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

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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.

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

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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.

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How To Guarantee Sales On Amazon

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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.

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

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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.

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10 Steps To Reselling Success

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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.

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Amazon FBA Is A Vending Machine Business On Steroids

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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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How To Get Rich During The Retail Apocalypse

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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

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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?

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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

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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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