Ep.73 How to Use Key Data Points to Run Your Business Better with Rob te Braake of Finance Insights Matter

Welcome to the Sprint to Profit Podcast for Amazon Sellers. Today, we’re speaking with Rob te Braake, the founder of Finance Insight Matters. Rob, along with his co-founder Maj Juico, have worked for the past few years on a mission to help eCommerce sellers understand their business better by following the key data points that help tell people what actions they need to take.

In this episode, Rob talks with us about the importance of cash flow and following the data. He also talks about financing options, what Finance Insight Matters can do for Amazon sellers, and about how his background helps him and his clients push through common seller misconceptions about financing.

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
• 01:10 - Rob’s background and journey into Amazon
• 02:50 - Some key financial concepts people ignore
• 05:50 - The first things Rob asks clients to show them
• 09:11 - Combating self-sabotage (in terms of income)
• 12:48 - What Finance Insight Matters does to help
• 15:00 - Following the data, not your instincts
• 18:26 - How Finance Insight Matters helps Amazon sellers
• 18:00 - Financing advice for Amazon sellers
• 26:11 - Best financing options for Amazon sellers
• 32:43 - Contacting Rob
• 33:07 - Last minute tips
• 34:46 - Conclusion

Resources/Links:

Finance Insight Matters: https://financeinsightmatters.com/sprinttoprofit/

Rob’s website: https://connectrob.com/

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:

“Show me the books. No matter how messy or horrible they are. Show me what you’ve got. That still helps to understand where you are.” - Rob te Braake

“Once you get to the point that you start thinking about full-time, at least set the level you want to pay yourself once you reach full-time.” - Rob te Braake

“The data is always important but it’s not always the whole story.” - Rob te Braake

“In my experience, most sellers are on top of their profit margins.” - Rob te Braake

“The big hole in the boat is with the cash flow, usually.” - Rob te Braake