In this Chapter, I meet Gerard Adams – A born entrepreneur. He takes us through his journey of struggle, success & tough decisions as he grew one of the most popular online publishers – Elite daily, through to it’s sale to the Daily Mail. Now heading up an incubator for entrepreneurs in Fownders, Gerard’s mission is bigger than ever.
Category: Uncategorized
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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
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#31 Barbara Oakley: Learning How to Learn
Just when I start to think I’m using my time well and getting a lot done in my life, I meet someone like Barbara Oakley.
Barbara is a true polymath. She was a captain in the U.S. Army, a Russian translator on Soviet trawlers, a radio operator in the South Pole, an engineer, university professor, researcher and the author of 8 books.
Oh, and she is also the creator and instructor of Learning to Learn, the most popular Massive Open Online Course (MOOC) ever(!), with over one million enrolled students.
In this fascinating interview, we cover many aspects of learning, including how to make it stick so we remember more and forget less, how to be more efficient so we learn more quickly, and how to remove that barriers that get in the way of effective learning.
Specifically, Barbara covers:
- How she changed her brain from hating math and science to loving it so much she now teaches engineering to college students
- What neuroscience can tell us about how to learn more effectively
- The two modes of your brain and how that impacts what and how you learn
- Why backing off can sometimes be the best thing you can do when learning something new
- How to “chunk” your learning so new knowledge is woven into prior knowledge making it easily accessible
- The best ways to develop new patterns of learning in our brains
- How to practice a skill so you can blast through plateaus and improve more quickly
- Her favorite tactic for dealing with procrastination so you can spend more time learning
- The activities she recommends that rapidly increase neural connections like fertilizer on the brain
- Whether memorization has a place in learning anymore, or simply a barrier to true understanding
- The truth about “learning types” and how identifying as a visual or auditory learner might be setting yourself up for failure.
…and a whole lot more.
If you want to be the most efficient learner you can be, and have more fun doing it, you won’t want to miss this discussion.
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Follow Shane on Twitter at: https://twitter.com/ShaneAParrish
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E14: John Vincent – Building A Restaurant Empire
In Chapter Fourteen, I’m honoured to invite John Vincent, Co-Founder of hugely popular healthy eating fast food chain Leon. Having built an empire of 52 restaurants, I wanted to find out what drives him and the lessons he’s learnt along the way. Tragically, John’s father passed away a week prior to our conversation, and he discusses what his fathers influence has taught him.
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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
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Adam Gazzaley M.D./Ph.D, Improving Your Brain with Medically Prescribable Video Games (#16)
Dr. Adam Gazzaley is a Professor in Neurology, Physiology and Psychiatry at UCSF. There he designs and develops novel software-based brain assessment and optimization tools. He is also co-founder of Akili Interactive Labs, a company developing therapeutic video games. Dr. Gazzaley has filed multiple patents for his inventions, authored over 130 scientific articles, and delivered over 600 invited presentations around the world. His research and perspectives have been consistently profiled in high-impact media, such as The New York Times, New York Times Magazine, New Yorker, Wall Street Journal, TIME, Discover, Wired, PBS, NPR, CNN and NBC Nightly News.
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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
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E13: Why We’re All F*cked Up
In this chapter, I discuss the importance I’ve learnt this past week in first impressions, the reason why we’re ALL f*cked up and how we can use that to our advantage, the 20 reasons why you shouldn’t be an entrepreneur, and I update on my new journey in moving to New York and as always, my relationship status..
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#30 Margaret Heffernan: Collaboration and Competition
Today, I’m joined by speaker, international executive and five-time author Margaret Heffernan. We discuss how to get the most out of our people, creating a thriving culture of trust and collaboration, and how to prevent potentially devastating “willful blindness.”
Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/
Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/
Follow Shane on Twitter at: https://twitter.com/ShaneAParrish
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E12: Sacha Lord’s Diary – The King of Nightlife
In this chapter I invite Sacha Lord onto the podcast to share his diary. From the halcyon days at Manchester’s famed Hacienda, to building the iconic Warehouse Project & Parklife, Sacha is a true party mastermind, and as you can imagine, he’s got a lot of stories to tell from along the way..
