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Archives for 2023

Why You Shouldn’t Chase Quick Money

August 15, 2023 By Alex Hyun Leave a Comment

It’s been a highly profitable weekend.

All I’ve been doing is the exact same thing that I was doing last year.

Scanning thousands of product barcodes, buying profitable inventory and sending it off to AMZ.

When I started off, my supplier was Goodwill and I bought tons of used books to resell.

Each book represented an opportunity for profit, with minimal risk. Even if I lost the money I did not care. I spent all my money on books.

[Read more…] about Why You Shouldn’t Chase Quick Money

Filed Under: Amazon FBA, Reselling

The No Bullshit Guide To Going From Zero Dollars In The Bank To 6 Figures On Amazon

July 30, 2023 By Alex Hyun 6 Comments

Everyone wants to know if it’s possible to go from having $0 in the bank to making over 6 figures in sales on Amazon.

Not only is it possible, but you can do it in a year or less.

I know this because that is exactly what I did.

[Read more…] about The No Bullshit Guide To Going From Zero Dollars In The Bank To 6 Figures On Amazon

Filed Under: Amazon FBA, Debt, Mindset, Money, Reselling, Success, Ungating

How To Start An Amazon Business If You’re Really Short On Funds

July 29, 2023 By Alex Hyun Leave a Comment

If you are starting from $0, you might not have the luxury to purchase a lot of equipment, or any at all in order to start your Amazon business.

I’ve created a list of tools that I personally use for my Amazon business.

While many items on that list are nice to have, they are by no means necessary in order to get started.

In this blog post, I will be talking about how you can bootstrap your business with limited funds.

[Read more…] about How To Start An Amazon Business If You’re Really Short On Funds

Filed Under: Amazon FBA, Shipments, Supplies, Ungating

How I Went From Having $0.63 To My Name To Selling $300K On Amazon In My First Year

July 25, 2023 By Alex Hyun Leave a Comment

I dropped out of business school in 2016 and don’t even have a college degree.

I failed at multiple businesses and even had to work at Target to get out of debt after failing at Shopify dropshipping.

After dropping out of college I was so broke that I couldn’t even afford a $3 Cheesesteak from the mall.

I remember having 63 cents to my name and wondering if I made the wrong decision.

[Read more…] about How I Went From Having $0.63 To My Name To Selling $300K On Amazon In My First Year

Filed Under: Amazon FBA, Reselling, Success

How To Guarantee Sales On Amazon

June 26, 2023 By Alex Hyun 1 Comment

I get asked this one question all the time by people who are interested in selling on Amazon.

It’s a completely understandable question that even I wanted to know the answer to before I began my store.

If you are selling products on Amazon, how do you actually make sales?

How do you ensure that people choose to buy from you over the countless other sellers that are also on the platform?

How can you compete against a giant such as Amazon itself?

The answer is quite simple.

[Read more…] about How To Guarantee Sales On Amazon

Filed Under: Amazon FBA, Keepa, Reselling

Always Do The Opposite Of The Brainwashed Masses

June 10, 2023 By Alex Hyun Leave a Comment

One thing I believe has brought me above-average results is that I’ve always done the opposite of the masses.

Whenever I was unsure of what to do, I took a look at what the masses of brainwashed sheep were doing and then proceeded to do the exact opposite.

While it sounds counterintuitive, doing the same thing as everybody else is actually a very stupid thing because you are choosing the path with the most competition.

I have no competition.

The only person I compete with is myself.

Every day I compete with the person I was yesterday and strive for more achievement and more success.

I don’t give a fuck about what other people are doing because I am not in competition with them.

[Read more…] about Always Do The Opposite Of The Brainwashed Masses

Filed Under: Mindset, Money, Success

Milestone: $250K In Sales In My First 12 Months Selling On Amazon

May 30, 2023 By Alex Hyun Leave a Comment

I finally hit a quarter mil in sales on Amazon since I began selling exactly one year ago.

These results were achieved with zero advertisements and through sheer determination and will.

365 days ago I was completely broke. I didn’t have any start up capital or even any credit card purchasing power.

I began delivering food for UberEats and DoorDash, taking all the money I made and buying profitable used/new books I scanned at Goodwill, Salvation Army and Dollar Tree.

[Read more…] about Milestone: $250K In Sales In My First 12 Months Selling On Amazon

Filed Under: Amazon FBA, Reselling, Success

Why Hustle Culture Is A Joke Term Created By Broke And Lazy Losers

May 11, 2023 By Alex Hyun 2 Comments

You hear about hustle culture all the time.

How it’s so bad.

How it’s so destructive.

How the system we live in perpetuates a culture in which work is glorified at the cost of happiness.

When I read such things on the Internet, I can’t help but to laugh.

This clown society we live in is so backwards that what is true is seen as false and what is false is seen as the truth.

There is no hustle culture.

[Read more…] about Why Hustle Culture Is A Joke Term Created By Broke And Lazy Losers

Filed Under: Mindset, Success

10 Steps To Reselling Success

May 6, 2023 By Alex Hyun 2 Comments

People are always asking me to explain the technical details of selling on Amazon.

I’ve made plenty of content showing how to list and prep items for Amazon, and if you were really serious about doing it, there are thousands of videos on YouTube detailing every single step that you could watch.

But most of you won’t do it.

Most of you won’t take a single step towards your goals.

This blog is not an Amazon FBA blog.

This blog is a get rich blog.

My goal isn’t to become the next retail arbitrage YouTuber and to create how-to content regarding every Amazon FBA subject.

There are thousands of other YouTubers who provide such information for free.

My mission is to become as rich as possible and help you do the same.

Whether we do it through reselling, real estate or cryptocurrency does not matter to me.

Follow what I do and we will join the 1% of humanity together.

[Read more…] about 10 Steps To Reselling Success

Filed Under: Amazon FBA, Mindset, Reselling, Success

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.

[Read more…] about Amazon FBA Is A Vending Machine Business On Steroids

Filed Under: Amazon FBA

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