Amazon is $3 million in debt! Should I sell my house to continue?

This year's Membership Day seemed to have very few sellers with explosive sales, but many sellers were just running behind. The situation on Membership Day was also a concentrated reflection of the current market environment - it is difficult to make money on Amazon!

Previously, there were many rumors that Amazon sellers were selling houses in Shenzhen Bay. That might have been just a joke; but there are many people who sell houses for Amazon.

Recently, a seller posted a message saying: I have already lost 3 million and am hesitating whether to sell the house and continue?

It is understood that the seller made a fortune when he started working alone and bought a house in Wuhan with full payment. However, due to the epidemic in the past two years, he has lost the only 1 million yuan he had, and he also borrowed 2 million yuan from the bank...

Now the company is bankrupt, and the 2 million yuan in the bank has to be repaid. The only asset left is a house in Wuhan. He said: If I don't sell the house to make up for the loss, I will find no way out!

In fact, "Should I sell my house and start Amazon?" has been a topic that has been discussed for a long time.

Amazon’s dividends have long faded. Whether due to environmental influences or business strategies, it seems that more and more people are facing a bleak exit!

When it comes to whether or not to sell their houses to start an Amazon business, most sellers hold conservative opinions.

What I want to say is that before this post was published, the poster may have already had his own answer in his mind, but just needed more opinions to help him prepare himself mentally.

However, in today's market environment, you need to think twice before selling your house to start Amazon. If you make a mistake in policy compliance or logistics supply chain, it will be difficult for the poster to retreat.

In fact, for most people, doing Amazon is to buy a house, and selling a house to do Amazon is a bit of a reversal of priorities. To borrow the point of view of a seller: the goal of life is sometimes to make fewer mistakes. Let's encourage each other!