During the pandemic, hundreds of thousands of businesses were permanently altered or shut down and were never able to recover. Countless restaurants, event planning agencies, service companies, and more were shut down as people’s lives were drastically altered.
Staying at home and doing things remotely went from being a fringe practice to the norm for America and many countries around the world, and the speed and scope of this change was very tough to overcome.
Unless you’re Amazon or Wal-Mart e-commerce, in which case you grew stratospherically to accommodate the needs of people who were stuck inside their houses and had no way otherwise to get what they needed.
Wal-Mart has always been a giant, but has quickly risen to become the largest company in the world and one of the most successful and fast growing companies in history, competing with Apple, Amazon, and many other mythical titans of business. But unlike Apple, Wal-Mart has created an entirely new lane for e-commerce which gives people the ability to become successful entrepreneurs themselves.
And one man has absolutely dominated the space of helping people grow their e-commerce platforms.
Ericq Walsh, the owner of the Genius Academy and Genius Academy Automation, generates passive income for his clients through e-commerce business on digital marketplaces like Amazon and Walmart.com. This passive income is used for a variety of purposes, changing the lives of clients in multiple ways.
One of the most common things that passive income goes towards is college debt. Walsh’s business and business tips helped clear the debt of multiple clients, and as he expands his reach, he hopes to help many others pay off long-time charges.
“My team and I start by assisting you with creating a legitimate LLC for our clients,” he explains. “Once the paperwork is in order, we go online to Amazon Seller Central and Walmart, and we set up your seller accounts. The fun part, of course, is deciding what you will sell. We’re very careful about this since what we choose for you can make or break your company. We look for those products that consistently sell well.”
Walsh remembers one specific example where a client owed tens of thousands of dollars in college debt. Through the Genius Academy, they were able to build up an e-commerce portfolio that was able to take that debt head on, a once unimaginable situation.
“He was $70,000 in debt,” Eric explained. “He came to me for advice on how to pay it off faster. He was already working fifty hours a week and had a young family, so he really couldn’t take on yet another job. I told him about passive income, and we discussed different options. He didn’t want to do real estate because he didn’t have time to maintain any properties.
He wanted something very simple that could consistently generate profits, so I asked him to consider letting me start an ecommerce company for him. That made sense to him, and we got started. Within a few months, he was earning passive income that he used to pay off his school loans faster.”
Eric’s ecommerce journey began when he left college at age 21 to start his first business: a simple cell phone case kiosk at the mall. Within a few years, Eric’s company had grown to fifteen storefronts across Northeastern America. Even after becoming a Papa John’s franchisee (and managing several other fruitful investments), Eric’s biggest breakthrough came after he began selling products on Amazon in 2013. In just a few years, he was able to turn $1,000 worth of products into a thriving seven-figure business.
Having achieved financial independence, Eric wants to share his life-changing path to success with as many others as he can. Through his Genius Academy companies, he shares everything he’s learned about ecommerce and entrepreneurship with his clients so that they may meet (and exceed) their own financial goals. Eric wants to inspire and guide his clients to explore the enormous possibilities of the blooming ecommerce space.
“Ecommerce has the opportunity to create generational wealth,” Eric explains. “This is especially true now because of COVID-19, which put Amazon’s sales growth probably 3-5 years ahead of what they were projected to do years from now. The pandemic forced even more people to get comfortable shopping online.
Many people think the market is too saturated, especially when it comes to selling on Amazon, and that is just the furthest thing from the truth.”
With the average college debt now well over $30,000, many younger people are looking for a way out of debt fast. The Genius Academy and the Genius Academy Automation offer the potential fast-track they’re looking for and more.
In Walsh’s eyes, earnings don’t just stop at enough to pay off debt. Generational wealth can be produced with the Academy’s teachings applied correctly as the digital marketplace offers more and more money to be made for businesses big and small.
Entrepreneurship is more within reach than ever before.
Eric Walsh is always happy to provide value any way he can.
To get to know him, check him out on Instagram @askericwalsh and give him a follow. Networking with Eric is a great way to learn more about e-commerce and the rewards of passive income.