In 'The Simple Path to Wealth,' JL Collins provides a clear and accessible roadmap to financial independence. The book, written in a conversational style, emphasizes the importance of living below your means, avoiding debt, and investing in broad-based index funds, such as Vanguard's Total Stock Market Index Fund. Collins discusses key financial principles like the 'F-You Money' concept, the 4% rule, and the dangers of engaging investment advisors. He shares his personal journey and investment mistakes, making the book relatable and inspiring. Although the book is heavily focused on the U.S. market, its underlying principles are applicable to a wide range of investors.
The E-Myth Revisited by Michael E. Gerber dispels the myths about starting your own business, highlighting that most small business owners are not true entrepreneurs but rather technicians skilled in their trade. Gerber introduces the concept of the 'E-Myth' and explains that business owners must embody three key roles: the Entrepreneur (the visionary), the Manager (the organizer), and the Technician (the doer). The book emphasizes the distinction between working 'on' your business and working 'in' your business, and provides practical advice on building systems and processes to ensure a business can run independently of its owner.
Today's guest is a real estate flipper/investor who had some extra time on his hands so he started getting into ecommerce. He started out scanning for discounts in local stores for Amazon inventory, but he quickly grew into using more of a REPLENS model (as taught in the ProvenAmazonCourse.com as the initial training system we teach). Next he expanded into wholesale (as taught in the ProvenWholsaleSourcing.com training) He's seeing incredible results and gladly shared the strategies he's using to find incredible success!
We discuss how our coaching program (SilentJim.com/bookacall) works, and he seemed very interested in that as well - maybe you'd like to talk to us about it! Give us a call at the link mentioned - let's connect!
You'll get plenty of specific insights and strategies for Amazon selling success today from our guest Thomas!
Check out our sponsor link:
TheProvenConference.com - Our May 2025 event - plan to join 100s of listeners to this show in Orlando May 29-31st, 2025!
Show note LINKS:
Keepa Product Finder - Today's guest mentions he loves KPF. Learn more about Keepa at SilentJim.com/360 (Note: This module has very recently been added to the ProvenAmazonCourse.com library along with all our other incredible Keepa training!)
SilentJim.com/keepa - The service we use to help interpret all of the selling data. Keepa is discussed in depth on episode 369 at https://silentjim.com/podcast
ProvenAmazonCourse.com/100 - Our pre-conference workshop titled Path to 100 ASIN's - The Replens Accelerator. Brian and Robin Joy are teaching live in Orlando in May!
SilentJim.com/bookacall - Our guest today benefited tremendously from the coaching he's received! Inquire about your coaching options today! Let's connect!
My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 80,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated for free for life!
Today's guest: Thomas Hammond
Silent Sales Machine Radio 
