How to Setup an Herbal Supplement Company: (And Make Passive Income From It)

By Warren Sykes

How does sitting on a beach with a cold drink sound? How about getting an email alert while sitting there that you just got had a deposit of $1,000 go into your bank account? That could be you.

This book will walk you through the steps to take you from being the office grunt to multi-millionaire herbal supplement business mogul. The steps are simple to understand, and easy to use. They take time, and your attention, but once the process is going, you can step away and spend the rest of your time enjoying yourself and watching the money roll in. Passive income is the dream. Free money. Working on the business, not in it.

Now, ask yourself, is that worth $5?

I thought so.

• Language: English
• Publisher: Poor Man Publishing
• Release date: Mar 26, 2018
• ISBN: 9781386011354

Book preview

Forward

 In this book you will learn everything you need to know to start the process of separating your time from your income. It is a comprehensive lesson plan for building wealth and freedom. It walks you through setting up a company that will be able to generate monthly income without requiring your attention 8 hours a day. Instead, you can fill your time with your perfect life.

Timothy Ferriss detailed this plan in the abstract in his 4 hour work week best seller. Millions have followed his book. I was one of these. What I realized, though, was he was missing a key part of the process. A concrete step by step guide. That's what I've brought to the table here. We use the example of an herbal supplement company, but the steps work just as well for other industries. The plan is abstract, the examples are concrete. 

My suggestion to you is to read the book front to back, and once you're finished with it, consider trying it out. The proof is in the pudding as they say. You can read a recipe all day long, but you'll never know how it tastes until you put the ingredients together and stick it in the oven. Put some money into herbal supplements following along with this book, and if you don't like the industry, close the business when you've earned your money back.

And you will earn your money back. It's not a question of if you will make money, it's a question of how much money are you going to make. Are you going to dive in head first and put everything you have into this? Or are you going to waffle and only go part way in? There is no half way. This industry is ripe for the taking. It's flush with cash, and there are more buyers than can be sustained. People love supplements. And rightly so. 

But even if you don't want to be a supplement company owner, walk yourself through the process, setup an actual company, maybe you decide to find a partner who you can split costs with. Whatever works. All I ask is that you don't just read this book. This is not a book for reading. This is a book for doing.

So do it.

- Warren Sykes

Table of Contents

Chapter 1 - Define Your Niche

Sports Supplements

Weight Loss Supplements

Herbal Health / Vitamins

Sex Health

Chapter 2 - Find a Supplier

Words of Wisdom

Private Labeling

Drop Shipping

Virtual Assistant

Content Management System (CMS)

Customer Relationship Management (CRM)

Finding a Supplier

Sample Script

Chapter 3 - Registering your Company

Don't be a sole proprietor

Corporations

LLCs

Seriously, speak to an attorney

A rose by any other DBA...

EIN

Licensing

Chapter 4 - Setup Payment Processing

Banking

PayPal and Other Payment Processors

Chapter 5 - Create a Website

Buying a new Domain Name

Buying an Established Domain Name

Buying an Established Website

Where to Buy Domains and Websites

Building a Website

Branding and Marketing Materials

Chapter 6 - Online Sales Venues

Your own Website

Amazon

eBay

Drop Shipping

Chapter 7 - Advertising

AdWords

Facebook Ads

Email Marketing

Brochures and Catalogs

Local Businesses

Chapter 8 - Making Your First Sale

Getting the Sale

Keeping the Budget

Subscriptions and Recurring Charges

Chapter 9 - Customer Service / Returns

Keeping the Peace

Handling Returns

Virtual Assistants

Copyright

Chapter 1 - Define Your Niche

Deciding on a niche is the most difficult part of setting up a supplement