Another one of those earns money online schemes revolves around selling a stale course that claims to make you money by selling shoddy Chinese goods.
But, hey, if you’re willing to stake your life savings on a business model that Chinese wholesalers recently demolished…
Then, by all means, don’t let us stop you from making another blunder that your parents will scold you for.
It’s meant to show you how to become an Amazon FBA king of six figures…
However, it’s actually out of reach for most individuals, including you, who are bound by budgets and student loans.
That’s the truth…chasing the next hot thing that only lasts three months won’t make you rich.
Check out our #1 recommendation here if you want to get rich online (at an average of $1,500 per sale PER MONTH).
And, because I have to be honest for this review…
Just One Dime is pretty similar to most other FBA programs. They pitch you on the “dream” of running a profitable e-commerce business that can generate cash while you sleep.
All without having to invest much money upfront into things like inventory & advertising…
Too good to be true?
Not necessarily – Amazon FBA programs have certainly minted a few online millionaires.
It was actually one of the first online business models I made money with.
So as far as making money online goes, there are A LOT worse things you could be doing than Amazon FBA.
That being said, you shouldn’t start a business because “it’s not as bad” as some other type of business – it needs to stand on its own merits.
Choosing between the lesser of two evils always results in, ya know – evil.
So in this Just One Dime review, we’re going to break down exactly who FBA is good for, and who should avoid it.
There are a few important things you need to keep in mind when considering FBA as a business:
- Finding winning products
- Time (the most valuable thing of all)
Again, it’s 100% possible to make legitimate money with FBA, but it is NOT a simple business.
Let’s talk about why:
Operations: The big pitch with FBA is that you don’t really need to do much, because Amazon handles all the heavy lifting (shipping, packing, returns, etc).
That’s cool and all, except for the fact that Amazon actually has incredibly strict guidelines that you need to follow to even be able to ship out of their warehouses – something most programs don’t tell you about in their awesome marketing materials.
This process typically takes a solid 4-5 hours alone. So unless you have a very large team, this step is going to take up a lot of your time.
That doesn’t mean FBA is bad – it just means you need to know what you’re getting into. A “passive income business” isn’t what you’re going to get with Just One Dime.
Some courses will teach you how to outsource all of this prep to another company, but that eats into your margins significantly. Amazon is already taking 30-40% just for being part of the FBA program, so you don’t exactly have a lot of wiggle room.
Finding winning products: “Hot” products are typically only popular for a few glorious months, and then they fall off. Again, that doesn’t make FBA a bad business – it just means you need to be constantly on the lookout for the next hot thing.
If you have a supplier that you’re on really good terms with, sometimes they’ll drop you hints and tell you what’s about to trend. But this won’t happen until you have a history of making 6-figures with one another.
What this really means is that you need to be innovative and detail-oriented when it comes to staying on top of trends. You want to be the first one to the product, not the last one struggling to turn a profit off of the big-dog’s leftovers.
There’s always the option of serving the “evergreen” markets that have always been around, but to that I say: Good Luck selling meal prep containers against the Tupperwares of the world.
So – we can safely add-on another 3-4 hours worth of time each day trying to hunt for hot products.
Time: Despite what any Amazon FBA course seller tries to tell you, when it comes to FBA (or any e-commerce business model), you’re looking at about 3 months of serious trial, error, & testing before even making $1 back.
It could easily take 6 months or more before you’re even at break even.
And this all assumes you’re actually getting it right out of the gate, which isn’t impossible with a good program – but it’s not necessarily the norm.
To be honest, it’s not uncommon to operate at a LOSS for the first year of any new business, so I’m not bashing FBA here – I’m just talking facts based on my own personal experience selling on Amazon.
But what if you could build a different (non FBA) income stream, and start seeing profits within your first few days?
I’m talking about a system that doesn’t have:
- Crappy margins
- A 12-month wait time before you turn a profit
- A continuous guessing-wheel trying to find “hot products”
Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it?
If that sounds interesting, you might want to think about using the Digital Rental Method.
If you wanna see what Just One Dime looks like on the inside, keep reading.
What Is Just One Dime?
The Just One Dime is divided into five modules for ease of comprehension. Seth Kniep made the modules dripped published, which means you can’t move on to the next one until you’ve finished the one before it. The modules are video-based.
Continue reading to learn what I discovered in the Just One Dime course’s training videos.
Module 1: Create A Business And A Brand
This course section will teach students how to build your own brand, start your own business, open an Amazon account, set up supplier accounts, and handle the bookkeeping side of things.
Module 2: Market Mastery
The training focuses on product research and product hunting in this module. You’ll also learn how to assess your research findings and distinguish your goods.
Module 3: Develop Your Product
This section of the course will teach you to locate and negotiate with suppliers. Furthermore, this module of the Just One Dime FBA Mastery course will assist you with developing your differentiated product, setting up shipping, inspections, and payments, creating an Amazon listing, and shipping your product to Amazon.
Module 4: Launch Your Brand
This module will teach you how to do the following things with tips and tricks:
- Giveaways on Amazon
- Sequences of the seller
- Obtain organic feedback
- Launch with PPC
- Analyze PPC
- PPC can help you improve the rating of your listings
- Advertisements on Facebook
Module 5: Broaden Your Horizons
This section of the Just One Dime Amazon FBA Mastery course will show you how to improve sales and brand protection. It will also teach you how to provide exceptional customer service and develop your business in the long run.
How much does Amazon FBA Mastery on a dime cost?
Just One Dime offers three levels of Amazon FBA Mastery training. Here’s how they differ.
Tier 1 ($997 for access to the online course only)
Tier 1 is a one-time fee that grants you access to their world-class online course. This course comprises five parts that will teach you all you need to know about selling on Amazon. This is the course’s basic level or entry-level for the budget-conscious learner. It’s still excellent because they update the course with new stuff regularly.
Tier 2 (for $97, you get access to an online course as well as a bonus).
Tier 2 also includes a one-time purchase that grants you access to their world-class online course, plus there’s more. These are the extra items you’ll obtain in Tier 2 if you pay an extra thousand dollars. It’s a highly customized and comprehensive training program specifically geared to you, the student. It boosts your chances of success.
- One and a half hours of personalized mentoring with an Amazon expert coach.
- Weekly interactive sessions in real-time.
- There are almost 200 unique training videos available.
- On this trip, you will be accompanied and encouraged by the Amazon seller community.
- To answer the challenging questions, mentor coaches are needed.
- There are 500+ unique training slides available.
- Every training includes interactive quizzes.
- Step-by-step instruction on how to start a legal practice properly.
- Seven techniques for locating high-potential items.
- To discover products, you’ll need proprietary training. No one is selling. Therefore shoppers are looking.
- 23 unique pieces of training to help you grow your business and brand.
Tier 3 ($3997 for access to an online course plus a bonus and a product)
Tier 3, the mother of all levels, is the highest tier available. You will also receive the following in addition to the online course and bonus that you will receive from Tier 2:
- Five and a half hours of personalized mentoring with an Amazon expert coach
- Suppliers who have been hand-picked to help you create your goods
- Only three well-researched product ideas will be offered to you.
As you can see, this tier provides you with personalized attention and focus on building your successful Amazon FBA Business. Having Just One Dime bring you product ideas and suppliers can be a tremendous value add that more than compensates for the extra expense.
Who Is Seth Kniep?
Former Apple employee Seth Kniep is based in California. He was on a career path at Apple, but he was sick of the 9-to-5 grind. As a result, he decided to leave and painted “Live Like No One Else” on his office wall. Seth then told his wife that he would start again with his family.
Before arriving on Amazon, Seth tried unsuccessfully to build eBay and other ecommerce business.
He made more than $300,000 per month after making $500,000 in six months on Amazon business . This type of business alone, according to Seth Kniep, brought in $3.5 million every year.
Seth eventually moved into digital products, using his YouTube channel to sell Amazon FBA classes to the public. Seth Kniep invented the JOD (Just One Dime) along the process.
How Does Just One Dime Work?
Scammers are increasingly focusing their efforts on FBA due to its lucrative properties. These businesses promote FBA as a get-rich-quick scheme that everyone can learn and benefit from.
However, this isn’t the case with Just One Dime. And the company’s CEO is acutely aware of this. JOD, on the other hand, maybe the only program that offers 3 to 4 hours of live seminars every week, as well as 200+ educational videos and one-on-one private mentorship sessions.
I believe it’s safe to say that, given the nature of Just One Dime, you would be required to devote sufficient time and effort to learning—precisely as it should be.
Can I Get Passive Income From Just One Dime?
Getting into Amazon FBA is an excellent method to earn money while you sleep. After you’ve put it up, you can immediately re-purchase them from your existing suppliers to market them on Amazon, the world’s most popular and busiest platform.
However, getting to that stage is difficult. Add to it the fact that new rules and suspensions are handed out daily….
Even if you are at the top, there is no assurance that you will remain there. Everything you own could be taken away from you in an instant.
You can certainly earn money with Amazon FBA, but if you’re going to put in the effort to become an Amazon Seller (which isn’t simple), you might as well make some serious cash.
Some of the same optimization skills are taught in the curriculum that helped me grow my online business to $40,000+ per month, but it shows you how to monetize them in a much, much more successful way.
What I Think Of Just One Dime
Just One Dime, as Seth Kniep puts it, is for people who are serious about getting their hands dirty and working relentlessly to achieve their goals by selling on Amazon under their brand, or in other words, developing a brand.
He compares this revenue stream to planting a tree, which may not save the environment immediately if you put in the work, but if you keep watering the money tree, it will produce fruits that will pay off for the rest of your life.
It’s a huge plus that Seth doesn’t teach the black-hat tactics that some instructors are so proud of because they’re just not sustainable in the long run and can get your Amazon account blocklisted. Why would you want to take such a chance?
Just One Dime is a jam-packed course (nearly 100 videos in all, updated weekly) with a wealth of helpful information.
It’s great for newcomers who are just learning about Amazon FBA and those who are currently doing private labeling.
Is Just One Dime A Scam?
Time for the million-dollar question: is Just One Dime a scam?
No, it’s not a “scam”, technically speaking. They aren’t going to take your money and run away leaving you empty handed.
You can make money with the program, but not nearly as easily as Seth Kniep wants you to think it is.
As with most FBA businesses, there is A LOT of work that needs to be done up-front, and there is really no guarantee of you being successful.
You’ll need to get very lucky and find an awesome product no one’s heard of, and then pump a ton of volume into it while it lasts.
Don’t get me wrong, I’m a big proponent of front-loading work now, so that you can make money later and sip out of coconuts on the beach.
But if I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of using the Digital Rental Method).
Unlike Amazon FBA, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Rental Method that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper-van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, using the Digital Rental Method might be for you!
Can You Make Money With Amazon FBA?
You can certainly earn money with Amazon FBA, but if you’re going to put in the time and effort to become an expert in online selling (which isn’t simple), you might as well make some serious cash.
Some of the same skills are taught in the curriculum that helped me grow my online business to $40,000+ per month, but it shows you how to monetize them in a much, much more successful way.
Is Amazon FBA A Good Business Model For Me?
You have a lot of alternatives when it comes to starting a business.
Even if you’re dead set on becoming a digital entrepreneur, there are far better alternatives to Just One Dime.
Read Our In Depth Breakdown Of The Top 5 Amazon FBAOpp Courses For 2024
Keep in mind that I am not compensated to promote the programs I evaluate. Just One Dime is a brilliant business strategy, in my opinion. However, you might be leaving a lot of money on the table by going with this method.
What Is My Top Recommendation For Making Money Online In 2024?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet-bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, using the Digital Rental Method is for you.
1)Time: If you’ve got a spare hour-or-two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) Ownership & Control: With Amazon FBA, you don’t technically own the customer base.
Amazon could literally shut you down overnight. They have a history of kicking suppliers off their platform, or stopping payouts to affiliates for certain products once they’ve built their own.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
With the Digital Rental Method, you literally own all of the assets, which means you have ultimate control.
3) Big Margins: With FBA, you’re often going to have really slim margins. That means you need to hit a serious scale to make serious money. This usually entails spending A LOT of money on ads and other methods for growing traffic to your product.
using the Digital Rental Method, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
4) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with Amazon FBA, you would need to sell twice as much inventory, or double your profit margins. And I can guarantee you (from my fidget-spinner FBA days), that’s a lot harder than a few clicks & a phone call.
5) You’re Helping REAL People: My biggest gripe with FBA is that you’re basically only helping yourself. The world doesn’t need another B.S. gadget to consume.
It’s cool in the short term to make a quick buck, but in the long-term, it gets really old, really fast.
But With the Digital Rental Method, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If we can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
We’re not helping Jeff Bezos shoot another rocket into space – you’re helping a struggling mother or father put FOOD on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other FBA programs like Just One Dime which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.