How Tim Soros Scaled his Amazon FBA Arbitrage Business form $0 to $10,000,000
In episode 51 of the Side Hustle Experiment Podcast, John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/realdrewd) chat with Tim Soros
Tim does $10 million a year doing Online Arbitrage. He has a team of over 9 virtually assistants that basically run the business for him with little involvement on his part.
0:00 - Introduction to Tim Soros
2:30 - Tim's Amazon Journey: From $0 to $10 Million
7:45 - How Tim Sources and Spends $80K on Inventory
16:15 - Why Consistency is Key for Amazon Sellers
22:10 - When to Build a Team and Expand
24:45 - The Benefits of Mentorship for Business Growth
30:40 - Managing Multiple Ventures: Amazon and Crypto
34:00 - Hiring Virtual Assistants: Buying Back Your Time
37:25 - Lessons Learned from Building Arbitrage Empire
41:00 - How to Stay Consistent and Achieve Success
45:50 - The Future of Amazon Selling
48:30 - Closing Thoughts: Advice for Aspiring Entrepreneurs
#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