Back in 2015, I had been selling on Amazon for several years and was starting to grow weary of the time and energy required by maintaining the busy retail arbitrage schedule I had been implementing in my business for several years. I knew I wanted to add a wholesale component to my business to relieve
Podcast Episode 198 – Six Critical Questions to Get You to a High Six Figure Amazon Income
Over the years, we’ve managed to generate a very consistent six-figure income through our FBA business. Today, we share some very helpful advice on how we got there. In this episode, you’ll hear about the six critical questions that you need to think through in order to start earning a high six-figure Amazon income. These
Podcast Episode 185 – Sucessfully Selling on Amazon During an Economic Downturn
Are we heading for an economic downturn? Well, whether or not we are, it’s important to be prepared! Today on the podcast we talk about successfully selling on Amazon even during an economic downturn. Although the topic of today’s show doesn’t necessarily seem very positive, we believe it’s one that we should discuss so that
More Ways to Get “Free” Money to Use For FBA Sourcing
If you resell products online, then you always want to buy your inventory at the lowest price possible. Not only that, but you also want to be able to buy as much inventory as you can at the lowest price possible. During my many years as a reseller, I’ve come up with many ways to
Calculating Amazon FBA Fees – Know Your Numbers and Make Better Buying Decisions
A while back I saw a video of a reseller doing something that really scared me. I still have nightmares when I think about it for too long. I decided to show a short clip of this video to my wife. She actually screamed at the TV: “Nooooooo!!!!!!!!” She was just as terrified as I was. In
Should I Take Out a Loan to Buy Amazon FBA Inventory?
If you’ve been selling on Amazon for any period of time, you’re bound to start getting offers from Amazon to give you a loan for your business. Typically these offers start out small (think $1000 range), and they grow and grow as your sales grow and grow – to the point that Amazon will eventually
How to Find Amazon FBA Inventory for Little to No Money
“I need to buy more inventory, but I don’t have very much money to spend on my business!” We’ve all been there, right? Most of us started out as Amazon FBA sellers with very little capital to spend on inventory. Some folks might start out with a significant chunk of change they want to invest,
Easy Way to Track your Mileage for Retail Arbitrage Trips – MileIQ Review
Am I the only reseller out there who has ever done a great day of retail arbitrage and forgotten to write down my mileage? I am? Really? Hmmm. I thought surely I wasn’t the only one who’s done this before. OK, thanks for finally admitting it. You’re just like me…you don’t always remember to track
Time vs Money – How to Get More of Both
One of the key components of moving forward to greater success in your Amazon FBA business is rightly understanding the relationship between time and money. When it comes to running a business, you must understand the finite nature of your resources. Your time and energy are limited. Once you spend them, you can’t get them
4 Tips for Handling Amazon FBA Taxes
Before you hit the snooze button and move on to a more exciting post, let me acknowledge up front that taxes aren’t the most glamorous topic out there. Unless you’re a CPA or tax professional. In which case I don’t mean any offense by saying that taxes are boring. Is anyone still with me at
