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

<p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><ul><li>06:40 - Who benefits and doesn’t benefit from selling on Amazon?</li><li>10:01 - The first step to take if you want to be a seller on Amazon.</li><li>13:02 - What types of products should you avoid selling online?</li><li>15:40 - Unique strategies for finding high-profit, low-competition, “hidden-gem” products.</li><li>23:57 - Opportunities that exist when it comes to selling used products online.</li><li>31:38 - How to source products without any manufacturing or supply chain experience.</li><li>43:49 - What common misconceptions exist around being an Amazon seller.</li><li>46:56 - What the success rate for Amazon sellers is.</li><li>And much, much more!</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>EPISODE RESOURCES</strong></p><ul><li>Robert and Clay’s tool for picking stock winners and managing our portfolios: <a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer" target="_blank"><strong>TIP Finance</strong></a>.</li><li>Get a <a href="https://www.amazon.com/Audible-Free-Trial-Digital-Membership/dp/B00NB86OYE/?&amp;_encoding=UTF8&amp;tag=millenniali0e-20&amp;linkCode=ur2&amp;linkId=1c34937c3747cd4044bdc87a7823c82f&amp;camp=1789&amp;creative=9325" rel="noopener noreferrer" target="_blank"><strong>FREE audiobook from Audible</strong></a>.</li><li>The Shark’s book <a href="https://www.amazon.com/dp/B01DJX59P0?_encoding=UTF8&amp;btkr=1&amp;linkCode=ll1&amp;tag=millenniali0e-20&amp;linkId=823fa960fb098695240ae4f8189d4f25&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>Shark Tank Jump Start Your Business</strong></a>.</li><li>Mike Michalowicz’s book <a href="https://www.amazon.com/dp/B01HCGYTH4?_encoding=UTF8&amp;btkr=1&amp;linkCode=ll1&amp;tag=millenniali0e-20&amp;linkId=d634ac94d409a9b659287050ed8ce121&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>Profit First</str