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Eric Walsh, the owner of Genius Academy Automation, which generates passive income for its clients, remembers one of his first clients, a college graduate who was struggling to pay off his school loans. “He was $70,000 in debt,” Eric says, shaking his head. “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 has helped many clients strengthen their savings for college. “My team and I start by assisting you with creating a legitimate LLC for our clients. 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.”
Once the client’s listings are created and optimized, Eric’s team handles order fulfillment. “Amazon collects the payments into your Seller account. Disbursements are then deposited to an account of your choice. We ship the orders and handle all the customer service and every single aspect of the business from A-Z. The client provides the capital to fund the business, and we will turn that capital into profits.”
For those who want to do things themselves and be more hands on, Eric has a digital masterclass called the Genius Academy, which shows clients exactly how he built a seven-figure ecommerce business. “It will fasttrack you with all the tips, tricks, and do’s and don’ts that I spent eight years learning and literally tens of thousands of dollars perfecting. When you partner with a proven expert like me, you can feel confident that I am putting your hard-earned money to work for you.”
Eric’s understanding of entrepreneurship and ecommerce began when he dropped out of college at 21 to start his first business, selling cell phone cases at a kiosk in a mall. He grew his company to fifteen brick and mortar storefronts across Connecticut, New York, and New Jersey.
Eric went on to become a Papa John’s franchisee and to have other real estate and various investments. He says that his biggest breakthrough was when he began to sell on Amazon in 2013. “It all started with investing less than $1,000 in products; this later turned into a multiple seven-figure business on Amazon.”
Eric has now achieved financial freedom and shares everything he has learned about becoming successful in ecommerce. Through his company, he aims to impact as many lives as he possibly can and inspire them to begin to make money in ecommerce. Not doing so, he states, is simply foolish.
“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. Too many people doubt themselves and even underestimate just how big the population actually is and how much people spend money on things they absolutely do not need. If you are going to sell online, why wouldn’t you sell on a marketplace like Amazon, where literally millions and millions of people whip out their credit card to shop everyday?”
Eric says that entrepreneurship requires a lot of sacrifice and time, two things that many working people don’t have. “That’s why earning passive income by allowing us to sell for you on Amazon Central Seller or Walmart is so effective. We sacrifice our time so that you can earn money. We are obsessed about the little details that will grow your business.”
As the client’s business grows, Eric states, their ability to save for college increases. “It’s gradual, of course. Business is business, and nothing ever happens overnight. However, because we are consistent, you will see more passive income.”
With the average college debt being $32,000, it’s not hard to understand why generating passive income is a viable, attractive option for university students. “Instead of carrying around a loan for years, if not decades, to come, you can pay it off faster or perhaps never even have it to begin with,” says Eric. “It means that when you graduate, you will be free to start your life without anything holding you back financially. That is true freedom.”
