Episode 2: Navigating Amazon FBA Failures and Losses: Losing $45k, The Dark Side of Bulk Books, and More
John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/drewfba/) discuss their experiences with various business failures and losses while selling on Amazon.
They share stories of lost shipments, damaged products, and failed investments. The conversation highlights the importance of due diligence, risk management, and learning from mistakes.
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00:00:00 Introduction
00:01:29 The CD and DVD Disaster
00:10:37 The Patio Heater Debacle
00:13:50 The Stolen Shipment
00:22:31 The Twitter Deal Gone Wrong
00:37:08 The Failed Returns Service
00:57:08 Taking Action and Seeking Help
01:12:08 Dealing with Counterfeit Books
01:23:47 Vetting Information Products
01:26:17 The Value of Reliable Groups
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Instagram: https://www.instagram.com/sidehustleexperiment/
Twitter: https://twitter.com/SideHustleExp
AVOID Price Tanking with The Tank Test Check List (FREE): https://bit.ly/3pgNWQz
Check out Drew's Stuff
Instagram: https://www.instagram.com/drewfba/
Twitter: https://twitter.com/DrewFBA