After documenting his Amazon business work since 2018, he partnered with an investor to buy a $238,000 FBA business generating $6,000 monthly profit. The investor put in $190,000, he ran it, and now he owns part of it with zero down. He's using the same model to buy more businesses.
This is a reminder that just keep going and document everything, because a few years ago I bought a business for $0 upfront. And in this video, I'm going to show you the exact steps that I went ahead and used. So since 2018, I have been documenting my journey as far as building brands, selling them on Amazon, etc., etc. In 2021, there was a huge craze as far as buying Amazon FBA businesses. We're talking about private equities raising all these funds like a Thrasios, like a Hay Day, like a Perch, and valuations were insane to the point where I found this one business for $238,000 that was generating that much in profit every single year. So on average, $6,000 per month. And I bought this business for $190,000. But none of that was my own money. And that is because I documented my entire journey of building brands on Amazon since 2018. And I had a buddy of mine that had a client that had money that was interested in doing Amazon FBA and wanted to partner up with me. So the exchange was he'll bring in the money and And I will operate the business. And today, that same brand in July made that much in profit. And again, in August, made that much in profit. And I am part owner of that business with $0 down. And today, not only am I able to take distributions from that business, I'm part owner of that business, and we're buying more businesses With again, it's $0 upfront from my own pocket. So again, post the content, show exactly what you're doing day to day because you never know where your life could end up at. If you guys have any questions about this whatsoever, leave it down in the comments because I'm an open book and will share everything.
