278: Selling an Amazon FBA Business: My $425k Exit … and the Guy Who Bought It

A $425k exit on a 2.5 year old business!?

Recently a friend of mine posted about how he sold his 2.5-year-old Amazon FBA business for over $400k, which I thought was incredible.

The twist was it turned out the buyer was a familiar face as well. Spencer Haws of NichePursuits.com was the seller, and Ace Chapman of AceChapman.com was the buyer.

They are both previous guests of the show. Spencer was on episodes 18 and 70 of The Side Hustle Show talking about niche sites and software, and Ace was a guest on episode 182, talking about investing in digital real estate.

Why did Spencer decide to get into the Amazon FBA business?

“I had an idea for a product I used every day, couldn’t find exactly what I wanted on Amazon. So, I decided to find a manufacturer that can make a variation of what I like,” Spencer said.

Why was this business an attractive deal for Ace and his investors?

“The thing that I liked about the deal was the different sources of income,” Ace said.

I decided to invite them both on the Side Hustle Show to give you both sides of the deal.

You’ll hear how Spencer built up the business so quickly, why he decided to sell up, and how Ace found himself on the other end of the deal.

Tune in to hear how Spencer built an FBA business from $0-400k in less than 3 years with no prior experience in this private label space, and how Ace helps his clients raise the funds to buy online businesses.

Full Show Notes and PDF Highlight Reel: Selling an Amazon FBA Business: My $425k Exit … and the Guy Who Bought It

277: How to Set Up and Sell a Group Coaching Program

Paul Brodie is a former special needs teacher turned 11-time Amazon bestselling author.

What started as a side hustle writing about his own weight loss journey turned into a string of bestselling titles on Amazon, $3000 paid speaking gigs, 1-on-1 self-publishing coaching, and ultimately the group coaching program I invited Paul on the show to share more about.

Why go down the group coaching route?

After working with other authors on a 1-to-1 basis and seeing them achieve similar success self-publishing their books on Amazon, Paul had “an epiphany.”

By developing a group coaching program there was no limit to the number of authors he could work with.

Paul dove right in with a live webinar to test his idea for a group coaching program without a huge audience or list of his own. With 5 students signing up on the spot at $1.5k each, he started work on the content and drip-feeding modules out on a weekly basis.

Tune in to hear how Paul used the momentum from self-publishing books on Amazon to open up several other business opportunities before landing on the group coaching program.

He covers how he set the price for his program, the methods and tools he uses to automate accepting new students, delivering the weekly modules, and where he goes from here.

Full Show Notes and PDF Highlight Reel: How to Set Up and Sell a Group Coaching Program

276: 27 “Weird” Productivity Hacks You Can Try Today

What are the quick, simple, and maybe a little “weird” productivity tricks entrepreneurs use to get more done?

Well, I’m always curious about that myself so I decided to ask 26 of my most productive and successful friends for the “hacks” and tools they use every day.

(And I added in one of my own to round out the list.)

This episode was a ton of fun to put together and I owe a huge thank you to everyone who participated! I know I learned of a few new tools to try and I’m sure you will to.

If you like this style of show, you might consider checking out last year’s round-up episode as well, which asked 25 people how they made their first side hustle or business income.

You can see the participants and the approximate timestamps of their advice below. Enjoy!

Full Show Notes: 27 “Weird” Productivity Hacks You Can Try Today