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AoL 024: Unlocking the Secrets of Success to Drop Shipping and uDemy with Matt Bernstein

Online business comes in many forms. In fact, I’ve mentioned that there are 10 archetypes that people can utilize to do online business.

One of the types that I’ve had an interest in, and one that I think has a relatively low entry cost, is the Retail archetype. In session 13, our guests, Dennis and Claudia Haddix, talked about the lifestyle that their eCommerce business provided for them.

But we didn’t really get into how they do things. Heck, I didn’t even know until a few weeks ago when Dennis mentioned that he drop ships in our eCommerce meeting here in Indy.

Interestingly enough, I soon became a member of the Smart Passive Income Community on Facebook and bumped into today’s guest who has taught over 50,000 students on uDemy in various subjects, including drop shipping!

Nice!!

So, we got to talking and eventually, I learned that he was starting his own course platform called Skillhance.

Today’s guest, Matt Bernstein, is a wealth of information when it comes to building various types of businesses. Like Gary Vee, he started with baseball cards, and has worked his way up to where he is today.

In our today’s chat, we talk about how he became an entrepreneur at a young age, how the book 4 Hour Work Week changed his perspective on what and how he sold online, and how he transitioned to uDemy and how he’s managed his success on that platform.

Make sure you listen to today’s session ready to take notes as a lot of tactics will be dropped.

Also, stay tuned to the New Inceptions’ Resource Page in the future as I’ll be linking any of Matt’s courses that I think would add value to you guys.

SPECIFICALLY, YOU’LL FIND OUT MORE ABOUT:

  • How he started his first business.
  • Some of the first items he sold on eBay.
  • One the key things he got out of the 4 Hour Work Week.
  • How he got into drop shipping and how it works.
  • Some of the things to avoid when you’re working with sourcing from manufacturers.
  • Why Matt did drop shipping vs using Amazon and, particularly, FBA.
  • How he got banned from eBay.
  • Why he started doing course on uDemy.
  • How to use uDemy as a funnel to your main platform.
  • Types of courses he has on uDemy.
  • A brief overview of he makes a course.
  • How he uses social media platforms, including YouTube, Blab, and Instagram.
  • How to create content for each of those platforms. .
  • …and MUCH more.

Right click here and save-as to download this episode to your computer.

ITEMS and PEOPLE MENTIONED IN THIS EPISODE:

SHOW NOTE EXTRAS:

Matt’s Course called “How I Made $50,000+ in Profits on Udemy”
Save half off and get it for $9 here!

Matt’s Interview with Dennis Smith:

Shopify Article: How I Imported Gaming Glasses With Alibaba and Made $2,416.51 in 5 Weeks

Thanks for Listening!

Thanks so much for joining us again this week. Have some feedback you’d like to share? Leave a note in the comment section below!

If you enjoyed this episode, please share it using the social media buttons you see at the top of the post.

Also, please leave an honest review for The AoL Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and we read each and every one of them.

If you have any questions feel free to email them over via the email mentioned in the show or by our contact form.

And finally, don’t forget to subscribe to the show on iTunesStitcher, and/or Podbean. It’s absolutely free to do so.

A huge thank-you to you guys for joining us!

Cheers!

AoL 013: Unseen Motivators That Keep Entrepreneurs Going With Dennis And Claudia Haddix

For many of us, it’s hard to tell whether we’re a creative or just pretending to be. Whether we’ve had to become one out of necessity or rather we’re one naturally, many times it might be a struggle to carry on – especially if you’re just starting out. You might even sometimes wonder, “Why am I doing this?”.

For me, personally, I can’t see myself doing anything else. Ever since I was in LTD and later heard Pat Flynn, I realized that my calling was to be an entrepreneur. More specifically to help people with their online business – in what ever form that might be.

I think it could go earlier than that, however.

Being someone that has always excelled at technology, it occurred to me that I’ve always been useful to others when it came to teaching them how to use many forms of it. On top of that, I’ve had a knack for connecting with people online and, furthermore, those people with other people and ideas. (Who said gaming wasn’t useful?)

In today’s chat with Dennis and Claudia Haddix, Brian and I chat with them about business. Not the metrics and how-tos of what they do. (Even that’s what I was prepared to do!) Instead, we talk about what makes them tick as entrepreneurs. Why they do what they do.

Dennis and Claudia are experienced eCommerce entrepreneurs and have been running the Makarios Group since 2008. How I met them is through their meetup where they help others do what they do. Free of charge.

So it’s obvious, to me, they have a passion. And I think that those of us who have this natural calling to create and add value to others is something that if we neglect, we’ll always wonder what could have been.

If you currently own a business or (maybe thinking of starting one) and wonder what might keep you going over the long haul, I think it might be worth your time to see things from a veteran’s perspective. It’s an awesome conversation, and I can’t wait for you guys to hear it. Enjoy!

IN THIS EPISODE, YOU’LL LEARN:

  • How they started doing eCommerce
  • What they did before starting the Makarios Group.
  • What all our various reasons are for being entrepreneurs.
  • Why the impossible isn’t actually impossible.
  • What a day in the life of Dennis and Claudia looks like.
  • What it’s like when a hobby becomes a business (and what they believe the hardest part is about that transformation).
  • What it’s important to understand what a couple’s roles are when starting a business.
  • Why Dennis and Claudia feel people “hire” them.
  • …and MUCH more.

Right click here and save-as to download this episode to your computer.

ITEMS and PEOPLE MENTIONED IN THIS EPISODE:

  • The Makarios Group
  • eCommerce Indy Meetup Group
  • 99Designs – Great option to get help with graphic work.
  • Fizzle  Our go to community for building online businesses. First month is free!

SHOW NOTE EXTRAS:

This session’s show note extras are all eCommerce related. We didn’t really get too much into this during the conversation like I hoped, so I thought I’d drop some other’s reviews on you here.

First off, here is what got me interested in eCommerce. Pat Flynn has interviewed several people about their experiences with Fulfilled By Amazon (FBA). Going from what is called Retail Arbitrage to Private Labeling. Both can bring in a good income. Just depends on how much you want to hustle vs planning ahead and executing.

Personally, I’d check out Retail Arbitrage first as it will show you what Amazon is like. You might even try something similar on eBay as well. See if you like that better. One big difference between the two is that with eBay, you actually get a chance of getting your customers emails for future marketing. Amazon, not so much. (This will be discussed further in the later videos after the SPI section.)

Smart Passive Income Podcasts on FBA:

SPI 099: Buying Stuff and Selling it on Amazon (For 6-Figures a Year!) with Jessica and Cliff Larrew (Retail Arbitrage)

SPI 127: Building a Successful E-Commerce Business and Private Labeling with Ryan and Daniel

SPI 144: Building a Million Dollar Business in 12 Months – with Ryan Moran 

Amazon is not perfect and in some cases might not be the right choice for you to pick for your business. So below you’ll find a review on Amazon to sell products as well as a review on Shopify (which is one of the largest “competitors” of Amazon).

Pros and Cons of Using Amazon 

Pros and Cons of Using Shopify

Thanks for Listening!

Thanks so much for joining us again this week. Have some feedback you’d like to share? Leave a note in the comment section below!

If you enjoyed this episode, please share it using the social media buttons you see at the top of the post.

Also, please leave an honest review for The AoL Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and we read each and every one of them.

If you have any questions feel free to email them over via the email mentioned in the show or by our contact form.

And finally, don’t forget to subscribe to the show on iTunesStitcher, and/or Podbean. It’s absolutely free to do so.

A huge thank-you to you guys for joining us!

Cheers!