Hey guys this is Ted with OAXRAY and today I just want to talk about how big your business
can get on Amazon.com
So I was reading the Wall Street Journal publication and they do a lot of statistics and they tell
you you know just kind of different facts and they look at it in the past in what's
going on, the trending.
And it's actually an interesting article in it says that nearly half of the 30 olds earn
more than their parents do.
And whenever you look at the graph it starts off at almost all …. people during the 1970s
earned more than their parents did by the time they're were in their 30s, late 30s just
because I mean they learned different skills and then your parents did one thing they would
help you pay for college or whatever it is and by the time you're their age you're actually
doing a little bit better for yourself than they were at the same age and it's kind of
like a building process over the years, over the generations but now we are down to 50%
or less are actually making more than their parents are and it just kind of brought me
to an interesting point because when I was on the cruise I met somebody and I think it
was Freeport, Freeport we're on a beach and I talked to a guy next to me and he was
like I've been at my job for 26 years and I'm just stuck I can't make any more money,
so I'm just here tell me a little bit about Amazon.
And 1 thing that I say to everyone who wants to start Amazon is this is 100% based on what
you input into it and they're essentially is no cap.
When we look at Jeff Bezos he started in his garage actually about 20 years ago in 1998
and I know a lot of people here starting in their garage, I know I started in my kitchen,
I didn't have a garage.
So I had stuff packed up all around me, all these different items when I was just you
know trying to feed the family make enough money to take care of my daughter at the time
and that's kind of how things got started.
But really the message I want to convey in this video is there really is no cap what
you can do on Amazon.
There is no maximum, it's not like are there is no maximum, it's not like one day you're
going to be selling and you're going to hit 100,000 sales a month and then it just stops
or you can't go any higher and that's one of the things I liked about Amazon.
I mean I've had jobs and no matter what job you have eventually you get better, you get
better, you get better, you get lower raises and then you kind of hit the top pay for whatever
it is you're doing and you can't go any higher.
And I mean if you've been at a job for 5 or 10 years and you just can't make it bigger
you know you always had that kind of wall at any job so that's why I like Amazon because
you can always get a bigger warehouse, you can always sell more books, you can always
sell more you know do a retail arbitrage or hire someone to do it for you.
So really this problem that we have of 30 year olds not making more than their parents
I think whenever you're selling on Amazon it's all based on what you want to do and
how much time you want to put into it.
So you can start from your kitchen, your basement, your garage and 2, 3, 4 years down the line
you might have a 5,000 square foot warehouse, 2 years form there might have a 50,000 square
foot warehouse.
I know people who started 3, 4, 5 years ago who now have warehouses, multiple employees
and you know they thought like I did at the beginning.
My goal at the beginning was to make $100 a day which is about a little less than $40,000
a year.
That's kind of where I wanted to be, I wanted to stay home with my kids and after actually
selling for a while and realizing that hey I can attain this goal and that I can actually
do better than the goal that is when things got really exciting.
So when you're building your business set a short term goal whether that's I want to
make 2, 3, 4 thousand bucks on the side or even 500 bucks on the side but once you hit
that goal just keep raising it every year because your skills are going to go up, your
skills are going to increase and as your skills and your knowledge base and the people you
know increases you can increase the amount of money that you're making.
And the cool thing about selling on Amazon is I have a 8-year-old and a 4 year old I
bring them into it, they will they help me label, they learn that the more things that
we're able to find that are profitable the larger the business gets and if you can teach
your kids how to sell an Amazon maybe in 10, 20 years Amazon doesn't exist but if they
can learn those foundational steps they can actually move up to whatever the new platform is.
But everyone can make their Amazon business as large as they want based on the amount
of time they put in and base on the amount of research and skills that they're learning
as they are doing it.
That was my message for today, thank you guys very much.
Have a great day.
Make some money using OAXRAY.
For more infomation >> Donald Trump lied about how much he paid for Melania Trump's 10-carat diamond engagement ring - Duration: 3:17. 
Không có nhận xét nào:
Đăng nhận xét