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Neil Twa: Building Sustainable E-Commerce Brands - #169
Manage episode 462121128 series 3234589
Neil Twa, founder of Voltage Digital Marketing, joins Alex Quin to discuss sustainable e-commerce strategies, brand building, and overcoming challenges in the Amazon FBA space. Neil shares insights from his 17+ years of experience, emphasizing the importance of branding, proper capitalization, and strategic risk-taking in business.
Get a free copy of "Almost Automated Income with FBA" by visiting voltagdm.com/freebook and using the code HUSTLEIH.
Episode Outline
[00:00:03] Introduction to Neil Twa and Voltage Digital Marketing
[00:01:29] Neil’s journey: From IBM to entrepreneurship
[00:04:45] Balancing family life with business
[00:07:06] Lessons from early failures and business bankruptcy
[00:11:11] Transitioning to physical products in e-commerce
[00:14:45] Building sustainable brands over flipping products
[00:18:33] Common misconceptions about Amazon FBA businesses
[00:22:08] The four-step process to creating a sustainable e-commerce brand
[00:27:22] Importance of understanding customer lifetime value
[00:34:10] Neil’s core values and how he wants to be remembered
[00:35:41] Special book offer for listeners
Wisdom Nuggets
Think Long-Term, Not Short-Term: Building a sustainable brand takes time and effort. Don't fall for "get rich quick" schemes; instead, focus on creating lasting value.
Capitalization is Key: Many businesses fail because they lack the proper funding to scale. Smart investment and reinvestment in inventory and marketing are crucial.
Pivot When Needed: Success often requires adjustments. Don't be afraid to shift strategies based on data and market feedback.
Integrity Over Profit: Success in business isn't just about money; it's about honesty, responsibility, and maintaining strong values.
Data-Driven Decisions: Don't run a business based on guesswork. Use real data to inform every decision and improve efficiency.
Power Quotes:
Opportunities begin at the end of your excuses." – Neil Twa
"Revenue is vanity, profit is sanity, and cash flow is king." – Neil Twa
Connect With Neil Twa:
LinkedIn: (https://www.linkedin.com/in/neiltwa/)
Instagram: (https://www.instagram.com/neiltwa/)
Connect With the Podcast Host Alex Quin:
Instagram: (https://www.instagram.com/alexquin)
Twitter: (https://twitter.com/mralexquin)
LinkedIn: (https://www.linkedin.com/in/mralexquin)
Website: (https://alexquin.com)
TikTok: (https://www.tiktok.com/@mralexquin)
Our Community
Instagram:(https://www.instagram.com/hustleinspireshustle)
Twitter: (https://twitter.com/HustleInspires)
LinkedIn: (https://www.linkedin.com/company/hustle-inspires-hustle)
Website: (https://hustleinspireshustle.com)
*This page may contain affiliate links or sponsored content. When you click on these links or engage with the sponsored content and make a purchase or take some other action, we may receive a commission or compensation at no additional cost to you. We only promote products or services that we genuinely believe will add value to our readers & listeners.*
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
169 эпизодов
Manage episode 462121128 series 3234589
Neil Twa, founder of Voltage Digital Marketing, joins Alex Quin to discuss sustainable e-commerce strategies, brand building, and overcoming challenges in the Amazon FBA space. Neil shares insights from his 17+ years of experience, emphasizing the importance of branding, proper capitalization, and strategic risk-taking in business.
Get a free copy of "Almost Automated Income with FBA" by visiting voltagdm.com/freebook and using the code HUSTLEIH.
Episode Outline
[00:00:03] Introduction to Neil Twa and Voltage Digital Marketing
[00:01:29] Neil’s journey: From IBM to entrepreneurship
[00:04:45] Balancing family life with business
[00:07:06] Lessons from early failures and business bankruptcy
[00:11:11] Transitioning to physical products in e-commerce
[00:14:45] Building sustainable brands over flipping products
[00:18:33] Common misconceptions about Amazon FBA businesses
[00:22:08] The four-step process to creating a sustainable e-commerce brand
[00:27:22] Importance of understanding customer lifetime value
[00:34:10] Neil’s core values and how he wants to be remembered
[00:35:41] Special book offer for listeners
Wisdom Nuggets
Think Long-Term, Not Short-Term: Building a sustainable brand takes time and effort. Don't fall for "get rich quick" schemes; instead, focus on creating lasting value.
Capitalization is Key: Many businesses fail because they lack the proper funding to scale. Smart investment and reinvestment in inventory and marketing are crucial.
Pivot When Needed: Success often requires adjustments. Don't be afraid to shift strategies based on data and market feedback.
Integrity Over Profit: Success in business isn't just about money; it's about honesty, responsibility, and maintaining strong values.
Data-Driven Decisions: Don't run a business based on guesswork. Use real data to inform every decision and improve efficiency.
Power Quotes:
Opportunities begin at the end of your excuses." – Neil Twa
"Revenue is vanity, profit is sanity, and cash flow is king." – Neil Twa
Connect With Neil Twa:
LinkedIn: (https://www.linkedin.com/in/neiltwa/)
Instagram: (https://www.instagram.com/neiltwa/)
Connect With the Podcast Host Alex Quin:
Instagram: (https://www.instagram.com/alexquin)
Twitter: (https://twitter.com/mralexquin)
LinkedIn: (https://www.linkedin.com/in/mralexquin)
Website: (https://alexquin.com)
TikTok: (https://www.tiktok.com/@mralexquin)
Our Community
Instagram:(https://www.instagram.com/hustleinspireshustle)
Twitter: (https://twitter.com/HustleInspires)
LinkedIn: (https://www.linkedin.com/company/hustle-inspires-hustle)
Website: (https://hustleinspireshustle.com)
*This page may contain affiliate links or sponsored content. When you click on these links or engage with the sponsored content and make a purchase or take some other action, we may receive a commission or compensation at no additional cost to you. We only promote products or services that we genuinely believe will add value to our readers & listeners.*
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
169 эпизодов
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