This is an absolute essential book. Everything that you do,
Speaker:whether it's on email, face-to-face, or phone, relates
Speaker:to communication with people, and that's what this book does.
Speaker:Don't talk about yourself. Ask other people about
Speaker:them, and you will find that all of a sudden, you're in a conversation, you've
Speaker:now moved to a higher level. My best months would have been maybe $3,000 for
Speaker:the month. That's when the one and only Grant Cardone changed my
Speaker:life. He talks about the 10X rule. quintessential entrepreneurial
Speaker:book that you must read. It goes without saying and it's... I'm
Speaker:Matthew Fraser and this is Amazon Ecom
Speaker:Secrets. I'll be sharing with you the secrets that helped me go from
Speaker:millions in debt to an eight-figure entrepreneur. If
Speaker:you're ready to escape the nine-to-five and live life on your terms,
Speaker:let me show you the way. Hey guys, welcome to Amazon Ecom
Speaker:Secrets. My name is Matthew Fraser, and in today's episode,
Speaker:I'm going to talk about my top five books that have
Speaker:changed my life as an entrepreneur, and
Speaker:I dare say will also change your life as well.
Speaker:Everybody who's in the entrepreneurial space has to get knowledge. This
Speaker:is the background of why you need to read books. You've got to get the knowledge.
Speaker:And each book that I'm going to show today has given me a
Speaker:different piece within the landscape of not just
Speaker:business, but how to be a better person, how to
Speaker:communicate, how to think differently about money.
Speaker:and getting yourself and your family to the next level. Depending
Speaker:on our environment, we're born with certain knowledge, and
Speaker:we receive certain amounts of knowledge from our immediate
Speaker:family and friends. And generally, they're
Speaker:going to have similar beliefs to you. So that's why you
Speaker:get tunnel vision. Most
Speaker:people have self-limiting beliefs. It's hard to break
Speaker:out of the cycle of the situation that you're in
Speaker:because you just don't know. And that's why knowledge
Speaker:is power. And I always talk about that. Knowledge is power. So this book
Speaker:is this one here, How to Win Friends and Influence
Speaker:People by Dale Carnegie. This is
Speaker:an absolute essential book. actually is
Speaker:nothing about business per se. It's not about the numbers. It's
Speaker:not about how to make more profit. It's about how to
Speaker:communicate better with people, because no matter
Speaker:what you do in life, whether it's doing deals, talking
Speaker:to someone at a car dealership, you're trying to buy a new car, you're going to have to
Speaker:talk to the used car salesman. If you're going to Mies and
Speaker:trying to do it, I don't know, get some new shirts or something, you have to communicate. But
Speaker:more importantly, And how it relates to entrepreneurship is
Speaker:you're going to have to talk to people who
Speaker:are manufacturers, who are brand owners, who
Speaker:are other people in your space like creative people.
Speaker:people who do AI, which is the big one right now, everything
Speaker:that you do, whether it's on email, face-to-face, or
Speaker:phone, relates to communication with people, and that's
Speaker:what this book does. Now, I'm just gonna give you one
Speaker:thing in this book that I remember that I have taken with
Speaker:me for life, and that is how you present
Speaker:yourself in a room. right? You want to go in
Speaker:with confidence. You want to use eye contact. And
Speaker:one of the really number one things that I learned was that don't
Speaker:talk about yourself. Ask other
Speaker:people about them. And you will find that all
Speaker:of a sudden, You're in a conversation, you've now moved to
Speaker:a higher level, particularly if you're someone who struggles with how
Speaker:to talk to people. You might have some self-doubt walking into a room,
Speaker:particularly if it's full of high flyers or who you think are high flyers.
Speaker:Ask questions of the other people, break the ice, and
Speaker:that's how you can win friends and influence people. An
Speaker:absolute read. Next book on the list. Now, this is a
Speaker:fascinating one because only recently I was talking to one of my mentoring
Speaker:clients and just out of the blue she said to me,
Speaker:oh, I've just discovered this particular book. And
Speaker:I said, what do you mean? I said, I've never read it before.
Speaker:And I was blown away. And the book I'm talking about, which is the quintessential entrepreneurial
Speaker:book that you must read. It goes without
Speaker:saying. And it's, I don't even know how old it is now. It must be 20 or
Speaker:30 years old or something. Make sure you read this one.
Speaker:And it is Rich Dad, Poor Dad by Robert
Speaker:Kiyosaki. This is the ultimate. And
Speaker:it talks about Essentially, the
Speaker:fundamental part of this book is how to move from being an employee into
Speaker:the world of being self-employed and an investor. For
Speaker:many people, they just simply don't know either how to do this or
Speaker:even that this is even possible. And so when my client came to
Speaker:me, she said, oh, look, I've just discovered this book. It's called Rich Dad, Poor Dad. And I've
Speaker:never even read it before. And my client is early
Speaker:40s, OK? He's not like 17. And I
Speaker:was blown away. I could not believe it.
Speaker:I just assumed, this is my beliefs growing
Speaker:up, was that because I read this book when
Speaker:I was probably about 21-ish, when
Speaker:I read this book back then, I just assumed then through my
Speaker:entrepreneurial journey that everyone read this book. And
Speaker:I just never knew that, I mean, you shouldn't even
Speaker:know about it. And that's why I'm doing this episode. And
Speaker:that was the inspiration for this episode. I thought, geez, if she doesn't even
Speaker:know about this book, Rich Dad, Poor Dad, then
Speaker:what else does she not know about? And how can I help get
Speaker:the message out there of what are some very quintessential
Speaker:books that you must read if you're in this self-employed slash entrepreneurial
Speaker:space? Rich Dad, Poor Dad. The number one
Speaker:takeaway for me, I remember when I read this book many,
Speaker:many years ago, was more about moving
Speaker:away from being the employee and moving into the self-employed
Speaker:and investor quadrants within the book. And I think,
Speaker:you know, it was kind of, it sort of mapped it out though, right? Because as
Speaker:a kid, I always knew that I wanted to be in
Speaker:business. Actually, I remember being 14 years
Speaker:old and telling some family friends at the time, it was actually my girlfriend's
Speaker:parents, And anyway, I'm not in
Speaker:contact with my ex-girlfriend at the time, but my parents are in contact
Speaker:with her parents. And when I run into them, they always remind
Speaker:me, Matthew, I remember when you were 14, you
Speaker:always used to say that you wanted to own a block of units. And
Speaker:I'm always blown away. I'm like, really? I was thinking that at 14? And
Speaker:obviously, the reason why I was thinking that, because I was obviously a pretty smart guy, is
Speaker:that I wanted to have multiple income streams. I didn't want to have just
Speaker:one income from one unit. I wanted to have, you know, 8-10 different
Speaker:income streams coming from this one investment property. So
Speaker:at an early age, I was already thinking along those lines. I
Speaker:remember also being the guy who was, you know, obviously I was
Speaker:doing the standard things like mowing lawns up and down the street. But I also
Speaker:remember I was heavily into BMX racing. And I remember having kids,
Speaker:this is probably, you know, in my teenage years. coming over
Speaker:to my house and I would do deals with them. I'd say, you know, we could trade
Speaker:your handlebars for my gooseneck and, you know, a bit of cash and just
Speaker:deal making all around. So I obviously had this
Speaker:kind of business mindset back
Speaker:then. And I remember also when I was doing the mowing, I created
Speaker:a very, very basic spreadsheet and mark down all
Speaker:the jobs I was doing, saving up this money to
Speaker:ultimately buy my ultimate BMX bike. And for those guys
Speaker:who were into BMX racing, my ultimate bike back then was a Robinson. It
Speaker:was like a total dream bike, which I now actually have, and
Speaker:went back and bought one. So that's some
Speaker:of the takeaways from Rich Dad Poor Dad. If
Speaker:you have not read this book, go back to the beginning, solidify
Speaker:the foundational knowledge of entrepreneurialism and
Speaker:get this book. Let's fast forward to about 2018. Now,
Speaker:let's paint the picture of where I was in this space, because by
Speaker:painting the context of where I was in my life, it does make more sense, particularly
Speaker:why these books were so impactful at the time. So
Speaker:2017 was the year that I signed up with the Amazon training program.
Speaker:The years before that, I was in the hole by
Speaker:about a million dollars. My restaurant business was just crumbling
Speaker:around me. I didn't know where to turn and I was just
Speaker:looking for some sort of salvation, some sort of sign
Speaker:of, you know, what am I going to do next? How am I going to get out of this shithole? And
Speaker:at the time, I came across a guy called Gary
Speaker:V. Now this was, I came across him on social media and
Speaker:I started absorbing the information that he was giving and
Speaker:ultimately I went in search for more. I went down some rabbit holes
Speaker:and I found this book. This book, which was a huge impact
Speaker:on me at the time, and I'll tell you in a moment why, but it's called Crushing It.
Speaker:And it talks about how great entrepreneurs build their business
Speaker:and influence and how you can too. And
Speaker:essentially, it's about how you can position yourself
Speaker:using social media to garner attention and
Speaker:or garner intention to help your business. This
Speaker:is such a good book. I went back and read all of his other books, by the way,
Speaker:and he's got a new one coming out soon too. But at the
Speaker:time, I remember I wasn't on social media.
Speaker:Well, I wasn't big on social media. I certainly wasn't doing anything like I
Speaker:do now and what a lot of people do now, which
Speaker:is basically documenting everything that you do. I certainly don't document what
Speaker:I'm eating. So Gary Vee says,
Speaker:look, You need to be on social media. If you're in business or
Speaker:you want to be self-branded, create a personal brand,
Speaker:or for any reason really, you need to be on social media
Speaker:to get attention. And I was scratching my head and I thought, jeez,
Speaker:I'm not doing that. And Gary Vee, he
Speaker:must know something. This guy's an expert in this field. So
Speaker:like what I normally do, I listen to experts, and
Speaker:I'm a very, very good student, and I like to implement. So
Speaker:I literally picked up my mobile phone and just started talking
Speaker:on camera and documenting it at the time just on
Speaker:Facebook. So this is like 2017 era.
Speaker:And at this time, he also said, hey,
Speaker:look, if you don't know what to talk about, just document
Speaker:your journey. So remember, I just signed up with this Amazon training
Speaker:program and so I literally just started documenting everything
Speaker:I was doing regarding learning the Amazon selling
Speaker:process. And if you go back actually, I
Speaker:haven't removed any of them. You could literally go back to my Facebook account
Speaker:to 2017, 18, 19, and
Speaker:you will find the very, very early videos of
Speaker:me when I was just like perhaps where you
Speaker:are now. You know, you're sort of trying to figure things out in this Amazon
Speaker:e-com space and wondering, is this for me? Am I blowing my
Speaker:money? You know, am I going to see a return on this? Is this going to be what
Speaker:gets me out of the shithole? Am I going to become a multi-millionaire? I've
Speaker:had all these questions myself and I
Speaker:just started documenting every day, you know, the sales or
Speaker:the, I guess the training I was doing, what I was learning from the
Speaker:training, how to deal with Chinese manufacturers. I remember when
Speaker:some products or samples would arrive from China, I
Speaker:would do an unboxing. Oh wow, look at this, look at this. I can't
Speaker:remember what the time, you know, like this knife that I was getting from
Speaker:China. And what I also ended
Speaker:up doing though, was as I signed up sort of around that
Speaker:time, this healthcare product and
Speaker:I signed the exclusive distribution on this healthcare product and
Speaker:I was documenting the sales of this product and
Speaker:Honestly, you should go back and watch them. They're so they're so good. I
Speaker:was so excited about One day I woke up. I was like, oh
Speaker:my god I've just made three sales and I
Speaker:was so excited. And then I'd be like refreshing the
Speaker:Amazon seller app, like two or three hours later, oh
Speaker:my God, I've just done like six sales. And
Speaker:it went from like six sales one day, and I'm marking this down, that's a record,
Speaker:I'm talking about this on camera. And then the next day be like, Oh
Speaker:my God, I've just done like nine sales. I've just done a record. Oh
Speaker:my God. And then you start getting, getting at your, um, your
Speaker:calculator and you think, Oh my God, if I could just do like nine sales a day and
Speaker:I'm making 20 bucks profit, you know, times by 365, you know, wow, I'm
Speaker:going to make like $20,000 in the first year. And
Speaker:this is the time I thought this was amazing. And
Speaker:then as it obviously progressed, I've gone from like 10 sales a
Speaker:day, 15 sales a day, and just kind of went up and up and up.
Speaker:And ultimately, if you haven't listened to my story, the
Speaker:sales, because you probably want to know where the hell the sales go, Ultimately,
Speaker:they end up going to like 800, I think my top month
Speaker:was 800 odd thousand US dollars
Speaker:in a single month on just Amazon
Speaker:USA. That's not including the UK, not including Australia, not
Speaker:including Shopify. It was just Amazon. So incredible
Speaker:to sort of look back and see This
Speaker:is the scale of where I've just, it's just starting from
Speaker:the very basics, you know, when I was so excited, and I always say to people, your
Speaker:very first sale is the best sale. Honestly, once
Speaker:you get to sort of doing a million dollars a month and stuff, you're like, oh yeah, it
Speaker:just becomes like, you know, it's a million dollars a month, two million dollars
Speaker:a month. But it's your very first sale, because that's
Speaker:the time where it locks into place that, wow, This
Speaker:is possible, right? You've now gone from finding the product in
Speaker:China, potentially, or signing up an exclusive distribution deal, you've shipped it
Speaker:all the way into Amazon, and your first sale comes through. Like, wow,
Speaker:that's amazing. Now you're just thinking about, how can I make more
Speaker:of these sales? And so why was
Speaker:reading this book so important? I haven't even told you
Speaker:yet why it was so important. Because yes, Gary says
Speaker:to be on social media, document your journey. Why? Why
Speaker:do that? What, just to tell other people about your
Speaker:sales? No, it's not actually about that. Although it's
Speaker:good to look back though and sort of see your journey and see where you
Speaker:started. something magical happened. Gary Vee
Speaker:says, document your journey, be on social media for
Speaker:eyeballs. And I had no idea why
Speaker:I was going to be on social media. What was the outcome? But
Speaker:I didn't stop and think about it. I didn't overanalyze it and think, oh, I
Speaker:don't want to be on social media because I don't know what the outcome is going to be. I just said, oh, Gary Vee must
Speaker:know what he's talking about. I'm just going to do it. This is before the healthcare
Speaker:product launched. What ended up happening? was as
Speaker:I was documenting the product before, that was actually my knife, my kitchen
Speaker:knife, chef knife product, as I was documenting that journey, a
Speaker:gentleman reached out to me, literally from seeing a
Speaker:video that I posted on Facebook, and
Speaker:guess who that was? It was the owner of the healthcare
Speaker:product. Are you listening to this? So here I am,
Speaker:just average old dude, Plugging
Speaker:away, just doing these crappy selfie videos on
Speaker:Facebook, a guy who owns a healthcare product
Speaker:business reaches out to me and he says, hey
Speaker:Matthew. I see you're selling on Amazon. I'm
Speaker:really hoping that we could meet because I have a healthcare product that
Speaker:I would like to be sold. I'd like to sell it on Amazon." That
Speaker:is a pivotal moment because what
Speaker:some people would have done is, oh, geez, I don't know about healthcare products
Speaker:and, you know, I'm not really that big on Amazon. And what if
Speaker:you think some I'm dumb, and I don't know what I'm talking about,
Speaker:and I haven't made millions of dollars yet. So he's
Speaker:going to see straight through me, and it's all going to end in disaster. I'm
Speaker:just going to say no thanks and probably move on. That's a big no-no.
Speaker:Now, I obviously didn't do that. I said, yeah, let's meet up.
Speaker:Let's meet up. Let's talk. Because probably if you go back to
Speaker:the first book that I spoke about, which was How to Win Friends
Speaker:and Influence People, I can talk to this guy. I
Speaker:don't need to know about medical products. What I know though
Speaker:is that I know more than him about Amazon because
Speaker:by that stage, I'd already started selling one product and I was in the midst of
Speaker:designing my second product, which was the ChefKnife product. So
Speaker:I knew more than him. That's all you need to know. You know more than him and
Speaker:he needs to talk to me to sell his product. So I meet up with him. He
Speaker:shows me this healthcare product and to cut a long story short, I
Speaker:signed an exclusive distribution agreement and I then go on to
Speaker:sell to date now over $45 million
Speaker:of sales across the globe on that brand alone.
Speaker:And if you are now, if
Speaker:you're dropping the phone or just like going, holy shit, yeah, that's exactly right.
Speaker:That is thanks to Gary V. Yeah, I
Speaker:love this guy. Yeah, thank you, Gary V. 45 million. Good
Speaker:work. So crushing it. Go get it.
Speaker:Now I'm going to talk about the next guy who's been so
Speaker:influential in my life, and that is none other
Speaker:than the man himself, Grant Cardone. Baby,
Speaker:I love this guy. Now, let's take you back.
Speaker:Well, this book really changed my life. Yeah, this guy changed my
Speaker:life, the 10x rule. And this was around the
Speaker:time I remember listening to him. This
Speaker:is before Gary V. This is a time when my
Speaker:business, my restaurant was in the total shit. I
Speaker:was driving Uber three or four
Speaker:days, nights a week to try and help bring more money into
Speaker:our household to help pay bills. And I
Speaker:was also selling, which I probably haven't expanded on too much before, but
Speaker:I was also selling cardboard boxes to try and just
Speaker:bring in more cash. You're like, what do you mean cardboard boxes? Yeah, I was literally selling cardboard
Speaker:boxes, ones that people would just buy to help like pack up their stuff when they're moving
Speaker:house. I was selling them out of the back of the shop, I was selling them out
Speaker:of the back of my car, I was selling them out of the garage. I had ads
Speaker:on Gumtree, literally like selling boxes for like
Speaker:$1 to maybe $4. And, you know,
Speaker:I was bringing in probably my best months would have been maybe $3,000 for
Speaker:the month. for the month. And
Speaker:I thought that was awesome. I was like, wow, 3000 bucks. And most of
Speaker:it was profit. And so that
Speaker:paints the picture of where I was at at the time. And that's
Speaker:when the one and only Grant Cardone came into my life.
Speaker:And I just, I don't know what it was, but it was around that time too
Speaker:when he also started to become quite big on social media.
Speaker:So I was kind of in that space, I was looking around for people to
Speaker:absorb knowledge from and who were ahead of me in the game. And
Speaker:he talks about the 10x rule. And without
Speaker:going into a lot of detail. Basically, it's about 10x-ing
Speaker:everything. So 10x-ing your study, 10x-ing
Speaker:your income, 10x-ing just the workload that you're doing. If
Speaker:you think you're doing enough, you're not doing enough. Do 10x that. If you think
Speaker:you're earning $100 a day and you think that's good, no, 10x that. If you think you're
Speaker:earning a million dollars a year and you think that's good, no, 10x that. and
Speaker:everything and you just start to think about wow I mean where I was at
Speaker:I just need to do more I need to double down on things and and
Speaker:study harder and and so As I'm listening to
Speaker:this book, I remember even just listening to this as I was in the
Speaker:restaurant, like cleaning one day. I've got my headphones in. I'm just like, Grant
Speaker:Cardone, Grant Cardone, just like whatever we were saying. And just getting
Speaker:this inspiration from this guy who himself didn't
Speaker:come from money. He came from like nothing. And
Speaker:that's what's so inspiring about his story. And not
Speaker:only that, He hasn't come into money until really later
Speaker:on in his life. He's not 20. I mean, he's now,
Speaker:I think, in his 60s. So when I was listening to him, he would
Speaker:have been definitely in his 50s and just
Speaker:crushing it. And it's just been just incredible to
Speaker:watch his own journey of where he's come from, certainly when I met
Speaker:him around the time of 10X. to where he is now. And
Speaker:so, you know, just the only difference between success
Speaker:and failure is 10X. So it's like a not
Speaker:giving up mentality, just keep pushing 10X everything
Speaker:that you're doing. And I mean, I was so obsessed with
Speaker:this guy, I went and bought the 10X hat, of course. I
Speaker:bought the books, obviously. I even to this day, use
Speaker:Grant Cardone's 10X diaries. I
Speaker:write down my notes of what I'm doing for the day and my goals and all that sort of stuff. So
Speaker:the guy has been very influential in my life and I
Speaker:would highly recommend that you go and seek out Grant Cardone
Speaker:to get some inspiration from him because he's definitely helped me
Speaker:think bigger. than certainly where I was at and to realize
Speaker:what is possible. Which leads me
Speaker:to number five, but not the worst book at
Speaker:all, but just number five in this journey. And that is just another
Speaker:Grant Cardone book. This one is called Be
Speaker:Obsessed or Be Average. And it was after
Speaker:he's actually written The 10X Rule, And
Speaker:this one is literally about just doubling down on everything.
Speaker:And at the time as well, I remember buying
Speaker:his book of quotes. And every
Speaker:day, every day, I would read, just like
Speaker:highlight a single quote in his 10x quotes book,
Speaker:which you can buy separately. And it
Speaker:was just so powerful. It's like, literally, I
Speaker:mean, that's one of the quotes, be obsessed or be average. And
Speaker:that's what I did. I was obsessed with everything that
Speaker:I was doing. And I was doing so much study, empowering myself
Speaker:to just take things to the next level, realizing what's possible
Speaker:and just going and getting it. And of course, this guy has
Speaker:been absolutely just instrumental in everything. So he's
Speaker:got a range of books, go and get them because I would hate for you to come to
Speaker:me and like, you know, like next month and say, Matt, I
Speaker:didn't even know about Grant Cardone. I'd be like, what the? Go and get
Speaker:off your butt and go and get some Grant Cardona to you. So guys, I hope
Speaker:you've enjoyed that episode of the top five books that have made a really big impact in
Speaker:my life. And I'm sure they're going to make an impact in your life too. And
Speaker:hey, tell me if you've got any books that have made a huge impact in your life,
Speaker:leave it in the comments below. I'd love to know what they are. All right. Thanks so
Speaker:much, guys. See you next time. Take care. Thanks for tuning into Amazon
Speaker:Ecom Secrets. If you enjoyed this episode, the best way
Speaker:to show your support is to give a five-star review on
Speaker:Apple Podcast and Spotify and make sure to
Speaker:subscribe on YouTube so you don't miss an episode. You
Speaker:can also find more at I'm Matthew Fraser
Speaker:on all social media platforms. Thanks so much. Take