Category: Entrepreneurship

Habits Lead to Success: Profit is a Habit

It’s that time of year. You’ve been working like crazy to take advantage of Q4. I’m seeing lots of talk in the forums about changes in Amazon and algorithm changes, etc., which may feel a bit overwhelming. Add to that, the holidays, bringing additional fun (and pressure) to make the experience special for your family. […]

Dream, Believe, Dare, Do

If you are one of the unlucky among us that hasn’t visited a Disney park, there are a few things you should know: 1.) The parks are pristine. You never see trash on the ground, buildings are immaculate, and renovations are intentionally kept from view. 2.) The Cast Members (employees) have one goal: to make […]

4th Quarter Madness!

Halloween is right around the corner, which means that it’s that time of year again for sellers. The 4th Quarter is upon us! By now, most sellers are already knee-deep in 4th quarter inventory and selling ahead of the season. But if you’re behind the curve, don’t worry; it’s not too late to prepare for […]

Back to School – 5 Lessons Kids Learn From Entrepreneur Parents

It’s the most wonderful time of the year again (for parents at least): back to school! In light of that, we thought we’d take a look at what kids can learn from entrepreneur parents. We know, of course, that kids learn a lot by example. And there are a lot of valuable lessons they can […]

Temptation – Can I Borrow from My Own Accounts for Inventory?

Guest Post by Cyndi Thomason of bookskeep Recently, I was contacted by an ecommerce seller who had read my book and implemented Profit First. They wanted my opinion about using their Sales Tax and/or Profit Account for purchasing inventory in preparation for Q4. They pointed out that it is cheaper to use this money that […]

Making Social Media Work For Your eCommerce Business

With the invention of social media, how and where we do business has dramatically shifted. Before business owners could establish, promote, and advertise their business with the click of a few buttons, they had to rely on newspapers, television, mailings, and local signage to get the same exposure. As of early 2019, The Pew Research […]

Know Your Numbers: Gross Profit Margin

Guest Post by Cyndi Thomason of bookskeep As business owners, we often concentrate on our top line sales number. We use this number as a measuring stick of sorts for how well our business is doing; how successful we are. As a member of several seller Facebook groups, I see it is a point of […]

My Books Say I’m Making Money, So Why Am I Always Short on Cash?

Summer is here, and you’ve finally gotten through the push for year-end and taxes, field trips and graduations, and spring flings and concerts. Summer is the time to slow down a bit and spend some time reflecting. How are you managing your business? Do you really have a handle on your numbers? Do you have […]