The My Wife Quit Her Job Podcast With Steve Chou

In last week's episode, I broke down the numbers for my ecommerce store at BumblebeeLinens.com. So in this episode I’m going to talk about my other 7 figure online business, MyWifeQuitHerJob.com. What I like about running MyWifeQuitHerJob.com is that it’s a very hands off type of business if I need it to be, which comes in really handy when you get injured and don’t want to do anything for months in the latter half of the year. All told, I spend between 15-20 hours per week on this business and it generates over 7 figures in profit. Listen to this episode to see how 2017 went!

My wife just closed the books for 2017 so today I’m going to breakdown the numbers this past year for my ecommerce store Bumblebee Linens. It’s been quite a tumultuous year with all the traveling, the injuries and our kids activities but we still made it out with another double digit growth year. Listen to the episode to learn how we grew our business in 2017!

Happy New Year everyone! Today is a special New Years episode where I wanted to take some time to recap the year which was actually one of the most challenging years that I’ve had in a very long time. Because I have a lot to talk about, I’m actually going to split this into 3 episodes. In today’s podcast, I’m going to go over some of the lessons that I learned this past year. And in subsequent episodes, I’m going to do a detailed breakdown of how my businesses performed this past year and exactly what strategies I employed to grow them. Enjoy!

Today I’m really happy to have Chelsea Frank on the show. Chelsea is a student in myCreate A Profitable Online Store Course. She joined over a year ago and she’s been doing really well with her business LifeAndLimbGel.com. Chelsea sells hot and cold therapy products on both her online store and Amazon. But these are no ordinary hot/cold packs. They are designed to contour to your body for a perfect fit. In fact, Chelsea sent me a sample long ago when I hurt my knee and the quality of her product instantly resonated with me. Anyway, today we’re going to dig deep and find out how Chelsea came up with her design and how she managed to get the word out about her therapy products.

Today I'm happy to have Greg Mercer back on the show for the second time. If you've never heard of Greg, he's the founder and owner of JungleScout. In addition, Greg makes a killing selling on Amazon. Last time I interviewed him, he was doing 400K per month. Who knows how much he makes now? Anyway, I've known the guy for quite a while now and he's spoken at my conference multiple times. One thing that always intrigues me about Greg is that he truly lives a nomadic lifestyle. Every time I chat with the guy, he's in another country. Meanwhile, while he's traveling, he's running multiple 7 or 8 figure businesses. So today, we're going to figure out how he does it.

Today’s episode is a little different in that I’m not interviewing anyone. Instead, I brought my partner Toni Anderson on the show and we’re going to talk about our recent trip to the Canton Fair in Guangzhou China. This was my 3rd trip to Canton and my 5th trip to China but it was Toni’s first time. So I thought that it would be interesting to talk about our experiences from the perspective of someone who’s a bit jaded about going to China and from someone who went for the very first time. Enjoy the episode!

Today I’m happy to have Brad Moss on the show. Brad recently spoke at my conference, the Sellers Summit, this past year, and his presentation was very well received by the attendees. He’s the former head of Seller Central at Amazon and he has intimate knowledge of how Amazon works from the inside. And today, he’s the founder of ProductLabs.net where he helps Amazon sellers blow up their businesses. Anyway, Brad is an awesome guy and he’s got some crazy Amazon stories to tell as well. Enjoy the episode!

Today, I’ve got an extra special guest on the show. Perry Marshall is one of the world’s most sought after business consultants and is the author of many bestselling books in the PPC advertising industry including the Ultimate Guide To Google Adwords and the Ultimate Guide To Facebook ads. He’s consulted in over 300 industries and he’s known as the godfather of PPC. Enjoy the show!

Today I’m really happy to have Ron Eiger on the show. Ron is probably one of my oldest students in my Create A Profitable Online Store Course. I launched the class in 2011 to very small group and I believe Ron joined in 2012 after I released it to the public. Now what’s cool is that Ron and I have kept in touch over the years and he’s been doing awesome. He runs the store SunnyDecals.com where he sells children’s wall decals. In addition, he also private labels various products on Amazon. All told he’s on track to do 7 figures this year. Enjoy the interview

Today I’m thrilled to have Sam Parr on the show. Sam is the founder of Hustle.co which is a media company that caters to entrepreneurs. They have more than a million email subscribers and email is the backbone of their business. Every single day, they send out an awesome email that details the latest startup and tech news. The also run an annual conference called HustleCon that I had the pleasure of attending as well. Anyway, what’s amazing is that Sam has managed to build this gigantic email list in a few years which is crazy. And today, we’re going to learn how he grew his company so large in such a short period of time.

Today I’m really happy to have Tiffany Ivanofsky on the show. Tiffany is someone who I was introduced to by Toni Anderson and she is making millions of dollars selling LuLaRoe clothing. But here’s the kicker. She sells all of her inventory using Facebook Live. In fact, I’ve watched her and her husband Paul live and the way they sell is mesmerizing. Anyway, today we are going to break down how they manage to sell so many pieces of clothing live on Facebook and learn about their strategies.

Today I’m thrilled to have Dave Munson on the show. Dave is the founder of Saddleback Leather which is a company that sells indestructible leather bags. I’m actually quite familiar with the Saddleback Leather story. In fact, I even used his company as a case study in my create a profitable online store course on how to create a great unique value proposition for your products. Even though Dave’s company sells leather bags which is a commodity product that is highly competitive, Dave has created an incredibly profitable business selling bags by standing out in a competitive niche.

Today, I have someone extra special on the show and by extra special, I mean that this person is one of the main people responsible for getting me into entrepreneurship in the first place. Tina Seelig is a professor in the Management Science and Engineering department at Stanford University. She’s also the faculty director of the Stanford Technology Ventures program of which I was a member. And most importantly, she was my professor of entrepreneurship way back in 1999 along with Professor Tom Byers. Enjoy the show!

Today I’m lucky to have Rick Mulready on the show. Rick is someone who I met at Social Media Marketing World while waiting for a gigantic mob of people around Amy Porterfield to dissipate so we could say hello to her. He's a Facebook ads specialist and helps small business run profitable Facebook campaigns. He’s also runs a popular podcast called the Art of Paid Traffic and a training class called The FB Advantage. Enjoy the show!

Today, I’m really happy to have Jordan Harbinger back on the show. Jordan and I were part of the same mastermind group a while back and he runs one of the top 50 most popular podcasts in iTunes called the Art Of Charm. His podcast gets millions of downloads per month and he’s had some incredible guests on the show including Shaq, Mike Rowe, Tony Hawk, and Gary V. Anyway the last time we spoke 3 years ago, his podcast wasn’t nearly as large but it has really blown up in the past few years. And today, we are going to see how he did it. Enjoy!