The thought “I should start my own business” usually comes from some combination of wanting more money, wanting more control of your time, and a feeling that regular job opportunities just aren’t going to cut it.
Some people are lucky and know exactly what they want to do. Since you are here reading this, I’ll assume you are in the majority of people who are not this lucky.
While selling things online probably isn’t what you dreamed of as a little kid, there are a lot of benefits that make it worth considering – especially if other ideas seem out of reach or too expensive.
If you are on the fence, here are a few things worth keeping in mind…
Something Tim Ferriss said in the 4 Hour Work Week always comes to mind when I talk about this stuff…
“I will take as a given that, for most people, somewhere between six and seven billion of them, the perfect job is the one that takes the least time. The vast majority of people will never find a job that can be an unending source of fulfillment, so that is not the goal here; to free time and automate income is.”
It’s with this quote and the six points above in mind that I strongly recommend you consider online retail if your goal is to free time and automate income but find yourself unsure of how to take action.
If you decide that it’s worth pursuing, the next thing I’ll recommend is to consider enrolling in our Best Sellers Lab. It will help you start, profit, and scale while avoiding all the risk, debt, and stress that normally comes with starting a business.
We’ve completely redesigned this group to offer more value than ever before, and the official “relaunch” will be January 1, 2021.
Keep reading to learn more about what members will get, and to get the details on a special Black Friday offer if you want to take action early.
The Best Sellers Lab is a monthly membership program designed to help you with all aspects of starting and scaling a successful online retail business.
It focuses on the beginning steps of what we call the Stairway to 7 Figures.
We recommend following this model as it greatly reduces the debt and risk required to start.
Flipping and arbitrage involve sourcing existing products locally, then selling them online for a profit. This means buying at local sales and stores, then selling on Amazon, eBay, Facebook, and other marketplaces.
These sourcing methods allow you to start earning a profit immediately with no debt.
As you gain money and experience, you can take the steps to scale, systematize, and add higher level strategies.
If you have never sold online before (or want a reboot), it all starts with our Arbitrage Accelerator Challenge.
This Challenge is designed to greatly simplify the process of getting your first sales. Instead of dumping everything on you at once, we focus on exactly what you need to know and do to get started.
You’ll work through a series of lessons that will guide you through the entire process en route to getting your first sales. Successfully completing the Challenge means selling $250 or more in your first 30 days.
As you work through the Challenge, you will have access to our community group and group coaching calls to get answers to any questions you may have based on your experience.
These calls will be part Q&A, part ongoing training designed to help you scale faster. Starting in January, we’ll be increasing the frequency of these calls to once every week to provide you with even more access.
One big focus of the calls will be preparing you for wholesale.
To help you maximize your profits, my business will provide you with 100+ retail arbitrage leads every month. All product leads we provide are found in commonly available retail stores and match the sourcing guidelines we use in my own business.
When you are ready, you will also have access to our How to Make $1000+ Per Month On Amazon and Flipping For Profit courses to help you continue your success and scale your business.
All of this is available to you for less than $100 a month. The leads are worth more than this alone. We have had people earn more profit on a single lead we provided than it would cost to enroll in an entire year of this group.
Our Arbitrage Accelerator Challenge will help you sell at least $250 in your first 30 days. The majority of participants are successful – and some far exceed the goal!
More people than ever are selling online.
That may seem like a bad thing for a new seller, but right now is a really good time to be in online retail whether you are brand new or scaling a 7+ figure business.
World events have pushed consumer buying habits towards the internet, and that means sales have been up for nearly every marketplace.
This trend of increasing sales is likely to continue over the next 5 to 10 years.
Arbitrage and flipping strategies work for small sellers because they take advantage of inefficiencies in global supply chains and marketplaces. There is no sign of these opportunities drying up.
Consider this – we’re consistently selling over 7+ figures a year using the exact strategies that you’ll be learning. We’re providing 100+ leads of specific products in specific stores every month.
This is far from a dried up opportunity. All signs point to huge opportunities in 2021 and beyond.
Unlike most business ideas, you don’t need to start with a lot of money and experience to follow the playbook we recommend.
The average small business requires about $30,000 to start. Even lean, home-based businesses require several thousand.
Trying to jump straight in to private label strategies will cost several thousand as well, and it carries a much higher risk and a lot more work to get the brand started.
By following our recommendation to start with arbitrage-based strategies and then work your way up to wholesale and private label strategies, you can get started with a few hundred dollars or less and earn a healthy profit from the very beginning.
And if you are brand new to selling online, our Arbitrage Accelerator Challenge will show you exactly how to find products, get them listed for sale, and earn a profit.
If you understand how to go to a store and buy something, you can make this work.
This is not a get-rich-quick strategy.
It will require the investment of your time. This is true of any real business opportunity.
Time requirements will be highest in the beginning as you learn and implement new strategies. Over time, you’ll be able to add strategies with greater leverage and develop systems and hire other people to work for you.
This is one of the big benefits of online retail. Over time, the ability to automate the business and free your time is higher than almost all other opportunities.
Consider this – my business sells over 7 figures in products sourced via retail arbitrage every year, but I’m only in stores for a few days a year. Usually these are just to train new team members.
Another good thing about the approach we recommend is that you can start with whatever time you currently have available.
To be clear, your total earnings will be partially dependent on how much time you invest in the beginning, but even a few hours a week is enough to get started and earn a profit.
Most courses focus primarily on providing you with information.
While information is a necessary component of success, it’s only part of the equation. How you use and implement the information is of equal or greater importance.
That’s why we’ve put an emphasis on giving you clear models of what creating a successful online retail business looks like. Instead of just dumping information on you, we walk you through each step along your way to success.
When you are a beginner, you can follow our Arbitrage Accelerator Challenge to focus on exactly what you need to do to get your first sales without getting bogged down in details that are only relevant when you are already selling a consistent volume each month.
At any stage in your business’s growth, you can check in with the group and on our weekly calls to make sure you are focused on what will actually drive results in your business.
Start with our Arbitrage Accelerator Challenge to get $250+ in sales in your first 30 days. Follow it up with How to Make $1000+ Per Month Selling On Amazon.
If there’s one thing I’d like to help you with more than anything else, it’s gaining greater freedom over your time and location.
I built my Amazon business from scratch. Like many people who turn to Amazon, I was stuck in a traditional job and needed a way out.
Arbitrage was my ticket.
I had no idea how far it would take me. Back then, all I knew was that I was generating a profit on my own terms and it seemed worth exploring.
I’ve been full time for the better part of a decade now, and I can easily say pursuing this business was one of the best decisions I ever made.
I make more money than I ever could have in my career, and I’m in full control of my time. For the last two years, I’ve even been able to take extended vacations with my fiancée to travel the world!
If that sounds similar to your idea of success, the Best Sellers Lab is a model you’ll benefit from following!
You pay $149 for your first month, then $99/m.
This is not a partial course on arbitrage where we just tell you the basics of how to scan items in stores and get them listed on Amazon.
There’s a lot more that goes into the success we’ve achieved – sourcing guidelines, advanced profitability calculations, inventory management, etc…
We cover it all.
And if you manage to find something we missed or didn’t cover well enough, just let us know and we’ll fix that.