Hi guys,
I need your advice. I have an idea for a brand with a few products, but need about 15-20 k to implement the idea. Since I can't and don't want to take a loan, I will have to bootstrap it.
Now for my question: I was thinking of doing a dropshipping store to both build up the capital I need for the brand and learn about online marketing right away so that by the time the brand launches I have some experience and I don't have to start from scratch.
What do you guys think about this? Is dropshipping in 2021 profitable enough to build up the capital with it or are there better options?
If so, what would that better options be? What would you do instead to build up capital?
Thanks.
I need your advice. I have an idea for a brand with a few products, but need about 15-20 k to implement the idea. Since I can't and don't want to take a loan, I will have to bootstrap it.
Now for my question: I was thinking of doing a dropshipping store to both build up the capital I need for the brand and learn about online marketing right away so that by the time the brand launches I have some experience and I don't have to start from scratch.
What do you guys think about this? Is dropshipping in 2021 profitable enough to build up the capital with it or are there better options?
If so, what would that better options be? What would you do instead to build up capital?
Thanks.
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