[Top Ecommerce Series] Tips for Building a Profitable Amazon Business With Andrew Wu & Chad Friesen
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Andrew Wu is the Brand Director and Co-founder of Hive Invest, a company dedicated to assisting individuals lacking prior e-commerce experience in establishing highly profitable Amazon brands. With a wealth of knowledge spanning two decades, he has honed his expertise in e-commerce, start-up development, real estate branding, marketing, investment strategies, partnership building, and business expansion. Andrew's track record includes the successful establishment of over six businesses across diverse niches, providing him with the operational experience necessary to drive the growth of Hive Invest.  Chad Friesen is the CEO and Co-founder of Hive Invest, who transitioned from telecommunication operations to the entrepreneurial world of e-commerce. With an extensive three-decade tenure in business, he brings a wealth of experience encompassing entrepreneurial endeavors and corporate leadership. Chad has played pivotal roles in various industries, engaging in activities such as capital procurement and board of directors participation for emerging ventures. His passion for e-commerce compelled him to establish a lucrative FBA store with Hive, culminating in his integration into the team. In this episode… Most people have ambitious e-commerce ideas that they would want to turn into profitable brands on Amazon. However, navigating the challenging terrain of online retail can be daunting. So, could there be a surefire method to navigate these treacherous waters? Successful e-commerce entrepreneurs Andrew Wu and Chad Friesen delve into the intricacies of starting and scaling an Amazon business. Sharing their unique approach to Amazon entrepreneurship, Andrew and Chad reveal why Hive Invest is more of an incubator than an aggregator, helping to build brands from the ground up. They discuss the importance of proper product selection, marketing investment, and avoiding common pitfalls. By offering their partnership model, they explain how they equip entrepreneurs with the tools, knowledge, and strategies necessary to thrive in the competitive world of online retail. In this episode of Inspired Insider Podcast, host Dr. Jeremy Weisz interviews Andrew Wu and Chad Friesen, Co-founders of Hive Invest, about building profitable Amazon businesses. They discuss the inception of Hive Invest, the support it provides to budding Amazon brands, its investment and profit-sharing structure, and how to avoid the common pitfalls in product selection for Amazon businesses.
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