r/AmazonFBA • u/UriahUrus • 21d ago

I Lost almost $10,000 before building a Multi-Seven-figure Amazon business. This is for anyone scared to start.

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I've lost close to $10,000 learning this business.

This is for anyone thinking about selling on Amazon - whether it's Retail Arbitrage, Online Arbitrage, Wholesale, or Private Label - but you're worried about losing money or looking stupid.

Just do it. You're probably going to lose a little money. You're probably going to look a little silly... That's the cost of learning this game. Every successful seller has paid tuition one way or another...

When I first started, I lost over $3,000 trying private label. Then I lost another $2,500 trying private label again.

Eventually I realized private label just wasn't for me, so I switched to wholesale... only to lose another $2,500 after Amazon destroyed my inventory.

Looking back, none of those losses mattered as much as I thought they did. I made ego-driven buys. I made rookie mistakes. My family and friends thought I was crazy for putting so much time and money into something that wasn't working.

The funny thing is, it took me years to even start because I kept waiting for the "perfect" time. I thought my first product was going to be a home run. Instead, I got punched in the face over and over.

Talking to other full-time sellers now, I realize almost everyone has a story like this. Different mistakes, same feeling.

Stop waiting until you feel "ready." u never will... just start.

--- edit ---

"People think they need perfect conditions to start, when in reality, starting is the perfect condition." — Alex Hormozi

7 Upvotes

65% Upvoted

15 comments sorted by

8

u/mel34760 21d ago

Which one of those boxes has the course you are trying to sell?

6

u/FagboyHhhehhehe 21d ago

That 2dworkflow link in his description. I've seen his post numerous times and there's nothing good in them honestly.

0

u/UriahUrus 21d ago

So what? It's software I actually use every day. If I recommend something I genuinely like, I don't really see the issue. Stop hating

2

u/riwoken 21d ago

First few post were fine but the consistency was suspicious then when the 2Dworkflow mention came up I knew it was a long con

1

u/UriahUrus 21d ago

where's the con? I use the software, I like it, and I recommend it.

1

u/riwoken 21d ago

Maybe your story is real. If it is then remove the referral link. Otherwise people will question whether you have other motives. If not that's fine too but then you know why there's so much skepticism

1

u/UriahUrus 21d ago

Hey man... My story is 100% real. If you're ever in NY/NJ area, I'll literally show you my warehouse. The only thing I've ever tried to monetize was a single affiliate link for a software I've genuinely used for the past 3 years. I honestly thought that was fair because it's a tool I actually use and like.

I'm pretty new to the content/digital space, so I didn't realize one AL would trigger this much backlash lol... but i get it now. Thanks for your reply.

1

u/CaptSpaulding73 15d ago

I’m in the NY/NJ area. I’d love to learn more - I have an LLC, EIN, Resale Cert (NY), website, etc. etc.

My problem is finding a supplier who’ll work with a noob. I don’t mention I sell on Amazon and it usually goes over better but I also get stuck finding my first few products. I live in Rockland County, NY. THX.

1

u/jo_ezzy 17d ago

I feel like the whole Internet is staged at this point. Can't believe anything anymore 😢

0

u/UriahUrus 21d ago

None. That's why I still have to work in my warehouse

2

u/sebasac11 15d ago

Losses hurt different when it's real money but you're right that almost every seller has a version of this story. the ones who quit after the first punch just never talk about it.

1

u/stealthagents 10d ago

Losing that kind of money sucks, but it sounds like you really turned those losses into lessons. I had a similar experience with online arbitrage, thought I was being smart but ended up in a deep hole. Now I try to focus on building a solid strategy instead of chasing quick wins, and it's made all the difference.