#9 Pearl Ausch – Success Story! From selling used cars to Global Amazon FBA Businesses & the kosher phone

Interested in building your own Amazon business in partnership with 7 and 8 figure Amazon Sellers?

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#AmazonFBA #Amazon #Ecommerce #Money #Kosher

In this episode Amazon Selling Expert Pearl Ausch shares her views on making money on Amazon and her unique perspective on growing a company while keeping a healthy relationship with money.

Pearl is the Chief Operating Officer (COO) of Frisbi living in Brooklyn in the Hasidic community and is a mother of three.  Frisbi helps Amazon brands scale globally and is a preferred partner of Amazon.

Pearl shares the key to getting everything done is that everything has to be planned and on the calendar.  If it’s not on her calendar then it is not happening.

Her family is a product of the Holocaust survivors.  She shares how in the community parenting has changed a lot today vs her growing up.  Her parents did push her a lot to be successful although she shared she did not do well in school academically. Today there is a much bigger focus on helping people love themselves and therapy when needed.

Pearl and her husband started on Amazon by selling gift baskets.  They grew the revenue quickly to the point they were doing over a million dollars in just six weeks but struggled to be profitable.

Pearl and her husband learned some very valuable lessons including how to manage cash flow, limit overhead, and the importance of using a 3PL (third party logistics) warehouse to become more profitable.  As a result her husband started a 3PL called Tactical Logistics.

Pearl strongly advises against using credit card and taking on debt. While debt can be helpful in some cases often it can be a “snake” that sneaks up on people and puts them in a hole they can not get out of.

Teach yourself and your family how to manage your finances.

While scaling your business globally is a huge opportunity there are also a lot of details you need to ensure are implemented including product compliance, language differences, and logistics.  Frisbi helps solve all of these things for sellers.

Pearl recommends not to expand internationally until you’ve done everything you can to maximize your sales and profitability in your domestic market.  Then make sure you are fully invested and ready to scale internationally.

Managing your financials and P&L (Profit and Loss) is critical.  First step is making sure your books are in order is a first step and then study your results, and put in a plan of action to improve.  Budgeting, budgeting, and more budgeting.  She highly recommends Dave Ramsey.

Her advice for helping your kids with money is to make sure they understand money has to be earned.

People that are successful have a budget.

She has a “Kosher” phone!  This means her phone is completely app free to help her limit all distractions and be much more productive and to be more available for her children.

Pearl and her team run their company using EOS, Entrepreneurial Operating System.  It helps ensure “everyone is in the right seat” and provides a complete management system that helps entrepreneurs reach their business goals.  Pearl highly recommend the book Traction.

Follow Pearl Ausch on LinkedIn HERE

Follow Joie Roberts on LinkedIn HERE

Check Out Frisbi Here 

Reach out to Joie on Instagram @JoieRoberts.Official

Interested in building your own Amazon business in partnership with 7 and 8 figure Amazon Sellers?

If so, apply for your free consultation with Joie Roberts and the AMZ Insiders' team of experts here => www.amzinsiders.org/apply?sl=fp