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I worked for a mom + pop Amazon seller (manufacture + ship from China to America, stick packaging on it, send it in to Fulfillment by Amazon, collect a check)
by MuffinFlavored 8y ago
I worked for a mom + pop Amazon seller (manufacture + ship from China to America, stick packaging on it, send it in to Fulfillment by Amazon, collect a check)
He's probably worth $50m as one of the top 250 sellers. Probably ~20 SKUs. Tons of competitors trying to bring him down but his product has so many reviews that it is just a money printer.
He was smart to be at the right place at the right time. He undercut the bigdogs back in the day (~10 years ago maybe?) and gained momentum.
He refused to admit to me that he was lucky. He refused to admit that he had the right idea at the right time. Was his execution great? You bet. Good marketing/product advertising/images/pivoting/getting through hardships/blah blah blah.
But like... he couldn't do again if he had to start from scratch in 2019. Things are different. And he refused to acknowledge that. He wanted to believe everything he did was perfect and he got his wealth purely from skill.
I think that's a bad trait :(
- usaphp 8y ago> He wanted to believe everything he did was perfect and he got his wealth purely from skill He did, his skill was to get on it at a right time in a right place. His skill was to keep working on it and believing in himself. Saying it was due to luck is just pure disrespect.
- lifeformed 8y agoIt's both - if he didn't have his skills, he wouldn't succeed either. But for him to deny that luck played any role is naive. We should work our hardest so we're ready to shine when the opportunity comes, but we need to remain humble because not everyone gets the same opportunities.
- lowercased 8y agohe had the skill to be born a man of a certain to certain parents in, i'm assuming here, was a western country in the last 60 years or so. a less skilled person would have been born a farm worker 3000 years ago.
- Wistar 8y agoBack in my Microsoft days, I knew many co-workers who, within about three years of graduating and starting at Microsoft, were in a position to retire. Several of them professed to me that they believed that it was their hard work and skill that got them wealthy so young and not the situation they were lucky enough to find themselves in. Some said they thought that they could go out and do it again. A precious few did (one of them co-founded Valve so, he did) but I don't recall any of the others striking it rich twice.
- adnzzzzZ 8y agoNot a bad trait. If you believe that things are down to luck you put yourself into a very unhelpful frame of mind that can prevent you from achieving the things you want to achieve. https://github.com/adnzzzzZ/blog/issues/38 https://github.com/adnzzzzZ/blog/issues/38
- ApolloFortyNine 8y agoWhat is this new trend of belittling accomplishments down to luck? At the very least, thousands of people had the same opportunity to do what your boss did. And that's if we take your word that this is all he did, and he didn't negotiate at all or spend any time researching what products to sell, or take a loss in the beginning to provide good customer service for future gain. Even seeing the opportunity is a skill itself, millions of people will happily stay at their current job rather than take a risk. >But like... he couldn't do again if he had to start from scratch in 2019. Things are different. This is a losing attitude, a quick search of almost any category on Amazon will show more recent products that are China rebrands with thousands of reviews. Here is one: https://www.amazon.com/JavaPresse-Grinder-Conical-Brushed-Stainless/dp/B013R3Q7B2/ref=sr_1_2_sspa?ie=UTF8&qid=1547173751&sr=8-2-spons&keywords=coffee+grinder&psc=1 https://www.amazon.com/JavaPresse-Grinder-Conical-Brushed-St... You can find exact copies on Aliexpress for $10. You can't prove it's impossible to do what he did today. Others are actively doing it. >I think that's a bad trait :( Being proud of your accomplishments is not a bad trait. Thousands of people had the same opportunities as him, yet he came out on top (or top 250, in your example).
- michaelchisari 8y agoWhat is this new trend of belittling accomplishments down to luck? A need to balance out the notion that "anyone can do it".
- CJKinni 8y agoI don’t see how it’s belittling to acknowledge luck as a factor among many in success while also acknowledging the non-luck factors. You can be proud of your accomplishments while still acknowledging the influence of luck your success.
- everdev 8y agoI think it's the difference between what comes first, the work or the luck and what's the dominant force. If you study hard and get good grades, you might find yourself in a position where someone needs to hire for a role that you're already prepared for. Sure, there's luck in bumping into that person, but you worked hard to be able to take advantage of opportunities, so I'd say luck had very little to do with your success. If it wasn't this lucky break, there would be another one. If you brush off school and happen to get hired by a boss that could care less if you do work of any quality, that's mostly luck and probably not repeatable. Sure, Gates and Bezos experienced luck during their careers, but I'd be willing to bet that the dominant trait in their growth was hard work and intelligent decision making. Some people like to think of them as happening to be in the right place at the right time, but I think they worked hard to prepare themselves with the skills necessary to see those massive opportunities and were obsessed with moving as fast as possible towards their goals.
- tengbretson 8y ago>But like... he couldn't do again if he had to start from scratch in 2019. This misses the point by a country mile. The skill is knowing and predicting the when and where in addition to executing on the what.
- webdood90 8y agoJust like the people who time the stock market.
- thisisit 8y agoI am curious. I live in a place where ecom is just taking off. While there are lot of brand dependency I see a chance to actually to do private/white label stuff. So curious if you know some tips on how to get started on Amazon FBA.
- samstave 8y agoUnsolicited random suggestion I would do if in your position: Find the most popular household/kitchen item being sold on amazon - and whitelable that. And source the most popular kids items from Alibaba and use language to market it to whomever your locale is.
- blunte 8y agoThis is a very common belief amongst successful people. In fact, you might recall a few years ago in US politics there was this big "I Did It" thing where successful business owners defiantly claimed they earned their successes without the help of anyone (or any publicly funded infrastructure). I'm sure sociologists have a name for this, but to me it represents people who have a big hole to fill regarding self-worth. By believing they accomplished something because they are extra-uniquely special is a way to try to fill that hole. If you take a formerly successful person and have them start over, their stature (titles, money, contacts) can often give them starting benefits that can indeed make their following ventures successful - or at least more likely successful than if they had started with little more than their skills. There are old, wealthy people who have made a life out of repeating "successes". Some find their way into positions of great global power, and they unfortunately believe they know more than anyone else (and will state such without any shyness).
- glalonde 8y ago>I'm sure sociologists have a name for this, but to me it represents people who have a big hole to fill regarding self-worth. Fundamental attribution bias? "Everything bad that happens to me is because of external factors beyond my control. Everything bad that happens to you is your fault." And the opposite: "I'm skilled, you're just lucky." Nothing teaches this better than a game of Dota2.
- bump64 8y agoWhen someone works really hard, goes through lots of hard moments and eventually succeeds the general public or not so close friends see the end result but don't see all the struggle. Then they try to explain how this happened and when they fail to connect the dots it all looks like magic to them and all they can say is that luck was involved. The hard truth is that everyone comes by opportunities in life (call it luck) but very few people have the knowledge and experience to achieve something meaningful out of those opportunities.