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He Turned $42 Into $300,000 / Month Dropshipping

Published on: December 8 2022 by Financial Wolf

He Turned $42 Into $300,000 / Month Dropshipping

He Turned $42 Into $300,000 / Month Dropshipping

a broke 17 year old with 42 dollars and
74 cents left in his pocket to a 22 year
old driving fancy cars making upwards of
10 000 per day from three different
businesses in just five short years
sebastian escueta turned every
entrepreneur's dream into a reality and
it all stems from buying a tai lopez 67
steps course and doing something he
always recommends finding a millionaire
mentor i bumped into a mentor and
another mentor and a few more mentors
i've found five mentors albert einstein
one of the smartest people in history
had a mentor this isn't a get-rich-quick
scheme alexander the great one of the
great conquerors he had a mentor you're
gonna be able to go out and buy a
lamborghini it can happen faster than
you think this isn't a get-rich-quick
scheme found a mentor from tai lopez he
had posted someone on a story and this
kid was like hey dude i'm making like a
few thousand bucks a month i was like
what's this kid doing to make money dm'd
him he was like iphone reselling he put
me on really like trained me on how to
do those things and then yeah i started
doing iphone reselling but how exactly
does this work the business is pretty
much as simple as it sounds first you
post an ad on craigslist and facebook
marketplace saying you pay cash for
electronics and when people message you
with devices they want to sell you look
them up on ebay sold listings and offer
the seller 30 to 40 percent less for it
than what it's actually worth not
everyone will accept your low ball offer
but some people will as an example i
just had someone message me with an
iphone 12 and a pair of air pods for
sale these items combined are going
between 500 and 550 on ebay but when i
offered this person 400 they accepted so
now i'm gonna drive out and meet them at
a public location so are you here for
the phone yeah perfect what's that what
oh my camera yeah i make videos and
stuff oh i'm sorry i was super worried
last time i tried to sell something i
got like legit robs like in a movie no
way that's so weird can you count it
honestly just count it right now and
then i'll take a look at the phone you
can make sure it's it's good okay
perfect i was just making sure there's
no apple id and stuff so we should be
good awesome well thank you have a good
day after securing your iphone at a
discounted price proceed to relist it on
facebook marketplace ebay and mercari
for a markup say what you want about
this side hustle but it's honestly one
of the best ways to make a few thousand
dollars per month especially while in
high school it's a business i personally
did well in high school and so did
sebastian but the only issue with it is
is it has a cap so i knew i couldn't
really scale that up past like two to
three grand a month i started looking
like ecommerce how to make money online
and came across drop shipping and when
was this was this back in like the early
days yeah this was back in 2017. drop
shipping back in 2017 was like i don't
know crypto in the last year because
it's like new and everyone is loving
crypto it hooked me in and i'm really
yeah i did as a kid a dude being 17.
like if i could make a thousand dollar
even a hundred dollars a year i was like
this would be ridiculous so i saw that
as a possibility and i was like i've
gotta try it shortly after finding drop
shipping things started to go downhill
with my first store i pretty much
learned the basics i heard shopify you
could like link up an aliexpress product
with oberlo which is like an app and
then a facebook ad and that was pretty
much it set up a website on shopify
synced up these random jewelry products
that were women's products and then ran
facebook ads i had maybe like 500 bucks
in my account spent all of that on
facebook ads and got no sales after
seeing success with phone flipping
sebastian was nearly back at ground zero
he had spent a huge portion of his money
to advertise a product that frankly no
one wanted to buy so we had two options
one either give up on the drop shipping
dream and go back to phone flipping for
that guaranteed income or two risk it
all and try another drop shipping store
to see if he can make it work what do
you guys think he did i moved from
facebook ads because that was very
difficult for me i moved into influencer
marketing on instagram and so that's
where i started to have my real first
taste of success what was that like
first product you were doing influencer
marketing with yeah first product was
actually the fidget spinners so that was
the okay like that was my first product
i got sales with and everything we got
our very first sale and i was like
freaking screaming me and lo just made
our first order let's get it baby i was
like dude let's go i got a sale so it
was crazy and so that was my first
success i don't know maybe i had a
hundred bucks in a day but it wasn't
anything crazy and almost as fast as
this product began to take over the
world sales began to dry up you know me
being like a not so smart or educated
person in dropshipping i realized i was
kind of getting ripped off by the
suppliers like i was paying maybe like
eight dollars shipped for the product
and that's horrible yeah a small product
like that now we can get them like two
dollars so i was like if i can just
order this product in bulk i could
package the orders my profits can go up
like crazy that's what i did i ordered
the product but by the time it came in
from china every gas station had them
damn you know you were stuck with all
that yeah we're stuck with the inventory
and like barely any money anymore and so
back to the drawing board once again at
this point sebastian had just 42 dollars
to his name and on a family trip to
costa rica his mindset began to change
dude we were walking around in like
shanties of houses looking around and
they were living off of 500 bucks a
month and i was like really horrible
like i can do way better i'm blessed in
california you know i have a laptop i
could do yeah so much better but i'm
being lazy right now like even if i
barely have any money i can still make
something work i have less than 50 bucks
like i what do i have to lose that
summer i really just locked in i wasn't
going out much and i kind of just like
decided to make that whole summer like
about drop shipping i needed to make it
work i wasn't going to college i told my
parents i didn't want to i didn't want
to get a job so i told them i was like
if i could make like 300 a day by the
end of summer i'm not applying to
college like i think i had my first 300
or 400 day over that summer so that's
when it started to work so yeah i found
this anchor bracelet and so i saw that
it was an anchor saw that anchors her on
boats and i was like all right both
pages maybe fishers yeah they try to
sell this product with influencer
marketing on instagram so i started to
reach out to a ton of pages and one in
specifics i forgot what it was they
replied they said 10 bucks i was like
i'm not spending 10 bucks she didn't get
it so i spent seven dollars i negotiated
he posted it dude like the next day when
he posted it my phone was blowing up i
think i did like i don't know 500 almost
a thousand dollars in that single day
the anchor bracelet product was a
success throughout the summer he doubled
down on working with instagram
influencers and continued to make
upwards of one thousand dollars per day
that was until sales unfortunately began
to dry up and sebastian entered his
senior year of high school dude i was
really bad in school like i graduated
with the 2.1 gpa barely we were sitting
at the graduation and i did not know if
they were going to read my name and i
was going to get to diploma because i
was not good at school i mean i had to
focus on school a lot because i was
almost not going to graduate and i
couldn't really do business i couldn't
do drop shipping i was doing youtube at
the time couldn't do that at all so
everything was up up up that summer and
then school started and everything came
crumbling down to prevent becoming a
high school dropout sebastian took a
nine-month break from his youtube
channel and also drop shipping to focus
on school but the second he got his
diploma he got back to work the only
issue was the game had changed a lot
dropshipping is evolving so much which
is why i'm not a big proponent of
college it's something where if you're
going to learn marketing and stuff like
by the time you learn the information
and you get into the real world the
stuff has changed yeah so much changes
and so that's what i realized is right
after i got out of school i thought i
was gonna be able to do the same like
yeah why background photos with
influencer marketing on instagram and
just make tons of money i tried that
again after a senior year and it just
did not work this forced sebastian to go
back and become a student of drop
shipping once again as with a lot of
online businesses things are constantly
changing just like how youtube isn't the
same now as it was back in 2017 some
people adapted and blew up their
business while others definitely did it
and fell off the map as i like to put it
in 2019 i found a product where me and a
buddy found a product it was this mini
fridge that we ended up selling for skin
care so people could store their serums
their skincare various stuff we ended up
scaling to 100k a month that was like my
first 100k month which was just
completely ridiculous this was made
possible by his newly acquired knowledge
in the world of facebook ads but it's
also where he learned the important
lesson of holding physical inventory
you'd think if you're running a
seven-figure store you have a fancy
office but i did not and so this is
where we held pretty much all of our
inventory boom
this is actually my first 100k per month
product so skin fridge i'll expose the
brand it is pretty much a mini fridge
that was just made to store stuff in
like uh your bedroom or something but we
coined it as skin fridge which is
basically a skincare fridge what
happened with the product this was the
product that we were supposed to be
selling basically we they sent out a
cheaper one where like this door wasn't
working it wasn't closing properly the
wiring wasn't actually working and so
the supplier kind of screwed us like
that because then we got chargebacks
customer didn't like the product and it
kind of just crumbled from there as fast
as sebastian started profiting 20 to 30
thousand dollars per month with this
product upwards of 500 per day started
to get charged back it was crazy dude it
was 500 like over a thousand dollars a
day just out of my bank account
chargebacks put me in a weird mood where
even if i started a new store and was
making 500 bucks a day yeah my bank
account wasn't growing it was still
going down because like you know i'm
still getting all these chargebacks from
over 50 000 in his bank account at the
peak of this product to now having only
a few thousand dollars he was once again
faced with two options one either throw
in the towel and get a real job or
number two take this experience as a
learning lesson to make sure a product's
high quality before scaling up the
advertising spent again what do you guys
think he did i saw tiktok was popping
off so i was like i've got to get on
tiktok there was a trend going around
it's still kind of around like b boys
and e girls oh vibe they were wearing
these lock necklaces with the louis
vuitton lock and so i found the generic
one that was just a lock necklace and i
started dropshipping that i was like
okay i can make a thousand bucks a day
easily this product scaled to nearly 50
000 in its peak months and it was
followed by a lot more success so this
was a product that we found on tiktok
so this is the website right here it's a
swinging duck dude this thing looks sick
and you did this with a free shopify
theme right yeah so this was with the
sense theme on shopify so we went from
you know nothing to almost 10k per day
in three days i believe profit was
around eighteen hundred bucks to two
thousand dollars okay on that ninety
seven hundred uh in that day kind of
scaled up too hard there was another
competitor that was selling the product
but then in march of 2020 covet hit drop
shipping suppliers were taking months to
fulfill orders and many stores now not
being able to get their product were
forced to close down i remember people
were dming me on instagram hey seb have
you heard about kovid like it's ruining
my suppliers they can't ship my products
out right now and i was like nah like
it's not that big of a deal it'll
probably blow over in two weeks or
something and then it turned out to be
huge and i just like completely
underestimated what was gonna happen in
light of these dark times sebastian was
able to find a product that made him
over one million dollars covered was
picking up suppliers were shutting down
and i didn't really know like what i was
going to sell and perfectly enough i was
going on this website called flippa
basically people are selling their
website on flippa so i went on there i
was like maybe i could find a product on
here i've done it before i did research
i found a little thermometer mounts to
your wall and you can turn it on and it
auto scans temperatures so that way you
don't have to have someone scanning
temperatures we sold to chick-fil-a we
sold to government facilities big banks
in the u.s and these big time customers
converted to big time sales literally we
went from five grand a month to 230k to
like 300k a month so this was your first
seven figure product yep this was
literally like months prior to this i
had barely any money in my account from
nearly broke a few months ago to making
over a hundred thousand dollars in a
month profit that's the quote-unquote
six-year overnight success story of
sebastian escuela what's like your
five-year plan mainly focused on one
brand so growing that for the next few
years so that way we can get a ton of
revenue through the store and then
eventually exiting for like 50 to 100
million those are some ambitious goals
for a 17 year old who once had 42
dollars and 74 cents to his name and it
goes to show that if you want to achieve
something pick a skill take the time to
master it and most importantly be
patient