 1

<p>In this two part series we discuss the top 10 pitfalls that many new and experienced sellers fall into when launching or growing an ecommerce business.</p> <p> </p> <p>These observations come from having watched 1,000s of business building warriors both succeed and fail over the past 18 years. Many of these observations are timeless truths that are simply ignored by so many people who would otherwise see far greater results.</p> <p> </p> <p>If you're ready to work with a PROVEN team - give us a call. Details are at JimCockrumCoaching.com</p> <p> </p> <p>Pitfalls discussed in this episode include:</p> <p>Chasing shiny objects</p> <p>Pursuing "Just In Case" learning instead of "Just in Time" learning</p> <p>"Over-buying" inventory</p> <p>Trying to launch a private label brand as a new seller</p> <p>Importing and dropshipping</p> <p>Done for you models</p> <p>Part 2 covers the final pitfalls</p> <p> </p> <p>Don't forget to check out sellerboard, our awesome sponsor - THE accurate profit analytics tool for Amazon sellers that helps you calculate your profit precisely accounting for all hidden fees and in real time. Use our link and get a TWO month free trial: <u><a class="ProsemirrorEditor-link" href= "https://silentjim.com/numbers">https://SilentJim.com/numbers</a></u> </p> <p> </p> <p>In part 2 (episode #567) we will conclude the two part series with a discussion about:</p> <p> </p> <p>Sourcing using liquidations</p> <p>Buying inventory based on INSTINCT</p> <p>Using too much credit too soon</p> <p>Pursuing your passions as a business model</p> <p>Isolation sabotage</p> <p> </p> <p>Show note LINKS:</p> <p> </p> <p>My Silent Team Facebook group <u><a class= "ProsemirrorEditor-link" href= "https://www.facebook.com/groups/mysilentteam">https://www.facebook.com/groups/mysilentteam</a></u> 100% FREE! Join 70,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like th