Popular Abbreviations

EC = Extreme Commerce

BC = Boot Camp (These are EC BC Students who are part of BC network)

1-1 = 1 to 1 Students

VBC = Video Boot Camp

Mamoun = This is not your real Sagay Mamoun. But anyone that we can use to help us become office manager of our US corporation and help with bank account or help with ID setup. We call them Mamoun.

IRS = Internal Revenue Service. US Tax agency

HMRC = UK Tax Agency

ATO = Australian Tax Agency

CRA = Canada Revenue Agency

VAT = Value Added tax in EU/UK

FBA = Fulfillment by Amazon

FBM = Fulfillment by Merchant

PM = Proxy Marketing (An Army created to help FBA sellers to build Sales Velocity & Leads)

SV = Sales Velocity

MC = Manychat

PMM = Proxy Marketing Manager (Those members who become lead and manage team of Proxy marketers)

LLC = Limited Liability Company

LLP = Limited Liability Partnership

LTD = Limited Company of UK

BSR = Best Seller Rank

JS = Jungle Scout

VL = Viral Launch

MI = Market Intelligence (Company behind Viral Launch)

H10 = Helium 10 (A powerful tool we use for keyword /ranking research /strategy planning)

TV = Team Viewer

VPS = Virtual Private Server

VA = Virtual Assistant (Those members who sell their services and expertise to others)

PA = Personal Assistant

PL = Private Label

PL FBA = Private Label FBA (Means, your own brand list where you do FBA)

AMZ = Amazon

ITIN = Individual Taxpayer Identification Number

SSN = Social Security Number

TFN = Tax File Number for Australians

SIN Number = Tax ID for Canadians

EIN = Employer Identification Number

ASIN = Amazon Standard Identification Number (Every Amazon’s list is identified with it’s unique ASIN code)

UPC = Universal Product code (Every product is uniquely identified with UPC code. We have 1 UPC code per SKU /Per product. Every color and size will have their own UPC code)

SKU = Stock Keeping Unit (This is your unique product. A Leather jacket Black size XL is 1 SKU and size XXL is the 2nd SKU



Me too = Technical word is Piggy backing. Means, you attach yourself on someone’s list on Amazon. In other words those who sell existing brands on Amazon, we call them me too sellers


VVRO = Very Very Real Order (A term used for real looking orders which increases your BSR tremendously)


POEP = Purchase over existing Purchase (Repeat purchases of your ASIN will increase your BSR by 13%)


ACOEAC = Add to Cart Over existing Add to Cart ((Technique used for BSR improvement by adding your product in cart together with other high ranking products for same keyword - BSR impact is 69%)


Asset building Mindset = This is an ideology where we want to create assets to generate wealth. Build FBA PL Asset because these are your own brands, you can sell them later just like a property on empireflipper.com. In other words, instead of creating a restaurant to sell food, we want to create restaurants and sell restaurants. Means, create businesses and sell businesses and with goodwill we create wealth much faster.


How to evaluate your list/account’s worth = Your monthly Profit x 35 months. If your monthly profit is $5000. Then your asset value is USD 175,000


Kitchen Mindset = This means, focusing on monthly income instead of asset creation. Majority of sellers around the world, focus more on kitchen and usually not aware of the asset creation which is possible with your own Private Label brand


Investment Mindset = This is the next stage when we sell our asset, create some wealth. Now we become investors. We find good talented BC students, Invest on them and by funding them, we take equity of their business. Means, we have many CEOs working for us, we sell flip these assets later and create mega wealth.


Eco System = This whole platform is one of the most powerful Platform in Pakistan right now. We call it EC Eco System (Extreme Commerce Eco System) where people can learn, train, buy and sell their expertise and find partners because a lot of partners are happy to partner up with skilled BC or 1-1 students. So it is easy for skilled members to find investment partners in the platform.

Learn from EXPERIENCED

BE a JUMPING CHICK

BUY a RUNNING BUSINESS

BE LOCATION and TIME INDEPENDENT

THINK ABUNDANCE...NO SHORTAGE of RESOURCES including MONEY

MAKE your EMPLOYEE your BUSINESS PARTNER

BUSINESS BOTTOM LINE is SALE & PROFIT...FINE LINE is OVERHEADS...OVERHEADS should be AVOIDED AT ALL COST

BE a SOLUTION FINDER

MENTAL CAPCITY is IMPORTANT

GETTING THINGS DONE THROUGH OTHERS is a SKILL

LACK of DISCIPLINE is NOT an ISSUE

LACK of MOTIVAITON and VISION is THE PROBLEM

IDENTIFY YOUR STRENGTHS

IDENTIFY YOUR NATURAL TALENT

IDENTIFY YOUR CHILDHOOD STRENGHTS and PASSIONS

CAUSE in LIFE is IMPORTANT

PEOPLE should be able to TRUST YOUR CREDIBILITY

EXCEL in your FIELD...STRIVE to ACHIEVE TOP ACHIEVE in YOUR NICHE


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