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eCom Elites Module 8

August 15, 2020

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eCom Elites - The COMPLETE Review

MODULE 08 - Business And Sales

Module 8 is a great little insert into the course and it makes perfect sense why Franklin would include it. Once again he covers something that most other "gurus" don't discuss. It's not a module you would probably revisit, but it is worth going through. Franklin gives some valuable tips on running a business.


MODULE 08 - Business and Sales

Module length: 57 minutes

Video 01 - Increase Your Sales

Franklin starts this module with a short overview of what can be expected in this module where he deals with running a business, getting more sales and touches on taxes.

Franklin starts by saying that ever since he was a teenager in school, he has been a trying to sell things. He has been involved in online businesses since 2010, so knows a bit about hustling online.

Franklin goes on to explain conversion / sales points and discusses what helps to sell your products. For example, a great tip is: Don’t describe the product, sell it!

Video 02 - Upscale with VAs

Franklin describes how you can upscale your business by outsourcing many of the menial tasks to a Virtual Assistant. Important points that he discusses are:

  • Where to find a VA
  • How to train a VA
  • What to pay your VA
  • Which tasks to give to a VA
  • What a VA should not be doing

Video 03-Business 101

Franklin gives an overview of how online businesses work and touches on taxes. He stresses that this is from a New Zealand point of view and might be different in your country. It’s advisable to see an accountant once you start making money.

Franklin covers the following:

  • Do you have to register a business?
  • Is it necessary to have an American bank account?
  • Which type of business is best?
  • Sole trader or limited liability company?
  • Do you need to fill in and submit a W8 form?

Franklin also shares his business structure model for his Shopify store:

Video 04 - Having A Business Goal

Franklin stresses the importance of having a business goal. This can range from:
  • Just earning extra money to supplement your current income to
  • Getting more freedom to do what you want, when you want to
Having a goal, gives you the motivation to strive towards reaching a pre-defined target.

You should not start an online business thinking:
  • I’m going to be rich and wealthy! It’s more than just making money…
  • I want to maybe buy a supercar. And maybe travel. And maybe live in a different place. And maybe, maybe. Be clear about what you want to achieve!


Module 08 - My Key Takeaways 

This is a great module to include in any business course. However, the content is far from comprehensive and Franklin basically touches on the basics.


A key point to take away from this module, is that it is essential to get professional advice from an accountant or tax expert once you start making money.

CONTENT QUALITY 70%

Content: 7/10 

Despite this being an important aspect to touch on, Franklin doesn't have a lot of content for this module. The content that he does offer is very basic. 

OVERALL 70%

OVERALL IMPRESSION OF MODULE 08

The idea behind the module is great. Many people want to start a new business but don't know the first thing about starting a business, nor the implications of running one.

It's a great concept and a worthy module to include in the course, but it's sadly let down by the amount of info. Franklin basically just touches on certain aspects of running a business and I can understand why - it's a topic that deserves it's own course and Franklin would not have been able to include that as well.

Hats off to the guy for including it though! No one else even mentions this aspect in any of the other courses.


Lead Generation is my #1 Online Business Choice 
(IMO Less Hassle Than Selling Physical Products)
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Ippei Kanehara
Founder/CEO Ippei Leads

$52K per month providing lead generation services to small businesses

Ippei.com is for digital hustlers, industry leaders and online business owners.

His #1 online business recommendation in 2020, is to build your own 6-figure lead gen biz. You can learn more here.

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