Building a Successful Amazon Business: A Student's Journey
👋 Hey there! Welcome back to my YouTube channel. In today's video, I have a special guest, Ryan, who is an Amazon success story. Ryan is from Australia, and his story is super inspiring. He's going to share it with you guys today. Ryan joined the Econ Freedom course back in June 2021, and he's been able to build a successful Amazon business. In this article, we'll take a closer look at Ryan's journey and how he was able to build a successful Amazon business.
Table of Contents
- Introduction
- Ryan's Journey
- Starting on Amazon
- Finding Success with Eco-Friendly Tablecloths
- Discovering the Econ Freedom Course
- Taking the Course and Starting a New Product
- Challenges and Solutions
- Building a Brand on Amazon
- The Importance of Staying in Stock
- The Perfectionist Mentality
- Is Amazon a Get Rich Quick Scheme?
- The Importance of Investing in Your Business
- The Value of the Econ Freedom Course
- Conclusion
- FAQ
Ryan's Journey
Ryan's journey started before he signed up for the Econ Freedom course. He started selling on Amazon back in 2018 with a business partner. They found a successful product, eco-friendly tablecloths, and were one of the few people on Amazon selling them. However, in 2019, they had to stop selling the product due to some issues with Amazon and the impact of COVID-19.
After shutting down the product, Ryan came across my YouTube channel and started watching my videos. He found them easy to understand and was attracted to the way I presented the information. He then discovered the Econ Freedom course and signed up in June 2021.
Starting on Amazon
Ryan's journey on Amazon started with the Econ Freedom course. He followed the modules and joined the weekly Zoom sessions with Jeff and Andrew. He found the course valuable and was able to learn a lot from it.
Ryan's first product was launched in February 2022, and he was able to sell out within six weeks, making around $26,000 in revenue. He had 300 units in his first order and made between $6,000 to $8,000 in profit.
Finding Success with Eco-Friendly Tablecloths
Ryan's first product was a kit that he created with eco-friendly tablecloths. He differentiated his product by offering eco-friendly options, which was not common on Amazon at the time. His product was successful, and he was able to sell out within six weeks.
Discovering the Econ Freedom Course
Ryan discovered the Econ Freedom course through my YouTube channel. He found the videos easy to understand and was attracted to the way I presented the information. He then signed up for the course in June 2021 and found it valuable.
Taking the Course and Starting a New Product
Ryan took the Econ Freedom course seriously and followed the modules. He wanted to do everything right and not cut corners. He then launched his second product, which was an additional product within his brand. He plans to add more products to his brand and expand it on Amazon.
Challenges and Solutions
One of the biggest challenges Ryan faced was staying in stock. However, he was able to find solutions to this problem and was able to keep his product in stock. Another challenge he faced was dealing with Amazon, but he was able to overcome this by having a perfectionist mentality and finding solutions to problems.
Building a Brand on Amazon
Ryan plans to build his brand on Amazon and add more products to it. He believes that his niche can expand big time, and he can add more than ten products if he wants to. He plans to stick to Amazon for now and
