Amazon Offering $10K to Help Employees Quit to Start Delivery Own Businesses

This is part of a year old Amazon program…… Seems too good to be true.

Multiple links on this story………..The first linked article is from last July the second linked article is from today via the Chicago Tribune as is the third from USA Today.

source: CBS News (July 2, 2018)

If you’ve always dreamed of starting your own business, Amazon (AMZN) has a deal for you. But you may want to think twice before you accept it.

In an effort to ensure the Seattle-based company can make good on its increasingly demanding product delivery schedule, Amazon is offering to help set you up in the delivery business.

With an initial investment of as little as $10,000, the company says it can get you leased vans, insurance, gas cards and training to launch your own delivery fleet. The site also promises to be your first – and, possibly, only – customer. A delivery fleet owner with 20 to 40 vans can potentially earn $300,000 a year, Amazon says.

“Individual owners can build their business knowing they will have delivery volume from Amazon, access to the company’s sophisticated delivery technology, hands-on training, and discounts on a suite of assets and services, including vehicle leases and comprehensive insurance,”

Amazon Press Release

The catch? There’s no guarantee that you’ll make a $300,000 profit – or any profit, for that matter. In fact, you may be able to earn more on an hourly basis by simply delivering packages on your own, without investing the time and money required to start your own enterprise.

Sounds interesting….Right?

Calamity Jane