The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: Building a Business on Amazon w/ Stephen Somers

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IN THIS EPISODE, YOU’LL LEARN:

  • 06:40 - Who benefits and doesn’t benefit from selling on Amazon?
  • 10:01 - The first step to take if you want to be a seller on Amazon.
  • 13:02 - What types of products should you avoid selling online?
  • 15:40 - Unique strategies for finding high-profit, low-competition, “hidden-gem” products.
  • 23:57 - Opportunities that exist when it comes to selling used products online.
  • 31:38 - How to source products without any manufacturing or supply chain experience.
  • 43:49 - What common misconceptions exist around being an Amazon seller.
  • 46:56 - What the success rate for Amazon sellers is.
  • And much, much more!


    • *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.


    BOOKS AND RESOURCES

    • Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
    • Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance.
    • Get a FREE audiobook from Audible.
    • The Shark’s book Shark Tank Jump Start Your Business.
    • Mike Michalowicz’s book Profit First.


      • SPONSORS

      Support our free podcast by supporting our sponsors:

      • ⁠CFI Education⁠
      • ⁠Airbnb⁠


        • Read this episode’s transcript and full show notes on our website.

        Connect with Stephen: Website | Facebook | LinkedIn | Instagram

        Connect with Robert: Website | Instagram | Twitter


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        The Intrinsic Value Podcast - The Investor’s Podcast NetworkBy The Investor's Podcast Network
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