Read Millionaire Fastlane!
- Apr 28, 2017
No worries, if this is your opinion, feel free to share it hah.I hate being the party pooper who douses everyone at the party with cold, icy water after they've had 5 glasses of tequila and 6 bottles of cheap beer, but the reality is the vast majority of people who are successful in eCommerce does at least one of the following:
But I can tell you for certain one thing: I personally know people who have made $250K+ profit in a year, from scratch, even by dropshipping on the model I shared. Some have even left video testimonials for it, where you can actually see sales above 1M+. And none of them met any of the 4 points you've mentioned above.1) Sells an exclusive product (in other words, acts like some kind of exclusive online distributorship/wholesaler for the manufacturer)
2) Sells a very expensive/niche B2B product that involves a lot of haggling, sales, phone calls, etc.
3) Latches onto a trend like 10 ton opposing magnets, thus earning 40% margins over a short period of time, before moving onto "the next big hottest thing"
Then there's a bonus/secret option:
4) Be Amazon and use analytics to steal the best profit margin products from your downstream sellers and label the product as your own brand (if you're posting on this forum, 99.999% this door will remain closed for you)
That is it. These are your options. The idea you are going to make $250K+ per year in cash flow with something resembling "passive" income (min. requirement for my standards to be considered a legitimate CENTS business) in eCommerce without applying one of the following is so ludicrous you'd more likely die from being crushed by a flying piano.
So the fact is that this funnel based business model is very strong, and can overturn otherwise failing eCommerce businesses into massive successes. How long this will last remains to be seen, but at the moment, not many sellers know about it, hence there's still a lot of untapped potential. People have gotten better at skewing value on the production side, but not on the marketing side yet... if you can do both, you'll have a truly explosive business. Do one of them, and you can still get to 1M+.
One thing is for certain though... if you want to take advantage of it while it lasts, you must grab the report and inform yourself + get rid of these limiting beliefs that are holding you back. The knowledge is available, it's really your limiting beliefs that hold you from taking action and being successful. If you work on those, understand the knowledge, and give it a serious try, more than likely you'll be pleasantly surprised by the results...
Based on what I've seen, if you're more likely to die from being crushed by a flying piano than make $250K+ profit in a year with this model as you say, then your chances of being crushed by a flying piano must be quite good... you better watch out so it doesn't hit you haha!
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