214: How 3 Best Friends Quit their Corporate Jobs, Moved to México, & Built a BiG eCommerce Biz – Mike Begg of AMZ Advisers

214: How 3 Best Friends Quit their Corporate Jobs, Moved to México, & Built a BiG eCommerce Biz – Mike Begg of AMZ Advisers

Background on Mike Begg of AMZ Advisers:

Mike Begg is the Co-founder, Chief Strategist, and Chief Marketing Officer of AMZ Advisers, which helps manufacturers and brands maximize their sales on Amazon by creating content, developing marketing strategies, and managing advertising. Mike is 31 years old, from Connecticut, and currently resides in Guadalajara, Mexico. He is an Amazon marketing professional with over 7 years of experience selling and consulting on Amazon and 10 years of experience in retail and eCommerce. He is also the President of Bosque de Talentos, a nearshoring venture providing high-quality talent to foreign businesses.

After working corporate jobs, Mike and his friends, Steve and Rob, realized that they needed their own business. And that is when they launched their first brands on the Amazon platform and grew them into 7 figure businesses. Today, AMZ Advisers is an established full-service eCommerce & digital marketing consultancy focused on all Amazon platforms globally to create growth for Brands/Manufacturers. They are currently partnered with brands in the US, Europe, Canada, and Asia.

Time-Stamped Show Notes:

[1:22] Mike Begg, from Connecticut but now lives in Guadalajara, Mexico, runs an agency called AMZ Advisers, which focuses on helping brands maximize sales on Amazon.
[3:17] Moving to Mexico was an opportunity for Mike to grow his company and gain more traction.
[5:48] Mike explains the services they offer in AMZ Advisers.
[8:44] In terms of safety concerns, Mike thinks it is all perspective and it is still safe to live and have a business in Mexico.
[15:27] From a business aspect, Mike enumerates some of the best places in Mexico where an entrepreneur can potentially start their own business. He also recommends some places in Mexico for a more relaxed lifestyle.
[17:38] Living in Mexico as a temporary resident, Mike does not pay any taxes.
[19:55] His first job was in a consulting firm, which he did not enjoy doing. After leaving his first job, he went into the real estate industry. This time, Mike really liked his new job.
[29:15] After leaving his job in real estate development, Mike and his business partners started selling eBooks on the Amazon platform.
[35:41] In college, Mike started to understand that being a business owner or entrepreneur can bring financial freedom.
[43:37] When they got some success in buying and selling stuff on Amazon, Mike and his friends began selling their own brand on Amazon.
[48:37] The idea for the AMZ Advisers came when they saw that they can actually compete with other bigger products being sold on Amazon.
[53:52] They got their big business opportunity through Upwork.
[58:27] In 2017, Mike and his business partners moved to Mexico.
[1:00:14] There were no fights between Mike and his business partners. They complemented each other very well.
[1:03:18] Hiring people in Mexico in-house was a big factor in the growth of AMZ Advisers.
[1:10:46] The biggest worry for Mike is the growing competition that is coming into their industry.

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Fabulous 4 Questions:

📖📚 Favorite Books? Fountainhead by Ayn Rand, Obstacle is the Way by Ryan Holiday, The War of Art by Steven Pressfield, Persuasion by Robert Cialdini
🙌😎 Favorite Amazon.com purchase? Roomba Vacuum
🌱💸 Favorite Tool that's GROWN your Business? Zapier / Slack
💭💡 BIGGEST Challenge keeping your Business from GROWING? Customer Retention

Key Point from the Interview:

“All these people who have these mega yachts, they own their own businesses. A lot of them were in construction or other related fields like that, while some of them had restaurants, some of them had other businesses like that and it’s kind of when it first started clicking that like, if we want to have these type of stuff in our lives, we really needed to be the business owners instead of the employees.”

Resources Mentioned:

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