Jacob

1.3K posts

Jacob

Jacob

@JacobAsh_FBA

21 | LA | Amazon FBA | DayTrader | IG: Jacobashikyan Amazon FBA road to my first 50k month 🫡 Use link for 25% off first 3 mo

Katılım Nisan 2024
343 Takip Edilen528 Takipçiler
Reezy
Reezy@ReezyResells·
Went for a run today and I couldn’t help but just feel immensely grateful to be financially secure enough to be able to live in this beautiful place and raise both of my kids here Yes, this is my hometown, but it’s also one of the most expensive counties in America to live in and just being from here doesn’t mean you get to stay here…. So many people I know have moved away, and it was never because they wanted to, sadly it’s usually because they just couldn’t afford to make it happen here any longer This is an area where you can make $100K a year and still be broke AF I’m by no means balling out of control, but we did buy a $925K house a couple years ago which is something I never thought a kid like me would ever be able to achieve But forget about that, what I think is far more important is the fact that for the last 22 years, I haven’t had to work a “real job” because I’ve always been able to find a way to make good money using the internet That’s what I’m most proud of, owning my time and being able to be where I want to be when I want to be there This means more time with the wife and kids, more vacations; more memories and most of all the being able to provide my family with the security and stability that I never had growing up Because once you learn how to make money on the internet, I promise you, you’re never going back to that 9-5 job that you hate The biggest opportunity RN online is the amazon influencer program and TikTok shop affiliate If these would have been around when I started selling on amazon in 2004, I wouldn’t have ever started Comment AIP to catch the wave before it’s too late 🌊🌊🌊🌊🌊🌊
English
12
0
26
1.5K
Jacob
Jacob@JacobAsh_FBA·
@Sole_Republican U running a crazy operation bro. Im excited to see how u r doing in a few months
English
0
0
0
48
Johnny N.
Johnny N.@Sole_Republican·
1 prep station take up 500 sqft it take about 10 people to full optimize a station. On avg each person should be able to prep 80 order a hour so in 1 day if the station is fully optimize we should be able to prep 6.4k order a station a day. So we would need a minum of 1k sqft for just the prep station (2 station), and 20 people.
English
1
0
1
77
Johnny N.
Johnny N.@Sole_Republican·
Thread time: We are still very far away and have a lot of work to do. It's not going to happen while sitting on my ass, but here is my vision. We are currently running a 2.1 sell-through and a 15% gross margin. By the end of this month, we need to get it to a 2.5 sell-through with a 17% gross margin. (Totally realistic in my opinion.) We currently have $210k in inventory. With our current metrics, we would be doing $340k in sales on a rolling 30. However, I have $43k in transit to Amazon and a $75k PO this week that I’m pushing to get prepped and checked into Amazon by the end of the month. If everything goes as expected next month, we should run a gross profit of $85k or $60k net. $20k would go to loans, making us cash flow $40k. I am going to stay super disciplined and reinvest everything. At our current business metrics, if reinvested at 20% ROI per month (this is undercutting it realistically it’s more, but that is going to be our buffer) for the next 12 months, we should come out with $1.5 million in equity if we keep it all in the business. At that point, we should be pushing $3.5 million in sales per month with $470k gross or $350k net. Now, the problem I see myself running into is logistics. I have plenty of opportunity with my suppliers to be able to spend an additional $1.5 million a month, however the biggest issue I see us having is time, since I am still the only buyer. I would need to hire another buyer and maybe another admin person. Even if we solve that problem, with these new numbers we would need to be able to produce 275k–300k units a month, or about 9.2k–10k units a day. We don’t have the space for that, so moving into a bigger warehouse in the next few months will be important, along with hiring enough people to prep the product. (I am 95% confident in our warehouse SOP to handle these numbers we just need to hire people.) Just to sum it up: we’ve got a lot of work to do. These are very ambitious numbers, and I’m probably stupid for putting them out there, but it holds me accountable. 🚀
billyfba@billyfba

250k/m net is mad, literally what I tell people to stop paying yourself out too early.

English
3
0
9
1.7K
Jacob
Jacob@JacobAsh_FBA·
@TonyGainzzz If you can pay it off full whenever you dont pay any extra interest only what u have paid so far in interest which i think is a W
English
0
0
0
11
TonyGainzzz
TonyGainzzz@TonyGainzzz·
@JacobAsh_FBA How much did you borrow. How fast you paid it and how much interest did you pay?
English
3
0
0
101
TonyGainzzz
TonyGainzzz@TonyGainzzz·
Anyone has had success with these ? Worth doing for Q4 only or rest of the year as well?
TonyGainzzz tweet media
English
13
0
12
2.1K
Jacob
Jacob@JacobAsh_FBA·
@TonyGainzzz I pay off these loans early so i only pay like 300-500$ in fees or something like that and you pay it back once every 2 weeks. Imo its pretty solid. Only thing i wish i could do is pay it back in bigger chunks. Its either the payment amount or the full loan.
English
1
0
1
23
Jacob
Jacob@JacobAsh_FBA·
@TonyGainzzz So i currently borrowed 20k selected a 45 day window to start paying back the stuff. Hypothetically I wouldve paid it off already but a supplier charged my card that 0% is about to expire so I got to focus on that. Ima pay back 2182.80$ if i let it run fully.
English
0
0
0
16
Jacob
Jacob@JacobAsh_FBA·
@Sole_Republican Where r u tryna be at end of the year for units sold and sales. Keep on pumping brother 💪
English
1
0
1
37
Jacob
Jacob@JacobAsh_FBA·
@Sole_Republican Nope, me and a few other friends have been waiting for a 1-3 weeks for a reply on ungates
English
0
0
0
41
Johnny N.
Johnny N.@Sole_Republican·
Anyone had luck calling Amazon for ungates?
English
2
0
0
281
Jacob retweetledi
Rothmus 🏴
Rothmus 🏴@Rothmus·
Rothmus 🏴 tweet media
ZXX
13
252
5.2K
29.8K
Johnny N.
Johnny N.@Sole_Republican·
You know the guys those Amazon seller gurus bash on for low value sales and low value profit? Yeah well, Hi I'm Johnny, and I'm that guy they bash on. We make about $1.70 a unit, but we move around 21K units a month. By Q1, we’re on track to be selling over 1K units a day. Have any question? My DM are open😴😴
Johnny N. tweet media
English
6
2
20
3.4K
AZEALIA BANKS
AZEALIA BANKS@iiwasinthee212·
I think I may convert to Judaism.
English
1.3K
186
6K
392.1K
Jacob
Jacob@JacobAsh_FBA·
@OperationAMZ How much rev did the best seller bring in per year?
English
1
0
1
161
Operation Amazon
Operation Amazon@OperationAMZ·
Just signed a 6 figure contract that will add $200K to the bottom line next year. Here's the reality of how long these deals take: April 2024 - Initial correspondence June 2024 - Opened wholesale account August 2024 - Exclusivity initial discussion January 2025 - 6 month exclusive signed for entire catalog except their best seller August 2025 - Flew across the country to meet brand in person November 2025 - 12 month exclusive signed for entire catalog Countless zooms, phone calls, emails, and value provided
English
4
0
22
2.1K
Saul
Saul@SaulSellsStuff·
Who is the absolute best at brand direct on Amazon? Someone who can get on a call with a $20m D2C brand who wants to hand off Amazon / has no presence and they’d feel comfortable saying yes to you. Ideally strong track record of existing brands, even better if they have a physical warehouse. Let’s talk. I may have 10+ brands to work with someone on.
English
12
0
10
2.4K
Jacob
Jacob@JacobAsh_FBA·
@EmpiricalFBA W Gregg. Can i have your storefront? Your address? Your phone number? Your SSN? Your credit Card info? 3 digits on the back? Your Bank Passwords?
English
0
0
1
59
Gregg
Gregg@EmpiricalFBA·
What have I been up to? Mostly dealing with life, tightening up the team, and working on cleaning up Q4 account health violations. But October was decent overall. Got a good amount of FBA inventory checking in, so the next 8 weeks or so should be fun. Happy Halloween!
Gregg tweet mediaGregg tweet media
English
3
0
4
353
Jacob
Jacob@JacobAsh_FBA·
@CajuaRobinson Everyone got sec 3 for selling counterfeit nike and now they r gone 🥀
English
1
0
1
43
Cajua
Cajua@CajuaRobinson·
How can we collectively bring back Amazon twitter? Miss peak 2023 energy. Let's run it back for Q4 2025.
English
11
1
33
10K
Jacob
Jacob@JacobAsh_FBA·
@ChrisRacic But people escaped? The point is that its getting harder to do arb
English
1
0
0
93
Chris Racic
Chris Racic@ChrisRacic·
This is either backpedaling or a failure to grasp their own metaphor. You can't say arbitrage is like securing a spot on the Titanic and then say no model will die in the next breath. The Titanic is at the bottom of the sea 😂.
Jacob@JacobAsh_FBA

@ChrisRacic @Sole_Republican

English
6
0
6
1.7K
Chris Racic
Chris Racic@ChrisRacic·
@JacobAsh_FBA @Sole_Republican It's not a course, but yes, I sell. That's not the point. I don't proclaim other models "dead" in order to sell mine. They all work. I take exception to the marketing method, the false dichotomy, not selling.
English
1
0
2
161
Jacob
Jacob@JacobAsh_FBA·
@Sole_Republican @ChrisRacic Oh 100%. They are legit tho they collab with a bunch of big names like jonah and 1000asins. They post alot of stuff on yt, have their own warehouse etc.
English
0
0
0
29
Johnny N.
Johnny N.@Sole_Republican·
@JacobAsh_FBA @ChrisRacic And on the other hand there people claim they doing million a year on Amazon but never show there production just there sales, and when asking them questions on there production all they say is they hire people they trust to handle it.
English
1
0
0
58
Johnny N.
Johnny N.@Sole_Republican·
@ChrisRacic I don’t trust anyone who just show there muti million dollar sales chart but not there operation
English
1
0
0
226