Peter and Adina joined Amazing.com in October 2014 from Romania. They began their Amazon business speaking English only as their second language. With little money (they took out a large loan to start their business), one salary, and two young children, Peter & Adina had their work cut out for them. While they had many fears and challenges to face, they were determined to be successful. Now, less than two years later, they are a true inspiration. In this interview, Peter & Adina explain how they’ve approached their Amazon business and how they define success. In less than two years, they’ve traveled the world to meet successful entrepreneurs, sent their oldest child to private school, and reached the 70k mark in monthly revenue for their business.
Interested in how this determined couple did it? Here are the 3 key secrets to their success…
1. Surround yourself with successful people.
Peter & Adina have traveled the world meeting entrepreneurs and investing in themselves to grow their business. They strongly believe that surrounding yourself with successful people is the shortest way to success – not only to learn from them, but also for motivation.
Peter: My advice is to stay close to successful people because it’s the shortest path to success.
Adina: The most important thing is attitude and faith. This is important in success. People don’t believe that they can also be successful. So we tell people that if you can’t believe, surround yourself with other successful people, so that you can believe it’s possible
Continue reading “Peter & Adina’s Secrets To Success (and 70k in monthly revenue)”
In one year or less, our monthly payments to course instructors will exceed one million dollars.
Our month-over-month paid subscriber growth is currently over 50%, and we pay a large chunk of the revenue generated from subscription payments to instructors at the beginning of every month.
Based on our growth rate and future plans (see below), Amazing.com will be one of the most lucrative platforms for business experts to share their knowledge by sometime in the middle of 2017.
Last month, our top instructor’s share of monthly royalty pool was about 20%. At the future monthly royalty pool value of $1,000,000+, that equates to over $200,000 in earnings in a single month, for just the two courses he currently offers on Amazing.com.
The second most successful instructor locked in roughly 10% of the royalty pool last month. In the future, this will mean more than $100,000 in monthly earnings for just one course she has on our platform.
Continue reading “Amazing.com to Pay $1,000,000 Per Month to Course Instructors in One Year (or Less)”
If you’ve spent any amount of time on social media sites, you’ve undoubtedly noticed that video is becoming a big part of content creation for businesses.
With all the current video options (live video, 6 second video, vanishing video, and more), it can be a challenge to navigate this content area as a business owner. Along with all the different options, sometimes a fear of budget can block someone from considering this medium.
Using video to promote your business doesn’t have to be daunting. Instead of passing up a great opportunity, let’s look at the why, what, and how of creating videos for your products!
Why Consider Using Video for Your Products?
There are many reasons for using video to help sell your products. The most obvious to some would be to showcase what your product looks like and how it can be used. Seems simple right?
To the contrary… creating a product video does so much more to your bottom line, such as:
Continue reading “Use Video to Increase Sales for Your Products!”
There is no doubt that having software can make it much easier and faster to build your Amazon physical products business. What’s not always obvious is which tools can help you the most.
Because there are such a large number to choose from, we put together a list of the top 20 tools we recommend to help boost your business!
Continue reading “The 20 Best Amazon Business Tools”
At Amazing.com, we work with thousands of entrepreneurs on a daily basis. Paul & Rachelle, a husband and wife duo, are two of them. They began their journey with Amazing.com and with Amazon in April of 2015. By May of 2016, their business was generating over 25k per month in revenue on Amazon. While their journey has been a successful one, it has by no means been an easy one – they’ve been short on money, have run out of inventory, and have had unsuccessful products. Paul, a serial entrepreneur, and Rachelle, a stay-at-home mom, have worked hard to build a sustainable, long-term business for their family, and have learned a lot along the way. Here’s their story, and some of their lessons-learned:
Continue reading “Paul & Rachelle: Lessons Learned on Our Amazon Journey to 25k”