Month 3 Amazon FBA April Progress (Last Month of Mentorship)
April numbers: Sales: $6,127.65 | Orders: 120 | Units: 132
Last month my goal was to hit $6K in sales in a month by the end of the June. Ended up crossing $6K in the very first month of the quarter, so that was a nice surprise.
April was also the last month of coaching with . After three months, I've built enough of a foundation in the sourcing process, reading data properly, and managing cash flow and feel pretty confident to continue on my own.
On the financials, after business expenses I essentially broke even. No profit yet, but also no real loss. At this stage I am fine with it because I'm at least not losing money unless i make a buying mistake and it's at least paying for the tools/expenses. The inventory I'm holding is capital working for me, and the margins will tighten up as I get better at sourcing and my account continues to age and open up.
The biggest thing I've taken away from these three months isn't any single tactic. It's just the confidence that this is learnable now that i've gained the proof of concept. You put in the time, you make your mistakes early, and it compounds. Heading into May with a cleaner process and a better eye for what to buy. That's enough to keep going.
I am projecting to have my first decently profitable month this May.
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Abdul Adoyta
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Month 3 Amazon FBA April Progress (Last Month of Mentorship)
FBA Canadian Academy
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