Episode One! Our story and our business and investing journey.

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Business And Investing Sherpa

The Business and Investing Sherpa

20 episodes

4 days ago

Welcome to the Business and Investing Sherpa Podcast, where we’ll teach you how to build an automated, scalable, multi million dollar e-commerce business just like we did. Plus, we'll teach you how to invest the profits to reach financial independence and a whole lot more. We’re not interested in retiring early though, but rather, building a life we never want to retire from!

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Investing

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Episode One! Our story and our business and investing journey.

Business And Investing Sherpa

29 minutes 55 seconds

5 years ago

Episode One! Our story and our business and investing journey.

Episode One! Hear our story and our business and investing journey to learn what is possible and how to create an automated, scalable e-commerce business and invest the profits to reach financial independence!

About Us:

Our team previously built and sold an automated, scalable, multi-million dollar eCommerce business in under 4 years.

We then invested the profits for passive income to reach Financial Independence.

Now, we teach the exact strategies we followed step-by-step on this podcast and our website and blog at https://businessandinvestingsherpa.com

Today's Sponsor:

M1 Finance: https://businessandinvestingsherpa.com/m1

M1 Finance is one of my favorite investment tools because it’s FREE, it allows you to purchase partial shares of stock (so you can buy Amazon with 3 dollars instead of 3 thousand for example), and it allows you to do automatic rebalancing. With M1, you can essentially create your own Robo-Advisor and cut out all of the fees by selecting a set of low-cost index funds, setting your target percentage allocations for each fund, and turning on automatic rebalancing. If you set up auto deposits to the account each week, M1 will automatically weight the purchase of each fund back towards your targets. Plus, I think M1 is set up to help investors think long-term rather than fostering a trading mentality that you see with other apps. I have used M1 myself for many years and have no plans of stopping. One thing I have really appreciated is that when I transfer funds to M1, they are available to purchase the very next day, compared with Robinhood which takes like 5 business days, ouch. M1 is definitely unique and I love it’s features. There are plenty more I didn’t even touch on like the ability to create a portfolio line of credit at super low rates on up to 35% of your account balance and earn cash back with your own M1 checking account. To use this tool, simply click the following link: https://businessandinvesting.com/M1 . Doing so will help support the show and we would greatly appreciate it.

Resources Needed to Start Your Business and Invest the Profits (Our Top Recommendations) -

Business:

Jungle Scout - (30% Discount with this Link) Top Tool for Selling on Amazon - https://businessandinvestingsherpa.com/junglescout

TaxJar - Essential for Sales Tax Collection for Sales on Your Website - https://businessandinvestingsherpa.com/taxjar

QuickBooks - What we use for accounting, we love setting up automated rules - https://businessandinvestingsherpa.com/quickbooks

Investing:

M1 Finance - Allows you to create your own Robo-Advisor for Free! No need to pay fees - https://businessandinvestingsherpa.com/m1

FundRise - Access to Automated, Low-Cost Commercial Real Estate Investing - https://businessandinvestingsherpa.com/fundrise

Groundfloor - Access to Automated Real Estate Debt Investing - https://businessandinvestingsherpa.com/groundfloor

Robinhood - (Get a Free Stock w/ our Link) - No Commissions, Partial Shares, Crypto, etc. - https://businessandinvestingsherpa.com/robinhood

Disclaimer: The above links are affiliate links, meaning we will each a small commission at no cost to you. We greatly appreciate your support of the show in this way!