Passive Income Ideas

2 Books in 1: $15,000/Month Beginners Guide to Build an Successful Online E-Commerce Business, Amazon FBA, Affiliate Marketing, Dropshipping and More

By: Michael Cruz

Narrated by: Chris Strong, Tom Brooks

Amazon FBA Selling Guide

What was one of the first things you wanted to sell when you were a kid? Did you have a lemonade stand that went bust after two weeks, or did you sell baseball bats at little league games? Whatever kickstarted your selling career shows the true determination of a natural-born seller that was meant to take advantage of one of the world's greatest merchandise companies: Amazon.

Amazon has been around for over 25 years, and it only continues to build momentum. Once marketed as only an online bookstore, it was unclear if the company would survive the next few years against such large alternatives such as Barnes & Noble. The company was completely internet-based, which many thought would be the end of the website, but it only became more popular with the addition of new products such as music and clothes.

Some may not realize that the company that started off as an internet-based store for books was one of the first platforms to encourage outside sales. Originally called zShops, people could market original work or hard-to-find items. The idea exploded as more than half a million people purchased something on Amazon by 2000. Jeff Bezos was dubbed the king of e-commerce in 2001, just seven years after Amazon's launch.

From its birth until now, Amazon has acquired 40 companies, but its major commerce is now in its third-party marketers. Outside sellers make up more than 50 percent of Amazon commerce today, and that number is only growing over the years. Online shopping has become the norm, and Amazon is leading the way in sales, accumulating billions of dollars every year, and its third-party sellers are riding the train to financial freedom.

Amazon FBA was officially launched in 2006, so it is far from the newest selling platform, but it has shaped the path for other platforms of its kind, and it should be considered as the best service possible. Sellers can use accounts created with Amazon to sell their own merchandise with small fees collected by Amazon. With the internet growing in importance every year, selling online has never been easier.

But why would you want to get involved with Amazon FBA? Well, if you have a knack for selling products, feel as though you have always wanted an online store, or just want to try something new, Amazon FBA is one of the easiest ways to get started. From its promises of prime delivery to customers to its total management of your products as soon as they are delivered to the warehouse, Amazon has you covered. They provide a service unmatched by any outside company, and they make selling easier every year.

Passive Income Ideas

The concept of making money when you sleep has drawn a crowd to the pursuit of passive income. Theoretically, you put in some time and money in the start, then relax and let the money pour in when you focus on other things. This appears like a dream become a reality, but it's mostly only a dream.

In today's workforce, relying on one income source is risky. Job protection is rarely guaranteed, and a little extra cash is useful always. By using your primary income source to cover basic expenses, you may use extra income streams to pay off debts, reduce your economic burden, or avoid going further into debt when you are able to pay for larger purchases up front rather than with a credit card or loan.

Conversely, passive income is cash that continues to pay out following the initial work is done. Traditionally, income that were considered "passive" generally included money earned from investments in shares or profit acquired by a person who had invested in accommodations property but wasn't involved in the management or day-to-day functions of that property.

©2020 Michael Cruz (P)2020 Michael Cruz