hey everyone welcome back to my channel today I have a special guest Amen I met
Amen early January actually found out about Amen's YouTube channel when I was
randomly browsing one day and I figured I found actually I found him in the
Amazon ninjas group and then I came across his YouTube channel and he had
some very useful Amazon videos and we started talking and then I realized we
were from the same city so I started reaching out to Amen and talking about
his Amazon journey and his experience and I want to share it with you guys
because I know Amen is absolutely killing it on Amazon he's not a
millionaire but he's doing amazing sales and he's been doing this for quite some
time so Amen why don't you let people know a little bit about your Amazon
business sure yeah first of all Tamara thanks for the intro we're all in her
group I'm sure she'll leave a link in the description for the Facebook group
you're doing a fantastic job in there I've also you know been talking about
your business actually want to flip it and do your interview one day so people
can you know because your numbers are amazing but yeah thanks for everything
that you do regarding my Amazon journey it's kind of a random
thing really to be honest with you I'm an entrepreneur since 13 14 years old
you know (wow I didn't know that) yeah I started I had a big thing for music and deejaying and stuff
so I started you know like every other student in the A/V Club and then from
there I fell in love with music you know bought some records bought some
turntables just started doing local parties went from local parties to school
dances to school dances to clubs and then I just built an entertainment company
over the few years I've stopped that now just because you know I'm older now
married got my girl so I want to spend time with my family yeah
but during that entrepreneurial journey we did a lot of you know installs in
terms of like venues wanted speakers or whatever it is so
purchasing from overseas and dealing with overseas suppliers is not new to me
I know Amen has a lot of experience with sea shipping so that is another reason I
brought him on to my channel he can share with you how he does all his crazy
shipping because he's been doing it for years right yeah correct yeah and these
aren't like small things they're like big you know big
massive speakers and stuff so at the moment I'm running a bunch of
things I'm an IT security consultant that's my nine-to-five it's my own
company and I consult with some various companies here and then between me and my
father we've got a construction business I do not really you know I'm not
involved in it too heavy just when he needs me but there's that and then some
other stuff on the side like for example I still run the entertainment stuff and
then I've got a social media branding thing that I'm working on right now just
to help like others you know build some social media real estate but Amazon is
kind of like the focus right now in the sense of you know you're gonna hear
these cliche statements like now or never it's the best time to be in it and
it's true right and you know it's funny I was on YouTube one day and
just searched I think I may have bought on Amazon you know how they can tell where you
buy and where you shop so you get all the ads and stuff come up and this yeah
and an ad came up for some seminar some webinar whatever it was and
seems pretty interesting I honestly can't remember who it was was but one of these Amazon
gurus you go check out her video by the way and I'm a
guy who's like I'm always learning I'm always reading books you know I'm always
listening to podcasts so and with me I get bored really quick so I was
just wondering and I saw this kind of caught my eye
attended the webinar and I just found it interesting because I've never really
sold anything online you know besides eBay but that's not really - we all know
eBay is like Craigslist - yeah like Craigslist but not like
actually establish a business with your own products so I thought you know what
this is pretty cool because you know I'm lazy man
I'm like laptop lifestyle that's my goal I don't want like you said I don't want
millions of dollars - you just need enough to be comfortable and share - exactly I don't want
I don't want fancy cars I don't want a big house I want to travel and when I
travel I want to go and stay in nice places but like you know what I don't
want to stay in like you know some junk place and you want freedom you want
freedom for yourself with your family and that's what I try to promote on my
channel and in my group I'm not here we're not here to make you rich we're
just here to help you make the extra income so you can enjoy free time with
your family your loved ones or to just buy things that you like that you have
the freedom to choose instead of go to McDonald's you can go to somewhere nicer
a steakhouse or something - 100 percent and that's what my whole vibe is in my whole
YouTube channel is like if you can make an extra whatever say five hundred bucks
a month yeah even I was just going to say even a thousand dollars a month
that's enough for you to enjoy a few nice things yeah that'll change
people lives you know what I mean and it's realistic and is doable that's the
thing like that's my whole concept like I'm not here to like you said I'm not
here to tell you gonna be rich you could be that's gonna take a lot of work
a lot of time a lot of money right - so Amen how much are you doing for sales a month
right now - me I'm currently doing around just shy under $30,000K gross that's
exactly like myself yeah and my margins on that are around at the moment because
you know my story about that stupid container got stuck in - so for those of you who don't know Amen
very well he got charged with custom was it a custom fee - so basically yeah some
random inspection contraband team came in I was FCO which means it wasn't a
full container load so I was sharing my load with another person and they
suspected something but they have to investigate everything so I
got hit with basically $3,000 US bill for their work and which took out a big
chunk so I'm averaging around 20 percent 20
to 23 percent margins which is typical people look at them be like oh
that's it I mean - that's good - that's retail average
yeah and that's after you got hit with the $3,000
correct yeah now have you found out why you unexpectedly got hit with that fee
just so I can share with the viewers like how often would that happen
how often is that the customs would actually search your container - I
don't know what the criteria was but what I've been hearing just from some
friends and stuff since you know the whole tariff issues that a lot of stuff
is starting to be searched I was very fortunate that I'm in a
market like I don't mind saying what market I'm in musical instruments and
stuff and you know I was never hit with a duty on top so it's just the fee so a
lot of people that I know that are in these certain tariff boundaries not only
did they get hit with these fines but they got hit with another tariff so it
is what it is there's nothing you can do about it like I'm not gonna sit here and cry
about it you just have to roll with the punches and deal with it you know
I think all these unexpected fees is another thing that I should mention
to new sellers or experienced sellers you have to have some money in the bank
you guys like there's been some people that message me and they're like
I have exactly let's just say $3,000 I'm ready to start and in the back of my
mind I'm always saying you know what you you need some money in the bank in case
something happens something can always happen you might get hit with an
unexpected inspection fees like what happened to Amen or maybe you know
something else can happen and if you don't have that money in the bank you
know that's just your business is never going to grow and you know can
become bigger so - yep 100% I agree with you if you're planning to get into
this business whatever money you have I don't care what it is $500 $1000 ten
thousand you better make sure that you've got 1.5 times what you actually
think so if you've got only five
thousand take you know 1.5 of that and just
stick it somewhere now you're left with whatever is left over that's what you
have to start so but yeah like I said you know numbers you know
they're good they're average I'm hoping to grow you know as well waiting for Q4
so we're getting prepped for that I think this year - so how long did it
take you because this is a very common question that people ask me well how
long would it take until I start seeing some money because all I'm seeing is in
the negatives and for me myself it took four months three or four months I started
seeing like you know a few hundred dollars and then slowly a few thousand
and now I'm seeing thousands after seven months but that's because I've
launched four products and I'm going on to my fifth product so Amen how long
did it take you - okay so I'm gonna answer that in two ways it took me to actually
start making money where I could potentially take out a little bit and I
mean a little bit okay probably six seven months yeah because everything
that I earned even today I'm almost a year in it'll be a year in like
September like for what I consider my year I have been selling on Amazon for a
while but my year where I actually got my shit together and actually learned how
to do it properly it's been a year seriously like focused and dialled in and
so to answer the question a different way it also depends on your goals like
if you're in it just to make a few bucks you know every month you can do it right
away really send a few items whatever it is but if you're here to build a
business something long-term and you're talking profits in three months you need
to find something else to do because like one thing with me is I'm a straight
shooter I say it how it is you know it really saddens me when people come with
these expectations that they're gonna be filthy rich after three months that's
not how business works - and you know what I blame all the lying gurus for that one there's a lot
of videos going on and a lot of get-rich-quick videos you guys do not
fall for that because we're obviously here to tell you that it takes
time money and you have to keep trying - I think the
biggest thing is besides the money that's a given it's growing in
time like you're gonna make mistakes you know there's gonna be hurdles like I
know so many people in the last two three months first product first time in
first hurdle they had a problem and they quit you know it's like okay just to
give you guys some sort of numbers say for a thousand for every thousand
sellers that joined today on Amazon ninety percent
yeah ninety percent of them don't make it past three months
very true so and these are just typical business stats so again you know if you
wanna if you want to build a business obviously make some profits you gotta
you gotta spend the time you gotta do the work and you got
to pay your dues - yeah I know for myself I make a decent
amount of money now where I don't have to go to a 9 to 5 job because that money from
Amazon replaces my shitty nine-to-five job I told you guys I worked at a
typical 9 to 5 office job and I was making like $4,000 a month like I made that
on Amazon very easily and that's where my money's coming from now however I
don't I actually never even took out any money for pleasure yet it's just
sitting in my US-based bank account because I'm launching new products I
know that for myself the more products you launch the more money you invest in
your business and saving your business the bigger it'll grow so I actually plan
to do this until the end of this year going to see how Q4 goes then in January
I'll start taking out start paying myself in huge chunks to enjoy my life
to kind of do other things but again you guys you it's very very hard to
initially take out money and but you still wanna grow your business I almost
feel like you have to decide on one or the other like you can take some
money out like you know a few hundred dollars like we mentioned however it's
it's more ideal and actually better to leave the money that you make in the
business in order to grow it - again it depends like if you're gonna do if you're gonna
do Mickey Mouse things you're gonna make Mickey Mouse money right it depends on
your goals right like if you want to make a goal of it and
establish you know something that you can leave for your family for
their families and you know that takes years you know like I commend you
like and people don't understand this is they think okay I'm gonna launch a
product and I want to make X amount of dollars and I'm good to go you're
actually gonna make money quicker for you to retire the way you're doing it
because the way you're doing it is one product two products four products eight
products as you exponentially release products your money grows exponentially
right that's what these gurus don't teach you yeah I mean like yeah it's
great that you want to launch more products but you gotta have a reason
behind it because why would you want to release more products if you're happy with
what you got yeah like with my business honestly I don't
want 50 products I want max 15 10 I want to manage it myself maybe one VA right
so my goals are different and that's really important like you really need to
sit down and figure out what you want to do - it's what you want long term
like I want an easy life I don't want to you know I got nothing against
you know running like I've had employees and I don't want to I don't
want to be in that position again because like it's a different mentality
now got to look out for them and their families - that's your full-time job
a couple of VA in there you know one
full-time employee that's not a problem right but I for me my business is I just
want no headaches like I said laptop lifestyle that's my logo
that's my goal - yeah both of our goals are not to get rich and buy crazy
super cars or crazy houses it's just further freedom so I hope you guys found
this video useful because we want to teach we're here to always promote to
you guys more freedom and just having that more comfortable lifestyle
really - yeah for sure you know a couple of
takeaways because I get asked all the time
you know about the business and stuff if there's anything you could take away
today it'll be two things one is don't quit because I can tell you from
experience my first three products I spent 7 grand and I failed 7 grand - that's
crazy because I last year I did one product and I failed
I lost 3000 I thought that was already a lot I was like oh my god that's like
that's a really nice trip to the Bahamas you know that's like a five-star and
then I was like should I keep going I'm so glad I did and it does take a
bit of money but you can't rush it
no you can't and the other thing that you guys need to know for
you newbies out there that's watching this or listening this business is not really
about the products the business is millions of people coming to a website
looking for something specific so you need to figure out what that specific is
and build your products around that so in other words understand keywords if
you can understand keywords like my best investment ever was paying money
to kind of like these like I'm a Helium 10 guy it doesn't matter what you
use like you have your tools I made more money just off Helium 10 than I did
just random researching on Amazon right because I'm looking for specific things
and obviously this video this is too long of a topic to talk about but
there's so many resources out there you don't in my opinion you don't
need a course to start plenty of information on YouTube if
you're jumping into Amazon for the first time my recommendation is and this is me
this is you know that's how I did it is start with retail arbitrage the reason
is again it's not to make money is to understand the system the experience it
doesn't matter if you make money or not like I took random stuff from my house
even brand-new stuff I didn't even open I made zero money honestly maybe
two three bucks whatever it was but I understood how Amazon works
understand how to create an account understood you know how to put my money
in - how to put up a listing
how Amazon pays you the ugly fees and everything and the shipping part and you
know the last thing is don't be scared of sea shipping get a forwarder find one
make him your best friend always use a freight forwarder honestly and it's
true it's not a hard business but it's not an easy business it's
just a matter of you putting in work - yeah I think this business in general is a baby
it's going to be your baby for a really long time and if you don't feed your
baby every day it's just gonna it's gonna collapse because Amazon keeps
changing and we have to change with it that's one thing I really want to stress
myself I actually did not follow a solid course as well I've seen a few courses
but I decided in order to be a successful entrepreneur and you have to find the
sources yourself you need to find people who are doing well and just copy them
ask them for advice and that's where I found Amen and we're both pretty much on the
same page so it works out yeah and it worked for you guys too - 100% I think
instead of buying a course what I would do is like I said absorb as much as
you can try retail arbitrage you're better off spending that thousand
dollars or just go to an event go to an event some sort of networking event
Amazon event whatever it is you'll gain more experience out of that than you
I cannot believe some courses are over a thousand dollars you know I
actually have to take some of this back because some people do have a different
learning capability some people are slower learners some people really like
courses because it's right in front of you and it's easy for you if that's the
case you can buy yourself a course however I strongly do not recommend
spending thousands of dollars on a course like No - because you end up
it's not even material it's not even the gurus you become a
sheep and that's the problem maybe three years ago two years ago
when Amazon was fresh you could get away with it but it's changed now like it's
about branding well it's about business it's about it's a bunch of other
things that a course doesn't teach you because if you've got twenty
thousand people every day doing the same research what
do you think's gonna happen right you gotta use logic so use a concept you
guys if you have any questions for us I'm going to wrap this up it has been a
while and my laptop is actually dying so Amen thank you so much for joining me
today if you guys have any questions for Amen I'm going to link his channel
down below if you check out his videos he's awesome he's very transparent and
his videos are so easy to watch please give them a like and thumbs up
and subscribe to him and if you guys have any questions for both of us you
know where to find us the group is Amazon FBA Winners yeah man
make sure you join it really helpful people and she kicks ass in that group
so I'll see you guys there bye
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