Meet The 21 Year Old Amazon FBA Entrepreneur Making $1,000,000 Per Year | CEOCAST EP. 88
In the world of entrepreneurship, success knows no age limit. This has been proven by the inspiring story of a 21-year-old Amazon FBA entrepreneur who is making a staggering $1,000,000 per year.
In a recent interview on CEOCAST EP. 88, this young entrepreneur shared his journey of starting and growing his Amazon FBA business. Amazon FBA, which stands for Fulfillment by Amazon, is a service provided by the e-commerce giant where sellers can store their products in Amazon’s fulfillment centers and Amazon takes care of the shipping, customer service, and returns.
The entrepreneur, who preferred to remain anonymous, revealed that he started his Amazon FBA business when he was just 19 years old. He was a college student at the time and was looking for a way to make some extra money. After some research, he stumbled upon the concept of Amazon FBA and decided to give it a try.
“I started with just a few products that I sourced from wholesalers. I was handling everything from product research, to sourcing, to creating listings on Amazon. It was a lot of work, especially while studying for my college classes, but I was determined to make it work,” he said.
His hard work paid off when he started seeing consistent sales and positive reviews for his products. As his business grew, he was able to reinvest his profits into expanding his product line and improving his marketing strategies.
Today, at just 21 years old, he has a multi-million dollar Amazon FBA business that continues to grow at a rapid pace. He now has a team that helps him with product research, sourcing, and marketing, allowing him to focus on scaling the business even further.
When asked about the key to his success, the young entrepreneur emphasized the importance of continuous learning and adaptability. “The e-commerce landscape is constantly evolving, and you have to be willing to adapt to changes and learn new strategies. I make it a point to stay updated with the latest trends and tactics in the industry,” he added.
His story serves as an inspiration to aspiring entrepreneurs, proving that with determination, hard work, and a willingness to learn, success is possible no matter how young or inexperienced one may be.
The interview concluded with the young entrepreneur sharing his plans for the future, which include expanding into other e-commerce platforms and possibly launching his own brand. “I’m just getting started. There’s so much potential in the e-commerce industry, and I’m excited to see where this journey takes me,” he said.
The success story of this 21-year-old Amazon FBA entrepreneur is a reminder that age is just a number when it comes to achieving success in the world of business. With the right mindset and a relentless drive to succeed, anything is possible.
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I don't know about you, but I am CERTAINLY starting Amazon FBA on the side! – LIKE this comment if you want me to make a video on it and have Jake teach me!
technology is great
Become so successful that people don’t believe that you started so small!
I do not understand why people don't wanna tell their revenue. I've made $320k Revenue since I started 14 months ago.
9:30
Does this class take a % of the sales. Some courses do.
He's doing so well, he's decided to teach now….
No one did the fuckinnn math, u all
Did you ask in the video how much profit in the $1M minus cost of goods, marketing etc?
Edit: Timestamp 19:00 + Answer: multiple 6 figures profit
1m isn't the "king," would consider that entry level per yr. I know some people doing that every few days
One key to this is this: “Cashflow is King” make sure you have a cash float guys and girls, before embarking, have 100x the value of the initial product and holding fees plus taxes, to ensure you can buffer returns, bank holds, and amazons fees.
What a boy
I will forever be indebted to you, you’ve changed my whole life, I’ll continue to preach about your name for the world to hear. You’ve saved me from a huge financial debt with just little investment, thank you so much Mrs. DonnaElizabeth
stop to move your legs spin my off
Question, I noticed Jake made a comment about the UK versus the US Amazon market. If I’m in the US, would the seller circle still benefit me?
Has he not got a surname?
I know I am being rude to the host here but man this is such a dumb question to ask. “How much money can be made on it being a part timer”. My answer would be ZERO! If you are asking such a question then you are not serious about business or you don’t have understanding about businesses on Amazon or elsewhere. Business cannot be just part time or else it will fail. I think you getting the wrong idea from your guest, it isn’t easy. Especially in 2022. If you want to make part time then you can go and work at McDonald’s part time. Amazon requires serious effort , cash flow and luck.
Humble dude
Great episode
One thing i don't hear from those doing Amazon FBA, when they started did start from fulfilling the orders themselves or did they start by sending it off to Amazon to fulfil, and also there's like two subscriptions; one that's £25 and one that's over £30.. Would be great to know what to do as a beginner. If you can help that would be awesome
Did i miss it or did he forget to mention tue amazon labelling service. So you dnt need to store pallets and label urself. Or you get ur supplier to do it and send directly to amazon
Every dollar of revenue you sell on Amazon, Bezos gets 15% and every dollar of profit you make your government takes 35-45%.
Great to be Bezos, great to be an amazon customer, sucks to be a seller lol.
So when he puts a lead out you'd get 1000 people all running off to tesco for the same product. I'm all for helping people but Amazon is already saturated we don't need more sellers
His company financials definitely do not reflect what he's saying
I'm into Amazon Fba for 2 years now and I can relate to this guy's talk. I've some clients who're doing more than M$ a year and I'd say Amazon Fba is definitely a business that can make your fortune but it doesn't come the easy way. You have to have a lot of patience along with enough cash flow and great strategies.
Anybody believing this garbage deserves to be poor
Does Raheem not listen to what these people say. He clearly said he has made the lower end of 6 figures and had a revenue of 7 yet Raheem is saying he’s made 7
Any1 who sells courses ain’t making £
Eveyone coming out that they did good on Amazon after the pandemic. No shit eveyone was locked in buying on Amazon not going out to regular stores
Amazon FBA is the most accessible side hustle that anyone can jump into. You can literally resell anything and make money. Of course, you need to know what you're doing first, but groups can help you.