At the age of 9, Beau Crabill started working online helping his father’s eBay business. By the age of 12, he was selling custom Nike Elite socks to his classmates, until he was shut down by the school principal. When he got home, he decided to list the socks on eBay and right away he started making over $2,000 per month selling socks. He not only excelled in his entrepreneurial pursuit, he was also a high performing athlete.
After receiving a full Division 1 scholarship for running, Beau had to make the hardest decision of his life-- continue with his running career or pursue his business. Whether in running or in business, Beau has always preferred to have lofty goals that challenge him, and to be all in and singularly dedicated to those goals - that’s when he’s in his flow and that’s what really drives him. He left university and dove deeper into his business. Now he’s scaled his business to $100,000’s per month on Amazon and has started the first ever fund for selling products online. Through his passions, he is taking investing and business to a whole new world.
During this show we discuss:
Why you should sell on Amazon The different ways you can sell on amazon Eliminating normal expenses by selling on Amazon How an Amazon business can help you in any economy What you should know about white-labeling on Amazon What arbitrage is and how it works on Amazon How to establish relationships with suppliers What a best seller rank is and how it works What you need to know to get started Finding the right products to sell How to win the buy box on Amazon to rank higher What FBA and FBN are and which you should choose How to build your reputation How to get your products to rank among the top of what Amazon shows How much products you should someone have in inventory How to promote your business