If you have a side hustle, it means your main hustle isn't working. Ultimately, you would like

your side hustle to become your main hustle. That's the point. And

This is super illegal and I would never do this, but this is probably the fastest

way to make $3,000 in a single day. Oh, tell us. All

TikTok blew up one of our videos and in just one month, people and companies everywhere began

This is a problem when you don't have a business that has a moat

around it. What do I mean by a moat? For example, 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. Today's episode, we're going to do some

reactions, which is one of my favorites. Let's do it. Making money

online really doesn't have to be that complicated You

can take well, you know from the outset when someone says they're making

money online and they're just throwing cash on the table It's

probably not online because everything is digital now. But

anyway, let's see what it let's see where he thinks He's making this money from it's your time.

Check all the serial numbers or even better even better. Let's

go to the machine and see if it detects Oh

I do like the idea, though, of counting a lot of cash. It seems like a

Alright, enough with the shenanigans. Let me show you how you can... Yeah,

You know how people say e-com is dead? It's not dead.

They don't know how to advertise and sell stuff. I sell, you

know, envelopes to grandmas on Facebook. Very boring

model and, um... I love boring models. ...have

schmickles under their mattresses. Here's my daily payouts to

my bank account. Some days are better than others. Here

are the daily individual orders for the envelopes. So

if you want to learn from somebody legit, just message me on Instagram right

Oh, this is such a problem because he's sucking me in now. I

want to know how he's making that much money from selling stuff

to grandmas. I

must admit though, sometimes I do get that shiny new object syndrome,

but I would love to know actually what he's doing. I might actually just contact him

I am terrified. Two months ago, I made a huge investment and had over 2,000 of

our best-selling hoodies printed. But I'm scared this might cost me my business. TikTok

blew up one of our videos, and in just one month, there was over 100,000 people on

our website. The small amount of inventory we had left sold out within just a

few days. Due to the amount of people on our website, I decided to place a bulk order.

I figured once I restocked the hoodies, I would have no problem selling them. Unfortunately, I

was wrong, and now I have no idea what to do. People and companies everywhere began

directly copying my ideas and selling them as their own. A lot of sites were even

Let me just stop it right there. This is a problem when

you don't have a business that has a moat around it. Now, what do

I mean by a moat? There's nothing protecting this business at

all. If she had, for example, trademarked a

logo and she was able to sell that logo on those

jumpers, then that's some level of protection. It certainly wouldn't

have stopped people perhaps copying it because even people now copy

Louis Vuitton, Gucci and Fendi and all those brands.

Anyway, they're copying them and you can imagine how much money those

brands have behind them in order to enforce some level of

protection. So, it's really, really difficult. But

I can tell you, If you're selling on Amazon and

you've got someone there who's counterfeiting your product, Amazon

will step in and help you if you have your brand trademark with them.

Not only were these hoodies everywhere, but they were being sold at prices my small business

can't compete with. I was super discouraged. To be honest, I don't really care that

my ideas were stolen. I'll take that as a compliment. It's more so about the intentions

of the hoodies and why I created them. I'm a small business owner, just doing the best I

can. But unfortunately, this has really affected my sales and growth. I know these

hoodies aren't for everyone, I just need a little bit of help finding the right audience. Please

Look, I've got to give her props though for trying because what's happened

in this situation, hopefully she doesn't completely bury herself, but

she'll learn from this mistake and hopefully move now to a

product that she can have some level of protection and create

that moat around. 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. All right, let's check out the next video.

Huh? It's a good question. I

recommend- Tell us. Staying away from dropshipping in this day and age because

of advertising costs. Yes. The rising advertising costs really fuck

with dropshipping right now. But to be honest, $2,000, you

could start an Amazon brand, you could even start your own private label

brand. It really depends on the minimum order quantity of the product that

you're trying to start. Obviously, if you're trying to sell some sort of electrical equipment, it's

not going to be cheap. You're looking at maybe 200 to 300 units at

$20 to $30 per unit. And so that's already blown your budget. But

if you're looking at a smaller product, maybe some sort of accessory, some

sort of gimmick, you're able to start a business like that. But don't

forget, you also have the different types of branding costs. If

I wonder if this guy's going to come up with my idea. Yeah,

where you could actually start with $2,000 and

start on Amazon. Let's keep going and see if he comes up with it.

And that's a very, very clear thing when it comes to bootstrapped

business is if you don't have the skill set, you're paying money

So it does pay to learn. And that said, he mentioned about doing

a brand. you can get AI now, it can

do your own logo for you. So all those companies that were

previously doing logos and like

company font designs, they're gone now because

AI, you can just type into AI, make me a logo for X,

Y, Z brand and it makes it for you. It gives you like five different options or whatever you

want. And some of my clients are using those AI

tools right now, even with like chat GPT. It's

insane. So this guy is

And I say this all the time is if you can't afford to spend money to save time,

you spend the time to learn so you can save money. And

so with $2,000, most importantly, make sure

you can find a product with a low minimum order quantity for you to test the market. And

that way, even if it does fail, even if it does fuck up, You

don't have boxes and boxes and boxes in your garage. You

have a couple of hundred products, which you can just take to the market

or flog it off on Facebook marketplace. Number

one, get your Shopify set up. It'll probably cost you $50 to $100. Get your domains, another $50 to

$100. If you need to register your business in Australia, it's about 800 bucks

to register your business. So you're already down $1,000 there. You

have $1,000 left for marketing and product. There really isn't much to do.

So his advice so far is if you can start

with $2,000 by pushing it up to $5,000. Look,

I've got to say, I like Alan Foo. He's a good guy. And

his advice for the most part is correct. It's

going to be very difficult if you can't get the right MOQ. But

all the other things that he's mentioned about, for example, starting

up a business, registering it with the Australian authorities, well,

that's going to probably be required anyway. So

you could always have that in place and start new brands after this if

the first one doesn't work out. So it's kind of, yes, it's an upfront cost, but

it's not a cost that you've got to come up with every single time you do

If you desperately only have two, We need to find a business

that allows you to enter at a much lower price point, and there really isn't

too much available in this day and age besides service-based businesses,

because all you need is a website, a social media, and you're able to then

sell it. Yeah, hard to scale though. And not so much a product. for

$2,000, very, very rare, unless you find that hidden gem. So this is just being

realistic with you guys. If you have two grand, the best investment, honestly,

Oh, he's a good, yeah, look, okay, Alan Fu, he's won me over, because

he is right, investing yourself is the key, but There's

only a few more seconds left. I'm going to give him a little bit more time to

see if he comes up with my unique idea. Let's see.

Go buy some books. Go do some courses. Go to some seminars. Even

pay for a mentoring session, to be honest. Get two to four

hours of mentoring from your favorite mentor. that's worth way more

than the business itself actually is, because if you can't afford to do

the marketing, you're gonna be fucked regardless, and your business is gonna

go to shit, your confidence gets shot, and you're gonna be like, oh man,

maybe I'm not designed for business. The truth is, you didn't actually even

Alan Fu, I like what he said for the most part, but

he didn't come up with the idea that I have, which is if you can find

an existing product that's already in the marketplace, you

could take that to Amazon or Shopify. And

potentially, you could do it for easily under $2,000. It really depends on

Next one. made

it serving wealth created elsewhere. I'm in money

management. I opened a hot restaurant. I opened

a private training. I'm a private trainer to rich people, but

the rich people made their money somewhere else. For every one business

in the US, there's 5 million in venture capital. For every business that starts

in Europe, there's 1 million in venture capital. I still think you can be successful in

the UK. I just think it's going to take you 50% longer. You can be

I'm just going to stop it right there because from the outset, he

says the money expert believes side hustles don't

work. But that's generally how you're going to

start your business as a side hustle. For

example, if you're trying to escape the 9 to 5 matrix, I

would not suggest that you simply quit that and start your

side hustle business. I would be trying to do your side hustle

business on the side. It takes the pressure away

from having to put food on the table while keeping the main income

source, which is your 9 to 5 job, coming in. And

if your side hustle doesn't work the first time, you've still got your

main income still coming in every single week.

And that is going to allow you to then start the second side

hustle, the attempt of the second side hustle. Because just like me, my

very first product on Amazon didn't work, but I

was able to move to the second one and the third one, and it was the third

product that ultimately did over $50 million in sales.

in Dubai or Riyadh, and you're going to get to letter D or

E twice as fast. Go all in on

something. Once you find your workshop in your 20s, once you find something you're really

good at, that you could be in the top 1% at. And

here's the key part, as we referenced before, that has a 90 plus percent employment

rate. And 90% of industries have that. But

if you can be in the top 10% of an industry that has a 90 plus percent employment

rate, you're going to make really good money. Try not to have side hustles. If

you have a side hustle, it means your main hustle isn't working. Use side hustle to workshop

new main hustles. But once you find something you're really good at.

go all in on it. Well, maybe that was his spin right there, right?

Use your existing job to find a main

hustle. Now, we call it a side hustle, but yeah, ultimately, you

would like your side hustle to become your main hustle. That's

This is super illegal and I would never do this, but this is probably the fastest

way to make $3,000 in a single day. Don't do this.

This is for educational purposes only. But if you're in a bind and you've

got to make rent on Monday, you can do this right now. All I would

do is I would go to ChatGPT and I would say, ChatGPT, what

are 10 steps for a single mom to make six figures a

year? It would give you a list of things that you can do. Basically take that

stuff expand on it in a Google Doc a little bit and then make

it a PDF like make it look nice Like on canvas or something. Oh, it's

done spin up a website called like milfy mom six figures.com Six-figure

milfs calm then I would go to Facebook groups where

all these moms are hanging out a little hack Women between 35 and

50 will pretty much buy anything, literally anything ever. Then all

you have to do is go into that Facebook group and just write a message that sounds like a human,

doesn't sound like a bot, and be like, yo, ladies, I can't believe this,

but I've somehow just made six figures using this PDF.

You have to try this. It's literally insane. Don't make it sound like a bot. Make

Now, I'm going to pause it there. I'm suspecting that what he's

doing is trying to steal money from people by selling a

PDF document of how someone made six figures. That's what I'm thinking

Let's say and in these Facebook groups make it sound like it's someone else's product and

then just drop the link And the product is gonna cost $29. That's where you're

gonna make it Like I said, a $29 purchase is literally a fucking

no-brainer and you're gonna buy that and if you post in like 10 Facebook groups all

you need is Technically 11 people in

each Facebook group to make $3,000 11 people in 10 Facebook groups

need to buy this at $29 you may need to answer your Facebook

I wouldn't say it's unethical if the information that

you're providing is legit. And I guess from the beginning he's saying, you know,

that's why to have 10 different ways to make money for a single

mom. Yeah, I don't know. I'm on the fence on this one. It

is a good way, I guess, to make money. Can you please try

it? Let me know. All right, guys, that was some very good videos

there and some very political ones, which

I always love to comment on. So thank you very much. If you enjoyed this episode, please

hit the like. The thing about subscribing, would appreciate that. And

I'll see you in the next video. 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

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at I'm Matthew Fraser on all social media