When Jon Elder got into FBA, he had $5,000. Now, he’s a 7-figure seller with multiple brands to his name. It’s safe to say he’s mastered the Private Label long-game. Join him and Jon as they chat about how to set up your FBA business for a huge return, insider details on the brokerage process, how to attract deep-pocketed investors to your brand, and more!
What You’ll Learn:
00:00 - Why you need to think in terms of selling your FBA business.
02:40 - How Elder got into Amazon selling.
09:05 - How much capital Elder started with, and what he did with it.
14:25 - Elder’s tips for properly setting up your business right from day one.
17:10 - Why having multiple brands attracts buyers.
18:10 - Elder’s description of the brokerage process.
23:30 - What parts of his contract would Elder change?
25:00 - Creating SOPs and training documentation for future buyers.
28:45 - Elder’s top tips for starting out on Amazon.
33:55 - One of the most things that impacted Elder’s return multiple.
36:35 - Elder’s last thoughts.
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Spotify → https://spoti.fi/3fzI0r5
Apple Podcasts → https://apple.co/3gRyt0B
