d0ornokey

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Everything posted by d0ornokey

  1. you can sell on any market from any country Popular ones are Germany, UK, USA India is on a super upward trend Small markets have less demand (but accompanied by less competition) USA has insanely high demand, but it also has most of the competition You can win in either market. I sell in USA but I'm intruiged by other markets because e-commerce still has a lot of room to grow there in those countries. Not to say there isn't a lot of room to grow in the usa though Amazon forwards the money you earn from each sale to your bank account
  2. yeah. you can do it with less, youll just go out of stock quickly because of lack of inventory and it hurts your ranking when you are out of stock and might be a tad bit more expensive. but doable for sure if you research well
  3. What are your top 10 values and perhaps a short description of what they mean to you This can be seen as an exercise as well
  4. @InfinitePotential oh my god lol... "curiosity killed the cat" I never understood that quote before but I do now hahaha
  5. I think it's wrong if you're not stable enough to have them but those people don't know any better so
  6. Much love, I know it gets better. Leo mentions neurofeedback treatment in his 40 self actualization tactics video. That treatment alone changed my life, I highly recommend it. Good luck
  7. Yeah, the way to get around that is by building a brand. Brands build emotional connections to the buyer and they will buy from you, because they specifically love you. So you would change platforms to shopify, walmart or whatever took over if amazon dies (which doesn't look like it for a while as it's rapidly expanding). But you should definitely diversify platforms regardless For example, if Leo changed platforms, you wouldn't care because you love Leo and still buy his product You should also be getting external marketing done to offset any hits to Amazon: (instagram ads, instragram influencer marketing, fb ads, fb content marketing, youtube ads, youtube content marketing, google SEO). You don't need them all. Popular ones are instagram and facebook marketing. The type of marketing also depends on the kind of product you choose but not that much. But again, Amazon is in a rapid expansion phase, more than almost 100k jobs in 2017 and every year the company's quarterly earnings go up 30% I'm happy to answer more questions I love this topic
  8. you need like $5000 imo You can play the game risk free you can test and validate your idea for 500 and then if your product for some reason doesnt sell, you could bring the price to break even to offset loss it's a decently capital intensive model Shopify I heard is less, but I have no experience in it Thats how i would do it Edit: I don't know too much about Udemy courses, never got one of those. Jungle scout has a series called millionaire case study on youtube. Which is essentially a course, they explain all the parts of running an Amazon business. It's quite long though, around 20 hours. But 100% worth it. They did the case study twice so you got all the content you need. it's great for confidence too. I know it feels scary and shit, I went through the same exact feelings, but I can promise you this shit is legit, it's just time and effort Ways to de-risk yourself: -Get product, market and business model validated by a coach, and other sellers/entrepreneurs in a similar space -Validate your product idea by testing with little inventory (minimum viable product strategy) -Make sure that you have thick margins so that if it does fail for some reason, you bring the price down to break-even (so if your costs were $15 and intended to sell for $25, bring price to $15 and nearly any product sells when it's deeply cheaper than the competition)
  9. Yes, my main income is from amazon fba. It's a very viable source of income. Yes the market is pretty saturated. But yes, you can always find opportunity. Opportunity is still fucking massive "An entrepreneur is somebody that finds a way" - Gary Vee I've taken like 8 courses and the ones I recommend are: Freedomfastlane's course Sophie howard's course Thatlifestyleninja's course Each of these courses has their own strengths and weaknesses. They are also expensive though. If I had to pick one, it would def be the freedomfastlane's course. You can pull a refund on it after you take the course if you want. It's great because it goes over good business fundamentals, teaches you how to not be like everyone else and be unique, and connects you with other sellers. But the connecting with sellers you can just get yourself through facebook groups. My favorite FBA youtube channels (thick with free info. You can get everything you need from these guys. Just takes longer without the course.) Everymansempire Asteroidaim Sellerstradecraft Tom Wang Jungle scout (for beginners. but good fundamentals) Scott voelker (for beginners. but good fundamentals) Hurricaneliz I would honestly go to Amazon FBA FB groups and learn from people there. There are a lot of successful sellers that would be happy to help. Many sellers do coaching in their free time so you can get an hour of someone's time for $100. May be a lot, but I did one of these calls when I first started and it was amazing help. Key skills you need to learn: - How do to product research (running the numbers on the viability of your market) - Figuring out all costs involved - How to do market research - How to communicate with suppliers - How to differentiate yourself - How to market your product and on what sales channels (many forms of marketing) - How to brand yourself - How to communicate with your customer some mistakes to avoid: Not differentiating Not branding Not planning out costs Getting fucked by prices by suppliers Not running an inspection on your inventory before it's shipped Not planning your steps and taking short cuts Not learning from other sellers Being dogmatic in a business philosophy Not having long-term vision Staying on Amazon Running a purely amazon business and not learning business fundamentals
  10. @Source_Mystic I totally agree with you. the other day i was outside. it was weird it was a normal day 75 degrees F but i started experiencing massive amounts of pain in my legs. like it was this huge pressure. it was extremely uncomfortable and i wanted it to stop, but it didnt go away. my back started to ache a bit too, my nose was running, i was feeling shortness of breath, and in all honesty i thought i would pass out. i looked online and these are similar characteristics to someone who has seizures! i thought maybe this was a symptom of my shamanic breathing the other day. so I called up my doctor. he said, "d0ornokey, these are actually symptoms that occur when youre doing intense exercise, is that what you were doing?". "yes, dr., yes I was". hahaha moral: uncomfortable symptoms =/= bad. (this story did not actually happen) you might experience fear, insecurity, and many other negative emotions when running a business. but are those necessarily bad things? no. they actually make you more emotionally mature, if you allow it to. however, if you are expericning those same emotions but are being abused by another person, then yes, those same negative emotions are bad!
  11. I think this would be a good thread for the best of.
  12. action as in actually doing the practices and integrating personal development into your life
  13. test it. I thought I needed over 10 hours but once I was only able to sleep 7 hours and I felt completely fine after that. now i sleep less than 8
  14. can you share that website
  15. i hve a question about consciousness. if your understanding in a topic gets deeper, does that mean your consciousness in that area increased? because "your degree of accurate perception" has increased.
  16. this is HOCD. check up the definition on google
  17. Sounds like OCD Solution is to surrender to the fear Watch Leo's video on how to deal with strong negative emotions
  18. "it's not that some people are lucky, have good genetics or a good childhood. it's simply about how you use your mind and think about things" -Leo