Hey, Jeff Bezos, you make $8,000,000 per hour, but you

pay $0 in taxes. What the

$8,000,000 you're talking about isn't my income. It's an increase of the Amazon shares

Exactly. And in Jeff's case, he's simply using the

tax system that's been legislated for him to his

It's so true. You've got to learn how to break out of the matrix 9 to 5 system.

I'm Matthew Fraser and this is Amazon Ecom

Secrets. I'll be sharing with you the secrets that helped me go from

millions in debt to an eight-figure entrepreneur. If

you're ready to escape the nine-to-five and live life on your terms,

let me show you the way. I'm going to be doing reactions

to hopefully some intriguing videos and

hopefully this starts a lot of controversy. Let's do

Hey Jeff Bezos, you make eight million dollars per hour but you

pay zero dollars in taxes? What the fuck? Well,

I don't make any money. What? Okay, look, the 8 million

you're talking about isn't my income. It's an increase of the Amazon shares

I own. Yeah, but you still made a profit. You've got to pay taxes on

that. No, as long as I don't sell my stocks, I don't have to pay anything. Well,

you're going to have to sell it eventually. How are you going to get money then? Whenever I

Well, let's just stop right there because he just touched on

something that I'm absolutely passionate about, which is not destroying the complete

system. And right now, the current

Labor government wants to bring in a tax on

unrealized gains. So right there when he said the stock price has gone

up and you haven't paid tax, yeah, it's because he hasn't sold the stock. So

therefore, he hasn't realized the profit or the loss. And

so therefore, you can't be taxed. And now, I

would just urge you, Do not vote for

the Labor government. They're going to cripple this

economy even further than they already have. But if you love Albonomics,

I guess, if you love high prices, then keep Albo.

And since debt is tax-free, I don't have to pay any taxes on that. Well,

how are you going to pay off that loan then? I'll take out an even bigger loan

to pay off the previous loan. And how are you going to pay the bigger loan

then? I'll take out a loan even larger than that and do the same thing.

Wait, you're going to keep doing that? Till when? Until I die. So

you won't ever pay taxes in your entire life? How do

the banks allow this if they know you're going to keep taking out loans? Well,

the banks get their interest paid back from the loans, and I get to save

billions in taxes. So it's really a win-win situation. How

does the government allow this? You guys wrote the tax code, not me.

Look, the government did write the tax code. But honestly, you

would not want to give the government any more than is

necessary. And in Jeff's case, he's simply using

the tax system that's been legislated for

him to his advantage. And if you don't do that, then

If you're gonna make millions and millions and millions and millions in e-commerce, you're gonna sell some

weird fucking product that if you're at a dinner party and someone says, oh,

what do you do for a living? You don't wanna say that you sell glow-in-the-dark teddy bears. Or

you don't wanna say you sell dildos. Everyone has this idea of e-commerce like, oh,

I'm gonna get into e-commerce and I'm gonna start the next jewelry line. I'm gonna start the

That's the reality of the successful e-commerce. That's fascinating. When I

got into e-commerce, I started selling what I thought was what

I liked, which was automotive type products. And it didn't work

out. And I never, ever thought I would end up selling healthcare products

amongst other things. So sometimes you just don't

know what you're going to end up selling. But I can tell you what, I just want to sell whatever

Yes, yes, yes. Don't tell people what you know. Keep them poor. My

father was the head of education, PhD, all

that stuff. I go home and ask him, I said, why don't we learn about money in

school? And he looked at me and says, because the government doesn't let

I've got to stop it right there. This is such a bugbear for me. It's so

true. Robert, who wrote Rich Dad Poor Dad, a book that

you must read, fundamental to anyone

going into business or entrepreneurship. He is so true. He

is right in the sense that the skill system

is geared towards keeping you dumbed down. They

don't want you to know how to use the money slash the

tax system to your advantage. And

this is the travesty of the education

system. And my mother was a school teacher, and she

did her absolute best and she taught well, but she's constrained by

the system, which doesn't allow teachers to

teach what really, really counts. Because you know what? Most of the teachers don't even know

what's right as well. You've got to learn how to break out

of the Matrix 9 to 5 system. It's imperative.

And guess what? The information is actually right in

front of you. All you need to do is go onto YouTube and start searching

how to break out of the Matrix and there'll be a plethora of information

there to help you get out of the system. Hey guys, I just want to break

away from the episode for just one moment and let you know that I've just launched the

Amazon Launchpad mini course. Now, this is designed for people who want to get

started on Amazon really, really fast. But guess what?

I can get you launched your first product on Amazon with just five

hours. You just have to click on the link below, join my community, and the course

is absolutely free. All right, thanks guys, and back to the episode.

So I made a completely new channel. The second video got half a

million views in like two weeks. That's wild. The video ended up

making about $5,000. And then from there, like I just

never stop uploading, bro. So all YouTube automation is, it's just a

faceless way of doing YouTube without creating the videos or ever

showing your face on camera. All you're doing is going off freelance sites like

Upwork, Fiverr, all these freelancer sites have script

writers, video editors, voice actors, and thumbnail artists,

right? And so you build this team to basically produce the

This is so powerful. You could actually make money without

even putting your face on YouTube like what I'm doing right

now. I'm putting my face on YouTube. But you can do it without

putting your face on YouTube and automate the whole process and

monetize that channel. And it could make you millions of dollars. This

guy is onto something here and I tell you what, I'm on

the verge of going down this path myself because after

now doing e-commerce and Amazon for so many years, there's some

other business models that I'm really interested in that

can help grow my wealth but do it with less friction

and less inventory and potentially less

Hey, excuse me. How much money do you make a year in New York City? I make over six

I'm about to head to the warehouse right now. What is this place? This is the warehouse.

How'd you

And what retail arbitrage is, is when you drive to a store, to retail stores,

and you buy products off their shelves. So I used to drive to the Nike outlets,

and I used to scoop all the shoes off their shelves. Day-to-day, usually from

9 to 5, I'm looking at catalogs, searching for profitable items to buy. And

Getting to be your own boss and making money in your sleep. I realized that you

don't even have to do any of the branding and marketing yourself. You can just take a

brand that already sells very well and you can buy it in bulk and then just

plug and play. It's that simple. You can make money from well-known brands that

Look, this is one way to make money online and I take my hat off to this

guy for doing it, the retail arbitrage. Just like he said, There

are some issues with it, of course. One is that you're now competing with other people

who are selling the exact same brand. What I like to do is find existing

brands where I can get exclusive distribution, and I'm the

only one selling that product in the marketplace. Now,

A lot of people aren't going to like this one. Poor people usually

spend their money and invest what's left, whereas

rich people invest their money and

spend what's left. And here's the kicker. You can have very little

money, but still have a rich mindset. It's just about the philosophy.

I really like this guy. I've been seeing him on social media recently. He's

definitely worth a follow. He comes up with some really, really good quality

information that'll help get your mind thinking. Check

Let me show you how to take a side hustle or an idea and turn it

into a company. Level one, proof of concept. Sales

go directly into your personal account. You have no protection, no tax benefits,

no write-offs. Nice, you made it to level two. Form

an LLC, tax is a sole prop, and open up a business bank account. Money

comes into the business, the LLC, and then you can take write-offs and

expenses. Pay yourself by taking an owner's draw. Now

you have the protection of an LLC. My personal favorite, level

three. Time to form a holding company, an LLC taxed as

an S-corp owned by you. Sales flow into your business, which

is now a disregarded LLC. This company is

now going to pay your holding company a management fee. Your

holding company is going to pay you a salary and quarterly distributions. This

allows you to avoid self-employment taxes and take advantage of

This is a pretty novel idea of course geared

towards Americans. You can do something very similar in

Australia using trusts but it does get very complicated and

you absolutely have to check with your own account before you set anything like

this up because it can incur a lot of accounting fees

as well. So not for the fainthearted but definitely

something that you should look into if you're going to become a multi-millionaire Amazon

If you buy a property in a super fund, if it's residential, you can't live

in it, you can't move your mates to live in it, it's prohibited in there. But if you buy a commercial property

or a business property in a super fund, you can. So you're on your business premises, area of

retail operation there. And you think that through, you go, well, if I've got a business premises, it

might be my workshop or my surgery or where it is, and I'm paying

rent to myself, I've got to pay rent. So you as a mechanic or as a doctor, your

company pays rent to your own super fund. On the one hand, you're giving me tax deduction for

that, and your rates as a company rate is 25%. The super fund gets

that money in there, it's probably paying tax maximum 15 on the

earnings of that thing. So it's a pretty easy math to work out. You're making 10% at

least on the changeover. And then over time, you pay less tax when you

Be for Bitcoin. All right, guys, thank you for tuning in to that episode of

Reactions. I hope you enjoyed that. Probably not so controversial as

I thought it was going to be, but all in all, great fun. All

right, guys, thank you so much. See you in the next episode. Take care. Thanks for tuning into

Amazon Ecom Secrets. If you enjoyed this episode, the

best way to show your support is to give a five-star review

on Apple Podcasts and Spotify, and make sure

to subscribe on YouTube so you don't miss an episode. You

can also find more at I'm Matthew Fraser

on all social media platforms. Thanks so much. Take