What are our Top 3 tips for Amazon business owners we have learned so far: 

In-depth research

Before you start your Amazon business, research the market in-depth, the category, and the product(s) you will offer. Also, don’t forget to take a look (or two) at your competitors’ performance, listings SEO strength, organic/sponsored ratings, etc.

Prepare to spend money

Don’t start your company with capital you can’t afford to lose. Don’t borrow risky credits and avoid huge risks. Calculate your realistic budget and don’t think the cost will be only for products and shipping. There are a lot of different fees you will have to pay to start selling.

Surround yourself with experts

To grow, run, and maintain business, hire great specialists and train them. Train them to your niche but help them level up their qualifications, too. As a CEO, you will be the company’s visionary, but there will be things you are not good at.

Learn to delegate and fill in the room with people smarter than you. Cut the bottlenecks.

Be a leader and not a boss.