4.8 • 793 Ratings
🗓️ 2 August 2018
⏱️ 40 minutes
🧾️ Download transcript
I run a mastermind called The Backroom...
And at our meetings, each member shares some of their best ideas that are working right now.
So a couple of our members, Dylan and Dan, get up and sorta waltz on stage like they don't have a care in the world...
And Dylan grabs the mic and speaks with his adorable, disarming Kentucky drawl...
And over the next thirty minutes or so, he outlines how he is making millions on Amazon without doing, like, any work.
In fact, what he does is so stupidly simple and obvious that I asked my mastermind members if anybody wanted to start doing it.
In my estimation, it could be scaled to $100k per month in about a year, maybe less time if someone was really dedicated to it...
So there I was... sitting in my own mastermind, thinking about starting an entirely new business...
It was that good.
"We've sold about $15m on Amazon doing this one thing in the last few years," he said off-hand.
"That's on top of our normal sales, of course. We didn't need any reviews or anything like that."
Hang on, what?
ON TOP OF NORMAL SALES?
Like... you can run OTHER businesses or a full time job while also doing this?
Yeah.
He doesn't get reviews.
He doesn't source products.
He doesn't even deal with competition.
That's what caught my attention.
So I had to have him on the podcast to go into more detail.
Click on a timestamp to play from that location
0:00.0 | Bum-da-dum-da-dum-d-d-dum-bub-d-bum-bub-da. |
0:03.7 | Oh, hey, Fast Slanders. |
0:04.8 | I don't have my fancy music today because I called a buddy and said, |
0:09.2 | hey, could you hop on a podcast like right now? |
0:12.8 | Because something has my attention. |
0:14.6 | I'm really interested in this. |
0:15.9 | I sent on an email to my email list in the last couple days where I was talking about the story |
0:25.0 | where basically my buddy, one of my backroom members, Dylan, who is from Kentucky. I lovingly call |
0:31.7 | him Kentucky Dylan. He's sharing in the backroom, a business model that he runs that basically is really high profit |
0:42.1 | margins with really solid cash flow where he works like a couple hours a week and he doesn't |
0:49.6 | have to get reviews and he doesn't source any products and he doesn't have to worry a whole lot about keyword |
0:56.8 | rankings he basically doesn't have to do any of the work that I'm used to doing now it takes a lot |
1:03.8 | for me to get interested in a new business model right like I have a few things going on but I'm |
1:09.3 | sitting here going I have no reason not to do this I have no reason not to do this I have a few things going on, but I'm sitting here going, I have no reason not to do this. |
1:13.7 | I have no reason not to go down this route. |
1:16.7 | Now, herein lies a problem because I'm putting together an investment fund and I have a portfolio of brands and I'm building a media company. |
1:27.3 | I don't have time for another side hustle, |
1:30.9 | but I so miss the idea of those high cash flow businesses that, you know, just, you know, |
1:39.1 | can make tens of thousands of dollars a month if they're done right and are well funded. |
1:43.1 | So I just had the idea, |
1:45.0 | maybe I should bring Dylan on, ask him about this business model. I'll float it to the Fastlane |
1:50.4 | community. And if somebody's like, that is so me, I'm so going to do this, I would consider |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Capitalism.com, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Capitalism.com and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.