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Amazon is losing money - are you next?
By Bruce King | 21 May 2022
Amazon posted a last quarter loss for the first time in 14 years, and they're not the only ones. And I can guarantee you too almost certainly have big problems heading your way.
Amazon posted a last quarter loss for the first time in 14 years, and they're not the only ones.
And I can guarantee you too almost certainly have big problems heading your way.
Your business overhead costs are rising and will continue to do
Your customers are going to have to cut back on their purchasing and will be demanding more competitive prices from you
Your business suppliers will be demanding higher prices
Your personal expenses are going through the roof and will continue to rise.
And unlike the four previous recessions / depressions I've lived and worked my way through, this one is going to last a lot longer and be even harder hitting. All the many experts I have spoken with agree.
So, what can you do about it?
You simply must get a lot better at everything you do to generate income and profits, and most of what you need to know is here in The Rainmakers Club
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