Tom Wang asked in his latest obnoxious YouTube ad, “Did you know that every time you purchase something on Amazon, you’re helping someone passively make money?”
“Yes! You may be helping people like myself, a young man in his twenties, get money while sleeping. He adds, “It’s true.”
“The question is, why assist others in earning passive money when you may be earning your own?”
So, before we get too far into this…
Tom Wang’s FBA Masterclass – like most Amazon FBA programs – wants you to believe you can build and run a successful e-commerce business that’s automated, profitable, and generates cash around the clock in less than 90 days…
With just a couple hundred dollars in inventory…
Sounds a little too good to be true, huh?
Look, as far as most online businesses go, you could do a lot worse than Amazon FBA.
But does that mean it’s the best solution for you?
That’s what we’ll find out in this Tom Wang review.
The biggest things you have to consider here are:
- Inventory Management
- Product Selection
- Time to Profit
While you can make good money with Amazon FBA, it’s not as easy or simple as most course creators make it sound. Let’s break these 3 down real fast:
1) Inventory Management: If you’re doing an FBA business, the promise is that you don’t need to worry at all about inventory, because Amazon takes care of packing, shipping, customer service, etc.
However, you still need to get products to Amazon. And Amazon has very strict rules all sellers have to follow when preparing products for their warehouses.
This includes packaging, labeling, and registering products in their system. If you’re preparing all products yourself, you’ll spend a TON of time on this step (potentially 4-5 hours a day). So if you’re looking for a passive, automated business that runs itself, this might not be the best fit.
Now, yes, you can hire an Amazon prep center to do all this for you, but that eats into your margins. And remember that Amazon takes around 30-40% in fees for using the FBA program, so your profits are pretty tight to begin with.
2) Product Selection: E-commerce is a cyclical business. “Hot” products are always going in and out of fashion, which means, as an Amazon seller, you constantly need to be on the lookout for the next big thing.
That means monitoring trends, searching for products that might be popular down the line, and constantly in a rat race to – essentially – predict the future.
Sure, you can play in the evergreen market (things people always need and buy), but how much profit margin are you really going to get on meal prep containers, rubber spatulas, and golf umbrellas? Especially when there are hundreds of thousands of other sellers all swimming in that same ocean.
And because you’re constantly hunting for new hot products to sell, that takes up all the valuable time you could be using to travel, explore, read, surf, hike, or whatever else.
3) Time To Profit: Now, this isn’t the slowest turnaround time, but if you think you can put a dollar into inventory today and come out with two tomorrow, you’re sadly mistaken. From the time you first buy products to sell, you could be looking at anywhere from 4-12 weeks before you see a dollar come back.
And it could take twice as long before you break even.
Now, that’s not terrible, but what if you could start building a different (non-Amazon) income stream today, and see your first profits tomorrow?
What if you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Inventory
- Low margins
- Constantly looking for the next hot product
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day packing, prepping, and researching?
If that sounds like something you’d be interested in, check out Digital Leasing.
However, if you’d still like to know more about Tom Wang, keep reading.
Who Is Tom Wang?
Tom Wang is a podcast host, entrepreneur, coach, and YouTuber. He’s spent his whole life as a self-described “side hustler,” doing anything from flipping watches at a night market to selling hoverboards on Craigslist.
After failing in seven previous businesses, Amazon FBA was the only one that succeeded. Since January 2017, Tom has generated over $5 million selling physical products on Amazon.
He currently coaches others to build and run their own Amazon businesses through his YouTube channel, digital programs, and monthly private seminars in Vancouver, Canada.
In The Beginning
Tom can’t recall how many businesses he tried to start when he was a child. He has tried it all. None of his business ventures ever worked out.
When Tom first noticed hoverboards spreading on social media in 2015, he reasoned that he could acquire them from China for $300 apiece and sell them for $500 each.
He impulse-bought the products with his last $5000 and bought 15 hoverboards. Ten of them were found to be faulty.
However, Tom met a man who sold things on Amazon due to his hoverboard encounter. They collaborated, and he ended up selling some units on Amazon. That’s when Tom found out how to sell stuff on Amazon Sales and run a real business.
Start Of Amazon FBA
Tom Wang thought Amazon would be another business that he would attempt and fail at. Despite this, he tried.
With Amazon, you have to choose a product and rank it on page one. But the problem was that he had no idea where to look for items or how to prioritize them.
After two disastrous product launches, Tom was prepared to give up. He said, “Ah, Amazon isn’t for me.” However, his girlfriend/business partner refused. “No, let’s give this one another chance,”.
Tom approached a few influential people and asked for their help. They were eager to provide some free training, which drastically transformed my outlook on the game.
FBA Masterclass
In 2019, Tom Wang had the privilege of performing in front of thousands of people in Vancouver. He believes having live events will inspire people to start their own Amazon FBA business!
FBA Masterclass Review
If you plan to focus on your Amazon Company and quit your day job, the FBA masterclass will get you there.
Tom Wang is the one who will teach the course. He also quit his day job to focus on Amazon after the viral launch of his first Amazon product which eventually became his own brand.
Wang’s FBA Masterclass offers expensive courses, but that isn’t always bad. With his courses you’re paying for 320 modules. You’ll also benefit from the help of a seven-figure seller.
Tom Wang discusses how to profit from Amazon Business. What you should know is as follows. Tom teaches a “single product profit system,” as he describes it. In essence, you start with a single product. It costs less than $50. It’s simple.
Tom Wang is investing substantially to reach as many people as possible with his single product profit model.
FBA Masterclass has many programs to suit a variety of aims. The most accessible approach to finding out if you’re a good match for the program is to apply, and their staff will go over your alternatives with you one-on-one.
What’s Inside FBA Masterclass?
Join the FBA Masterclass to Get Your Dream Business.
This all-inclusive tutorial takes you step by step through the process of selling your first successful product. Self-paced training courses, the industry’s active Facebook community, and live coaching sessions will help you reach financial freedom faster.
What Are The Benefits Of Amazon FBA?
Approved members will receive the following:
- Easy-to-follow Amazon training through 200+ courses
- Live expert coaching conversations, Monday to Wednesday with Tom and his team.
- Latest strategies and advanced tactics in new modules daily.
- Direct contact with Tom Wang in the FBA Masterclass Private Facebook Community.
- Level 2 invite-only: a top-secret super-seller group
- Other 7-8-figure earnings Private coaching is available from Amazon sellers.
- VIP visitors, such as multi-million dollar sellers and private equity investors, will get direct access to the event.
What Are The Other Offers Of Tom Wang?
Tom Wang also provides YouTube Videos that are considered free training videos on how the FBA business model and single product profit system work in the Amazon FBA business.
Is Tom Wang A Scam?
So, is Tom Wang a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Amazon FBA Masterclass makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (recurring revenue)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Leasing.
And, unlike with Amazon FBA, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.
Are There Alternatives To Tom Wang?
Yes, there are plenty of eCommerce programs and resources to choose from if you want to pursue this business model. Here are just a few:
What Is My Top Recommendation For Making Money Online In 2024?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Leasing is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.
Why?
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With Amazon FBA, you don’t really own anything. Yes, you technically own the products before you send them into an Amazon warehouse, but that’s it.
You don’t own the sales platform, you don’t own a brand, and you don’t own the customers.
Not to mention, Amazon can literally shut you down at any time if they believe you’ve violated their constantly changing terms of service.
So you’re building a business that could be completely taken away from you in the blink of an eye.
With Digital Leasing, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: As mentioned above, spending 4-5 hours a day prepping and packing products to send to Amazon is a huge time commitment.
Plus, you constantly need to be buying new products if you want to maintain your business. You need to spend even more money if you want to scale up.
With physical products, you’ll always have limits on your time and freedom.
With Digital Leasing, a 100% online business, you never have to worry about that.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with Amazon FBA, you’d have to double your inventory OR your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. Amazon FBA is a decent way to make yourself money, but it doesn’t improve anyone else’s lives.
After all, there’s always someone else selling rubber spatulas and umbrellas. That might be fine in the short term, but in the long run you may feel like you’re missing a purpose.
With Digital Leasing though, you’re actually helping people by solving your clients’ biggest problem…
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like [insert program name] which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.
