Firstly, you should know that there are over 2 million registered sellers already on Amazon.
Secondly, due to the sheer size of Amazon, the students which join the Reliable Income Academy will not affect your ability to run a successful Amazon business.
We teach people how to increase their chances of success in the current market (which it should be noted, continues to grow at double-digit growth year on year). In fact the power of the Reliable Income Private Facebook community means that we don’t compete with each other, we actually help each other to succeed. It's a collaborative sharing of granular, proven strategy that helps everyone accelerate their success.
Further, you may find this video from Adam helpful:
This was part of a public Facebook post that Adam made. Here is the content of that Facebook post and the link to the article he refers to is at the bottom of this answer.
90% of Amazon sellers quit within 90 days. New data shatters the illusions created by many Amazon course sellers...
Bull markets occur in property, stocks and business opportunities alike. When they happen, people rush in quickly and experts like me who sell courses on how to improve your chances of success, pop up like whack-a-moles.
This pervading cynical view of "experts who sell courses" is not undeserved. Sadly, there is often a very real disconnect between the interests of those selling courses and those who are looking to benefit from their knowledge.
While students want genuine expertise, the guru usually wants to sell as many courses as they can because that's how they get paid. Any intelligent person can see this. It takes no real talent to figure it out. This misalignment is also why this industry has earned a pretty sketchy reputation.
So here's some stats that you WON'T see many Amazon experts sharing...
In new data released, MarketPulse.com revealed that a staggering 90% of those who open Amazon seller accounts are gone within 90 days. 90%!!!
Further, only 1.8% of sellers make it past the first year. In other words, 98.2% QUIT before their first anniversary.
So if Amazon is so great, how come so many people quit?
This is where the cynics step in to celebrate their apparent victory of "being right" about their hunch that nothing is as easy as it sounds. And they would have every right to push the point with any course marketer who told their students that starting an Amazon business is easy or fast (which is why we don't).
That being said, Amazon is growing like crazy and people ARE making money there. I won't go into the many articles and metrics around this in this post because that's not the point.
The point is this...
While the cynics celebrate, the REAL entrepreneurs are having their own party. The rare combination of a booming business like Amazon, and a massive attrition rate of inexperienced competitors coming in and leaving within months means opportunity.
Only the weak point to hardship as a reason not to start or to quit within their first year.
Take a moment to watch my video to learn why I'm excited about this data.
To close, here's a quote from Theodore Roosevelt that should get you thinking.
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”
Here is the article that he refers to in the video:
As we've been saying since day 1 at Reliable - building a little Amazon business on the side is definitely not for everyone. There are no shortcuts and it will take time, capital, effort and plenty of persistence....and even then there's a good chance your first product will not be a hit. It's not a fast journey and it's certainly not an easy journey, but it can be worth your while if you stick at it. That's the cold-hard-truth about any business and if you're not comfortable with that reality then this is probably not for you.