How To Start A Successful Amazon Business


Let me be frank...

You can start with $100

You can start with $1000

You can start with $10,000

Available capital should NEVER stop you from starting an Amazon Arbitrage business

What matters is how you start

The initial strategies you utilize

The initial resources you consume

The initial bits of capital you invest

This is what decides how much and how fast you succeed on Amazon

This is your foundation

To build a strong skyscraper you need an even stronger foundation

Here are the actual questions you should be asking to make sure you’re building the optimal foundation for your specific situation:

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How Much Capital Can I Invest?

This question is important because it lays out all of our resources for planning

The amount of capital you have to start will decide the type of resources, inventory, and software/tools you’ll be able to invest in initially

Imagine the starting line of a 400 meter race

BUT not everyone starts in the same position

The guy with $1k starts a little further ahead

The guy with $10k is more ahead of that guy

The guy with $100k is way more ahead of that guy

It’s not fair but it makes sense

The more resources you have to invest the better your success will be

This also means the less resources you have the more effective you have to be

Starting with lower cash means you must drain as much profit from every single penny you invest

You likely won’t have tons of cash for expensive courses, mentorships, or high ticket inventory

This is why I highly recommend selling high roi used books for new sellers with low cash

Imagine earning $29.40 from a $1.50 investment

That’s the potential of used books look like

It’s a low risk strategy for:

  • gaining beginner experience
  • earning colossal returns
  • building a healthy account

If you have less than $500 to start used books are your best option

Here’s an A2Z guide on how ➜ Arbitrage 101

If you have $1k+ online/retail arbitrage is a better option

Books are great but difficult to scale

RA & OA immediately puts you in a position to:

  • invest cash quick
  • earn consistent profits
  • hire teams to outsource

While the return % may not be as strong as books long term it’s more profitable

Ready to scale quickly with OA?

Here’s an A2Z guide on how ➜ Arbitrage 101 Advanced

What Are My Amazon Arbitrage Goals?

This question sets our North Star

It gives us direction

Direction is needed because it filters out what could be good for others but not good for us

It’s the only remedy for Shiny Object Syndrome

There will always be a new trend

The next big thing is infinitely right around the corner

Direction instantly boosts discipline because anything that doesn’t push you forward on your path is a distraction and should be ignored

If you understand where you want to go its easy to reverse engineer a route there

Let’s say your goals are to fully replace your 9 to 5

You can achieve this with:

  • $2k - $3.5k in weekly spend
  • $15k - 25k in monthly sales
  • $3k - $5k profit monthly

With the right setup you can work 5 hours Monday - Friday and profitably spend $5k weekly

That’s 2.5x the spend you need to earn $3k profit monthly

That’s how extremely achievable this is

Let's say you want to generate $100k+ in sales monthly

You’ll need to spend more on profitable inventory

You’ll need to hire, train, and build systems so you can consistently grow without sacrificing all of your time

The more you want to achieve

The more work required

Take the time to figure out exactly what it is you want to achieve

Then it becomes a lot easier to figure out how to get there

If you think you’re ready to take Amazon Arbitrage seriously

Learn how you can get to 6 figure profits faster ➜ Arbitrage Unlimited

What Kind of Resources Should I Invest In?

You are what you eat

The resources you invest in early are the foundational bricks to your Amazon empire

Imagine this comparison:

Person A invests in a highly experienced mentor

Person B studies free YouTube content

If Person A and Person B both have the same resources Person A will be lightyears ahead of Person B in mere months

Not everyone can afford a mentorship

Especially if you’re only starting on $500 or less

It’s like this game

If we adjusted this graph for Amazon resources:

You’d have $500 and Steph Curry would cost $5k

The best resources aren’t cheap for good reason

But that should never stop you from progressing

  1. Study free content
  2. Start your Amazon Arbitrage Business
  3. Build capital
  4. When you’re ready for scale, hire a trustworthy mentor

Nothing can replace a quality mentor

Except for years of trial, error, and experience

And we all know time is more valuable than money

Thanks for reading

7FigSaykho

I teach Amazon sellers how to start and scale their Amazon business to 7 figures and beyond. Receive 1 to 2 weekly emails showing you how

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