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Home»Business»Inside Million Greenback Sellers, a neighborhood of 700 Amazon sellers doing 7-figures in annual income
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Inside Million Greenback Sellers, a neighborhood of 700 Amazon sellers doing 7-figures in annual income

VernoNewsBy VernoNewsJuly 9, 2025No Comments6 Mins Read
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Inside Million Greenback Sellers, a neighborhood of 700 Amazon sellers doing 7-figures in annual income
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Million Greenback Sellers is an e-commerce entrepreneur neighborhood with 700 members and 15 chapters worldwide.Courtesy of MDS
  • Million Greenback Sellers is a neighborhood of high-performing e-commerce entrepreneurs.

  • MDS began as a Fb group for sellers with $10,000 month-to-month income. The brink is now $1 million yearly.

  • There are 700 vetted members worldwide who should full an utility and interview to affix.

Strolling right into a Million Greenback Sellers occasion is like entering into the pit of a rock live performance. It is loud, it is electrical, and it is a bit of chaotic.

“Consider it like a household reunion, the place you are truly excited to see all people there,” the COO of the neighborhood, Eugene Khayman, advised Enterprise Insider. “It is very high-energy.”

Million Greenback Sellers, or MDS, consists of Amazon sellers and e-commerce entrepreneurs who herald at the least $1 million in annual income. Occasions — by which neighborhood members join in particular person, commerce concepts, and swap methods — are only one side of the neighborhood.

“On the middle of it’s nonetheless a Fb group,” mentioned Khayman. “It is your collective 24/7 mind belief so, at any time limit, you may drop a query.”

Khayman got here throughout the group in 2016, a couple of years after he began promoting kitchen merchandise on Amazon. On the time, it was a Fb group for personal label sellers doing at the least $10,000 in month-to-month income. The brink grew to $50,000 a month and, ultimately, $1 million a 12 months.

He mentioned that becoming a member of the group made enterprise extra enjoyable whereas serving to him keep aggressive. His model, eparé, had hit the seven-figure annual income mark, however gross sales began dropping as e-commerce grew and new sellers burst onto the scene.

“There have been plenty of methods that folks have been utilizing that have been destroying me,” he mentioned. “I wasn’t maintaining with the knowledge quick sufficient.”

It was his concept to deliver the MDS Fb group to life via in-person occasions. He organized the primary one at an all-inclusive resort in Cancún.

“I charged individuals $99 for a ticket — and I misplaced cash on it as a result of I assumed all-inclusive meant that you did not have to pay for something,” mentioned Khayman, including that the invoice was price it. “It was wonderful vitality.”

eugene kayman
Eugene Kayman is a cofounder and the COO of MDS.Courtesy of MDS

As reside occasions took off, so did the neighborhood. As of 2025, there are about 700 MDS members who pay $7,497 a 12 months to be part of the group.

Khayman nonetheless runs two e-commerce manufacturers, however mentioned he prefers to direct extra of his time and vitality to rising MDS: “As I did all of those occasions, I noticed individuals coming collectively and I noticed how a lot was being created from these relationships. I used to be getting much more success from that.”

The applying course of has developed because the MDS neighborhood has grown.

“Within the very, very starting, it was fairly easy,” mentioned Khayman. Potential members would electronic mail the MDS founder a replica of their picture ID and a screenshot of their gross sales. Nonetheless, because the group gained extra publicity and functions began flowing in, the method grew to become extra rigorous, primarily in order that MDS may keep its core identification. “No neighborhood ever needs to get greater. That is at all times a factor, like, it’ll lose its allure if it will get too massive. And all people needed to actually protect that.”

The interview is supposed to display for a kind of particular person, not essentially a kind of enterprise.

“They should have the mindset that they are coming in right here to assist and share and develop into a member of the neighborhood,” mentioned Khayman. “Generally individuals are available with some form of agenda to promote another services or products, so it is meant to filter for that.”

One of many group’s core values is: Give extra, get extra.

“That is a giant factor we attempt to instill in all people, so there’s not likely a lot judgment or flash,” mentioned Khayman. “It is simply individuals which can be actually deep of their companies and simply wanting to assist each other.”

As soon as the interview is full and the applying is accepted, members acquire entry to unique occasions, a community of high-level sellers, and on-line teams that share insights, experiences, and assets.

Regardless of the challenges of rising, Khayman acknowledges the immense advantages of getting extra members. It permits particular sub-groups to kind, so sellers within the kitchen house or complement house, for instance, can focus on their industry-specific challenges.

“There’s sufficient members in every of those particular domains to present one another worth,” he mentioned.

Promoting on Amazon has by no means been extra advanced and aggressive.

When Khayman began within the early 2010s, “my first 12 months of promoting on Amazon, I offered $150,000 price of pepper grinders,” he mentioned. “These have been pepper grinders that I used to be shopping for for $5 and promoting for $50 on Amazon. I took house 80% of that as revenue.”

Right now, it is a lot more durable to run a worthwhile Amazon enterprise. The charges are greater, the competitors is stiffer, and the methods are continuously evolving. Tariffs added a wholly new degree of complexity initially of 2025.

million dollar sellers
MDS hosts month-to-month member-exclusive occasions.Courtesy of MDS

“For a very long time, we have been a really Amazon-focused neighborhood, and we have been attempting to interrupt away from that general stigma and simply be a common neighborhood for e-commerce founders,” mentioned Khayman. “It has been good to see over the previous few years that folks coming into the group have a wider understanding of e-commerce. Amazon is simply part of their enterprise, reasonably than their complete enterprise, and I believe that aligns with the longer term. If individuals are treating Amazon as their complete enterprise, they’re undoubtedly extra in danger.”

There is a massive promoting alternative proper now on TikTok, for instance. He mentioned the present TikTok market reminds him of Amazon within the early years.

Being a member of a bunch like MDS helps entrepreneurs spot these tendencies, adapt, and keep forward of the curve. It will possibly additionally assist with morale, which is inevitably going to be low at instances for each entrepreneur.

“We get plenty of members saying that their group or important others need them to go to those occasions as a result of they arrive again very excited with excessive vitality,” mentioned Khayman. “Enterprise is at all times raining. Enterprise at all times will get you down, so it is like a decide me up.”

Maybe the largest perk of all, although, is the community.

“I actually assume one of the best ways to succeed is to encompass your self with folks that have already succeeded,” he mentioned. “You are going to make errors and errors are at all times nice, however why be taught from your personal errors when you may be taught from different individuals’s?”

Learn the unique article on Enterprise Insider

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