Really interesting concept this week.
I’ve heard about syndicates buying existing Amazon businesses, but there’s not much content about what happens when people pool their resources and experience together to create an Amazon FBA business.
This is exactly what Michael Michelini has done. He cast his net across the globe to try and find investors to help fund a $40K start-up syndicate.
Mike was inundated with offers and settled on 4 investors for the start-up.
Michael talks about the challenges of setting everything up, product research, finding suppliers, Yiwu sourcing disasters and much, much more.
Hope you enjoy this fascinating episode!
Resources:
Mike’s first live product on Amazon: https://sisitano.com/amazon2
Mikes Blog and excellent podcast is over at: www.globalfromasia.com
Register for the 2018 Cross Border Summit now! https://www.globalfromasia.com/crossbordersummit2018/
Follow along with the syndicate’s journey on the eCommerce Gladiator Podcast and Blog: https://www.globalfromasia.com/ecommerce-gladiator/
Join my webinar on the 6 steps to Amazon FBA Success at www.theaustralianseller.com/webinar where I show you a case study where we followed the formula to take a product selling 1 – 2 sales a week to 30 sales a day in just 5 days.
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