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To start making money selling products on Amazon, there are seven steps to follow. Amazon FBA (Fulfilled by Amazon) is highlighted as an optimal method for earning income online, given that there are over 148 million Prime customers. Notably, two-thirds of Amazon's sales come from third-party sellers, with more than 200,000 sellers earning over $100,000 last year alone. The speaker, Travis, has seven years of experience and has generated over $2 million in sales through Amazon. With Amazon being a $1.6 trillion company and e-commerce sales exceeding $400 billion, there is significant potential for sellers using Amazon FBA to tap into this lucrative market.