meta_pixel
Tapesearch Logo
Log in
The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: Building a Business on Amazon w/ Stephen Somers

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Business, Investing

4.6593 Ratings

🗓️ 17 June 2022

⏱️ 54 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 06:40 - Who benefits and doesn’t benefit from selling on Amazon? 10:01 - The first step to take if you want to be a seller on Amazon. 13:02 - What types of products should you avoid selling online? 15:40 - Unique strategies for finding high-profit, low-competition, “hidden-gem” products. 23:57 - Opportunities that exist when it comes to selling used products online. 31:38 - How to source products without any manufacturing or supply chain experience. 43:49 - What common misconceptions exist around being an Amazon seller. 46:56 - What the success rate for Amazon sellers is. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance. Get a FREE audiobook from Audible. The Shark’s book Shark Tank Jump Start Your Business. Mike Michalowicz’s book Profit First. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Read this episode’s transcript and full show notes on our website. Connect with Stephen: Website | Facebook | LinkedIn | Instagram Connect with Robert: Website | Instagram | Twitter HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.9

On today's show, we continue to revisit some of my favorite podcast from the past in this

0:08.4

millennial investing rewind.

0:10.2

If you've missed our previous rewind episodes, we've started to reshare some older episodes

0:15.7

that are my favorites for a few reasons.

0:18.7

One, we get a bunch of new listeners each week, so the new listeners may not have heard

0:23.1

this episode before.

0:24.7

Two, even if you've been listening for a while, you may have missed this episode when

0:29.2

it originally came out.

0:30.9

Or three, even if you've heard it before, it can be a great episode to learn from again.

0:36.4

If you've already heard this episode or you're not interested in hearing it, feel free to just skip it.

0:40.7

There's no harm in that, and you can pick up with our new episodes next week.

0:44.9

All right, guys, that's all I had for you for this new intro.

0:48.2

Everything going forward is going to be from the original show.

0:51.3

Hope you guys enjoy it.

0:55.9

On today's show, I chat with Steven Summers about how to build a successful online

1:01.0

business. After quitting his soul-crushing job, he found a mentor and business partner

1:06.3

and went on to generate millions of dollars in revenue via online marketplaces.

1:11.2

Stephen is now a serial entrepreneur, CEO, and co-founder of Marketplace Superheroes,

1:16.2

an eight-figure online education and services business that teaches people how to start and grow

1:21.1

an online business selling simple, branded products globally on Amazon.

1:26.4

When I've searched for the topics I talk with

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Investor's Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Investor's Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.