He Has Created Over 27 E-commerce Millionaires & Manages Over $100M In Annual Revenue

Leveling Up with Eric Siu - A podcast by Eric Siu

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He Has Created Over 27 E-Commerce Millionaires & Manages Over $100M In Annual Revenue Today we’re joined by Seth Kniep, the co-founder and CEO of Just One Dime, a coaching company for Amazon and e-commerce sellers. He explains what prospective students can expect from the structure of the courses and his manner of coaching, and shares some strategies for scaling a coaching business and keeping your family life thriving when your business takes off.    TIME-STAMPED SHOW NOTES: [00:41] Before we jump into today’s interview, please rate, review, and subscribe to the Leveling Up Podcast! [00:45] Seth shares the incredible story behind the name, Just One Dime. [01:19] How Seth’s philosophy relates to Dave Ramsey’s and Robert Kiyosaki's ideas.  [02:06] Hear how Seth sold his first e-commerce company for $35 on eBay. [03:05] How he started doubling his dime and got up to $400 just by asking random people.  [03:51] Getting into Amazon FBA and using the $400 to start selling cremation urns.  [04:29] Making over $1 million in 12 months with the store and investing in real estate.  [05:34] Using his Amazon profits to buy new products and reinvest in the business.  [07:10] How investing in real estate can help you legally reduce your tax liability.  [09:16] The importance of developing your accounting knowledge and understanding it.  [10:40] The value of having a tax and wealth strategist to help you manage your money.  [11:08] Managing over $100 million in Amazon revenue and the big brands they work for.  [12:02] Learn how their model works for training other people to run Amazon businesses. [14:37] More about their training program and what students can expect from the coaching.  [17:45] What it would cost to have an Amazon business set up and for you to be trained.  [19:02] Find out whether Seth ever has equity in some of the businesses they help build.  [19:34] Seth explains why he expanded to do courses in addition to e-commerce.  [22:40] The importance of creating videos and getting a team in scaling your coaching.  [24:50] Taking ownership of your issues before you can truly help others and grow a brand.  [25:34] How their team and coaches are structured in the coaching business. [27:01] Seth shares why it is important to “date” your wife to keep the spark alive.  [29:19] Their family commitment to buying a property anytime they go somewhere new.   [31:02] Seth shares his favorite business tool and book and explains why.    Resources From The Interview:   Seth Kniep on LinkedIn  Seth Kniep Email  Just One Dime Just One Dime Courses Dave Ramsey  Tom Wheelwright  Robert Kiyosaki   Kevin Harrington on Twitter   Shark Tank   BMW Front Juno   Must-read book: The Goal      Leave Some Feedback:     What should I talk about next? Who should I interview? Please let me know on Twitter or in the comments below. Did you enjoy this episode? If so, please leave a short review here Subscribe to Leveling Up on iTunes Get the non-iTunes RSS Feed     Connect with Eric Siu:      Growth Everywhere Single Grain Eric Siu on Twitter