Ecommerce_CPA @Ecommerce_CPA
Building a E-commerce empire | CPA | specializing in SMB bookkeeping, taxes, and advisory services Joined February 2024-
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Just bought @BowTiedMahi Amazon Arbitrage course! This weekend going through the course and learning. Next weekend hopefully buying my first products!
If you own a small business and want to start selling your products online only selling on 1 platform seems incredible risky, right?
There is a ton of great free information out there about Amazon Arbitrage, but I have a full time job and I want to build fast. That is why I'm 100% going to buy a course to help me get started.
First Tweet! I'm a CPA with an end goal of owner my own Accounting & Advisory firm that caters to E-commerce business's. Here's the catch, I have limited E-commerce experience. So before I start my accounting firm I am going to try and build an E-commerce business from scratch!…
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This man arguably just had the best week in human history... Thread
What do you call a group of internet thinkbois? Crows:Murder Owls:Parliament Rhinos:Crash Ferrets:Business Thinkbois:?
Omar Khan after fleecing the Bears out of Justin Fields and Joey Porter Jr. for Chase Claypool and a 6th rounder in the last 2 years
In accounting, as in all things business, prioritizing the P&L over the balance sheet is trading short-term problems for long-term ones. Make your balance sheet the star of the show and the P&L will follow.
I run my business on a 18% profit margin goal. This is what I want, I have yet to achieve this consistently. I am happy if I hit 14-15% after all expenses. I take 10% on the chin and keep going. I base all my numbers and spend on a 10% profit margin. This means I plan my…
Passed $200K on the rolling 30. 195 days since opening my Amazon seller account. What a great journey this has been.
Keepa and the Amazon app are all I use. I don’t have expensive software, a prep center, or VA’s. I’ve stayed away from CC’s/ debt. Most would argue that I’m doing it wrong, and that’s fine. At the end of the day, profit is king. I keep it simple and boring.
One thing that nobody talks about is reconciliation. From supplier --> you --> Amazon --> FC transfer --> customer There's a lot of places where inventory can go missing. Staying on top of this can save you a lot of money.
This guy started working with me in October and had less than 10k in total sales.
Small wins seem insignificant at first, but they add up. Turning $10 into $14 sounds boring until you do it 10,000 more times.
@BowTiedSalesGuy Closed a client using this messaging. The ones I didn't close? Got an almost immediate response and could move on to other things. Bulletproof 🐲
The story of how I became a natural at video: For 2 years, while running a 40 person accounting firm I published 2 videos a week to YouTube Nobody watched them After 18 months I had 500 subs It was a level of time, effort and money that no reasonable person would think was..…
I’ve sold $27K+ in the past 3 days. February is going to be my best month, since starting. I had a payout Saturday. It’s been 3 days, and my available payout is $700.55. Amazon is crunching my cash flow!!
Bookkeeper: "Here's WHAT happened" Accountant: "Here's WHY it happened" CFO: "Here's WHAT TO DO NEXT"
Reselling on Amazon will not make you a billionaire. Not even close. You will never see me flexing luxury cars or high rise apartments. The reason I operate in this business is simple: I can do whatever I want, whenever I want and make more than enough to pay for it.
$10,387 spent on inventory this morning. This is getting big.
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This is my journey so far! I moved to the US from Pakistan when I was 20 years old. Graduated from Rutgers University in New Jersey Worked at a small CPA firm and then at a big4 firm Passed all my CPA exams and earned my US citizenship last year Now starting my own firm! 🙌
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