What Is Logic?

What Is Logic?

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What’s up everyone?. Mike Rosko here! Now, for those of you who have tuned in for the previous five blogs, you know that they were about my life. It’s my life story. I’ve taken you from episode one, my first valuable lesson; all the way up until my most recent blog, which is when I hit rock bottom. In this blog, I’m going to be going into detail about how i discovered “What Is Logic?”…

Life Realization

I started to realize what I wanted in life… So that takes us to this blog where things changed from that point on when everything clicked for me…

Woke Up That Day

I just woke up one day and I just clicked. I said, all right, I’m ready. I’m ready to live my best life…

For those of you who can relate, you just realize like that is literally the best point in your life, when you realize I want to take action…

I’m ready to take control of my life and it’s going to start right now… 

Well, that’s where I ended my last post. So I’m super excited for this blog post because I’m going to take you from that point until now.

Do Everything In My Power

So let’s get started. as I’m going to take you back to the day where I just woke up and everything clicked, and I just said, I’m ready. I’m ready to do everything in my power and I’m willing to sacrifice everything… Everything…

I just want to succeed…

I want to live a fulfilled life…

I don’t care I’ll do whatever it takes, I just want to get there…

My Definition of Success

For those of you who know me, my primary goal is to change others people’s lives. Not only do I want to personally achieve financial freedom, but I want to be a part of other people’s success.

So it’s actually pretty funny because ever since that day I literally have not stopped working. I have had zero social life in the past couple of years. I’ve barely even left my house… 

You can ask any of my friends, family. I literally just work all day because when you want to succeed, you want to succeed…

Motivation

I watched a video one day, it was a motivational video by Eric Thomas and he said, “You know when you want to succeed because you will want to succeed as much as you want to breathe!”

At the time I thought I knew what that meant, but in reality, I didn’t know what that meant until now… when currently I am doing everything in my power to succeed… I don’t care if it means giving up the next 10 years of my life. I just want to live a fulfilled life and help others do the same!

“When You Want To Succeed As Bad As You Want To Breathe!”

Why Are Only 5% Of Americans Rich?

So this is for those of you who have experienced the similar type of click that I had, but you have no idea where to start… 

Well as I said, I was in the same situation. I literally knew I wanted to succeed, but I had no idea where I needed to start.

So it was pretty funny. I was just sitting there and I was thinking, “Why are only 5% of Americans rich? The USA supposed to be the promised land, it just doesn’t make any sense. Why are only 5% of people rich?”

Where To Start

So I started searching  for answers. I know a bunch of you can relate to this, but like I spent hours just searching subjects along the lines of, oh, how to get wealthy. I know everybody’s done it…

So I actually came across this book by Robert Kiyosaki called Rich Dad Poor Dad, and keep in mind, this book is a top rated book. My friend actually recommended it to me a couple of years earlier and I know a bunch of famous people have actually recommended it now. 

I didn’t know whether it was a marketing tactic or whatever, but there were a bunch of famous people who said this book has changed their life. So I remember thinking, if the book ends up not being that good, I said, what’s the worst that can happen? I just wasted a few hours of my life and $5? Who cares!

I had no idea where to start. So I started reading that book. Now after reading that book, everything started to make sense. I was like, oh, well this makes sense.

Society’s Expectations Are Lies!

It’s weird because when you’re growing up, nobody teaches you any of this stuff.  I’m not going to turn this blog into bashing anybody, but it started to make sense as to why we’re not taught this stuff. Now again, I’m not going to get off course and  go onto these random topics about how everything is corrupt, but maybe I’ll do that for another post. 

But this book kind of just opened my eyes and explained it more clearly  because I knew something was up. I knew none of that made sense. This book just kind of verified everything and it all started to click together.

So if you have not read that book yet, I highly recommend reading that book. I mean, it’s  the foundation for every entrepreneur.

It’s Rich Dad Poor Dad by Robert Kiyosaki, purple cover. Just read the book…

You can let me know what you think afterwards, but you need to read that book. It’s a life changer and especially if you have no idea where to begin, well read that book and then take the next step. So anyway, I read that book and I was like, Oh my God, this book is awesome. So I’m hooked and I need to read more books.

Start Reading Tons Of Books

So I start Googling top business books, the top entrepreneur books and I came across Four Hour Work Week By Tim Ferriss, Think And Grow Rich By Napoleon Hill, F.U. Money By Dan Lok, Millionaire Fast Lane By MJ DeMarco, and so on.

So I ended up reading tons and tons of books for the rest of that summer. On a side note, do you see what all 4 of these books have in common? Well… All the authors are successful… I’ll say it again, learn from people who are already successful… Stop learning from people who have yet to do it themselves!

Hardest Part Of The Process

Anyway, during that time I was trying to figure out, okay, what is a good investment. What type of business am I going to start? it took me a little while and I was trying to figure it out. And for those of you who can relate, this is probably the hardest step in the whole process…You’re so worried about failures and we’re worried about making mistakes because I’ve personally already had some business experience and I know have experienced failures.. And you know, it’s not a fun time, but that’s why they always say the ones that can rebound from failures are the ones that succeed! 

So, I was running through all these ideas. I had this huge list of what I was going to invest in, what kind of businesses I was going to try and that’s when it occurred to me,..

Why don’t I just start a business that I already know the industry and I already have experience in it. So I was thinking hmm,I used to flip NFL NBA jerseys for profit, I had some success on eBay, and I’ve been working in the retail space for 5+ years, almost 10 years. So why don’t I start with something along those lines? Now, obviously I didn’t have enough capital to open up a physical retail store and who was going to give me funding to do that. So I was like, alright, I can’t start a business with a physical location, that’s not feasible. So I figured, it has to be something online…

Picked My Industry And The Searching Began!

So I started Googling, how to sell products online. For those of you who have done this before, it’s the most exciting yet frightening time! Anyway, obviously already had experience with eBay and I already understood the physical retail space, but that’s when I rediscovered the Amazon FBA opportunity…

I was like, hmm, this is interesting because Amazon literally has millions upon millions  of customers and just like eBay, you can sell products on Amazon. But  Amazon is way bigger than eBay. So I thought, okay, I already have experience on eBay, why don’t give Amazon a try?…

Private Labeling

So I started looking up all these things about Amazon FBA and I come across a couple of these guys talking about this thing called private labeling. And I’m like, hmm, that’s interesting because I used this source NFL and NBA Jerseys from China and sell them on eBay.

So what these guys were teaching people to do was to use this chrome extension called Jungle Scout, which was a sales estimator for all Amazon products. So what you do is you would type in some product and you would run the sales estimator and you would see what types of products were in high demand/how many units were selling per month.

Then what you would do is source a similar product from sites like Alibaba or any website from China –> Slap your brand name on that generic product you had bought –> List your product on Amazon –> Run ads, run PPC, and try to rank it on the first page and have customers purchase your product.

Another Attempt, Well… Sort Of…

So since I had some experience sourcing products from China, with my NFL and NBA Jerseys and selling them online on a platform eBay, I thought,  hmm, this is interesting. I mean it doesn’t really make sense because who’s gonna buy my product? But you know what? It seems to be the wave and I’ll give it a try and see what happens!

I mean, I had no experience with advertising online. I didn’t understand what keyword research was, PPC, any of that stuff, that wasn’t my specialty, but I said, whatever, I’ll give it a try. So I started going through these products and doing product research, trying to find that one “home run” product.

At first I came up with this makeup remover kit and I started contacting manufacturers on Alibaba, trying to get samples of this product so I can list it on Amazon and sell it. But then I was like, eh, not this product even after contacting tons and tons of manufacturers…

Makeup Remover Kit

Different Attempt, Using More Logic…

So I started looking for a product again and I remember thinking to myself, all right, so what’s the future going to be like? What can I sell that’s going to blow up in the future? So I actually came up with 3D printers and I knew this industry is probably going to boom within the next five, ten years… 

3D Printer

So I start looking at 3D printers and doing all the product research and I came up with 3D printer filaments, which is like the ink for a regular printer, but for 3D printers for those of you who do not know what 3D printers are.

So I’m thinking, alright, sick, I’ll give this a try. So I went on Fiverr and I got a logo made and I started contacting tons of manufacturers. I found a couple and I wanted them to send me samples so I could check it out. But then I realize, oh wait, I don’t even have a 3D printer to test it out. So I was like, hmm, what to do, what to do?

What Is Logic? Who's Going To Buy This?
Logo I Had Designed For 3D Printer Filament Refills

I Realized…

That’s when I realized this really doesn’t make sense. I mean, how would I ever succeed with this product. I have no idea how to do keyword research, how to run advertisements, deal with PPC. I didn’t know any of that stuff and WHO IS GOING TO BUY MY PRODUCT? 

I named it high performance filaments. But I was just thinking  who is going to buy this product? Why, why would I sell this product? People only bought the NBA and NFL jerseys because everybody knows what the NBA and NFL merchandise. Who would buy my unknown brand name filament over something like Dikale or Hatchbox? Who was going to buy that plus who even knows what the quality is like?

Also, if you remember, my first business failed because I was selling fake NBA and NFL Jerseys. So eBay suspended my account and my friend’s account. So I’m like, alright, I already learned my lesson once. Why would I set myself up for failure again?… 

Using Logic!

So I completely cut that off. You know, It’s pretty funny because I actually still have manufacturers contacting me on my old email trying to sell me product. But anyway, I’m sitting there, I’m thinking, okay, so I know I want to sell online, but what can I do?…

What Is Logic? Not Buying Fake Products From China!
Manufacturers STILL Contacting Me To This Day!

So I’m thinking, okay, Mike, sell things that already sell. Don’t sell fake stuff. Sell the real stuff, but sells stuff that already sells. Now what does the supermarket do? How did it get so big? So I’m thinking, okay, well they sell stuff that already sells. They’re selling like Proctor & Gamble products, Nabisco, Nestle, all these huge brands.  

That’s when I realize that’s , what I should be doing, here, I should be selling big name brand products on Amazon when I obviously already had years of experience in the retail space. So I know how the retail space works and I’m going to go over that in more detail in a different blog, But that’s when it hit me…

Epiphany

I was like, okay, let’s just sell high quality stuff that customers already want to buy and make profit off of it. I mean it’s literally the oldest method in the book. So then I remember Googling top Amazon third party sellers, and what do you know?

I pull up the list of the top sellers on Amazon, Pharmapacks, eTailz, Avalanche Brands, etc. I start and I go look at their storefronts, what products are they selling? They’re selling big name brand products. So I’m like, okay, I’m onto something that just verified my thought process. I was like, alright, I’m ready to go.

Pharmapacks Storefront
What Is Logic - PharmaPacks Storefront
eTailz Storefront
What Is Logic - eTailz Storefront
Avalanche Brands Storefront
What Is Logic - Avalanche Brands Storefront

Mentor Helped Me Through The Process

So next step I thought, okay, so how do I generate sales on Amazon? So I found a mentor and he guided me through how the actual sales worked on Amazon. I mean I already knew the whole retail space. So all I needed to do was figure out how do the actual sales work on Amazon. 

I’m going to go into more detail in a different blog post of how the retail space actually works because it’s a lot of information. But I found a mentor and he helped me figure out how sales worked on Amazon. At that point, I knew I was ready to go.

Take Action > Fear

For those of you who know, taking action is both exciting and frightening at the same time! Like you’re so ready to start, but you’re also entering the world of the unknown. And actually I think people DON’T take action because they’re scared of this “unknown world.” They’re thinking about their failures and getting stuck rather than the actual opportunity that is being presented…

So anyway, my first step, I actually contacted the supplier that supplied the supermarket to see if I can buy product off of them. But at the time I didn’t realize I actually needed a company in order to buy from a supplier. So immediately I opened an LLC and the rest was history.

I mean I’ll definitely go into more detail in different blog posts. I don’t want to go into full on detail of certain parts of the business in this post because this is supposed to be an post about my story, but I was literally able to build a six figure online retail business in less than six months. I mean, some of you may not think it’s that big of a deal. But you have to realize how many lessons I learned just in this short amount of time, how much action I took, the capital I was leveraging, and all the mistakes I had made and learned from…. 

Opportunity

You have to realize growing a six figure business in less than six months is pretty good. I mean, it’s not meant to toot my own horn. It’s just more meant for you to realize the opportunity that comes with Amazon and to show you that literally anybody can do it…

To go from Rock Bottom to a 6 figure online retail business in less than 6 months is pretty impressive…

I mean it’s not only limited to Amazon, you can also sell on other platforms. I was selling on eBay and I’m trying to get into a Walmart. I’m currently looking to expand internationally, you have to realize, there’s so much opportunity online. The customer base is huge.

The Transition

People have to realize there’s a reason why the Best Buys are closing, Game Stops are closing, etc. All these physical brick and mortar retail stores are closing because it’s all transitioning to online. So people have to realize the huge opportunity there is with selling on Amazon, selling online in general, and what products should we be selling online again?… 

High quality, big name brand products. Why? Because people already buy these products. People already WANT to buy these products. These brands are already spend millions upon millions of dollars advertising. Okay?

You don’t need to advertise. All you’re doing is buying them from an authorized supplier (that has full permission and legal right to sell these big name brand goods) at a lower cost and selling them at a higher price and thus getting profit. It’s a simple business model. I just need people to recognize that there is an opportunity for this…

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