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How would you like to build a MILLION dollar business in ONLY a year? What if I told you it was easy, at least in principle…
Today I’m breaking down what 7 figure Amazon business ACTUALLY looks like, a step by step guide to seven figures. It won’t be easy, but the ideas are incredibly straightforward, now it is just time to execute!
Build A Million Dollar Amazon Empire
- Join the FBA ALLSTARS FREE mastermind
- How to build an 7 figure business
- Why people hold themselves back mentally
- The reason 10 sales a day is the minimum to look at
- Why attacking more competitive niches can make more sales faster
- How juggle cash flow and inventory – more on this
- The biggest problems I have with scaling
- Why speed is everything in Amazon
- The reason supplements and beauty products sell big
- How to think about shipping costs – more on Amazon shipping here
- Why YOU MUST realize business is a game
- How to time purchase order to push it
- The stay afloat mentality to making business success
- Why I love low competition products
- How scale sales successfully with giveaways
- What happened when my listing was COMPLETELY COPIED
- How to knock down knockoffs
- Why big sales simplify the exit approach
- The add value approach to business success
The Amazon One Year, One MILLION Dollar Business Formula
One product per month
Ten sales per day
Ten dollars profit per product
Add $3k profit PER month
3, 6, 9, 12, 15, 18, 21, 24, 27, 30, 33, 36……THIRTY SIX THOUSAND DOLLAR PROFIT PER MONTH!!!
With a 20-30x multiplier – $720k – $1080k EXIT
Just put one foot in front of the other…
Want more? Subscribe TODAY!
I’m looking closely at how to manage cashflow.
It seems that there is quite a lag in actually making enough profit to reinvest in the next product as well as investing the first product, almost before you get anything in for it (with lead times being around 50 days – by sea).
I wonder what your thoughts are on that, Matt.
Hey Mike, I try to do part express and part sea to speed the launch cycles. That said it is a pain to manage unless you are able to reinvest a little more as the business is growing once you see traction
OK – thanks Matt.