Podcast Episode

He Quit His Job and Never Touched a Single Product | Pedro Bermudez | EP49

About this episode

Pedro Bermudez left a corporate career and built an Amazon FBA ecommerce business to $2,000,000 in revenue in his first year, without ever picking, packing, or shipping a single product himself. On this episode of The Wealth Clock with Steven Weinstock, Pedro breaks down exactly how he did it, and how he later built a second $2,000,000 a year business, this time as a personal brand on LinkedIn. Pedro is the founder of Reseller Engine, where he teaches corporate professionals how to build an Amazon reselling business as a side income. He got his start on eBay before moving to Amazon FBA in 2015, and has since built direct brand relationships and a coaching business that has helped clients go from a few thousand dollars a month to a few thousand dollars a day. In this conversation, Pedro and Steven cover: How Pedro discovered ecommerce reselling on eBay and later scaled through Amazon's fulfillment by Amazon programWhy owning inventory beats drop shipping when you have access to Amazon's sales dataHow Amazon began restricting sellers around 2022 and 2023, and why brand relationships are now the only sustainable pathHow Pedro pitches brand founders on exclusive distribution deals and payment termsThe product categories Pedro avoids, and why returns make women's clothing one of the hardest categories to sellThe biggest mistake Pedro made, waiting too long to leave his corporate jobWhy Pedro built his personal brand on LinkedIn instead of paying for ads on InstagramHow Pedro thinks about building a side income in secret while still holding down a corporate jobThe identity shift Pedro experienced once he stopped being afraid to take risks This episode is for anyone who feels like their corporate paycheck does not match their actual value, anyone considering an Amazon FBA business or ecommerce reselling as a side hustle, and anyone curious how a personal brand on LinkedIn can replace paid advertising entirely. Episode chapters00:00 Introduction and Pedro's background01:27 What corporate life actually looked like for Pedro02:38 The industries Pedro worked in before leaving corporate04:46 Why Pedro chose ecommerce and how he started on eBay06:33 Why Pedro owns his inventory instead of drop shipping07:31 The product categories Pedro has sold over the years08:40 How Amazon started restricting sellers in 2022 and 202309:41 Getting registered directly with brands on Amazon13:17 Pedro's actual pitch to brand founders14:53 The biggest mistake Pedro made in his first year16:13 The product categories Pedro avoids and why18:01 How Pedro started coaching other people to do this19:51 Who Pedro's coaching clients actually are21:59 Why Pedro built his personal brand on LinkedIn23:56 Why building a side income in secret matters25:06 The identity shift since leaving corporate life25:53 How to reach Pedro and where to find him About the guestPedro Bermudez is the founder of Reseller Engine, teaching corporate professionals how to build an Amazon ecommerce business as a side income. He also runs an ecommerce store with his wife of over ten years. Connect with Pedro BermudezLinkedIn: https://www.linkedin.com/in/pedro-bermudez-reseller-engine/Instagram: @income.savvyYouTube: https://www.youtube.com/channel/UC1LEb2JayW6tjCzoT9x8UIwEmail: hello@resellerengine.io About The Wealth ClockThe Wealth Clock with Steven Weinstock features real stories about money, real estate, investing, and entrepreneurship. Steven Weinstock is the founder of WE Capital, a real estate investment and syndication company, and hosts conversations with people who have built real businesses, made real mistakes, and learned real lessons along the way. New episodes cover ecommerce, Amazon FBA, real estate syndication, multifamily investing, side hustles, and building wealth outside of a traditional 9 to 5 job. Subscribe to The Wealth Clock for new episodes every week, and follow along on YouTube, Apple Podcasts, and Spotify.