Episode 056: $100k Profit in the First Year of Business with Steve Chou

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My Guest on the Show…

Steve Chou is one of the most brilliant guys I know.

I met Steve at a conference a few years ago and I have been impressed ever since. This guy is the epitome of hard work meeting opportunity and then combining it with extremely high-level thinking.

I asked Steve to come on the show to share his story of working a 9am-5pm job as an engineer while at the same time generating $100k profit in his ecommerce “side hustle” within his first year in business!

Fast forward to today, and Steve is now generating 7 figures inside both his ecommerce store AND his now very popular blog – “My Wife Quit Her Job”.

Bonus: Out of all the guests we have had on this show so far, Steve was the first to share why or why not you should either start an ecommerce store (selling physical products over the internet) or start a blog like he also did and the why behind each piece of advice. Listening to Steve’s answer was my favorite takeaway of the interview.

Behind the scenes: Steve and I have played basketball together before and he definitely has some skills on the court. However, just one week before this recording he tore his achilles tendon playing hoop and still agreed to do interview while completely laid up and even in some mild pain.

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Mentioned in this Episode

Bumblebee Linens (Steve’s Online Store)


How to Create A Profitable Online Store

Episode 45 (Toni Anderson Success Story)

Episode 54 (Amanda Walker Nutrition Coach)

Episode 112 of MyQuitHerJob Podcast with Kyle Taylor

Awesome Money Course


Recommended by Steve

Influence: The Psychology of Pesruasion by Robert Cialdini

The Art of SpeedReading People: How to Size People Up and Speak Their Language by  Paul D. Tieger


Show Notes

Meet Steve Chou [2:39]

The Story of Bumblebee Linens [5:37]

My Wife Quit Her Job .com [11:39]

How does Steve make money via his Blog [14:29]

What can people sell online? [16:23]

What are the results of Steve’s students in ecommerce? [18:57]

How Steve grew his blog quickly and for cheap [21:42]

About Steve’s Ecommerce Mini Course [26:56]

The Seller’s Summitt – Steve’s own annual conference [28:35]

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Chris Petrie

Chris (Peach) Petrie is a personal finance expert, money coach, speaker and podcaster.

In 2011, Chris and his family were exhausted from living paycheck-to-paycheck and facing a mountain of debt. They started going against the society standards of misbehaving with money and made the decision to take back control of their lives and money. Within seven months they paid off $52,000, started saving like crazy and began building real wealth.

The word spread fast and Chris started showing friends how to create a budget over dinner. Soon after he started showing their friends how to do the same and eventually Chris started teaching personal finance classes around the community. As the need for the classes grew, Chris launched Money Peach in 2015.

Money Peach was created to help everyday people remove the stress and fear of money by showing them how to save more, make more, and keep more of their money.

Chris Peach has been featured in places like Business Insider, The Huffington Post, Elite Daily, and CheddarTV.

When Chris isn’t at “work” he can be found at the Crossfit gym or riding on the fire truck — Chris is also a full-time firefighter in Phoenix, Arizona.

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