Audiobook Income Academy coach Dan Locke did FBA for three years before teaming up with the Mikkelsen twins to teach self-publishing. Here’s his take on the pros and cons of both models and why he believes audiobooks make more sense. The first thing he addressed was earning potential. Hands down, Amazon FBA wins that one. The amount of money you can make with FBA is phenomenal. The tops dogs are doing millions a year with FBA. Granted, it’s rare, but there are people doing it.
Amazon FBA guru Tom Wang says there are some major mistakes he sees beginners make time and time again. The first is dabbling versus deciding to go all in. A lot of people hear about Amazon FBA, think it sounds neat, decide to launch with maybe two hundred units “just to see if it works.” Well, Tom has news for ya: it does work and you can’t start out with just a couple hundred units. Why? ‘Cause, from the jump, Amazon sees that you’re low in stock.
Jeff Lerner says you gotta stop focusing on what you want and instead focus on becoming the type of person who would hit that goal no matter what. It’s about being the person, not obsessing over the result. Jeff and his Entre Institute members do this by mastering the three Ps: physical, personal, professional. This blueprint or framework, if you wanna call it that, makes success inevitable without hurting other areas of your life. So you can become a millionaire, for instance, without neglecting your kids.
Tom Wang says it’s mandatory to use a spreadsheet that tracks key metrics for every product you sell on Amazon. You’ll want to go in daily and record rankings; units sold; how many sales came from organic versus giveaway versus PPC; total sessions; conversion rate; reviews; and so on. This is the only way you’ll be able to determine why your product isn’t selling as many units as you’d like, and what to do about it. Business, he says, is all about making data-driven decisions.
Abdul Samad says not many people take the time to draw out a timeline for their success. But if you do, and you’re honest, it’s gonna look like a roller coaster with an overall upwards trend. You’re going to peak, run into a problem, go down, climb up even higher, peak, problem, down, back up even higher, and on and on. What happens if you never truly solve the problem though? Well then your graph will look a lot different. It’ll be more of a flat line.
Thinking of publishing audiobooks for passive income? Perhaps you’ve seen some of these YouTube ads talking about how it’s the new and improved way to make money on Amazon. That you can just outsource the whole thing, throw it up on Audible, and go explore Thailand while royalties trickle in, right? And maybe you’ve got some money set aside and you’re considering buying a course, going through it, and launching your own audiobook business. But before you do, you thought you’d do one last search. And here you are.
Sebastian Ghiorghiu turned one hundred K into about six-point-five million dollars over the course of three years. No, that’s not just sitting in his bank account. That’s the total value of all the assets he owns. His approximate net worth, if you will. A while back he had built up his final dropshipping store to where it was doing about ten K a day. That was around the time he took a hiatus from YouTube. He got sick of the pressure, the invasion of privacy. Wanted to chill for a bit.
David Zaleski is the founder of EcomHub, an Amazon startup studio that sells a 5 Day Amazon FBA Challenge, an FBA Academy course, as well as done-for-you services. David claims his own ecom brands gross more than a million dollars a month. About eighty-five percent of that comes from their Shopify store, and the remaining fifteen percent comes from Amazon. Two things helped them hit that massive number: Covid and cutting back on creating content like YouTube videos. My Ecom Hub review is below.
Amazon FBA expert Tom Wang has sold millions of dollars worth of products on Amazon. The thousands of students who’ve taken his Master FBA course have combined to do many times that. Point being, the guy has a ton of insider knowledge when it comes to Amazon FBA. From his unique vantage point, what are the positives of partnering with Amazon? How ’bout the negatives? Is it the right business model for you? Keep reading to find out.
Tai Lopez is back. He’s got the hottest online business model for today. No, it’s not starting your own social media marketing agency, but it’s close to that. It’s charging business owners twenty-five hundred to twenty-five thousand dollars for one simple service: helping them create viral videos. But how? Especially if you’ve never done anything video related before? Where would you even start? How would you get paying clients? Why would they trust you? Read on for my Viral Video Influencer Agency review.
Tatiana James is a successful Amazon FBA seller. There are three things she wishes she knew before starting. Number one, she wishes she knew that the ultimate goal was to start on Amazon but not settle on Amazon. The end game, turns out, is not Amazon. Yes, it’s a great opportunity. A great way to build momentum because of all that built in, ready-to-buy traffic. In a sense, you get to participate in their success. And you can start with nothing.
Jeff Lerner says it’s a travesty that the majority of people out there are living paycheck to paycheck. Because we all have access to information that can help us learn new skills. And the right skills can be worth a lot of money. It’s important you make that connection. “If I wanna earn more, I have to be worth more. I have to increase the value that I have to offer. Then I have to go offer that increased value through the application of these new skills.” Otherwise, you’ll self-sabotage.
Morrison Publishing, by Morrison brothers Adrian and Anthony, have yet another business opportunity for you. This one involves YouTube. It the explainer video, Anthony says there’s a six step process he used to make three hundred and thirty three thousand dollars in the last twelve months spending about an hour a week posting free videos to YouTube. And no, you don’t need to be on camera. And you can get started today. Skeptical? So am I. Read on for my YouTube Accelerator review.
Renae Christine of Ultimate Architect and Cupcake Trainings LLC can show you how to build an ecommerce website that’s more powerful than Shopify and costs less to run. And you don’t need to know HTML or hire a tech team or a graphic designer either. “What if I could show you how to build a beautiful and functional ecommerce website in less than an hour for just four dollars and ninety-nine cents?” Renae says. Keep reading for my Cupcake Trainings review.
How do you get to page one in Amazon’s search results? Especially today, when everyone and their cousin is competing for that precious first page? Amazon FBA expert Tatiana James says it all starts with understanding Amazon’s ranking algorithm. So when someone does a search, clicks on a product, and actually buys it, that tells Amazon: okay, this product is relevant for that search. Like Google, their job is to provide their users with only the most relevant results for the word or words they type in.