Amazon Resellers are doing it all wrong now… Selling on Amazon is no longer a HOBBY, it needs to be a BUSINESS from the start. No longer are the days of trying to sell on Amazon as a side hustle while breaking Amazon’s rules purchasing from retailers like TJ Maxx, Ross, Marshall’s, etc… Now Amazon only wants professional sellers. And I don't mean sellers that are on the “professional” selling plan… Even if you're doing this as a side hustle, you must do it the right way. Amazon wants sellers with real business savvy, purchasing from authorized distributors (yes, that can mean authorized retailers and wholesale), proper documentation, processes & procedures to follow that are in-line with Amazon’s rules, and so much more… What will this require? Check out the blueprint to $100k per month below and my breakdown of each in this thread:

Elon Musk just became the world's first trillionaire this week, and most of the takes are missing the point. This isn’t Elon sitting on a trillion dollars. By his own account it's under 0.1% cash. His trillionaire status is a number based on the value he’s produced through his companies in Tesla, SpaceX, and his other companies, and those valuations exist because the companies do something real. Reusable rockets, electric cars at scale, satellite internet to places that never had it, solar, and so much more. Strip away how you feel about the guy and the lesson underneath is the same one that applies to a one-person business. Your income tracks the real value you create and the problems you solve for other people, not how hard you work or how badly you want it. Not how good or bad of a person you are. It’s all about how much value you create in other people’s lives through your business. Most of us aren't building rockets, but the math is the same at every level. Solve a real problem for enough people and the money follows. It's just a lot more zeros for him.

I've currently got 83,000 leads sitting in my database right now for selling on Amazon that are all matched to a supplier. People think sourcing is about finding the next hot product, but the real asset is the list you build up over years, because prices move, competition comes and goes, and a product that made no sense to buy six months ago is suddenly profitable again. When that happens you're not out scrambling to find it. It's already in your database waiting. The sellers who last are building a list they can keep pulling from for years.

I have a single rule in life that I will never break. If I see kids selling lemonade, I stop and buy one. Usually I don’t even end up drinking it, because it is usually terrible. But entrepreneurship at a young age must be encouraged and rewarded.

My very first real products on Amazon were lighted Christmas deer, the wire-frame light-up ones people stake in their front yards. December 2015, I drove around to dozens of stores grabbing every set I could find, then sold them back on Amazon through the holidays. No software, no system, just me in my car checking store after store. Ten years and millions in sales later, the basics haven't changed much. Find a product people want, buy it for less than it sells for, and do that over and over. The tools got better. The core of it is still the same simple thing I was doing in a parking lot in 2015.

I may just keep saying this every day so people don't forget Amazon is a cash flow business, not a P&L business. Meaning you can have great profit on paper but no cash and in other cases, vice versa. Learn to manage your cashflow if you want to keep selling on Amazon