He left his engineering job and travels full time without touching inventory due to Amazon REPLENS

silentjimdotcom
28 Feb 202438:19

Summary

TLDRJim welcomes listeners to a podcast interview where proven Amazon coaches Brian and Robin interview Matt Hassler, a newer coach who found success on Amazon. Matt started selling online in 2022 after his mom suggested it to support their real estate business. He quickly transitioned to a travel lifestyle, living in an RV with his wife. Matt credits the proven Amazon course and coaching for accelerating his growth, especially with sourcing and backend details. He now specializes in tools, offering wholesale and branded bundles. Matt enjoys coaching to pay forward the support he received, emphasizing flexibility to meet clients' unique goals on their Amazon journey.

Takeaways

  • 😊 Matt started selling on Amazon in 2022 and was able to quit his engineering job to travel full time by January 2024
  • 👍 Coaching helped accelerate Matt's business growth by improving his sourcing techniques and optimizing backend systems
  • 🚌 Matt and his wife now travel full time in their fifth wheel camper while running their Amazon business remotely
  • 💡 Matt focuses on tools and home improvement products which are easy for him to source and ship using prep centers
  • 📈 Matt still does some online arbitrage but is transitioning more into wholesale and planning to launch private label products
  • ✅ Having an assistant handle administrative tasks freed up 15 hours a week of Matt's time to focus on business growth
  • 💰 In just over a year, Matt has grown from his first sale to over $30k monthly sales now
  • 🤝 The networking and connections available through the coaching program are as valuable as the coaching itself
  • 👩‍💻 Matt enjoys helping other sellers succeed by using his engineering background to systematize processes
  • 🔐 Properly verifying your identity information with Amazon now can prevent issues if you get selected for ID verification later

Q & A

  • What business model was Matt using when he first got started selling on Amazon?

    -Matt was using the RA (retail arbitrage) and OA (online arbitrage) models when he first started selling on Amazon. This involved finding discounted items online or in retail stores and reselling them for a profit on Amazon.

  • How long did it take Matt to transition to selling on Amazon full time?

    -It took Matt around 18 months to transition to selling on Amazon full time. He made his first sale in September 2022 and went full time in January 2024.

  • What lifestyle is Matt and his wife currently living?

    -Matt and his wife currently travel full-time in a fifth wheel camper. They go south in the winter to places like Florida and travel north in the summer.

  • What business model is Matt transitioning his business to focus on?

    -Matt is transitioning his business to focus more on wholesale and private label. He finds wholesale allows him to scale his business faster by being able to invest more capital.

  • How does Matt run his Amazon business while traveling full-time?

    -While traveling, Matt relies on virtual assistants to help manage parts of his business. This allows him to focus his time on higher priority tasks.

  • What value did Matt find in the coaching program?

    -Matt found the coaching program helped accelerate his growth tremendously. He estimates his sales increased 40-50% within the first couple months of getting coaching.

  • Why did Matt decide to become an Amazon coach?

    -Matt enjoyed the networking opportunities coaching provided. He also finds fulfillment in helping others succeed in building their own Amazon businesses.

  • What systems is Matt focused on building out right now?

    -Matt is focused on building out systems in his business to free up more of his time. The goal is to build a sustainable business that provides him and his wife more freedom.

  • What technique does Matt use when working with clients who don't have an engineering background?

    -Matt takes a very systematic approach to break things down step-by-step for clients without an engineering background. This helps ensure no details are missed along the way.

  • Where can people reach out if they want to work directly with Matt?

    -If people are interested in working with Matt, they can call the coaching office and request to work with him. The coaching team will get you set up to work together.

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