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When covid-19 was coming was shaking our country and putting modern business into a tailspin, things started to shift. Most notably, eCommerce shifted in quite opposite direction of many brick and mortar businesses. As lockdowns hit in-person businesses hard, more and more people were shopping online. So while many businesses were struggling to stay afloat, the online market was flooded with new opportunities. Michael Walding realized that this was an opportunity to build something special. The first realization was that half of all eCommerce sales were through Amazon.
Taking advantage of this, Walding scaled his company Nxtlvl services, a full service amazon management company that went on to sell over $40m on the platform. He realized, however, he could do more. If Amazon accounts for half of eCommerce sales, where are the other half? Michael determined that Walmart was an almost untapped resource for doing business. Accounting for the majority of all other online sales, Walmart was a great opportunity for creating new online revenue streams. This idea led to the creation of the first ever service that allows people to create passive income streams through “done for you” businesses on the Walmart e-commerce platform. This led him to start One Up Services and market it to people who wanted to be involved with more than just amazon and be able to own a business but not have to work in the business. Michael’s company would do that for them. This strategy took off and has been a huge success. With hundreds of satisfied clients it’s safe to say One Up Services is here to stay. By changing the way people make money online, Walding was able to create opportunities for himself and others.
What are Walding’s Keys to Success?
Walding attributes much of his success to a “big picture and forward-thinking” vision. Seeing the forest over the trees. He also says that great leadership is essential. It’s not about being the boss but being part of a team that is moving in the right direction. Leading them from the front, by example, not barking orders from the back. When building his company Nxtlvl Services and One Up Services he focused on bringing people together that bring valuable individual skills to the table. This creates a synergistic effect of creativity and culture. Not to mention a successful business as a business is only as good as the people managing it. He understands that ego can be a business killer and that the most successful businesses are the ones that play to the strengths of their team. He argues that the CEO should never be the smartest person in the room and that success comes from surrounding yourself with people who bring their own tools and share your vision for the future. Team work makes the dream work.
What Does the Future Hold?
The future looks very bright for Michael Walding and both his ecommerce management companies, Nxtlvl Services and One Up Services. When asked what projects he is working on for the future, Michael said that he is all-in with his groundbreaking service on the Walmart platform. It has taken off amazingly and continues to grow. He is proud of how fast his company can generate sales and strives to add as much value as possible for his clients by cultivating new opportunities and helping them achieve financial freedom. He went as far as to mention a new vertical for his clients to take advantage of coming soon. He claims this will be a trifecta of online passive income that’s never been seen before that anyone can be a part of.
To follow Michael Walding and learn more about entrepreneurship and building wealth, check him out on his website or Instagram.
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