We've got this belief that once we get to $100,000 a
Speaker:month in sales, that our life is going to somehow miraculously
Speaker:change. Your $250,000 profit a
Speaker:month may not last forever. So you've got to put strategies and
Speaker:processes in place to make sure you don't just put that money into
Speaker:thin air. You're going to be out there fighting every single day to
Speaker:make sure that you're getting the money in the door to put
Speaker:in your bank account. So you've got to take action and start thinking about who are
Speaker:you doing this for? Do you want to be that guy that looks back in like 50 years time and
Speaker:says, I didn't do all I could. I just sat back on the couch.
Speaker:I'm here to tell you today that breaking the nine
Speaker:to five and becoming a multi-millionaire in
Speaker:Australia is so possible, it's not even funny. I'm
Speaker:Matthew Fraser, and this is Amazon Ecom
Speaker:Secrets. I'll be sharing with you the secrets that helped me go
Speaker:from millions in debt to an eight-figure entrepreneur.
Speaker:If you're ready to escape the nine-to-five and live life on your terms,
Speaker:let me show you the way. Today is special. It's a bit different. It's
Speaker:about... mindset because I can tell you in
Speaker:my own journey my mind had to be completely expanded
Speaker:to bring in whole new beliefs because I
Speaker:even had myself self-limiting beliefs. So let's
Speaker:talk about mindset, let's talk about self-limiting beliefs,
Speaker:let's talk about doubt and how those can impact you on
Speaker:your journey. So go back to 2017. I'm
Speaker:absolutely broke. I've just started an Amazon training program.
Speaker:And I remember sitting in the audience of this training program.
Speaker:It's like 400 people in there. And they
Speaker:said, write down your goals, okay? Your goals and
Speaker:what you want to do within selling on Amazon. And I
Speaker:remember writing down in year one, I want to
Speaker:be selling like $3,000 a month. And then by year
Speaker:two, I want to be selling about $5,000 a month. And
Speaker:it kind of went, I think the biggest number I had was about $20,000 maybe
Speaker:a month within like year number five. And
Speaker:it's easy to look back now, because at the time I didn't have any
Speaker:money. So, you know, 2000 or 5000 was like
Speaker:a lot of money for us. What was considered a side hustle, right?
Speaker:Because that's generally why people start like an Amazon type business, because they
Speaker:want to do it as like a side hustle with the, the hope
Speaker:and the dreams that it will one day become a full hustle
Speaker:to replace your like nine to five job and get out of the, what we
Speaker:now talk about the matrix. Now I
Speaker:can tell you, having now amassed over
Speaker:$40 million in sales online, that the beliefs
Speaker:and the goals that I had in the very beginning in 2017 were
Speaker:so tiny that it now
Speaker:makes me laugh to think how tiny of goals I was actually putting
Speaker:in place. And I was writing these down too, thinking they were going to be awesome. And
Speaker:I think one thing within that training program, they had a
Speaker:goal, kind of like a goal, which was like the really big award. And
Speaker:the big award for the program was if you could do
Speaker:$100,000 US in a single month, you would achieve the biggest award they
Speaker:had. So already within that award system,
Speaker:They had already kind of put this belief in that, hey,
Speaker:if you get to 100,000 US a month, you've basically made
Speaker:it, right? Now, I can tell you from experience And
Speaker:I talked to other sellers, too, about this. One guy
Speaker:I spoke to, here's an example. One guy I spoke to the other day. He's done $1.7 million
Speaker:in sales for an entire year. Now, congratulations to him. It's absolutely
Speaker:awesome. I don't know what sort of profit we're talking.
Speaker:We're talking sales. I can tell you he hasn't run
Speaker:out and bought a Porsche yet, right? But I said to him,
Speaker:look, what sort of dollars are you talking a month? Now, we're talking actually
Speaker:over $100,000 a month if you're doing 1.7. And
Speaker:I said to him, has your life changed? And
Speaker:he said, no, exactly. Because
Speaker:we've got this belief that once we get to $100,000 a
Speaker:month in sales, that our life is going to somehow
Speaker:miraculously change. We're going to have servants and a Porsche,
Speaker:and we're going to have chefs and a massive house on the water or
Speaker:something, right? And then you get to that number. And you look around
Speaker:and nothing's changed, right? Now,
Speaker:I'm not saying that absolutely nothing's changed. Let's say you work on an average
Speaker:profit margin of 30%. You might be making $30,000 a month
Speaker:profit. But here's what happens. In the very, very beginning,
Speaker:if you're selling a product, that profit, you don't see
Speaker:it in your pocket. You don't see it in your bank account because it's going back into
Speaker:stock. So you're forever chasing this stock month
Speaker:to month, trying to get more stock, trying to get more stock, especially as your business is
Speaker:growing. And in my
Speaker:case, my profit margin was upwards of 50%. And
Speaker:I was stacking that money, right? It was stacking my
Speaker:bank account faster than I could keep up. And I remember getting to
Speaker:myself, I got to $100,000 myself, and I
Speaker:did the same thing as what I said to this other gentleman. I looked around and my life hadn't
Speaker:changed. And I put this self-limiting belief that once I
Speaker:got to that number, everything would be different and life would be
Speaker:great. I was still getting out of
Speaker:debt at that stage. I was still in the hole, basically, of a million dollars
Speaker:of debt. I probably paid some off by then. But it was just interesting talking
Speaker:to this other guy who's 27 years old doing 1.7 million
Speaker:and just realizing together, and I could tell him because
Speaker:I'd already been through it, and he was now realizing that 1.7 million
Speaker:wasn't actually life-changing. Now,
Speaker:while we're on that topic, I can tell you what
Speaker:is the life-changing number. For me, it was once
Speaker:I started to make a profit of about $250,000 a
Speaker:month minimum, that's when things really started
Speaker:to change. At that sort of money level, you're talking like
Speaker:literally pocketing $250,000 a month, that
Speaker:means things like paying off debt like within like a month. Of
Speaker:course, the million dollars took a bit longer than that, but it means like you could save up
Speaker:a house deposit within like three months. You could save up, and
Speaker:you could then pay it off. I actually paid off the first house I bought after
Speaker:my financial crisis in about 12 months.
Speaker:Bought the house, put a minimal deposit down, got into the
Speaker:property, and just paid it off within 12 months. You
Speaker:can then start doing things like, which is the bigger thing, which is what I encourage you
Speaker:to do, which is things like looking at investments, right? How can I
Speaker:best protect my money? How can I put, because you don't want to get 250 a
Speaker:month and just start blowing it on like overseas holidays and things, right?
Speaker:You want to start thinking, and this is another, if you're writing
Speaker:things down, listening or watching this podcast, write
Speaker:this down. your business may not last forever.
Speaker:Your $250,000 profit a month may
Speaker:not last forever. So you've got to put strategies and
Speaker:processes in place to make sure you don't just put
Speaker:that money into thin air, right? You want to look back and used to come and think, yeah, I actually
Speaker:put that money into like properties, crypto shares, whatever
Speaker:it is, right? Just something that's actually an asset that's going to go up in value. So
Speaker:back to the mindset of things, it was absolutely self-limiting
Speaker:of me to go back to the beginning and thinking about that. So the
Speaker:other thing I want to talk about is goal
Speaker:setting. Now I told you in the beginning I was setting some goals and
Speaker:they were completely too small, but I really do
Speaker:believe that you have to set goals for yourself. And the
Speaker:reason for that is that if you don't have a goal set, and it could be
Speaker:like a monetary number, It could be a car. I
Speaker:don't really care what it is, right? And it's not my place to judge what
Speaker:your goals are, right? But you need to have them. It might be I
Speaker:want to get out of the 9 to 5. It might be I want to
Speaker:travel the world, right? Whatever the goal is, I really do
Speaker:believe in writing it down. And I mean
Speaker:writing it down on a daily basis. And the reason why you
Speaker:do that is because what you focus on,
Speaker:you can deliver on, right? So if you're focused on
Speaker:breaking the 9 to 5 and you're writing that down every single day,
Speaker:your actions are going to be heading in the direction of
Speaker:things that will help you get out of the 9 to 5. If your goal
Speaker:is to have a million dollars in the bank, your actions are
Speaker:going to lead you in the direction of getting a million dollars
Speaker:in the bank because that is your focus and that is what you're
Speaker:writing down on a daily basis. The
Speaker:other thing I want to talk to you about is doubt and
Speaker:I see this Look, I've been through it myself, but
Speaker:I also see it in lots of other people, especially when they're
Speaker:coming from this 9-to-5 mindset and
Speaker:they want to break out of the 9-to-5 matrix and go into
Speaker:a small business. And the small business is going to be like an
Speaker:Amazon-based business, an e-commerce business,
Speaker:right? And it is a
Speaker:very, very hard transition to go from a worker bee
Speaker:getting a paycheck every single week where you don't even have to think about it
Speaker:the money just drops into your account and you just spend it moving into
Speaker:you're now going to have to be the warrior you're going
Speaker:to be out there fighting every single day to make sure
Speaker:that you're getting the money in the door to put
Speaker:in your bank account. Because guess what? When you're self-employed, no one else cares. No
Speaker:one else is doing it for you, okay? So you've got to take action and
Speaker:start delivering yourself. And start thinking about who you're doing
Speaker:this for. Now for me, I was doing it for myself, but I was also
Speaker:doing it for my family. I don't want to be the guy, and I like
Speaker:to consider myself like the breadwinner, even though I'm not, but I'm certainly one
Speaker:of the warriors of the family, fighting every single day for my family. I
Speaker:want to look in the mirror and think, you are doing everything
Speaker:on a daily basis to make sure this family doesn't end up on
Speaker:the breadline. And that's
Speaker:the type of mindset you want to have. And looking at
Speaker:your family, do you want to be that guy that looks back in like 50 years time and
Speaker:says, I didn't do all I could? I just sat back
Speaker:on the couch and just thought, you know, someone else can do
Speaker:that or I'm not good enough or this isn't possible. I'm
Speaker:here to tell you today that breaking the 9 to
Speaker:5 and becoming a multi-millionaire in Australia is
Speaker:so possible it's not even funny. What is the lesson? The
Speaker:key, how do you do that, is going to be knowledge.
Speaker:Knowledge gives you confidence, which gives you power.
Speaker:And it doesn't even matter what discipline it is. I'm not here today to sell
Speaker:you an Amazon training program. I'm not saying that you've got to come and be mentored
Speaker:by me. I'm just saying you've got to get knowledge in
Speaker:whatever field that is. So whether you're doing trading,
Speaker:you're doing crypto trading, whether you're doing share trading, whether you're starting a business
Speaker:in making hamburgers, right? It doesn't matter what it is,
Speaker:but the secret is getting the knowledge, because knowledge equals confidence, which
Speaker:equals power, yeah? I've been there, guys. I've
Speaker:been there in self-doubt, thinking, how am I going to make things work?
Speaker:But I tell you what, I didn't let that get in the way, right?
Speaker:I'm not saying it didn't come into my mind. I remember
Speaker:distinctly walking along the street one day. This is literally just down the road in
Speaker:Tweed Heads, right? I just had one of those moments where I had to
Speaker:get out of the house. I was walking down the street. And I was feeling a
Speaker:little bit sorry for myself, thinking, how on earth did I get
Speaker:into this $1 million of a hole of a debt? But
Speaker:that's the situation I was in. And I went out for a walk. And I remember praying.
Speaker:And I don't know what I was praying to, but I was praying. And I was basically saying, please,
Speaker:all I want, if I come out of this alive, All
Speaker:I want in life is a four-bedroom brick house in
Speaker:the suburbs and a Subaru WRX. That's
Speaker:all I wanted. And I said, if I can have that, I'll
Speaker:be happy. I'll be content. It was like I was just drawing a line in the sand, just
Speaker:like, just give me that and I won't ask for anything else. But
Speaker:I can tell you something else, having now achieved that
Speaker:and obviously much, much more, and if you don't know, I've actually now got a collection of
Speaker:Subarus, like literally like six Subarus, including for those that
Speaker:may know, a 22B, which is like the dream car. I
Speaker:can tell you that setting those goals is
Speaker:good, but imagine what you could do if you had more. Imagine
Speaker:what you could do if you had millions and millions of
Speaker:dollars at your disposal. And I'm not saying imagine what you could do
Speaker:as far as how many Lamborghinis you could buy. I'm saying imagine
Speaker:what you can do as far as an impact on your family and
Speaker:the ones that you care about. I've had the opportunity to
Speaker:buy my mother-in-law her own property. She
Speaker:was living in some shithole up in Brisbane. And
Speaker:my wife and I just said, no, we're not going to stand by this anymore. We've
Speaker:got the money to go and make a difference in her life. And
Speaker:we went out and bought her a property, and she now lives in that property near
Speaker:to where we are. So she's close to the family. And that was
Speaker:a very, very special time. what
Speaker:you could do if you set big goals and
Speaker:dreams and deliver on them by taking action. So guys, thank
Speaker:you so much for tuning in. I really hope you've got a lot of value out
Speaker:of that episode. I was trying to pour in some real deep things out
Speaker:of where I was at at the time, just so you know that I've
Speaker:been through those same things too. And I look forward to seeing you in the next one.
Speaker:All the best. Take care. Thanks for tuning into Amazon Ecom Secrets.
Speaker:If you enjoyed this episode, the best way to show your support is
Speaker:to give a five-star review on Apple Podcasts and Spotify, and
Speaker:make sure to subscribe on YouTube so you don't miss an
Speaker:episode. You can also find more at I'm
Speaker:Matthew Fraser on all social media platforms. Thanks