to start an amazon FBA business you need to have money how much I'd like to say
around $3,000 and that is really good to know but what
if you don't have $3,000 to get started but you still want to start the business
then what do you do what's going on JC Franco here the no bullshitting Amazon
seller if you wanna learn about Amazon FBA without BBS and the hype then you've
come to the right place all right if you're already an empire builder
welcome back hopefully your empire is going strong now if you haven't started
your empire yet is money holding you back and if it is let's talk about how
we can crush that problem now number one question about Amazon FBA is how much do
you need to start right I see the whole time most of you probably wonder that at
one time or another and I've cover this before I always say around three
thousand dollars is a good safe bet a nice starting point to get things
actually going okay but if you don't have that money what can you do keep so
what we do we're gonna get down to the nitty gritty the stuff that you can
actually do that's gonna work to help you save up to get that money to get
going okay now if you're looking for a list of like ways to make a hundred
dollars in your sleep waste you know make three hundred hours by listening to
music ways to make five thousand dollars are you taking a shit then this is not
the place to or the video for you you can go look for that kind of stuff on
the unrealistic expectation category on YouTube is not gonna be fun is not gonna
be exciting it's not gonna be a sensational list but it's gonna be
effective so if you're actually gonna take a serious thing you actually want
to start making money on Amazon then make sure you follow these steps and go
along with me first of all if you want to have more money okay there's two
always gonna be two steps first you can make more money or two you can spend
less money and save more money what I'm gonna cover first is saving money
because I know that's something that we can all do now I don't buy into the
penny pinching you know cutting cost your whole life to be the millionaire
next door kind of deal but sometimes at the very beginning it's
just what you need to do to get started okay so how can we save more money first
thing we do write a list write down a list of all your expenses okay now I'll
actually take this series if you're gonna actually do this you actually want
to do this and move forward into the new year into 2020 and kill 2020 let's do
this okay just do it get a pen get a paper again
an excel sheet write down all the expenses I just print out your backs
aiming right on all expense that you have
on a month-to-month basis and then write down your income okay now once you got
that list done what we're going to do first step cut out the unnecessary
things okay and unnecessary meaning you do not need it to live okay if you do
not need it to live and survive then it is unnecessary that means Netflix
Spotify right maybe Amazon Prime all these monthly expenses that are luxuries
right these are things that you don't actually need but have just been
accustomed to we've just started taking for granted cut those out okay now I
know no that sucks that's brutal I don't want
to do that that doesn't sound fun it's not worth it well if that's the
case we don't think it's worth it to cut out some of these luxuries to go build a
business that you can you know make six seven figures over the course of one
year two years whatever it may be you know then that's your call go ahead and
go back to Netflix but if you're gonna take us seriously then let's go ahead
cut those out and once you cut those out let's see you know how much have you
saved maybe it's 15 bucks maybe it's 20 some
of yous gave me a few hundred bucks just on those luxury things okay now once
we've done that let's relook at the list what expenses are left okay the things
that you've deemed necessary to live so food your car insurance your your
mortgage your internet now these are things that you're gonna need especially
you're gonna need to go ahead and launch an Amazon business you're gonna need the
obviously Internet so let's look at those and now let's cut those costs down
let's go call them up call the companies and negotiate those bills down you're
surprised how low they're willing to go how much leeway that actually is with
this phone bill even paying for the last year the last six months if you just go
hey you know Rogers I'm gonna or whatever in America AT&T I'm actually
gonna go ahead and cancel and move to another you know as a supplier or
whatever you call it if you don't give me a better price boom all of a sudden
you got a better deal now you cut off a lot of excess expenses off of these even
the bills you deem necessary so breath the bat we took out unnecessary things
the necessary things we lower the costs on those and finally the final sacrifice
is just cut out the unnecessary fun right cut out the things that you are
doing your weekend stuff that you don't actually need to do going out for fancy
dinners or watching movies and partying or whatever it may be the things that
aren't actually necessary cut those out of your life and you'll be surprised how
much you'll save by just cutting out Entertainment costs all right
now I know it might sound like you're gonna be living a pretty bleak life for
a little bit but again and that comes down to sacrifice no matter what you try
and do there's always gonna be a sacrifice that you need to make to make
that happen and now that you've cut out those things not only will you be saving
a few extra you know a hundred two three four five hundred dollars every single
month you'll also have gained a lot more time by cutting out the bullshit right
no more Netflix more time to grind no more you know going out and watching
movies more time to grind no more weekend fund then now you got more time
to grind put your mind to it and you can do it and if you do that you're saving
money you're gaining time you're putting that time and investing that time into
creating your business then you'll be moving way faster at a speed that you'd
be surprised you know how fast you can actually how much progress you can make
in that much time and finally a way to make more money without having to go out
and you know try to do silly gimmicky things or you know have to try to get a
second job by the way if you want to get a second job go for it - that'd be great
you know you have more time on the weekends now get a part-time but if you
want just go flip some stuff do the garyvee model go out the Craig's let's
go to face book marketplace get some stuff for you know free - ten dollars
and then go resell it especially those are for those of you that are younger I
know you know my audience you guys are a little bit you know older older than me
I'm sure all you have a job most of you if those of you that are younger you
know that don't have a job or you know don't even have that many expenses that
cut out in the first place doing something like flipping it's gonna be a
great way to kind of build up capital okay so if you do all these things
you're cutting expenses down you're you're optimizing your time maybe you're
doing a little bit more to gain a little bit more income then you know within a
few months you'll have 3k - go ahead and invest into Amazon FBA - business and
you can actually start making money and then as you start building and building
and building you can bring back some of the fun stuff that you cut out this fun
stuff that you sacrificed that helped you get to where you want to go and the
last time I touch on this because I got a question on this recently what about
credit can you use a credit card do you launch it out of a business yes you can
but just know I'm not gonna recommend it because of course there's added risks to
doing that however it is what I did I went ahead and I used credit to launch I
spent like six other girls on credit but then again note that that failed
I lost some money and then I had to get a loan dig myself deeper into debt to
you know all or nothing at that point and you know it worked out for me so
that's good I mean you can see that as a scary failure story or you can see that
as a success story it depends on how resilient you are if you know you fail
on $6,000 credit you're not gonna keep on going maybe two you have to fail your
story if you know you're gonna keep on pushing through and do whatever it takes
to make it work the way I did then of course that is gonna be a success story
so it's all about the perspective should you use credit you can but you know use
it at your own risk if you have a great points card that
also is a benefit you know I've got a lot of travel points now for you know
buying inventory and in vying PPC with my credit card so you know where the
pros and cons I'm not gonna say yes or no but it's something you can do
it's something I've seen people do be successful with it but it's also a
bigger risk if you fail to do that so I would say at least save up a little bit
of money do you know prove yourself you can sacrifice some of this stuff to make
sure you got you got what it takes to make this business work because most
people don't want to do the things they know they should do so if you can do
those things then you're gonna be on your way to success another thing that
you know you should do is probably hit that like button for me so please if you
are that kind of person that's gonna go push for success push it like button for
me if you enjoyed this video and then click that video right over there from
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my free masterclass I'm gonna cover a lot of cool secrets that you're gonna
need to show up too to see all right that's it I'm Jesse Franco and do not
forget that your empire the way