Name: Jasmine AKA JasHustles
Age: 21
Job Title: Entrepreneur & Own Boss
Started Amazon FBA & SellerAmp: January 2023
Revenue: Six Figures Annually
From Arbitrage Explorer to Arbitrage Pro:
At just 19 years old, Jasmine began considering the many career paths in front of her. What opportunities might the world of online business hold? She wondered.
With no prior experience, she was determined to carve out her own path and be her own boss. By stumbling upon Fulfilment by Amazon (FBA) and tapping into a library of free Amazon FBA tutorials, Jasmine transformed her curiosity into a six-figure business in less than a year.
Her journey is one of persistence, learning from trial-and-error, and sharing her knowledge with others. Now, at 21, Jasmine has not only built a profitable Amazon FBA business, but she’s also become a mentor and content creator, inspiring young entrepreneurs across the U.S.
Getting Started:
Jasmine’s journey began in January 2023 after she stumbled upon Amazon FBA through the advice of a larger FBA seller, KT. Intrigued by the possibility of running her own business and re-selling products online for profit, she dedicated two months to thorough research. She immersed herself in free resources, taking on Arbitrage Challenges run by other likeminded FBA sellers.
One of the key tools she noticed repeatedly mentioned by successful entrepreneurs was SellerAmp. So she jumped on a free trial and never looked back. It enabled her to see how competitive that product is, analyze product sales history, and take actionable steps towards sourcing and the best, most profitable products quickly.
Early Milestones:
Jasmine faced numerous challenges as she started her business. Her first attempt at merchant fulfilment (FBM)—shipping products directly to customers—was tricky. She found it wasn’t effective for her and actually didn’t break even in the first couple of months. However, with an adaptive mindset and more learning, she switched to Amazon’s FBA model which allowed her to bounce back the very next month.
5 Months in: By June 2023, Jasmine had hit $10,000 in monthly sales. It was a pivotal milestone that gave her the confidence she was on the right track.
October 2023: Jasmine’s revenue skyrocketed to $25,000 in a single month. The shift from merchant fulfilment to FBA proved to be a game-changer.
In addition to learning the operational aspects of the business, Jasmine took a big leap by investing more heavily in her inventory. Initially, she was scared to spend money, hesitant to invest $10,000 monthly in products. However, after seeing the results, she broke through this fear and embraced the idea of scaling up her investments, which increased her revenue significantly.
Hurdles:
Despite her success, Jasmine’s journey was not without its hurdles. Early on, she grappled with the complexities of sourcing products and figuring out how to get ungated for restricted products, a critical step in selling certain categories on Amazon. Getting ungated took her 2-3 weeks, but it was one of the smartest investments of her time.
Jasmine also dealt with the fear of large investments. Initially, investing tens of thousands in inventory each month felt daunting, but she quickly realized that investing in high ROI products paid off. Over time, she maintained an impressive 100% return on investment (ROI), turning $10,000 in purchases into $20,000 in profit.
The Impact of FBA:
Jasmine’s success through Amazon FBA and SellerAmp allowed her to make a series of significant life changes. She bought her car outright, a tangible testament to her growing business. More importantly, she was able to quit her two part-time jobs and focus entirely on her FBA business and content creation.
Not only did Jasmine thrive in this new space, but she also helped her family. Jasmine taught her mom how to navigate the Amazon FBA system, helping her create a secondary stream of income as well.
Key Lessons and Advice:
Looking back at her journey, Jasmine emphasizes that success in Amazon FBA isn’t as hard as it seems. She believes it’s not a complex business model, and even with no experience, it’s possible to achieve great results. The biggest challenge for her was overcoming the mental hurdle of investing money in inventory.
Jasmines’s Top Tips for Arbitrage Entrepreneurs:
- Don’t rush sourcing products: One of Jasmine’s core pieces of advice is to focus on getting ungated first. It might take 2-3 weeks, but this step is crucial to accessing more profitable product categories.
- Educate yourself: Take time to research and learn the business before jumping in. The time spent on research upfront can save costly mistakes later.
- Don’t be afraid of failure: Jasmine’s own journey was filled with trial and error. She learned from her failures, made adjustments, and kept moving forward.
- Invest with confidence: Jasmine was initially scared to invest, but she found that it was necessary to scale her business. Now, she regularly invests $10,000 monthly and sees consistent profits.
Sharing Her Journey:
Beyond her business, Jasmine has found fulfilment in helping others. She has become a content creator on Instagram, TikTok, and YouTube, where she shares tips and insights from her FBA journey. She posts once a week on YouTube and regularly updates her followers.
Jasmine also offers mentorship, providing guidance to those just starting their journey in the world of Amazon FBA. Through her content and coaching, she hopes to inspire and teach other young entrepreneurs to pursue their dreams and build businesses of their own.
Final Thoughts:
Jasmine’s story is a testament to the power of determination, continuous learning, and embracing risk. In just one year, she went from knowing nothing about e-commerce to running a six-figure Amazon FBA business, buying a car outright, and mentoring others along the way. Her journey demonstrates that with the right mindset and resources, anyone can turn their entrepreneurial dreams into a reality—even with zero experience.
