Thread by @KtHUSTLES

I’m 24.

My Amazon business hit $4.7M in sales last year.

Bought my 2 dream cars.

Live in a $8,000/mo penthouse in Miami

Here’s how I went from $3,000 to $300,000+ a month in less than 3 years:

I run a Wholesale business.

I purchase products in bulk from distributors

(where Target buys their products)

So I can get them for cheaper than the retail price

This creates an opportunity on Amazon

For me the flip these products for a profit

Let's break down the numbers ⤵️

I started this business with $3,000

Typically, a wholesale business runs at a 30% profit ROI

$3,000 * 30% = $1,000 profit

That means all I had to do was find products that netted me 30% ROI

And I could profit over $900 on my first order

(then scale in with more $$$)

Finding Distributors (ex. BJ’s B2B)

I don’t hit up every Kohl’s or Walmart in my city to buy stock

I place 1x order w/ a distributor

Google OR Yellow Pages are great places to find distributors

Contact the distributor & negotiate a wholesale deal.

The more units you buy, the bigger the discount

The best is you don’t need a ton of capital to get started.

I've placed orders between $500 - $3,000 many times @ 30% ROI

3) List the product

Once you have your product, open an Amazon Seller account and list your products.

Every time a product is sold, Amazon takes care of shipping & delivery of your product in return for a fee.

For example ⤵️

I used to buy Scrub Daddy sponges for ~$8 per unit

Usually, I purchased 3-4 pallets at a time (1,000 units)

Each one netted me $4.50 in profit

That means I made $4,550 on every order

Safe to say I placed about 2 orders every month

$10,000 every month...

1 Product

To go from $3,000 to $300,000+ per month wasn't easy

I invested 100% of my profits back into my business.

I never spent more than I could afford.

I always purchased products that sold fast & for profit.

Here's what would happen if you started with $3,000 📄

(Amount * 30% ROI) + amount

1st order: $3,000 * 30% = $3,900

2nd order: $3,900 * 30% = $5,070

3rd order: $5,070 * 30% = $6,591

4th order: $6,591 * 30% = $8,568

5th order: $8,568 * 30% = $11,138

Now we get a credit line for $30,000 ⤵️

$30,000 + 11,138 = $41,138

$41,138 * 30% = $53,479

Pay back our $30,000 debt

We would be left over with $24,479

This is exactly what I did...

I compounded my growth over time and added credit lines when I needed to scale

I've been doing this for over 2 years now consistently

Rinsing and repeating this exact 4-step process

There's no reason you can't start a REAL business too

If you want to learn more, check out my page for more.

Want to learn step-by-step how to start & scale an Amazon wholesale operation, place multi 5-figure POs, and profit 10k per month?

Sign up here (@InnerWholesale):
amzwholesalecoachingprogram.com/join-now1