WARNING! Amazon FBA Beginners Watch Out
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- čas přidán 6. 09. 2020
- WARNING: BEWARE OF IMPERSONATORS PRETENDING TO BE ME IN THE COMMENTS! Friendly reminder that I will not direct you to whatsapp / telegram etc for top secret investment advice. Please ignore these scammers.
😎 ABOUT THIS VIDEO 👇
WARNING. If you’re a beginner to Amazon FBA, this is the one thing you need to watch out for that will make or break you.
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👋 About Myles / Nomad Millionaire 😃
My name is Myles and I'm no different to you. Three years ago I left a dead end engineering job to travel the world and become financially free. I had a few failed starts - but I found Amazon FBA and the rest is history. Since learning how to sell on Amazon I've sold over $6,000,000, built the dream life for myself and helped thousands of people to escape the 9-5 grind for themselves. My dream and life goal is for as many people to reap the rewards of financial freedom that I've been lucky enough to receive. Join me if you want to learn how to sell on Amazon FBA, private label, build an online business and live the best life possible. We all hold the power to change our lives forever - it just takes a start.
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This may be the best and most important video you've ever put out there. Spot on in so many ways. Really well done!
Myles & Adam both of your channels are exceptional, keep up the great work
"Come back when you are ready to FAIL Maybe that's when you will SUCCEED"
Hi Myles! New subbie here and with just one video, I'm hooked. Bingeing on your videos to hopefully guide me when I launch within this year. You are a genuine person and your content is straight to the point. I am a fellow data person so I love your data analysis references and how you use it to guide you with your business. I resonate with what you said in one video where introverts mostly become entrepreneurs because the 9-5 grind and the forced socialisation that comes with it can be burdensome lol. For an introvert, you have the gift of words. It is inspirational. Thanks for all the content.
Man, this stuff is gold! I think it must have been divine intervention it showed up in my feed. I'm definitely experiencing the dip beginning in my journey, fortunately. I knew it was a mental thing and this has helped immensely.
Love these kinds of videos, im trying to start a company in sweden while selling in the US and even though i havent even started selling ive already had so many "mini" problems trying to start the company, but every time i face a problem, its barely even negative anymore, i just remember what you said about the small "dips" and why most people wont even become successful and i almost expect it to be hard but possible as long as i dont give up.
This video hit me at the right time..., thank you Miles🙌🏼
thanks 4 keeping it real dawg. i think ill always refer to this video during my dips
Great vid Myles. The mindset piece you speak about is the most critical element to business success. Even the most technically competent people can fail if they don’t have the right mindset.
Great video Myles. Loved it, especially the anger video clip of the guy smacking everyone LOL. Honestly though, I'm a huge introvert too and wouldn't have thought you were the same. You continue to give me inspiration and hope. Thanks brother.
Man lately you have been making consistent videos. Keep it up.
Thanks for all the info you have shared here in this channel.
Amazing video. I had the realization through mediation of the separation between who we are, the mind, and the body. And yes just as you described all aspects of life become better once you learn to just observe and not react. I'm also learning to speak in front of a camera as it helps you get comfortable and accept your flaws. So I definetly feel you on your personal areas you wish to improve. My biggest set back was buying one of my largest shipments with an almost established product and the manufacturer did the most sloppiest job due to the whole coronavirus issue. At first I was so angry because also my inspection company somehow didn't pick up on this. Over time you start to understand that while your angry you can't think logically so the best thing to do is slowly take steps to improve the situation. I got sooo many negative reviews but I held on. Now almost 4 months later the listing has gone up toa 4.3 star and I'm also branching out to another extremely competitive niche in which I'm succeeding. It always pays to never give up. Especially with things you have control of in life. Those who fail and learn from their mistakes are the ones who succeed in the long run. Those who quit also have a tendency of putting blame on others in order to satisfy the way they view themselves through their ego. Thank you for this video. Makes me feel as if were all going through similar journeys, everyone just internalizes these things which makes you feel as if your the only one going through this.
Watching your videos really makes my mindset POSITIVE. Such a breath of fresh air!
Thanks for the advice man, very true, I've hit many dips myself so far, just take some time off get refresh, and back at it mentally prepper this time💪
I'm currently in the dip...again. I really needed this. Thanks brother!
Thanks Myles, as a person preparing to start of the amazon fba journey its good to know what's about to hit so I can prepare mentally. I love your content and all of your help. Thank you!
Smashed the LIKE button for the algorithm..forever support my man 💪
Yess!!
Watching the first 7 minutes of this and I'm so impressed with his content. This just doesn't apply to Amazon, I can see this principle being applied to other goals in life.
It is a roller coaster. This video is very grounding for me. Saved in 'Favorites"!
Hey Myles,
Just wanted to stop by to say you're doing a great job with the content! Well done.
Good to see you here Ryan 😊 Thanks, and likewise!
Great tips that can be applied to all aspect of life. Thanks Myles! 🙂
This is a beautiful message. Thank you!
I found a good product but have been having a hard time with suppliers. I've felt really low/demotivated about the process since then but didnt really understand why till now. This video was a God send! Thank you!
LOL @ me thinking this was my "dip"
*9 months later: has a mental breakdown trying to figure out marketing*
Thanks for the great content. Very useful advice.
Miles, your contents are always helpful and inspiring. Thank youuu! Keep it up !
thats right. i learned all about fees I even started to anticipate how long a book is gonna sit before i decide to send it in. I sent my first box in last week
Leave me a comment below if you learnt something in this video 👍
WARNING: BEWARE OF IMPERSONATORS PRETENDING TO BE ME IN THE COMMENTS! Friendly reminder that I will not direct you to whatsapp / telegram etc for top secret investment advice. Please ignore these scammers.
Myles can you please list the books you would recommend that has really changed you for better?
Great video, keep up the good work.
@@gursimar1111 Stay tuned for next week's vid :)
Quite good to listen to the talk it's like an "intervention"
I've had conversations on the plane with strangers who were business people and it's a bit like that, 8 hours of good suggestions and learning what to look out for etc..
needed this today:/ amidst a dip
Hope you're on the up now!
Great video Myles thanks a lot
You are one of the most genuine person I have ever come across 🙏
Thank you for this video!!
This video was right now time for me, thanks!
Great information, thanks very much 👍
Speaking my language here man! Great content!
So comforting Myles, just what I need to hear. Woo~
Introvert here too 😊
Great video Myles! Very pertinent to me right now! Any recommendations on good books for inner/mental toughness?
Amazing video!
Just like battling against Depression, its an uphill battle, but i am nearly ready to do this.
Before The Dip - Money Stack Management is Key to maintaining your high EQ (Emotional Quotient) on a daily basis. IMHO
interesting video thank you
Hello Myles!
What are the books that you've been reading lately and more important, impacted you?
Thanks a lot!
This is why I tell all amazon fba sellers to not put all their eggs in one basket and invest some of the profit into other businesses, properties, stock etc. Because once amazon shuts your account down you will be left with a lot of inventory and no income.
Very well said😎👍
Great advice! This is why I’m taking 50% of my profits and investing in properties, so when Amazon shuts my account down I will have properties generating me an income and funding my next business venture
Sounds like Amazon shuts down accounts often.
@@roesystems quite unexpectedly too
Inner game is literally the most important element that will determine ones success not just on Amazon, but in life. Myles, how do we best estimate PPC costs ? Do you have any resources about this?
Wow, you seem like a very interesting person. I love the objectivity you speak of, which is so rare in this impulsive, emotional society. But,,,I guess that’s what we’re capitalizing on also so I love that too hehe 😉
Just getting into Amazon fba
Thanks for the video
Hi just an FYI but the links in your descriptions aren't working. Other than that good video!
Hi Myles, first of all thank you so much for your great content. I tried the link for your Amazon FBA training program but it redirects me to Helium 10. I was wondering whether you still offer such a training program?
Best youtuber around FBA
I wonder why "the deep" may happen, especially if I get lucky and my first product is selling, I would say that this fact will excite anyone and prevent them from getting into "the deep" (there was a movie called that) what's more, If I can see profit, I would take care of NOT start spending money like someone who is already a millionaire. I really don't think I will become complacent. I know this business is not a get rich quick. I am prepare to spend some money this first couple of months. Financially and mentally I am ready. The mentally weak, will always loose. Thank you for another great video
Who are the Amazon highjackers? Would you please elaborate . Thank you
Thank you!
LOL that email I got was very convincing
Had to give this video a watch
I will make sure to tell my assistant who wrote it :D
Hey Miles! Great video once again! A question that has always been on my mind as an amazon seller is how much salary to pay yourself. Me and my business partner are currently turning over around 70k per month average since the beginning of this year with around a 25% profit margin. We currently pay ourselves around 1500 USD each per month but we are not sure when to raise this amount and under which circumstances. We want to grow the business but also want to pay ourselves enough. What is your take on this? Thanks!
Good question
An accountant can better answer this question. I think many variables like where do you want to take your business and how quickly.
Increase it 5% after every 6th month
Is shipping an existing product from china and selling on amazon still a viable buisness model or having new / differentiated products is the way to go and can this still be implemented as a part-time endavour ?
Thanks for all the info!
I am lumbarded with oerage fees even though my ipi score is 522 week 35 and 34 my score was below 500 is that mean till end of the year my storage is limited.
Zen is good :)
Hi every business has its ups and downs I can tell this clearly being in business over 20 years. This moment of being down and several videos in that fashion, could it be the pandemic? I know the feeling... My advice always stay positive.
btw the link for your training goes to Helium10 website.
Does your course work if you live in Canada?
yeah.
Man I love your personality and video ideas but I can't watch 20m+ videos. I'd love to see shorter videos that discuss about one topic.
👍👍👍
Hi Miles, thanks for the wonderful content u share man. Need ur help on a crisis. Amazon is suspending the ad campaigns for my ASIN B08FFSM35P.
I am not able to get it..could you please check the problem with my listing?
Thanks
I wish I saw this a year ago when I opened my online business!! I also wish you were on Wisio because I would definitely prefer personal advice from you more than the peoplpe I currently am able to choose from!