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If I were him I'd open my own shop while still hustling on Amazon and making them aware of his own store. Don't know what amazon would say but if possible that's what I'd do.
For the millenials here, have you given up on getting rich yet?
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All the little things you have to get right adds up to a lot of time and effort, all while your store doesn't get anywhere near the amount of traffic as Amazon. At the end of the day it's better to let Amazon handle all the logistics so that you have time to focus on the important stuff.
It's not about making as much as possible, it's about living a happy and comfortable life
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Yeah, I know that Amazon makes it easier. I don't even know what he sells. I'm just imagining he could slowly transition to his own store and not give them their cut.
I know it would probably suck for a minute but ultimately it could end up with him keeping all his money. I'd rather hire my boys to help me out and pay them and keep the money in my circle vs Amazon. That's just how I am. But yeah if it's for sure going to ruin your life don't do that.
I also realize Amazon gets him way more looks. Just brainstorming.
I know it would probably suck for a minute but ultimately it could end up with him keeping all his money. I'd rather hire my boys to help me out and pay them and keep the money in my circle vs Amazon. That's just how I am. But yeah if it's for sure going to ruin your life don't do that.
I also realize Amazon gets him way more looks. Just brainstorming.
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My old man was making low 20's an hour when he bought a house in the late 80's. I can't afford this area even on my journeyman pay I'll be making in a few years. The Bay Area is too damn expensive. I never will be rich and that's the reality. I just hope to be comfortable and be surrounded by good people. Let me have my Harley, my truck, and a few laughs along the way and I'll be alright.
$tacy
formerly willchamberlain
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I don't wanna be that dude that wanna be rich so bad I chase being rich and not enjoy my life like I should. As much as I wanna be rich I wanna enjoy this life I'm living too. I've seen dudes put their children 2nd to chase **** that never happened.
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This. I own the trademarks to our branded products we offer on amazon. With all the units sold on amazon I'm sure customer look for our name now. (think monoprice)
I gladly pay amazon that 45-50% for them taking care of SEO, Storage, and most importantly logistics.
It costs $100-$150 to send 4,000 units to amazon. Amazon ships those 4,000 individual units to customers for about the same price it would cost us to send each item individually.
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Wait, you already thought of cutting Amazon out?
Just playing. Glad things are going well for your business.
Just playing. Glad things are going well for your business.
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Definitely know what you're saying, I'm 31 now and am on the edge of giving up on the whole wanting to get rich thing as my net worth is under 100k still. Its just tough to live in Cali and have a good quality of life without a higher net worth which means well into the millions
...So
formerly beyondmeasure
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Interesting concepts ITT.
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if you not enjoying the journey to wealth....
you must be doing a job you don't like
so you are wasting a 3rd of your life regardless
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a brother of mine has traveled to work all over the US and tell me electricians anywhere else are better off than the electricians with less than 10 years under their belt here in the California and especially the Bay Area. He's one of the only baby boomers that acknowledges that it was easier and better for them than it is for us. He was telling me an electrician in St Louis will more than likely have a home, a rental home, a truck, and a boat and still live comfortably.
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Agree with you on something here. Spots are there, of course it's not easy but they're available. Probably actually easier than your little **** job once you're proficient in it. Folks are just scared, psych themselves out.
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I've been able to build a million dollar+ real estate development business after hustling at it for about 7 years. I'm 29.
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What do you mean by that though like is your business revenue million plus per year or is that the valuation of it. Do you have partners etc.
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Inquiring minds would like to know..
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can i ask what you guys are selling?
Is it your own product?
Buying and reselling?
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^always be wary of an NY ***** asking how you make your money...
Alpo is out there....
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I buy and resell collectibles. Pokemon
, Star Wars, etc. I just started so over time I would want to create a product to manufacture and sell but right now i'm just grinding out every dollar i can
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Not sure if this is relevant. I'm just an old man.
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I don't have any partners and we have done between 1.2 and 1.6 in profit last few years. Large majority of which I reinvest to continue to scale.
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efff getting yourself rich....
Im trying to bring in the tide that'll raise all boats.
Im trying to bring in the tide that'll raise all boats.
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....by the time you gain the ability to influence the finances of others...
you will already have been wealthy for years