I wanna start selling my own product soon (still have to look for one btw xD), however, I'm unsure whether I should start with my own website or with FBA.
Going for the website would basically be the concept MJ and Tim Ferriss (4-Hour Work Week) recommend, even though I don't quite know their opinion on selling on Amazon. I'd basically pick a niche, look for existing products and offers and skew value.
As for FBA, I have two courses that teach everything extremely well with clear criteria for products to look for.
Basically, the main difference between the two would be the sales channel, however, if I would be starting out with FBA I could always expand to my own website later and vice versa.
Also, this won't be a project for a lifetime for me, I'll always continue to work on further ideas and concepts, I just think this is a better idea than starting out with a giant project (think of something like Apple) right away as I currently don't have any real stream of income (even though I already have a lot of experience, a solid network, and some funding).
As for simplicity, I attached a poll below. I'd still highly appreciate a detailed answer about your opinion and why you think so. Thank you so much in advance!
Going for the website would basically be the concept MJ and Tim Ferriss (4-Hour Work Week) recommend, even though I don't quite know their opinion on selling on Amazon. I'd basically pick a niche, look for existing products and offers and skew value.
As for FBA, I have two courses that teach everything extremely well with clear criteria for products to look for.
Basically, the main difference between the two would be the sales channel, however, if I would be starting out with FBA I could always expand to my own website later and vice versa.
Also, this won't be a project for a lifetime for me, I'll always continue to work on further ideas and concepts, I just think this is a better idea than starting out with a giant project (think of something like Apple) right away as I currently don't have any real stream of income (even though I already have a lot of experience, a solid network, and some funding).
As for simplicity, I attached a poll below. I'd still highly appreciate a detailed answer about your opinion and why you think so. Thank you so much in advance!
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
