Shownotes
Lonnie is not just an optimist, he is a practitioner of effort equals rewards. Therefore higher efforts get you higher rewards. We also dig into how to start or join a group of like minded sellers who can help you grow your business! Great solid advice.
Mentioned:
Lonnie’s Youtube channel- Garageflips
Craigslist Hunter Show
Sponsors
Gaye’s Million Dollar Arbitrage List
Transcript: (note- this is a new tool I am trying out so it is not perfect- it does seem to be getting better)
Stephen: [00:00:00] I’m excited to talk about my sponsors today, Gaye Lisby’s million dollar arbitrage group. Amazing, amazing group. This is a teacher. This is Gaye, she was a teacher. She is a teacher. Still. You need to learn. This is the type of environment you want to be in because she’s going to help you understand why, and I think that’s the hardest part of this business is understanding why. Why is the red one popular when the green one isn’t? Well, there’s usually a reason and what gay does is probably parse that better than anybody and she’ll explain the reasons for those things. I think that’s really powerful. Yes, she puts out a list. You’re going to get a good use of that list if you get in the group. Now here’s the deal. The group isn’t always open, right? So you get on the waiting list and you can join the waiting list through my link.
Stephen: [00:00:46] I’m doesn’t cost anything to get on a waiting list and if you like her service, which I find that most people do that. That’s why there’s not so many openings. You’ll be with her for a long time and so it’s amazing. Freedom Dot com. She’s part of Andy Slam. It’s group, amazing freedom.com. Forward slash momentum and you’re going to get in the waiting list. That’s all I can get you on right now. You can use my name and see if that gets you anywhere. But what I like about in the uh, what I like about what they teach in that group or the things that are going on, you know, the current things. I’ve seen a lot of stuff going on about stores going out of business. Well here’s where an opportunity is, here’s why you want to do this. Hey, be cautious about this, you know, with toys r US coming out, you’ve got to think about this and that’s the learning that you need to do.
Stephen: [00:01:30] And Gay is better than anybody else I’ve seen. So amazing. Freedom Dot com. Forward slash momentum will get you to the waiting list. Then hopefully we can get you in the group and then you’re going to see me in there and we can chat anytime you’re ready. Karen lockers. Group solutions. The number for ecommerce solutions, four ecommerce.com, forward slash momentum. It’s going to save you 50 bucks. Karen’s our account manager. We recommend her to everyone because she’s done so well for us. I mean that’s quite frankly the reason we’ve been paying her for last few years, but she’s become an important part of our team. Her and her team are so involved in our account. I just see the emails coming back and forth, hey, we did this for you. I just saw two listings today. I’m like, wait a second. Why did they show up? I didn’t put any listings up.
Stephen: [00:02:11] They got a. They got a set off to the side by Amazon and they reactivate them for me. You know what I mean? That’s the stuff that just happens when you have a strong team and I can’t recommend Karen enough if you use my code momentum. Karen pays me. I don’t want to hide that. Of course we all know that, but you’re going to save $50 and it’s a great opportunity to really, really build out your team with somebody you can trust. That’s why I recommend them. So solutions, four ecommerce solutions, the number four e-commerce dot com, forward slash momentum. It’s going to save you $50. Oh, and by the way, she’s going to do an inventory health report. Why is that important? Well, guess what fees are going up. Is your inventory health number declining like ours is? Well, here’s why and what they can do.
Stephen: [00:03:00] What I like is I get a spreadsheet from them and it says, Hey, here’s a bunch of inventory. Here’s what we recommend. And I’m like, Yep, refund. I mean a delete a returned to us, blah blah blah, whatever it is and it’s or destroy and it just happens. That’s what I like. The other thing that I have Karen helped me with a lot is creating new listings. You know, we do a lot of the research ourselves. We upload our images and then boom, magically the listing goes live and I don’t have to worry about it. Those are the services that Karen offers. Can’t recommend her enough solutions. Four ecommerce.com forward slash momentum. Save 50 bucks. Use My code. You save $50 a month every single month and it’s a great service. Plus you get that free inventory health report. I think it’s a really powerful way, so I can’t.
Stephen: [00:03:45] I’m so excited how many people have been joining her because I see it and I’m excited because the messages I get from people saying, hey, this is great. I finally feel like I can focus on something else because Karen and her team are watching this for me and I highly recommend her. Next up is scale and scope and we’ll set it on. It’s. It’s amazing. I mean it really is amazing when you sit back and think about, hey, I want to get this product up and it similar to this product and that’s what that product does well. Well therefore, if that product does well, they have the right keywords, they’ve chosen things correctly, so guess what? You scope and you could see all that stuff and that’s what the most powerful thing in the world is to copy somebody who’s done it right. That’s what you want to.
Stephen: [00:04:29] You want to take advantage of that, right? I mean it’s, it’s fair to see and so therefore you can take and apply it to your listing and immediately get that same benefit. That’s what scope does for me. SELLERLABS labs.com, forward slash momentum. It’s going to save you $50 on the service. Oh, by the way, it’s free to try. So sign up, try it and say, oh, this is how it’s done. Boom. And then you’re going to. The light’s going to go on and you’re going to be like, man, I can get my products out there. I just can’t wait. Can’t wait. So we’re labs.com forward slash momentum. The other day I bought another domain. Yes, I bought another domain. It’s almost like A. I’m admitting guilt, but it’s because I had an idea and it was something that was a pretty good idea I think is going to go pretty far.
Stephen: [00:05:18] And so what do I do? I go to try Godaddy.com forward slash momentum and save 30 percent. So domains aren’t very expensive. You get a few services, it adds up a little bit and I usually buy three years. I usually by privacy, by the way, I recommend that to buy that, you know, it’s not that much money, but when you can save 30 percent it makes it that much sweeter and it makes it easier when you’re buying domains and especially if you buy a bunch of domains. I am a domain collector and so I do tend to do that, but that 30 percent makes it a lot easier and I use go daddy because what I like is I can pop in and address I’m thinking and it’ll say nope, nope, could try this version or try this extension and then boom, there it is.
Stephen: [00:05:58] Hey, you better hurry before it goes away and the right, you know, and so try Godaddy.com forward slash momentum save 30 percent. Also want to mention about grasshopper, who was just talking to somebody the other day and they were like, Oh yeah, use this company called grasshopper. I’m like, Dude, did you buy it through my link and save 30 percent? Hello? No, they missed that. So save 30 percent. It’s try grasshopper.com. Forward slash momentum. No surprise there, but you’re going to save 30 percent and what the real cool part about that is they’re using it for their private label business and it gives them virtually a second phone on their current phone without having to get another number. They can make up a vanity number. They don’t have to go and do all the grief and sign loan contracts. Pretty easy stuff, and so if you’re creating a brand that you want to identify, you want to look professional, you want to look like a real company. Grasshopper is a great tool. It’s an app you put on your existing phone and boom, you now have a customer service to. You now have a sales department. You’d have a manufacturing division. You could forward it to somebody else. You can have it go to different voicemails, different departments, and it’s all included. So try grasshopper.com, forward slash momentum. Save 30 percent.
Cool voice guy: [00:07:13] Welcome to the ECOMMERCE moment, didn’t gas where we focus on the people, the products, and the process of ecommerce selling today. Here’s your host, Steven Peterson.
Stephen: [00:07:27] Welcome back to the ECOMMERCE momentum podcast. This is episode three. Oh, seven Lonnie Honeycutt, man. Hell man, I can talk to Lonnie all day. Um, we definitely talked longer than what the show shows because you know, we’re probably kindred spirits in some ways. You know, he sells a lot on Ebay. I still sell a lot on Ebay. He knows a lot about a lot of things. So I’m sitting there listening like, man, I can learn a tremendous amount from this guy and I’ve gotten to watch him on youtube over time as he has a show. He has several shows that you’re going to hear about all these crazy shows later on, but garage flips, that’s the title. He uses the, uh, his name of his channel and he puts out content every single day and it’s compelling content because it, it’s very instructional and then you listen to why he does it and it really, I guess I would have thought it was for a different reason, but his realness comes out and you see the real Lonnie.
Stephen: [00:08:23] And what a great guy. I’m so glad I did this interview. Let’s get into that podcast. Alright, we’ll come back to the ECOMMERCE momentum podcast. Very excited about today’s guest because he is a process type of individual. Something that I really, I strive to be and you know, I talk about a lot, you know, the standard operating procedures, how important they are. Well this gentleman has mastered it and there’s one in video that I can’t wait to talk about. Lonnie honeycutt. Welcome Lonnie. Well thank you steven. I appreciate you having me. I appreciate you and I appreciate all your
Stephen: [00:08:56] youtube. So Lonnie has a youtube channel called garage flips, that’s his name on there and he pumps out man. You pump out content to, I mean volume of content.
Lonnie: [00:09:06] Is that intentional? Oh absolutely. I’m really good friends of mine that you’ve had on your podcast recently. Steven stuff. Reese, ocular love those guys. I do too. I really liked Steve, but he likes my voice. Hold on. Hi Steve. It’s Steve. Great. So it’s still, but I noticed that, you know, they, they burst on the youtube scene and they were instantly successful like almost overnight and a lot of it has to do with their personality and the knowledge and the content is good. But a lot of it also has to do with the fact that they made a conscious, conscientious effort to upload every single day. They’re there on youtube every single day. And at first I was like, man, that’s a little too much. You’re, you know, you’re like a saturating the market that people could get tired of you. But it’s not, that’s not the case. I think there’s a lot of, I think you can really have a lot of success on youtube by uploading every day. So I started doing it about, I don’t know, a month ago or so, maybe a little more. And Man, it has made all the difference in the world. So definitely deliberate.
Stephen: [00:10:17] Wait a couple of our precall we’re talking about process and I think it gets easier the more you do. I mean common sense would tell you that. Right? So do you spend less time editing now? I’m five or six days a week versus that one or two that you’re trying to get. Perfect.
Lonnie: [00:10:37] Absolutely. Um, when we were talking about this a few minutes ago, like I’ve, I’ve gotten really good at trying to record very clean clips, very clean clip. So, um, I, I think about the editing while I’m filming so I basically want to dump all of my clips into one a, one video and I’ll watch it through the. I’ll watch the front end and the back end of each clip, but I won’t watch the middle part because I’ll know that’s good. And then I’ll just, I’ll go ahead and start. Um, you know, I’ll go ahead and start with what’s it called when it puts it all together at the end rendering, rendering and then I’ll just render it out and it’s ready to go. Man. It’s like most of my vlogs might take. I may spend five to 10 minutes on the editing process. So it’s, it’s pretty negligible.
Stephen: [00:11:34] That’s really strong that you’re only spending that amount of time because video, I mean I do audio. Audio is a lot easier to do. I mean it’s just a, hey, I’m going to rerecord something. I don’t have to worry about what it looks like, right, with what you do. You’ve got to worry about, you know, hey, your mouth was talking this way and the words are saying this and we just jumped in, that kind of thing. Um, that stuff happens and I think people understand. I just, I agree with you. I think it’s a consistency of content, not necessarily quality all the time. People understand that you’re human and I think that makes, that, adds something to it that you’re human. I think when it’s too well done, people can’t relate.
Lonnie: [00:12:12] Yeah, I agree. And in one of the things that I truly believe is that you’re better off putting out kind of a halfass product rather than, you know, putting out like one thing a week. Of course that can change though because some people do have really high production value and they do really well with it. So, I mean, I don’t know that, I don’t know that that will apply to everybody, but for me, um, for, for me it’s more important to get something out every day and to not...