I had the pleasure of interviewing Sam Jacobs, mentor to thousands and e-commerce specialist. He not only is inspiring and changing thousands of lives each and every single day but as also amassed, great success in the e-commerce and marketing space. He is only 17 years old and doing over $35,000 in sales in a day from his own e-commerce websites.
Thank you so much for joining us! Can you tell us a story about what brought you to this specific career path?
Well, that’s a great question. Just over a year ago I was just like any other kid looking for a way to make money online. For me, there wasn’t really much choice, I felt like I was too young to do a most adults can do. I saw the online space as an opportunity. At first, I began starting out with my own YouTube channel posting sport type content daily and earning some siding income with their ad revenue share system. But I just like felt something wrong, I felt like something was missing. I then turned to Affiliate marketing where I was promoting other people’s products for a commission but again it just didn’t really stick with me, but finally I came to something called dropshipping, where I was able control my own store. I controlled my products, and most importantly I was my own boss. Dropshipping and the are of eccomerce just stuck to me like never before, I felt like I could finally break out of what I’ve been awaiting to do all this time and my dreams slowly became a reality. This business model was absolutely perfect! I didn’t even have to touch any product, I don’t own inventory at all, and overall it was a great opportunity to turn to, based on the fact that I was only 16 years old at the time.
Can you share the most interesting story that happened to you since you started your entrepreneur journey?
I was once at an event inspiring a couple hundred entrepreneurs when suddenly a young man came over to me, told me:’ It because of you that I’m here today.’ To me, I was kind of wondering what he was talking about and he began telling his story, he said that he was once about to commit suicide by jumping into over 12 foot waves, he jumped but got pushed back by a huge wave, smashed his head, rushed to the hospital with his life on the line. But he told himself there has to be something more. He told me that he began to follow me from then and today he’s making a couple hundred dollars of his own e-commerce websites because of me. Now obviously that’s more inspiring than any type of financial result I could imagine.
Can you share a story about the funniest mistake you made when you were first starting? Can you tell us what lesson you learned from that?
Yes of course. When I first got started with e-commerce and basically selling online with my own websites. The first thing I got to do was to create my own website and for me, that was a big milestone. I spent a couple weeks building out the store and putting in the products, but I thought to myself the next day that I wake up and I would have be a millionaire. I woke up the next morning and nothing! I soon realize that it’s really important not only to have a great website, not only to have a great product but to also know how to market and that’s what I have been focusing on the past couple of months and really mastering the art of marketing and bringing the traffic to my own websites.
Which tips would you recommend to your colleagues in your industry to help them to thrive and not “burn out”?
Now that’s something super important because overall burn out is probably one of the biggest things when it becomes to being an entrepreneur even though school, I still have a very busy schedule and for me I would never be able to get half of the things done if I was not doing something called automating. Automating is super important whether you are getting simple tasks, like editing a video, or anything like that. One website I use is called ‘Upwork.com’ they pretty much help me get tasks done that I don’t even need to be doing. Things I can hire someone for three, four dollars an hour to get done for me.
None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful towards who helped get you to where you are? Can you share a story?
So overall I would 100% agree with that statement. A mentor is someone that actually is going to show you the ways to get to place where that mentor’s at. For me, I didn’t understand that, you know, a mentor is important to beginning and I learned the hard way months and months of failing, I finally decided to get not just one mentor but many. I started to really investing into my own knowledge learning from other successful people. I had multiple mentors and from there I really took everything they learned me, turned it into one strong system and really a couple methods that really makes me successful today. So in a sense, it was multiple, but overall one system came out of it.
How have you used your success to bring goodness to the world?
For me, that was the question I had in my mind from the beginning I started. I looked at social media as a way to share my success and help other people, just like me, to succeed. Today, I have over 85 thousand followers on Instagram account where I teach people how to make money just like me. I’m 17 year old doing such great things, why not share the knowledge and overall change lives.
Do you have a favorite “Life Lesson Quote”? Can you share a story of how that was relevant to you in your life?
”FIGURE IT OUT” part of being an entrepreneur and part of you know getting through life you need to really figure it out. The answers are there, you just need to find them. My best friends are Google and YouTube because I told myself no matter what problem I have every problem comes with a solution.
What are your “5 things I wish someone told me before I started my company” and why? Please share a story or example for each.
Now that’s a great question. The first thing I would say is really that I wish I knew that being successful is not only about working hard, but also working smart. In the beginning, I was just putting in a lot of work but I wasn’t putting in the correct work. Once you really figure out that you need to really find the correct guidance to do things correctly and work smarter then overall that’s when real success comes in.
Another thing I wish I knew was that success doesn’t really mean how much money you make, it comes out to what impact you make. If you focus on impact, then overall the success will go up ten times over.
The third thing I wish I knew when I first started with my own company, is that age doesn’t matter. In the beginning, I was all discouraged that the fact I was only, you know, 16 at the time, but in reality it all depends on you, it doesn’t depend on how old you are, it matters on how hard you are going to work, how smart you are going to work and if you are committed.
Now that leads me to number four. One of the biggest keys to success is the fact that you need to be ready to go all in. People who find the most success is not ones that really focus on five , six different things. I told myself I want to be focusing on marketing and that’s I was able become successful so fast.
Now the fifth and final thing I wish I knew was and I know this sounds cliché , but it is the fact that success or any type of success will not come easy, something that takes time, something that takes effort pays off at the end. If you are willing to put in the work every single day, success will come.
You are a person of great influence. If you could start a movement that would bring the most amount of good to the most amount of people, what would that be? You never know what your idea can trigger. 🙂
Now I believe in networking. For one, networking was one of the main things that made me successful.