An experienced Amazon seller who exited his business warns that over 90% of Amazon businesses fail within six months. He says guru promises are misleading and most people lose money without proper knowledge and execution.
Chapters
I'm going to just be straight. I know I have many friends that are Amazon gurus. I've sold on Amazon for several years. I exited successfully. We're just going to be upfront with everybody listening to this. This is the same advice I'm going to give to my cousin or my sister about selling on Amazon. Before you consider selling on Amazon, you need to know all these things. It's not to scare you. But if you don't know what you're doing, you are going to lose your shirt, my friend. If you don't do it the right way, you are going to lose your money. Don't listen to all these gurus, they tell you it's so easy. No, it's not that easy. What are gurus not talking about? They're not talking about more than 9 out of 10 Amazon businesses fail within the first 6 months. Gone.