How To Start 2024 Off Right: Achieving Goals, Business & Lifestyle
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Thank you.
And we are live.
What's up, guys?
Welcome to Fresh Air Podcast, man.
It's Money Monday.
We're here with KT Hustles.
We're going to talk about planning yourself to make some money in 2024.
Let's get into it.
Let's go.
Welcome to Fresh and Fit Podcast, man.
It is Money Monday.
We just were talking about how it's a federal holiday today.
They didn't know it was MLK's birthday, man.
See, when you're on your grind, you don't know about holidays, bro.
Yeah, you don't even know about holidays.
None of that stuff, man.
Entrepreneur life, man.
No such thing as holidays over here.
But anyway, guys, regardless, welcome to Fresh and Fit Podcast, man.
Quick announcement before we get into the show.
Number one, Rumble.com slash Fresh and Fit, guys, where you can get all the content.
So if we ever get banned, you know exactly where to find us.
That is the home base, Rumble.com slash Fresh and Fit.
Also, check us out on CastleClub.tv.
Where we have all the behind-the-scenes stuff.
We're going to start getting some more exclusive content on there as well, starting tonight, actually.
Yes.
And, yeah, that's pretty much it for announcements.
Check me out on Twitter, Unplugged Fidex, guys.
I'm trying to grow it.
We're at 70, what is that, 72, 73?
That's pretty good.
73, all right, nice, guys.
We're only 27K away, and we're live right now on there, so shout-out to y'all, because the other one is dead.
The other Twitter is dead, so, you know, it is what it is.
Look at Freshly Scared.
Okay, we're going to move on to Friday.
And guys, check me out on FedReacts2.
Go ahead.
And then for me, the vlog channel, if you want to see the vlogs live, us in the gym as well, working out, making strides in business, go check it out.
Cool.
But without further ado, guests of honor in the building, KT Hustles.
What's good, brother?
What's going on, bro?
Good to be back here.
So you're outside, man.
I see you all the time, living good, driving nice cars, getting on yachts, making money.
What's new with you, bro?
New year.
New Year, man.
So I set some very, very big goals for myself this year in all aspects.
Less financial, more personal life, you know, all of that.
Health, all of that.
So a lot of big goals this year.
So looking forward to it.
So let's get right into it, man.
E-commerce.
Should somebody start now or later on in the year?
What do you think?
So for Amazon FBA and e-commerce in general, it's always a good time to get started, especially nowadays as people are buying more stuff online.
Like every single person here listening knows someone who's buying on Amazon right now.
They probably bought off Amazon today or yesterday.
So it's just continuing.
So it's definitely the best time.
And now it's 2024.
It's a perfect excuse to get started.
Brand new year.
So let's go from step one for somebody new into e-commerce, for example, Amazon, FBA. How do you get started?
First step.
How do you get started?
Yeah.
So, I mean, I would watch YouTube videos about the business model in depth and then see if you like it first or if you like it or not.
And then go deeper into it, start your account and make some test buys of products.
And if you watch enough YouTube videos for free, honestly, you'll get enough information to know how to order your first few products.
Yeah.
What should it start with as a first product, you think?
As a first product?
So for me, in my opinion, one of the easiest, most simple ways.
So e-commerce is very complex.
There's different types.
There's Shopify.
Now there's TikTok Shop.
There's Amazon FBA. But then in Amazon FBA, you got online arbitrage, which is when you're buying products, like brand name products.
Like Method, Dove, all that, from websites online like Bed Bath& Beyond, Best Buy.
Then you got Wholesale, which is when you're skipping the website and you're going directly to the brand or a large distributor.
So that's Wholesale.
And then there's Private Label, that's developing your own brand from scratch.
You run your marketing, all of that.
The difference between those is that in online arbitrage and wholesale, you don't do any marketing or run any ads because you're selling brands that have already built up their own reputation over a long time.
So, you gotta see which one you wanna go into first.
Okay.
And which one do you recommend?
Yeah, so for me, I started off doing online arbitrage.
I was going into the stores and buying pools, Nike soccer balls, all that.
You mean the inflatable ones?
Yeah, yeah.
All that.
I was going to the store, also was buying them online at the same time.
And in my opinion, it was really, really simple, just because I didn't have to do my own, like...
Advertising or anything like that.
It was just, okay, I bought this product for lower and I was able to sell it on Amazon for higher.
And there's a lot of listings like that where you can just go find it online or whether you can go online and find it for a discount.
I remember last time I was on here, it was Memorial Day and there was like crazy Memorial Day sales going on where people, like my students, were getting 20-30% off and going on Amazon and selling stuff for like 70-80% return on investment.
And that's how the business model takes advantage of it.
What's the most one of your students ever made from the actual day?
I mean, I can't give an exact day, but I have students that are doing now $300,000, $400,000 a month in Amazon sales.
That's what I'm doing.
It's funny because even in my network, some of the guys signed up for his training and mentorship.
They're killing it right now.
Making good money.
So, 5-10k a day.
That's pretty good.
Yeah.
Cool.
Alright, yo.
KT, what about, for example, I know now you've been living the lifestyle as well.
I see you all set all the time.
How's dating been in Miami itself?
Honestly, bro.
Like...
I've been going out a lot and having fun, enjoying, you know, but most of my time is dedicated to just working and trying to build up myself.
Like, for dating-wise, I'm not looking for, like, you know, my girlfriend yet, wife, because I haven't found that.
I just, like, fully focused on building my business and, you know, putting as little energy into stuff that's not that important.
Smart man, but listen, bro, I see the cars, the watches, the lifestyle.
How do you, like, focus on business over, like, partying and having fun?
How old are you now?
25 now.
How do you manage that, bro?
It's because I have a lot of passion towards building business.
Honestly, like, you get the watches, you get the cars.
It's cool to get all of that, but then you're going to realize once you get all of that, all right, it doesn't give you that much fulfillment.
Mm-hmm.
Number one thing for me and a lot of people, especially in the city, is you're building something.
You're building your business up.
You're building yourself up.
And that's the most fulfilling thing.
You're building your family up.
And that's what I like, honestly.
That's fire.
Cool.
So you mentioned new businesses that you want to start or get into for this year.
What are those businesses?
Yeah, so I'm keeping my Amazon business going.
I work like 10 hours a week on that, and I'm keeping that going.
I want to do similar numbers to what I did last year.
It was great.
I don't have to work as much.
But I'm starting my own brand now that I've got all this e-commerce experience.
I've seen how these big brands work, how they market, all of that.
So now I'm starting my own thing very soon.
I got my test files already.
I've already tapped into the top people in e-commerce, Shopify, and I've gotten some mentoring from them.
And, you know, I've had some free conversations, had some paid conversations, and I kind of know what I'm doing right now.
And that's my goal is to just get my own brand up and start doing like 300k and revenue off that and just like soon.
That's fire.
Alright, I got a question.
So, you mentioned Shopify, Amazon, dropshipping, e-commerce in general, and there's different types of e-commerce.
Can you, I guess, identify and then explain to the people what each one entails and the differences between them?
Because people that aren't necessarily in that world have zero clue what you mean.
When they say e-commerce, it seems like it's a big umbrella term and there's a bunch of different things underneath.
Can you explain each portion, like what Shopify is versus Amazon versus dropshipping, etc.?
All of that.
Yeah, I got you.
So e-commerce is selling products online.
So most of the time when you're buying products online, you're buying like, for example, like Gymshark, that's on a Shopify platform.
It's on Shopify.
So it's just a company that's built off Shopify and they're starting their own brand.
Like, you know, they're running ads, they're running Facebook ads, they're running TikTok ads to their page.
Instagram, texting, everything.
Exactly.
You see it all the time.
And now we've got TikTok as well.
So people are running ads on TikTok as well.
And there's also what is called TikTok Shop.
If you're aware of that, it's a new thing.
It's new, yeah.
Yeah, people are making a killing off that.
I haven't tapped into it.
But that's all, it's all the same thing.
You're finding what the demand is, what's in demand.
And you're building a brand off of that.
And you're making creative ads that can separate yourself so you can, you know, you can stand out and run it up.
And that's Shopify.
And that's...
So Shopify is like, so Gymshark would be an example of Shopify.
Perfect example.
Okay, because they're a brand that, I guess it's a gym leisure, and they have an online store that would be considered Shopify.
Yeah.
Okay.
And then, sorry, then you were going into Amazon or dropshipping, or what was the next one?
Yeah, dropshipping is when you're using a supplier who, like, you don't have a warehouse.
You're using a supplier and they, whenever someone places an order, they're going to go put your label on it and then ship it out to the customer.
So that's dropshipping.
And it's Shopify, it's all like building your own brand, but that's just like where you're not warehousing your inventory in your own warehouse.
Okay.
Yeah.
So, how does that work?
Like, if you're gonna, like, you purchase it, or someone else purchases it, and then you, how do you fulfill the request?
Yeah, so for dropshipping, which honestly I don't do, but I know about it, is there's companies out there that are suppliers.
For example, let's say I wanted to sell this red cup, but instead of whatever brand it's on here, I want to put my own brand on it.
There's manufacturers that develop the same exact product, and I'll tell them, hey, Every time, basically, I want to put my label on it.
And every time someone makes an order, send it to them.
So pretty much, that's how it is.
Like Teespring, basically.
Yeah.
Okay.
So if someone else houses and fulfills the orders for you, and they take a cut, and then you get a cut.
Yeah, like you pay the manufacturer.
Yeah, and it's all...
And they have all the logistics and everything for you.
Yeah.
So Teespring would be an example of dropshipping, I guess.
Yeah.
Okay.
Yo, bro, you mentioned last time on the last podcast, you can get banned from Amazon for doing something with someone else's product.
Dropshipping, right?
Yeah, so dropshipping on Amazon is not allowed.
Yeah.
So...
Okay.
Yeah.
Okay.
eBay too?
Banned?
I'm not sure about eBay.
I don't sell eBay anymore.
Okay.
Yeah.
And then, okay, so then we have, so Shopify, dropshipping, and then obviously Amazon, which is your expertise.
Is there another avenue for e-commerce, or are those the top three, main three?
So for Amazon FBA, there's, like I was saying, online arbitrage.
When you're buying brand name products from...
From stores like Walmart, Best Buy, Bed Bath& Beyond, and I made an example like Method Body Washer, Dove Soap.
There's listings on Amazon that are selling really well.
You can go into the store or go online and buy these same products and sell them on these listings on Amazon.
So that's online arbitrage and retail arbitrage.
And then wholesales, we're cutting off going to the website.
We're going in the store.
We're buying directly.
But when we're buying directly, it has to be in bulk quantities.
Because a big brand like Dove is not going to want a 2K order.
They're going to want a 30, 40K order.
To make sense for them.
To give you that discount.
Yeah, exactly.
And I started off doing online and retail, and then I started doing wholesale.
Once I started running out of products, they're running out of stock in the stores.
So I was like, I need to get more, contact the brand, and started from there.
And now all I do is wholesale.
Okay.
Yeah.
And that's all brand name products.
And then we got private label, which is on Amazon, but you're building your own brand on Amazon.
Okay.
Yeah.
So it seems to me like there's three...
So e-commerce is like the umbrella and then underneath you got three main avenues.
It's Shopify, Amazon, and then dropshipping.
Is there something I'm missing?
Shopify, like dropshipping falls under Shopify.
Okay.
Shopify, Amazon, FBA. There's like Etsy and eBay, but my main focus is Amazon and I'm getting into the Shopify section now.
Okay.
Yeah.
I have a question.
Let's look at a quick demo here.
I'm watching the show.
I want to make money in 2024, right?
What's the step-by-step process?
Let's say, for example, I want to get into e-commerce.
What should I choose out of these three top ones you just mentioned?
And then, for example, what products should I buy?
And then, for example, how should I learn the actual process itself?
Yeah.
For me, when I first started, for example, I didn't have many skills.
All I had was a little bit of sales experience when I was selling cards to the dealership.
So I had some sales experience.
I had zero marketing experience.
So I got lucky and I found reselling on eBay.
So I was just getting...
I was the guy.
I had PS5s and I was selling PS5s.
I had Nintendo Switches and I was selling those too for $100 profit.
So I didn't have much skills, just a work ethic.
Wait, 100 bucks profit?
$100 profit.
How much are you selling them for?
So I bought Nintendo Switches for $300 and I sold them for like $450, $400 something.
Damn!
Yeah.
Like, I was doing that.
What about the PS5s?
What was the margins on those?
Probably crazy, right?
Yeah, PS5s.
I was buying PS5s for $500 and selling them for $1,000.
Yeah, because they're sold out.
It's hard to get them.
Yeah.
So what year were you doing this with the PS5s?
Because I remember there was a huge craze for that.
Yeah, this was back in 2020, like the end of 2020.
Yeah.
Wow.
You put the finesse on.
Oh my God.
I mean, it was simple stuff.
Like COVID hit, I couldn't work at the dealership anymore.
Right.
So I was like, I got to figure out a way.
And my friend put me on and I just ran with it.
A.K.A. Hustle.
Okay.
So next step after that.
So like I was saying, that doesn't require that much of a big skill set.
When you get on Amazon, you need to learn a few softwares such as Keepa.
That's a software you gotta learn on Amazon.
That's Tracking Supply and Demand.
How do you spell it?
Keepa?
K-E-E-P-A. Keepa.
Yeah, so...
Keepa and a few other softwares that you need to learn, but it's not like you need to be a marketing genius.
You're not competing against these crazy companies, these CEOs that have been running their businesses for a long time.
We're just finding products for a lower price and selling it for a higher price.
We don't need to build up a brand like Method, for example.
They built up their reputation for over a long time.
It's funny, I use that product myself now.
Yeah, I do too.
I ship it from my warehouse to my spot and I use it.
Who put you on?
Because for me it was a white girl.
Who put you on?
Nah, I just found it on Amazon.
I was buying it and selling it.
What is this thing?
Method Body Wash.
Oh, it's Body Wash.
Okay.
Yeah, I used to sell it back in 2022 and I would sell tens of thousands of dollars worth of it.
Now a question, Keepa, you said it tracks supply and demand of products?
Yeah, so when you're reading a Keepa graph, so when you're on Amazon and you're looking at a product, like you're doing product research, you're trying to figure out, should I buy this product or not?
You're gonna see a graph on the bottom and it shows the price history of a product.
So for me, I buy products that have consistent price history over the past three months, and I'm profitable at every single point.
Okay, so three months is your magic number.
Yeah.
Has it been in demand for three months?
Yeah, it's been selling at the same price for around three months.
It fluctuates a little bit.
That's how Amazon works.
It'll go to $19.99, it'll go to $21.
It fluctuates up and down, but I need to be profitable at all points of time in the three months.
Okay.
If it's profitable, then you'll add it to your, I guess, repertoire of items you sell.
Yeah.
So first I look at the price history and then next I look at the demand, which is the sales.
There's what's called a sales rank on Amazon and you're just seeing how much the product is selling, how often, like how many times a month is this product selling.
And once you learn that really well, like people learn it And they never really learn it like that.
Like for me, there's a software called AZ Insight where it actually tells you how many sales of products sold a month.
But for me, when I look at a keepograph, I don't need to look at, you know, I could put that number in my mind.
Is it because you're more advanced now, you know what to do?
I've been doing this day in, day out for over, it's been three years and one month now.
Wow.
Yeah.
What's it like coming up from nothing, ups and downs of being an entrepreneur?
Because how old were you?
You were like 20, what, 22?
Yeah, I was 22 when I started selling on Amazon.
It was three years, yeah, three years and a month.
But before that, for the past, like...
Six, seven, eight months, I was selling on eBay and flipping pools, flipping PS5s and stuff like that.
I started off with barely any money, bro.
So, you know.
I have a video I want to play as well.
Mo, let me know when you bring it up on the screen.
I found this on your page, actually, and it was actually very inspiring.
It motivated me as well.
So, Mo, let me know when you got it.
So, what other ups and downs do you have?
For example, being an entrepreneur, like, I don't know, struggle of working every day, waking up, doing the same thing.
Yeah, so a big struggle as an entrepreneur that many people will fall to is that you've got to be consistent no matter what.
Because one big L, you can quit when you take a big loss.
For example, for my one big loss for me, I lost over $27,000.
That's all I had.
Not all I had, but that's all I made that month.
And I lost it all.
How'd you lose it?
A shipping violation.
So I was shipping products out, heavy pools, and each pool that shipped out, they charged me $1,000 on because I was overweight.
$1,000, taken out of my account.
Amazon charged you that?
Yeah, and I almost wanted to quit.
Like, I was close to quitting.
And that's when, you know, you gotta just keep going.
No matter what, you have downs like that, you're gonna keep going.
The thing about these ups and downs is that they only get worse.
It only gets more exponential.
Now it's like, alright, now I'm not playing with 20k anymore.
I'm playing with hundreds of thousands.
So I could lose that much money.
So how would that feel?
For me, losing money has felt the same no matter what.
I just become stronger.
So that's one big thing.
Okay, we got a video ready right now.
And this is very inspiring.
I'm KT's page on Instagram.
Go check it out.
That was dope, bro.
That was fucking awesome.
Okay, another, I want to say, down that you have with business.
Because I feel there's a lot more to Amazon that, like, you know, you can get into and lose money.
But, like, what else, what's, like, another down that you had?
Alright, another down, too, that is very common.
So, alright, we're selling these brand name products that, like, we're not, we're not the only person selling it.
For example, on a listing, like, I was always talking about Method Body Wash.
There's 20 other people on that product, so what if everyone is just like, oh, I have bought too much, I need to get my money back, basically.
Some people gotta pay off their credit cards, so they drop the price so they can sell out and pay off their credit cards.
And now, everyone's selling at a loss, called price tanking.
That's probably one of the most annoying things when you're selling on Amazon and doing my business model selling brand name products.
And the thing is, when that happens, if you're doing online arbitrage or retail arbitrage, which is like the beginner model, how you can start doing 50k months, 100k months in revenue, you can return your stuff.
But for me now, as I'm doing wholesale, I'm not going to go to my supplier.
Like, for example, I have a product that's tanking right now.
I'm not going to go to my supplier and be like, yo, can I return 30k worth of this?
You can't.
Nah, he's going to be like, oh, we're not doing business anymore.
And then boom.
Yeah, it's better to just eat it and then continue the relationship, right?
I guess.
And then sell it at a better time.
Yeah.
Are you just going to hold on?
So are you going to try to get rid of it now?
Or are you just going to hold on to it and sell it when I guess the market's better for that product?
That's a good question.
So what I'm doing now is I'm just waiting to see other people sell out because everyone's going to sell out.
Especially when they drop price, demand rises too.
People see, oh, it's even cheaper now.
So more people start to buy it.
So I'm waiting for them to sell out and then I'll keep my price where it's at, where I'm profitable.
And then you'll put it back on the market.
Yeah.
Let them sell out.
A month after than I expected, but I'll sell out.
And I guess this is kind of the beauty of having a bit more experience and stuff like that is that you can afford to say, you know what, I'm going to shelf this product for a while.
Let them go ahead and sell it because they need to make money now and pay back their debts.
I'm okay.
I can sit on this for a bit and then you sell it.
That's how it works.
Now, you had mentioned before that you look at Keepa and you want to make sure that the product is profitable for at least three months before you sell it or whatever.
But you also are very good with seasonal stuff.
We had talked about this, I think, right around Thanksgiving or Halloween.
Sorry.
Yeah.
Halloween.
Skeletons that he sold.
Yeah, and he gave some game on some things that you should sell.
One product that would make you thousands of dollars.
Can you talk a little bit about that as far as the seasonal game goes?
Is that still something that you're very specialized in or do a lot of people do it?
Do you recommend it for beginners?
I highly recommend it.
Seasonal stuff...
Is kind of a cheat code because on Amazon, like for my business model, I'm selling stuff that sells out throughout the year.
But let's say I have some more money to invest.
Okay, there's like right now is not much seasonal stuff.
But soon, you know, we got like, okay, Valentine's Day is something I was selling chocolate back a year ago.
So that and then there's also like Fertilizer is going to be selling because think about summer's coming up.
So people who go and capitalize on that, you know, prices are going to increase on that and demand is going to increase on that.
People who plan it can make five, six figures.
So the farmers buy their fertilizer now?
Like, yeah, people are, you buy, the resellers, the resellers are buying it now.
Like now, February.
To sell in March and May and stuff.
Exactly, exactly.
And there's always seasonal stuff going on.
When I came on during Memorial Day, I was talking about, or it was, I don't know, Labor Day?
It was Halloween.
It was September, October.
Man, I don't pay attention to these holidays.
Only when I'm making money.
So I was selling skeletons.
And I was saying it, and after the show, I still sold a whole bunch.
So, yeah, skeletons during that, like Halloween products, and then Christmas is absolutely insane.
Now that Christmas is done, what were some of the products that you sold that made you a bunch of money, if you don't mind sharing?
Yeah, so for me, the thing about the holiday season in Q4 is that sales in every single category increase.
So I was just buying more of what I usually buy.
I wasn't going too much in the seasonal stuff anymore because now I'm looking into new other businesses, ways to deploy my money.
So it's not like I'm 100% all in on just trying to find the next product on Amazon.
Because you were going to make money no matter what because people buy during the holidays.
What about for November then?
Did you buy anything special in November that people can learn from?
November, no.
Last thing I did was the Skeletons for Halloween because I've been selling that for years.
But I know there's Christmas lights I sold two years ago.
I didn't sell those this year, but Christmas lights were going crazy.
And a lot of people, especially people who know about Amazon FBA in the chat right now, they know that some of their friends or some of them even were doing crazy numbers during that time.
So, yeah.
So you mentioned getting products on credit, right?
Let's say I don't have money right now, but I have a credit line or credit myself.
Would you recommend getting products on credit at the beginning, or should I wait a little more advanced to do that strategy?
So I would just go into it moderately.
I would start with online arbitrage, retail arbitrage, a business model where you can go and return your products.
So I would learn, number one.
Obviously, I like the business model.
Then I would learn, and then I would make a few test buys.
It's not going to hurt me that bad if I test buy $200 Versus making a wholesale purchase for $30,000.
You want to go in and test buy, buying stuff from online websites and retail websites so that you can return it if all goes wrong, which many times people don't have any guidance or whatever.
So stuff does go wrong, especially in my case.
I was always returning stuff when I started off.
So I would do that and learn.
And I remember when I was doing this in the beginning, once I made some money, I got a credit card and I ran it up.
I spent all $20,000.
Damn.
I would not be here because it's really hard to flip a few hundred dollars into over seven figures.
But if you leverage credit, let's say I get $100,000 in credit on credit cards, 0% interest or whatever.
For that first year, a lot of them give you that introductory, hey, zero APR for a year, whatever it may be.
And you can open a credit line on that and literally start a business off of it because they won't charge you interest for a year.
Exactly.
0%.
It's kind of a hack.
Yeah.
Huge hack.
Yeah, and I didn't know how big of a hack it was.
I was like, okay, 0% credit card, cool.
I didn't realize that.
I'm just getting free money.
So I would spend $100K, and back then I was buying stuff that would give me 50, 60% ROI. So off $100K, it's like $50K profit that I, there's no way I would have made that before.
Yeah.
Just off free, you know, free money it gives me.
Yeah, you know, they always say you need to spend money to make money, and sometimes spending other people's money to leverage and get yourself a profit, then pay them back with your profit in hand.
It's like a W. And then on top of that, what are you doing?
I hate to say artificially, but you're artificially increasing your credit score, too, because you've proven to the credit card companies under your credit report, hey, I could take a big amount of money and pay it off.
Yeah, exactly.
This is good because people complain, oh, I don't have money.
I'm broke.
I want to start a business.
What should I do?
If you can leverage your credit in this way, I make a smart, calculated risk towards getting the right product with a mentor.
I think that's a good idea.
You know, it's funny because, as you know, I got my fitness thing.
I'm taking some clients on or whatever.
And a lot of these guys will be like, oh, yeah, I'm going to pay with a debit card.
And I'm like, why don't you have a credit card?
Don't you watch the fucking show?
Oh, I don't have credit.
Blah, blah, blah.
Or I don't have a credit card.
I'm like, Are you a fucking idiot, dude?
Like, what are you doing?
Like, you should have, bare minimum, two to three credit cards, man.
Like, you should have a MasterCard, an Amex, and then you should have a Visa.
Bare minimum, but it amazes me how people, like, don't have credit cards.
It's like, do you not have the self-control to, like, spend it only on things that matter and or use it and spend money that you already have?
I mean...
But it's crazy, man.
I didn't...
Free travel, free hotels...
Oh, yeah.
Free food...
Big perks and a business as well.
Why not get some credit, bro?
It perplexes me.
I just noticed this when I was talking to people.
I was like, why are you using a debit card?
What's wrong with you?
The stupidest thing you could do is use your own money.
Use a credit card.
Get your credit score up.
Just spend what you make.
Don't spend more than you make.
And you'll be fine.
And don't pay interest.
How many cards do you have, if you don't mind me asking, KT? I have, like, eight credit cards.
Spending power, I can't even count how much.
Damn!
Started off just a few years ago.
Yeah.
I just got credit card after credit card.
Yeah.
What companies do you recommend?
So, I recommend...
So, it depends whether you're a beginner or, like, more advanced.
So, beginner, Amex Blue, 0% off the first year.
Sheesh.
Hack.
Yeah, the cashback one, right?
I have that card.
Cheek code right there.
Yeah, right there.
When you're running it up and you have faith and you're buying and selling Amex Platinum, just because they give you a high limit and then it's a charge card.
So like Amex, let's say my first month on my Platinum, 100k in a month, they give me 100k I can spend because there's no technical limit on it.
So that one is good.
Amex Plum is perfect because it's the same thing.
It's a charge card.
You got to pay it back.
After the month, but they give you 60 days.
Yeah, so not after the month.
Like, after that statement, you have a full 60 days to pay off.
So when you're buying products, you gotta wait to ship all your stuff to Amazon.
Like, say, for example...
We gotta pay it off in a month.
It's the charge card, guys.
You pay it off every month, by the way.
Yeah, you gotta pay it off in a month.
The plum, you got 60 days.
So that's a perfect reseller hack right there.
So that one.
And then I also have a...
What I like, I'm spending a lot of money on right now, is the Chase Business Premier.
So I get 2.5% on all transactions over 5K. I have that as well.
Yeah, so that one's lit because I'm spending, you know, all my transactions are inventory over 5k.
So it's a lot of cash back in hotels, flights, all that.
Or just straight cash to my account.
Even one.
That's a W, bro.
Yeah.
Let me ask you this.
So regarding actually getting into Amazon as well, there's a learning curve.
What's the average learning curve for somebody to learn from, I guess, step one of getting into e-commerce, Amazon itself, and then actually being at an advanced level where they can actually do stuff on their own, have their own type of, I want to say, control?
Wait, say it again.
So the learning curve between a beginner and an advanced person, how long does that normally take for someone to learn?
I mean, it fully depends.
If you're doing everything by yourself and just doing a lot of trial and error, I mean, it's gonna take a while, especially if you're not extremely smart and extremely consistent and working really, really hard.
If you're not analyzing your mistakes and fixing them every single time, it's gonna take you a long time.
And you're gonna spend a lot of money.
Yeah, a lot of money.
You're gonna have to go through the trial and error with products.
Yeah, child here with products.
You're never going to have anyone ask, yo, this is a bad product, this is a good product.
You're never going to know until you buy it, lose money, and repeat.
Okay, why was that bad?
Let me try it again.
Fuck up again.
Weren't you scared to start buying products and not know?
I guess you kind of knew from advanced, for example, having the know-how, but what if you didn't know?
How did you know what products to buy to make a profit?
Before when I didn't know.
Yeah, so I was like a little desperate and I was like alright, you know, it's it's Q4 I started in December so there's a lot of toys selling and I just assumed this toy would sell Literally, I was just assuming I didn't know how to use a cupograph that well.
I didn't know it was mandatory I didn't know that so it was during Q4 the sales were going crazy a lot of products.
So So, I mean, it's just, if I started off during a different time, maybe that wouldn't have happened, but I still did 15K on my first month.
Wow.
I got it.
I got a question.
And then just so you guys know, we're going to have an open Q&A for you guys after this, so you guys can actually ask KT your questions yourself on anything you might have when it comes to Amazon.
He's the expert.
We'll start at 10 and up.
Yeah.
And we'll read the chats here in a little bit.
But yeah, this is your chance to ask questions, guys.
So any of you guys that might want to hate and say, oh, he's a scammer, blah, blah, blah.
All right, ask him a question and watch him answer at Real Time Live.
There's no fucking edits here.
So KT, for you, if you go back in time, What were the top two or three biggest mistakes you made as a beginner?
Alright, so the first thing was my shipping mistake.
That was a big, big one.
With the pools?
Yeah.
Like not knowing the weight limit?
Yeah.
What is that weight limit that people need to watch out for?
150 pounds.
I don't think many people will need to worry about that unless they're selling pools in the summer.
It's a seasonal product.
But how would you have known that to be an issue without getting in trouble?
I would know.
Ask me, you know?
Okay, okay.
I don't know.
I know all that stuff.
So yeah, so shipping things that are overweight and not knowing and getting the fines, okay.
Yeah, so that was a big one.
I would say, like, overbuying and underbuying.
So just bad decisions with buying products.
So sometimes I would see an opportunity, but I'll be too scared to go all the way in.
So I'll buy, let's say for example, I calculated this product is selling 4,000 times a month.
There's other people selling it on the listing, of course.
Maybe I can get 500 units a month out, like a sale.
But I would go, I would buy 200 units.
So I'm missing out on 300 units of profit.
Gotcha.
Doing that many different times with many different products is a lot of money.
Being a little worried, being a little conservative, I guess.
Yeah.
And then products where I just get a little too, you know, like hungry.
I don't see many sellers on the listing.
Like there's only four sellers on the listing.
I go and I make a big purchase.
And then I realize there's only four sellers on the listing for a reason.
Because the brand restricts it to only four people.
So, I start selling it and the brand kicks me off.
Wow!
They kick me off.
And I'm like, alright, I have thousands of dollars in inventory, what do I do?
Oh shit!
Yeah.
Oh wow!
They can.
So now I only buy products that have over four sellers on the listing.
So I know that for sure.
Alright, there's five people, six people plus.
I'm not gonna run into a brand issue, most likely.
And I haven't ran into a brand issue in a long time.
I did recently.
Like for the first time in a while a few months like two months ago where I bought $36,000 worth of inventory and the brand was like I want to go sell this myself.
That's just unlucky because this is a product that I've been selling for years like two years now and there's other there's ten people on it and I would make a few thousand dollars 5k 6k yeah and I was so happy I made a 36k order I was gonna make like $17,000 profit because the price was so up yeah and And then I send it into Amazon, and the next day it gets clipped.
Next day.
Wow, because the brand themselves decided to sell it direct.
Yeah, they're smart.
They're like, okay, people are killing it on Amazon.
Let me just come and do it myself.
Is there a way you would know before buying the product that that might happen?
If they really consider it, they'll tell me.
Let me guess, did you have a personal relationship with this company in particular, or did you just buy their stuff?
Not too personal, honestly.
Because maybe they would have given you the heads up and like, hey, just so you know, we're about to put this on Amazon market ourselves.
Yeah, so nowadays I like to be more personal with them.
This company is just a product that sells so well, but I didn't like the people that much.
I didn't like the brand owners that much.
Gotcha.
See, this reminds me of real estate.
For example, there's so many things that happen in real estate with, I want to say, rates, you know, having ROI, basically buying a property.
My first property that I bought, I didn't know what I was doing per se.
I just ran the numbers and it made sense to me.
But if I didn't have a mentor to guide me on that process, I'm going to mess it up.
So I can only imagine in e-commerce, so much shit going on, you can mess up pretty badly as well.
So that's very interesting that you say that, and that's a very nuanced...
In particular, if you see a certain amount of sellers selling a product, it might be exclusive to the point where if you go and try to sell it, the brand might just kick you off because they have a special relationship with these sellers.
Maybe they have an agreement where, hey, we're only letting you and these other people to sell.
If someone else does, we're going to kick them off.
You don't have to disclose it if you don't want to.
What are some brands to watch out for where they might kick you off?
Because they're exclusive like that.
So maybe someone's watching will know.
Can you say?
Off the top of my head, I can't any brands in particular because I avoid all these brands.
You avoid them?
Okay.
But a lot of big brands that are just really, really focused on Shopify and then they come onto Amazon, they obviously only want the single seller.
Okay.
Yeah, so a lot of brands doing that, but big, big ones, like I said, Dove or any of these huge brands, Neutrogena and stuff, they're so big, they're not really looking at Amazon, so they don't really care.
Would it be more like the luxury brands maybe that would be exclusive like that?
Like, we only let four people sell our stuff on Amazon, or it doesn't even matter like that?
Not necessarily luxury.
It's just brands that are very, very aware on Amazon.
Because brands don't know how to sell on Amazon.
It's like the Wild West of them.
They don't really understand it that well.
And there's a learning curve.
And it's a whole other learning curve you have to figure out while you're already running your own brand.
So they like to partner up with a few sellers who know about Amazon.
Yeah, let them handle it.
And let them handle it.
Get a kickback, not deal with the bullshit, keep doing what they're doing.
Exactly.
And that's the next step.
So that's what I'm doing right now.
I'm contacting brands and just telling them, hey, I'll take care of your stuff.
Gotcha.
So I'm the only one selling it and I can really, really run it up.
What products should people stay away from?
Like, for example, for beginners.
For beginners.
Yeah.
So beginners, there's hazmat, like Lysol soap spray.
I would stay away from that because there's shipping restrictions on that.
It's a lot more expensive to ship out.
And then when you try to create an FBA shipment, you're going to run into a problem.
Like UPS won't pick it up.
Oh, wow.
So yeah, I would avoid hazmat.
Also, one thing is where I'd be careful on.
Does that go for like masks?
I don't know if a mask or a hazmat.
I know just like cleaning supplies especially.
Just cleaning supplies in general.
Yeah.
And then another thing is people make money on these, but you just need to be a little more careful is shoes and apparel because the return rates are high.
A lot of people want to return the shoes and they return them in used condition.
Okay.
And the seller like me is stuck with used shoes.
Yo, I could only imagine you order a pair of shoes online.
That's some nigga shit.
Went to the club.
Yeah, and then they went to the club.
You know what?
Yeah.
Send that shit back to that nigga, bro.
Yeah, bro.
You learn a lot.
You learn a lot about the average consumer when you're doing this.
I remember I did buy a hundred pair of Air Forces.
This was like a year and a half ago.
And I made a lot off it until like 30 days after I'm getting mad returns and they're used and stuff like that.
I don't want to deal with it.
The thing is, you can deal with it But I didn't have the capacity to.
If you have plugged in your business model, where, alright, if you get used inventory or damaged inventory.
If you sold some Skechers, you would have been straight.
You had to sell some Air Force.
You know who's going to buy those?
Niggas wearing their shits in a club.
Let's get some game in a thousand.
You know what I'm saying?
You sell Air Force ones.
Who's buying that?
It ain't time.
Well, we know.
You know.
Tyrone.
It's going to be Tameka.
Jamal.
Yo.
They don't buy them shits and they go, no, you know, I'm good.
And they return them.
Bruh.
Like I said, New Year, New Year.
Yeah, yeah.
Air Force One.
Especially Black Air Forces.
Oh, Lord.
You know you're getting those back.
Oh, my God.
Black Air Forces after they robbed the gas station.
They're giving those back.
No.
Got to get rid of the evidence, bro.
Goddamn.
Oh, jeez.
All right.
The light's still on.
We didn't get canceled yet?
You want to do some chats real quick?
All right, yeah.
That was hilarious, by the way.
Yeah, so Air Force, they got sent back.
Do you still sell Air Force, or are you like, fuck that shit?
No, no, I don't sell any apparel issues, not at all.
You done with that shit?
All right, fair enough.
My nigga said no more blacks.
I'm just kidding.
Hey, y'all.
Yeah.
He's like, what the fuck?
How dare you?
All right.
Yo, man.
If you were Sal Sperry's, I guarantee you would get no returns.
Because of Skechers.
Skechers, bro.
Skechers or Sperry's, you would have got zero returns.
No returns, bro.
Air Forces, they'd definitely return their shit, Snickers.
They dripped out at the club like, you know what?
Nah, I'm good, man.
Oh, man.
Oh, no.
What color were they?
Were they all whites or the black ones?
All white.
Oh, yeah.
Okay, yeah.
And that sucks because it's visible that they're worn.
Oh, yeah, bro.
Scuffs and everything?
Yeah.
I remember I used to watch MTV Curves back in the day, and dudes used to lick the soles of their sneakers to show that they were dead stock.
Fat Joe used to do that shit.
Wow.
Yeah, you could easily Google that shit and look it up, man.
Because he had a whole Jordan collection.
And what he would do is he'd be like, oh, yeah, these are dead stock.
They're brand new.
And they'd fucking lick the bottom to show that they're brand new.
Damn.
Yeah, man.
I think the first person I saw wearing Air Force was Nelly.
Oh, yeah.
Yeah, yeah, yeah.
I remember that.
Yeah.
Alkaline.
Okay.
Fresh, can you talk about what your new car business is about?
Yes.
I'm going to go into more depth on YouTube as well as my network, but basically car rentals and whatever you want to procure for luxury or exotic.
So whatever you need, guys, I can help you guys get approved for.
So go check it out.
Actually, KT's going to buy a car soon as well.
Yes, sir.
Pretty soon.
A new car coming up.
Nice.
It's coming up.
The stallion goes, hey FNF, I'm currently in a physical therapy program through the Army where I get paid to go to school.
They have an MD program with a similar setup.
Should I bust my ass to get in that or should I focus on building a business with my skills and personal training from PT? Bro, it's up to you, but just remember that if you go ahead and get your MD through the military, a lot of times you're going to be required to be an Army or military doctor for a while.
You're going to have to sign with them.
So just keep that in mind where you'll get paid less.
But hey man, get your education for free so it might be worth it.
It's really up to you, bro, on what you prefer to do.
Red Cup goes, homies, y'all need to tell these 304s to stop dropping me because they're making me look bad and they blame it on me.
Thanks, Red Cup.
Oh, okay.
You guys are hilarious, bro, with these names.
Logan goes, I'm learning a fence work from my grandfather, but I just received the news of him being diagnosed with cancer.
What is your best advice on continuing his company?
I have done roughly 30 jobs over the past year, and I'm also in school for welding.
Keep the business going strong, bro, so your grandfather's legacy stands alive, man.
And if you can, learn more skills on your own.
Yeah.
If you can.
You know what I mean?
But yeah, man, keep it going, bro.
Like, keep it going in his name.
Andrew Graff10 goes, shout out to Fresh and Myron for changing my life.
I know you guys will laugh, but I've done the research and it's true.
Obama is the grandson of...
Oh, bro.
Come on, man.
Come on, bro.
You niggas, man.
American income.
You guys forget that we're on YouTube still.
Yeah, for real.
My boy Adam is in here and says, Amazon FBA is the best side hustle to start.
If you guys are afraid to invest and learn from KT, you simply don't have what it takes.
KT is as real as it gets and transparent as it gets.
Other gurus don't show proof.
They just talk.
Big facts.
I will say this, man.
I've been around KT for quite some time now, going out, seeing how we run this business with people, and no bad complaints at all.
Yeah.
Even close friends, so shout out to you, bro.
Appreciate it.
We got here Matthew Gonzalez.
15 bucks.
Appreciate that.
Thanks, bro.
Antonio Burros goes, "I'm 18 and gonna finish high school next year.
If I get my bachelor's degree in Ireland, can I be a lawyer in the USA?
I have Irish citizenship/passport, but I am ethnically Romanian.
Second question is, "This is a good career for money and real estate lawyer." Bro, you're probably even...
I don't know what the translation would be from Ireland.
To be a lawyer in the U.S., but you're going to have to take the bar, regardless.
So I would look into that and see what the transition would be like.
And then as far as can you make a lot of money as a lawyer?
Absolutely, but it depends on what you practice, right?
So if you're going to be like, for example, a public defendant, you ain't going to make shit.
But if you're going to be a litigation attorney for, I don't know, fucking trademark stuff, you can make quite a bit of money.
So it depends on what type of...
Law you get into, what firm you work for, it varies wildly.
Okay, Maliboy goes, Hey Myron, my bank is recommending me credit card because I have at least $8,000 in my bank doing overtime.
Do I accept it or do the cards you guys recommend?
I always tell y'all, get the best credit card that you can get based on your credit score, man.
You want credit cards that give you back a return.
We named a bunch of them on this show, whether it's the Amex, Gold, Platinum.
You mentioned the Plum, which I had known about that card.
I didn't know anyone else knew about it.
But yeah, you get 60 days to pay it back versus the 30 like other cards.
Is it hard to get, the Plum?
No, if you can get a gold or a platinum, you can get a plum.
A plum is a step below.
It's a charge card, but it gives you 60 days without penalty.
And then if you want to travel, Capital One Venture, we've talked about that card.
Chase Sapphire.
Chase Sapphire.
The Freedom Flex.
The Citi Double Cash.
Go watch those credit card episodes we talked about.
Everyone should have at least two to three credit cards.
It still amazes me how some of you guys are grown ass men without a credit card.
What is wrong with y'all, man?
It's free money.
You pay for gas with a debit card.
With a debit card, bro.
Pay for food with a debit card.
That's brokey shit, man.
That's literally brokey shit, bro.
Definitely get a credit card.
Yeah.
We were in Vegas for Power Slap with Rumble.
Yeah.
It was all paid for by our Amex cards.
Literally.
The flight, hotel, everything.
Yeah, man.
Crazy, bro.
All right.
What do we got here?
Jeremy Williams?
No.
Oh, Rumble Rants?
Okay.
Jeremy Williams goes, What's up, fellas?
As a fellow business owner, I'm actually branching off to a few other times, but you guys have inspired me, so thank you, fellas.
Yo, fresh.
Wagwan.
Wagwan, brother.
All right.
Thanks, Evan, for staying dedicated.
Got you, Mr.
Penthouse.
We're the most consistent podcast.
Y'all already know that.
Facts.
Is that true, Myron, is related to Baby Alien?
If you say so.
What's up?
WFNF, much love from Finland.
Important question from Myron about training.
Do you need to take deload weeks from training?
And if so, how often do you recommend?
Good-ass question.
Yes, deloads are good.
You can, I would say, typically after a cycle, that could be between three to four weeks.
And you can either take a deload week where you go in and work, you know, 10% of your max, one wrap max, or you can just take three to five days off completely and then get back in the gym.
It's up to you how you want to deload.
What is your response to people that say Amazon FBA is too saturated?
Amazon FBA is too saturated.
I mean, I guess you just don't know what you're doing or you're not being consistent enough because there's more than enough opportunity and listings out there.
There's actually too many.
I couldn't go and buy, like, I could spend all the money I have right now on products and still could buy another million dollars if I had it worth of products.
I mean, it's going to be the future, guys, because I was actually...
Who was I talking about this?
I was talking with Angie about this.
In the next 10 to 20 years, I predict brick-and-mortar stores are going to be gone, guys.
Like, malls and strip malls, like, all that shit's going to be gone.
Like, the only stores that are really going to exist are stores where you have to go in person to get it, like Home Depot, Lowe's, like, big stuff like that they need for the house.
Yeah.
Maybe some clothing stores here and there, boutiques that are super fancy.
But in general, man, everything is going online.
There's a reason why it's called Cyber Monday nowadays, and this whole thing has happened in the past five years.
Online shopping has exploded ever since 2020, even more so.
I think we can see people like convenience, aka lazy.
But yeah, everything's going online.
And if you can sit at home and order stuff online, why leave the house?
Uber Eats, everything is becoming digitized and becoming simpler.
Honestly, if you're not delivering direct to people's doors, you're...
You're a leg down.
So I think if anything, the market's just gonna continue to grow and flourish.
Yeah, I definitely recommend e-commerce.
Even, like, I see someone in the chat saying Walmart is building distribution centers to compete.
Walmart is up and coming, too.
They have their own platform.
I actually sell on Walmart every day, too.
Okay.
Yeah, some of my stuff on Amazon that's selling a little slower, I put on Walmart.
I've done a few thousand dollars in the past, like, few weeks.
Okay, nice.
See, I would be nervous to do this on my own, but it'll help.
Because there's so many moving parts here.
I'm like, what the?
Yeah, yeah, yeah.
I mean, the more saturated market comes, the more...
Like, people are saying, oh, it's saturated.
That's why you need coaching.
So you could literally set yourself head and shoulders above the competition while they're fucking around trying to sell PS5s or whatever, right?
Doing shit from 2020.
Yeah.
You're over here.
You're already on the next product.
You know what to sell.
You know what to do.
So it is what it is, guys.
Make your money back.
Adam Goldstein goes, shout out to my man KT. He is 100% crushing it.
Just remember, use rewards, points for personal travel, and pay for business travel so you can expense it.
Bam, there you go.
Well said.
Yeah, that's a very good point.
Guys, even though I have over a million points on Amex, I don't use those points when I do business travel.
I actually just use the card and whatever.
You know what I mean?
So I can write that off.
I enjoy Sanico's active income.
I'm doing my Amazon FBA. I'm ready to get out of this rat race and be financially free.
Question for KT. Any tips to reach 10k a month profit?
That's my goal.
10k month profit.
Yeah, so I would do online arbitrage if I was you and I would be sourcing for products for the majority of my time and going deep on like test buying as many products as I can and as soon as I find a winner I'll go all like all in on that and just stack my products because how I look at it is let's say one product gives me $700 in profit a month the next product gives me $1000 profit in a month Alright, so what are you looking at when you're at 20 products, you know?
So, I would just keep stacking up, doing product research, and keep buying.
What makes you money in this business model is product research and making purchases, correct purchases.
What would you say, KT, if someone wants to make $10,000 a month profit?
How many items should they have in their store, you would say, that would get them to that 10K? Yeah, I mean, 10K is 20 products, maybe.
20 products can get you there?
10 winners, 20 good products, 30 products.
Okay.
So 10 really good, 10 that are really good, 20 that are good enough, and then 30 that are like, eh.
Yeah, there's different options.
Like for me, I go for winning products.
On my store, I have anywhere from like 70 to 100 products, but I'll do anywhere from 300 to 500k a month in revenue.
Okay.
Look, KT, you told me you can't say this on camera, but could you give me one of your products that is working right now?
Like one of your best products for the audience?
Yeah.
One of my best products.
It's funny because he'd be like, yo, I can get some sauce without all the sauce, right?
Give them some inside sauce real quick.
So just a little bit ago, like a few weeks ago, I got from my supplier a lot of these Dunkin' Donuts hot chocolate just because it's cold right now.
That's one thing I could have said in seasonal.
We were talking about that.
It's really cold, so people are buying hot chocolate, and I made a few thousand dollars off that real quick.
Wow.
Dunkin' Donuts hot chocolate.
That's genius.
It is cold.
People are inside.
Yeah.
I mean, hell, bro, even Miami's been cold the past month.
I don't even know why.
Yo, what the hell, man?
We're hoodies in Miami.
Yeah, no, it's been real cold.
It's been cold.
I know you're cold right now.
Shit.
But yeah, I mean, because people got to remember that most of the population of the United States lives on the coast, essentially, right?
And California isn't as warm as people think.
Obviously, Oregon and Washington, cold as hell.
Then you talk about the Northeast, cold as fuck.
So that makes sense that it would make a lot of sales.
So guys...
No complaints.
He gave you some sauce right there.
There you go.
Hot chocolate, niggas.
Hot chocolate, niggas.
You got another five months to reap on that, too, because it's going to be cold for a while.
Yeah, sure.
What else here?
Okay.
Unplugged Fit goes, KT is the GOAT. I've joined after the last stream with him on.
I've been making money.
His program is the truth.
Plus, everyone inside will make sure you succeed.
Do the work.
Thank you, KT. F the haters.
WFNF, best pot in the world.
No excuses.
Man, we give you all everything, man.
Shut up.
You guys got to make money with every regard, man.
Right?
How to lose weight.
Everything, man.
We got y'all.
KT's been on three times.
There's a reason why he's been on three times.
Yeah?
Yeah.
His students are getting results, man.
Yep.
Austin Rojas.
Oh, no.
Jay Ichiban goes, question for the guys.
Do you guys have any references or insights for starting your own clothing brand and selling online?
I'm in Japan and have an idea that will definitely kick off, but I don't know the logistics.
Bro, I'm going to give it a thousand to you when it comes to selling clothes, man.
If you don't got an audience, it's going to be very difficult for you to sell clothing, bro.
You have to be a somebody.
People got to care and know who you are.
It doesn't matter how much of a brilliant genius you are or how fashionable you are.
You might be better off doing what KT does, is just sell other clothing brands instead.
But he just told you how the apparel might not be the best.
But, yeah, man.
Because this has been a few times where people say, yo, I got a clothing brand that I want to do.
Do you have audience?
If you don't have audience, bro, it's going to be tough.
Yeah, I can't imagine trying to sell something without having a brand.
Like, nowadays.
It's tough, bro.
Yeah.
Especially since the barrier to entry to sell clothes is so easy now.
Actually, I have a question.
Clothes are kind of like everlasting in a way.
What about perishable items?
Should they sell that on Amazon too, or no?
Yeah, I sell a lot of perishable items.
And then even the brand that I'm about to launch on Shopify, I'm going to launch on Amazon too.
It expires after a little bit.
Yeah.
The thing about that is it's really good because people keep on buying them.
It's like makeup and beauty products.
People keep buying them month after month or every two months, every three months.
So it's always in demand.
Ah, okay.
Really good.
Kind of like Tiege Hanley.
Once you get on it, you're on it for like monthly renewals.
Do you sell makeup too?
Yeah.
Yeah?
Okay.
Hey, that industry you're making money, bro.
Yeah, yeah, yeah, bro.
Then these bitches want to sit here and tell me that, oh, no, we're not insecure.
Shut up.
It's for me.
Yeah, it's for me.
Oh, my God.
Yeah, shut up.
Fucking liars, man.
Okay, I bought this course a few months ago.
Great support community.
No one tells you how hard it is to get ungated and be able to list your products.
I'm stuck with boxes of products that I can't list.
Ooh.
Okay, so when you're looking for a product, you should...
What does ungated mean?
Ungated is some brands don't give you access to sell products yet just because, like, you're on Amazon, you're just starting an Amazon account, like, for example, selling Nike.
They're not going to trust you.
You have to prove with your invoices that you're buying real stuff and get ungated to sell it.
That's what it's called.
That's ungating called.
And yeah, sometimes people go and buy stuff without checking to see if they're able to sell it.
That's happened to me before.
And yeah, you just always got to check before you buy the product.
Sometimes you can get really excited, you see the numbers, you go and buy it before, but you want to make sure you check that.
It's really simple to check.
Okay, how would someone go about checking to see if an item is gated?
You just literally copy and paste the title of the product on Amazon.
You go on your Amazon Seller Central account and you list it.
You try to list it.
And it's going to say, not available or apply to sell or sell.
Okay, so you can literally just copy and paste from someone else's listing and try it, and then it tells you.
The listing is there.
It's public.
You can copy it and paste it.
What it's called is an ASIN. That's the product code.
Every product code is called an ASIN, and I just copy that and I paste it.
Okay, and that's your test to see if it's gated.
There you go, man.
Some fucking sauce for y'all right there, man.
Yo, imagine, right?
It's your first day getting into this.
You go buy a product.
You spend 10K. You know what?
You got somebody saved up.
And then you're fucking gated.
Yeah.
Yeah.
I mean, that's why I'll never get into a business model without, like, tapping into, like, whoever's killing it.
Yeah.
I'm not going to buy no more.
There you go, bro.
So, yeah, man.
You bought a bunch of product.
You could have just taken that simple test.
Takes you two seconds.
Yeah.
And you would know, okay, I got to have a certain, I guess, well, you have to have a certain reputation or a certain amount of reviews or something like that to be able to sell it.
Yeah, just a lot.
Sometimes brands just give you access like instantly.
Sometimes you need to prove with the invoice.
And sometimes like for my account, I've been selling for a while.
I'm just automatically ungated to sell mostly everything.
Okay.
Yeah.
Wow.
Okay.
What else do we got here?
Only Shamar goes, long time supporter, first time super chat.
Yo, KT, what category would you recommend a beginner to start selling a shot to FNF and Bandman cover?
Help me get my credit on point.
Shout out to you, bro.
Alright, grocery, because people are buying this stuff for the whole entire year.
The demand stays the same.
It's simple.
Price, it usually stays the same.
Beauty, same thing.
Health and household, your cleaning supplies, your soap and all that.
Except for the hazmat cleaning supplies, right?
Yeah, yeah, yeah.
Not that type of cleaning supplies.
I meant body wash and stuff like that.
Oh, okay, okay.
Soaps, yeah.
Method.
Yeah, method.
Gotcha.
What else?
We got, hey man, I'm 1913 credit cards.
I just got approved for an American Express Platinum.
I no longer need additional credit cards after that, correct?
Bro, look, there's nothing wrong.
Look, you guys gotta understand.
The more credit cards you have, the more available credit you have, and then the more available credit you have, the better it is because what ends up happening is when you spend money on any of your credit cards, it becomes a lower usage rate.
And the lower the usage rate, the less it affects your credit.
So you wanna have the most available credit to yourself so that when you do make expenditures, It ends up becoming a very small portion of your credit.
I tell you, I'll keep it under 10%, but anything under 30 typically won't hurt your credit that much.
But you want to keep utilization below 10 if you can, optimally, but under 30%, you'll be okay.
Please pay it off every month.
Tell them one thing too.
If you're starting on Amazon, I would open up an LLC and then get a Chase Business banking account, and then you can get business credit cards, which you can spend on those and it does not affect your credit.
Your personal credit, yeah.
Absolutely.
But you're going to have to have good personal credit to leverage to get that first business credit card, guys.
Because you're going to have to probably apply under your personal name to get that first credit card, then start your business, etc.
Nef goes, two bucks, appreciate that.
Jaw goes, KT, how do you deal if your supplier would send you almost expired to send out to a consumer?
Is this a problem you've had?
Yeah, recently I had this soap that expires in six months.
And Amazon doesn't like that.
They like when you send stuff in that doesn't expire for like a whole year.
So I told him, like, bro, this is about to expire.
He said, alright, alright, cool, I understand.
I messed up.
You can send it back to me.
Okay.
So that's when you can send it back.
They mess up.
Yeah, and I'm cool with them.
Relationship is really important in my business model.
Like, if anyone wants to do what I do, You gotta talk to the suppliers.
You gotta make sure you're cool with them.
Even just 30 minutes ago, my supplier was just calling me right now.
I'm like, bro, I'm on the pod.
Could you mention how you maintain these relationships?
Because obviously with suppliers, you gotta maybe take them to dinner, show them a good time.
How do you maintain these relationships, for example, with clients?
It's super simple.
Nowadays, everyone's like robot, just send an email.
They don't want to talk on the phone.
Like if you're really personable and cool with someone, that separates you a big time.
So just like being cool and personable and concerned about what's going on in their life, you know, so that's like the first thing to separate yourself.
And then sending a few gifts here and there, send some extra money, you know, and you're really cool with them.
Simple.
See, you niggas want to go ahead and spend extra money on bitches that don't give a shit about you.
And fly out a bunch of whores that don't give a shit, right?
And she don't give you the box anyway.
You can do what KT's doing.
He flies out these business guys and goes ahead and builds a relationship.
And then bam, you ask, hey, I need this many units, whatever.
Exactly.
For you, we'll make it happen.
I need it for the best price.
So send it.
Take care of them.
Take care of your family.
Boom, bro.
Hey, man.
W-networking.
Now niggas want to fly out bitches that don't like you, man, versus flying out another...
Counterpart from a business perspective and make some goddamn money, man.
Recently, I went to ATL, did basically the same thing that he just said, and I partnered with Atlanta Autos.
Big deal, by the way, with Mercy.
So, it's smart, man.
Make connections, build relationships, and then from there, they want to help you.
You can help them as well.
Smart.
Exactly.
There you go.
Go, go, go.
You guys have helped me a lot.
I got some girl problems, and I emailed you guys like five minutes ago.
I'm trying to get a real man's perspective on my situation.
I want to be told the reality.
So if you're interested, by all means, you can respond.
Thank you.
God bless, bro.
We get thousands of emails.
Tell us no, bro.
Or tonight.
Guys, I mean, yeah.
Here's the thing, bro.
If you got girl problems, it's very simple nine out of ten times.
She don't like you that fucking much.
Leave.
You guys are out here.
You guys really be out here trying to fucking get a girl to like you that don't like you.
Just, yo, move on, man.
You can't force it, bro.
You can't force it, man.
Focus on your bag and then more of them will end up liking you.
Yeah.
And then you could pick.
Slow for Vanny goes, on the Amazon seller website, do I have to be professional?
Wait.
Do I have to put professional, which is $40 a month, or individual, which is $10 a month?
Professional.
When individual, you're going to get charged for every single unit that you sell.
It's like a dollar every single unit.
And if you sell $100, then you're paying $100 a month.
So do professional.
It's $40 a month.
Bam.
Bet on yourself, guys.
Female fan here goes, Hey FNF, huge female fan.
Want to make my boyfriend stay into a stay-at-home daddy.
I'm studying a course on e-commerce that's choosing Spotify.
What's the difference between Shopify and Amazon FBS? We explained that earlier on top of the show.
Yeah.
Yeah.
Rewind the show back.
Literally, I asked him that question.
What was the difference?
He went over in detail.
Shopify versus Amazon versus dropshipping.
You want to make your boyfriend a stay-at-home daddy?
I think she trolling, bro.
Yo, what the fuck?
I think she trolling.
Bro.
Anything else?
That's it?
Okay.
No more questions for KT? I mean, that was a lot, though.
Casey, let me ask you this, bro.
When it comes to Amazon, your business model, is it the best, and is it easier for people to get into that one than all the rest, you would think?
Definitely.
I don't say it just because I'm biased and this is how I started, but I look at all these other businesses and Dropshipping, Shopify, trading, and all these other business models, this is one where you can come in and you don't have to be that skilled.
You don't have to be.
You just need to find good products, which is not that hard.
And when you find those products, it's not like when you're doing Shopify.
For example, I'm launching Shopify brand on there, but I have to do marketing.
I'm looking at doing ads.
I have to drive traffic to my page.
But there's traffic on everything that we're selling.
So it's like, alright, we just gotta find that product.
Where is it in the store?
Where is it online?
Get it, sell it, make 30% ROI, and repeat until you got 10k in the bank, 30k in the bank, 50k in the bank, and then you go wholesale, and then you start deploying even more money.
That's how I got into it.
In my opinion, you don't have to go the wholesale route.
You can get there.
profit and then you do whatever you want to do.
But for me, I went to the next level, kept going to wholesale and then I'm doing wholesale now.
But now my next level is trying to buy from brands directly and get exclusives with them.
Then that can make you like really rich.
So it can go from knowing nothing, buying stuff online and retail websites and then to doing wholesale and then to doing exclusive wholesale.
And then you can actually get rich on that, doing that without doing your own thing.
It's almost like selling watches.
When you're a licensed dealer, you get them first, and you're unique because you're the only one with them.
And at that point, you can sell for whatever price you want because you're the only one selling it.
Yeah.
That's pretty good.
So Casey, where can I find you, bro?
What's coming up next for you?
Yeah, so you can find me at KTHustles YouTube, Instagram.
I post every week on YouTube.
I try to just drop informational videos, also videos about my experience.
I want to talk more about mindset too because that's honestly more important than anything else.
Of course.
Not giving up.
And then Instagram.
So KTHustles is on there as well.
And then also I do have some free game in the bio in the description as well.
You can check that out.
And this is the training here, right?
Yeah, and this is how I personally was able to scale my business up.
And for people that don't know too much about it, they can learn from here.
They can watch some YouTube videos.
And if you're really actually trying to go tap into some coaching, then learn from the best...
Yeah, link down below, guys.
The thing for me was that, like, all my guys in my network joined your training, and they got money, like, literally in the first month.
And I was like, wow.
It actually does make sense.
So, just seeing that, I was like, wow.
Yeah, it's not, like, there's a learning curve.
You gotta learn.
And once you get that down, then it's just about ordering products and just rinsing and repeating.
Yeah.
And just scaling it up.
You go from, like, having an inventory in your own house to then getting people that do it for you, then just working your way up.
That's how I did it.
Yeah.
Yeah.
So we had on last week Thor for trades.
If you want to make money as well this year, you can trade your commerce.
Man, we're giving you all everything, bro.
We're giving you guys how to make six figures on Blue Collar Works, how to make six figures with Amazon.
Bro, we're going to give you guys every route possible to help you guys become six-figure earners if you're watching this pod, man.
We're going to give you guys different routes.
Whatever you want to do, whatever you want to pick, we're going to give you guys the tools and bring in the experts that know this stuff.
Yeah, man.
It's 2024.
Halfway in the first month.
Everyone's already forgot.
Bro, we gotta get back on your New Year's resolutions if you didn't make them.
Make some plans.
Make some goals.
Like, you know, we gotta run it up this year.
Absolutely.
I'm gonna give you the last thoughts on the show and then I know you're in the gym too, so any last thoughts?
Ran into them today.
Yeah, for sure.
I mean, I would say, last thing is, I know I talked about the business a lot.
It's important that you learn about that, but make sure that you're, you know, you're trying to give back to whoever's helping you out, and make sure you get your mindset very, very strong as well, because that'll take you through all the losses, the ups and downs.
Sometimes the ups will get you too.
Like, You have such a big month, you go party or whatever, and you go spend too much, or you say some reckless stuff, and then you hit a big down because of your behavior.
What's the most you've ever spent at the club?
I've ever spent at the club, probably like $14,000.
Don't do that, for sure.
Goddamn.
There you have it.
So I don't be in there.
Smart man.
And then reinvest your money too.
So for me, I was reinvesting all my money into products for a few years.
But now I'm finally going to go.
I have a software company I'm investing into.
And then my Shopify, my brand, I'm investing into.
And then I'm trying to get into some real estate this year.
That's one of my goals, 2024.
So get wealthy.
Got cash flowing, so I want to make something out of it.
Smart, 25 years old.
Keeping your money is more important than just making it.
Because keeping your money is harder and what you do with that is a lot more important, bro.
Because we have guys that are making a lot of money, 100k a month, spending 50 of it.
And there's guys here who are making like, say 60, but they're keeping most of it and they're investing it.
And their money is going to appreciate it and they end up being the richer guy.
You know, they're balling less, they're making less.
So what you keep and what you do with your money is more important.
That's one thing I learned about money.
Yep, you can literally be making a million dollars a year and there's someone else that could be making a quarter million dollars a year and he'll have a higher net worth than you because the game is net worth.
For example, athletes.
And then, you know, keeping it is harder because you move to Miami, you see all these distractions, you see all these pretty women and all this stuff, all this high energy, guys balling out, you want to compete with them, so it's even harder.
Shout out to Alex, by the way.
See, that's why I don't go outside.
That's literally why we stay inside.
I'm not going to fall for it.
I'm just going to stay inside.
You know, just go to the gym and leave.
Hell, even me going to the gym today outside, like, you know, normally I work out in the building gym, but like, yeah, even today going to the gym.
I was surprised, man.
You know, it is what it is.
Me and Myron worked up together, actually.
Hilarious.
Yeah.
What?
It's not my story.
Well, we actually worked out separately.
We did shoulders, man.
Come on, bro.
Hey, man.
Hey, man.
You did your thing.
I did my thing, man.
What?
Okay.
What?
What?
Hey, it happened, bro.
It happened.
All right.
What was that, Mo?
I'm surprised.
Oh yeah, I know I was outside.
I was surprised.
It was only for like, we were in the gym long though.
We were there for like 40 minutes.
That's an outside, going to the gym.
30 minutes that you got the fuck up out of there, bro.
We really be outside, nigga.
Yeah, I know y'all be outside.
I just stay inside.
Yeah.
But yeah, other than that, yeah, guys, check him out, man.
His links are below.
Check him out.
Get in there, guys, if you guys don't want to make the same mistakes that he made.
And yeah, man, get rid of the learning curve, man.
Just learn it from someone that already went through the headaches.
Oh, Maurice, last one.
Keep putting these panels on a nightly basis with facts and statistics rather than I feel like men lie, women lie, numbers don't.
Yeah, you know how it is.
Big facts.
KT, I have two hardware stores.
I want to transition to an online store.
What are your thoughts?
Can it be successful or it's not worth it?
So what I would do if I had two hardware stores is I would try to open up wholesale accounts with suppliers that sell only hardware stuff because even advantage versus me.
For example, I don't have any experience in hardware.
They're not going to really trust me as much as they could trust you.
So you can get better deals from these hardware companies.
There's a lot of big hardware companies running it up on Amazon.
So I would leverage that in my opinion rather than putting everything online.
And I'll leverage that for sure.
Zulu Nation goes, hey guys, just got a job going from 35k to 80k truck driving.
I start in two weeks.
Can I get a better ET on doing a Money Monday on CDL truck driving so I can know when to catch that episode?
I know you guys said in the future.
Yeah, I gotta find somebody.
We need an expert in that.
Yeah, we need an expert, guys, because remember, man, we don't want to just bring anybody.
We gotta bring someone that's an expert that's also well-spoken, that isn't a weirdo, etc.
So we'll find somebody.
Maybe we'll bring, maybe Thor has somebody or whatever it may be, but we got y'all.
Don't worry.
But watch that episode that we did with Thor.
RumbleGeorge02, Don DeMarco.
Shout out to KT on Ecom and my boy Shivam on the high ticket sales.
K and these boys personally.
I think he means know these guys personally.
If you're ready to actually take the next step out of Brokeyville, tap in Sincerely, your boy TrustFun underscore Exotic.
We got Shiv here on the culture as well.
Shout out to Shiv, man.
Is that it?
Oh, gotcha, gotcha, gotcha.
Alright, cool.
Guys, we'll catch you back here with some girls.
One more, actually.
Oh, one more?
Okay.
Lou Will, when do you recommend setting up your LLC for FBA? At the beginning, or?
You want to make sales first.
You want to make sure that you like the business model, you have some traction, you're making some money, then invest in making your LLC. So it's more important to learn and start making money before you worry about LLCs.
And that's with any business, guys.
You want to start an online fitness business, whatever it may be, wait until you're making a bit of money before you go and create the LLC. Oh, I'll do the LLC first and then try it.
That's not how it works.
No, no, no.
Don't do that.
Start making some money, see that you're going to stick with it, then go ahead and make the LLC. But at the same time, don't be one of these niggas that has the business open for two years and you don't got an LLC. Don't be one of these idiots either.
Start now.
Guys, we'll be back with some girls in about maybe an hour, hour and a half, something like that.