so is it even worth starting an Amazon
business in 2019 I'm gonna share with
you guys some shocking evidence and
stats that'll help you decide whether or
not it's worth it for you to start an
pulled up a few different websites here
on my computer that share their overall
growth and trend of Amazon throughout
the years and by the way I just searched
for Amazon growth in Google and I found
many different news articles and
websites and stats that came up for the
company as a whole so here's an article
from CNBC that shares that Amazon sales
grew by 15 billion year-over-year and
its peers don't even come close to that
level of growth so Amazon reported sales
of 52.9 billion for the second quarter
which is up 39% from the year ago period
when it saw 38 billion so pretty
impressive growth also mentions that
Walmart which is Amazon's competitor for
April quarter grew sales by five billion
year-over-year and target increased
sales by just 764 million
okay so Amazon is significantly bigger
of course from the stats than Walmart
and Target they're growing at a much
faster pace even though the Walmart is
still growing year after year as well
okay very interesting let's look at the
overall growth from 2004 to 2007 teen so
this is from the websites to a statistic
aam and it's sharing the growth from
2004 which was just a measly six point
nine billion dollars had a actually
fairly slow growth from 2004 2005 2006
you know still growing nonetheless but
from six point nine billion to eight
point four to ten ten billion to
fourteen billion to nineteen to twenty
four billion in 2009 to 2010 34 billion
and then from there it just starts
growing pretty fast so this is stats
from 2017 because right now I'm filming
this in 2018 and we don't have stats yet
for 2018 but it is significantly higher
then
20:17 we're gonna know that for sure but
looks like 2017 is a hundred and seventy
seven billion now that's a big growth
from 2016 at a hundred and thirty-five
billion and even from 2015 at a hundred
seven billion so overall you can see
from this Amazon is a growing company
they're expanding they're making more
money that is a good sign it's a good
sign if you want to start selling on
Amazon a lot more opportunity a lot more
potential a lot more money to be made
but I also want to share with you guys
how much more competitive Amazon has
become as well because it's worth
looking at both sides and just
understanding that piece as well because
you know based on this growth 39% from
one quarter year after year that's
pretty significant you gotta ask
yourself is the competition and and that
making it too hard to keep up with that
growth right that's something that is
worth considering if you are going to
decide to sell on Amazon so one thing
that's interesting when I look at this
you know I started selling on Amazon in
2011 with books and not seriously until
around 2012 and you know people always
say you know Stefan if I had started it
must been so much easier back then you
know if I had started back in 2012 like
you did you know I wouldn't be making so
much more money and be so much easier
yes maybe I don't know but back in 2012
Amazon is three times smaller than what
it is today right so there actually
wasn't as much money to be made it's a
lot easier now in my opinion because
there's way more people on and was on
spending money and it's a lot easier to
make money from that it's kind of
similar to YouTube people say well
Stefan you know he started YouTube it
was a lot easier than it is now it's
less competitive it's less saturated but
when I started it was a lot harder to
for example get videos that have like a
hundred thousand views or a million
views now I have videos that have done
over a million views some quite a few
over a hundred thousand views but it was
harder back then because there's just
less people using YouTube they weren't
spending as much time on YouTube so
overall competition
says yes but also the growth of these
platforms the people using these
platforms and spending money on these
platforms are also growing significantly
as well so I believe it kind of washes
itself out you know is it harder or
easier it's like the same you know it's
there's more money to be made but
there's also more competition so it's
kind of like a wash in my opinion so
here's a website I found I'm gonna share
if you guys some stats Amazon currently
has 12 marketplaces actually more than
that right now it's articles a little
bit old USA the UK Germany France Canada
Japan India Italy Spain Mexico Brazil
and China and also now the open Amazon
Australia and Singapore is also
launching soon so that's a positive sign
Amazon is expanding to different
countries different marketplaces their
ultimate vision is basically world
domination
so if Amazon's not as at least the major
countries at first if they're not there
now they will be eventually soon as long
as there's a market and demand for it
which technology obviously is moving in
that trend of people buying things more
and more online and from Amazon okay so
according to this let's find out some
stats about Amazon sellers sorry my
computer's active a little bit slow so
apparently there's over 1 million 1
million new Amazon sellers that started
selling on Amazon this year I think this
is from 2017 ok so this is a year old
stats because we don't have 2018 stats
yet so over a million new sellers a year
so that's equivalent around 3,000 new
sellers every single day ok so there's a
lot of new people selling on Amazon no
the reality is is that not all of those
sellers of course are gonna actually
even do anything it's kind of like
people that buy books less than 10% of
people that found actually read past the
first chapter of a book I think this is
a same thing with the Amazon that I
would venture to say that less than 10%
of those people actually even do
anything on Amazon
you know launch a product start selling
anything there's a lot of a lot of
dabblers that are out there so I'd say a
large percent don't do much and
obviously there's only a certain percent
that really do well you know there's
always like with anything there's the
top 10% of people that are really doing
well the top 1% so I think it's kind of
common with any platform any marketplace
even if that's YouTube however many
YouTube channels get started every year
only a certain percent actually put out
videos and only a certain percent of
them actually you know do anything to
build 10,000 subscribers plus and
actually build a legitimate channel same
thing with a Facebook page same thing
with an Instagram all of these you know
websites all of these are starting every
year but again only a certain percent
are people that actually take it
seriously do something with it
and turn it into a legitimate business
and a money-making career so there's a
lot more stats that I could share with
you guys on this it's pretty interesting
to dive into that but here's the thing
here's what I find interesting I want
you to make your own conclusion based on
the data based on the stats is it worth
it for you okay is it worth it for you
to start selling on Amazon there's two
different ways you can interpret this
data this information which is going to
tell us something about your mindset
Carol Dweck read a great book called
mindset she's a psychologist and she
talked about there's two mindsets people
have there's the fixed mindset and then
there's the growth mindset and she found
some interesting things about the
difference that people that have a fixed
mindset they're gonna look for example
at data information that I just
presented to you and they're gonna look
at it as you know what I can't I can't
become that I can't grow I can't I can't
be successful it's too competitive and
they're gonna look for reasons to
justify their mindset their beliefs to
rationalize it right other people on the
other hand to have a growth mindset will
look at this and say yeah it was more
competition but there's also all this
room for growth there's all this
potential all this opportunity and
possibility and they
validate confirm and justify their
mindset who is Right who is wrong I'm
not sure but I know those who those who
become more successful based on all the
research all the studies are those with
the growth mindset people that look at
how they can grow they look at
challenges opportunities possibilities
and they welcome it and they act on it
and they pursue it the people with the
growth mindset are the ones that get a
lot further ahead and especially when it
comes to business when it comes to
creating success creating abundance in
their life there's also the scarcity
mentality and the abundance mentality
someone who has a scarcity mentality
will look at it and say well it's too
competitive stuff and it's too saturated
I can't compete everyone else how am I
gonna stand out it's so much harder and
again they're gonna focus because
they're conditioned themselves to to
focus on the lack focus on the lack of
opportunities they're gonna you know
focus and feed themselves with that to
further condition that scarcity
mentality that they have somewhat if the
abundance mentality looks at it and says
hey you know what there's more than
enough for everybody there's more than
that all Amazon continues to grow so
even if I start in 2019 2020 2021 look
at all that potential future growth that
is available for me that I can benefit
from and there's more than enough people
that could benefit from it as well
they're not in fear they're not worried
they don't have an anxiety that
something has a scarcity mentality we'll
have two different mindsets your mindset
your psychology will determine your
success
so which mindset are you gonna take on
based on this information based on this
data that's what's going to determine
whether or not you take action where
they're not you even start whether or
not you begin and it's not until you
shift your mindset that I believed
you'll really be able to break through
in their life and create abundance and
success now the truth and the reality is
yeah this is 100% fact today there's
people they're gonna start on a almos
and they're gonna be making money
they're gonna be doing well they're
gonna have success in 20 19 20 21 22 22
starting today they've never had any
experience before from somewhere in the
world never done it and they're gonna
start and they're gonna succeed there's
other people that aren't gonna start
there's people they're gonna start next
week next month next year two years
three years five years from now that
will also go on to succeed as well but
there's also people that won't start and
there's people that will start but also
won't succeed they will fail or they'll
get they'll get discouraged they'll give
up so what determines your success is it
Amazon visit the market well the
opportunity is there it's evident is
that the competition that will determine
your success no guys
what determines her success is you you
you are the one that will determine your
success you're the one that will
determine whether or not if you start
selling on Amazon it is successful or
not is based on you it's based on your
mindset your attitude what you learn the
the information you choose to consume
the courses the trainings the resources
that you decide to utilize to benefit
you so that you can learn and grow and
learn things that all these other
sellers that are starting on Amazon
don't know because you can have an
advantage over them if you have the
right information it doesn't have to be
hard it can actually be relatively easy
if you know what you're doing if you can
fast-track things by learning from
others more successful than yourself
it's gonna determine on the actions that
you take how much time you put in how
much money you put in how much you
invest how much sweat equity that you
put into your business it's gonna be
determined based on the actions of you
building a brand's creating content
building your your social media
influence building your website building
just building a national company a
business that's what it takes these are
the things that those that are most
successful or doing if they can do it
then why can't you as well if people
that are gonna start today are going to
go on to succeed then why can't you do
as well you know the people that for
example that start today and I'm sure
you're in this boat as well when you're
starting
they always said man Stefan I wish that
I started sooner I wish I started a year
ago I wish I started five years ago the
sooner that I started that today I'd be
benefiting from it today I've have that
success and so you have the choice okay
are you gonna say oh I can't do this and
it's not for me and then you're gonna
let time go by then you're gonna have
that regret wishing that you did start
it's best to start now guys they say the
best time to a planted the tree was 20
years ago sick and best time is right
now today so as you can tell I have a
growth mindset I'm biased of course I
believe that Amazon and I look for the
opportunity and things I look for the
good I look for the positive that's just
my nature and what I've conditioned
myself to do and I want to not limit you
guys in any way from what you're capable
of and the success that is possible for
you if you do make the decision to
commit but if you are going to commit
don't be just another seller don't just
be one of the other millions of sellers
out there that dabble that say okay I'm
going to start a business but they're
not really committed to it they're not
really serious of course if you're not
serious and committed then they're not
gonna get much back the more you put in
the more you get it is what you get out
of it right you put in 100% you get a
hundred percent back you put in ten
percent you're not gonna get much back
so it's up to you to decide what kind of
experience you want to have what kind of
success that you want to have those that
I've seen that go on to succeed or the
ones that take it seriously they commit
themselves it says Stefan you know I'm
gonna what's a good course that I can
get account if follow your guidance I'm
gonna follow the training step by step
by step by step I'm gonna continue to
learn I'm gonna you know there's gonna
be ups and downs I'm gonna learn from
those experiences I might get some
coaching and mentorship I'm gonna learn
about marketing online I'm gonna start
building my brand and it's not going to
happen overnight but I'm going to take
the necessary steps and so as Amazon
grows I continue to grow with Amazon and
I continue to benefit from the many many
years and then I can launch on all these
different marketplaces I can launch on
the US I can launch in the UK I can
watch in Germany in Singapore in
Australia all over the world I can
to grow my business as Amazon gross how
cool is that
so the opportunity is there potentials
there but it's up to you to decide how
you want to interpret things and whether
or not again you're committed to it and
if you're not that's okay
it's nice to be honest with yourself
right but if you are committed to it
then it's possible it's possible as
other people that are succeeding so why
can't you as well you just have to have
the confidence the belief the certainty
within everything you need is already
within you but you just have to tap into
it hopefully I can give you confidence
maybe a course or a training can give
you that confidence as well to feel like
you're on the right track and it's
guiding you towards the success that you
want if you like you know you've got all
the resources in your corner and all the
help that you need
that's powerful I wish I had that when I
started you know I had to figure out a
lot of stuff on my own which took me
years and I wish I didn't have to go
through that I wish nobody has to go
through that because it is freaking hard
right so when you have information that
is guiding you gives you confidence
because now you have strategies and
ideas and resources that other people
don't have access to because guess what
most of these sellers that are selling I
don't don't worry about them at all you
know because only I know only a certain
percent why she succeed those are the
ones that deserve the success because
those are the ones that are actually
committed to it right that's how it
always works you get rewarded when
you're committed to something so if
you're committed and you have that
belief and you are serious about it and
going through this then absolutely you
can succeed just like thousands and
thousands of other people have before
you and will continue to move in forward
so is it worth it I will let you guys
decide thank you guys for watching this
video I really appreciate it if you
enjoyed it hit thumbs up button leave a
comment below subscribe for more videos
and I've got a free training that can
also help and serve you guys if you want
to learn more about Amazon and how to
get started with it just go to project
life mastery comm slash FBA and put in
your name and email there I'll send you
an email that has some more information
for you to get started and I look
forward to serving you again soon god
bless
you
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