ilmscore | I Confronted The 19-Year-Old Amazon FBA Millionaire

I Confronted The 19-Year-Old Amazon FBA Millionaire

Published: 2020-10-08
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
Jack aims to have 10 Amazon FBA businesses each generating £10,000 net profit per month by the age of 21.
"By 21 I would like 10 businesses doing 10,000 pounds a month in net profit each."
Amazon FBA Business Growth
Pending
Jack plans to retire by the age of 30, meaning he will not have a financial obligation to work.
"I want to retire by the time I'm 30."
Retirement Goal
Pending
Jack defines success as earning millions (seven figures) and believes this level of financial achievement will take approximately two to three years to reach.
"I want to see seven figures on the board that's that's success to me and that doesn't come for imagine two three years"
Financial Success Benchmark
Pending
The speaker views Amazon FBA and dropshipping primarily as initial businesses or stepping stones.
"i've always seen drop shipping and fba really is just a stepping stone just a starter type business"
Amazon FBA as a Stepping Stone
Pending
Private labeling on Amazon is seen as a method to create a sellable, long-term business asset.
"private label you're creating a sellable asset a long-term business that is going to tip one keep ticking over"
Private Labeling for Long-Term Business
Pending
The speaker expresses strong confidence that Jack will become a multi-millionaire.
"I have no doubt that jack is going to be a multi-millionaire"
Jack's Future Business Success
Pending
Selling other people's branded products through Amazon FBA can be a good side hustle, but its long-term viability is questioned.
"if you're selling other people's branded products then it can be a great side hustle"
Amazon FBA as a Side Hustle
Pending