How Alex of FBA Boys Turned $1K into a $20,000,000 Amazon Wholesale Business

On episode 56 of the Side Hustle Experiment Podcast,  John (https://www.instagram.com/sidehustleexperiment/) and Drew  (https://www.instagram.com/realdrewd/) dive deep with Alex (https://www.instagram.com/fbaboys/) who shares his journey from being a sales rep to running a successful wholesale business on Amazon.

He discusses the challenges of capital management, the importance of building relationships with distributors, and adapting to the evolving landscape of the Amazon marketplace. Alex emphasizes the need for caution in inventory purchasing and the significance of trust in business relationships. 

Chapters

00:00 Introduction to Alex's Journey
05:57 Navigating Capital and Growth Challenges
12:00 Adapting to Changes in the Amazon Marketplace
18:11 The Impact of Gating on Sellers
23:50 The Role of Education in Business Success
32:11 Reflections on Professionalism and Education
39:24 Challenges of Starting an Amazon Business
44:38 Future Aspirations in Business
50:04 Understanding the Cash-Intensive Nature of Business


#amazonfba #amazonfbatips #sidehustleexperimentpodcast 

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Listen on your favorite podcast platform
Youtube: https://bit.ly/3HHklFO
Spotify: https://spoti.fi/48RRKcP
Apple: https://apple.co/4bmaFOk 

Check out Drew's Stuff
Instagram: https://www.instagram.com/realdrewd
Twitter: https://twitter.com/DrewFBA

Check out John's Stuff
Instagram: https://www.instagram.com/sidehustleexperiment/
Twitter: https://twitter.com/SideHustleExp 

FREE Resources
✅ AVOID Price Tanking with The Tank Test Check List https://bit.ly/44FMt6M
✅ 10 Questions to Ask A Prep Center Before Hiring Them: https://bit.ly/3K3HQK4 
✅ How to Make your first $500 Reselling: https://bit.ly/3UJS47g
✅ Get the Discount Calculator: https://bit.ly/4dEhaNN  
✅ The OA Tracking Spreadsheet: https://bit.ly/4bfqupO (the spreadsheet I use to run my Amazon Business)

🛠️The tools I use to run my Amazon Business with Special Discounts🛠️ 
https://bit.ly/4bhibd3

If you’re serious about scaling your Amazon Business check out Advanced Arbitrage Tactics: https://www.skool.com/advancedarbitragetactics/about 

Inside The group You’ll get access to 
✅ Bi-weekly group calls
✅ The ability to ask me any questions you want
✅ An Online Arbitrage Crash Course
✅Methods to Avoid Price Tanking
✅The EXACT Spreadsheet I use to Track everything in my business
✅A community of seller who want to take their business to the next level