Retail Arbitrage in Amazon, Hiring People Outside Your Expertise & More | Nick Shucet & Yaron Been - 8
The EcomXFactor Podcast: Ecommerce, Funnels & CRO - A podcast by Yaron Been
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We’re very happy to have a special guest on the podcast. In this episode, Yaron is interviewing Nick Shucet - Founder and CEO of Romans Tide and the Arbitrage Blueprint. Yaron and Nick talked about systemizing processes and procedures in order to increase productivity. They’ve also covered retail and online arbitrage, hiring people outside your expertise, delegating tasks, and tips on running multiple businesses. If you feel like you’re not productive enough, and you want to improve on being more efficient in handling your team, then you will love this episode. Thanks again for tuning in and if you like this episode, please subscribe, rate, and review us on Apple Podcasts - we’re available on all major podcasting apps too! Oh, and tell your friends as well. Help us spread the word. Guest contact details: Romans Tide - https://romanstide.com/ The Arbitrage Blueprint - http://thearbitrageblueprint.com/ Linkedin - https://www.linkedin.com/in/nshucet/ Questions / Bullets 00:03:00 - Project Management Tools 00:07:44 - How do you decide whether you should create a process or not? 00:12:20 - Tips when hiring people outside of your expertise and the importance of knowing the KPIs in auditing the quality of your employees. 00:17:02 - Self Accountability on Tasks 00:18:09 - Should you consider having a Coach or Personal Assistant to have self-accountability? 00:23:35 - What are some of your biggest mistakes on business lately 00:25:12 - Consider paying staff on a commissioned-based basis? 00:30:49 - Can you do a split test on Amazon? 00:31:23 - What is Retail Arbitrage? 00:34:38 - Why Retail Arbitrage in Amazon and not buy in-store? 00:38:25 - How do you efficiently manage your schedule? 00:42:38 - Rocketbook (a great tool for writing notes) 00:44:20 - Final words and tips + motivational video or quotes that Nick believes in