Episode Details

My first podcast! How Kai Law became a full-time digital nomad in 6 months by selling his own private label product via Amazon FBA .. [And helped me make over 30k net profit my first year as well!] Originally posted as a video call on my YouTube channel, here: https://youtu.be/epg7CiubWeQ Show notes: For y'all who ain't know, and Kai is the #1 reason we got into selling on Amazon back in January in Chiang Mai, and he's been helping us the whole way ever since... He's currently in Croatia, on month 4 of traveling the world on this "Remote Year" thingy... where he got selected to be one of 75 (out of 25,000) remote employees, online business owners and freelancers who applied to go on this year-long round-the-world trip/experiment to work, live, and travel in 12 different countries in 12 months....pretty tight, right?.... It's crazy cuz I saw him make his first dollar online in November and go on to making a full-time traveling income by January.. i know.. Just check out his blog page of all the places he's been and the shit he's done in the past 6 months... REMOTE YEAR: http://youtu.be/pbkH_y_EvI4 [sry the connection gets bad at the end there…) Major ? Summary: - It starts by reading The 4-Hour Workweek (that's a given) - Kai worked a sales job and saved 20+ grand - Quit job, moved to Chiang Mai to attend E-commerce conference and live cheaply in the "Digital Nomad Capital of the World". - Invested $1,000 in 100 'test units' of a hot-selling Amazon Product (buy wholesale from Alibaba.com and Private-Label your own logo and box) - Went all-in with a 20k investment of 2,000 units (the more you can afford to invest the better) - Gave away 250 units to friends and Facebook review groups to get 100 reviews ASAP. - Used Feedbackgenuis.com email follow-up system to ask customers to leave Seller Feedback ratings, then auto-email those people to also leave a Product Review rating. - Started traveling within 3 months of launch - Hired an employee in the Philippines to handle little customer service messages - Launched second product within 6 months - Applied for the 'Remote Year' among 25,000 applicants - Now working in a new country each month with 75 digital nomads - Making $7,000-$8,000 a month - 'Maintaining' the business 4-hours per week - Spending the rest of his 'computer time' researching other investments, businesses, and income streams. 4HWW Assignment complete. Go do whatever TF u want.? Best Advice: - Hang around people who want to do the same thing, i.e. other 4HWW-business minded people - Take that leap of faith - find an excuse. - Once you get around people who are ahead of you already living it, it starts to become real - Chiang Mai is the cheapest diginomad city to live to quit your job and get started. LINKS! Kai's blog: http://www.accordingtokai.com/where-i... and Instagram: https://instagram.com/lawster101/ RESOURCES TO GET STARTED ON AMAZON: My blog post summary on The Amazon Method: https://livinthatlife.com/2015/10/17/how-we-make-money-while-traveling-the-amazon-method/ How we got here / our story: https://livinthatlife.com/2015/04/23/why-the-fck-are-we-in-asia/ ***UPDATE SEPTEMBER 2016!!*** Our product did over $209k in sales volume our first year (about $50k net profit after $16k initial investment) .. over 5,000 units sold! That was an average of 16 units per day the first year! Safe to say it was a successful product? Also, due to popular demand of Amazon questions.. I'm recording my own AMAZON COURSE! It's a bunch of screen-share videos and PDF's going thru what worked about our product selection process, why our product did so well, and how to set everything up from sourcing from China to importing to Amazon FBA (we screwed it up our first time) to optimizing your sales page. To join the email list about the next course opening, go to my blog at https://livinthatlife.com Also feel free to comment your questions below anytime! Peace from Chiang Mai, Thailand! ?