People Say They are Making Millions on Amazon - Here's the Real Story (with Eytan Wiener, Pearl Ausch, and Eddie Levine)

Kosher Money

Living Lchaim

Frum, Eli Langer, Management, Jew, Judaism, Religion & Spirituality, Business, Finances, Orthodox, Jewish, Careers

5 • 781 Ratings

🗓️ 31 July 2022

⏱️ 100 minutes

🔗️ Recording | iTunes | RSS

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Summary

So you want to get started on Amazon? Is it too late? Are people still making real money on the platform? What should you know about selling on Amazon?

We brought in a few of the smartest people on the platform to have this conversation.

GUEST INFO

► Eytan Wiener of GETIDA ([email protected]), who also co-founded the Prosper Show, the largest Amazon Seller Show, in 2016 with key industry leaders

► Pearl Ausch of First Choice Shipping ([email protected]), which helps Amazon sellers expand their businesses internationally.

► Eddie Levine of Hub Dub ([email protected]), an eCommerce sales industry and 3PL logistics leader.

Here is the EOS book mentioned: https://amzn.to/3d55Zmf

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Transcript

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0:00.0	I just want to keep with my theme of positivity.
0:02.0	I'm not that anyone's trying to be negative, that it's very hard to be successful in Amazon.
0:06.0	Just like it's very hard to start any business.
0:08.0	I think like the amount of businesses that stay in business after years, like, I don't know, 10, 20%, that means 80% of people fail.
0:14.0	And if you do get into this, you probably will fail many times I have for sure.
0:19.0	Most of these influencers and people online don't talk about the failure, but it's definitely
0:22.9	there.
0:23.3	There's cash flow shows.
0:24.8	There's issues.
0:25.4	There's account suspension.
0:26.4	So it's not easy.
0:27.5	But I don't think any business is easy.
0:29.5	And I think that while there's these challenges, Amazon and online, especially now, I
0:34.9	mean, it's still in its infancy.
0:37.3	So there's competition and all the detractors that we mentioned.
0:40.4	There's so much opportunity.
0:41.7	Like, I've seen people make, we have clients like literally four or five dudes in their basement doing hundreds of millions of revenue on Amazon.
0:47.8	They're making a ton of money.
0:49.5	Hey, and welcome to another episode of Kosher Money.
0:52.4	If you're new here, we try to help Orthodox Jews and
0:56.3	all kinds of Jews and all kinds of non-Jews with their money. And we have an exciting episode today,
1:04.2	the big, wonderful world of Amazon. Can you really make money on Amazon? How does it work?
	...

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