MODULE

1.04 Is Selling on
Amazon for You?

Smaller, independent
brands are more
Selling On Amazon Is As
flexible and quicker
Much A Mental Game As It

M
to adapt than larger
corporations in the
Is A Financial One

O
e-commerce industry

.C
This is not a “field of dreams” or passive income

O
▶ There are rare occasions where entrepreneurs get extremely lucky,
but more often than not, this is going to take real work

D
Don’t be afraid to pull the trigger, even if it means
SO
failing first
▶ “The price of inaction is far greater than the cost of making a mistake”
W

• If you have 20k of starting capital, don’t throw it all into your
first product
ET

• Give yourself room to correct course and keep moving forward

.G

You can start selling on Amazon with as little as a few hundred

dollars or as much as a couple hundred thousand dollars
W
W

A general rule of thumb: More starting capital

= greater likelihood of success
W

Don’t quit your day job just yet!

▶ An Amazon business takes time to gain momentum

▶ You will be reinvesting much of your early profits back into your business

▶ Keep less for yourself now, reap far greater rewards later

1 Is Selling on Amazon for You?

Module 1.4

Problem-Solving And Don’t be afraid to branch out

Persistence Will Take and network
You Far ▶ Amazon seller conventions like Prosper in
Las Vegas
Hope for the best, expect the worst ▶ Join e-commerce seller Facebook groups

M
▶ There will be people that try to imitate your ▶ Surround yourself with like-minded people
product and rip you off

O
- learn from them!

▶ You will run into hurdles with Amazon’s

.C
Terms of Service

O
▶ You will encounter negative product reviews
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▶ You must be able to keep a cool head

D
under pressure No part of this document, including the text, data, graphics, interior
design and cover design, may be reproduced or transmitted in any
SO
form without explicit consent from Freedom Ticket.
It’s going to take more than just a
starting investment to grow your
W

business
ET

▶ To graduate from side hustle to full-time business,

you are going to need to invest more money
in the future
.G

▶ You may be eligible to receive funding through

Helium 10’s financial service, Alta
W

Get ready to wear many hats, but be

W

prepared to delegate tasks

W

▶ Hire VA’s (virtual assistants) or partner with others

to help fill out your weaknesses

▶ Helium 10 has a Trusted Partner Directory to help

sellers find trusted vendors to help with any aspect
of their Amazon business

2 Is Selling on Amazon for You?