024 : R-E-A Sheinbein – Taking Time Management and Outsourcing Step-by-Step to new Levels
R-E-A got his start buying from Ebay and selling on Yahoo auctions. (Remember them?) We spend time going through his progression (kind of natural progression) from Ebay to Amazon and then to FBA. R-E-A spends much of his time focusing on outsourcing, right-sizing, and paying attention to what matters for him: he sees this as a side-hustle. With a large family, a taxing-important job, he has found a way to bring others into the business to do the day-to-day work so he can keep his perspective. He has mastered the time-management formula by outsourcing: Sourcing, Buying, Prep & Ship. He is not touching the product and yet is levels over most sellers. He talks about how he has been able to focus.
Power of Habit
The One Thing
The Compound Effect
The Everything store
Daniel Pink Start with Why
The Pareto principle (also known as the 80–20 rule, the law of the vital few, and the principle of factor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes. It is a common rule of thumb in business; e.g., “80% of your sales come from 20% of your clients.”