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Meet The Youngest Amazon Millionaire

Published on: November 26 2022 by Jordan Welch

Meet The Youngest Amazon Millionaire

Meet The Youngest Amazon Millionaire

startTime durationTime text
00:00:01 00:00:05 this is kenzo he's become a
00:00:03 00:00:08 multi-millionaire at 19 selling products
00:00:05 00:00:08 on amazon
00:00:09 00:00:14 you're making 200 a month
00:00:12 00:00:17 this listing i'm pretty sure gross is
00:00:14 00:00:20 about 550 thousand dollars a month
00:00:17 00:00:21 private porsche gt3 rs a porsche cayman
00:00:20 00:00:24 s
00:00:21 00:00:26 sl 65 i have a ferrari f12 berlinetta so
00:00:24 00:00:30 i flew across the country to his office
00:00:26 00:00:32 to see exactly how he got to this level
00:00:30 00:00:34 all right guys so we made it to kz
00:00:32 00:00:35 international yes man tell us a little
00:00:34 00:00:36 bit about where we're at right now
00:00:35 00:00:38 what's going on right now we're at our
00:00:36 00:00:40 headquarters in huntington beach we got
00:00:38 00:00:41 three units out of this building and
00:00:40 00:00:43 basically this is where it's our
00:00:41 00:00:46 one-stop shop right we do our sourcing
00:00:43 00:00:47 we do our selling we store our products
00:00:46 00:00:49 we prep our products we forward it to
00:00:47 00:00:52 amazon we manage our amazon storefronts
00:00:49 00:00:54 here the whole nine yards so essentially
00:00:52 00:00:55 the business model that we follow when
00:00:54 00:00:58 it comes into regards of selling on
00:00:55 00:00:59 amazon is wholesale fba right so if you
00:00:58 00:01:01 look at some of the products that we
00:00:59 00:01:02 actually have here you'll see a bunch of
00:01:01 00:01:04 different name brand products that
00:01:02 00:01:07 you'll see in your basic big box stores
00:01:04 00:01:08 like target walmart costco all these
00:01:07 00:01:10 brands already spend the millions and
00:01:08 00:01:12 millions of dollars per annum on the
00:01:10 00:01:14 marketing the advertisements and whatnot
00:01:12 00:01:15 and all we need to do is source the
00:01:14 00:01:18 product for a cheaper price and end up
00:01:15 00:01:20 selling it for a higher retail price so
00:01:18 00:01:22 that what this allows us to do is not
00:01:20 00:01:24 run any ads on any of our products
00:01:22 00:01:25 they're all naturally in demand so
00:01:24 00:01:26 literally it's a plug and play business
00:01:25 00:01:28 as long as you could source something
00:01:26 00:01:30 for a cheaper price and sell it for a
00:01:28 00:01:32 higher price that's where your margin is
00:01:30 00:01:33 made and no complications you're not
00:01:32 00:01:34 looking for the next big thing you're
00:01:33 00:01:35 looking for the stuff that already
00:01:34 00:01:37 people are shopping for already are
00:01:35 00:01:38 buying and just figuring out how to
00:01:37 00:01:41 source it for lower and sell for exactly
00:01:38 00:01:42 yeah so basically i i tried private
00:01:41 00:01:44 label i tried building my own brand a
00:01:42 00:01:46 few years back and for me it totally
00:01:44 00:01:48 flopped not saying that if i tried it
00:01:46 00:01:49 now it wouldn't perform but basically
00:01:48 00:01:51 this business model just makes sense
00:01:49 00:01:53 it's one of the oldest businesses out
00:01:51 00:01:55 there i low sell high retail consumer
00:01:53 00:01:57 goods i kind of want to look and go
00:01:55 00:01:58 inside and see how this all operates
00:01:57 00:02:00 maybe you can explain a little bit about
00:01:58 00:02:02 how this all works yeah let's do it
00:02:00 00:02:04 let's do it basically everything on this
00:02:02 00:02:07 side of the section of the warehouse is
00:02:04 00:02:09 basically ready to go out so it's all
00:02:07 00:02:11 already labeled with amazon labels so
00:02:09 00:02:12 basically when amazon freight pulls up
00:02:11 00:02:14 we just take it off the shelves or take
00:02:12 00:02:16 it on the aisle and load it up straight
00:02:14 00:02:19 to the truck so on average we average
00:02:16 00:02:21 about 75 to 100 pilots sending out two
00:02:19 00:02:22 amazon fulfillment centers per week yeah
00:02:21 00:02:24 um so there's somebody watching this
00:02:22 00:02:25 right they're seeing kenzo got the
00:02:24 00:02:28 warehouse you got all this setup there's
00:02:25 00:02:29 no way you started with a warehouse
00:02:28 00:02:32 where were you holding this stuff before
00:02:29 00:02:33 bro uh so at first when i first started
00:02:32 00:02:35 i just had my supplier send my products
00:02:33 00:02:37 directly into an amazon fulfillment
00:02:35 00:02:39 center because with fba amazon pick
00:02:37 00:02:40 packs ships your products stores them
00:02:39 00:02:43 whole nine yards so i was able to
00:02:40 00:02:45 leverage his facility at first but
00:02:43 00:02:46 the thing is when you have someone else
00:02:45 00:02:49 and all these different variables moving
00:02:46 00:02:50 around it's hard at quality control so
00:02:49 00:02:52 then i started picking up products
00:02:50 00:02:53 myself so i used to drive a pickup truck
00:02:52 00:02:55 down here to la because that's where my
00:02:53 00:02:56 vendor was i'd load up the pallets into
00:02:55 00:02:58 the flatbed and i drive back up north
00:02:56 00:03:00 and i was throwing it like on the side
00:02:58 00:03:03 yard of my house and my mom my mom was
00:03:00 00:03:05 always so mad at me yeah so you had like
00:03:03 00:03:06 stacks and stacks of boxes inside of
00:03:05 00:03:08 your house but it would only be like two
00:03:06 00:03:10 pallets at a time so it wasn't anything
00:03:08 00:03:11 too too crazy i actually have a few
00:03:10 00:03:13 videos to be prepping it like yeah we'll
00:03:11 00:03:15 throw some of those up on the screen
00:03:13 00:03:17 some of my college classmates back then
00:03:15 00:03:19 but uh yeah no it hasn't always been
00:03:17 00:03:22 like this and then after a little while
00:03:19 00:03:24 i got my first warehouse down here in
00:03:22 00:03:27 la when i moved down here uh it was
00:03:24 00:03:28 really small like 2 000 square foot um
00:03:27 00:03:30 and yeah we just been growing ever since
00:03:28 00:03:33 but is this your only warehouse that you
00:03:30 00:03:34 have right now no so basically so we
00:03:33 00:03:36 have three units out here in huntington
00:03:34 00:03:38 beach we have a warehouse in miami a
00:03:36 00:03:40 warehouse in houston and then new jersey
00:03:38 00:03:41 is going to be open in november jersey
00:03:40 00:03:43 is probably going to be one of the
00:03:41 00:03:44 biggest ones that one's up so i'm super
00:03:43 00:03:45 excited all right so we're going to take
00:03:44 00:03:47 a look at some of the products now but
00:03:45 00:03:48 what's the first product you started
00:03:47 00:03:50 selling like how did you even get into
00:03:48 00:03:52 all this you know so the first product i
00:03:50 00:03:56 actually sold when i got into wholesale
00:03:52 00:03:58 fba was sharpie markers so i spent 7 500
00:03:56 00:04:00 which was literally everything i had to
00:03:58 00:04:02 my name from drop shipping on ebay and i
00:04:00 00:04:03 bought two pilots of sharpie markers i
00:04:02 00:04:06 drove down to la picked them up brought
00:04:03 00:04:08 them back up to norcal and i flipped
00:04:06 00:04:09 those i did like 25 paying revenue the
00:04:08 00:04:11 fees were a little high so i probably
00:04:09 00:04:14 only profited like four thousand dollars
00:04:11 00:04:15 on it but 4k off of 7 500 investment and
00:04:14 00:04:17 i sold out within like a month because
00:04:15 00:04:19 it was like back to school time about
00:04:17 00:04:20 three years ago i mean so that was sort
00:04:19 00:04:22 of when it clicked for you like this is
00:04:20 00:04:23 what i'm gonna do yeah that's when when
00:04:22 00:04:25 everything started making sense like
00:04:23 00:04:27 that's my first like oh i made an
00:04:25 00:04:29 investment i made a return everything
00:04:27 00:04:30 went smoothly i was like okay i'm ready
00:04:29 00:04:32 to i'm ready to go full force with this
00:04:30 00:04:34 got you so so now i mean let's look at
00:04:32 00:04:35 some of the biggest products you got
00:04:34 00:04:37 going on i mean we see a lot of monitors
00:04:35 00:04:39 as you were saying a lot of electronics
00:04:37 00:04:43 i mean we could start here i mean we i
00:04:39 00:04:45 mean it's it's nothing too too crazy but
00:04:43 00:04:47 the the little items like this like some
00:04:45 00:04:48 literally lip balm yeah these are the
00:04:47 00:04:49 things if you have let's say this
00:04:48 00:04:51 listing is making twenty thousand
00:04:49 00:04:53 dollars a month okay you have ten of
00:04:51 00:04:56 these different products like this
00:04:53 00:04:58 you're making 200 a month so basically
00:04:56 00:04:59 anything from daily products like that
00:04:58 00:05:00 people are always going to have
00:04:59 00:05:02 chocolates who are always going to need
00:05:00 00:05:04 stuff like that to
00:05:02 00:05:06 i mean look at this that's the most
00:05:04 00:05:09 random stuff ever we have some the vegan
00:05:06 00:05:11 chew soup you know i got that for jordan
00:05:09 00:05:12 i need one of these on the way out so
00:05:11 00:05:14 the main thing we really do focus on
00:05:12 00:05:17 electronics these are like handheld
00:05:14 00:05:19 vacuums uh from black and decker how
00:05:17 00:05:21 much would something like this bring you
00:05:19 00:05:23 so this listing i'm pretty sure gross is
00:05:21 00:05:25 about 550 000 a month now it doesn't
00:05:23 00:05:27 mean we're actually producing the whole
00:05:25 00:05:29 550 000 that's just the listing on
00:05:27 00:05:31 amazon so if you actually have the
00:05:29 00:05:34 inventory to back it and you maintain
00:05:31 00:05:36 buy box you could go ahead and do that
00:05:34 00:05:38 but in reality i probably have like half
00:05:36 00:05:39 a month's worth of stok so in reality
00:05:38 00:05:41 only i'm only going to do maybe like 200
00:05:39 00:05:43 250k revenue from right but that's just
00:05:41 00:05:44 from this one product you've got all
00:05:43 00:05:46 these other products as well you have a
00:05:44 00:05:47 bunch of different products in here so
00:05:46 00:05:48 that's the thing it's about diversifying
00:05:47 00:05:51 your portfolio making sure you're
00:05:48 00:05:52 well-rounded but it all starts with that
00:05:51 00:05:54 one first product it all starts with
00:05:52 00:05:56 that one product right for the people
00:05:54 00:05:58 watching they might look at you and see
00:05:56 00:06:00 this and think this is not possible for
00:05:58 00:06:02 them is this a business that anybody
00:06:00 00:06:03 could get involved with yeah honestly
00:06:02 00:06:05 that's what i love about this it's a
00:06:03 00:06:07 business that you're able to really plug
00:06:05 00:06:08 and play the thing is it's not like
00:06:07 00:06:09 private label i'm not here to dog on
00:06:08 00:06:11 private label because it's a great
00:06:09 00:06:13 business model with this if i see that
00:06:11 00:06:16 this product is making 200 000 a month
00:06:13 00:06:18 currently on amazon all i need to do is
00:06:16 00:06:19 source it for a lower price and sell it
00:06:18 00:06:21 for a higher price now don't get me
00:06:19 00:06:23 wrong the more money you have for this
00:06:21 00:06:24 business the better i started with 7 500
00:06:23 00:06:26 which is more than the average person
00:06:24 00:06:29 but i've i've had students start with
00:06:26 00:06:30 500 or a thousand or 2 000 and just as
00:06:29 00:06:32 you get more and more money it becomes
00:06:30 00:06:34 more lucrative more revenue more profit
00:06:32 00:06:36 more expensive gotcha yeah i think
00:06:34 00:06:37 that's some good insight because it is
00:06:36 00:06:38 possible i mean kenzo didn't grow up
00:06:37 00:06:40 rich and we're actually going to tok
00:06:38 00:06:42 about that now i kind of want to go on a
00:06:40 00:06:44 drive in the 720 so we're going to tok
00:06:42 00:06:46 a little bit about his background how he
00:06:44 00:06:48 got started and then we'll call it a day
00:06:46 00:06:49 so let's go for a drive bro let's go all
00:06:48 00:06:51 right let's do it right now we in the
00:06:49 00:06:54 whip what kind of car is this bro
00:06:51 00:06:57 mclaren 720s fighter what was your first
00:06:54 00:06:58 car like what did you start with so my
00:06:57 00:07:00 first car okay so there's there's two
00:06:58 00:07:02 different first cars the first car i
00:07:00 00:07:04 bought and then there's a first car that
00:07:02 00:07:06 i'd use first car i used was a gmc cr
00:07:04 00:07:08 1500 because i was working construction
00:07:06 00:07:09 at the time gotcha so you used to used
00:07:08 00:07:11 to have like a regular job you didn't go
00:07:09 00:07:13 straight into entrepreneurship i mean
00:07:11 00:07:15 okay so i was i wasn't on payroll i was
00:07:13 00:07:17 working for like a family friend like a
00:07:15 00:07:18 friend of my family like construction
00:07:17 00:07:20 companies so
00:07:18 00:07:21 uh that's what i was doing but my first
00:07:20 00:07:24 car that i actually bought with my own
00:07:21 00:07:26 money was a mclaren 650s oh wow and how
00:07:24 00:07:28 old were you when you did that i was 17.
00:07:26 00:07:31 okay so that must mean when you were
00:07:28 00:07:33 what 15 16 you started entrepreneurship
00:07:31 00:07:34 like tok to me about that process
00:07:33 00:07:35 because you didn't just hit a home run
00:07:34 00:07:37 the first try right you had some
00:07:35 00:07:38 failures along the way so
00:07:37 00:07:40 funny story and i actually a lot of
00:07:38 00:07:41 people don't know this about me i
00:07:40 00:07:43 actually got
00:07:41 00:07:46 arrested when i was in seventh grade
00:07:43 00:07:48 yeah uh for paraphernalia so i actually
00:07:46 00:07:50 i was that kid always trying to look to
00:07:48 00:07:51 make an extra buck so i actually got
00:07:50 00:07:54 caught selling vape pens like back in
00:07:51 00:07:55 the day the carts yeah so this was
00:07:54 00:07:58 before like jewels and any of that stuff
00:07:55 00:08:00 so i was selling vapes eighth grade i
00:07:58 00:08:02 was making t-shirts with prints on it so
00:08:00 00:08:04 i was always doing these little side
00:08:02 00:08:05 hustles to make money but first like
00:08:04 00:08:07 actual business i got into was actually
00:08:05 00:08:09 shopify drop shipping got you and that
00:08:07 00:08:11 flopped and i tried shopify wholesale
00:08:09 00:08:13 and i tried building a brand around this
00:08:11 00:08:16 jewelry company and i remember getting
00:08:13 00:08:18 my first sale like 11 p.m in portland
00:08:16 00:08:20 like on some trip with my mom yeah and i
00:08:18 00:08:21 felt you fought yeah but that was
00:08:20 00:08:23 probably one out of like five sales i've
00:08:21 00:08:25 done my time with that company so so
00:08:23 00:08:27 tell me about what that was like i mean
00:08:25 00:08:29 coming up when you were going through
00:08:27 00:08:31 those failures like what kept you going
00:08:29 00:08:32 how did you stay resilient enough to get
00:08:31 00:08:35 to this level i know it wasn't easy bro
00:08:32 00:08:37 i mean i i just saw people like with i
00:08:35 00:08:39 don't know i at first i'm not gonna lie
00:08:37 00:08:41 i started this because i wanted the
00:08:39 00:08:44 exotik cars i wanted the private jets i
00:08:41 00:08:47 wanted a life that was unknown to me um
00:08:44 00:08:48 so that's why i started and just going
00:08:47 00:08:50 through that i just never thought i
00:08:48 00:08:52 couldn't do it right
00:08:50 00:08:53 so when i start something i don't expect
00:08:52 00:08:55 results
00:08:53 00:08:56 i just i just kept hustling and hustling
00:08:55 00:08:58 and i tried this i tried that i saw
00:08:56 00:08:59 people making money a million different
00:08:58 00:09:02 ways so i was like okay you know what
00:08:59 00:09:04 there has to be some way that
00:09:02 00:09:06 i could succeed and i just kept going
00:09:04 00:09:07 and going and you know
00:09:06 00:09:09 there were some losses there were some
00:09:07 00:09:11 low points and
00:09:09 00:09:12 it is what it is you just got to keep
00:09:11 00:09:14 going you know there's light at the end
00:09:12 00:09:16 of the tunnel yeah so what's next for kz
00:09:14 00:09:19 international well right now the next
00:09:16 00:09:20 thing is our warehouse in
00:09:19 00:09:21 new jersey i'd say that's probably our
00:09:20 00:09:23 next big thing now i'm just i'm
00:09:21 00:09:26 basically trying to get
00:09:23 00:09:28 48 warehouses in the lower 48 states
00:09:26 00:09:30 and
00:09:28 00:09:31 after that i mean honestly i think i
00:09:30 00:09:33 might be willing to sell the company if
00:09:31 00:09:35 the bid's high enough so yeah that's
00:09:33 00:09:37 kind of where i'm at with everything
00:09:35 00:09:38 it's inspiring bro for sure i appreciate
00:09:37 00:09:40 it man all right it's been a great day
00:09:38 00:09:42 at the office bro thank you for showing
00:09:40 00:09:44 us around the corner driving the car so
00:09:42 00:09:46 look man one last word of advice for
00:09:44 00:09:47 anybody watching this video old young
00:09:46 00:09:50 trying to get like you what do you got
00:09:47 00:09:52 to tell them man just honestly stay in
00:09:50 00:09:53 your own lane focus on yourself stay on
00:09:52 00:09:55 consistent as long as you make the right
00:09:53 00:09:56 decisions in life and you're consistent
00:09:55 00:09:58 with it your life could change fast it
00:09:56 00:10:00 wasn't too long ago where i was an
00:09:58 00:10:02 average student living an average life
00:10:00 00:10:03 going to school on the weekdays
00:10:02 00:10:06 construction on weekends video games
00:10:03 00:10:08 after school just same stuff different
00:10:06 00:10:09 day right so now we live the life of our
00:10:08 00:10:11 dreams we do what we want when we want
00:10:09 00:10:13 with the people we care about and that's
00:10:11 00:10:14 all that's important in life yeah man
00:10:13 00:10:17 that's real so where can they find you
00:10:14 00:10:18 where are you at uh basically the only
00:10:17 00:10:20 platform i'm really active on as of
00:10:18 00:10:21 right now is instagram so if you guys
00:10:20 00:10:23 want to go ahead and check me out it's
00:10:21 00:10:25 going to be at knzo we'll put it in the
00:10:23 00:10:27 description down below and pop it up on
00:10:25 00:10:29 the screen guys make sure to go follow
00:10:27 00:10:30 kenzo he's always dropping game he would
00:10:29 00:10:32 also lives a crazy lifestyle so you can
00:10:30 00:10:34 check that out as well and man thanks
00:10:32 00:10:37 again bro i really appreciate you man
00:10:34 00:10:37 all right man see you guys later