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

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

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. In his conversation with Eric,...

Leveling Up with Eric Siu

January 2, 202135m 40s

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Show Notes

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. 
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Resources From The Interview:

 

 

 

 

 

 

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