Amazon FBA, is one of the best business models for entrepreneurs to start this year.
On this episode we spoke to the Big dog! Ben Alistor aka the FBA Mentor, he has generated over $3.7M on Amazon FBA private label, despite only starting a few years ago.
Amazon FBA, or Fulfillment by Amazon, can be a good business model for entrepreneurs to start with, but whether it's the "best" business model depends on a variety of factors such as the entrepreneur's goals, experience, and resources.
We hear his story on how he started, the pitfalls along the way and opportunities he sees on Amazon this year.
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Key moments:
00:00 Intro
01:06 What is Amazon FBA?
02:55 Background
07:22 Business and Family
09:11 What was the hardest point in his life?
12:01 The fear failure and mindset of an entrepreneur
14:57 Fake Gurus
19:45 Leaving his Job
26:50 Making the jump
30:26 The First product
34:53 How much he made and how he spends it
44:22 The Struggles and the Wins
48:31 Retail Arbitrage
52:04 Is Amazon FBA Saturated?
56:48 The Pros and Cons
01:02:36 How much do you need to start?
01:06:43 How to find products
01:13:48 How to find suppliers
01:14:58 My motorized skateboard business!
01:18:38 The future opportunities in ecommerce
01:21:41 Prime & MrBeast burger
01:23:45 Ben's goals and mission
01:29:00 The Electric Car Business Opportunity!
01:33:28 Outro
We’re on a mission to find you your next business opportunity.
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Disclaimer * Whether Amazon FBA is the best business model for an entrepreneur will depend on their specific goals and circumstances. It can be a good choice for those who want to start a relatively low-risk e-commerce business that can potentially scale quickly.*
Checkout Ben Alistor links below and reach out to him if you want to start Amazon FBA today!
💢 Ben Alistor Social Media Links👇
KZitem : www.youtube.com/@BenAlistor/f...
Instagram : instagram.com/benalistor/?hl=en
Tiktok : / ben_alistor
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