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Peddling the ‘Secrets’ to Getting Rich on Amazon

theatlantic.com

21–30 of 94 posts

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#22
post #21

But really, is this any different than these "coding academies" where you pay $10k to "learn to be a programmer in 30 days and get a great job making $100k+ a year"?

Which academy makes the specific promises and claims that you just asserted?

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#23
post #11
post #4

This is the internet equivalent of those "get rich quick" TV infomercials, where the only people getting rich quick are the ones providing sham classes/books/seminars and charging outrageous amounts for them.

The same BS peddled by people like Gary V and co.

Or DT and co. https://www.cnn.com/2018/04/10/politics/trump-university-set...

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#24

In this day and age it is surprising that people still fall for "Get Rich Schemes". Anyone selling Investment Advice, Business Advice, Products, etc that promise success, wealth, etc are charlatans. These two took advantage of desperate people. There is little to no money to be made on AMZN today. No one is getting rich anymore.

> There is little to no money to be made on AMZN today. No one is getting rich anymore.

Really? That's like saying there's little to no money to be made in entrepreneurship today. Are you saying everyone on AMZN operates their business at 0% or less net profit margin? Because that's essentially what you are saying.

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#25
post #21

But really, is this any different than these "coding academies" where you pay $10k to "learn to be a programmer in 30 days and get a great job making $100k+ a year"?

Which academy makes the specific promises and claims that you just asserted?

https://www.bloomberg.com/news/features/2016-12-06/want-a-jo...

https://www.quora.com/Are-programming-bootcamps-lying-about-...

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#26
post #9

The way to make money "easy" is to have a skill combined with an insight that most other people don't have, and work to exploit that ability for profit. For example, someone who is a good application developer but works in a dental office can identify what exactly is needed by that demographic, and how much they are willing to pay for it (thereby using their potentially "hobby" skill of programming to create that run…

I was always told to follow the rule that if you think of something that will make a ton of money, do some research, because someone has probably already thought of it and done it. If no one has, then your idea is probably flawed. It's the really small percentage of ideas that fit into neither category where you can make a lot of money, but that is incredibly small. Understand your probably of success before you star…

Two economists walking down a street. One spots a $100 bill and says "Look, a $100 bill!" The other says, "Probably fake. If it was real, someone would have grabbed it already..."

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#27

This is the flip side of an experience that's more and more common when buying on Amazon--there are a lot of sellers peddling poorly made or counterfeit items for a quick buck. It's a crowded marketplace, and it's mostly crowded with sketchy sellers. I avoid Amazon for anything other than books, lately. For anything else, there's no telling what you'll actually get.

I avoid Amazon for anything other than books, lately. For anything else, there's no telling what you'll actually get.

As noted previously on HN, they're even selling fake books on Amazon. One was a Python programming guide.

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#28

People forget that history repeats itself -- the ones that got richest during the California Gold Rush were the ones selling tools, unless you were lucky enough to hit a motherlode. So if someone is selling you an expensive tool that will help make you rich, ask yourself why they aren't using that same tool themselves. (and if the answer is "I have all the money I need, I just want to help other people... then ask wh…

This is the same thing for all the free seminars you hear on the radio. At best, they already have a position and are running the pump train so they can cash out.

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#30

People forget that history repeats itself -- the ones that got richest during the California Gold Rush were the ones selling tools, unless you were lucky enough to hit a motherlode. So if someone is selling you an expensive tool that will help make you rich, ask yourself why they aren't using that same tool themselves. (and if the answer is "I have all the money I need, I just want to help other people... then ask wh…

This is the real "secret" that people seem to totally miss/willfully ignore. 4K is quite a lot for what is essentially pretty obvious stuff that I am sure a weekend of searching around could get you.

Caveat emptor

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