In today’s episode, I interview Josh Lucas – an entrepreneur who has managed to build a $2M Amazon business without quitting his full-time job in the banking business.
If you are still employed full-time and are looking for a proven side business to put yourself in a position to eventually quit your job, this is the episode for you.
Listen Now and You’ll Discover
- How Josh has systematized product sourcing so that he can outsource it to a virtual assistant
- How Josh uses a very creative cash management strategy using credit cards
- How to rapidly build credit with Amazon Lending
- The role of systems in Josh’s success
- Josh’s advice for transitioning from OA or RA to wholesale
- Why Josh thinks having some level of experience on Amazon is a very good idea before approaching brands
Today’s Guest
Josh Lucas works full-time as a commercial banker and started his Amazon business as a side venture in early 2016. He transitioned to the wholesale model in late 2016 and did $1.1M in revenue for 2017. Josh has continued to grow his Amazon business, while maintaining a full-time job, by outsourcing and using systems/technology to scale. His company is on pace to do $2-2.5M in revenue for 2018.