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113 - Should You Take Out a Loan For Inventory to Sell on Amazon

113 - Should You Take Out a Loan For Inventory to Sell on Amazon

FromThe Full-Time FBA Show - Amazon Reseller Strategies & Stories


113 - Should You Take Out a Loan For Inventory to Sell on Amazon

FromThe Full-Time FBA Show - Amazon Reseller Strategies & Stories

ratings:
Length:
15 minutes
Released:
Dec 6, 2021
Format:
Podcast episode

Description

The topic of whether or not to take out a loan to buy inventory for your Amazon FBA business is one that comes up pretty regularly, especially for some newer sellers. Discerning if that loan offer is a good idea, from Amazon or any other source, needs some careful consideration, so we're here to help you make the right choice for your business! Today's episode covers four main reasons why we think you should turn down a loan from Amazon, where we investigate the different risky scenarios that could occur, as well as some psychology behind what happens to the human brain when you're spending other people's money. We touch on our personal relationship with debt and provide some words of caution on being mindful of how the burden of owing someone else money could put stress on your spouse too. We also let you in on a great hack for buying inventory with a credit card (the right way), plus you'll hear all about what we believe are the most solid foundations you can use to set your business up for long-term success. This is a conversation you don't want to miss, so listen today!
Released:
Dec 6, 2021
Format:
Podcast episode

Titles in the series (100)

Sometimes selling on Amazon can be frustrating, but we're here to help. Hosted by Full-Time FBA's Stephen and Rebecca Smotherman, The Full-Time FBA Show is a podcast focused on helping you grow your Amazon FBA business to a point where you can make a full-time income with only part-time hours. We'll talk about the best Amazon FBA strategies and hear inspirational stories from those who have succeeded in making a full-time income with Amazon. The podcast features fresh content, proven strategies, and motivational interviews that are sure to help you take the next steps in growing your Amazon business.