Amazon FBA Journey: Beast Gear, Sold to Thrasio in 3 Years, Ben Leonard Tell All | Summary and Q&A

TL;DR

Ben Leonard shares his journey of building a seven-figure international business on Amazon, successfully exiting it, and starting his own ecom brokerage.

Key Insights

• 🥺 Scratching your own itch can lead to the creation of successful businesses.
• 👨‍💼 Partnering with someone who complements your skills can enhance business growth.
• 👨‍💼 Outsourcing or partnering with experts can help sellers focus on their strengths and scale their business.
• 🍉 Building a brand and protecting intellectual property are crucial for long-term success on Amazon.
• 🥺 Solving customer problems and telling a compelling story in your listing can lead to better conversions.
• ❓ Overcoming challenges and learning from them is a valuable part of the entrepreneurial journey.
• 🥺 Navigating complexities, such as selling in different countries, can lead to significant growth opportunities.

Transcript

amazon seller journeys one of my favorite podcasting formats where we go in depth with somebody who's been successful and tells us some tips and tricks that they've learned along the way today i talked to ben leonard who's the classic millennial entrepreneur the founder of beastgear built a business on a laptop in a cupboard in his spare time but t... Read More

Questions & Answers

Q: How did Ben Leonard come up with the idea for Beast Gear?

Ben stumbled into e-commerce while taking a break from work as an ecologist. His girlfriend encouraged him to create a brand of fitness equipment, which led to the birth of Beast Gear.

Q: What was the biggest challenge Ben faced in his journey?

One of the biggest challenges was a fierce intellectual property attack from a competitor. However, Ben fought back with legal protection and ultimately emerged as the leader in his niche.

Q: How did Ben navigate the complexities of selling on Amazon in different European countries?

Ben faced the challenges of registering for VAT in multiple European countries. However, by overcoming these obstacles, he was able to significantly increase his sales and stay ahead of his competitors.

Q: What advice does Ben have for Amazon sellers starting or scaling their business?

Ben advises sellers to focus on their strengths and delegate tasks they are not experts in. He also emphasizes the importance of building a brand and protecting your intellectual property for long-term success.

Summary & Key Takeaways

• Ben Leonard started his Amazon business, Beast Gear, by selling a skipping rope. He quickly expanded his product line and built a successful brand.

• He faced challenges, including a vicious intellectual property attack, but overcame them through legal protection and persistence.

• He successfully exited his business in 2019, selling it to Thrasio, one of the first European brands to acquire Amazon businesses. He then started his own ecom brokerage called Ecom Brokers.