As an active member in the My Silent Team (MST) community on Facebook and the private forum, I get several private messages (PM) a day asking many questions. In fact some days I feel totally overwhelmed with over 30 messages bombarding my inbox!
I try to keep up as best I can but do apologize if I have missed your messages!
Anyway, today I just saw and replied to a PM in MST from 8 days ago. Answering the questions helped me to reflect on my own thought processes and workflow. Here's the Q&A which I think could be helpful and encouraging.
1. How did you keep yourself, motivated & not get overwhelmed?
Just be determined to make it work. I approach this with a I HAVE to make it work, do or die mentality.
2. How did you deal with doubts or whenever you got stuck?
Just keep moving on. It also helped tremendously to be an active member of the MST community. People like George Thompson, Barrington McIntosh, Ryan Reger, John Bullard, Trish Dickinson, Rosaline Callaghan, Jeffrey Clark, Brett Bartlett, Jim Cockrum and so many others have been sources of inspiration, encouragement and help.
3. Did you have weekly goals that kept you on track?
Over the last 6 months, I set goals of reaching 50 SKUs, then 100, then 200. At this moment I have 278 SKUs of which 101 are active - meaning they are in stock on FBA.
The other thing I do is keep a checklist of To Do items. Almost everyday I invest at least 1 hr (and sometimes money) to watch videos, participate in spreecasts/webinars and read. From these I make notes of actionable steps to take and check them off as I complete them. I try to take action on at least 1 tip from every video I watch on the same day.
4. How much time did you devote on weekly basis/ Am assuming you are doing it part time.
Yes. I am doing it part time. I also teach English about 3x a week, lead a small church and a network of churches as well as run an local eCommerce webstore, co-direct a non-profit company and sit as president of another non-profit org. I usually spend 2-3 hours a day on FBA, usually in the early morning or late night when everyone else is asleep.
5. Finally how much did you get started with? I have limited funds, so is it possible to start of with $50?
I started with $1200. You can start with $50 if selling in your own country where you can start with items in your home, collected from family/friends or from thrift stores. Would probably need a bit more if in a country without FBA for prep fees, etc. The important thing for me is to reinvest my profits so I can grow my capital to a point where it provides a enough for both business growth and a sustainable income.
I'll end off with the sales summary for today.