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Recent content by SparksCW

  1. SparksCW

    Just figured out the biggest AI hack!!

    GURUS 
    This is a great hack, I didn't reply initially when I saw your thread but I did set up a GPT and trained act like "MJ DeMarco, Russel Brunson for marketing strategies, Mike Michalowicz for financial management, and Michael E. Gerber for business systems." I then told it to be "challenging"...
  2. SparksCW

    $5000 to $30,000 per month - eCommerce Progress

    EXECUTION 
    I guess I lied on that one. I'm shattered, haven't stopped for months! I always find myself returning to this thread when I'm struggling, not when things are going well! We're pretty stagnant at the moment, however we have recently moved to a much bigger premises which gives us lots more...
  3. SparksCW

    Which Books Changed Your Life?

    CHAT 
    A few that have really stuck for me are: The One Thing by Gary Keller - Reminder to focus on the 20% of things that actually move the needle. Profit First by Mike Michalowicz - This was a big changer for me, I'm by no means financially free yet but this book has transformed the way I run my...
  4. SparksCW

    $5000 to $30,000 per month - eCommerce Progress

    EXECUTION 
    $400k+ in November. (profitable!) $165k in the last 7 days. (also profitable!) Now have 5 staff + me and have just made an offer to another potential new team member. Hopeful. Outgrown our warehouse + need another warehouse operative. About to delete two more product categories and disposing...
  5. SparksCW

    $5000 to $30,000 per month - eCommerce Progress

    EXECUTION 
    So we're in 2023 and time for a quick update! 8 years since I started this thread. I've re-read the entire thread and it's a bit of a roller coaster. When I started the thread my goal was $75,000 / month but we're now almost doing that per week with 2 staff and I'm chasing $500k / month. The...
  6. SparksCW

    $5000 to $30,000 per month - eCommerce Progress

    EXECUTION 
    Can't believe it's been two years since my last post on this thread. It's been a roller coaster of a couple of years. Gone from five staff down to two staff + me, one of which is my wife who's now working pretty much full time for the business after we lost our customer support operative and...
  7. SparksCW

    The real 'profit first' accounting method

    EXECUTION 
    Have you actually read the whole book or just the cover? Profit first isn’t simply about deducting your profit first. It’s about making sure there is profit to be taken in the first place and managing the cash to ensure the profit is actually available to be taken. Profit First has...
  8. SparksCW

    What are your rules of personal finance?

    INVESTING 
    Very well said.
  9. SparksCW

    $5000 to $30,000 per month - eCommerce Progress

    EXECUTION 
    Just hit $170,000 for November with a few days left to go. Even better considering we’ve been out of stock for most of the month on all our top sellers. Would have cleared $200k easy if we had stock! We now have 5 in house staff, 1 remote and planning to move to larger premises next year...
  10. SparksCW

    How Do You Celebrate Hitting a Big Milestone?

    I have a bottle of Veuve Clicquot Yellow Label on my Desk. It has a note on it saying “don’t open until 1X” I’ve had it for 2 years now, and have drunk a few other bottles since, but not this one. You see this particular bottle is worth £100,000 ... as I can only drink it when I a) clear...
  11. SparksCW

    $5000 to $30,000 per month - eCommerce Progress

    EXECUTION 
    Late last year and the beginning of this we were in a pretty poor situation, we were stagnant and actually decreasing monthly revenue not growing, made some mistakes with website platforms and fell behind. Then C0VlD-19 came along and I thought it was game over! I was in survival mode trying to...
  12. SparksCW

    $5000 to $30,000 per month - eCommerce Progress

    EXECUTION 
    It's March already! And we have a positive update! Last month was great, we beat Feb 2019 and we actually made a decent $xx,xxx profit. We also got a LOT of new stuff done, we have a bit of a system going on between the three of us here and it works quite well. I let my office manager go, not...
  13. SparksCW

    Going into business with my Dad

    PEOPLE 
    So many red flags! You say your dad is a "certified entrepreneur" but also say he has a day job?? I worked for my dad for 14 years, I learnt a lot but I owned nothing and was under paid. I left with nothing but the knowledge and skills I'd learnt from grafting for him. The "carrot on the...
  14. SparksCW

    $5000 to $30,000 per month - eCommerce Progress

    EXECUTION 
    Bank loan got approved today so next week I’ll be able to consolidate and remove my immediate cash flow issue, give a small buffer and then focus solely on selling!!
  15. SparksCW

    $5000 to $30,000 per month - eCommerce Progress

    EXECUTION 
    Hi Paul, yeah I read your threads too, was a shame for it to fail. I found your website (I think!) at one point and it looks pretty good quality so I guess it just came down to pricing and cash flow issues. I'm working hard to not let my business slip any further, hopefully I've caught it at...
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