From Selling A Billion Dollars Before The Age 18 to Building An Amazon Business Online Empire | Shaahin Cheyene
Millionaire Mindcast
Matt Aitchison
4.4 • 716 Ratings
🗓️ 17 June 2024
⏱️ 37 minutes
🧾️ Download transcript
Summary
Episode Description: In this fascinating episode, host Matty A is joined by Shaahin Cheyene, a renowned entrepreneur and wealth creator. Shaahin shares his incredible journey from creating a billion-dollar herbal supplement empire as a teenager to becoming a leading expert in the Amazon e-commerce space. They dive into the secrets of building sustainable wealth, the importance of risk-taking, and how to leverage Amazon to create recurring revenue streams. This episode is packed with valuable insights for anyone looking to enhance their financial future.
Episode Highlights:
0:00 - 5:00 | Introduction and Personal Updates
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Matty A introduces Shaahin Cheyene, a fellow Californian and successful entrepreneur.
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Discussing the allure and challenges of living in California.
5:00 - 15:00 | Shaahin's Early Journey
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Shaahin shares his background, moving from Iran to the U.S. during the 1970s.
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His early ventures into the electronic music scene and the creation of herbal ecstasy.
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The rise of his billion-dollar herbal supplement company and the challenges he faced.
15:00 - 25:00 | Lessons in Wealth Creation
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The importance of decision-making and intelligent risk-taking.
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How to balance comfort and risk as you grow older.
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Creating multiple pillars of wealth: real estate, cash income, e-commerce, and market investments.
25:00 - 35:00 | E-commerce and Amazon Success
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Shaahin’s initial discovery of the Amazon platform and his subsequent success.
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The power of private labeling and creating unique products.
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The significance of owning your product and planning for an exit strategy.
35:00 - 45:00 | Practical Strategies for Amazon Success
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Why dropshipping might not be the best long-term strategy.
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The benefits of creating value and improving existing products.
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Understanding the psychology of Amazon buyers and leveraging it for success.
45:00 - End | Getting Connected and Additional Resources
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How listeners can get Shaahin’s Amazon course for free.
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Information on Shaahin’s podcast booking agency, Podcast Cola.
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Details about Shaahin’s book, “Billion: How I Became King of the Thrill Pill Cult.”
Resources Mentioned:
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Amazon Mastery Course: Email Shaahin at [email protected] with the subject line "Millionaire Mindcast" to get the course for free.
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Podcast Cola: For getting booked on top podcasts, visit Podcast Cola.
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Shaahin’s Book: “Billion: How I Became King of the Thrill Pill Cult” is available on Amazon and Audible.
Connect with Shaahin:
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Email: [email protected] (Mention "Millionaire Mindcast" for the free course)
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Podcast Cola: Podcast Cola
Don’t Miss Out: Stay tuned for more inspiring stories and wealth-building strategies in future episodes. Keep investing in yourself and your wealth on your march to a million and beyond. Cheers!
Episode Sponsored By:
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Transcript
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| 0:00.0 | What's going on, guys? Welcome into today's show. We got a great guest in Shaheen, Cheyenne. He has an amazing story, first off, creating a billion dollars in revenue before the age of 18, which you'll hear |
| 0:23.1 | a little bit more about that story and that journey, has had many successful business exits, |
| 0:27.8 | just a really through and through entrepreneur. And so some great nuggets shared about |
| 0:34.4 | his insights and experiences as an entrepreneur and his journey and |
| 0:38.8 | how he has really transformed and evolved through different business endeavors over the years. |
| 0:43.8 | Specifically, his early investment into Amazon and the opportunity he saw on that platform. |
| 0:52.1 | And I'm not talking about drop shipping. This is somebody who |
| 0:54.9 | creates products and sells them on Amazon and has really become an expert and helped many |
| 1:00.9 | people become millionaires through this particular strategy. So it was very interesting to get his |
| 1:05.7 | insights on that endeavor, that business model. And if you're somebody that is interested in making money online, |
| 1:13.8 | building a business online, this is going to be a great episode for you to listen to. |
| 1:18.4 | So without further ado, let's dig into today's episode with Shaheen Shan. |
| 1:23.0 | Let's take a quick break in here from today's show sponsor. |
| 1:28.4 | If you got into real estate to build wealth and gain financial freedom, but unlike most |
| 1:32.5 | investors, you're just stuck in the grind. |
| 1:34.6 | Maybe you're wholesaling or flipping houses, you're managing rentals that are barely cash flowing. |
| 1:38.9 | Then listen up. |
| 1:39.4 | I've been there. |
| 1:40.4 | Burnt out, stressed out, you name it, right? |
| 1:42.2 | Realizing that single family and scaling single |
| 1:45.2 | family real estate, it's slow. It's exhausting and oftentimes it just doesn't move the needle |
| 1:50.4 | financially in the way that you want it to. But the good news is there is a much smarter way, |
... |
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