Ep. 87 Forecasting Your Amazon Business for 2022 to Make Sure You Maximize Your Potential

Welcome to the Sprint to Profit Podcast for Amazon Sellers. In today’s episode, we’re talking about what you should be doing right now to make sure you are setting yourself up for success in 2022 and beyond on Amazon. It is so important to create your game plan ahead of time, because, if you don’t, you’ll never know what you need to do to be impactful.

While most sellers don’t think about the next year until after it starts. Building plans and forecasts will lead to creating a business that is proactively growing instead of having a business that is reacting to problems.Today we have four things you should do to prepare for the next year.

Right now is a good time to reflect on the past year. Once you’ve sorted through all of the lessons you’ve learned, you can then focus on what is going to help you develop the best plan for yourself. Utilize these steps in order to help kickstart a profitable and successful 2022.

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
• 02:12 - What we’re talking about today
• 03:15 - Setting goals for what you want to achieve in 2022
• 07:27 - Planning what projects will help you hit those goals
• 17:00 - Executing the plan into four 90-day plans
• 22:40 - Analyzing your cash flow and time to make sure you can achieve these goals
• 33:38 - Summary of the points
• 35:11 - Conclusion

Resources/Links:

Reach out via email: [email protected]

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:

“If your current product forecasts don’t get you to your goal, add another product (you don’t have to know what it is) and put in reasonable forecasts for that product to see if it gets you to your goal.” - Kirsty

“Review your business financials and see if you have enough cash flowing through the business to achieve the new growth projects you set forth for 2022.” - Kirsty

“Think of what you are on track to do for this year, and then add a percentage increase you feel will be possible but may be a little hard to achieve, like, say a 25% increase.” - Isaac

“Break down each product or project into a 90 day plan to make it actionable.” - Isaac