Hmm. Seems unlikely given the manual nature of shopping at WalMart, shipping costs, returns, etc, on an $8M revenue base.
Edit: He contradicts himself..."four years later, we're a team of 11 and we're doing well over $200,000 in sales per month"
$200k/month isn't even close to $8M/year. And you aren't netting 7 figures with $200k/month and 11 employees. Now I'm thinking this is just a puff piece for his get-rich-quick lecture series. Too bad, as it's probably still a decent story with the actual figures. Just not a rags to riches one.
I'm also having trouble visualizing 11 people buying $8M (retail) worth of stuff from WalMart in shopping carts. That's $2k per day, per employee, every day.
This "company" may be doing something else, additionally to these flipping schemes. Seminars are mentioned. Consulting may be something else. Or some other form of ecommerce.
So, if you knew how to make money doing x and genuinely wanted to share that info, how would you do so effectively without being perceived as a scam artist?
I am trying to do exactly that. One establishment would not post the flyer "because it might be a pyramid scheme." So simply being free seems insufficient.
Edit: He contradicts himself..."four years later, we're a team of 11 and we're doing well over $200,000 in sales per month"
$200k/month isn't even close to $8M/year. And you aren't netting 7 figures with $200k/month and 11 employees. Now I'm thinking this is just a puff piece for his get-rich-quick lecture series. Too bad, as it's probably still a decent story with the actual figures. Just not a rags to riches one.
I'm also having trouble visualizing 11 people buying $8M (retail) worth of stuff from WalMart in shopping carts. That's $2k per day, per employee, every day.