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How to Scale You Amazon FBA Business to $900,000 Working Part Time Hours ep 10

How to Scale You Amazon FBA Business to $900,000 Working Part Time Hours ep 10

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 How to Scale You Amazon FBA Business to $900,000 Working Part Time Hours ep 10Episode 10: John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/drewfba/) talk with Rick who has done $900,000 in sale on Amazon FBA part-time.Rick shares his approach to sourcing and pricing, focusing on wide inventory selection and flexible pricing strategies. He emphasizes the importance of tracking numbers and financials to make informed business decisions. The conversation covers topics such as reconciling invoices and ASINs, analyzing financial numbers, using Kohl's cash, exit plans and scaling#amazonfba #amazonfbatips #sidehustleexperimentpodcast Follow us on Instagram: https://www.instagram.com/sidehustleexperimentpodcast/ 00:00:00: Introduction and Background06:02 : Transition from Stocks to Amazon14:04: Margin Squeeze in the Amazon Business19:09: Amazon as an Investment Vehicle20:24: Rick's Amazon Business and Approach24:15: Going Wide vs. Going Deep on Amazon FBA28:29: Importance of ROI and Pricing Strategy33:28: Factors that Contributed to Amazon Business Growth40:10: Using Kohl's Cash46:43: Sourcing Tips and Budgeting Time01:13:10: Number One Tip for Beginners01:16:57: Valuable Lessons from Amazon Check out Drew's StuffInstagram: https://www.instagram.com/drewfba/Twitter: https://twitter.com/DrewFBACheck out John's StuffInstagram: https://www.instagram.com/sidehustleexperiment/Twitter: https://twitter.com/SideHustleExp AVOID Price Tanking with The Tank Test Check List (FREE): https://bit.ly/3pgNWQz
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