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I stumbled about that on YouTube, searched around and than accepted that it is probably something like Bitcoin. Super risky and not worth it. I keep working n
by sigi45 8y ago
I stumbled about that on YouTube, searched around and than accepted that it is probably something like Bitcoin.
Super risky and not worth it.
I keep working normally in my normal job.
Ah yeah BTW. This topic feels like a 'everyone is doing it because a few people use this topic to upsell there videos and referrals etc.'
- someguy101010 8y agoYeah everything that I've ever seen related to this stinks of a scam and that it's too good to be true. Also, a lot of survivorship bias as well.
- ikeboy 8y agoPrivate label like OP is doing is the high risk high reward version. Wholesale is much less risk, but there tends to be lower margin. A lot of people recommend starting with wholesale or even retail arbitrage to get the hang of it. Per Amazon figures, there are 20,000 sellers who sell over a million dollars a year. I know a lot of people in that range, but it does take capital to get there.