Category: Amazon FBA

I wanted to film the process of pricing. So I made you a nice, lovely video, but my phone did not record the sound. So my voiceover, So go to your Amazon account, your Amazon seller, Right? Once you’re at your Amazon seller, Click this little button right here, the camera

Scan it

Sometimes with the scanner, you have to scan the picture And usually look for the one that has the best sales, right? The lowest ranking and the most reviews. So this book right here use, I make $3 and 90 cents, Amazon selling at $10 and 89 cents. So any which way you look at it, there’s a decent little profit margin. About $3 anywhere you cut it. Well, $4 usually round down. So then once you do that, you push the button that says list right down in the corner. I’m sorry.

You select a condition.

You go down and you type the price. Oh, well that’s crazy. You got sound for the buttons were not my voice sound. That’s crazy. So with this one, like, okay, so you see the sales rank. It’s not a good sales rank. So you clicked the picture and you scroll down, look at the much better sales frame of 23,000, right? It’s the same exact book. Just someone took a better picture. Well, they’re not the hard cover. You got to go for the hard cover right here. But look at that. It’s still a decent little profit. Amazon does not have any, that’s what, that’s what we’re looking at right here. Well, they have one for 1390. We’re still $5 profit. But since there’s only one person that has them, you can kind of pick what price you want and minor new. So the 1547 Always come back after you put the price up there and change the price later. Like I showed you under the management,

But always, you know, just

As a reference, kind of go higher at first. Cause you never know who will buy it at a higher price.

And I also do is I try to give you like different textbooks and things. So this one there’s three brand new ones. And for 1989, which makes $9 and 31 cents, which is a decent, decent profit

Yeah, what I did right there is so that mine would go faster. The other profit was 1989. So if you just drop it, you can drop it just to penny and you’ll become the top Lister, like the low, low, excuse me, low price leader. But sometimes I’m just lazy are like 9 cents, 7 cents. I’m not really worried about it. So I usually just you’ve raised the last little digit and then call it a day. Just seems to work that way as it’s faster.

Yeah,

No. Also look at the fees now this one, look, there’s no right here. There’s no one selling it, but use you lose new, you sell or you gain profit. Cause you have to look at this, the fab fees, right? So obviously when you’re putting a book, you’re not going to put the book to lose money and there’s none of them at Amazon. So that right there, you can kind of price it however you want. And just kind of gauge the market.

These Are actually, I like when, when Amazon doesn’t have it

Oh yeah. What I was talking about and this is some of the prices, right? So sometimes the prices are higher. Sometimes the prices are lower, but really just kind of scan for it. Right. And you got to be kind of tricky. You see, it took me three, four times to find that one particular book, but then once you find it, then like, look, there’s 1155. Amazon doesn’t have any. So obviously you can go for the 1155 now on the spark charts, it says like $4. So you really, you, you get the price, it like use supply and demand. If there’s a decent demand and there’s zero supply, then you can raise your price. Right. It’s just kind of it’s basic supply and demand, basic economics.

All right. Yeah. Well, on here, uh, showed you a couple of examples of inventory books. So remember you put click the little, little camera right here, scan the barcode. If the barcode doesn’t work, then turn it over and scan the actual book. Um, the market is kind of fierce at some times, so, but always kind of go a little higher than lower. Uh, always check the new and the used check. How many Facebook people or excuse me, how many Amazon sellers are out there, how many people are like, what’s your competition? Always try to beat the competition. But when Amazon is the only person that’s selling it right then go right below Amazon right now, if there are no people on Amazon selling it like FBAs, then look at the next best price. And you can like kind of gauge it. If you have more than one copy, kind of like if you, if you have a few copies of something, then you can, you can price it at different prices to kind of find the best price.

Right. Cause you don’t really know, like give an example, one book, uh, uh, I’m on this little computer city. Won’t I can’t show you the actual example, but one example was this. I had, I had some books, they were some, some textbooks I originally sold had it on for like 46 bucks. Right. And it sold. But then I looked and I was the only person on like Amazon selling them. And then that’s lowest price. What? Well, there was a price of like 150 that from a seller that wasn’t was selling with Amazon. So I raised my price up to 140 and I sold six of them. Right. So just by looking and like, yeah, I would’ve sold all six of them for like 40 bucks, but that’s $600 I would have left on the table. Right. So make sure you do your pricing correctly and kind of jiggle over that, you know, play around with it. The better you get your pricing the better. And remember you can always go back and change it. So it’s not set in stone. The price is always is changeable. All right. Okay.

You know, sometimes it takes a little bit of where you remember something and it’s the most important part. It’s almost surprising that we forgot to discuss it. Why didn’t one of you guys tell me, well, how do you get paid? What about being paid? All right. So as you see, it’s seven in the morning, I’ve already sold one book. Last seven days we’re at, and this is just sales 800 and sales. 30 days we’re at seven grand in sales four grand, whatever. Right now my total balance is $1,100 that they got that they can give to me, which is, I mean, this is cool. Cause like I said, I can, if you watch one of my videos I don’t know how many different videos you’ve watched that $1,100 literally pays for another shipment of books. So like that little bit of cash gets to reinvest it in and it’s thousands upon thousands of books.

Right? So let’s, let’s worry about getting paid. So what happens? We go over here, you go into orders. Mind you, Amazon does all of this. I don’t do any of it. So you go, you have your orders, your canceled orders. So these orders are all the ones that have been canceled. It’s not that bad. It’s only four orders, whatever. Then all the orders right here. Remember I was telling you about the Java again. I don’t remember how many different videos you’ve seen and how the worth of something is all about how much you can sell something for. So the market, the ticket price on this, this items like $4. But as you see, I sold it for way more than $4. All right. This other one, I was selling them for 1799. I must’ve lowered the price. I forgot. I’m sorry. Sorry. For 1599.

So what happens is you see how this is pending. The order status is pending, pending, pending payment, complete payment, complete. So Amazon, so on payment complete, you go over here and that’s over here, right? So when the payment complete, when it gets goes green, then it adds into your, your money over here, right then on when it doesn’t say that, when it says pending would just go to pending orders. So right now I have 19 different items that Amazon needs to pay me on. Right. Which is kind of cool when you think about it. So it’s kinda like, you know, people are waiting for a paycheck, so am I right from Amazon? They got to pay me on 19 different items. So this item right here, I think they got to pay me like 30 bucks on this one is like a dollar. And some of these, I might, I might have to give them a couple of dollars cause I lowered the prices in the move to inventory.

So, but when, when we go over it, we’ll, you’ll see like how it doesn’t matter. This is like I said, 30, I said, owe them 50 cents. Make like $3. Is this on average? You need to make like $7 because of the size of the book. All right. It all depends on weight. It’s like basics and how many other people have them out there. Right. So you’re competing with other people. So during your pricing, just pay attention to that. Like this one, making money, this one it’s if I could be breaking even this one, I don’t remember the size of it could be breaking even obviously making money, obviously making money. Yes, sir. Could be breaking, even making money, making money. This one, unless it, if this is like, it’s a kid’s book. So, which is really difficult. So I probably breaking, even breaking, even making at least a dollar I’m losing about 50 cents losing about 50 cents making probably like $15 making like $4 off of this. Since it’s a slice of paper, I think it’s like $5. So I’m making like $10 off of that and probably breaking even off of that. So on the orders that are coming into me. So it’s like another, what?

I don’t know if anyone was counting let’s let’s just be cheap. Right. And say it’s a hundred dollars coming knows to say $40. And I would say 70, we’ll say 70 more dollars coming to me. And like, it will be here eventually. I’m not worried about it because then what happens? You come over here. Let’s do the little chart, check the pricing, right management. Right. Oh, see if you remember yesterday or when I was doing the other video they, they keep playing with this book. All right. So we’re just going to go into this boat. We’re in drop a whole 6 cents. All right. So when we go into over here, the payments. All right. So it kind of shows you all right here. And then what’s really cool is right here, which you’ll see

Is right here, the fees and we’ll refunds. It doesn’t look like, well, pre the beginning balance, I sold that many bubble of are ending with this much in that and the first. So if I, it, so yeah, basically what the gimmick, I’m saying one to $500 a month, as you can see, that’s just like half a month. I’ve already made 1100. So one to 500 is I’ve made way more than that. But if you look right here is the shipping costs, right? So what’s the most amazing thing with Amazon is that you don’t need any startup money. Right. So besides your $50 or whatever, to start up, well, you already know this. So I don’t know why I’m telling you all this. So you guys are already in the program. So the payment, so yeah. So what’s great is they pay, so you make your money, right? Once you set up your, your FBA, then it doesn’t cost you anything, right. At all, besides 50 bucks, it’s a subscription fee, $40. Right. And then as long as you’re sending product, you’ll go in the hall. All right. Let me see if I can show you what I’m talking about.

Okay. Yeah. Perfect. So the beginning balance, as you can see, June 26th of July, I had $26, right? Orders of 126. I mean, what was up a hundred or $98 is when I first started, but then you’ll see this like fees, a whole bunch of shipping. So I was down $135, which they say there’ll be charged on July 10th. Right. So just to get all my books up there, but then let’s, let’s look at what happened.

I was trying to go backwards.

So I started off negative one 35, but then when you look, yeah, I paid it, but then you’ll look over here. This is more shipping, so, okay. The second week didn’t make any money. So let’s go over to the third.

Started at negative 13 and there we go. Boom started making a little bit of money, total balance three 75. Right. But as you can see, the shipping was still, still killing me where I started making my first, a little bit of money, then we’ll go, boom, there we go. Start off three 75. What? So this is what about a month? Right? And so when you’re, when you’re really taking consideration, it’s going to take about a month because it takes time to get your stuff there. Right. As you can see. So even the fees were here, the fees were super expensive, super expensive shipping, but $1,100, right. Ended it with 1100. So now, boom, let’s see. The next month started with 1100 brought in. I mean, mind you, this is, this is a whopping six days. This isn’t two weeks. This is six days. Look at the dates here. All right. Started with 1100 pulled or had a 2300 in sales, pulled out 1200 in cash. Boom. On August 28th, I pulled out $200, whatever, but on the eight on the next pay period, whatever, let’s see what we started with

Boom. Started off with $1,800 right now. Remind, remind you like these are school books. So that’s, if you remember me telling you like the profit on this was a little bit higher, but you’ll see as I go the profit drops are, but I’m still making money. So $1,100, boom, boom, boom, boom. More shipping fees still, you know, took out quick $700. Right. and still had $1,400 leftover.

I call it like in the bank. Right. So right here sold this much product, you know, refunds, whatever does this like college books. So year and a half. And then more shipping fees, whatever credits, boom. Now we’re at two grand. Right? I didn’t take any money out. Remember I was in Columbia, I think that’s an $800. Yep. Took $800 out, but left myself with 1300 coming back from Columbia. So it paid for some already, as you see, I’m already making money. If you knew how much. So this $800, how much I paid for the books is very relevant here. So the books are really cheap. So I’m buying per pound. I don’t know how much per book I’m buying them because it’s just too cheap. So through the auctions, like already showed you where to buy him. You gotta look. But like, I, I can’t show you how much I buy books each book because I, them at the auctions.

Right. And so it’s all different. So, but I did show you how to find the books. So you have to look for them yourself, but you will find them. And as, I mean, I’m already in profit, right. So I pulled out some money, then we’ll go September 27th. So boom. So it’s upset. The 17th is when I returned to the twenties. The, so that, Oh, the 800 was buying more books in gas and Penske. Right? So reinvestment, I remember what it was for. And I, and it was paying a little bit of a, you know, use a little bit of the money for myself. So here we go again on the 23rd, another $500. So we’re looking at it over a thousand dollars, pulled out that month, but look still money in the bank.

Look at the dates. Here’s four days pulled money out, still had money. All right, let’s get to all right, like November and things.

The reason we’re going to November is because I was not working. I did not upload a single book. And so we’re, let’s look at some things when I wasn’t working at all. So you can see more or less what I’m talking about. So one to one to $500 a month, this is just the first pay period. So this is the eight to the 22nd. As you’ll see right here, the fees during Christmas time, Amazon for three months, Amazon’s fees doubled, or basically not doubled. It’s like eight times. It’s ridiculous. And if you don’t know it’s not fun. So if you see this $700 in fees, right, that was storage fees. So the reason why I really didn’t make a lot more money is I had to pay extra fees. So if you notice look right

$39, well subscription fees, fees. This is, these are shipping fees. Well, you’re going to see fees throughout, I guess. Well selling fees, FBA fees. All right. Now we go into November 22nd, December six costs the advertising. It was advertising a little bit. The advertisement of the books is worthless. Don’t even like I didn’t, I mean, for me it didn’t work. So you see again November, we already got paid. I’m kind of jumping around a little bit here. I’m trying to find specific examples. See again, advertising November, I paid a decent amount. So $700 right there for them. October 31st. Boom. Perfect. So November 4th, $400.

Didn’t take any money out right there. Mind you, I’m not working, Let’s say $200. So we’re at $600, Another $200, $800. So that’s $1,400. Didn’t take anything out. And this is the last until I started working again. So was that $1,500?

Yeah. So that’s the average of $500 a month for not doing anything. I did not work at all during that time. Right. During those, those, all those pay periods that we just collected the money. I didn’t work at all. So if you put in a little bit of work and if you see, so we started, if you even look negative 13, I didn’t even start until I didn’t start making, like, all my books didn’t get in until what? September or late August. What was it like right around here. Yeah. I basically, I had took my first little bit of money in the end of August. Right. And to be able to work what a month, maybe two and a half months and still get paid $500 a month. Mind you, they don’t forget about my, my, my fees went like tripled. Right? So that if, if my fees weren’t high, right.

If Amazon didn’t charge the holiday fee, then that would have been like eight to $900 a month from work that I’ve done. Right. So that’s why like, keep, just keep adding the books, like keep looking. And then eventually once you have some books it’s going to continuously pay for you. Right. So as like, I hope you see the payments. So, and the other thing, like don’t when, so it adds up, right? So when you sell the books, like you might not make as much per book, but just keep doing it. Right. So this, as you look, we didn’t look at any of these 30 days or this 15 days or the seven days or even today. Right. I haven’t even shown you that because the numbers haven’t even clicked. Right. You can even this, like, this is just for right now. And I got $1,100 is waiting on me. I can’t take it right in on March seven, March 2nd. It’s going to come to me. Right. All my, I just processed probably like 500 more books. So that’s why you’ll see back here.

Like shipping and everything. I just paid $300 basically in shipping. So would I have more money on the 17th? Yeah. I would have had $300 if I didn’t like add more books, but you know, cost of doing business. So $300 and I kick in a thousand dollars in a second. So it’s like pay periods. So here, like I’ll be able to take more money in a week. So they, they make you wait a week. So in case they, the, your customer returns the product. So they just hold it from you. Right. So next week it’ll be like two weeks that this money has been here. And so they’re start cashing me out, which is cool because then the bucket raises more, right? So I got $1,100 waiting on me, but every day you see this red one right here, every day, this is going to get bigger. When

These pending orders get shipped out. I hope that makes sense. So when have the pending orders get shipped out and then over here,

It goes to this little red thing, right. Until a week. And then after a week, then it gets transferred into like the next scheduled date, whatever. And so then what’s is kind of cool. So when I was working, right, don’t forget, I took three months off. Right. So the three months off my, my little budget, like my little nest egg dropped to basically zero. So I’m re re like building it up. So what my goal is usually to keep like a thousand dollars right here at all times, and the way you do that. So you don’t, so they don’t just send you all the money is when, when they, they allow you to have some money available, you just request the transfer. Right. So if tomorrow they allow $200 request the transfer and then it holds in your bank account for the next two weeks. Right. So the March 2nd was two weeks. You know what I’m saying? From the 19th or whenever the last paper you’d was 18th, 19th, whatever. So when you pull money out, it restarts your restart, your particular pay period for two weeks. Does that make sense? Hopefully that was the getting paid with Amazon little series. I hope I didn’t confuse you too much. Yeah, if you have any questions, you know, feel free to ask them and yeah. See you in the next series.

Good morning today. We’re going to discuss how you can make a little extra money. Right? Everybody likes a little extra money and over the last, what I started in June now, it’s February. And then what in August? No, no, no, no, no. August I really started really ramped up my production in August. Right. Because I didn’t know what I was doing in June, but I sold my first product June 21st and then July didn’t really know what I was doing. And I was like, okay, wow. I’m excited. Now is my first product online. I sold it and I made a little bit of money. Right. It was great. It was exciting. Right. I don’t know if you guys are there yet, but if not, you know, congratulations for when you are, if you are, have already been there, success is great, right. At least the great initial feeling of selling something.

All right. So July comes wrong. I keep dabbling in other products. It’s not really working, you know, you know, usually when you make success with one, you just stick with it real hard. Right. And then you go with that. Well, I do that, but not really, especially not in July. Cause it wasn’t a lot of money. So I was still kind of testing the market. But then August came around and I got an opportunity to like ramp up my, my inventory. Right. And so when I was able to ramp up my inventory, it kind of changed my perspective, not 100% wasn’t sold yet. And that’s why I didn’t try to teach a class. Right. But over the next course of some time, all right. The month of August, because I still, you know, it was, it was a hectic month. Right. I got a 26.

It was my first large shipment. And what, the products that I sell our books. Right. If you didn’t know. So I got my first large ship, it was a 26 footer. All right. And that first shipment going through Amazon and processing, everything took me forever. I hired a whole bunch of people and it was it was for lack of better words. It was a show. Right. Bad idea. But you know, it was, I didn’t know what I was doing. And I figured, okay, more the merrier, we can get a whole bunch of things done and it didn’t all right. So with my investment money, that was a huge hit. All right. So again, why I didn’t make a video and teach people how to do FBA or whatever, because I have, wasn’t really working now. I had all these books and I had quite a few of them.

So towards the end of August, like I, I mean by that, by August, by mid August, because you know, they were only there for the first week. So I like, yeah, I took a huge hit. And by the time everyone was gone, I still had all these books and nothing happened, but I lost a lot of money. So, but that was a good thing. Right. Because if it was successful, then I would have think, I would’ve thought that I needed a lot of people to get this done. Right. But since it was, success was not successful. Excuse me. Since it was a failure on hiring a whole bunch of other people, it forced me to do everything by myself. Right. And figure out how to do things the fastest, most efficient way to do it. Right. Excuse me. I need some water or whatever, but we’ll get through this and I’ll get some water later.

So after that, like I, I figured out how to process the bus a lot faster. And I started using Amazon to help me. Right. So like in my class, you’ll, you’ll, I’ll teach you how to do that. So Amazon is basically over employee, if you allow it to be all right. So you can, you can do a whole bunch of things. And then Amazon can take two, excuse me. Can take care of the rest. So it was basically like hiring an employee. Right. But the better thing is, is that they’re there and they don’t have you don’t, you don’t, they don’t have lunch breaks. He wants to anything. Right. They’re they’re Amazon’s employees, but they’re working for you. All right. So the benefit of that is great. So we’re done, we’ll look at the overview. How do we get Amazon to work for you?

Right. Wow. That’s really little but good thing when you’re listening to this, so you can rewatch it and we’re all good. All right. So what we’re doing is 100 to 500 a month by really maybe working like eight hours a month. Give or take

Yeah. Here in a second. You’ll you’ll understand why I’m like, eh, not really. All right. Cause I didn’t hear it. Let’s let’s keep on going. All right. So let’s get back to the store. So in August I figured out how to make Amazon work for me. Right. I didn’t figure it all the way out, but I was getting there. Right. And, and by doing that, I was able to process like three times more books. So before, when I first started, I, it was hard for me to process maybe 50, 60 a day. Right. I can just, I was worn out by the end of it, but now I can two, 300 in a day, 300, if I’m pushing it. Like if I’m really trying to get that eight hours a week. Right.

Excuse me. But if I’m, you know, kind of lackadaisical, you know, I can get one to 200 easy. I mean, that’s just like, why you watching TV? I mean, literally you can do this while you’re doing anything while you’re lazy, you can still like make money. That’s what’s so great about this. And that’s why like the numbers it’s really like one to $500. That’s if you literally don’t do anything and I’ll explain that in just a second. So the next thing that we’re talking about in this overview, right? First thing, Amazon work for you. So then September comes right now. It was great. I got a, some textbooks. So August by far, like just, just unsure on volume, up to now, like now come February. It’s February. It’s different. But August for the mind, part may part was my largest month just because it’s seasonality.

So I was selling like August, August, and then September, because I was selling college textbooks. So three college textbooks for $200 and $600. Right. So my numbers were kind of fictitious or like fabricated. They weren’t really true, which kind of screwed me up. But it was, it got me excited. So it kept me going, but on, later on, excuse me, it’s hot in here now. It kind of screwed me. All right. Because I was anticipating that I was going to be making bigger sales and more money. Right. But it didn’t really work that way, but this is how it did work September. I went on vacation. I was gone for a week. All right. So mind you there’s one week. Not here, not working at all making money. Right? Didn’t do anything. So August remember I got the big shipment, September, beginning of September. I was gone for a while. I was gone for 10 days. So that’s August work for a month. September didn’t work, you know, work a little bit. Then I came back

To Atlanta picked up another shipment because at that point in time, I figured out how to like mass produce mass buy books. All right. So in many times in my life, right. I’ve when you first start something, you’re always buying something as a consumer. Right. It’s always expensive. All right. So when I was in my garden, figuring out how to have buy vegetables was expensive. Right. How I grow them and all that. But then after, you know, years of doing it, you know, it was very cheap. Like right now, I I’m, I’m very frustrated cause it’s winter time and buying vegetables in the grocery store is ridiculous. When I know that in two, three months, I’m going to have so many vegetables. I’m not going to be able to eat them all. All right. Back to this story though, on books. So after looking, looking on auctions and looking at different places and then even using my mind right. And being creative, I found out how to get books for lock cheat. Right. So the second thing that we’re gonna

Do finding she,

Or I don’t like the word cheap, we’re just saying bulk finding

Product. Right.

So that’s the next part of, of what we’re doing. So first part again, let me remind you, Amazon work for you. All right. Second part, finding bulk product. Right? And because if you don’t find your product for cheap, your margins are horrible. Right. And I watch all these classes and everyone in and they’re great. Don’t get me wrong. They’re great classes. And I learned a lot, but then a lot of it in what I’m in my business, as you’ll see, it doesn’t really matter. I don’t have to advertise for this business. I’m going to have other businesses, but for this one I haven’t advertised at all. Right. Not even a little bit. As you let me, let’s continue with this story because I don’t want to tell you everything right now. We’re getting through this. Right. There’s a couple more things we’re going to teach.

So one to $500 a month for basically doing absolutely nothing. I hope you’re understanding the more that you’re listening to me, the less that the, the more you’re finding out that I’ve actually approached this with very little motivation and I still generate profit. Right. And give me a minute. So September, right. I’m in Columbia having a good time. All right. Fly back, pick up the shipment. So from September until it was like September 17th now. Cause I got back September 17th, I was gone September. Like I was gone for like 10 days. So I was like September 7th to September 17th, 18th, give or take. So that’s like a honk of the month. So in total work time, we’re looking at like a month and a half, two months. Yeah. About month and a half. So I’ll get back from September, pick up a shipment of books. And I ended up having one person, you know, he needed a place to stay, whatever.

This is a whole different tangent. We’ll talk about that later, but reel us back in. So we don’t go too far on a tangent. He needs, he needed a place to stay. So I was thinking, you know, well, this could be a match made in heaven. You need to place this day. I need some help and let’s see if we can turn this cause I have other businesses. So I was gonna see if I could like compound it, like have him help me with one business and then give him an opportunity to work in a different business. And then my goal was to have him be talking right now and for of you guys, but you know, it didn’t work out because we’ll get to that in just a second. So we unloaded the books. We did it rapid. I mean, wow, if you remember in August, I said after a whole week and I had a two, three, four people helping me.

Nope. Five people helping me after a week. I still had a whole entire truck full of books right now, just me and this other person and one week, all right. I was less than that because we had the, the Penske truck and it was a hundred dollars a day, right. To rent it. So it’s great for like one day. But as you keep on going, your, your profits keep going down, right. Because it’s a hundred dollars a day to rent this truck just to sit here. So, I mean, you’re not even using it besides is storing stuff. So a hundred dollars a day in store that’s $3,000 a month, $36,000 a year. That’s way too much just to store something. Right. So,

So we busted our little high dens. We got it done. Right. We unloaded the truck fast. Got it done in like four days. Got the processing done everything. But one big box in up to October. How do I know that was October because I was going to Africa. Like what? You were just in Columbia now I’m in Africa. Yes. If you want a great time in Africa, I was in Ghana. You know, when I was in Ghana, I went to a gold, mine, went to, you know cocoa butter plantation. All right. So I got to see the process of like drawing, like how you take it, take the cocoa bean off the tree, smash it, you know, take it all out, dry it, bag it up, ship it down the road. I got to see like the full process. It was really cool.

Then I got to see rubber trees and then like the mining process of the people going in there, down in the middle of the mine and bringing the rocks up and cracking the rocks and doing all the, I have videos on my YouTube. If you, if you’re interested. All right. Well not at the time of mines and all that. Well, yeah, I got them up there somewhere, Instagram, somewhere. I don’t know where I put them, but they’re there. Right. So back to the story. So I get back and remember I said, I had one big box left. Well, the person that was helping me just decided just didn’t want to do it. All right. And got back, pulled up from my Uber and the books were spread all over my driveway. All right. I was like gum. So what happened here? It’s like, Oh, I was trying to move it. But it fell

When a couple of days ago. Hmm.

Okay. As you can see, it didn’t work out. So what happened? Basically rain. So I lost that entire box. So

That was like 800 pounds of books that I lost, but yet I can still sell you. I made a profit now had a whole bunch of books inside the house. So I got back from Africa, October 15th, maybe give or take. So the rest of the books in the house and I mean, it was quite a few books. It wasn’t like one or two books I’m talking about like a thousand. Cause I was getting, like I just said, I lost 800 pounds of books, but I’m still fine. I didn’t cry. I mean, altogether I’ve lost probably 2,400 pounds of books because of weather, whether it’s never a friend and rain, rain and paper just don’t mix. You know what I mean? So when rain hits the books, they’re pretty much trashed. So altogether I’ve lost 2,400 pounds of books. Right. So that’s more money. So if I, maybe if I didn’t lose the 2,400 pounds, I would not be so low on this 100 to 500 a month. It’d probably be like 300 to 1500. All right. Have extra cash, but I’ve lost a lot of books and I’ve had a lot of different like hiccups as this story. All right. I hope that you’re hearing so all right.

The process on how to scan the books, right? Because not all the books. Okay. My business model, Amazon, we’ve been talking about Amazon, Amazon, Amazon. Well, I forgot to tell you, Amazon does not take every book, right? Like as much as out large Amazon is. And we think the Amazon will have every book known to man. Well, that’s not true. All right. They have every book that we know about known demand, but not every book known to man. All right. They have every popular book known to man and you know, a few of them, none not unpopular books, but what happens when you get bulk books is you’re going to have a whole bunch of books that don’t go to Amazon. Right. That are un-scalable right. So I have a lot of books for that, but this is a great opportunity for being charitable, right. Or for a Shopify store or any idea that you want. Right. Or, you know, I have, I have like different avenues of making money, different businesses. So like those books are, they’re in storage right now and I’ve built a massive library. So overview

Building

Library, probably spelled library wrong, but also when you’re buying books and when you’re buying books in bulk like this, you also get something called

Collect or false.

All right. Hmm, let me see. Nope, I don’t have it. No, I moved them all out. No, it’s not in this room. I wasn’t going to, I had a book from 1901. Well actually here’s one. I getting books like this. I personally think it’s interesting. So it goes in my personal collection. Right. So, so yeah, even if you’re not a person that clips collects books or collects different things I’m one of those guys, you know what I mean, collects different books and stamps and goings and, and whatever, you know, collect money too. So

Yes. So to keep, continue on with the story. All right. So who are we? We’re in October get back from Africa. And then I work real hard. Last book I put in October 31st. Right? So amount of time I worked with Amazon, we started in June 21st. Right. Got to understand the game a little bit with my first shipment, larger shipment, August lost money, because not because of the product because of hiring other people. Right. And not really understanding how to upload the books and understanding the true Mecca, like the mechanics of Amazon. So that’s July, August, September Colombia. Remember October Africa, which we’re only working on now, really two shipments, the big shipment that I told you in August and then the other shipment in September, right after I got back from Columbia, October 31st, I’m done with that second shipment. I wanted to take a break. So I did not upload a single book for November, December. And then I think I started off. I mean, you have to check, I’ll have it down at the bottom of the page December 25th, something like that. So basically give or take three months of not putting a single bit of energy, like manual. I had to do a couple like just maintenance. So boom, there we go.

Right. So, I mean it’s basic thing. So what I mean by maintenance. So when, when, when you’re uploading a book or you’re uploading a product, you know, sometimes you want to play with the price. Right. Here’s a great story. So for $100, I I’ll show you where I bought these, you know, I got, I got a lot of books. All right. For $100 for like 700 books or, well, no, they listed it at 700 books, but it was a lot more than 700 books because I still have probably like 2000 left, maybe 1500 left. All right. And I, and so I bought these books for $100. It was my fault. They said 700 sold, you know, in my truck, I was anticipating 700 books. When I got there. It was not 700 books. It was a lot more than 700 books. So my truck was not large enough to carry the books.

So the gas there and back is $100. Plus the gas there and back, I had to do it twice. Right. So because, you know, they, they lied to me and it was more books than it were then they said, right. So I had to fill up and I wouldn’t have been able to fit it all in one truck. My truck was like down here, like it was really, really heavy. It was textbooks and a second trip. So all invested was a hundred dollars plus the gas. And in, well, last week I sold like 300 of those books. So my net profit off of those was like 900 or a thousand or what my net, my revenue off of those books, I have been selling like one here, one there, one here, one there, this was when just a book, older order. All right. So with this one bulk order, it repaid everything that I had invested into that one shipment.

Right. And boom, I still have five, six, 700 of those particular books. I have the other ones they sold. Right. So, Oh, I forgot. I had forgot about those other books. I’m glad that right. Glad I mentioned it. So I had already paid, I’d already made my money for those books. I forgot about that because I had, yeah, I already made my money. So this was pure profit. It was pure profit. So over those times, so what, what, what I’ll be doing through defining bulk product is I’m going to show you where you can find like we’re a school or something. We’ll be giving away a lot of books for basically free. Like they literally free. They, they really just putting a number up there for you to put it up there. Just, just so you know, a hundred dollars for all those books is ridiculously cheap.

So what they’ll do is they’ll put them up there for you and then you just do the work. So it’s not just like particular places. So what I’ll be showing you like on down below, so you can kind of get a guesstimate for it. And I did not count that in the one to $500 because it happened last week. Right. So I started working again in December or January. So all of these numbers, like the one to $500 is basically rounded from starting a June until I started working again. Right? Nope. Not even that. Cause I made way more than that. So what it basically is is is this, this, these numbers right here, one to $500 a month is how much I made by not doing anything. All right. So I had to put a little bit of work and, but these numbers right here are when I did nothing.

Right. So if you do something like, okay, so you put it in like what, the two months, the two and a half months work kind of hard. Right. And I just told you, I sold, like I made a quick thousand dollars. So that just screws all this up. Right. So it’s like way more. But for what I’m trying to say is it’s just easier, right. To be like one to $500 extra a month. Right. But that’s not really true because on one little sale, I made a thousand dollars. Well, yeah. Cause I’d already paid for everything else in other sales. So a thousand dollars profit for work that I did in August. So this is like residual. So it just continues to pay dividends. Now, you know, Amazon takes their cut, but I’ve also looked at it like this I’ve been greedy and I’ve been like, yeah, I’m going to take all the money.

I’m going to ship it myself. But then am I think about it? I’m like, Oh, I don’t have any more boxes or I got to go buy tape or seriously, I had to leave the house to go send one book. So yes, you can try to be greedy or you can have Amazon work for you find bulk product like that. You can just sell all right. Build a library because we’ll look at the benefits of having a library education. Right. So then you can learn on different things. You can, you can educate yourself, you can start teaching classes, which has residual income on that. Right. So the knowledge that you obtain from building your own personal library for free, or you’re getting, well, it’s not even for free, you’re getting paid to build your library. Right. Then, you know what I’m saying? You’re I mean, reading paid to learn, right?

So then you got your collectibles, which you can, I mean, they’re collectibles, I’ll also show you where you can sell those collectibles. So like Amazon is more like mass production, like right. Boom. We’re trying to pump them through pump, pump, pump, but on different places. Right. It’s more on a small term auction. So you take your, take your books, you take your collectibles, you put them up on this site and each one of your collectables could go for 50 to $100 a pop. Right. So that again, screws up these, the top numbers, if you understand what I’m saying. So those were just like the basic generic numbers. If you don’t really want to work very hard, but you want to work a little bit hard. Right? So there’s like, you can build, start building classes. You can collectibles, right. You can start selling your collectibles.

The maintenance on everything is really easy. Right. I I’m, I didn’t learn this until what mid December. All right. And after I learned this, like the sales went up a little bit more. All right. So it’s good to get to, you know, look around and figure some things out. Like, I, I, there’s still more on there that I need to learn, but still working. I’m still generating a healthy profit. And if mean, really honestly, if you guys are still listening to me, there’s two different parts. So I’m going to teach the class and I’m going to have the PDF for basically like breaking all this stuff down. All right. Now there’s a couple more things that when I’m breaking the PDF down, like the class or the book, and then also the class when I’m breaking it, everything down and I’m teaching, I’ll be thinking of other things. This is more just a crash course to an introduction or introduce it to you. Right. But there’s two different things. So there’s going to be one, which is just this and the P in the book, but then there’s also be like the upgrading right. For a little bit extra because I have a lot of books. All right. Just on the side. All right. My life, I literally don’t, well, let’s just go on a walk.

Right. So, because the people that are listening to me right now, you’ve made it this long. It probably really interested. So, I mean, I mean, showing this to you and kind of explaining to you what, I mean, hopefully we can start working together. So for a little bit extra than just the class, what I’ll be able to do for you is I don’t have enough time to list the books. All right. Not all of them. I can only list mine. All right. Like if they easily scan, then I can do it. Cause I just don’t have enough time in the day. Like I have so many other projects I’m doing that. I just don’t have enough time. But if you are really interested in and you want to get into this, the only thing that’s wrong with these books, not all of them, like, I’m just going to show you half of a shipment.

All right. Which I can guarantee you, there’s going to be a lot of books in these that aren’t going to fit my criteria and what I personally do. But if you’re interested and you sign up for the extra little part. Yeah. It’s a little bit more and it’s monthly, but what I’ll do is I’m just going to be shipping me books, right. Just non-stop shipping you books of the books that don’t fit my criteria. Obviously you’re going to be paying for the shipping. Right. But other than that, like, I’m just gonna be shipping you books. And so like in kind of give it like a perspective of how many books I have, like this is box, box, box, box boxes of books. There’s we’ll go over to my garage.

So if you see, I have a couple of books, right. And I’ll partner with you guys, like for a monthly little fee. Like I said, I have so many of these books. Yes. So many of these books, these even scan Amazon. So if you want to compete against me, you can ask me and I’ll send you a box of those. I don’t know why you’re want to, but like I have comics that I just haven’t gotten around to. Cause they don’t scan. Right. They don’t, they don’t easily scan. They don’t go beep. And so I don’t, I just don’t have time for it. Right. I have like 5,000 other things I need to do. But if you have time or you just don’t know where to go find books, then let’s just talk. And, and if you sign up for the extra, right, it’s not going to be too much extra per month.

I might charge you like 40, 50 bucks just because I’m going to have to manually go make all these boxes. All right. So you’re not going to be paying for the books are going to be, or the books you’ll be paying for my manual, labor of finding new great books to try to self, like, I don’t want to send you like just crappy books, like books that are torn apart and everything. So like, if you’re working with me, I’ll be going through these books and, and finding like good little starter packets. Right? Good little packets of books that, that a high, high, high probability of selling. Like, I don’t want to say like, okay, for instance, I’d probably send you that. Well, I’m not going to do that. That’s just stupid because there’s thousands of books. All right. I’m not going to go around and try to climb through all these boxes and be like, Oh, I sent you this one and that one.

No, no, no, no, no, no, no, no. But if you are interested and you want to like do that part, then click onto the second little part and become like a monthly subscriber. And let’s start working together and get through these books. And if you can help me, then I’ll help you. The more books that you guys go through, the more books I can get. And eventually, you know, we can, we can really corner the market. Cause look at, look how much money there is in books. There’s like $500 million a year in books. So let’s, let’s try to get a piece of that. All right. See you on the other side.