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Built by Business: Amazon FBA, E-Commerce, Brand Building

#72 - Should you take on investors to grow your Amazon business?

Built by Business: Amazon FBA, E-Commerce, Brand Building

Andy Isom | Amazon FBA Seller & Agency Founder

Business, Entrepreneurship, Marketing

4.9816 Ratings

🗓️ 18 August 2021

⏱️ 28 minutes

🧾️ Download transcript

Summary

In this episode, we will talk about whether or not you should take on investors for your Amazon brand! 

 

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Transcript

Click on a timestamp to play from that location

0:00.0

You're going to need additional cash or capital to release new skews.

0:06.6

So anytime you're going to release a new variation, a new size, a new product, a new product

0:11.1

line, you're probably going to need to make another investment into your business.

0:17.2

We started our company with $5,000.

0:20.0

So I put in $2,500,. So I put in $2,500.

0:21.5

Our business partners put in $2,500.

0:23.5

And that's how we got our brand off the ground.

0:33.1

What's up, guys?

0:33.9

You're listening to another episode of Selling on Amazon with Andy Isam in this

0:38.6

episode. We're going to talk about investors to grow your Amazon business. Should you take on

0:43.7

investors or should you go another route with using one of Amazon's lending programs, maybe taking

0:50.0

out a small business bank loan. There's other investment companies out there willing to help you

0:54.8

grow your Amazon businesses. We're going to talk about some different options, some pros and cons of

0:59.1

each of those. First, I want to give a couple shoutouts in this episode, P. Dubbs and Henry,

1:05.2

thank you so much for leaving a review on this podcast. I read the reviews down here. If you're listening on Apple, I read the

1:12.5

reviews frequently. Just because I want to see what you guys are thinking of the show, those of

1:17.3

you who are appreciating it and enjoying it, sending those good vibes. It puts a warm smile on my

1:23.0

face, makes me feel good about myself. So thank you guys for hitting that five star down at the bottom

1:27.9

and taking the time to write a review. That really does mean a lot to me. So thank you so much.

1:34.3

Helps keep me motivated to keep putting out free content like this for you guys. So again,

1:39.1

I hope it's beneficial and I hope that you guys are finding success implementing these strategies.

1:44.5

Okay, let's jump into the episode quickly today.

...

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