An Amazon FBA buyer shares how he turned a $190,000 purchase into a $2 million business with $60,000 monthly profit, but warns that e-commerce is volatile. He's seen major aggregators like Perch and Hay Day collapse and advises starting small instead of risking retirement savings.
I purchase Amazon FBA businesses for a living, and everyone always gets very excited because the fact is it is a very lucrative thing to do. I have purchased a business for $190,000 that was making $6,000 a month in profit, and I scaled it to now being worth over $2 million, making $60,000 a month in profit. But I have also bought a bunch of Amazon FBA businesses that ended up tanking. And there is a reason why these aggregators that raised billions of dollars— we're talking about Perch, Hay Day, Thrasios— have declared bankruptcy, because this is not an easy thing to do. And that is because e-com, Amazon FBA as a whole, is hard because trends, search volume can swing momentum in both directions. And that's why I always tell people That e-com, yes, gives you the money freedom, the time freedom, the location freedom, but it is best for everyone to build a business first because you don't know what you don't know. You rather go through the growing pains of e-com and Amazon FBA as a whole based on just a few thousands of dollars of investment instead of you basically draining your 401 to try and make a business work. So if you guys are interested in Amazon FBA at all, follow this actual page here because I'm gonna be spitting out a lot of game, and comment down below any questions you might have.
