How to Make Money Selling Legos on #AmazonFBA ... Shane Made over $500,000 in 2 years .. ep 31
John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/realdrewd) and Shane discuss how to make money Selling Legos on Amazon FBA.
Shane from Brick Bucks shares his expertise on investing in LEGO sets. He discusses the factors to consider when choosing sets to invest in.
He also explains the dynamics of the LEGO resale market and why he believes LEGO Group actually benefits from the aftermarket. Shane emphasizes the importance of learning about LEGO investing before jumping in and shares some common mistakes to avoid.
Shanes Info
https://www.bricksellerbootcamp.com/rise
https://www.youtube.com/@BrickBucks
https://www.instagram.com/brick.bucks/
#amazonfba #amazonfbatips #sidehustleexperimentpodcast
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00:00 Introduction and Background
02:04 Discovering the Predictable Cycle of Lego Set Values
05:04 Transitioning from Books to Lego for Better Margins
08:30 The Appeal of Lego: Limited Downside and Higher Margins
28:45 The Intrinsic Value and Collectability of Lego Sets
31:54 Identifying Sets with Strong Demand and Future Value Growth
35:39 Choosing LEGO Sets to Invest In
40:39 The Dynamics of the LEGO Resale Market
46:26 Lego Group's Perspective on the Resale Market
50:19 Avoiding Common Mistakes in LEGO Investing
56:38 The Potential for a LEGO Investment Fund
01:03:23 The Value of Joining a LEGO Investing Community
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
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✅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