#648: Our weekly highlights and recap of powerful business lessons

<p data-pm-slice="0 0 []">In this segment, which is targeted toward newer sellers, Jim discusses the different business model approaches of “high, high, low” vs. “low, low, high” and how that ties into the Replens model</p> <p> </p> <p>We covered episode #587 -Funding for the startup and growth stages of your Amazon business <a class="ProsemirrorEditor-link" href= "https://silentjim.com/podcast">https://silentjim.com/podcast</a> or the original YouTube video here: <a href= "https://youtu.be/pOpqPaIJCQI">https://youtu.be/pOpqPaIJCQI</a></p> <p> </p> <p>Jim explains how once newer sellers are up and running, then funding for the business becomes something to look at. He talks about “gambling vs investing” from a Biblical standpoint and what makes them different from each other!</p> <p> </p> <p>Jim warns sellers about being confident in your ability to turn $5 bills into $10 bills before securing more outside funding!</p> <p> </p> <p>Jim mentions a favorite quote by Jim Rohn - “Set out to be a millionaire, not so you can have a million dollars, but so that you can become the kind of person who is capable of having a million dollars” as well as a favorite Dave Ramsey story - The Tortoise and the Hare!</p> <p> </p> <p>Show note LINKS:</p> <p> </p> <p><a class="ProsemirrorEditor-link" href= "https://ProvenBotSourcing.com">ProvenBotSourcing.com</a> - our brand new course with online strategies to use on any website</p> <p> </p> <p>Tactical Arbitrage - use the link: <a class= "ProsemirrorEditor-link" href= "https://silentjim.com/tacticalpb">https://silentjim.com/tacticalpb</a> for their special offer for our community</p> <p> </p> <p>Learn exactly how to find profitable inventory you can sell right on Amazon in 20 minutes. We hold nothing back! Watch the video now:</p> <p><u><a class="ProsemirrorEditor-link" href= "https://SilentJim.com/introvideo">https://SilentJim.com/introvideo</a></u></p> <p> </p> <p>My Silent Team Facebook group <u><a class= "ProsemirrorEditor-link" href= "https://www.facebook.com/groups/mysilenttea