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Just One Dime Review (2024 Update): Can Seth Kniep Really Help Your Amazon Business?

By: JosiahDec 08, 2023Amazon FBA
Just One Dime Review ([year] Update): Can Seth Kniep Really Help Your Amazon Business?

Just One Dime is a company founded by Seth Kniep in order to help entrepreneurs fuel the lives of their dreams through Amazon FBA. In particular, Just One Dime's Amazon FBA Mastery course has been touted by Kniep as the best in the business.

But is there more than meets the eye inside his program? And how much does all this cost, anyway?

Let's dive in and find out.

UPDATE: Kniep's company has filed for bankruptcy as of 2022, potentially leaving thousands of customers out of thousands of dollars...we will leave this article as evidence of our warnings.

DISCLAIMER:

This Just One Dime review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • Seth seemed to be doing ok up until his legal troubles
  • Possible to make some money in this industry
CONS
  • Value may not be there for the high price
  • Much stronger alternatives exist
  • The company is now bankrupt

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Just One Dime – like most Amazon FBA programs – wants you to believe you can build and run a successful Amazon FBA business that’s automated, profitable, and generates cash around the clock in less than 90 days…

With just a couple hundred dollars in inventory…

…some say you could even work from the beach.

Living The Beach Lifestyle

Sounds a little too good to be true, huh?

Look, as far as most online businesses go, you could do a lot worse than Amazon FBA.

But does that mean it’s the best solution for you?

That’s what we’ll find out in this Just One Dime review.

The biggest things you have to consider here are:

  • Inventory Management
  • Product Selection
  • Time to Profit

While you can make good money with Amazon FBA, it’s not as easy or simple as most course creators make it sound. Let’s break these 3 down real fast:

1) Inventory Management: If you’re doing an FBA business, the promise is that you don’t need to worry at all about inventory, because Amazon takes care of packing, shipping, customer service, etc.

However, you still need to get products to Amazon. And Amazon has very strict rules all Amazon sellers have to follow when preparing products for their warehouses.

This includes packaging, labeling, and registering products in their system. If you’re preparing all products yourself, you’ll spend a TON of time on this step (potentially 4-5 hours a day). So if you’re looking for a passive, automated business that runs itself, this might not be the best fit.

Now, yes, you can hire an Amazon prep center to do all this for you, but that eats into your margins. And remember that Amazon takes around 30-40% in fees for using the FBA program, so your profits are pretty tight to begin with.

2) Product Selection: E-commerce is a cyclical business. “Hot” products are always going in and out of fashion, which means, as an Amazon seller, you constantly need to be on the lookout for the next big thing.

That means monitoring trends, searching for products that might be popular down the line, and constantly in a rat race to – essentially – predict the future.

Sure, you can play in the evergreen market (things people always do google searches on because they need and buy), but how much profit margin are you really going to get on meal prep containers, rubber spatulas, and golf umbrellas? Especially when there are hundreds of thousands of other sellers all swimming in that same ocean.

And because you’re constantly hunting for new hot products to sell, that takes up all the valuable time you could be using to travel, explore, read, surf, hike, or whatever else.

3) Time To Profit: Now, this isn’t the slowest turnaround time, but if you think you can put a dollar into inventory today and come out with two tomorrow, you’re sadly mistaken. From the time you first buy products to sell, you could be looking at anywhere from 4-12 weeks before you see a dollar come back.

And it could take twice as long before you break even.

Now, that’s not terrible, but what if you could start building a different (non-Amazon) income stream today, and see your first profits tomorrow?

What if you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Inventory
  • Low margins
  • Constantly looking for the next hot product

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day packing, prepping, and researching?

If that sounds like something you’d be interested in, check out Digital Leasing.

TESTIMONIAL - Still Getting Paid

However, if you’d still like to know more about Just One Dime, keep reading.

What Is Just One Dime?

just one dime what is it course program

Just One Dime Review is an Amazon FBA program produced by Seth Kniep and his staff that is popular within the E-commerce space.

It has often been advertised on YouTube.

Seth Kniep is famous for quitting his full-time job and turning “one dime” straight into $ 1,347,318 with his adventures as an eCommerce business owner.

Recently, Seth Kniep launched a brand new program called Amazon FBA Mastery, which is basically more of the same idea.

The company is infamous for its Done For You services, which require high investment – but you will supposedly barely have to work to get a big financial return on it.

Who Is Seth Kniep?

who is seth kniep

Seth Kniep is a former Apple employee from California. He was on a great path at Apple but was tired of the monotonous 9 to 5 job. As a result, he chose to leave and painted “Live Like No One Else” on the wall of his office.

Seth then told his wife that he was going to build a new life for the family.

Seth continued to start eBay and eCommerce businesses with not much success before landing on Amazon.

After generating $500,000 in six months on Amazon, he proceeded to reach highs of more than $300,000 in monthly cash flow. According to Seth Kniep, this type of business alone gave him $3.5 million a year.

Seth later jumped into digital products and started selling Amazon FBA courses to the people by using his YouTube channel.

Seth Kniep later developed the Just One Dime – or JOD – along the way.

What’s Inside Just One Dime?

amazon fba mastery just one dime

Just One Dime’s course – Amazon FBA Mastery – splits into five modules for easy digestibility.

Seth Kniep set the modules in dripped released, meaning you can’t go to the next until you finish the first module before it. The modules are in video format.

Read on as we share what we found in the training videos of Just One Dime Amazon FBA Mastery.

Module 1: Establish Your Business And Brand

This part of the course will teach people how to strategize an Amazon brand, set up your Amazon Store, open Amazon account, establish supplier accounts, and the accounting side of the business.

Module 2: Master The Market

In this module, the course concentrates on product research and product hunt. You will also learn how to evaluate your research data and differentiate your product.

Module 3: Manufacture Your Product

You will learn how to find and negotiate with suppliers in this part of the course. In addition, this module in the Just One Dime course will help you build your differentiated product, set up shipping, inspections, and payments, put up your Amazon listing and ship your product to Amazon.

Module 4: Launch Your Brand

This module will teach you tip and tricks on how to do the following:

  • Amazon giveaways
  • Seller sequences
  • Generate organic reviews
  • Launch with PPC
  • Analyze PPC
  • Improve your listings’ ranking through PPC
  • Facebook ads

Module 5: Expand Your Reach

This part of the Just One Dime course will teach you how to optimize sales, as well as protect your brand. It will also help you how to deliver excellent customer service and expand your brand eventually.

Concerns

Getting into Amazon FBA is actually a good way to make passive income. After you’ve set it up, you can quickly re-order them from your already established suppliers to promote on a highly converting listing on Amazon, the world’s most popular and busiest platform.

But actually getting to that point is crazy difficult. Couple that with the fact new rules and random suspensions are served out every day….

Even if you’re at the top, it doesn’t guarantee you’ll stay there. You could LOSE EVERYTHING overnight.

You can certainly make money with Amazon FBA, but if you’re gonna put in the amount of grueling work to become an Amazon Seller (which, trust me, isn’t easy), you might as well bring in some REAL money.

But you don’t have to take our word for it – let’s hear from some of JOD’s customers…

What Does The Internet Have To Say?

What Does The Internet Have To Say

Let’s hear the voice of the people:

“I was Robbed. And I can’t do anything about it.

Back in 2021, my wife and I had a little bit of money to invest and I came across JOD. I was promised to see my money back within 6-12 months. I gave them the 30k to get everything started and a year down the road got an email saying they were filing for bankruptcy.

I won’t see that money that I worked hard for. I don’t have an Amazon store. I don’t have anything. They robbed me and I feel so foolish for falling for it. I hope that the feds step in and credit all the buyers just like they did with Silicon Valley Bank. Other than that, I hope justice gets served and Seth goes to jail.”

Not good. Let’s read one more.

“Just one Dime… Fraudsters & Scammers

Just one Dime scammed us $34k they promised us a profitable Amazon store since June 2020, and fast forward to Dec 2022 still no product launched. Seth Kniep and all of his associates are fraudsters and compulsive liars. STAY AWAY FROM THIS COMPANY AND FROM THESE PEOPLE.

They will take everything you have earned. Protect yourself and your family from these corrupt people.”

Is Just One Dime A Scam?

Scam or Legit

So, is Just One Dime a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Seth Kniep makes it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (recurring revenue)?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing. 

And, unlike with Amazon FBA, you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - Saying Goodbye To Our Jobs

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

How Much Does Just One Dime Cost?

how much does just one dime cost

It appears that Just One Dime can set you back tens of thousands of dollars – the most common figures quoted by his students/customers seem to be somewhere between $30,000 and $38,000.

You may need to spend another $30,000 on inventory, doubling your original investment in the program.

One former investor said they spent upwards of $50,000 on Just One Dime, with no results.

Be very careful when paying this much for any course – it really needs proven value if you’re going to risk so much investment.

Always search for stronger alternatives.

Just One Dime Refund Policy

just one dime refund policy

Just One Dime generally carries a no-refund policy, although they will occasionally make exceptions for anything that is advertised as having a 14-day guarantee.

Even then, be wary, as many of these sites will try to delay their email responses until the 14 days are up – leaving you with nothing!

Are There Any Alternatives To Just One Dime?

alternatives

Yes, there are plenty of other business models to choose from if you want to pursue this making money online.  Here are just a few:

What Is My #1 Recommendation For Making Money Online In 2024?

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

TESTIMONIAL - JUMP ALL IN

2) You Own & Control EVERYTHING: With Amazon FBA, you don’t really own anything. Yes, you technically own the products before you send them into an Amazon warehouse, but that’s it.

You don’t own the sales platform, you don’t own a brand, and you don’t own the customers.

Not to mention, Amazon can literally shut you down at any time if they believe you’ve violated their constantly changing terms of service.

So you’re building a business that could be completely taken away from you in the blink of an eye.

With Digital Leasing, you own the assets, which means you have all the power and all the control.

TESTIMONIAL - Feeling Blessed

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront.

Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - Lance Lead Gen

4) No Inventory: As mentioned above, spending 4-5 hours a day prepping and packing products to send to Amazon is a huge time commitment.

Plus, you constantly need to be buying new products if you want to maintain your business. You need to spend even more money if you want to scale up.

With physical products, you’ll always have limits on your time and freedom.

With Digital Leasing, a 100% online business, you never have to worry about that.

TESTIMONIAL - Scott Lead Gen

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with Amazon FBA, you’d have to double your inventory OR your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - Done Deal

6) Make Money Helping Real People: This part is what makes it all worth it. Amazon FBA is a decent way to make yourself money, but it doesn’t improve anyone else’s lives.

After all, there’s always someone else selling rubber spatulas and umbrellas. That might be fine in the short term, but in the long run you may feel like you’re missing a purpose.

With Digital Leasing though, you’re actually helping people by solving your clients’ biggest problem...

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Just One Dime which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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