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Path to Billions
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Добавлен 4 янв 2019
Hey everybody! Thank you for checking out my channel.
Path to Billions is all about documenting my path to financial freedom and a better life and I'm hoping to take you along with me on that journey.
This channel will have regular content about my lessons learned, my failures, and the successes I have along the way. Also, there will be plenty of content to help you achieve your goals and aspirations as well.
If you are interested in a better life and want to join me on the path, then hit that subscribe button and turn on notifications.
Path to Billions is all about documenting my path to financial freedom and a better life and I'm hoping to take you along with me on that journey.
This channel will have regular content about my lessons learned, my failures, and the successes I have along the way. Also, there will be plenty of content to help you achieve your goals and aspirations as well.
If you are interested in a better life and want to join me on the path, then hit that subscribe button and turn on notifications.
Ultimate Beginners Guide To Online Arbitrage
How to get started with online arbitrage as a beginners on a budget.
Follow the Path to Billions: bit.ly/2FkWnkH
When you are first getting started with online arbitrage you may be on a limited budget and don't want to buy more expensive tools like Tactical Arbitrage or Tactical Expander Lite. This video shows how we can use two tools to get started with a small learning curve. Those tools are Keepa and Seller Amp.
Keepa gives you the necessary information to determine sales velocity, number of sellers, sales history, and much more. We use Seller Amp to scout other sellers in under to use a method known as reverse sourcing. This is where we go through the products they sell and see where to...
Follow the Path to Billions: bit.ly/2FkWnkH
When you are first getting started with online arbitrage you may be on a limited budget and don't want to buy more expensive tools like Tactical Arbitrage or Tactical Expander Lite. This video shows how we can use two tools to get started with a small learning curve. Those tools are Keepa and Seller Amp.
Keepa gives you the necessary information to determine sales velocity, number of sellers, sales history, and much more. We use Seller Amp to scout other sellers in under to use a method known as reverse sourcing. This is where we go through the products they sell and see where to...
Просмотров: 1 474
Видео
Online Arbitrage Results With Tactical Arbitrage
Просмотров 1,5 тыс.2 года назад
We are going to be diving into recent search results from Tactical Arbitrage and finding some profitable products. Follow the Path to Billions: bit.ly/2FkWnkH In my last video I walked you through Tactical Expander lite and how to start using it to find profitable products. In this video we are going to be diving into how to dig through those results. Near the end of the video I also give some ...
The Ultimate Online Arbitrage - Tactical Arbitrage and Tactical Expander
Просмотров 3,4 тыс.2 года назад
Tactical Arbitrage and Tactical Expander make the best combo for online arbitrage, allowing you to search thousands of potential products. Join the Path to Billions: bit.ly/2FkWnkH Tactical Expander Lite is the new version of Storefront Stalker Pro and it is a very nice improvement from my initial reaction. This extension lets you scan thousands of products from your potential competitors or fr...
How To Report Your Amazon FBA Income For Your Annual Tax Return
Просмотров 13 тыс.2 года назад
Unlike a day job, Amazon sellers have to file their own taxes and to do so you need pull together several reports to show income and expenses. Join the Path to Billions: bit.ly/2FkWnkH It's that time of year where we all have to file our taxes. As an Amazon seller you'll need to gather several pieces of information to file your taxes or to give to a CPA to help you file. Most of these reports r...
Tactical Arbitrage Reverse Search For Quarter Four Amazon FBA
Просмотров 1,6 тыс.2 года назад
Tactical Arbitrage Reverse Search is a powerful tool to use during quarter four to find profitable toys to resell on Amazon FBA. Follow the Path to Billions: bit.ly/2FkWnkH Your competition already did the hard work of finding profitable products, why not take advantage and source their products to resell on Amazon FBA. To do this we will be using Tactical Arbitrage and specifically the reverse...
What's Inside This Amazon Returns Mystery Box
Просмотров 3492 года назад
I decided to buy an Amazon returns mystery box to see what's inside and to see if I can make any profit. Follow The Path to Billions: bit.ly/2FkWnkH I bought my first mystery box full of Amazon returns to see if I could turn around sell the contents for a profit. Watch the video all the way through to see everything I got and what ended up selling. I'm definitely interested in purchasing more l...
Taking 2 Years To Get 1,000 Subscribers, How To Grow Faster In 2021
Просмотров 1503 года назад
It took me 2 years to get 1,000 subscribers on RUclips and I have learned a lot about how to grow faster in 2021. Follow the Path to Billions: bit.ly/2FkWnkH I've been on RUclips for over 2 years now and it's taken almost 2 full years to get to 1,000 subscribers. I know you're wondering why I would make a video about growing on RUclips when I clearly haven't done a great job at it. However, I t...
How To Start A Retail Arbitrage Amazon FBA Business in 2021
Просмотров 2,4 тыс.3 года назад
Retail Arbitrage is one of the best ways to get started selling on Amazon FBA for new sellers. Join the Path to Billions: bit.ly/2FkWnkH How to ship in your first shipment to Amazon: ruclips.net/video/vkdQ_uZWRK0/видео.html How to get ungated on Amazon: ruclips.net/video/5BXdP2d28Cg/видео.html Retail and online arbitrage are a great way to start selling on Amazon FBA. This will help you determi...
$100,000 Net Worth At 27 Years Old With Only Two Investments
Просмотров 8323 года назад
At 27 years old I've grown my net worth to over 100,000 dollars with just two smart investments. Join the Path to Billions: bit.ly/2FkWnkH This video will cover how I managed to grow a net worth of over 100,00 thousand dollars in only 5 years with just two simple investments. While $100,000 might not seem impressive compared with other RUclipsrs in the business and finance niche, I think this v...
Using Tactical Arbitrage To Scan Wholesale Lists From Your Suppliers
Просмотров 12 тыс.3 года назад
Tactical Arbitrage helps you scan through wholesale lists from your suppliers to help you find profitable products to sell on Amazon FBA. Join the Path to Billions: bit.ly/2FkWnkH Tactical Arbitrage is one of my favorite tools to use to sell on Amazon FBA. It has the ability to scan over 1,000 online retailers for profitable products. There are number of methods to do this which I have discusse...
How To Use Tactical Arbitrage For Retail Arbitrage
Просмотров 9 тыс.3 года назад
Tactical Arbitrage is usually thought of as a software for online arbitrage, but it's also great for retail arbitrage. Join the Path to Billions: bit.ly/2FkWnkH Tactical Arbitrage is well known for it's ability to find profitable products via online arbitrage, but you can also use it to find products to source in store through retail arbitrage. This method is particularly useful in 2020 when it...
How To Use Keepa To Source Products For Quarter Four 2020
Просмотров 1,1 тыс.3 года назад
This video will cover Keepa and how to use the third party software to make the best buying decision for online and retail arbitrage. Join Path to Billions: $5,000 Wholesale Order: ruclips.net/video/zvgP_Afwqgs/видео.html Keepa is a third party extension that provides very detailed sales history and other vital information on Amazon products for you to make the best buying decisions. They provi...
Selling on Amazon FBA During Quarter 4 in 2020
Просмотров 3493 года назад
Quarter 4 is the best time of year for Amazon sellers to really level up their business and sell way more than normal. This video will help you get ready for the holiday rush. Follow the Path to Billions: bit.ly/2FkWnkH This quarter four is going to be taking place under some unusual circumstances and we have to plan a little bit differently to prepare. This year we have to deal with delays in ...
Tactical Arbitrage - Always Be Scanning For Online Arbitrage
Просмотров 2,4 тыс.3 года назад
Tactical Arbitrage recently released their newest feature, Always Be Scanning, which gives you personalized search results for online arbitrage. Join Path to Billions: bit.ly/2FkWnkH Tactical Arbitrage's Always Be Scanning feature is great tool to use to find even more profitable products when doing online arbitrage. The feature is constantly scanning for products you could potentially buy to r...
The Numbers Behind a $5,000 Amazon FBA Wholesale Order
Просмотров 2,7 тыс.4 года назад
These are the real numbers behind a $5,000 wholesale order and the profits I made after only a month. Join the Path to Billions: bit.ly/2FkWnkH Back near the end of May I decided to purchase a large wholesale order to sell on Amazon FBA. This order cost nearly five thousand dollars for several hundred units of product. I decided to use this large purchase as a case study to show you what's poss...
The Downsides of Running an Amazon FBA Business
Просмотров 5684 года назад
The Downsides of Running an Amazon FBA Business
How To Ship Directly From Your Wholesale Supplier to Amazon
Просмотров 15 тыс.4 года назад
How To Ship Directly From Your Wholesale Supplier to Amazon
Trader Joe's Hustle - Make Money While Grocery Shopping
Просмотров 1 тыс.4 года назад
Trader Joe's Hustle - Make Money While Grocery Shopping
How I Made $12,622.92 Shopping At TJ Maxx - Retail Arbitrage
Просмотров 7 тыс.4 года назад
How I Made $12,622.92 Shopping At TJ Maxx - Retail Arbitrage
My First Year On Amazon - The Real Results With Real Numbers
Просмотров 1,4 тыс.4 года назад
My First Year On Amazon - The Real Results With Real Numbers
How To Scan, List, Price, Pack, and Ship With Inventory Lab In 2020
Просмотров 10 тыс.4 года назад
How To Scan, List, Price, Pack, and Ship With Inventory Lab In 2020
Inventory Lab Review 2020 - How To Use Inventory Lab For Amazon FBA
Просмотров 9 тыс.4 года назад
Inventory Lab Review 2020 - How To Use Inventory Lab For Amazon FBA
How To Get Ungated Instantly In Any Brand Or Category On Amazon In 2020
Просмотров 9 тыс.4 года назад
How To Get Ungated Instantly In Any Brand Or Category On Amazon In 2020
Analyzing Tactical Arbitrage Search Results For Profitable Products
Просмотров 4,9 тыс.4 года назад
Analyzing Tactical Arbitrage Search Results For Profitable Products
Finding Profitable Products via Tactical Arbitrage Reverse Search
Просмотров 8 тыс.4 года назад
Finding Profitable Products via Tactical Arbitrage Reverse Search
Finding Profitable Products via Online Arbitrage with Tactical Arbitrage
Просмотров 9 тыс.4 года назад
Finding Profitable Products via Online Arbitrage with Tactical Arbitrage
How To Use Credit Cards To Grow Your Amazon FBA Business
Просмотров 9414 года назад
How To Use Credit Cards To Grow Your Amazon FBA Business
All The Software You Need To Run An Amazon FBA Business
Просмотров 6804 года назад
All The Software You Need To Run An Amazon FBA Business
All The Supplies You Need To Get Started With Amazon FBA In 2020
Просмотров 8984 года назад
All The Supplies You Need To Get Started With Amazon FBA In 2020
How To Find Your First Wholesale Supplier For Amazon FBA
Просмотров 6 тыс.4 года назад
How To Find Your First Wholesale Supplier For Amazon FBA
This is exactly what I was looking for. Thank you for this video.
Hey man, love the videos! I am trying to get myself organized with all this and was just wondering what specific business license you need to start working with wholesalers? Additionally, what exactly is a resale certificate and what is its purpose in this context?
thank you absolute legend
Would you ever sell frozen foods?
does amazon 1099 show how much fees they take throughout the year?
Everest don’t allow account for online Amazon seller
so are you basically estimating shipping expenses based on experience when looking for profitable items?
This is an ad video, save yourself a few minutes
I appreciate you making this video! I have some questions if you have the time to answer. First, I am still trying to get my business up and running. I am trying to sort out all the fine details so everything goes smoothly. I appreciate any help you can give. I am a disabled vet living off disability, and I am trying to put everything I can into making this work. If I can’t make this work, I fear I will be homeless by the end of the year :/ The cost of living is just too high for me, living on my disability. For this reason, if you can help me, I will be forever grateful for your time. My questions are: 1. What if the shipment from the wholesaler never arrives at the Amazon warehouse? Will Amazon notify me that my products on hand don’t match the inventory I uploaded? 2. How does Amazon know that the products I send from wholesalers belong to me for my business? Is it simply the name on the package which is addressed to them? 3. Does Amazon track my inventory for me if I ship from wholesaler to them directly? 4. Can I drop it off at the nearest warehouse instead of paying for shipping? I have one right down the street.
Straight to the point 👈👍
What if I didn’t put the expiration date on it
Hi Can i send a beauty product that still has 500 days? or does it have to be 900 days?
This will save me so much time. Thanks for this information!
How is your business doing at the end of 2023?? I'm thinking of starting mine in 2024! I heard that if Amazon catches you sending products directly from the supplier, they can suspend your account, does anyone have some information about this?? Thanks for your video, thi is great stuff!!
If I found products say on target or Walgreens etc can I ship directly from their website to the FBA? And if so how can I do so? Thanks
No, you can't ship from a retailer to Amazon.
hi,I just a bigginer but want to know can I use tectical arbitrage from Canada ? Bcos I reside here .Your video is looks very helpful , I have already subscribed your channel.
Yes, you can use TA in Canada. There might be less Canadian ecom sites tho.
If someone make an Llc and do FBA.Does he need an accountant all the year ar those files that are available all the time are good just to pay one(accountant) at the tax time?
Usually when you run a business you need to file quarterly estimates.
what prep center do you work with?
When using this method, how does amazon verify that the correct items are recieved? What if the supplier sends the wrong items or damaged or missing items?
Amazon will scan in your items via UPC or labels. It's up to you to decide if your wholesaler can handle this.
I know i'm late to comment, but i found this while doing research on inventorylabs and switching over from seller board... Okay so here's something that confuses people.. You said "would you be happy making 20k with 140k sales?" Most people who do not understand basics of accounting would say no, but you need to compare that 20k to you COGS, which is only 53k... That means you hit about 40% ROI, which is FANTASTIC. For some reason people equate your net profit to gross sales volume and expect it to be 50%+ of that number just baffles me. What really would be the make or break on it is if you were putting in 40hrs + per week into this... I would say that is to be expected during your first 30-60 days of doing amazon but it levels off after that when you've peaked on the learning curve. As long as your time is balanced to where you could equate it to earning about $30/hr (in this case, about 12-13hrs/week) then this is great.... Also, with all the deductions you can claim on your year end taxes, you most likely wont have to pay anything and will in-fact get money back at the end of the year. General rule of thumb when youre a small business is expect a baseline of 30% on taxes. There are so many deductions you can claim from miles, to home office, utilities, money off on your mortgage etc etc that you shouldn't have paid anything on your taxes. I went live June 1st with amazon and am on track to do similar numbers to what you did when filming this video and i would be very happy with these results. My goal is to be right around this.. Goal 1 is to pay for my mortgage with amazon profits, then next marker is all basic living expenses. My aim is to hit goal 1 by october 1st but am on track to hit that by September 1st. I'm going to subscribe and see where you're at now 3+ years later!
is it normal to have my inventory lab not match up with my amazon 1099k?
Good content! I'm new to Amazon selling and I haven't registed the business yet (numbers are not looking good right now). How can I go on filing my Amazon Sales as "Personal Income"?
a 1099k can be filed under your personal return or an LLC. The process is the exact same just minus it being filed under the business name.
Does inventory lab automatically keep update our sale ? Or do we have to wrote it down
Hey! We'd love for you to promote our tool and partner with us. Interested?
Great vid!
ee distribution
What above box ID labels? Why does no one address this question in any video? Each box must have an ID label in addition to a shipping label!
I don’t understand the last bit, how does it generate a shipping label for you without even knowing where the goods are coming from? I have a supplier in China who was going to send themselves via UPS. Why can’t Amazon just let me do that by providing an address, must the label and shipping come from them?
Everlance app keeps track of mileage for you and its only 8$ a month.
thanks keep going!
This is literally an ad for inventory lab
what if my supplier doesnt directly send to amazon is there anything i can do or do i have to look for another supplier?
I’ve been struggling trying to figure out how to get this stuff started until I stumbled into your RUclips channel somehow. It’s so informative and helpful I hope to be able to get my FBA business successfully started up. Definitely subscribed!
Hello, how do I account for sales tax collected and remitted by Amazon on Turbotax? Do we count it as an expense?
you do not need to pay or account for sales tax when selling on amazon because it is collected and remitted on your behalf. Every quarter your state may require you to file a sale tax report, to which you just answer with "0". Unless you are selling it in person, you have no events in which you have to collect sales tax yourself to remit.
If you have a US, CND and MExico marketplace...do you have to print a separate data for each or Amazon consolidates all your earnings in one report?
Last year i started to selling around october when i click on the reports i do not see 1099 form?
How do you track units sold in december, but for which payment arrived on your account in january? Does Amazon issue an invoice for the FBA fees?
It goes on to your taxes for the next calendar year. So you worry about it next year.
Content is gold
I can’t sell because the items I want to sell need approval. So what do I sell in the meantime?
@PathtoBillions Very happy YT recommended your channel to me. Really appreciate your content! Question I have for you is you never mention the shipping cost to you in your cost estimation, is there a reason for this. Again thanks for all the great content.
How are you doin today
Thanks!
Very good breakdown. I really appreciate this video! Helpful while Im on turbotax. I was wondering what I was missing and it turns out it was my cost of goods. Thanks!
What companies are recommended as a legit supplier
I dont see the "wholesale" tab on the left side bar. Has this tab been updated in some way where I can still upload excel files? The post is two years ago so maybe they changed the settings in TA. Thanks!
If you shut your eyes it’s like Steve buscemi is telling you how to ship fba 👍
Hi, how do you run multiple instances of Tactical Expander?
That I do not know.
@@pathtobillions8070 Thanks, I noticed that there's a setting for 'Max Tabs' but I am not sure what it is for.
another comment as i came through some issues and wanted to seek some advice. 1. after ordering the item and pay the shipment, the item became inactive and approval was required from the brand. how to avoid that? 2. found another item, its not hazmat, but after preparing the shipment, it got flagged as hazmat. also, how to know if the item is hazmat or can't be sent prior to ordering the item from the supplier