How Can I Start an E-Commerce Business?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 28 May 2021

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Christy Wright, Anthony ONeal, and Dr. John Delony. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Friday, and this is the Ramsey Call of the Day, part of the Ramsey Network.
0:06.6	Joining me today is Ramsey Personality, Anthony O'Neill.
0:11.1	Alex is in Los Angeles.
0:13.1	Hi, Alex.
0:14.0	Welcome to the Ramsey Show.
0:16.7	Hi, Dave.
0:17.5	It's an honor to talk to you.
0:18.5	I appreciate you taking my call.
0:19.8	Sure.
0:20.2	What's up?
0:21.9	So I'm just looking for some general advice here on starting an e-commerce business,
0:27.5	specifically white labeling products on Amazon. And I'll just give you a little background
0:31.7	of my situation. So I currently run an auto detailing business, but I broke my foot.
0:38.1	And I luckily just finished Baby Step 3.
0:41.1	And this month, I'm able to get by without dipping into my emergency fund and still
0:45.3	having a little bit of money to invest in Amazon.
0:47.8	And I'm allocating exactly $1,000 to get this business going.
0:53.0	And I do have good guidance around me. I have some mentors,
0:57.0	therapists, Facebook group. You know, I definitely have good guidance around me. But really,
1:02.9	I'm just wondering if there's any general advice you can lend me to, you know, so I can have my
1:08.3	best chance at succeeding.
1:16.5	So what is it, where did you discover the idea of doing this?
	...

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