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The Million Dollar Sellers Podcast
Million Dollar Sellers
65 episodes
9 months ago
Welcome to the Million Dollar Sellers Podcast hosted by MDS Member Nick Shucet. In this podcast you’ll learn how these amazing E-Commerce entrepreneurs got started, the mistakes they made along the way, the wins they have celebrated and where they are now.
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Entrepreneurship
Business
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All content for The Million Dollar Sellers Podcast is the property of Million Dollar Sellers and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Welcome to the Million Dollar Sellers Podcast hosted by MDS Member Nick Shucet. In this podcast you’ll learn how these amazing E-Commerce entrepreneurs got started, the mistakes they made along the way, the wins they have celebrated and where they are now.
Show more...
Entrepreneurship
Business
Episodes (20/65)
The Million Dollar Sellers Podcast
David Ghiyam: The Beginning of Mary Ruth’s – The Multi Million-Dollar Supplement Company
In this episode, David Ghiyam takes us back to the beginnings of Mary Ruth’s, now the billion-dollar supplement company. David shares his early financial successes, the impact of the market crash, and how he and his wife tackled the challenges of building a household brand from the ground up. In this episode you’ll learn:  How David Ghiyam and his wife started Mary Ruth’s from the ground up The challenges they faced in transitioning from a service-based business to a product-based company The crucial role of customer service in the early days of Mary Ruth’s The strategies they used to scale the business while keeping product quality high How their small beginnings laid the foundation for a nearly billion-dollar supplement brand
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1 year ago
35 minutes

The Million Dollar Sellers Podcast
#60 -Raj Sanghvi: Robotic VS Digital Process Automation - What's The Best Choice For Your Business?
Raj Sanghvi, the founder and CEO of Bitcot, discusses the impact of automation, AI, and software development on business efficiency. Raj shares insights on RPA (Robotic Process Automation) and DPA (Digital Process Automation) and highlights the benefits of leveraging technology to empower and scale businesses. The conversation also covers the practical use of AI, the importance of embracing automation, and the role of technology in business growth and efficiency. In this episode you'll learn: The difference between Robotic and Digital Process Automation. Why process mining is crucial for identifying automation opportunities and optimizing business processes. How RPA can transform e-commerce operations, from inventory management to customer service. Tips for choosing the right automation tools
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1 year ago
43 minutes

The Million Dollar Sellers Podcast
#59-Corey Ganim: How To Batch Produce Content for YouTube, Twitter & Instagram
In this episode, our host Nick Shucet welcomes Corey Ganim back to the show. Corey shares his expertise in content creation strategies, emphasizing the power of batching and setting artificial deadlines to streamline processes and boost efficiency. They delve into topics such as lead generation, closing deals, and optimizing productivity to maximize business growth. In this episode you'll learn: How setting artificial deadlines and time blocks can help manage time effectively. How batching content creation can increase efficiency and productivity.
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1 year ago
40 minutes

The Million Dollar Sellers Podcast
#58-Chelsea Cohen: Smart Inventory Management: How to Manage Stock & Avoid Costly Mistakes
Join our host Nick Shucet and Chelsea Cohen the logistics expert & founder of SoStocked, as they discuss the importance of efficient supply chain management and inventory planning for Amazon sellers. Explore real examples and case studies showcasing how sellers optimize inventory placement, navigate FBA fees, and streamline supply chain operations to drive profitability. Gain actionable insights into inventory forecasting, SKU management, and warehouse optimization. In this episode you'll learn: How to optimize Amazon's fulfillment network for cost-effective storage and efficient delivery The importance of precise inventory management to prevent stockouts and excess inventory Strategies for improving warehouse layout to speed up order fulfillment.
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1 year ago
38 minutes

The Million Dollar Sellers Podcast
#57-Miles & Maurice Huffman: How a TikTok Video Propelled a Father-Son Team to Shark Tank
In this podcast episode, Maurice and Miles Huffman share their entrepreneurial journey as a father-son duo, blending traditional business methods with modern branding strategies. They discuss the impact of technology on childhood experiences, the evolution of social media, revenue growth strategies, and the dynamics of B2B sales. With unique perspectives and complementary skills, they highlight the importance of perseverance, adaptability, and collaboration in entrepreneurship. In this episode you'll learn: Insights into managing social media's influence on personal and professional life. The importance of blending traditional business methods with contemporary branding tactics for success. Strategies for revenue growth and resilience in the face of challenges in entrepreneurship.
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1 year ago
1 hour

The Million Dollar Sellers Podcast
#56-Steven Blustein: Why You Need to Diversify Your Supply Chain Outside of China
In this episode, Nick Shucet interviews Steven Blustein, the co-founder of PrideBites and Gembah. They discuss the importance of diversifying production locations beyond China, the impact of effective supply chain management on marketing and sales, and the challenges of transitioning from an entrepreneur to a leader. In this episode you'll learn: Insights into expanding globally and overcoming market entry challenges Market research strategies to identify gaps and opportunities in niche markets The importance of diversifying supply chain production locations to mitigate risks and ensure continuity
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1 year ago
35 minutes

The Million Dollar Sellers Podcast
#4 Private Label vs Retail Arbitrage vs Wholesale | Amazon FBA Challenges
While every Amazon FBA business model offers its share of opportunities, it also presents challenges, including navigating the logistics and supply chain for private labels and mastering negotiation skills. In this Show episode, Nick & Ro delve into the strategies of private labels, wholesale, retail arbitrage, and effective Amazon selling tactics.  Gain insights on adapting to market changes, understanding buyer needs, and efficiently managing logistics and negotiations in your Amazon business. In this episode you’ll learn: Hacks to ride the market waves The lowdown on private labels, wholesale buys, and retail arbitrage Smart moves for better hiring and smoother operations
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1 year ago
41 minutes

The Million Dollar Sellers Podcast
#3 − 7 Amazon Sellers Mistakes to Avoid in 2024 & 3 Loopholes That Are Becoming Riskier
In a world where every move counts, discover how to outsmart the competition and stop the money leaks in your Amazon business!  Rolando Rosas and Nick Shucet peel back the curtain on seven mistakes to avoid making in 2024 as Amazon Sellers. Spoiler: there are proven solutions.  In this episode you'll learn:  The stealthy errors that could sabotage your Amazon success. The three loopholes that are closing or becoming riskier Proven tactics to safeguard your profits and keep your business afloat.
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1 year ago
46 minutes

The Million Dollar Sellers Podcast
#2 − Tips For Contacting Amazon Seller Support
Join hosts Nick and Ro on an interesting talk through the ins and outs of hiring, team management, and the complexities of contacting Amazon Seller Support. Tune in for an insightful discussion filled with practical advice and real examples. In this episode you'll learn: Common challenges faced by sellers when interacting with Amazon Seller Support. Effective strategies for resolving issues and optimizing your seller account. Why you should hire an employee to talk to Amazon Seller Support 
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1 year ago
28 minutes

The Million Dollar Sellers Podcast
#1 - Why Hiring Based on Personality is Better than Hiring for Skills
Welcome to the MDS Show with Nick Shucet and Rolando Rosas, where trending entrepreneur news, Amazon seller challenges, and e-commerce lifestyle take center stage. In our first episode, Nick & Ro discuss the importance of taking breaks, delegating tasks, and letting the team handle problems. They also discuss the benefits of finding the right people for your team and focusing on their strengths. Main takeaways: Take breaks and delegate tasks to avoid burnout and allow your team to grow. Finding the right people for your team is crucial for success. Look for individuals who are adaptable, independent, and willing to take risks. Having the right people in the right positions is essential for success. Balancing planning and letting go allows for flexibility and adaptability. Taking risks is necessary for growth and learning from both wins and losses.
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1 year ago
34 minutes

The Million Dollar Sellers Podcast
#55 - How Carbon6 Operates and Cultivates its Working Culture
Get behind the scenes of Carbon6 alongside our host Nick Shucet and guests Vanessa Hung, Naseem Saloojee, and Clayton Atchison in the new MDS Podcast episode. Discover the entrepreneurial spirit driving Carbon6's success as they dive into market trends, operational efficiency, and external traffic strategies. And gain valuable insights into how Carbon6 cultivates a dynamic environment where every team member is integral to achieving success. Main Takeaways Market trends and insights are crucial for Amazon sellers Operational efficiency and a solid foundation are essential for long-term success on Amazon. External traffic and automation can greatly enhance a seller's performance and reach on Amazon.
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1 year ago
30 minutes

The Million Dollar Sellers Podcast
#54 ﹣ Naseem Saloojee: How To Evaluate Business Opportunity and Market Potential
In this episode, Naseem Saloojee, the co-founder of Carbon6 shares expert tips on evaluating business opportunities and market potential. Learn practical strategies for navigating market analysis, identifying growth indicators, and making informed decisions. Naseem emphasizes the importance of trust and working with good people in building a successful partnership. Main Takeaways Building a strong partnership requires trust and complementary skill sets. The essentials of building strong partnerships based on trust and reliability. Assessing businesses and identifying their potential involves analyzing market share, customer needs, and growth opportunities.
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1 year ago
29 minutes

The Million Dollar Sellers Podcast
#53 - Tim Jordan - The 'Learn as You Go' Approach: From Firefighter to eCommerce
In this episode, our host Nick Shucet sits together with Tim Jordan, the Chief Community Officer at Carbon6. They discuss the importance of community and relationships in the e-commerce industry and highlight Carbon 6's approach to providing holistic e-commerce solutions for Amazon sellers. Tim offers advice for those going through identity shifts and leadership transitions, emphasizing the importance of transparency and seeking advice. Key Takeaways: Building relationships and understanding the e-commerce community are crucial for success in the industry. Being selective and creating structure can lead to greater efficiency. Is the 'Jump in opportunities and learn as you go' strategy good for you?
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1 year ago
25 minutes

The Million Dollar Sellers Podcast
#52 - Ian Page - How to Launch A New Product on Amazon In 2024
Discover how to launch and boost your product on Amazon in this episode with Ian Page and Nick Shucet. Ian covers pricing, quality, and valuable tips for navigating Amazon's market. Explore PPC advertising, smart inventory management, and troubleshoot common launch issues. In this episode you'll learn: The vital elements for a successful Amazon launch. Why pricing, value, and quality are crucial in your launch strategy. Advice for resellers transitioning to private label. A sneak peek at Sellico's new product focus group service.
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1 year ago
30 minutes

The Million Dollar Sellers Podcast
#51 - Rohit Nair: eCommerce Business Insurance: How to Protect Your Amazon Business
In this episode, Nick Shucet sits down with Rohit Nair, founder of Assureful Insurance and former Amazon seller. Rohit shares his journey from Amazon to Assureful, discussing challenges in e-commerce, the shortcomings of traditional insurance, and the innovative solutions Assureful offers. Gain insights into Rohit's entrepreneurial experiences and the role of technology, including ChatGPT, in Assureful's approach to data management and demand planning. In this episode you'll learn: Why you should not rely on traditional insurance Practical tips for entrepreneurs looking to enter the insurance sector Insights into risk management and coverage tailored for online businesses
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1 year ago
33 minutes

The Million Dollar Sellers Podcast
#50 - Lesley Hensell: Strategic Business Planning, SOPs and "The Amazon Incubator" Book
In this episode, Nick Shucet sits down with Lesley Hensell, co-founder of Riverbend Consulting, to delve into the evolving world of Amazon selling. The duo discusses the challenges and opportunities faced by sellers, emphasizing the importance of strategic planning in an ever-changing marketplace. Lesley introduces her latest book, "The Amazon Incubator," catering to newer sellers and offering practical insights for building a sustainable business on the e-commerce giant. In this episode you'll learn: Potential storage fee changes Why you need to protect against inauthentic claims and review abuse How to avoid and navigate Amazon account suspensions
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1 year ago
44 minutes

The Million Dollar Sellers Podcast
#49 -Nater Youngchild: From Delivering Groceries to E-commerce Heights
Join Nick Shucet and Nater Youngchild, co-founder of D8aDriven, exploring Nater's entrepreneurial journey from groceries to Amazon success. Discover insights into Amazon algorithms, challenges of scaling an agency, and the evolution of D8aDriven. Learn about Nater's Bali experience, the importance of personal passions in entrepreneurship, and post-acquisition reflections with Carbon6. Dive into work-life balance, peer support, and the impact of using D8aDriven's services on business and personal life. In this episode you'll learn: Post-acquisition dynamics: benefits and challenges Balancing personal passions, like skiing, with entrepreneurship
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1 year ago
48 minutes

The Million Dollar Sellers Podcast
#48 - Megan Harmon: Guardians of Brands: Insights into Protecting, Scaling, and Expanding on E-Commerce Platforms
Uncover brand protection strategies with Nick Shucet and Megan Harmon from ThornCrest. Learn how to tackle unauthorized sellers, and counterfeits, and navigate relationships between brands and resellers on platforms like Amazon. In this episode you'll learn: How to combat unauthorized sellers and counterfeits effectively. How to manage brand-reseller relationships successfully. How to protect your brand in various revenue tiers, including negotiation tips.
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1 year ago
36 minutes

The Million Dollar Sellers Podcast
#47 - Inside Carbon6's Toolbox: Profitable Habits, Acquisitions, and Amazon Expertise with Justin Cobb
Join Nick Shucet and Justin Cobb from Carbon 6 in this podcast episode. They unravel Carbon 6's e-commerce triumphs, discussing significant milestones such as rapid growth, achieving profitability, and the strategic shifts that made it happen. Dive into the challenges encountered, the role of the e-commerce community, and Justin Cobb's entrepreneurial journey. In this episode you'll learn: Balancing growth and efficiency in a business transitioning to profitability. The value of community and networks in the fragmented e-commerce space. Practical tips for effective company acquisitions and integration strategies.
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2 years ago
54 minutes

The Million Dollar Sellers Podcast
#46 - Burying Myself Alive: Colin Raja's Journey to Self-Discovery and Amazon Success
Join Nick Shucet and Colin Raja in this episode, where personal transformation meets e-commerce wisdom, providing valuable lessons on self-awareness and staying competitive in the world of Amazon sales. In this episode you'll learn: The "keyword linking" concept for boosting product relevance. A method for confronting personal issues and finding purpose. Data-driven Amazon strategies for top product rankings.
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2 years ago
46 minutes

The Million Dollar Sellers Podcast
Welcome to the Million Dollar Sellers Podcast hosted by MDS Member Nick Shucet. In this podcast you’ll learn how these amazing E-Commerce entrepreneurs got started, the mistakes they made along the way, the wins they have celebrated and where they are now.