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Radical Personal Finance

342-How to Make a Fortune (or Build a Lifestyle Business) Selling Stuff on Amazon: Interview with Brad DeGraw

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 1 June 2016

⏱️ 48 minutes

🧾️ Download transcript

Summary

I'm always keeping my ears out for interesting ways to earn a living--or a side income. And today, I've got exactly that for you.

My guest today is Brad DeGraw. Brad is an expert at selling stuff through Amazon.

He claims to have started with $100 and a WiFi connection and to have turned it into over $1,000,000 in sales to date.

Enjoy the interview!

Joshua

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Radical Personal Finance, the show dedicated to providing you with the knowledge, skills,

0:06.1

insight, and encouragement you need to live a rich and meaningful life now while building

0:11.4

a plan for financial freedom in 10 years or less.

0:14.6

One of the obvious aspects of financial freedom is interesting ways to earn your income,

0:19.4

ideally in the best way possible as suits your lifestyle.

0:23.6

And so my guest today is Brad DeGraw.

0:25.6

Brad is here to teach us a little bit about what he's doing.

0:27.7

Brad, introduce yourself and share with us a little bit about your story.

0:31.3

Thanks.

0:32.0

I'm Brad DeGraw.

0:33.0

I am a big fan of Amazon.

0:35.0

In fact, I'm an Amazon nerd.

0:37.0

I started with $100 in a Wi-Fi connection four years ago.

0:41.0

And through that time, I've been able to build a brand that sells seven

0:45.4

figures a year. So you're going to have to expand that because most of us think of

0:49.7

Amazon as the corporate as the corporate company that we're just actually buying from but

0:55.1

Amazon is much more than that it's a trading platform right? Yeah exactly it's a

0:58.9

third-party platform where people like you me your audience members, can go there and sell products.

1:06.0

So third party products, you can create your own brand, you could even resell existing products that

1:11.0

you could find, you know, laying around the house or in the

1:14.6

stores. What got you turned on to the idea? You know, I got fired too many times.

1:19.5

All good things come out of a firing, right? Yeah, I got fired way too many times and it just, my brain was fried and I picked up a book that put out the idea that you could buy arbitrage. Basically you could buy could buy arbitrage.

...

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