Losing $5k on Private Label, Making $5 Million, and the Future of Amazon FBA ... Episode 1

Episode 1: John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/drewfba/) discuss their experience losing money with private label on Amazon Making $5 Million, the Future of Amazon FBA, Amazon's New Return Policy and New FBA Fee Changes.

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Check out John's Stuff
Instagram: https://www.instagram.com/sidehustleexperiment/
Twitter: https://twitter.com/SideHustleExp 

Check out Drew's Stuff
Instagram: https://www.instagram.com/drewfba/
Twitter: https://twitter.com/DrewFBA


00:00:00 Introduction
00:03:00 Private Label Experiment
00:11:00 Amazon and Diversification
00:19:00 The Saturated Market and Misconceptions
00:25:00 Understanding Margins and Risk
00:37:00 Future Plans and Exit Strategies
00:48:00 The Importance of Learning New Skills
00:56:00 The Impact of Returns on Business
01:01:00 Amazon's New Return Policy
01:07:00 Amazon Fee Changes
01:15:00 Future Plans

Follow us on Instagram: https://www.instagram.com/sidehustleexperimentpodcast/ 

Check out John's Stuff
Instagram: https://www.instagram.com/sidehustleexperiment/
Twitter: https://twitter.com/SideHustleExp 
AVOID Price Tanking with The Tank Test Check List (FREE): https://bit.ly/3pgNWQz 

Check out Drew's Stuff
Instagram: https://www.instagram.com/drewfba/
Twitter: https://twitter.com/DrewFBA