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I want to tell you some of the key things that have helped me to

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achieve $50 million in sales. The number one thing

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is why would you buy an existing Amazon FBA business?

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You're going to fast track your wealth creation. Did

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you know if you take your product and you take it to another country, the reviews follow?

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Are you serious? I even spoke to someone yesterday and he's like, Matt, I didn't

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know that. Why is that so powerful? It's because how do I even find

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a product? There are some hacks on how to do that. A

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lot of people don't know about this. First thing would be... I'm

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Matthew Fraser and this is Amazon Ecom

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

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millions in debt to an eight-figure entrepreneur. If

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

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let me show you the way. Hey guys, welcome to this episode of

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Amazon Ecom Secrets. My name is Matthew Fraser, and

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I thought I'd do something really different today, and

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that is to do the episode from the road. If

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you've been tuning into this, to

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my channel for a little bit, you'll know that I

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freaking love cars. So what a perfect

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synergy. We can do the Amazon e-comm secrets and

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drive the cars at the same time. Because one of the things

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about being an entrepreneur and having a business and and

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basically just being busy, as I don't get as

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much time to drive the cars as I would love. Now, in case you

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want to know, the car that we're in right now is my

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latest acquisition, and I purchased this car

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about seven months ago. It's a Mercedes-Benz C63S.

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which is a V8 twin-turbo, rear-wheel drive, 21 model,

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weapon of mass destruction. This thing is

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insane. I have always wanted this, and I guess the

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reason why this car really is probably so

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special is I used to have a picture on my

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whiteboard I printed the picture out, put it on the whiteboard, and

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it was during the time that I was selling off all of

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the stuff I had in the house when I was going through really, really

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tough financial difficulty with the restaurant. Things

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were just imploding around me, and I was selling everything on eBay that

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wasn't nailed down in the house. And I just

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remember thinking, that's my dream car there,

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the C63 S. And I thought,

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one day I'm going to get that car. One day I'm going to

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get that car. So all the things I was selling, It

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became irrelevant, but it was a means to an end. It was a means to

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an end to build up some cash flow, to help pay some bills. At

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the same time, I was also spending money

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on building the Amazon business, buying stock, trademarks,

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just a range of different things associated with that. Getting coaching, that

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was a big one. I spent money that I didn't have, right?

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Which was in the vicinity of $20,000 to $30,000 on Amazon training.

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So during a period where I didn't have any money, I actually put that on credit

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card and sold some stuff around the house. So this

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car now just makes it, I think, a little bit

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sweeter knowing that it was on the whiteboard, it was a dream, and

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now that I've done nearly, I think I've just crossed over roughly

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$50 million in sales across Amazon, Shopify,

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eBay, and a range of other things across the world, to now

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be able to go out and buy this car, And

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it sounds freaking amazing too. This V8's nuts. But guys, I don't

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want to rape about car collections all day. I want to tell you some of the

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key things that have helped me to achieve $50 million

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in sales. If you're someone who's watching

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this video and you're thinking, You know, you're struggling to

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make ends meet. You're probably, you know, your electricity bills, the mortgage

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payments are through the roof, rent's through the roof. And you're just trying to think,

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how can I pivot to bring in more money? I've been exactly

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in that position. I was struggling financially. And

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so the number one thing, you're going to be like, Matt, what

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is it? What is the number one thing? And it's not a

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magic pill. But what I can tell you is

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that the changing point for me that sent me on the

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trajectory to $50 million was

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getting mentoring, getting training, spending money

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on myself. Up until that point, I

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had no idea really what I was doing. So

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by tapping into someone who's ahead of you in the

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space that you want to go in, now it could be Cryptocurrency,

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it could be share trading, it could be property. In

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my case, it was getting a business like

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Amazon where I could just put a product into

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the USA at the time. And Amazon basically

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took care of the rest. They sold the product to the customer, they

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delivered it to the customer, and I just got money in return. And

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I thought, wow, what an incredible business model. This is nuts.

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Because before that, and I still have this restaurant business now, actually, things

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came good again over time. But the restaurant business, You

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know, you've got, obviously, it's bricks and mortar. It's got minimal

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margins. You've got a bucket load of

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fixed costs, including staff. And

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it's brutal. It's brutal out there. So I hear what you're saying. So that's

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the reason why I loved the Amazon business model was

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because of those reasons of the automation. And I can really

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sell to anyone across the world. And I can sit in my

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comfy home in Terranora now and

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just watch the money tick in. In fact, on my phone,

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which I've got an app on there, and daily I can check the

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sales. So if you're thinking about going to Amazon, do

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it, but the key is to get training from

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those who have gone ahead. Now on that note, yes, I do offer

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training to people. There's really two

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tiers in case you want to know. One is, I

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want you to see as a beginner, are you going to be

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ready for this journey? And so what I provide in my community

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is you can come in there for literally 49 US dollars

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a month, so it's basically free. There's a

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bunch of information about how I was able to achieve the sales I've got,

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but really, I want you to take action, okay? I don't want you to just read through all

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the documents, right? I want you to take action, and I've got this mini

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course in this called the Amazon Launchpad mini course, where you

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can launch on Amazon within five hours. Right,

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totally insane. And the reason why that's so powerful is because it's going

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to cost you probably under $10 to do it, and

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you're going to get a taste, as in when I say $10 to do it, literally

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$10 to launch a product on Amazon, so

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that you can really see Is this

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the thing for me? Because I'm not saying that Amazon's everything, right?

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As I said before, cryptocurrency, share trading, property, whatever. There's

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many different ways to make money. I'm just going to share the way I've

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made my money, right? And I want you to

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experience that though without having to spend thousands

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and thousands and thousands of dollars on either mentoring or

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training or anything. Okay? Once you've had

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a taste, you can then make up your own mind. Hey, is

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this something that I want to do? And if it is, fantastic.

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And if it's not, then you can just walk away and it's cost you basically probably

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less than $100 in total. Okay? Which

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is a very, very small price to pay to figure out if this is what you want to do. And

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then, so, the second thing that I also provide is for those people

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who are inventors, who are already selling on Amazon, brand

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owners, manufacturers who have product, they

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can come to me and I can either do two things. I

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can train them on how to take their product to the next level.

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That might be, for example, they're already in the USA and they wanna take

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global. I've done exactly that. Okay, so I can teach

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them how to do that. That would come under a mentorship program, one-on-one training.

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and the other pathway would be particularly for inventors or

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brand owners who perhaps do not want to do it

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themselves, I can do it for them, right? I do it

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in a kind of like a partnership type of arrangement and there's many

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ways of seeing that cat. So my community offers a

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variety of things for people at different stages. So

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what's the next thing I'm going to say is another

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bit of advice that I would give. One thing is, you

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have to take action. There's so many people

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that I know that are what I call serial

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seminar people, serial training program people.

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And all they do is go from seminar to conference

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to training program to buy this, buy that, learn

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how to do Facebook ads, learn how to do TikTok ads, learn how to do Amazon,

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learn how to do eBay, learn how to do property. but they never actually

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pull the trigger and do something, okay? And

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that's why if I go back to my program, I can get you live within

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five hours with literally like 10 bucks, okay?

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And you get a taste of it, right? And at least then you would actually have taken some

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action in that space,

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right? So I'm gonna give you a bit. And you know what I also hate is

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people who sit in the right-hand lane on

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the freaking highway. So guys, that's why it's so important that you take

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the action because then you're going to get the experience. Experience brings

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knowledge and knowledge brings power because then you

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can make other decisions, yeah? I just want to give you just

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a quick example of something. One of my clients right

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now has actually launched his very first product, sold

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through 100 units, okay? And on

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Amazon. He's launched his first product on Amazon. But I've

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said to him, look, just because you've done this doesn't mean

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that we're married to Amazon. I don't care what you guys do, right? Amazon

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is just a tool to make money, yeah? But his

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next step, because he's done this, the next opportunity for

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him is that he can go and buy an

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existing Amazon business. And you're gonna say, Matt, why

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would you buy an existing Amazon FBA

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business? And the reason is, you're

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going to fast track your wealth

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creation. That's basically it. Now, let me explain it.

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If you start a product today, it's going to take time to

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build up the reviews, to build the sales, to

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optimise the listing, to just

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dial in everything, okay? Might be as

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you increase your MOQ, you can increase your margins, right? This all

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just takes time, yeah? It doesn't happen overnight.

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Now, How can you make it happen overnight?

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You basically can fast forward. So pretend it's 5 years

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or 10 years down the track and you've got your product and

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it's fully optimized. It's got 6,000 reviews.

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Now you're doing, let's say you're doing half a million dollars a month in

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revenue. You've

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just truncated the time, because that's ultimately what

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can happen for you if you start now and into the future. But

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what you can do is get rid of all that time, we're just gonna go skip that part, and

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we're gonna buy an established business that's already trading, already

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making profit, already has all the reviews,

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the listing's optimized, and that's how you can straight

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away start making profit. And that might be a way

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for you to get out of the

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day job that you're in, right? And people don't even know about this

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stuff. And that's why, if you're listening to this, hopefully

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your mind is just thinking, holy shit, I

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could actually just, now however you get the money, I'm gonna

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get to that in a second, but you could go and buy an

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established Amazon FBA business, and

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FBA means Fulfilled by Amazon, which means they stock the product for you

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and then they ship it for you, right? You can go and do that today,

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Let's say your profit is $50,000 a month. That's it. You can now live off $50,000 a month profit. That

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is the short version of that's how it could work for you, right? And you can get out of the

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9 to 5 matrix job that you're in and start living life

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on your own terms. So now, I've just given you the little nugget of

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how you can leave the matrix. But let me take it

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one step further, and this is exactly the same advice that

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I gave my paying client yesterday, okay?

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So this is free for you today. And the trick

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is that let's say you buy an established Amazon business. Now,

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most of these businesses are based or operating

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in the USA. And in case you don't know, people

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who live in the USA think that the world revolves around

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the USA. Okay? That's just a matter of fact, right? And

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so therefore, what they do is they don't take advantage of the opportunities that

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are outside of the USA. So generally speaking, you

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come across this business for sale, it's only operating in the USA, the

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very first thing that you could do to increase sales and

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profit is to open up that same Amazon product,

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as in launch it, into the UK, launch

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it into Australia, launch it into Canada, launching

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into Mexico, there is a pathway of what I would suggest in

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order to maximize the expansion of your

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product and your business. And that's something that I offer within my training. But

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that is just one little tip of

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how you could take it, let's say, from doing a million dollars a year to

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then take it to do, even if in the UK it just did

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half a million dollars a year, and in Australia it did half a million dollars a year, there's

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another million dollars a year, right? You've just doubled the

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revenue, and hopefully doubled the profit, right? Because

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now once you're buying more stock for these other territories, you're gonna go

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back to the manufacturer, what are you gonna say? Hey, I'm gonna buy

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more stock from you, I'd like to get a better deal on the stock

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price. Yeah? And that alone could

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maybe increase your profit by 5% to 10%. Right? That's

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powerful stuff. Now, I'm going to tell you one thing too. Now,

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for those of you who are not on Amazon yet, it probably will go straight over

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your head. But if you're someone who's already on Amazon and

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you haven't expanded to other territories, this is going to be gold. Did

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you know, if you take your product and you take it to another country, The

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reviews follow. Now, if you're on Amazon, your

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mind's blowing up right now. If you didn't know that, you're like, what the, are you serious?

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The reviews follow from USA to other territories. Okay,

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because I even spoke to someone yesterday, telling him

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this same information. He's like, Matt, I didn't know that. I

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thought if I launched in another territory, the same product,

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that the reviews had to start from zero again. I'm like, no dude.

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That is not the case. You get to carry over the

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reviews. Now, why is that so powerful? It's because reviews

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equal money, okay? The more reviews you

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have, the more sales you do. Do the experiment yourself.

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Go on to, oh, you probably won't know, but if you're someone

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who's selling on Amazon already and you've got some sales tools, like Zonguru,

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where you can go deep into the listings and see how much revenue

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and how many reviews they've got, Do that exercise right

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now. Go on, find some products that have got high

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reviews and see how much revenue they're doing. Compared to other products

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in that same category, you'll find that they sell far

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more. And I'm talking sometimes it could be the difference of half

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a million dollars a month compared to someone doing $20,000 a

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month. Because the one doing half a million may have three,

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four, five, 6,000 more reviews. Reviews

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equals trust for the customer. And that's why people

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default to the one with the highest amount of reviews, right? Because keep

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in mind, they can't walk into the store and pick it up and touch it. They can

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only rely on looking at the Amazon listing. Powerful

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stuff. And now you can see just some of the opportunities that

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are there to grow your portfolio of

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territories around the world. I haven't even talked about going to eBay or

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Shopify, right? I'm just talking about just Amazon. You can

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become a multi-multi-millionaire just on Amazon alone. So

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that is powerful, powerful stuff and a strategy that

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many people don't even know about. Here's another strategy that comes

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up for my clients because, well, the strategy that I tell

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them because this issue comes up for my clients a lot and

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that is, how do I get funding? Right?

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Because I just mentioned before about, hey, you're going to go and buy

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this, perhaps this Amazon-based business, and it might cost

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half a million, million dollars, depends on the revenue, of course. And you're going

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to say, oh, Matt, but like, you know, I couldn't possibly do that. I've

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got no money. Now, I want to say stop

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telling yourself that. There is so much money in

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the world. It's insane, right? It's because you

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don't have any money. So you think that there's no

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money around, right? And it's that small-minded thinking.

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And I don't mean to be rude and say that you've got a small mind. I used to think

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the same thing. I was always, I'd be like, oh, I couldn't possibly

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do that, I've got no money. And I hear this so often. I

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even hear people say they can't do mentoring or

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they can't do training or whatever because they've got no money. And

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here I was, and I don't want to be rude to them

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and say, well, why don't you sell stuff around the house? But

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because it depends on how bad you want this, right? It depends on

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how bad you want to break out of your existing financial

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situation. For me, it was freaking everything. My

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back was up against the wall so much that I had

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to do it. But I think Some of the downside

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I see with people, and I know I'm sidetracking here before I get to the strategy,

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but the downside is that they're

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too comfortable, right? They're too comfortable. Their

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bills are getting paid. They might be struggling a tiny bit, but

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it's okay. I don't want to have to put myself out there. I don't have

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to sell anything in the house to pay for some new training that's going to help me

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make millions of dollars, right? I'm like, are you serious? Okay,

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fine. Stay in your comfort zone, right? But don't complain. That's

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the thing, right? Don't complain about, oh, you really want

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the Mercedes or whatever, right? You really want a new house. You want to

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make millions of dollars. Okay. The

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strategy is that there's money everywhere,

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okay? Now what I've done in my community is

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I provide an incredible document.

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It took me months to put together. It's 102 innovative ways

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to fund your business. 102! Now you cannot

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tell me that out of 102, you're just like, oh no, I

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couldn't possibly find anything in that. No. And

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so if you come into the community, You're

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going to get that document for free, right? And you can go through and look at

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all the different ways of how to find money, okay?

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Now, I will tell you, there's no free money, okay? So

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don't come in thinking, oh, it's just going to appear in my bank. No, there's things you're going

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to have to do, but if you don't know, then how

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can you possibly even go and do them, right? So that's why I provide you those things. And

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that's why you can use that document to get the money to

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then get the business, the Amazon business, for example, which

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will then get you out of the nine to five and you're on your way to

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creating the life of your dreams. And can I just say this

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too, the life of your dreams may not be Mercedes-Benz and

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car collections. That's totally fine. Yeah. And

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it's really just up to you. It could just be something really simple. Like

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I don't have to show up for a boss every day and I can afford to

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pay the electricity bill without having to put it on a payment plan. That

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could be your dream life. And if that's for you, that's freaking

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amazing. Yeah, I know I

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would have loved to have just been in a position where I didn't have to put bills

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on payment plans or in my case, I

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had to put GST on payment plans. It

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was like for freaking like six years. I'd bring up the tax office

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and put them on payment plans because missing out the cash flow in

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the restaurant. So that is,

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there's no stopping you now, guys. There's no stopping you, right? Come and

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join the community. and get amongst it and

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get the tools, get the knowledge to get the power to

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set up a life on your own terms. I'm going to tell

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you now, you don't have to come to the community if you don't want to, right? It's

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only up to you. But I'm going to give you some gold anyway, right?

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And that is where do I find these Amazon businesses? And

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you won't believe this, but there's actually

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like brokers, business brokers who specialize in

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online businesses, not just Amazon businesses,

Speaker:

but content sites, SaaS businesses, which is

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service as a software, affiliate-based businesses,

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dropshipping businesses. There's a range of different business models, and

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these brokers facilitate the transaction between

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you and the seller, right? They guide you through it. It's

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all done properly. And these guys have been operating for years

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and years. I remember when I got into the space back in 2017, that

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they were around back then, right? So they're trusted. And

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so what are they, Matt? Please tell us, where can I go look? Three

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places that come to mind right now. One, empireflippers.com.

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Two, flipper.com, and that's F-L-I-P-P-A.

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And the third is Quiet Light Brokers,

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right? Go to Google, type those names in now. Empire Flippers,

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Flipper, Quiet Light Brokers. And you

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can go in right now and just start filtering through the

Speaker:

different business. The information it's gonna give you there is A,

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what is the business method?

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In other words, is it gonna be Amazon dropshipping or

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affiliate, for example? So the monetization, it

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may even say what categories, is it in healthcare, is

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it in automotive, is it in clothing, right? They'll have

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all that. And it'll also give information about

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the cost of the business, how much money in

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profit it's making. And if you're willing to

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put in your details, and I suggest you do, so you load up your own

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information, right? You get qualified by these brokers. You

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can even go one step further and give them like

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a bank statement showing how much money you've got, right? So, you

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know, I'm not saying that everyone watching this is poor, right? There'll be people watching

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this who have got money. you'll upload your bank statement, let's

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say it's a million dollars, you'll then have access into every

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business for sale that's a million dollars and less, right?

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And when I say, I mean, look under the hood, you can get the P&Ls, you

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can find out if they're on, if they've got a Shopify store, if they've got

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a trademark, a patent, you can actually find out exactly what

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the product is. It'll even have the Amazon listing right

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there. So you can find out straight away, boom, what are they

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selling? I know

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Empire Flippers even has interviews on some of their listings, interviews

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with the sellers, so you get an understanding of

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why they created the business, why they're selling. Now

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just to give you an example, it was an Australian lady

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who had created this blow-up bed for

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aircraft, right, for kids, right? So you blow it up and it sits on

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top of the aircraft seat. And it was doing $150,000 a

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month in profit, right? Now, it

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was selling for, I think it was about just

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under $6 million to buy this business. Now,

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the product was patented, trademarked, it's got

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existing sales, and I thought, wow,

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what an incredible business to buy. What was the

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opportunity with that business was they weren't even

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on Amazon at all, right? They were only making sales

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through like a Shopify store. That's

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one what I saw the other day. Now, let me tell you about another one which I thought was really interesting

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as well. It was selling nail scissors, right,

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of all things. How freaking boring is that? Nail scissors. Now

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that is, if someone came to me and said, oh Matt, I'm gonna sell nail

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scissors on Amazon, okay, it's an Amazon-based business. I

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say, absolutely not, that's totally, that's insane, right?

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Because you're competing with it, and they're like, there's hundreds

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of nail scissors on Amazon. But why

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I thought this business was so good was because it already had

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listings, the products already had thousands of reviews. So

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they've already been in the business for years and years and years, built up

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a customer base, built up trust with the Amazon customers.

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They had the sales, and that's the only way

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I would buy a boring, generic type

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of business is if it was already established. I

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would never go in and start from scratch on something like Now Scissors. Now,

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could you do it? Yeah, you could. Absolutely, you could. You could

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be like, no, Matt, these analysis are the best. They've

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never been seen before. I'm going to start from scratch in the Amazon marketplace

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and I'm going to compete against all the other guys. Well, one, you're

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going to have to start selling them for like a dollar to compete, right? Because

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you're going to have to be a reason to buy and because

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you've got no reviews. And the other thing is

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you're just going to have to put in an absolute truckload of

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marketing dollars. And I have

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actually seen people do this, and that's why I would say it's

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a big mistake. Don't make that mistake. Thinking

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that you're going to go into Amazon and compete against established sellers

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in something like Narcissus that is super boring, where you have

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no differentiation point whatsoever. Don't

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make that mistake. So guys, the next thing that

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comes up all the time is, how do I even find a

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product? And I can tell you there are some hacks on

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how to do that. A lot of people don't know about this, but

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first thing would be there is software that you can now go out

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and use. It's been around for a little while, but it was certainly improved

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over recent years too, especially with AI. And

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you can get this software and it will go into Amazon and

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basically hunt down products that it thinks are

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going to be winning products. And this software is cheap.

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I mean, some of it's like 50 bucks a month, 100 bucks a month. Not

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only does it tell you what products it thinks are good to sell based

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on profit margins and opportunities scores,

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you know, like based on existing sellers and reviews and things like that. But

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it will also tell you, you know, what are the existing sales

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with certain sellers. That's incredible. So it

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does like pull back the curtain on what the other sellers are doing. So

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that's the first thing. The second thing is you

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can actually outsource the

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product research. How do we do that? One, go to Fiverr, type

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in product researcher, and a whole stack of

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product researchers will come up. Now, what I would do

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is I would contact maybe five different researchers and

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just spend some money with them, right? You want to get a feel for

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how these guys operate and what sort of information do they give

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back to you. This is really important for people who are also quite busy

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because product research takes up a lot of mental space and time.

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And if you're lacking in time, but you want to keep moving forward to

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get ideas, then you can outsource that product research. Because these

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guys that do this, they will also present to

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you products that you'd never even heard of, right?

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And you would think, you do the same thing. Wow, I never even

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thought of that product. And that

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could be your winning product. The product that you never

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thought of and it may have cost you like 50 bucks to find by

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someone on Fiverr. Maybe you're watching this video right

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now and you've got money sitting

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in the bank. I know someone right now and you think no

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one's got money, but look, trust me, there's people out there who have got money. A friend of mine right

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now has literally seven figures sitting in the bank. And

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he's like, Matt, what should I do with this money? And there's so many

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things he could possibly do, including, of

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course, an online business, which is one of my favorites, of course, whether it

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be Amazon business, Shopify business, it

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could be a content site, affiliate marketing, could

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be any one of those types of businesses. It could also be property,

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it could be share portfolio, or even Bitcoin. But

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depending on where you are in your life, you may want to get

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cash flow. And property

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to a degree is going to be difficult to get cash flow from because it

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probably will be negative cash flow at this point, unless

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you're paying cash. The Amazon Shopify

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type of business model is really powerful because it

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could generate you returns of 20% plus per

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year. that you're not

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going to get that in property. Now, even though I say, yeah,

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go invest your money into Bitcoin, the problem with Bitcoin is

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it doesn't generate cash flow. Now,

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if you're super into crypto, you might say, oh, Matt, yes,

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you can go and put it in a staking pool somewhere. Yeah, you

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could do that. And you might get 5%. Okay,

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but it comes with a lot of risk because you're giving your

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Bitcoin now to another entity and praying that

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one day you're going to get that money back or that Bitcoin back. And

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there's just been too many things in recent years where, unfortunately,

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companies who have taken your Bitcoin, whoopsie,

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sorry, it went under. Sorry about that. Oh,

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can I get my Bitcoin back? No, no, that's vanished. Okay. That's

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why I like to operate in scenarios where you're in

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more control, right? I self-custody my Bitcoin.

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I don't give it to someone else to stake, so that's one thing. But

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I'm also in control of my business. It's up

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to me what I do to generate the cash flow, which

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ultimately gives me more power. and really more

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freedom. I understand if you're one of these people who are thinking about you

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want to make changes in your life, and because it might be

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your financial position, you want to make more money, you want to live in

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a nicer house, you want to have your kids, let

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them go to a better school. These are things that are really, really important

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to people. But I can tell you, one

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of the top things that prevents you from taking action is

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listening to other people. other people's negative

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attitude on you. Because I

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find that ultimately people aren't

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happy for you if you want to do well.

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When you're struggling and they're struggling, they're

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best friends, yeah? Because you can struggle in misery together.

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But as soon as you step out of that zone and you're

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like, you know what, I've actually decided I'm going to go and do an Amazon business

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or whatever. I'm going to start making more money. At that point,

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they'll probably encourage you a little bit. They might say,

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oh, I don't know, I've heard some negative things about that, but you know, good

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luck with it. But ultimately, when you win,

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they freaking hate it, right? Because it's a reflection on

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them, because they think to themselves, wow, I

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should have taken action too. And this other person did. And

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now, so now they feel inferior, okay? Because you

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were at the same point, and you went off and did something that

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they didn't have the balls to do. Because I know, when

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you're going into this business world, and

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it doesn't matter whether it's business, investing in Bitcoin, or

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investing in property, It takes balls to do it,

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right? And because everything comes

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with risk, you could start an Amazon business

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and it could fail, okay? I don't want to sugarcoat it

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and say everything Amazon is fantastic. I've done plenty

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of products that didn't work out. In fact, my

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very first product didn't work out, yeah? But that didn't stop me

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and I was very, very lucky because I've got an incredible wife

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who is the number one clearly the

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number one person in my life, the love of my life, but

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she's very, very supportive. And when that didn't work out,

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she didn't say, oh, you're hopeless, what

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were you thinking, spending all that money on that product and that training course

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and it didn't even work out. No, we just pivoted, right? Because

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I've got the knowledge, I just have to optimize

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it, just maneuver a bit to then get

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a better product. And that's ultimately what

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I did. I went to a better product, which has now led

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to $50 million plus in sales, and

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it's completely changed my life, right? And

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guys, so if I could just say this, you

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could be one product away to becoming a multimillionaire. So

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isn't it worth paying 50 bucks or 100 bucks a month to get