In this podcast episode, Adam Hudson, founder of Reliable Education, opens up to Nick about his childhood and what first drew him to entrepreneurship. “I was always interested in business but the first time I heard the definition of an entrepreneur, it really resonated with me. As a kid, I started working at McDonald’s, cutting lawns, delivering newspapers, auctioning items, washing cars in the neighbourhood – anything to make money from as young as age 12.”
About midway into the conversation, you’ll be on the edge of your seat, eyes wide, waiting to hear the next mic drop of wisdom. And it goes something like this:
There are two ways to start and build an e-commerce business. Create a product, pay for Google and Facebook ads and wait for people to visit your site. The other way is to place your product directly on Amazon, where you don’t need any ads and you needn’t wait for traffic – there are millions of people already there, waiting to buy.
Adam talks about the importance of selling recurring products, why Amazon is a beauty contest, how you can make $13,000 a month selling stuffed penguins (as an example), and why it’s a good thing to be punched in the face.
Importantly, he explains drop shipping, ascension models and why you the biggest thing you need to do when you start in business is START; you can learn so much in just one day, if you only just BEGIN.
The way Nick sees it, you can buy a hairdressing salon, café, franchise or boutique with your life savings, or you can grow a successful business on Amazon from your laptop with all the tools – and customers – right in front of you. Nick hopes that this episode will open your mind to new ways of doing business and discover the possibilities out there in this new era of commerce.
Listen to the podcast and decide for yourself.
If you want to learn more about growing an Amazon business head to Reliable Education.
Adam’s book recommendations:
The Magic of Thinking Big by Dr. David Schwartz, The Richest Man in Babylon by George S Clason, How to Win Friends and Influence People by Dale Carnegie Unlimited Power by Tony Robbins.
Adam Hudson is a self-proclaimed serial entrepreneur who has built several multi-million-dollar companies. He has spoken on stage with the likes of Tony Robbins, Grant Cardone, Gary Vee, Robert Kiyosaki and has been featured in: Sky Business News, the Brian Tracy show, Eventual Millionaire, ABC News, USA Today, The Wall Street Journal, WebRetailer.com, Inc.com, and Newsweek. He is also the author or Primed: Your Guide to Building an Amazing Business on Amazon and currently owns three businesses in Amazon education, Amazon marketing and homewares.