13 Amazon Fba Business Success Stories [2024]
Amazon is ripe with opportunity, which is making it possible for people to make a lot of money with little investment or effort.
Amazon has over 2.3B visitors per month, With this huge audience, Amazon is an amazing opportunity to start your own business. In fact, you can sell products with very low competition.
Here are some real life success stories of starting a amazon FBA business:
1. MyFBAPrep ($6M/year)
Tom Wicky, Bart Boughton, and Taylor Smits came up with the idea for MyFBAPrep after realizing there was a lack of a scalable FBA Prep and DTC fulfillment service for Amazon sellers. By leveraging their collective experience in eCommerce, they built an asset-light network of 40 warehouses with 2 million square feet of space, powered by their proprietary SaaS platform Preptopia™. Since its launch in 2018, MyFBAPrep has grown to a $5 million+ annual run rate with no outside capital investment.
How much they make: $6M/year
How much did it cost to start: $200K
Current team size: 15
Entrepreneur Tom Wicky founded MyFBAPrep, a nationwide network of third-party logistics warehouses, in 2018 with partners Bart Boughton and Taylor Smits and self-funded/bootstrapped it into a $5 million+ run rate annually, growing 1000%+ annually year/year since inception, with no outside capital investment, since its inception and processing over 4 million products through the network with a Gross Merchandise Value (GMV) of over $1 billion.
2. MohitEcommerce ($27.6K/year)
Mohit, the founder of MohitEcommerce, came up with the idea for his business after gaining experience in the eCommerce field and working with various online marketplaces in India. He saw a growing need among small businesses to navigate marketplace policies and set up their businesses online. Mohit started providing seller services and business consultancy through his website, attracting customers through his expertise and practical approach.
How much they make: $27.6K/year
How much did it cost to start: $900
Current team size: 3
MohitEcommerce founder Mohit shares his experience of starting and scaling an eCommerce service business in India, offering Amazon and Flipkart seller training and account management services, and generating $2k to $3k per month, mainly during the pandemic when small businesses were turning to eCommerce marketplaces.
So... can you actually make money with a amazon FBA business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
3. Charlie Hustlez Books ($108K/year)
How much they make: $108K/year
Current team size:
This case study outlines how Charlie William went from reselling books as a side business to making over $9,000 each month as an Amazon FBA seller.
4. Plugable Technologies ($14.1M/year)
How much they make: $14.1M/year
Current team size: 42
Learn how owner Bernie Thompson built Plugable Technologies into one of the most well-known USB device brands in America and the world, while using his own in-house tools to regulate his Amazon business and helping other sellers with Amazon PPC ads.
So... can you actually make money with a amazon FBA business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
5. Mitch Davis ($36K/year)
How much they make: $36K/year
Current team size:
Learn how one Amazon seller in Japan made $9,000 in sales each month by selling private label products, and how he shares his tips and tricks on his private Facebook group, Amazon Japan Exclusive.
6. Craig Adam ($720K/year)
Craig, a 34-year-old Dad from the UK, started an eCommerce business selling kitchen tools and utensils on Amazon. After feeling trapped in his construction job and looking for alternative ways to generate income, he stumbled across the Amazon FBA business model and launched his business in December 2015. Within the first month, he turned over an impressive $19,233 and managed to quit his job just 5 months later.
How much they make: $720K/year
Current team size: 0
Craig, a former construction worker, left his day job to start an eCommerce business selling kitchen tools and utensils on Amazon in the US that generated $19,233 in their first month and by month 6 was turning over $33,000+; he has since scaled the business to multiple 6 figures and is now dedicating his time to helping others create more time and financial freedom in their lives by starting their own businesses.
So... can you actually make money with a amazon FBA business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
7. Stoic Muse ($120K/year)
Jeff, the founder of Stoic Muse, came up with the idea for his business while living as a digital nomad in Bali. Inspired by Stoic philosophy, particularly after listening to "The Obstacle is the Way" by Ryan Holiday, he decided to create art and merchandise based on these principles and sell them on Etsy. The ease of using Print on Demand services made it simple to design and launch products without any upfront costs for prototyping or manufacturing.
How much they make: $120K/year
How much did it cost to start: $0
Current team size: 1
Jeff started Stoic Muse, a creative side project selling 100-150 t-shirts per month ($3K revenue) on Etsy, without any upfront costs for prototyping or manufacturing, by learning graphic design and using Print on Demand to fulfill the merch.
8. Debt To Dollars ($84K/year)
Josh Ellwood, the founder of Debt To Dollars on YouTube, came up with the idea for his business after realizing the importance of time wealth rather than just financial wealth. After successfully starting multiple side businesses, he decided to create a YouTube channel to share his knowledge and experiences with others. Through trial and error, he found success with a video tutorial on how to list your first product on Amazon, which has since gained almost 600k views and generated nearly $40k in revenue.
How much they make: $84K/year
How much did it cost to start: $300
Current team size: 0
Debt to Dollars, a YouTube channel focused on teaching people how to start profitable side hustles and create financial freedom, has been able to generate over $80,000/year in ad revenue, with additional income streams from Patreon, Fiverr, brand deals, and affiliate marketing due to its success teaching others how to sell on Amazon using Fulfillment by Amazon services.
9. BuildFBA ($1.2M/year)
Samrudha, the founder of a 6-figure Amazon e-commerce business, came up with the idea after being heavily impacted by the pandemic and looking for a touchless business model. Starting with dropshipping and then transitioning to Amazon arbitrage, Samrudha eventually decided to develop a unique product, a bike wall stand, due to high demand in the biking niche. With a bare minimum capital of $5,000, the business has now achieved over $1 million in sales in just 2 years' time.
How much they make: $1.2M/year
How much did it cost to start: $10K
Current team size: 3
This case study follows the journey of a founder who built a 6-figure Amazon e-commerce business from scratch, with initial capital of $5k USD, and achieved more than $1M in sales in just 2 years, focusing on a unique niche in sports and outdoors products through influencer marketing and quality products.
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
