Escaping 9–5, The #1 Money Business no one talks about. Earn without much work or effort (2)
So I was scrolling LinkedIn and one day realized that how a disease can affect the lives of millions. People are losing their jobs, their family is suffering as a side effect, and all that is bad.
Alternatively, amidst all that economical chaos, there were people who saw an opportunity and triumphed (Believe me, these are people you wanna be friends with).
Another thing that all the books in the world and my ancestors told me about, that I (or rather “we”) conveniently chose to ignore, hit me hard.
“Owning a business and being the boss (no matter how small) is always greater than ̶W̶o̶r̶k̶i̶n̶g̶ grinding to make someone else rich.”
So I diverted my mind from anime and manga for once and started thinking about getting my life together and then getting back to A&M, but with something generating me income.
So, *enter* my criteria for optimal business:
- Good cash flow. ($$)
- Not much work ( I need to give my ps5 some time too you know)
- Very less to no investment at all.
- Possibly from home and majorly online.
- Less involvement from me. Automatic process.
I was shocked to find what adults, teens, and basically everyone is doing nowadays and getting rich. I won’t share all in this article (because I need more content for medium obviously 😂), so do follow me for more and also check part-1(The YouTube Method) of this series.
— 🤩 The FBA Method 🤩 —
See, like the previous part, this method requires less work, but unlike it, you have to make a little investment.
Most people buy things that are unique, they think are useful or just something shiny. That’s human nature. You need to find such products and buy them in bulk. In summary, anything that you think will sell.
Now the immortal question: how, and what is the proof?
There are sites like Alibaba that sell products to you in bulk and at cheap rates. Let’s take a simple collapsible water bottle for example.
See this water bottle, pretty cool right? Very good idea for saving space. Do you absolutely need it? No, but do you want to own one? Yeah!
For starters, buy 100 of these. Including shipping and extra costs (if any), you will get them at $1 each.
Now comes the fun part, which is using FBA.
What is FBA? It is fulfillment by Amazon.
Fulfillment is the process of storing, packing, and shipping orders as well as handling returns and exchanges. Effective, reliable e-commerce fulfillment delights customers. With FBA, you send your products to Amazon’s fulfillment centers, and we pick, pack, ship, and provide customer service for those products.
So basically, all you have to do is, send your products to Amazon, set their price, add images and let them take care of rest while you sip that delicious green tea from your very own fold-able water bottle.
The below image (Screen Shot 2) is taken from Amazon’s fulfillment site, and it shows what is the process of getting started.
To read more about Fulfillment, it’s benefits and how to sign up CLICK HERE. It’s pretty simple and basic stuff.
— 🍾 Getting your products seen 🍾 —
The simple answer to this question is to use ads. People use Instagram and Facebook (maybe) all the time.
Instagram can show people ads relevant to their search history from Amazon 😳. Well, we all know (if not, we accepted their terms and conditions) that we provide access to our data to these social media sites and applications so that they can use it to show us ads.
Say if someone searched for a bottle on Amazon then Instagram can show them your bottle’s ad on their feed or story. If the user likes that ad then they will click on it and there is a good chance they would buy it.
Off course, You have to pay for that.
Fun Fact: Showing relevant ads is one of the ways of how Facebook makes money.
— 💸 Additional costs and How much $ are we talking about? 💸 —
Assuming, you put these ads and set up FBA. All these extra costs will make that $1 bottle worth $3–4 in expenses. The cost is still nothing if you can sell these bottles for $12. Don’t believe me?
Those 1,443 reviews would say otherwise.
IKR!
Even if you are earning a profit of $7 from each bottle you can earn $700 (profit only) from just these 100 bottles.
I am not suggesting you should sell these bottles too. You can find and put in other products and your desired price.
I found someone online who earns more than $5000 every month using this same method and works for less than 2–3 hours every week!
Eyes popped out? Mine did too.
So get out there (or stay at home, whatever 😂) and use this newfound knowledge to make those big bucks.
Best of luck, do follow me for more amazing posts that I will post someday :p and share it with your friends and family. See you guys on the other side.
