• Chris Malta's EBiz Insider Podcast

  • 著者： Chris Malta
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Chris Malta's EBiz Insider Podcast

著者： Chris Malta
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  • Learn the TRUTH about ECommerce from Chris Malta. 30+ years in Online Business. Business Owner, Author, Radio Show Host, Internet Convention Speaker, Mentor and ECommerce Educator.
    Copyright Chris Malta. All Rights Reserved.
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Learn the TRUTH about ECommerce from Chris Malta. 30+ years in Online Business. Business Owner, Author, Radio Show Host, Internet Convention Speaker, Mentor and ECommerce Educator.
Copyright Chris Malta. All Rights Reserved.
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  • How EBiz Scams Affect YOU | Chris Malta's EBiz Insider Podcast

    How EBiz Scams Affect YOU | Chris Malta's EBiz Insider Podcast
    2024/08/19
    Everybody who decides to open a home-based ECommerce business is going to come across a huge variety of scams. It's unavoidable; there are literally thousands of people out there who will lie to you and try to cheat you out of tens of thousands of dollars. Learn what happens, how to avoid it, and what the true cost is. Be sure to Subscribe to the Show! Find much more TRUTH about ECommerce on my site. EPISODE TRANSCRIPT Everybody who decides to open a home based e commerce business is going to come across a huge variety of scams. It's unavoidable. There are literally thousands of people out there who will lie to you and try to cheat you out of tens of thousands of dollars. They know they're lying, they know they're cheating. They know they could be prosecuted and sued for what they do, but the money is so good for them that they just can't resist. You're listening to this podcast, which means you either have an interest in starting an online business, or you already have an ECommerce business. If you're just starting out and you haven't spent any money yet, you're one of the very lucky few who just might make this happen without getting screwed to a wall financially. If you have an existing eBiz, there's a 97% chance it isn't making you any real money, then an unbelievable 90% plus chance that you've been cheated out of at least $15,000. Possibly as much as 35 to $40,000. I've been very successful in online business for over 30 years. I've been teaching online business since 2009. I easily have over ten thousand hours of ECommerce mentoring under my belt. More than 80% of the people I've taught had been cheated out of tens of thousands of dollars by multiple ECommerce scams. These eBiz scammers run in packs like rabid wolves. They hunt together to take you down and pass you around in order to squeeze every last dime from you. For absolutely useless apps, tools and services that will never work. Does that sound like a conspiracy theory? If you're one of the very few who hasn't been nailed by this stuff, yet, it may sound like that. But to the more than 90% of those who listen to this podcast who have spent money with these dirtbags, you already know, don't you? The minute you sign up for a free trial website, an eBiz app or tool, attend a "mastermind" webinar, sign up for a mailing list, go to a hotel seminar or take advice from a public "experts" forum, these people have you hooked. More importantly, they have your email address and possibly even your phone number, if you gave it to them. If you didn't, they'll try to look it up online through various phone location services. So how do they hook you? They make promises they can't keep. Please understand this. Nobody can promise you success. Nobody can guarantee that you'll make money, not in any kind of business, not ever. But these people will do that all day long. They'll show you fake websites that they claim make millions of dollars. They'll show you bank statements that are Photoshopped to look like they have money coming in every day. They'll give you testimonials from people who claim to make tons of money from their systems. Those people work for them. They're not real eBiz owners. They will absolutely guarantee your success in a very short period of time and tell you how easy it's going to be. They'll tell you that they'll do most of the work for you. Then they'll actually go online with you and help you apply for 40 or $50,000 worth of credit cards that you then max out with them. And they'll tell you it's okay, because they'll promise you you'll make all that money back within a few months and pay off those cards. But it won't happen. They'll tell you it's okay to take out a $70,000 mortgage on your house and spend it with them, because you'll make the money back in a few months. But it won't happen. I'm not just speaking in general terms here. Everything I've said has actually happened to people I've personally worked with in my Education, talked to over the phone, or have met in person. All of it with those actual numbers. Keep these following things in mind. Write them down, stick them up with a fridge magnet, whatever you have to do. Anybody who tells you that Amazon, eBay, affiliate marketing, template based websites, SEO apps and tools, private labeling, importing from China, using AliExpress, outsourcing your marketing and graphics, or that you'll make good money quickly online in any way, is absolutely flat out lying to you. I will guarantee that. So, like I said, better than 80% of the people listening to this podcast have already been burned this way. If it happened to you, I give you tremendous amounts of credit for even being here at all. Most people just curl up into a ball and sob for weeks. Then spend the next 10 years trying to dig themselves out of all that debt, working three jobs and selling half their possessions. If it's not happened to you yet, be very aware that when you step into home based ECommerce, ...
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    9 分
  • ECommerce Sales Tax - What to Know | Chris Malta's EBiz Insider Podcast

    ECommerce Sales Tax - What to Know | Chris Malta's EBiz Insider Podcast
    2024/08/19
    Every couple of years, somebody somewhere does something that brings the idea of an Internet-wide sales tax back into the news here in the US. This naturally causes people to freak out left and right. Why? Because most people are seriously misinformed about why this might happen, how it might happen, and what effect it may have on home-based ECommerce businesses. Be sure to Subscribe to the Show! Find much more TRUTH about ECommerce on my site. EPISODE TRANSCRIPT Quick disclaimer: I'm not a legal professional, and the information here is my personal opinion after nearly 50 years in business. A scary rumor has been making its way around the Internet for many years now, and a lot of companies with extremely shady morals have been profiting heavily from it. Here's the rumor. As a home-based business owner, you have to collect and pay sales tax in every state where you sell a product from the minute you start selling online. Those shady companies I mentioned have been charging thousands of dollars for ‘systems and tools’ that are supposed to figure out and pay all those sales taxes in all 50 US states for you. The truth is, however, that you may not have to "do" that especially when you first start out. Home-based business owners historically couldn't charge sales tax in states where they didn't reside, due to the principle of nexus. Nexus refers to the "connection or sufficient presence" a business must have in a state for that state to impose its tax obligations on the business. Until 2018, it was effectively illegal for a home-based business owner to charge sales tax to residents of a state in which that business owner did not have a physical presence or business license. A home-based business owner would have had to file for a Sales Tax ID in every state in the US in order to do that. You couldn't get a Sales Tax ID in a state where you didn’t have a licensed business or any kind of physical presence. Collecting sales tax in a state where you don’t have a license to do so was, you guessed it, illegal. However, the legal landscape regarding nexus and sales tax collection has changed to some degree. The Supreme Court of the United States case, South Dakota v. Wayfair, Inc., decided in June 2018, brought those changes to the previous nexus rules. In this case, the court ruled that a physical presence is no longer the sole determining factor for establishing nexus. The reason for this case being brought before the Supreme Court was that South Dakota was sick and tired of big online-only companies like Amazon, eBay and others selling products to their residents without charging sales tax and paying that sales tax to the state of South Dakota. As a result, the Court established a new standard known as economic nexus, which considers a business's economic activity in a state as a basis for imposing tax collection responsibilities. Under this standard, even if a home-based business owner does not have a physical presence in a particular state, they may still be required to collect and remit sales tax if they meet certain economic thresholds set by that state. These thresholds typically involve reaching a specified level of sales revenue or completing a specific number of transactions within the state. The Wayfair decision was driven by the rise of e-commerce and the need to level the playing field between traditional brick-and-mortar retailers and online businesses. The Court recognized that modern technology allows businesses to conduct substantial economic activities in states without a physical presence. In the wake of the Wayfair ruling, unsurprisingly almost every state began falling all over themselves implementing economic nexus laws that require out-of-state businesses, including home-based businesses, to collect and remit sales tax if they meet the state's economic thresholds. This expansion of nexus has affected home-based businesses to some degree, as they may now be subject to sales tax obligations in multiple states, again, depending on their level of economic activity. It's important for home-based business owners to remember that Government being Government, compliance with laws in all kinds of different states other than your own can be messy. But…do NOT buy into any of those online services who tell you that they’ll "do it all for you”. Those people are nothing more than morally bankrupt opportunists using scare tactics to push very expensive junk software on unsuspecting business owners. Keep in mind that first, in order to be required to pay sales tax in all 50 states, you’d have to be grossing at least 5 million dollars a year in sales. In South Dakota, for example, economic nexus doesn't kick in until you either make over a hundred thousand dollars from South Dakota residents or complete at least 200 transaction with them in a given year. If you learn and build this business right, you can reach those levels. So when you do get there, talk to your Accountant. They’ll ...
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    5 分
  • Google Can't Teach You ECommerce! | Chris Malta's EBiz Insider Podcast

    Google Can't Teach You ECommerce! | Chris Malta's EBiz Insider Podcast
    2024/08/19
    Google is a search engine. It's not a business owner, and it cannot teach you how to be a business owner. Be sure to Subscribe to the Show! Find much more TRUTH about ECommerce on my site. EPISODE TRANSCRIPT I spend a great deal of time teaching the Ecommerce business to all kinds of people, through my FREE Ecommerce Q and A Meetings, my Personally Mentored ECommerce Education, my videos, podcasts, articles, eBooks, and much more. I've been doing that for most of the 30 plus years that I've been successful in online business. I tell people that they can call my cell phone directly, for FREE, if they have questions about selling online. I tell them that I answer my own phone, and I'll answer their questions. Most people's response to that is surprise. How could I possibly spend that much time answering the phone? After all, I send emails about everything I do to a huge number of people. But you might be surprised to learn that I really don't get that many phone calls. Why? Because people don't believe I'll actually answer the phone. They think that offer of a phone call is some sinister trick to get them to call into a sales floor so that some fast-talking salesperson can sell them a whole bunch of garbage. Look, I totally understand why people think that way. Pretty much every MARKETER in the Ecommerce space does exactly that when they offer a phone number. But I'm not a marketer. I'm a BUSINESS OWNER, an EDUCATOR and a MENTOR. There's a BIG difference. So I don't play those stupid games. I answer my phone myself. And I answer people's questions. Free. Anyway, the reason I mentioned it is because when I do get calls, sometimes it's really obvious that I'm talking to someone who thinks Google can teach them ecommerce, or that AI can do all the work for them. The people I'm talking about start asking me a never-ending laundry list of GENERAL questions about ecommerce processes, and ask me to WAIT while they take NOTES! I can actually hear them typing on their keyboards in the background. I know what they're doing. These are people who are trying to get me to give them a step-by-step list of the things they need to do to build an online business the right way. Then they figure they can type those steps into YouTube and Google or an AI, one at a time, read some random information and set up a business successfully on their own without any help. People who do that are fooling themselves. They're also HURTING themselves. They're going to waste unbelievable amounts of time and money trying to slog their way through all the bad information, fake tools, scams and other bogus e-blabber they're going to find in YouTube, Google and AI bots. I can tell you from long experience, that this is a rabbit hole that will take them years to climb back out of, and they'll never get a business going that way. Not successfully. How do I know that? Because I've taught thousands of people the right way to build this business over the years. And hundreds of those people have told me that they took a deep dive into that same self-teaching rabbit hole, lost a lot of time and money, and spent years trying to find their way out. There are several reasons people do this, so let's talk about those for a minute. One. They just got laid off and they need to start a business quickly to make money. If that's the case, they need to go look for a job, and quickly. Selling online is NEVER a short-term solution to a financial crunch. No matter what the bubblehead gurus out there want you to think, this business is not fast and it's not easy. It'll take time, work and a good deal of learning. Two. They've been scammed in the past by the huge number of dirtbag ebiz marketing thieves online and refuse to ever trust anybody again. I UNDERSTAND that. ...Probably more than 90% of the people I've taught in this business have been cheated somewhere along the way before they found me. They don't want to get scammed again. And they're resigned to just trying to figure it out themselves. And three, there are people out there who don't understand the value of real information. They believe all information should be free. They feel entitled to it. And they think that just because the search engines exist, everything you find there is real. But it ISN'T. I've been in business overall for nearly 50 years, since I was a young teenager. I busted my butt to get where I am. I've lived through all the learning curves, the successes, and the failures. And that 50 years of experience is something I paid dearly for. I've learned things in that time that you'll never find in the search engines or in all the books you can possibly read on the subject. All that experience and knowledge is tremendously valuable, because it allows me to teach people to cut through all the crap and get straight to the core of what they need to know to do this right. Learning how to start a business from a successful experienced business owner is worth a LOT....
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    6 分

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