Clip
Building a Billion-Dollar Business on Amazon
10:34 - 11:39 (01:05)
A former Google employee started Anchor, a charger company in China, with the goal of earning good ratings on Amazon, eventually growing Anchor into a billion-dollar brand. While creating a brand beyond Amazon is important, it's still possible to build a successful business on the platform.
Similar Clips
The conventional wisdom is that Amazon FBA businesses are not durable or defensible due to the ease of competition and lack of a moat, with Amazon itself entering different categories and introducing Amazon basic brands.
09:24 - 10:34 (01:10)
Summary
The conventional wisdom is that Amazon FBA businesses are not durable or defensible due to the ease of competition and lack of a moat, with Amazon itself entering different categories and introducing Amazon basic brands. While it may work for some time, relying on the algorithm and fake reviews can ultimately lead to the brand dropping to zero or plummeting.
ChapterRolling Up Niche Businesses to Build High-Value Companies
Episode#66 - Life Coins, Amazon FBA Rollups & Going Back In Time
PodcastMy First Million
Many news websites are forced to build their own paywalls from scratch due to issues with current available providers, with some sites paying upwards of six figures on software fees.
13:51 - 14:47 (00:56)
Summary
Many news websites are forced to build their own paywalls from scratch due to issues with current available providers, with some sites paying upwards of six figures on software fees.
ChapterThe Truck Driver Shortage
Episode#17 - Keto Ceral, Specialized Job Boards, Digital AA Meetings
PodcastMy First Million
Early stage tech companies often start with performance marketing in order to build awareness, and giving away cars is a common tactic.
00:42 - 02:56 (02:14)
Summary
Early stage tech companies often start with performance marketing in order to build awareness, and giving away cars is a common tactic. Performance marketing helps to automate tasks, track customer data, and reach goals without relying on immediate sales.
ChapterBrand Advertising and Crushing it
Episode#200 - When to Go All In, Teenage Side Hustles, & the Crypto Exchange That Could Have Been
PodcastMy First Million
Qualcomm's mobile strategy is focused on making Snapdragon the go-to for premium Android experiences, rather than trying to outcompete companies like Google and Apple in the chip-making space.
32:43 - 33:33 (00:50)
Summary
Qualcomm's mobile strategy is focused on making Snapdragon the go-to for premium Android experiences, rather than trying to outcompete companies like Google and Apple in the chip-making space.
ChapterQualcomm's CEO Talks About the Company's Expansion Plans
Episode#280 – Cristiano Amon: Qualcomm CEO
PodcastLex Fridman Podcast
As we rely more on monopolistic companies with high market shares, we risk limiting innovation and competition, eventually leading to consumers questioning why they're paying for certain digital services.
16:11 - 18:09 (01:58)
Summary
As we rely more on monopolistic companies with high market shares, we risk limiting innovation and competition, eventually leading to consumers questioning why they're paying for certain digital services.