How Ryan Grant Built an Amazon Business That Did $8,000,000 in Sales
I’m always blown away by what people are able to accomplish with their online business.
Especially when it comes to selling on Amazon.
Seeing the amazing success that people have is what makes Daniel and I so motivated to help the students of our Infinity Code program.
Folks like Monika and Dan…
or someone like John who never thought he’d make more than a few thousand a month…
Of course, they worked hard to achieve these results and they continue to do so as the build their Amazon business.
What’s pretty crazy to me though is that people all over the world are having success with Amazon and they do it in a variety ways.
While we specialize in teaching people how to private label products on Amazon…we know this isn’t the only way.
Just Look at Ryan Grant…
In this article on CNBC, he said: “I was putting in about 10 hours per week and I was making in the ballpark of $1,000 per month,”. Once he was able to make the same kind of money reselling on Amazon as he had made at his accounting job, in September 2013, he quit.”
“I was confident that if I had full-time hours to dedicate to selling online that I would be able to more or less scale that up,” Grant says. Just three months later, in December, he notched $9,000 in profit on over $25,000 in total sales.
Let’s recap for a moment.
[+] He was making $1k/month on Amazon in about 10 hours a week.
Ryan is a smart guy and he did exactly what Daniel and I teach.
[+] After he got proof of concept that this worked he doubled down and decided to quit his job.
That’s what allowed him to build a business that did over $25,000 in sales and $9,000 in profit in only his 3rd month.
The profit number is what’s important as that’s what you keep so let’s focus on that.
90 Days to a Six-Figure Profit Run-Rate…
It literally took Ryan only 90 days to get to a point where he was at a 6-figure run-rate.
Meaning at $9k/mo in profit and he’d generate $108k/yr in profit.
Not bad, right?
However, Ryan didn’t stop there.
How Ryan Scaled from $9k/month to $8,000,000 in Sales
Now, this is where things get really interesting and where we see a lot of people make mistakes.
After early success, Ryan knew that he could scale this, however, he also knew that what got him to $9k/month in profit was going to get him to $200k/month.
People often think the same things that get you to six figures will get you to 7 figures or even 8 figures a year.
Sometimes it’s the case but most of the time it’s not.
Here are 3 reasons why…
Reason #1: at first you usually are doing everything yourself. To scale you need help. That’s what Ryan did…he now has a team of 11 helping him grow his business.
Reason #2: when you hire help and you scale you NEED to have your systems and processes in place. This is essential to your success and why Daniel and I always teach people to follow our proven system and leverage ALL of our Key Performance Indicators taught in the Infinity Code.
Reason #3: tracking becomes essential. Especially for someone like Ryan Grant who is doing retail arbitrage. He needs to know his exact profit numbers after everything on each product he sells. Because he can’t rinse and repeat the same products over and over this is ever changing, but still 100% essential to success.
With private labeling and other ways of selling on Amazon this is easier because the numbers don’t change so much.
That’s why Daniel teaches using KPI’s for your Amazon business in our Infinity Code program. It’s the key to scaling properly and remaining profitable.
Now while I must commend Ryan for his success in selling on Amazon I’m not the biggest fan of his business model of Amazon retail arbitrage.
Why I Think There is a Better Way
There are 2 big things that I don’t love about this model.
#1: I believe the model is flawed because your product line is ever changing. This makes it harder to scale and you can have ‘hot’ products that lead to big spikes in sales/profits but inconsistent months.
#2: It’s a much harder model to scale because it involves someone going to the store to get a product and there are lots of moving pieces vs shipping from the manufacturer direct to the supplier.
That being said I think the model can be a starting point and of course, it can scale, but there is a better way.
We believe private labeling physical products is the BEST long-term solution.
However, there is another method that you should know about.
How 517 ‘Test’ Students Did Over $125,000,000 in Sales in 2017…
What if I told you there were a group of folks most of which had never sold on Amazon or struggled to sell on Amazon before that took a simple rinse and repeat method to sell over $125,000,000 on Amazon in 12 months.
I know it sounds crazy and maybe even a bit like hype.
Yet it’s true.
Take Nigel for example and how he had his first $10k/day…
Or how about this $3,000,000/year proof from someone who never thought that’d be possible…
Or Liz who failed at every other way of selling on Amazon yet did $140,000 in a month with this method
And Michaela who was able to generate over $60k in month after ONLY 4 months…
Here’s the Best Part…
Each one of these folks did it WITHOUT the 3 biggest holdups people have when it comes to selling on Amazon.
[+] No crazy amounts of product research
[+] No paid ads (This is HUGE)
[+] No optimizing Amazon for organic rankings
So you might be wondering what did they do?
Well, it’s pretty simple actually they followed a simple and proven 7-step process and you can download a mindmap of the whole process right here.
Here’s a preview of what the mindmap looks like…
Click here to get access to the mindmap (expires soon) <==
Once you download the mindmap you’ll see that it’s pretty simple to follow.
But here’s how to get even faster results.
Some of my close friends are holding a LIVE training class to walk you through the exact 7-step system you see in the mindmap.
This is going to be a life-changing call for a lot of people and I highly recommend you register for the class here.
How can I be so confident?
Simply put these guys know what they are doing and they have the proof to back it up.
In 2017 alone they did over $5,000,000 with this strategy…here’s the proof:
Get Registered for the LIVE Training Class Here
Now on the class, you’ll learn…
- How 517 of their *test students* (who had little or no experience) collectively generated over $125MM in 2017 using the 7-Figure Cycle system.
- A case-study of one of these test-students who pulled in an astonishing $3.04MM in his first year of business (you’ll see conclusive PROOF).
- How you’ll get a proven “ready-to-go” product (on a silver platter) so you can short-cut your way to rapid results.
- The secret weapon they developed that identifies weird but highly profitable products that most sellers IGNORE.
- How to tap into the MOTHERLOAD of ZERO-cost traffic we used to generate over 850,000 visitors in just ONE month.
- The *master-key* to the 15-Day “Compounding Cycle” (This is a critical component of the 7-step system).
- The very first step you’ll need to take to get up, running and building your own cash-flow positive business in just 30 days from the date of this live session.
Here’s the link to register for the live training class <==
Rating: [yasr_overall_rating]
Get Social