How to lose tens of thousands of dollars on Amazon…

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From The Atlantic:

It was only after they’d sunk $40,000 and nine months of precious nights and weekends that Jordan McDowell and William Bjork realized how hard it is to make a passive income selling things on Amazon.

The couple had hoped to strike it rich – or at least quit their day jobs – buying goods from China and reselling them on the e-commerce site. Instead, they lost their savings. For that, they blame Matt Behdjou and Mike Gazzola.

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In late 2016, McDowell and Bjork stumbled across a podcast hosted by Behdjou and Gazzola, normal guys who claimed they were making thousands of dollars working less than two hours a day on Amazon. The pair promised that anyone could do the same – all they needed to do was pay $3,999 for three months of coaching…

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Within six months, McDowell and Bjork had spent nearly $40,000, with almost nothing to show for it.

Continue reading at The Atlantic

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