Ebook Profit First for Ecommerce Sellers: Transform Your Ecommerce Business from a Cash-Eating Monster to a Money-Making Machine, by Cyndi Thomason
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Profit First for Ecommerce Sellers: Transform Your Ecommerce Business from a Cash-Eating Monster to a Money-Making Machine, by Cyndi Thomason
Ebook Profit First for Ecommerce Sellers: Transform Your Ecommerce Business from a Cash-Eating Monster to a Money-Making Machine, by Cyndi Thomason
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Review
The answers you need for your ecommerce business are within these pages...no one matches the in-depth knowledge, the breadth of experience, and the plain ol'good heart of Cyndi Thomason --Mike Michalowicz, author of Profit First, Pumpkin Plan and ClockworkIf you want the real nuts and bolts of how to profit from day one in your ecommerce business, you must read this book! So often,as ecommerce entrepreneurs, we have all the drive, product, marketing, and skills needed to make the monster grow, but lack the tools to tame the business and make it serve us and our employees. Cyndi has thoughtfully given us a book that can do just that, and without making our heads swim. --Jessi Roberts Owner and brand manager, Cheeky s Brand; Author, Backroads Boss LadyI have talked to a lot of bookkeepers and accountants over the years looking to work with ecommerce sellers. I have found none who have the same level of knowledge and understanding of the challenges of selling online as Cyndi Thomason. The processes she outlines in this book are pure gold and a must-read if you are serious about growing your ecommerce business, especially if you are not analytical by nature. --Robyn Johnson CEO, Best From the Nest
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About the Author
Cyndi Thomason is a Certified Master Profit First Professional, and the founder and president of bookskeep, a virtual company that provides bookkeeping and Profit First consulting services to ecommerce clients all over the world. Cyndi devotes much of her time speaking at various events such as ASD Market Week, ProfitCon, Marketplace Brand Accelerator Training, the Ecommerce Business School and other webinars, teaching ecommerce businesses how to implement the Profit First method. She has contributed to publications such as Skip McGrath s Online Seller s Resource and is a regular contributor to The Private Label Insider and the Inventory Lab newsletter. Honors and awards include Profit First Member of the Year 2016, Profit First Go-Giver 2017, and one of the Top 50 Women in Accounting Award 2018, presented by Practice Ignition. Cyndi is a master gardener and enjoys being surrounded by nature, spending time with family, friends and a menagerie of fur babies
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Product details
Paperback: 160 pages
Publisher: bookskeep (January 22, 2019)
Language: English
ISBN-10: 0960028315
ISBN-13: 978-0960028313
Product Dimensions:
5.5 x 0.4 x 8.5 inches
Shipping Weight: 7 ounces (View shipping rates and policies)
Average Customer Review:
4.6 out of 5 stars
7 customer reviews
Amazon Best Sellers Rank:
#55,308 in Books (See Top 100 in Books)
I saw this book right after reading Profit First by Mike Machalowicz and being that I have an eCommerce business, I thought I should buy it to help me apply the Profit First system. The reason I was disappointed is:1. The majority of the book is "copy and paste" from Profit First. I don't mean that in an underhanded way. I know she wrote the book in collaboration with Mike but it felt like I was just reading the same book over again.2. 95% of the book is for someone who sells hard products on Amazon. There are more forms of eCommerce than this! I know she knows this because she mentions at the back of the book that half her clients are Shopify users, but she barely mentions them. I have a Shopify store and use the drop-ship fulfillment method, so I don't sell on Amazon, nor do I carry inventory.3. Most digital nomads have eCommerce businesses. She even profiles one. She address the problem that being located outside the USA makes it difficult to open the bank accounts necessary for the Profit First system, but then gives no solution to it.4. Many of the Illustrations in the book are too small to read, even on a Kindle App for Mac. She says larger versions are available on her website but you have to give an email address to access them. I understand the marketing technique but since I already paid for the contents of the book ( a rather high price for a Kindle book I might add ), having to give my email address to see a readable version of it seems rather odd.My advice? If you have an FBA business or other eCommerce business that stocks inventory, get this book.If you have a drop ship store or other form of eCommerce business that doesn't require carrying inventory, save your money on this and get Profit First.
A lot of helpful info in a compact book! I liked the idea behind the original profit first but found it hard to apply to the special circumstances of e-commerce. No longer! Thomason brings a lot of experience to the table in bridging the knowledge gap of applying profit first to Ecommerce sellers.The examples she provided were really helpful and even though I don't come from an accounting background she did a good job breaking down some principles so I could understand. I really liked how she had the common lingo down for ecommerce sellers.The resources she mentions in the book were really helpful although the video tutorial she mentioned several times in the book is still not up on the website as of 1.25.19. Hopefully that will be up soon because it will make the extremely important initial assessment calculation much easier.
This is exactly what I have been looking for. We implemented the Profit First system after learning about it a year ago. However, as an Amazon seller with inventory management nightmares, it has been a challenge to get Profit First to fit right. This book has dispelled many concerns I ran into the first time, making it feel not so alone in the process and realize Profit First is a great method to the Amazon madness.Favorite chapter so far is Ch 3, Stop The Inventory Insanity. This is everything we discovered wrong with the Amazon business model but did not know what to do about it. Many coaches and mastermind groups encourage you to put things on credit and maximize inventory to grow, with little to no knowledge of your accounts (or worse a false view of your accounts). So instead of spending more on a mentor or shiny new software get this book instead. Yes, a little sweat will be involved but you worked hard to get this far already, you might as well do a little more to make a big difference and peace of mind... oh and more PROFIT.True, this may not be for dropshippers but I think there is already so much great info for that audience. Many accountant professionals steer clear from Amazon clients accounting since it is a beast. Cyndi tackles it head on, and her company Bookskeep is open for questions to help you in the process. Well done! And thank you!Loyal fan for life.
Read it three times so far... The help aids and video references are also extremely helpful. I have referred many friends and business contacts. Grateful to have come across this at an early stage of our e-commerce selling career.
Heard Cyndi speak at a high powered retreat for ecomm sellers. I cannot wait to see how she breaks down the Profit Frist principles for my business. She knows her stuff inside and out and I would recommend her teaching and bookeeping to anyone!
This is the perfect book to get you started with good habits for bookkeeping and for making sure your cash flow matches to a healthy company! Cyndi is great explaining the entire process! Buy this book now and move forward, successfully!
The concepts in this book are simple, effective and quickly applied. I have been able to get a very clear outline of my business by implementing these strategies.
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