Most successful business owners have developed a habit along their journey that has helped lead them to where they are today. For example, Mark Zuckerberg wears the same clothes every day so he can dedicate his energy elsewhere, while Elon Musk schedules his day in five-minute increments to maximize productivity. As an Amazon FBA seller, it’s important you too develop healthy habits you can implement into your daily schedule. Take a look below for some habits you should develop if you want to find success with Amazon FBA.
The most successful entrepreneurs are the people who don’t expect immediate results. Keep in mind that it may take months or even a year before your Amazon business starts to turn a healthy profit. Anyone who tells you otherwise is either lying or got extremely lucky with their business.
Try taking deep breaths and closing your eyes when you start to feel anxiety coming on. Doing this regularly can help you achieve peace of mind and relaxation. Take note of your posture and adjust to a relaxed position – you may be flexing muscles subconsciously which can add to your stress. While you’re relaxing, attempt to envision where you want to be and the steps you need to take to get there.
Patience is also very important when it comes to reading Amazon’s terms of service. Avoid skimming these at the risk of missing an important detail. Some of the rules are confusing and will require you to do additional research or make adjustments to your business model. Failing to abide by these can result in your account being suspended or even deactivated. Remember that Amazon is different than eBay and other e-commerce sites as it holds its sellers to a much higher standard.
It’s OK to reward yourself for a day of hard work even if nothing came of it. The sad truth is that there will be many days like this on your road to becoming a successful FBA seller, so having something to look forward to at the end of a long day will help you to stay motivated. Rewards can come in many different shapes and sizes depending on the person. Your reward may be an unhealthy dessert you’d normally avoid or a trip to the movie theater at the end of the week. Rewarding yourself regularly is known to train the brain on the unconscious level and link positive feelings with certain actions. Of course, you should avoid rewarding yourself excessively as this could stall progress.
Write down or verbalize your goals
Many people start their Amazon business with the goal of making money, but just “making money” doesn’t really qualify as a goal. In order to maximize your chances of finding success, it’s important you have a specific number of sales or overall profit you plan to reach by an achievable date.
It isn’t enough to just keep this goal in your head, though. A study conducted by Dr. Gail Matthew of the Dominican University in California found that people who wrote down their goals on a regular basis realized them at a significantly higher level than those who didn’t. More specifically, she concluded that writing down goals makes you 42% more likely to achieve them. Invest in a journal where you can write down daily goals as well as your long-term desires.
While it’s not proven by science, telling others about your goals can still be helpful as it creates a sense of accountability. Depending on the person, you may feel more incentive to reach a goal if others are expecting you to do so. At the same time, this could also prove to be harmful if you’re prone to stress or constantly trying to evaluate what others think of you.
Stay involved in the Amazon seller community
Just because you’re working solo from home doesn’t mean you can’t form business relationships. Try seeking out other FBA sellers in your area who are trying to meet the same goals as you. Building connections with like-minded people will keep you motivated and competitive! This is also helpful as you can learn tips and tricks that may not be available online.
You can also stay involved in the community by listening to podcasts about selling on Amazon. Podcasts are a great tool for staying up to date on the latest trends and pieces of news involving Amazon. For example, you may come across a podcast where the hosts are discussing the implications of new rules in Amazon’s terms of service or another that highlights the best products to sell during the holidays. Check out our previous article on the best Amazon FBA podcasts so you can start downloading ASAP.
Rise early and schedule your day
One of the perks of being an entrepreneur is that you get to set your own schedule. However, this can play to your disadvantage if you become too care-free or are easily distracted working from home. Treat selling on Amazon like you would a 9-to-5 job and schedule your day as if you had a boss hovering over your shoulder. Write down a list of rules that will keep you in check. For example, if you start working at 9:15 a.m. when you told yourself you’d start at 9 a.m., add an extra 15 minutes to the end of your day like you would in the office. Give yourself a lunch break and act as if it were unpaid to increase your efficiency.
You should also get in the habit of waking up early as this practice is linked to many lifestyle benefits. This added time can be used to exercise, plan out your day or even meditate, for example. Use this time in any way you see fit, and make sure you lay out your clothes and other things needed to begin your day so you can get ready ASAP. And if just the thought of waking up early sends chills down your spine, consider tackling this goal gradually. For example, try setting your alarm clock 15 minutes earlier each morning until you’ve reached your desired time.
Develop these habits and be a better FBA seller!
While these habits alone don’t guarantee success, implementing one or even a few will surely help you to stay motivated and become a better FBA seller. Avoiding these habits entirely shows that you may not be as devoted to the business as you thought you were. If this is the case, see if you have these traits that every FBA seller should have if they want to achieve their goals.