51–60 of 94 posts
1. Solve a problem, which creates value, which is something people will pay you for.
2. Have a shtick and find a way to monetize it. i.e. be the "Let's get ready to RUMBLE!!!!" dude.
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
Uhhh... People should know not to try to sell anything FBA that's fragile; Amazon never packages or handles fragile products correctly. Should have been covered in the webinar... obviously these people are just out to get a quick buck, not actually help others sell on Amazon. That and they partnered with a Chinese manufacturer that had minimum orders in the thousands... that seems like a ridiculous commitment for something that's essentially an experiment.
These people who fell for this seem like the same sorts of people who fall for MLMs...
I remember someone calling into Dave Ramsey's show saying they spent something like $60,000 on these "get rich seminars" going through different "levels" and didn't even make a penny. Unbelievable...
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…
No, of course not. Companies (and individuals) must specialize at some level. And I personally feel some of our largest companies have overstepped that line.
> They’re frustrated with Amazon, which they say is making money off the failures of people like them. Wait what... I can't even. It's not Amazon's fault you bought something no one wanted then tried to sell it. You wanted easy money and it doesn't exist. You CHOSE to ship directly to Amazon so you didn't have to handle shipping, you CHOSE a quality item that kept breaking, they CHOSE to use Amazon, any they CHOSE to…
Sometimes I cringe when I see Ask HN posts with this term. Even though the answers are usually sincere and illuminating, it seems that the motivation for seeking out this type of information is usually to find an idea for an easy niche to monetize, which is what a lot of the consumers of these "Amazon expert" courses are after, too.
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"?
Maybe 12 weeks is also unrealistic unless they accept people who already have experience. $100k is $60k after taxes, which might cover rent in San Francisco.
> They’re frustrated with Amazon, which they say is making money off the failures of people like them. Wait what... I can't even. It's not Amazon's fault you bought something no one wanted then tried to sell it. You wanted easy money and it doesn't exist. You CHOSE to ship directly to Amazon so you didn't have to handle shipping, you CHOSE a quality item that kept breaking, they CHOSE to use Amazon, any they CHOSE to…
Or it's above them and they fell victim to a Dunning-Kruger situation?
I don't know why people still believe that someone with a winning (money making) system is going to share that with others. If a system works that well, nobody is going to sell instructions on how to do it. Maybe they'll share the knowledge with a few friends or family, but they sure won't sell it. To sell "how to get rich" information clearly implies that the seller is not getting rich. If they were, and even if the…
There is the concept of franchises like McDonalds which seems to go against your point.
If someone really is "retired but wants to help people", I would expect to see the core educational content available for free (or near distribution cost) with the option to pay for one-on-one coaching/consulting services.
Earlier quoted context omitted.
There is the concept of franchises like McDonalds which seems to go against your point.
Running a franchise seems neither quick nor easy and usually requires a large upfront investment.
Not to mention the franchise collects commission on the franchisee's ongoing sales, not just a lump sum up front and say "you're on your own, have fun." It's quite a different ballgame altogether.