Wednesday, September 23, 2020

I violated CENTS and my business failed..

My first product failed and I lost a lot of money on it. Now I’m looking back at what went wrong to make sure I don’t make the same mistakes for the new business I’m starting.

Well, all I really had to do was a CENTS analysis and it became clear very fast!

First Business (Amazon FBA Product)
Control
:xx:
  • Entirely Amazon dependent
  • Complete reliance on Chinese supplier
Entry :xx:
  • Very simple product, easy to duplicate and tons of...

I violated CENTS and my business failed..


from I violated CENTS and my business failed..

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