Hi, I’m Michael Wu. This is Page One Formula, where I talk online businesses.
Have you ever thought about starting your own business?
Are you already a successful entrepreneur in need of fresh ideas?
If so, look no further. At Page One Formula, we specialize in helping entrepreneurs learn and grow their businesses, regardless of their experience or background.
Our story started back in 2015, when I began selling on Amazon. Let’s take a look at how far we’ve come since then.
My online business journey
After I initially began selling on Amazon in 2015, over the years the marketplace underwent a transformation as increasing numbers of sellers entered and competition increased dramatically. In response to the newfound challenge, I took the plunge and started a new brand in 2018 – and witnessed remarkable growth in just a few short years. I’ve gone on to diversify my portfolio into other areas like eCommerce (beyond Amazon), publishing, blogging, agency work, and online courses.
After years of experimentation with different online business models, strategy execution and research development, I have become an 8-Figure Amazon seller and a serial online entrepreneur. I’ve learned the ins and outs of today’s competitive eCommerce market, explored numerous opportunities to optimize profits and developed a range of skills needed to survive in this ever-changing industry.
It has been an exhilarating journey so far and one that I plan on continuing for many years to come.
Past corporate life
Staying in the corporate world for over a decade gave me a unique opportunity to hone my skills, and those experiences ultimately would be incredibly helpful when I finally decided to go the full-time online entrepreneur route.
Although the two industries are vastly different, some of my skills were transferable, such as my expertise in research, analysis, systems building and methodologies from my consulting days as well as gaining an insider perspective of the capital world from my time as VP at a high tech venture capital.
The networks and knowledge I acquired not only made it much smoother for me to transition into truly working for myself, but also acted as a springboard for the success of my new endeavours by helping me find and secure my niche quicker.
Immigrating from Shanghai to Toronto in 2013 was a huge shift in my life. While I was 29 and had a stable job and bright future prospects where I used to live, finding employment in Toronto proved difficult. Despite my adequate qualifications, employers often frowned upon my lack of “local experience” and deemed me “overqualified.” I managed to land the jobs at last, and I really appreciate the people who gave me the opportunities at that time when I needed them most.
It wasn’t easy getting through this part of my life. But it taught me about persistence, which later became my favorite business quote that,
“Nothing in this world can take the place of persistence. Talent won’t; nothing is more common than unsuccessful men with talent. Genius won’t; unrewarded genius is practically a cliché. Education won’t; the world is full of educated fools. Persistence and determination alone are all-powerful.”
Even considering the challenges it presented, immigrating was an unforgettable experience that irrevocably marked my past.
As the journey of life goes on, knowledge is something that should be celebrated. Every day we can pick up something new, and when we share what we learn we grow as people. As they say, knowledge is power!
For me though, I don’t just want to learn; it’s equally important for me to try and find new opportunities. Whether it’s an innovative way of doing something old or a chance to embrace and validate something cutting edge new, I’m open to almost anything if it helps me reach my potential and bring value to people.
We focus on sharing knowledge to help others succeed by providing guidance on what worked for us – from creating multiple income streams to building systems and scaling with teams – there’s something for everyone here!
We believe that knowledge should be shared with other entrepreneurs because it helps create bridges between different fields and gives people access to new opportunities within their industry or beyond it.
At Page One Formula, we care deeply about helping others succeed in business because we know first-hand just how hard it can be when you don’t have anyone who can provide guidance and support along the way. So if you’re looking for ways to get your own business up and running or wanting to explore new ideas for your existing business, join us today! You’re sure to find something useful here that will help you achieve success!
— last update: Feb 27, 2023