On episode 62 of the Side Hustle Experiment Podcast, John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/realdrewd/) dive deep with John Song (https://www.instagram.com/jsong.online/) who shares how to get up to $100,000 in funding to grow your business.
The conversation also highlights the financial pitfalls of e-commerce, including slippage and inventory risks, while exploring alternative business models that may offer better margins and less risk.
Chapters
00:00 Navigating the E-commerce Landscape
05:01 The Shift to Business Funding
09:56 Understanding the Funding Process
14:56 Expanding Beyond Amazon
19:49 Walmart: A New Frontier
25:04 The Challenges of Coaching
32:37 Navigating the Saturated Coaching Market
39:51 Understanding Financial Slippage in E-commerce
43:29 The Risks of Selling on Amazon
51:28 The Future of E-commerce Business Models
54:23 Adapting to New Marketing Strategies
55:49 The Rise of Influencer Marketing
01:01:00 Building a Sustainable Business Model
01:02:53 Exploring TikTok Shop Opportunities
01:05:39 Diversifying Income Streams
01:10:09 Final Thoughts on Business Growth
#amazonfba #amazonfbatips #sidehustleexperimentpodcast
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Listen on your favorite podcast platform
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Check out Drew's Stuff
Instagram: https://www.instagram.com/realdrewd
Twitter: https://twitter.com/DrewFBA
Check out John's Stuff
Instagram: https://www.instagram.com/sidehustleexperiment/
Twitter: https://twitter.com/SideHustleExp
FREE Resources
✅ AVOID Price Tanking with The Tank Test Check List https://bit.ly/44FMt6M
✅ 10 Questions to Ask A Prep Center Before Hiring Them: https://bit.ly/3K3HQK4
✅ How to Make your first $500 Reselling: https://bit.ly/3UJS47g
✅ Get the Discount Calculator: https://bit.ly/4dEhaNN
✅ The OA Tracking Spreadsheet: https://bit.ly/4bfqupO (the spreadsheet I use to run my Amazon Business)
🛠️The tools I use to run my Amazon Business with Special Discounts🛠️
https://bit.ly/4bhibd3