Amazon FBA/Shopify vs Crypto & Stocks - An Honest Comparison

The video is about comparing the differences between Amazon FBA/Shopify (e-commerce) and crypto/stocks as two different ways of making money online, discussing which one is better for achieving freedom and passive income.

This video by Dan Vas was published on May 10, 2022.
Video length: 13:31.

The video is about comparing the differences between Amazon FBA/Shopify (e-commerce) and investing in crypto and stocks.

The speaker discusses how both methods of making money online have become popular during the pandemic, but emphasizes that e-commerce is a stronger business model for achieving freedom and passive income. They explain that with e-commerce, you are building a business that relies on your own skills and effort, and has intrinsic value that can be sold later. On the other hand, investing in crypto and stocks involves putting money into something you have no control over.

The speaker shares their personal experience with e-commerce and investing, and encourages viewers to follow their intuition when making investment decisions.

• E-commerce and investing have grown in popularity during the pandemic.
• E-commerce is a strong business model that relies on your own skills and effort.
• Investing in crypto or stocks involves putting money into something you have no control over.
• E-commerce allows you to build a business with intrinsic value that can be sold later.
• Investing in crypto and stocks has also become popular, especially during the pandemic.
• E-commerce provides freedom and passive income, while investing does not.
• Amazon FBA/Shopify is a business model that is entirely in your control and can be profitable.

Amazon FBA/Shopify vs Crypto & Stocks - An Honest Comparison - YouTube

Introduction

• The video compares Amazon FBA/Shopify (e-commerce) and crypto/stocks as two different ways of making money online.
• Both e-commerce and investing have grown in popularity during the pandemic.
• E-commerce is a strong business model that relies on your own skills and effort.
• Investing in crypto or stocks involves putting money into something you have no control over.
• E-commerce allows you to build a business with intrinsic value that can be sold later.

E-commerce as a Business Model

• E-commerce is a reliable income stream that continues to grow.
• People prefer the convenience of online shopping and are unlikely to return to in-person retail.
• Building an e-commerce business requires effort and skill, but it can be profitable.
• An e-commerce business has intrinsic value and can be sold for a cash profit in the future.
• E-commerce allows you to achieve freedom and passive income.

Investing in Crypto and Stocks

• Investing in crypto and stocks has also become popular, especially during the pandemic.
• Stimulus checks and social media influence have contributed to the rise in investing.
• Investing involves putting money into something you have no control over.
• You cannot control whether the value of your investments goes up or down.
• Investing does not provide the same level of freedom and passive income as e-commerce.

Amazon FBA/Shopify vs Crypto & Stocks - An Honest Comparison - YouTube

Personal Experience and Intuition

• The speaker shares their personal experience with e-commerce and investing.
• They started with e-commerce and built a successful business.
• They felt uncomfortable investing their money without control or intrinsic value.
• Following intuition is important in making decisions.
• Investing without intuition can lead to mistakes and consequences.

Comparison between Crypto/Stocks and Amazon FBA/Shopify

• The speaker initially thought crypto was a joke but realized it had potential.
• They lost $500k in investments in crypto and stocks.
• They realized they can only be really good at one thing and decided to focus on their main business.
• They value their time and energy and want to have a good life doing things they enjoy.
• They prefer putting their time into something that is dependent on their effort, like Amazon FBA/Shopify.

Investing in Stocks and Crypto

• The speaker found success in the stock market when it was going up but lost money when it started going down.
• They realized they have no control over the market and can only make educated guesses.
• For beginners with limited funds, the average return of the stock market is not significant.
• Investing is unpredictable and difficult, even for the world's most talented investors.
• The chances of success are stacked against individual investors.

Benefits of Amazon FBA/Shopify

• Amazon FBA/Shopify is a business model that is entirely in your control.
• You can select the product and take steps to increase sales.
• It relies on your effort and doesn't depend on external factors.
• There are many products to sell, catering to different interests and niches.
• You can start with a few thousand dollars and turn it into six figures per year within a few months.

Choosing Wisely and Valuing Time and Energy

• In today's world with distractions everywhere, it's important to choose where to invest your time and energy wisely.
• Amazon FBA/Shopify is a fantastic business model for those who want to have control over their success.
• There are opportunities to create a brand and potentially invent something down the road.
• Starting with a few thousand dollars, you can build a profitable business within a short period of time.
• Valuing time and energy is crucial in achieving freedom and passive income.

Comparison between Amazon FBA/Shopify and Crypto/Stocks

• Having $100k in sales in an e-commerce business like Amazon FBA or Shopify means you have built an asset worth $100k.
• E-commerce businesses like Amazon FBA and Shopify require your input and effort to be successful.
• Investing in crypto and stocks does not give you control over the outcome and making a consistent income is difficult.
• Investing in crypto and stocks is like betting on poker, where even experts like Warren Buffett and Bill Ackman lose money.
• Putting your time and money into a business that you control is important for achieving freedom and success.

The Importance of Appreciating the Present and Planning for the Future

• Appreciating the present moment is important because everything is temporary.
• Life is not just about reaching a certain level of wealth or success, but also about enjoying the journey.
• Appreciating the present and planning for an amazing future is the key to a fulfilling life.
• It's important to have a balance between appreciating the present and looking forward to the future.
• Leave a comment and connect with the YouTuber to continue the conversation.

Watch the video on YouTube:
Amazon FBA/Shopify vs Crypto & Stocks - An Honest Comparison - YouTube