Marketing and Financial Advise with Accrue Me #141
Episode description
Rob Stanley and Donald Henig join me from Accrue Me to talk about better ways to raise capital to grow on Amazon. They also teach some great bestBefore we talk AccrueMe, let's talk your background. Don I understand you have some Hollywood history and a Broadway play? Don helped finance Rock of Ages and worked with Tom Cruise, one of his funnest investment.
Rob what business did you have in the past you sold and did I hear that you had 60+ million views on your YouTube channel? Rob - did the first take apart of an iphone on YouTube. Under company Direct Fix.
What is 1 thing Amazon sellers can do today to grow their sales?
- Do your own research. Don't just jump into something you don't know. Learn the process, do a smaller investment when starting.
- Hustle - things are not simple. Do 3 things before Noon. Reference to "the ONE thing"
Mistakes Amaozn Sellers make with financials:
- Competitors show up out of no where. Black Swan events.
- Not calculating profits correctly. Gotta factor everything in.
AccrueMe is an Amazon funding investor who shares in profits with you as your business succeeds. What makes AccrueMe different than other Amazon funding is the profit share vs monthly loay payments.
Is Amazon becoming Alibab light?
If doing a tech product, gotta invest in something new, newly invented.