Ep.61 How to Be a REAL CEO in Your Amazon Business Part 5 - Long Term Goal Setting and Planning

Welcome to the Sprint to Profit Podcast for Amazon Sellers. Today’s episode is the fifth part of our continuing series on how to be a REAL CEO in your Amazon Business. The focus of this episode is goal setting and planning.

Today we are going to focus on how to not get lost in the weeds, or if you feel yourself veering off into them, how to pull yourself out of it and keep you on track, and that is by setting long term goals and creating SIMPLE plans to achieve them. In order to do that, we’ll be covering four key areas: creating goals, high impact/low effort CORE values which will get you to those goals, forecasting and budgeting, and building short-term goals to hit your long term one.

To get some FREE training on what it takes to have a successful business to fuel your lifestyle, head to www.goteamreal.com to download our FREE training today. Also head to www.goteamreal.com/income to download your free INCOME calculator.

Talking Points:

• 00:23 - Hello and Welcome
• 02:03 - Summarizing the Vision Episode
• 03:05 - Creating effective and efficient SMART Goals
• 12:12 - Understanding the actions that make the biggest impact in your business
• 22:00 - Forecasting and budgeting
• 30:15 - 90-60-30 Day Goals
• 40:50 - Recap
• 41:40 - Conclusion

Resources/Links:

Impact Matrix and SMART Goals: https://goteamreal.com/impactmatrixandsmart

Ep.57 How to Be a REAL CEO in Your Amazon Business Part 3 – Set the VISION for your company: https://goteamreal.com/podcasts/ep-57-how-to-be-a-real-ceo-in-your-amazon-business-part-3-set-the-vision-for-your-company/

Money/Time Investment Tool: https://www.goteamreal.com/smartgoal

Our Website: https://www.goteamreal.com/

Real Amazon Seller Facebook Group: https://www.facebook.com/groups/AmazonSellerRoundTable/

Quotes:

07:43 - “Generally, we’re looking for products that are $3000 profit per month. That’s a great benchmark to aim for.” - Kirsty

12:26 - “We’re all about simplicity in the business.” - Kirsty

21:45 - “The secret is, there are no secrets. The secret is that you just need to be good at doing the things that are very impactful for your business.” - Isaac

23:42 - “When you try to achieve things that you’re not likely to achieve, you actually just hurt your business.” - Isaac

37:34 - “Why would you want to do that? Why would you want something you enjoy, to feel like a job?” - Isaac