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414 : Rachel Goodlad – Use social competitiveness to create a marketplace
11th November 2019 • eCommerce Momentum Podcast • eCommerce Momentum Podcast
00:00:00 01:05:35

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Ready to sell on your own marketplace? If you though it was impossible to create your own marketplace for YOUR stuff to sell, you are wrong. BUT Rachel will tell you it is not easy. Simple but not easy is really the secret to selling online today. You must have things people want to buy and you must have to have a way to sell to them. Simple. However, everyone else also wants to sell to them and that’s where the not easy comes in. Follow the herd or create your own path? Rachel will show you how she has created hers and she can help you too.

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Rachel’s FB Group: Build your side hustle with Rachel

 

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Here is transcript- It is automated so it is not perfect but it does seem to get better over time.

Rachel:                                 [00:00:00]               Be that for you it can be, you know, any level of success is still a success. So what do you want? And then how can we help you get there? I, I really am not into everybody trying to be like everybody. I mean that’s how you’re not going to be successful anyway. You can try it. Yeah.

Cool voice guy:                  [00:00:14]               Welcome to the e-commerce momentum podcast where we focus on the people, the products, and the process of eCommerce selling today. Here’s your host Stephen Peterson.

Stephen:                             [00:00:28]               As I was putting this, uh, episode together, I’ve thought about it. Wait, Q4 is here. It’s not coming. It’s here. It’s knee deep. Your inventory should be in a Amazon said by November 6th to really, you know, to ensure that your stuff can sell. So at this point, it’s really kind of a reset for the new year. You should have your inventory and you should be repricing. Like all of us are a pricing many times a day if you’re not using an auto repricer. So at this point, the other thing I suggest you do is go back and look at your year. How’s it gone? Did it get to where you expected it to go to? Were you disappointed? I know a little bit. I think we were disappointed in a couple things that didn’t, I call them doubles. We hit a few doubles. Um, but we’re trying to hit home runs, you know, so we’ve reset our business and I’m suggesting you reset yours.

Stephen:                             [00:01:14]               And one way I offer it to you is through one of my sponsors paid sponsor and they pay me for this. So always be clear with that. But I respect him so much. It’s Gaye Lisby and Gary Ray. Um, they’re part of amazing freedom, which is Andy Simons, Nate Simons and Lee Ron Hirshhorn. Amazing group of very special people because they are all teachers. Um, every single one of them are teachers, Gaye and Gary specifically have a group. Um, and it’s a tribe. Um, it is a tribe. It’s a group where you can learn how to fish, you can learn how, what it takes, um, to be successful, um, in online arbitrage specifically. But then they do coaching too. And the coaching has been probably the biggest surprise. And it, I guess it shouldn’t surprise me, but when you see teachers teach and students receive because they all have that same heart, they all have that same goal.

Stephen:                             [00:02:09]               Um, that’s when you see their gifts come forward. And I’ve seen it and it blows my mind. Um, I’m so fortunate to be part of it. I do not take it for granted and I wouldn’t be sitting here telling you this if I didn’t believe it in my heart of hearts. And I absolutely do. I’ve seen so many examples of it. So I suggest you join their group. It’s free. But if you’re interested in getting started, a amazing freedom.com, forward slash momentum, hyphen arbitrage, momentum, hyphen arbitrage, you get 14 days of their Oh lists. They come out every day and there’s some routines to it, a couple of days of holidays and stuff, but 14 days free. So try it for 14 days. Look to see if you can buy a couple things that’ll pay for your list and then look to buy an additional thing and say, these are the changes I want to make to my business.

Stephen:                             [00:02:57]               I want to make a change this year. I want to use an hour a week or two hours a week. And that’s the way you should segment your life two hours a week working on this and give it, you know, a few months and then go back and evaluate and look at what it’s done for your business. So if you’re looking to grow $1,000 a month, what effort does it take? Right? It’s going to take effort. Do you want to scan more in stores or do you want to learn how to build a reel? I always call them building block is segmented a part of your business. So you can count on, Hey, two hours a week is going to bring me that thousand dollars a month. Therefore I’m going to invest in that. So again, it’s moment amazing. freedom.com, forward slash momentum dash arbitrage. Um, I think it’s phenomenal. And again, I wouldn’t be saying if I didn’t believe it in my heart of hearts, welcome back to the e-commerce momentum podcast.

Stephen:                             [00:03:45]               This is episode 414. Rachel, good lad. Um, get ready for a very, very cool story. Um, one that you’re going to sit back and you’ve gotta I think this is one of those things you gotta sit back, kinda get away from your distractions and take it all in and then try to picture what Rachael’s building. Um, and she’ll be honest and tell you that, you know, she starts and then the blocks fall over in the, she has to put the blocks up somewhere else and start there and the build and then pull back a little bit and adjust and tweak. But she’s clearly building something and each one of the things that she’s building, when you listen to it, you can hear earlier in the conversation how she’s building the blocks. Like she didn’t know where she was going yet. She was doing something related to it all along.

Stephen:                             [00:04:32]               Learning all the way along. I would say that anyone selling is doing the exact same thing. So where you are isn’t going to be where you’re going to be, uh, in the future. Right? So you’re building something, everything you learned, you’re learning skills, right? And then you just figure out your lane, um, and how to apply them. And I think Rachel’s done a very, very good job. I’m so smart. Great interview. Let’s get into the podcast and welcome back to the eCommerce women and podcast excited about today’s guest. Um, interesting. She surprised I reached out to her. Um, because I think sometimes you know, you’re too close to your own success or you know, you don’t see the spark that you are the glare or the sparkle. Maybe like the right, the glistening that you let go and she didn’t see it. I say it, it was so obvious to me and I’m very excited to have her on Rachel Goodlett.

Stephen:                             [00:05:23]               Welcome, Rachel. Thank you so much. It’s true that listener first time caller. But it’s true though, when you’re so close to your, I mean, this is normal for you. You don’t see yourself doing anything special. Fair. Right. Well, and I also think that that anybody can do this and so, so why do you need to listen to me? That’s a bold statement. Anybody? Yeah, I mean, think about that. That’s anybody. You’ve met a lot of your, anybody’s look at your family, all right, you’ve got it. Brother-in-law, a cousin or a nephew that there’s no chance they have enough ambition. Well that’s true. You have to

Rachel:                                 [00:05:58]               put it in the work. And that’s the, that’s the top thing that I see missing is, is that they want it to happen too fast or don’t realize how much, how many hours it takes to, to have something happen.

Stephen:                             [00:06:09]               You, you’ve been training people and so, I mean, when you look at the failures and it may be, are the non successes, maybe we’ll say it that way. Would you say that that’s the thing, it’s not abilities or brains or anything. It’s inaction.

Rachel:                                 [00:06:25]               Yeah. Yeah. I think that that people just don’t want to put in the work. They see that they see the success picture that people post on social media and they want to start there. They want to have the flexibility and, and, and not put in the work and, and just already be at that level and not realize that there’s a lot of pictures that people aren’t showing of the, the long nights. And the missing things and making sacrifices that goes in when you’re trying to figure stuff out at the beginning and you know, you’re spending your quarter four in stores and you know, maybe not, not doing all the things that it looks like, you know, maybe it looks like we’re on trips and going to conferences and things all the time when that’s, that wasn’t really the case at the beginning. We were all trying to figure it out.

Stephen:                             [00:07:08]               Mm. When, uh, when, when you go back to where you started, did you envision where you are or did you, to be honest, would you, did you think you were going to be 10 times further ahead?

Speaker 4:                           [00:07:20]               Oh

Rachel:                                 [00:07:21]               Hmm. Um, you know, when I first started I, I was just trying to do side hustles. I was just trying to do something on the side that was successful. And so I don’t know that I thought that it would be like this. As I grew it and I saw other people, other people’s success, I thought, okay, I can do that. And, um, I haven’t gotten as far as maybe I, I thought that I would now, but at the very beginning I was just trying to make it, you know, just pay extra bills or do something smaller that was successful. So I was always doing something.

Stephen:                             [00:07:52]               When I think about like where I thought I wanted to be, I’m glad I’m not there in some ways because the trade offs for me come at the cost of my example. Last night I was down in a, down by my grandkids and we went to an ice cream social. Um, you know, and you get that time, I mean, it’s an hour in change drive each way then, you know, going through all the grief in that, but that, those hours I’ll never get again. So for me, I’m so thankful. But the trade off I would have had to make, it’s Q4 Rachel, we should be working at 24, seven. Right. I mean, this isn’t quite right. Right, right. Yeah. No, it shouldn’t be, at least in my world, that Steve’s world, not necessarily anybody else’s. Right.

Rachel:                                 [00:08:32]               Yeah, no, I totally agree with that.

Stephen:                             [00:08:33]               When, when you’re coaching others, I mean, how does that discussion go? Because our, it, I mean when you talk to others, are you saying to them this is a great side hustle or are you saying to them this could be a lifestyle opportunity for you?

Rachel:                                 [00:08:48]               No, I really believe that everybody should make it what they want it to be. So whenever I’m talking to somebody else, I really try and figure out what they’re looking for and then try and show them how this can be that, I mean, it can be any of those things. It can be any of the levels that you would like it to be if you can put in the work. And so, um, I try and, and help them see what I’ve created. But also it doesn’t have to be that for you. It can be, you know, any level of success is still a success. So what do you want? And then how can we help you get there? I, I really am not into everybody trying to be like everybody. I mean, that’s how you’re not going to be successful anyway. You can try and do the same exact thing that I’m doing and it might look differently for you, and that’s okay.

Rachel:                                 [00:09:28]               You know, you, you can’t just put all the same ingredients in and get the same, same thing out. And so I think people really struggle with that because they, they try and copy what other people are doing and it doesn’t always turn out the same and then they feel like they’re failing when really you’re just putting your own spin on it. It’s you, it’s your life, it’s your time. And so it’s okay if it looks differently. And so I really try and get people to understand that first and then where should we go on your path and how should we build your dream or whatever instead of just seeing what other people have and just trying to get the same thing. There’s nothing wrong with that, but I think it really sets people up for failure when they don’t get the same results because it wasn’t the same time with the same resources, with the same relationships. Like there’s just so many different variables that go into a person’s success that I think it’s very hard to copy. Exactly.

Stephen:                             [00:10:19]               My son and I were just talking about somebody doing online buying and we all know those people who can...

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