How to Go From $0 to $10,000/mo Selling On Amazon

How to Go From $0 to $10,000/mo Selling On Amazon

March 18, 2024
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Author: Big Y

**Table of Contents**

* **Step 1: Establish Your Seller Central Account**

* **Step 2: Set the Vision, Goal, and Destination**

* **Step 3: Choose the Selling Model**

* **Step 4: The Software Stack**

* **Step 5: Product Sourcing**

* **Step 6: Ungating Strategy**

* **Step 7: Using a Prep Center**

* **Step 8: Scaling Your Business**

**Article**

**Step 1: Establish Your Seller Central Account**

If you're watching this video, you have probably already applied for a Professional Seller Central account, have been approved and verified, and are ready to start selling today. If you are not, then the first thing you need to do is go to Seller Central and sign up for an account. It is really self-explanatory. Make sure you pay that $40 per month so you can get a professional selling account and then you're off to the races and you can actually start your business.

**Step 2: Set the Vision, Goal, and Destination**

I think this is insanely important and I don't ever hear anybody talk about this. That is setting the vision, the goal, the destination. From where you are right now, and where you're trying to get to, and how we're going to get there. Guys, when you start trying to build this business, you need two things working in your favor. One, you need massive focus on the most important tasks that we need to do every single day to actually build this business. And number two, you need massive clarity. If we do not have massive clarity of where we're trying to go, we are going to be endlessly trying different paths and hoping we're going in the right direction. It's like trying to go from California to Florida and then you're ignoring all of the street signs, you're ignoring the GPS, you're ignoring the map, and you're just doing whatever feels right and whatever your gut tells you in the moment. Well, before you know it, you're going to end up in Canada, you're going to end up in Mexico, but the last place you're going to end up is Florida. So we need to have a vision of where we're trying to go and how we're going to get there so that then we can know exactly what we need to do on a daily basis.

The first thing that you need to do is you need to pick a monetary goal. Now, I believe in having a long-term goal and a short-term goal. Long-term goal being I want to be a six-figure seller or I want to be a seven-figure seller. And short-term goal is I want to get my first sale or I want to hit my first thousand or I want to hit my first $10,000 per month. The reason I'm big on that $10K per month is because that is usually the first big milestone that once people hit this, they usually really start to see the potential of this business and then their goals expand from there because now they see the possibilities that can be achieved if they actually buckle down and do the work. Now, along with your monetary goal, we need a spend goal. If we want to hit $10K per month in revenue, we need to roughly spend just over $5,000 per month. But we're going to keep it simple. We're going to say we need to spend $5,000 per month in inventory and then send them in and make sure that it sells in that 30-day period to hit 10K per month. So that would mean that we need to spend $1,250 per week or $167 per day on inventory to hit that $10K revenue goal. Break these numbers down however it fits best into your life and then commit and get it done.

**Step 3: Choose the Selling Model**

I am big on singular focus. So I'm going to recommend you pick one model and I'm going to tell you exactly what that is. But choosing this model, depending on your experience level, this is what's going to determine whether you actually get off the ground running, you start making some money, you get some quick wins right off the start, build that confidence that you can actually make this business work or you pick the completely wrong model and then your business never gets off the ground. You end up giving up and unfortunately, this business never gets created. And I don't want that to be you. In the beginning, if we're talking about the simplest and easiest way to go from 0 to 10K per month, your first

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