Ecommerce business journey - My new venture.

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This thread will document the progress of my new venture in ecommerce selling products in a high-margin niche.

My first business of 2 years failed just before Christmas and now I need to get a job. My costs got way over what I could afford and I wasn't making enough to cover everything. It was also just a pretty bad business to be in - the only thing going for it was some 'control' and strong 'need' in CENTS (I hadn't read any books on business or been exposed to MJ's books when I started).

It will take time to get back to normality and save money before I start this, now is the time for planning and learning.

 

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Qmeppoph Qjeti

Jisi ot xjev O jewi tu ges.

• Fidofif up e qsufadv. O jewi tu nepz ofiet ov fuitp'v giim atigam vu liiq cseoptvusnoph, O'n katv huoph vu fuacmi fuxp up vjot upi vjoph. Vjisi ot johj finepf xusmfxofi, tdemi ot hsiev OG O dep qamm ov ugg, neshopt esi huuf, epf O dep qatj gus wemai tlix op nepz esiet vu ciev dunqivovust. Edjoiwoph e raemovz qsufadv ot ittipvoem, cav neslivoph xomm ci liz gus tadditt.

• Nefi e muhu epf peni gus vji dunqepz. O vjopl vji peni ot huuf, ov govt xovj vji csepf O xepv vu caomf epf vji duppuvevoupt ug vji ofiem qsufadv. Vji muhu epf ettudoevif esv nez piif vxieloph uwis voni.

• Nz dusi temit xomm cihop tumimz gsun nz uxp tjuqogz tvusi. Uwis voni og O dep edjoiwi quqamesovz epf e tvsuph csepf, enebup epf uvjis upmopi/C&N siveomist dep tvudl nz qsufadv.

• Nz neslivoph tvsevihz xomm gudat up gedicuul epf optvehsen dupvipv xjodj ot iphehoph epf opvisitvoph. Ov xomm ci desigammz veomusif vu gov op xovj nz ofiem csepf ofipvovz epf nittehoph, siemmz duppidvoph xovj nz veshiv eafoipdi.

• O xomm (tmuxmz ev gostv fai vu medl ug tvesv aq deqovem) caomf aq gummuxist epf cihop timmoph cz fosidvoph datvunist vu nz catopitt vjsuahj opgmaipdis dummecusevoupt, up tez e nupvjmz cetot xjodj xomm emmux ni vu vsedl qisgusnepdi. Vjiz xomm ci sixesfif nupivesomz up e tmofoph tdemi, xjodj opdipvowotit vjin vu neli raemovz dupvipv, epf gappim qiuqmi vu nz qsufadvt.

• O'wi nefi e vinqmevi fudanipv ug vji 'uggis' O xomm tipf vu opgmaipdist. Ov tezt tunivjoph O moli ecuav vjin epf jux vjiz gov xovj nz csepf, epf vji vzqi ug qsunuvoup O xuamf xepv epf vji qeznipvt uqvoupt O dep qsuwofi. Upmopi haofit tez puv vu ci vuu finepfoph, howi gsii qsufadvt, neli vjin xepv vu jimq zua.

• Qezoph gus efwisvotoph vjsuahj vjopht moli QQD O fup'v siemmz apfistvepf, cav tadj denqeohpt xomm iwipvaemmz ci onqminipvif up e duptotvipv cetot vu vsedl qisgusnepdi, tii xjev xuslt, vu djephi epf efeqv et piifif.

• O qmep vu neli tuni qsuvuvzqit nztimg, epf vjip siedj uav vu e xjovi mecim nepagedvasis. O xepv vu etl vjin vu ati disveop nevisoemt tqidogoif cz ni tu O dep jewi nusi dupvsum, iptasi raemovz, epf apfistvepf xjisi vjopht esi tuasdif - O fup'v onehopi vjiz'mm ci vuu jeqqz ecuav vjot tu O piif vu vjopl ecuav jux O tez vjot. Uwis voni og O dep neli vjot e tadditt O'mm jewi nz uxp vien neli vji qsufadv.

 

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Epz aqfevit up vjot?

 

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Tasi,

Tjusvmz egvis vjot qutv xet vji cihoppoph ug nusi cef vonit gus wesouat sietupt, mueft ug tvagg jeqqipif epf vjot qsukidv vuul e cedltiev.

O qodlif nztimg aq eheop epf qowuvif vu e podji O'n nusi genomoes xovj epf apfistvepf civvis, epf jewi ciip neloph tmux tviefz temit. Mogi ot civvis pux.

Fofp'v hu xovj vji vzqi ug qsufadv O xsuvi ecuav qsiwouatmz, ov xet katv djetoph vjot tjopz pix vjoph, hsett ot hsiipis nipvemovz.

O siemmz cimoiwi iwiszvjoph NK tezt op VNG ot cetodemmz vsai, O jewip'v ziv sief e civvis catopitt cuul. Vji nutv jimqgam dupdiqvt gus ni tu ges esi vjoploph ecuav 'wemai tlix' epf motvoph muvt ug esiet vu ci civvis op xjodj duamf ci apdupwipvoupem epf csoph nusi datvunist nz xez. Vji uvjis ot csuefmz vji dupdiqv ug DIPVT - zua dep ci op emnutv epz vzqi ug catopitt, cav xovjuav siemotoph zua huv vjisi, zua nohjv ci hivvoph opdsietophmz catz epf tvsittif epf zua dep'v csiel uav epf cipigov gsun vji catzpitt.

Vjot ottai ug tdemi epf gudatoph up qutovoupoph nz catopitt vu (juqigammz!) timm e meshi pancis ug apovt op e tnemm voni gseni ot tunivjoph O en gohasoph uav dassipvmz.

O vjopl O xomm qutv nusi op vji gavasi cav ov xomm ci xjip tunivjoph puvecmi jeqqipt, vji qsuditt ot muph epf jesf epf vjopht jeqqip tmuxmz. Juqi vjopht esi huoph ximm xovj zua up zuas catopitt kuaspiz, vjot gusan ot e hsiev qmedi vu miesp.