The Intrinsic Value Podcast - The Investor’s Podcast Network MI Rewind: Building a Business on Amazon w/ Stephen Somers
IN THIS EPISODE, YOU’LL LEARN:
- 06:40 - Who benefits and doesn’t benefit from selling on Amazon?
- 10:01 - The first step to take if you want to be a seller on Amazon.
- 13:02 - What types of products should you avoid selling online?
- 15:40 - Unique strategies for finding high-profit, low-competition, “hidden-gem” products.
- 23:57 - Opportunities that exist when it comes to selling used products online.
- 31:38 - How to source products without any manufacturing or supply chain experience.
- 43:49 - What common misconceptions exist around being an Amazon seller.
- 46:56 - What the success rate for Amazon sellers is.
- And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
- Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance.
- Get a FREE audiobook from Audible.
- The Shark’s book Shark Tank Jump Start Your Business.
- Mike Michalowicz’s book Profit First.
SPONSORS
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Read this episode’s transcript and full show notes on our website.
Connect with Stephen: Website | Facebook | LinkedIn | Instagram
Connect with Robert: Website | Instagram | Twitter
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