Archives for April 2023

Amazon FBA Is A Vending Machine Business On Steroids

April 30, 2023 By Alex Hyun 1 Comment

Lately I’ve seen a lot of content on social media regarding the vending machine business.

I’ve always found the idea of starting a vending machine business interesting due to its lucrative potential and scalability.

That being said, starting a vending machine business requires cold calling, personal visits, networking and the ability to acquire locations to place your machine.

I’m no stranger to cold calling, as I’ve done tons of cold calls during my time working as a salesman at BMW and Mercedes-Benz.

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Why Guarantees Are For Retards Who Won’t Get Rich

April 27, 2023 By Alex Hyun Leave a Comment

Everyone wants guarantees.

They want the guarantee of a good education, the guarantee of a good job and the guarantee of a good stable income.

If that’s what you want, stop reading this blog and quit trying to start your own business.

Guarantees are for the weak, for those who lack self-belief and the determination to win.

The masses follow the guaranteed path and that’s why they’re guaranteed to live a mediocre existence.

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How To Get Rich During The Retail Apocalypse

April 27, 2023 By Alex Hyun Leave a Comment

I’ve always dreamt of opening my own store when I was young.

Back in the day, it was very difficult for the average Joe to enter the retail space and compete with giants such as Walmart, Kmart and Target who dominated the space.

There was no Amazon, no Shopify and no eBay.

I always felt that if I had my own store, there was no way that I couldn’t become a millionaire.

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How To Make $5K-10K Profit Every Month Reselling Nike

April 25, 2023 By Alex Hyun Leave a Comment

Nike is a legendary brand that has become omnipresent and is one of the most recognizable brands in the world.

Some people consider it a status symbol, while others view it as a quality brand of shoes for them to wear.

Others hate the brand, and some hate resellers for making money flipping them.

Regardless of all the controversy, I’m here to tell you that you can make bank flipping Nike products.

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Should You Use FBM Or FBA?

April 23, 2023 By Alex Hyun 2 Comments

Amazon is the world’s largest online marketplace and that provides unique opportunities for hustlers and entrepreneurs who want to make money.

Due to the laws of supply and demand, virtually anyone can succeed if they supply inventory that is in high demand, because the majority of users of Amazon are buyers.

When the number of buyers far exceeds the number of sellers, it is no surprise that selling on Amazon isn’t as difficult as people want to believe.

No matter how much competition there is, there will always be a shortage of sellers in relation to the number of buyers.

That being said, what is the best way to sell on Amazon?

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How To Sell Amazon Inventory After You Source It

April 22, 2023 By Alex Hyun 2 Comments

Sourcing is the first step of selling on Amazon and it entails the process of visiting stores, scanning items, analyzing data, finding profitable inventory and buying all the winners.

You can source at virtually any store, whether it is Costco, Walmart, Sam’s Club, Walgreens, Target, Ollies, Nike Outlet, Nordstrom Rack, CVS, HomeGoods and more.

The possibilities are endless and there are unlimited opportunities available.

That being said, you cannot source all day and expect to get rich.

You have to move your inventory.

You have to get it into the hands of the consumers.

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What I Learned From Rich People Who Don’t Pay Taxes (How You Can Do The Same)

April 21, 2023 By Alex Hyun Leave a Comment

I’ve spent over 10 years studying rich people and their mindset.

I began reading self-improvement books in 2014 after I graduated from high school.

I was hungry for success and determined to make it by any means possible.

Unlike the majority of people who claim they want success but their actions do not line up with their goals, I always took getting rich seriously.

I embraced the Grant Cardone mentality of viewing success as a duty and an obligation to oneself and the people around them, as opposed to viewing success as something only achievable if you are born with a silver spoon, which is the way most weak-minded individuals think nowadays.

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