Generate Passive Income with Done For You Amazon and Walmart stores!

Hey everybody, this is James Pelton. I'm glad that you could join us here today, Wednesday. I hope you're having a good Wednesday. I hope the markets are treating you well and just that you're feeling good, healthy and everything. This has been one of my most requested videos, I would say, is I run a done for you Amazon store and I have people ask me every single day, hey, how's that going for you? Is that something that we should get into? And my answer to them is you should not do it with the company that I've been doing it with. Okay, they've not done a good job, it's been a huge hassle. So I met Jose, I don't even remember how I met you, but we've talked and chatted through some things and I think, in my opinion, Jose is going to do a better job with the Amazon and Walmart automation than some of the other companies out there. There's a lot of companies out there, so we'll talk through that and talk about why are there so many, what's different between them, what I need from you guys, as always, do I even need to keep saying it? I think you guys know, but please hit the like button, just reminding you, if you have questions, again, we have the expert here, Jose is the expert. So ask your questions, let's get through all of them and then we'll just kind of see how things go. So FunnyTurro, it's good to see you, man, can always count on you, appreciate it. Jose, can you start off by just kind of introducing yourself and give us a little bit of your background, how'd you get in to Amazon and Walmart automation and then we'll kind of start going through some details after that. Yeah, thanks for having me, James. Hello, everyone, hope everyone's having a great day. My name's Jose and I've been in the automation space for about six years now. Started with Amazon for the first three to four years, it's kind of our bread and butter, that's where most of our 200 plus clients are currently with Amazon automation. In the last two years, we started to add, a little over two years, started to add Walmart. We've done for you stores too and just so people don't get mixed up, is they're both the same thing, it's just one's on Amazon, one's on Walmart. Both of them are great, both have their pros and cons, but both at the end of the day will make you passive income on a daily basis. But yeah, like I said, we have 200 plus stores, we have a warehouse that we own here in San Antonio, where I'm at, here in Texas. So we handle all of our clients' returns, we handle all the packaging, labeling, prep for FBA. So we keep everything in-house, we don't really outsource anything besides our team that's managing your Amazon or Walmart done for you stores. But yeah, I'm glad to be here and wanted to answer any and all questions. Also, if Loud Jams can show some live stores, some live profit sheets, just so people can see what to expect if they decide to move forward with it. Okay, nope, that sounds awesome. Yeah, and I don't know if you're able to send me over some of those links, but I would like to kind of go through some of those. I'm not sure if you emailed them to me or if you can post them in the private chat, but I would like to bring those up. Can you kind of explain how the done for you stores work? So where my audience is used to, we do a lot of drop shipping and things like that. This is not that, correct? Can you kind of walk through how these stores work? Yeah, great question. So we do a hybrid model with our done for you stores. And what I mean by that is we do two-step drop shipping plus FBA, and for people that are not very aware, the difference is with drop shipping is you buy the item once you sold it first. So you don't have to worry about buying any inventory upfront. And then with FBA or WFS, that's where you buy the items upfront in bulk from a wholesaler or whoever, and then my team will ship it out to Amazon or Walmart, whatever marketplace you're selling on, or both. But yeah, that's the differences in those two models. Most other automation companies out there, they do one or the other, but most are also using Walmart and Sam's Club and all these big retailers. And that's the reason why a lot of those companies or stores are being suspended because they're all doing the same things. At the end of the day, it's only a matter of time. With us, we use suppliers that not many people use, smaller, not as known. And one thing that we do differently with our stores is for every client that we manage, we set you guys up with a virtual computer, a virtual machine, so that anytime my team is gonna access and manage your store on a daily basis, my team will log into that virtual machine just so that we can show Amazon or Walmart that our team is out of the US and just so they doesn't cause any security or IP issues. And what the whole done for you is, and that's pretty much what it is, is aside from you guys creating your Amazon store or getting approved to sell on Walmart, once you handle that, myself and my team will pretty much handle everything else for you guys. We handle product research. We handle product listing, order fulfillment, returns, refunds, customer service, basically the whole nine yards. The only thing my clients are responsible for is basically managing your credit cards that we'll be using for order fulfillment. So as long as you get your cards paid off, your state balances paid off every month as you're being paid from Walmart or Amazon, they pay out every two weeks, direct deposit to your account. As long as you manage your credit, we will literally manage everything else for you guys. Again, we have clients generating anywhere between 2K profit a month up to 20K profit a month. And people ask me, Jose, why is there such a big window and how much you can make? A couple of good reasons. One is how old is the store? The older the store is, the more signority it has, the better metrics, et cetera. And number two, the biggest thing is credit. So I recommend having about 15, 20K in available credit to begin. But the more you have down the road, four, five, six months down the road, the better it is for you because if they're like, James has 80K to work with, then they know they can sell six figures easily because James has credit to back it up pretty much. Hopefully that answers your question, sir. Yep, dope. That makes sense. And it created some new questions for me. So it's perfect. And this is actually, this is really bad marketing, but I'm gonna do it anyways. In marketing, you're supposed to do the whole presentation and then say how much it costs at the end. And hopefully they're hooked by that point, but I'm gonna flip that on its head. So Zach would like to know, starting from the beginning, I'm a few minutes behind, how much does it cost to start? So what is, how much does it cost? How much capital do you need and any promotions for being referred by James Pelton? Those are good questions. Great question, Zach. So number one, yeah, we haven't covered none of this, but number one, the startup costs would be 27,000 and that's paid upfront. And that covers everything to starting your store and managing your store, et cetera. With my service, we don't charge any renewal fees. We don't charge any yearly fees. We don't do none of that. We keep it as simple as possible. So there's that 27K startup fee to get you a Amazon or a Walmart store, whatever one you decide. Profit wise, I can, I guess a good question for that is, return on investment, basically, how fast, Jose, can I expect to make my money back? Just to be safe, I tell everyone anywhere between nine to 15 months on average is kind of the breakeven point for my clients. But I've had some clients make it back in three to four months. I've had some clients make it back in nine, 10 months. It just depends. Every store is different. Even though the same team is managing every store, they're all gonna vary just because everyone is selling different items. Some items have bigger profit margins. Some clients have more credit than others. Some clients have more credit than others so they can sell more. So there's a lot of different variables. But as long as you have a healthy credit, 20, 40K should be sufficient. You will definitely be okay to make that money back within less than a year. And then profit margins, it's gonna vary on a monthly basis, time of the year. But that's typically, again, I tell people, up to 30%, so it can be 20%, 25, 15. But typically, my team likes to stay or stick within 15 to 30% profit margins on a monthly basis. Okay, awesome. So a couple questions. So 27K to kind of get this store purchased, and then, yeah, you'll need some amount of credit on top of that. And by the way, sometimes people don't think about this, but that's actually been a good income stream for me with my Done For You Amazon store has been the credit card points. And sometimes people don't realize that, but if you're putting 20K, 30K in inventory on a credit card, there can be significant points that that brings up. So again, just something for people to keep in mind. Do you guys have any options? Again, 27K can be a lot for people. Do you guys have any options for financing or cheaper options than that, or options to maybe split stores between a few people? Or like, I've been working on some NFT collections where, hey, we have 50 people that each have part of the store. Do you guys have any options like that? Great question. So I do have quite a few clients that are partners with their friends, fan members. There's one that signed up a couple of months ago. It's three partners into one. So they are basically split up the cost, I think like 8K and 9K each. So that's one option. For me, it doesn't matter. As long as the full 27K is paid upfront, we will manage that one store, whether it's just you by yourself or your partner, multiple partners or investors. Number two is, yes, we do partner with a third-party company that does personal and business funding. They're amazing. So they basically know where to apply, who's currently offering 0% interest credit cards for 12 to 18 months, and you can leverage that. So yes, we do. For payments, we do take, obviously, Bank Wire. We do credit cards. We can also do cryptos. That's something that you decide to pay with. So again, I try to keep things as transparent, as simple as possible. But yes, if it's someone, I think for the funding, that minimum credit is, I believe it must have at least a 680, so it's not too bad. But if that's something that you're interested in and you have good credit, just reach out to me and I can connect you with the company I like to work with and they can definitely help you out with that and explain how they can help you out. And then once funding's all taken care of, just let me know you're ready to rock and roll and we'll get you going as soon as possible. Awesome. And I don't mean to put you on the spot, but is that something you would consider is like the NFT collection where I sell $5,500 NFTs and we each own a part of the store? Is that something you guys would entertain or is this too much on the spot? You have to think about it. It is too much on the spot, but that would be, again, I'm open to anything, but it would still need to be where if there's 10 of you guys and you guys all want a store, then you guys would have to talk with each other and structure your entity that way. And then at that point, obviously one of you guys will need to create the Amazon store under your name, under the business. I think personally, it can get pretty tricky once you have more than three to four investors into one store because you have to, someone has to put their credit cards under their name, their social, and that can be a little tricky. So, but it can work. It's still, we're still gonna manage just one store and we're still gonna run it the same way that we would run anyone else's store. But yeah, it's a valid question. And I've been asked before, Jose, do you take tenant plans where we pay half now and half the next six months, nine months? I don't wanna say no completely, but it's something that I've never offered before in the last five, six years doing this, but it's a valid question. But for right now, there's a funding option if you don't have a liquid cash to pay upfront for that. Yeah, absolutely, and I would recommend if you're interested in this in any way, I just left a link to schedule a call. That's kinda, this isn't something you just go sign up for online, but you wanna chat through your goals and your position financially and just work through some of the details. So one question I had, if somebody is gonna finance, we'll say 27,000 for something like this, the worst case scenario is you take out 27,000 and then the store doesn't work out for one reason or another. Do you see that happen? What are the risks that people have? Have you seen stores that don't end up working out or is there any concern that Amazon starts shutting some of this stuff down or what are some of the risks? Yeah, great question. So in terms of Amazon shutting us down, I don't think that's even a possibility just because you have to keep in mind, Amazon is mainly just a marketplace. Amazon is making roughly about 15% commissions off each seller on their platform. So, and I believe they have over three to 5 million sellers, third-party sellers right now. So, I mean, they're making a killing from us. Again, we're just leveraging their platform to sell products that are already selling just at a slightly higher price. So yeah, I don't see that happening. Yeah, obviously we can talk about all the good, but there's obviously bad and I've seen it happen before, not very often, but it can. Reviews, suspensions and stuff like that are part of the game, just like any other business. I'm not gonna sit here and say, 100% of my clients never have issues. Some clients tend to have some more issues than others, but the good thing about all this and being in the game for the last six years is I've seen the worst of this already. So nothing really faces me at this point. And we also have an in-house appeal team so that if your store, for whatever reason, it's a bad batch of orders or bad customers where they're leaving you negative feedbacks or purposely trying to take you down, which again, I haven't seen it happen to me personally, but I've heard stories of it happen to other people. So it's always a possibility. If something like that were to happen where your store is suspended or a bad metric, it doesn't mean you're out of your investment, you're screwed, whatever. No, it doesn't mean that. Most suspensions out there, whatever they are, we can get them back within a couple of days. It's super straightforward. But what I like to tell people is like, worst case scenario, let's just say nine months from now, you made $15,000 profit and your store one day just gets shut down for whatever reason, just whatever reason, and we cannot get it back. We appeal it, we cannot get it back. Again, at that point, you're not out of your investment. As long as I'm here, you would not lose. If that were to ever happen, we would just work with a client to get you guys a new store. Once that new store is approved, we would just manage it for you all over. You don't have to pay any, you don't have to pay any other re-up fee or any other fees. It's done 100% for free. We're just gonna transfer the team from your suspended store to your new store and then start selling like nothing ever happened. So as long as I'm here, we're not gonna lose. Okay, nope, that's good. And by the way, audience, yeah, keep the questions coming. I'm gonna ask through some of my questions and then I'll start bringing some of these up. These are great questions, by the way, so stay tuned for those. Can I ask, a question I get a lot with some of this done-for-you stuff is why don't you guys just build a bigger store? Why offer this to other people? This is a pretty frequent question. Yeah, it's a great question. I actually had a call earlier with a potential client and it seems I get asked that quite a bit, which is 100% valid. I would be asking the same question myself if I wasn't on the other end, but the one thing with Amazon is, yes, you could have multiple stores. The main issue where it comes down to is capital available credit. So for me personally, I have three stores that are run under my three different LLCs, but I need to allocate about 80 to 100K in credit for each store. So if I'm utilizing about 300, 350K in available credit for three of my stores, you can imagine if I have five or 10 stores, how quickly you can cap yourself out. So instead of me only managing just five or six stores for myself only, I would rather, number one, is help people out, and number two is just take a small piece of the pie from each store and make it a win-win for everyone. It's the same thing like a lot of franchises. If the franchise is so awesome, why don't they just build 100 gyms and they keep all the profit? Well, I mean, there's capital, there's cost to build the building, there's a lot of ongoing expenses. So instead of them owning all 100 gyms, they can just charge a franchise fee and collect a five to 10% royalty on each store so that it's, again, makes the win, that the owner wins, and that's kind of the same concept. Yeah, and I mean no disrespect by this to anyone who's asked it, but the people who ask those types of questions are not entrepreneurial-thinking people because as an entrepreneur, it makes total sense. You're doing something, it's successful, you wanna make it bigger. That's just part of the entrepreneurial journey. So getting other people and access to their capital just makes total sense. But again, no offense, it's a valid question, so totally get that. How can someone think through, so you do Amazon and Walmart, which one do you recommend for most people? Do you see some people that do both or how do you kind of think through which to do? Yeah, so for right now, about 80% of our stores are Amazon and 20% are Walmarts. And the only reason for that, guys, it's with Walmart, there's a lot less sellers, which means there's less competition, but the marketplace is not as big as Amazon. So if you're, if Amazon and Walmart have pros and cons, both, I mean, I have Amazon clients that are making double than one of my Walmart clients. I have some Walmart clients that are making double than Amazon. So they're both greats. We love working with both stores. The number one reason why, again, there's a big discrepancy with Walmart versus Amazon is Walmart, they're a lot newer into, into the marketplace as in selling, as in allowing other sellers to sell on the platform. So that's number one. Number two is getting approved on Walmart is kind of tough. They want to make sure that you have, you're already an existing business selling on another marketplace, Shopify, or selling on your own or whatever. They want to basically only approve existing e-commerce stores. So that's the main reason why there's a big discrepancy. I mean, we can get stores approved. It's typically about 70, 80% approval rate right now to get someone approved on Walmart, whether you never sold before. So what a lot of people do is they're like, Jose, I want to, I want to, I want a store, but I want to try to apply Walmart first and see if I get approved. And if you do, great, we run that for you. If we don't, no, no harm, no foul. We would just have you open up an Amazon store, which with Amazon, it's 100% approval rate, as long as you never had a store that's been suspended before. Yeah, but either way, we'll make you guys money. And a little bit, or part of that is, I've had some clients where they started on Walmart, six months, they're not in the results they'd like or expected or whatever the case, and they wanted just to switch over to Amazon. We can do that for you. Again, my team handles both. Again, they're the same thing for us. It's just whatever the client prefers and kind of what we think is gonna best suit you at that time. Okay, very good. Yeah, audience, keep the questions coming. These are great questions. Again, I have my own questions, because again, this is something that I want to consider for myself and also consider, hey, is this something that I would really encourage other people to do? So again, I want to get all my questions answered. I'm selfishly going through my questions first, but you guys have great questions, and I'll get to those as well. What would you say? Again, I'm using a done-for-you Amazon store, and it's been a very negative experience for me. They haven't, basically, I signed up, they handed me off. I never talked to the person who sold to me ever again. It ended up taking like 14 months for my store to actually get even a few sales, and then it just has never, it's never really worked very well. So what would you say kind of sets you guys apart from these other done-for-you Amazon, done-for-you Walmart stores? Yeah, and that's not the first time I've heard that. I've heard a lot of poor stories from current clients that came from somewhere else or vice versa. The main thing that separates us, I feel, myself and my company versus everyone else, it's our communication, transparency, and like I said, once someone signs up with my service to get an Amazon or Walmart store, at that point, we don't just hand your store off to someone and then hope for the best, no. I'm involved on a day-to-day operation, so I know exactly what is going on with your store and all of my other client stores. Obviously, I don't know every order that comes in, but in terms of any issues, any questions, any situation that I need to be involved in, I am there. The reason why I say that is we use Skype for all of our chat communications so that each of my clients that signs up basically, I will put us in a group chat, me, you, my managers, in one group chat, so that any time there's a question that comes in from either yourself or my team that they need your help with for whatever reason, I see everything. I'm only a text or a call away if it needs to get to that point, if it's something that we need to talk about, if there's a situation or just an issue that you're having. But again, I don't go anywhere. I'm involved, again, on a daily basis. I actually know how to list items myself. I know how to fulfill items, so I know how to pretty much run a store. It's nothing new to me, and then another thing is the warehouse. Most automation companies, they don't own their own warehouse and they use third-party companies to handle return stuff for them. What I found is four or five years ago, we did use that, but we found that there was a lot of packages that were missing, that stuff was not being returned on a profit manner, which in return affects the client's numbers just because they're not getting refunds for items that we're sending back to our suppliers. But again, we handle all that for you guys. If any of you guys are in San Antonio or just in the Texas area and you guys want to visit our warehouse just to see how we run operations, meet the employees and all that, just let me know. I'd love to meet any of you guys that want to stop by and just truly see how we run it. But the main thing is, again, I'm here start to finish. I don't go anywhere. And yeah, we've seen the good, we've seen the bad, and I know I can help anyone out that decides to move forward with this. It's pretty amazing. Okay, awesome. That's one thing I've appreciated just from our conversations is it seems like you have a interest in the success of your clients, which I've not experienced from other ones. And again, that's one of the reasons I decided to bring you on instead of some of these other ones that have reached out to me in the past. So how long would you say, again, this has been another, we've had some Facebook marketplace done for you, stores and things like that as well. And sometimes it can take a really, really long time just to get the store set up, get that first sale in. What would you say is the average from when somebody, they wire over the 27K to they see their first sale? And again, I know it's gonna vary, but what would you say is kind of the average? It's actually pretty quick. It's about 30 days or less. So the time you sign the contract and make the payment for the service, at that point, we need to wait for you to get the Amazon store approved, or Amazon or Walmart approved, and also the LLC. But again, we start the onboarding process with you. We walk you through everything. It's super simple. But basically, the sooner that you can knock those things out for us, the sooner that we can hand over your store to my manager and we can pretty much start prepping the work. But from start to finish, I would say about 30 days, 30, 40 days, roughly. Sometimes it could be two weeks. Sometimes it could be four or five weeks. It just depends on how many stores we have currently pending onboard. But yeah, we're actually pretty quick. I know some other companies, they make you wait like two to three months, which I think is kind of crazy. But no, we try to knock them out as soon as they come in. But on average, about a month or so, just depending how quickly you get your stuff done. Okay, very good. So last question for me, and then I'll bring up the audience questions. So again, get those questions asked. Can we go over a little bit more the client results that you've seen? So again, there's gonna be a wide variety, I understand. But if we're able to see some of the real results or just any info you can give us on what we should kind of expect. Yep, am I able to share on here? One second. Test, test, test, test. Yeah, I lost my audio, my mic. Okay, I can hear you now. That was me. Okay, no, it's always me. I got a new microphone. Test, test, test, test. I got a new microphone. And so, you know, always just messing. When you mess with the setup. There we go. Okay, I'm good. I'm back. Yes, so we were talking about NFTs. So again, I'll talk with Jose. I kind of sprung that on him. I had never mentioned that to him before, I don't think. So we'll talk about it offline, and then we'll get back to you guys. But yeah, I think that could be a good idea. But yeah, Jose, we were wanting to know about results. Were you able to get your screen shared? That's when I lost my sound, but I guess it was on your end. Yes. Let me share your screen. We want to share my Chrome. Okay, can you see? Yes. Okay, so this is pretty much a Google Sheet that each of you guys will have access to. Every store has its own separate sheet that my team uses to basically track all of your sales and cost of goods sold. And mainly, the reason why clients like to see this is just a profit. Most of the things on here, you don't have to worry about. The two things that people kind of look at is, number one is how much have they spent so far on their credit cards, their COGS, cost of goods sold, and then the profit, how much profit have they made in the month. So every month, my team will pretty much make a new page for you guys that will keep track of all your sales and profit. But as you can see, this store in the month of January, they spent about $40,000 on their credit cards. And after supplier costs, Amazon fees, which is the 15% that I was referring to, after all expenses and fees, they made about 10.5K in profits. And again, that's gonna be take-home pay. As you guys can see, every month is gonna vary. In the month of December, this client did about $6,800. November, about $6,500, $6,000. So it's pretty consistent, as you guys can see. Same thing with this client. They did about 13.5K in profit in the month of January, 13.8K in the month of December, November, about 2K. So yeah, it just comes down to how old your store is, how well it's doing, how much credit you have, so as you guys can see, this client, they're spending about almost 50K on their credit cards on a monthly basis, but they're able to make high four to high five, or low five profit months. And that profit's after they paid off the credit card, too? Yeah, so this is after, basically, if they didn't sell again, had they paid off their credit cards after receiving the money from Amazon every two weeks, this is how much they profited it for the month of October. Now, I don't think we mentioned this earlier. Besides the profit split, besides the 27K on a monthly basis, there's a profit split. It's a 65-35 split, which I'm sure you guys have seen with Facebook or other automation companies, whether it's like a 50-50 split, 60-40. I keep it at 65-35 universal between all my clients. So basically, 65% of this profit is yours to keep. 35% is paid back to my team on a monthly basis. So every month, we will invoice you guys 35% for whatever we made for the previous months. At the end of the day, my team and I want you to be successful, because the only way they get paid is whenever you guys make money. So the more you can make, the more they kind of make for themselves. Okay, yep, nope, that makes a lot of sense. And let's see, DJ says, 40K on credit cards. And yeah, that's actually a good thing, because like I was saying, if you can find a credit card that gets you 1.5% cash back, well, that's an extra 600 bucks a month that you're making in credit card points. So as long as you're able to sell the inventory, it's actually not that bad of a thing. So I need to maybe make a line of credit via crypto. That's an interesting idea. So I'll consider that. I'm open to anything, guys. Again, I'm probably gonna be the easiest person you've ever worked with. So again, if it sounds like you get this idea and something that we can run with, then I'm open. But yeah, like what James said is any credit card that you wanna use or you have access to, whether it's a 1.5% or 2% cash back credit card, or whether it's a miles card, airline miles or points, whatever card you feel fits your needs, we will use it. And like I said, you're able to earn an extra 500,000 bucks just as a bonus, just for using that credit card on a monthly basis that you're gonna pay off regardless. So it's a win-win. Yep, absolutely. And DJ says, problem is having the 700 plus FICO score. And yes, that actually is, that can be a challenge, but I'm sure Jose's dealt with that and there's ways that you can work and different things. So for sure, if you're interested, schedule a call. There's no harm in scheduling a call. Jose does not take me as a super hard sales person who's gonna, if you hop on a call, he's gonna, sometimes I feel like, oh, I have to buy, I'm a people pleaser. I don't think Jose is gonna do that to you, so. Nope, like I said, I tell people, look, most of my clients that are coming in are word of mouth referrals from people that are in my service. And that's the way I like to do it. So I don't like to pressure people to buy in. And I tell people, look, whenever you're ready, you're 100% on board with this. I'm ready for you guys whenever it's tomorrow, today, or three months from now, whenever you're ready. So whenever that's the case, you just know how to reach me. I can help anyone that wants to pretty much help themselves. Okay, very good. So that's my questions. We have a whole bunch of questions from the audience. So let's kind of power through as many of these that we can get to. Again, if I don't ask your question, we might've already talked about it. The replay of this will be available right when it's done. I'll try to get in chapters so you can skip around to questions that are pertinent to you. Is it possible to use your existing Amazon and Walmart stores and have you guys just take them over? That's a great question. And yes, we would love to take them over. If you have an existing Amazon store that you maybe have had open for a couple of years, you never really sold on it, or if it was currently being served by someone else and it's an active store, that's actually a positive for you, which means as soon as you sign up, we can actually scale those. They're considered age stores, which means they've been pretty previously open. Yeah, we'd love to work those. And typically those clients that have existing stores, typically they see results a lot faster because all the dirty work has already been done on that store. And it's just a matter of us adding items to sell and kind of taking it from there. So yeah, we'd love to work those stores. Okay. And then we talked a little bit about this earlier, but do they do two-step drop shipping or straight up retail arbitrage? We do, to be honest, we do all three. We do regular drop shipping, we do two-step drop shipping, and we also do FBA. It's a hybrid model, I like to call it. And that's just kind of what works for us. Yeah, it's an all-in-one. We don't charge extra for doing FBA or two-step, whatever. We take on any of the fees for that just because we're able to handle everything within our own warehouse. Okay, very good. And do you guys run any ads? No, because the beauty about selling on Amazon or selling on Walmart is everyone knows those two websites already. Most of us shop on Amazon already. So people are already going to amazon.com to buy whatever they're looking for. So yeah, we don't have to run any ads, we don't have to run any PPC, anything like that, just because all we're doing is, our team is doing product research on current items that we're selling on, that are already selling on Amazon, and we're just piggybacking and selling the same exact item at a slightly different price. And that's how we're able to make money from those items. Okay, and then late to the party, is this 100% passive? So yeah, how much work is required? I know for my store, there was a lot of work required upfront, like more than I was anticipating, like getting the LLC set up, and getting your Amazon store set up and all those things. But then after the initial setup, there wasn't a ton ongoing. Is that similar to you guys? Yeah, so the only involvement that we'll need your help with is at the beginning, getting your LLC and getting your Amazon store created. That's something that we walk you through, but it has to be done on your end. It's super simple, don't stress about it. We, again, we'll hold your hand through those things. But once your store is created, and you provided my team the specific logins that we need you to create for them, like a PayPal, an eBay account, stuff like that. Once you've created all those accounts for my team, from there on out, it's passive. The only times we will need your help is if number one is, let's just say your credit card is being blocked for fraud or whatever. Then at that point, obviously, we would need you to call your card company to clear that issue. Or that's pretty much it. As long as you worry about those card situations, as long as you worry about that, again, my team can handle, they're the airplane also for you guys. Okay, and who decides on the products? Is that something that's totally done on your side? Yes, so my team, we have a group of agents within my team. That's all they do is product research. They're the ones that are gonna dictate what to sell on your store. At the end of the day, they wanna make sure that we're selling and we're profiting because with that whole profit split, they only make money whenever you make money. But yeah, my team has 100% control on what is currently selling and what we can sell. My client doesn't have to learn or doesn't have to research on their own what they think they can sell. We handle, they're your store from A to Z. Okay, awesome. Do you guys have any capacity issues? Is there a limit to how many stores you think that you can handle? Like if we have 200 people sign up from this video, is that gonna cause problems? It may delay, people onboarding, it may take 40 days, 70 days, but it's not gonna mess much up. To be honest, right now, we're managing about 205 stores roughly, but we have the capacity to run a little over 500 stores. So we have a lot of wiggle room to work with. When I first started doing this, for me, it was quantity or quality over quantity. I didn't wanna just onboard anyone that wanted a store. I wanna make sure obviously we're a good fit for each other and we have the infrastructure to back it up. We work with our, with my management, the team that I've been working with the last six years. I mean, we started very, very small, but now we're pushing about 400 agents within our umbrella. So yeah, we definitely have the manpower to handle as many stores as of right now. And we're always looking at ways to become more efficient, keep expanding, as long as the demand is there, we'll love to help as many people out as possible. Yep, and kind of the same thing we were talking about earlier with the entrepreneurism, is if there's demand and there's money to be made, then entrepreneurs will find a way. So you can always hire more VAs and spread things out, things like that. So nope, totally, totally agree with that. Does this work for, if someone speaks Spanish, is that an option? And then along with that, does this work for Canadians or is this US only? Yeah, yes to both questions. I do have a couple of Canadian clients that are clients of me. Again, we are selling on amazon.com, so we're strictly on the USA marketplace. But if you're in Mexico or a different country or Canada, and you want to store with me, I mean, as long as you can get an LLC in the US, you should be fine. And obviously, as long as you have credit that we can run to buy inventory, as long as you have that, it should not be an issue. I have just a few, two or three international clients right now. Okay, very good. And that might be something, and again, we can talk about this off air, but maybe the NFT solution where they're combined with someone from the US and yeah, for sure. Realistically, what's the initial capital needed? So you need the 27K, do you need, people saw the 40K in that story you were showing, what's kind of the minimum that you feel like there would be an option to use? And then also, do you have a website or just the Calendly link? I do have a website. It's pretty much done. There's a couple of things on the site that still need to be edited. I had my site completely redone not too long ago, but it is my company Motive Automation, M-O-T-I-V automation.com. You're more than welcome to kind of look through that, look at some testimonials from current clients. Again, just heads up, a couple of the texts is still being worked on. And there's also links, there's also a book a call links on the website that will send you direct to my Calendly if you do want to book a call with myself and my team. But in terms of the credit, any new client that starts with me, I recommend on the minimum side, about 10 or 15K in available credit should be sufficient to sell for the first couple months. But I would recommend whatever you need to do to get more, please do so, because it's only going to benefit you. I do have some clients, all they have is 20K in available credit to work with. If that's all you have, hey, no harm, no foul. We can still be selling about 40K in sales a month, which if we're doing a 20% profit margin, you're still able to make about seven or 8K profit. But at the end of the day, the more credit you have, whether it's personal or business credit cards, it doesn't matter to us. As long as we can charge it, that will work for us. And at any point, anytime you get a new credit card, if you're a client of mine and let's say three months from now you have two more credit cards you want to use, all you need to do is just add them to your Google Sheet, let the team know, hey, look guys, I acquired another 40K in credit, so that they know that we have more money to use, which it's a good thing because they can step on my gas pedal more and generate even more sales, which means higher profits, which again, it's a win-win for everyone. Yeah, in general, this is gonna sound kind of weird to people, but in general, you want to just have as much credit as possible. The more credit you have, the more money you're able to make and you, like Jose said, you can kind of start slower and work your way up. So your credit card might off the bat only give you, we'll say 10K or 15K if you have a low credit score. But then if you are consistently paying that off for six months, you can request an increase. And a lot of times they'll say, oh yeah, you've paid your bills for six months in a row, we'll raise you up to 25K. And so, kind of just starting wherever you can and working your way up is kind of what I would say. Exactly. And last thing is, if you're like Jose, I have 80K available credit to work with, it doesn't mean we're gonna use 80K off the bat. It's kind of impossible because you have to slowly build your score, store the right way and generate the sales. So just because you have 80K or 60K available, again, we're not gonna use it all in the first month. We may only use five or 6K for the first month or two. And then month number three, we may use 25K. And then we'll just keep scaling as, we'll generate as much as we can with the credit you have available. But again, like James said, the more the better. It's better to have it and not to have it. Yep, absolutely. What is the, maybe we'll say average sales and profit from the 205 stores that you run? If we compare all of my age stores and new stores, just all together, average profit that we're seeing on a monthly basis, it's between six and 7K profit per month. But again, it's always gonna vary between your store and my store. But I mean, my store has been running for probably five, six years now, but I have clients that have been with me for nine months and they're making more profit than my store. It doesn't mean theirs is better. It just means that the items they're selling are just more in demand right now, higher profit margins, et cetera, et cetera. So I like to tell people, we're all gonna win. Some people just start off quicker than others. But as long as you're trusted process and you're patient, over time, we'll get you where you wanna be. Whether it's 5K, whether it's 8K, whether it's 15K, I mean, the sky's the limit. Awesome, love it. What about business structure? LLC, C Corp, do you set that up or do we set it up and contract through your organization? That's something that you will set up. Me personally, all of my LLCs and anyone that signs up with me, I recommend inkfile.com, I-N-C file, inkfile.com. For me, it's more about conveniency. Yes, you're gonna pay a little bit more to get your LLC started. But again, the sooner that you can get that, the sooner that we can start a store making you money. I'm not a tech professional, nothing like that, me personally from my stores or just from my company, my stores, I'm an S Corp just for tax reasons. That's what my CPA recommends just because I'm paying a lower tax rate. But again, I would just talk to your CPA or if you need a CPA, my CPA, she's also a client of mine, so she has her own store with me. And she also does bookkeeping, monthly bookkeeping if you want that. So we have people in-house that can help you out if you need to. But most people are just getting the single-member LLCs. And then once their store is making, once they're generating around 30 to 40-day profit on a yearly basis, typically the smart thing to do is to elect your LLC to be classified as an S Corp. And all that just means is just lower tax rate. Yeah, and this is gonna be a hot take, okay? This is not advice necessarily, but if the legal part of it is what's holding you back, don't let that be what holds you back, okay? Just go start, start making some money. You just get a simple LLC thrown up. You can go on LegalZoom, get an LLC filed for 75 bucks. And just get started with that. And then you can, over time, oh, now it's taking off and I wanna be more serious about my taxes and how this is gonna handle. Then you can perhaps kind of move things around, talk to a CPA. But I see, the reason I'm saying this is I see legal things be a reason that people don't do things that would actually be beneficial for them financially. And so I just wanna get you over that. Don't let that be the reason that you're not gonna do it is because of the tax side of it. Yeah, it sounds complicated, guys, but it's really not. Again, like James said, don't let that scare you off. It's something that is important, but it's something that should not prevent you from starting. Again, we have the resources. We have a CPA that I can refer you to. So any question you guys have, I can give you my personal opinion, kind of what works for me. But yeah, don't, it's not scary as you guys think. Yep, absolutely. And Brian, yeah, you hit it nail on the head. Paralysis by analysis. And I'm a big fan, you guys know me. I'm a big fan of just, hey, just get going and then you'll figure stuff out along the way. Actually, when I started my first business, people told me, you're gonna run into legal issues. Don't start that business. And I was like, you know what, by the time it matters, I'm gonna have enough money to pay a lawyer to help me out through these things. And that's how it worked out. I did run into legal issues, but I was making so much money at the time that I was able to work with an expensive lawyer and get that figured out. So yeah, I just wanna encourage people with that. Let's see, do we need a seller's permit or sales tax permit? Do you need some of that stuff? Upfront, we don't need one, just because we're not applying. We use eBay as one of our main suppliers and we're not applying on there to get sales tax exempts just because they don't offer it. So upfront, we don't need one, but with specific FBE suppliers that we work with, they require it. But if the team says, hey, Chris, we need a sales tax permit, whatever, you don't worry about that. We handle that for you. Okay, very good. You kind of mentioned this already. Maybe we'll kind of finish up with this one unless anybody else has more questions. Again, I'm gonna afterwards, I'll have this recording available with the chapters put in so you can skip around to different questions. I'm also gonna kind of just do a synopsis of everything we talked about today and I'll put out a nice 10 minute video just kind of walking through the opportunity and things like that. MBP, Mountain Brother says, how long does it usually take to reach the six to 7K a month in profits? And what's the revenue like on that? Are you seeing 46K revenue or what's the numbers there? Yeah, I have a sheet I'm looking at right now. So I mean, to hypothetically reach 6, 7K profit, I mean, we have some stores are doing it the second month, the third month. So within less than 100 days, they're reaching that point. Typically, if the store is doing about six or 7K in revenue and sales, that typically means they're probably selling around 35, 40K in Amazon sales, which is not a lot to be honest. But again, at the end of the day, it's all your profit is gonna be dependent on the profit margin, the ROI. So if you sell 30K in Amazon sales in the month of January, at a 20% profit margin, so that's about 6K in profit. You can hypothetically make, and it's not hard at all, guys. The hardest thing is just starting. My team is very good at what they do. And you'll be profitable from day one, just because again, we're selling items that we can make money on. But the sooner you can start, the sooner that we can get you guys going. And again, you can literally go from 1K the first month, 5K the second month, 9K the third month. That's kind of a typical time where you can expect to receive. Awesome, yeah, and I think people don't realize sometimes how much money Amazon is actually selling and making. I think last time I read, Amazon is selling or making $1.5 billion per day. I mean, that's how much is going through things like this. So yeah, it's crazy. The internet's a crazy place. We're at a crazy time where there's opportunities like this sitting around. So I will go ahead, let's go ahead and close there. If people have more questions, definitely you can schedule a call. I'm putting that link again. So schedule a call. Is there a way to reach out via email on the website? Not on the website, there's only a book a call. But ways to reach me is either booking a call if you're ready to move forward. Towards the bottom of the website, there's my Instagram page. That's another way to reach me directly. Or my email, which is support at motiveautomation.com is the third way. But typically talking, prefer to talk to you guys one-on-one and be able to answer any other questions that you guys may have before getting started. And just make sure if you do book a call on the county, make sure you do put the James person referred to you just so I know that you came from this video. Okay, very good. Well, hey, Jose, I appreciate you coming on. We're gonna be in talks. I know we're talking about getting my store set up. I wanna talk to you about an NFT collection. And I wanna get another video out that's kind of just like a quick 10 minute one that if people just want kind of the nitty gritty, we can do that and leave a link to this one if they want more details. So first off, audience, appreciate you guys. You guys ask wonderful questions. I enjoy looking through stuff like this with you. It's just a lot of fun for me, just kind of examining these things and knowing what we've got. I think we've gotten better at what questions to ask over the months. So, and Jose, thank you so much for coming on. Appreciate you just talking through this, answering our questions. And I look forward to working with you going forward. Yeah, sound good. Thank you so much, everyone for taking time out of your busy days to listen to this. And again, if anyone is in Texas or just driving by or wants to visit our operations, again, just reach out to me. I'm pretty open. Just let me know and we can have you check out the warehouse and kind of go from there. Awesome. Appreciate it, everyone. And I hope you all have a great rest of your day. Thank you so much. Thank you.