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There are some strategies to prevent Amazon from destroying your business, but you have to be very careful. I know people who make 3k+/month with a 3-5k+ inves
by mockingbirdy 8y ago
There are some strategies to prevent Amazon from destroying your business, but you have to be very careful.
I know people who make 3k+/month with a 3-5k+ investment. They don't really care that it doesn't work anymore for that specific product after 4-5 months. The ROI is crazy. But most people don't know how to do this properly and lose money. For these people it's basically gambling and I wouldn't recommend it. It's hard to pull it off consistently.
edit: OT - is it just my perception or is HN more interested in passive income sources lately? (also making passive money with SaaS like the projects on indiehackers.com)
- madeuptempacct 8y agoBeing interested in passive income is a new trend, over the past 10 years. Nothing wrong with it, but everyone I know with spare money and a little ambition is trying to flip houses or buy rental properties. Or sell things for Amazon. Or run a delivery chain for Amazon.
- fenwick67 8y agoLooking for passive income is not a new thing, investing and rent-seeking are pretty classic ideas