I've been looking into ways to make a real passive income and have come across a bunch of YouTube videos by these self proclaimed millionaires teaching things about it and who offer courses etc... Apparently you can go on sites like Alibaba and make Chinese kids produce stuff for you in mass quantities and re sell on amazon. Do any of you use it or have any input? I've never once seen a thread about it on Jow Forums but never the less am looking for possible input or advice. I have $1000 to start with here. A passive income of just that per month would be enough to make me satisfied with life and not kms.
Fulfilled by Amazon?
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Just buy $OTO
It's 100% a scam to make you attend seminars. Think about it, if you made millions off of something no one's heard about would you be giving up your time to teach people how to compete with you?
That's a good point. But I just feel off about the whole thing. I wish it were real or at least I could find other people who have done it.
My life improved 100% the moment I realized this: if it’s being shilled by hypebois on Youtube, you’ve already missed the boat.
Damn. I figured that was probably the case. I just wish it were not true. They all shill their courses too for like thousands of dollars.
>chinks
>transport
>customs
>transport
>amazon
>retard customers
be better off working one of Jeffs wagecages 50 years, less stressful than a week of dealing with chinks and the fuckups at AMZN
Still. If I could make $1000 a month??? Id accept the chink slip ups.
Here's your FBA redpill.
>spend a year working with chinks to get your product portfolio set
>spend countless $$ and massive headaches getting import situation setup
>spend countless hours promoting and giving amzn extra $$ to list your products in favorable positions
>Amzn commingles your inventory with everyone else
>Turns out the chinks you are buying from have their own FBA account and are selling your stuff under same description but using 25% the qa of your products so basically cheap counterfeits costing your name
>Spend endless time trying to get amzn to address the counterfeit situation - they ignore
>Spend countless time addressing customers - many of which you only find out later left bad reviews because they bought competing counterfeit products
>Amzn starts hitting you with invented fees for this and that "oh user, warehouse space is going up 30% today...sorry we never told you until you shipped another order of 100K products to us...whoopsie"
>Margins every slimmer as now there are dozens of counterfeits. All from same chink factory
>Amzn seeing your "success" signs deal with same chink factory to make an Amazon Basics model of your widget
Sorry you are out of business now...but thanks for paying amazon to see what a good idea you came up with....
I was about to write exactly this, but I didn't care enough and gave up. This user is spot on. An acquaintance of mine went through that exact shit.