WATCH THIS If You're Planning To Start A Dropshipping Business In 2019

Published on: November 27 2022 by Peter Pru - Ecommerce Empire Builders

WATCH THIS If You're Planning To Start A Dropshipping Business In 2019

WATCH THIS If You're Planning To Start A Dropshipping Business In 2019

WATCH THIS If You're Planning To Start A Dropshipping Business In 2019

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00:00:00	00:00:03	yo what's up Empire builders today we're
00:00:02	00:00:05	toking about what you need to know
00:00:03	00:00:06	before you get into drop shipping
00:00:05	00:00:08	alright there's a lot of bad
00:00:06	00:00:10	expectations and false expectations out
00:00:08	00:00:12	there that a lot of people give and I
00:00:10	00:00:14	want you to know and be prepared for
00:00:12	00:00:21	what's ahead of you while you build your
00:00:14	00:00:23	drop shipping Empire hey what's up guys
00:00:21	00:00:25	so today we're toking about what you
00:00:23	00:00:27	should know as you begin your drop
00:00:25	00:00:30	shipping ecommerce drop shipping journey
00:00:27	00:00:32	okay there's a lot of things that a lot
00:00:30	00:00:33	of people set false expectations and
00:00:32	00:00:34	they don't know what really lies ahead
00:00:33	00:00:36	in they're usually a lot of people that
00:00:34	00:00:37	are getting into drop shipping are
00:00:36	00:00:39	taking a risk right they might be
00:00:37	00:00:41	risking some of their hard-earned money
00:00:39	00:00:43	to build a better life for themselves so
00:00:41	00:00:45	today's video is dedicated to you guys
00:00:43	00:00:47	who are just starting out in e-commerce
00:00:45	00:00:49	drop shipping and giving you some advice
00:00:47	00:00:52	on things you should know and be aware
00:00:49	00:00:54	of as you start building your ecommerce
00:00:52	00:00:55	empire and if you are brand new to the
00:00:54	00:00:57	e-commerce Empire builders I just want
00:00:55	00:00:58	to give you a welcome make sure you
00:00:57	00:01:00	subscribe to the channel make sure you
00:00:58	00:01:02	turn that notification bell on down
00:01:00	00:01:03	below and make sure you check out all
00:01:02	00:01:05	the free resources and additional
00:01:03	00:01:08	training materials down in the
00:01:05	00:01:10	description of this video guys but I
00:01:08	00:01:11	what I really want to get across to you
00:01:10	00:01:15	guys say that are just getting started
00:01:11	00:01:17	in drop shipping is that you want to set
00:01:15	00:01:20	real realistik expectations for yourself
00:01:17	00:01:22	right you see a lot of people online in
00:01:20	00:01:23	this space right showing off a lot of
00:01:22	00:01:26	nice things
00:01:23	00:01:28	Lamborghinis Rolex is right like a lot
00:01:26	00:01:31	of things that you know you could easily
00:01:28	00:01:34	be convinced this is like it very easily
00:01:31	00:01:36	attainable now let me tell you something
00:01:34	00:01:38	guys I have been in online marketing for
00:01:36	00:01:40	close to 10 years right now and I love
00:01:38	00:01:42	to always say that I'm a 10 year
00:01:40	00:01:43	overnight success story and a lot of
00:01:42	00:01:45	people look at me they you know like I
00:01:43	00:01:46	buy I do I have bought myself some nice
00:01:45	00:01:48	things here and there
00:01:46	00:01:50	bought myself this beautiful new house
00:01:48	00:01:51	new construction house that I've never
00:01:50	00:01:53	imagined million years I'd ever be able
00:01:51	00:01:55	to afford and all of those things came
00:01:53	00:01:58	from you know having an e-commerce
00:01:55	00:02:00	business okay but you can't expect those
00:01:58	00:02:02	things like that like even in your first
00:02:00	00:02:04	year guys because for me like I said
00:02:02	00:02:06	I've been in this for 10 years I've had
00:02:04	00:02:09	the craziest ups and downs I've had more
00:02:06	00:02:11	business failures than I can remember
00:02:09	00:02:13	right but what you want to do is when
00:02:11	00:02:15	you're just getting started is set
00:02:13	00:02:18	realistik goals and expectations for
00:02:15	00:02:20	yourself okay so instead of going out
00:02:18	00:02:22	and just jumping right into drop
00:02:20	00:02:23	shipping instead write what you actually
00:02:22	00:02:25	want to achieve what are the goals that
00:02:23	00:02:26	you actually want to hit in your you
00:02:25	00:02:27	know your first six months of
00:02:26	00:02:30	dropshipping your first year of drop
00:02:27	00:02:31	shipping and set realistik goals if you
00:02:30	00:02:33	and and this really this whole
00:02:31	00:02:35	conversation stemmed from you know a
00:02:33	00:02:37	one-on-one client that I have that is
00:02:35	00:02:38	freshly brand new to e-commerce no
00:02:37	00:02:41	experience whatsoever and I always have
00:02:38	00:02:42	to have these discovery sessions with
00:02:41	00:02:44	with my clients because I want to hear
00:02:42	00:02:45	like what their expectations are and a
00:02:44	00:02:47	lot of people like oh I want to make
00:02:45	00:02:49	$10,000 next month and guys like I'm
00:02:47	00:02:51	telling you yes some people some of my
00:02:49	00:02:52	students have done it I'm envious of
00:02:51	00:02:54	them because for me to make my first
00:02:52	00:02:56	$10,000 month did not come for years
00:02:54	00:02:58	when I first first getting started in
00:02:56	00:03:00	online marketing okay so I'm definitely
00:02:58	00:03:02	envious of the people that come so
00:03:00	00:03:05	easily to but you need to set realistik
00:03:02	00:03:06	goals if you are coming into online
00:03:05	00:03:09	marketing if you've never made a dollar
00:03:06	00:03:10	online you're going to have a little bit
00:03:09	00:03:12	longer of a journey now that's not to
00:03:10	00:03:14	deter you to be like hey don't start
00:03:12	00:03:15	start this I'm telling you this is the
00:03:14	00:03:18	most rewarding thing that you will ever
00:03:15	00:03:19	do in your entire life building a
00:03:18	00:03:22	business that can support you that can
00:03:19	00:03:23	support your family right like the one
00:03:22	00:03:24	that can let get you out of your
00:03:23	00:03:26	nine-to-five job if that's what you're
00:03:24	00:03:28	looking to achieve right like I'm
00:03:26	00:03:30	telling you though every night when I go
00:03:28	00:03:33	to bed and knowing that I've created
00:03:30	00:03:35	something that that can support me
00:03:33	00:03:37	support my family buy myself a house
00:03:35	00:03:38	really buy myself a you know pay for my
00:03:37	00:03:40	car pay and pay for everything that I
00:03:38	00:03:41	need to sustain is like literally the
00:03:40	00:03:44	most rewarding thing and I want that for
00:03:41	00:03:45	every single one of you okay but you
00:03:44	00:03:48	have to understand that it is a process
00:03:45	00:03:49	to get there okay you're not gonna hit
00:03:48	00:03:51	it out of the park right out of the gate
00:03:49	00:03:53	so what I encourage you to do is set
00:03:51	00:03:56	realistik goals set a six-month goal set
00:03:53	00:03:58	yearly goals and five-year goals so for
00:03:56	00:03:59	example if you're looking to quit your a
00:03:58	00:04:01	nine-to-five job you're looking to get
00:03:59	00:04:04	out of that or if you're just trying to
00:04:01	00:04:06	just try to supplement your income and
00:04:04	00:04:07	have an additional income stream right
00:04:06	00:04:09	which is a very smart decision I always
00:04:07	00:04:10	recommend people not just have one
00:04:09	00:04:13	source of income have multiple sources
00:04:10	00:04:14	of income so maybe for the first year if
00:04:13	00:04:16	you're just getting into e-commerce you
00:04:14	00:04:18	have that nine-to-five job you manage
00:04:16	00:04:21	your time as effectively as possible
00:04:18	00:04:22	during that time and everyday you know
00:04:21	00:04:24	come back from work you're very you're
00:04:22	00:04:24	very cognizant with your time and making
00:04:24	00:04:26	sure
00:04:24	00:04:30	your time building your business as well
00:04:26	00:04:31	so as in that first year what your goal
00:04:30	00:04:33	might be will be like hey you know I'm
00:04:31	00:04:34	gonna have my 95 job but by the end of
00:04:33	00:04:37	the year I want to be making a least
00:04:34	00:04:38	five to ten thousand dollars in sales
00:04:37	00:04:40	and my ecommerce businesses right and
00:04:38	00:04:42	that's more of a realistik goal right
00:04:40	00:04:44	five to ten thousand dollars a month in
00:04:42	00:04:47	your e-commerce business and one year
00:04:44	00:04:48	with a full-time job is very very
00:04:47	00:04:51	achievable is very I'm not gonna say
00:04:48	00:04:52	it's simple or easy it does take work on
00:04:51	00:04:55	your part guys of course it takes some
00:04:52	00:04:56	effort but yes it's a 100% achievable
00:04:55	00:05:00	goal that anyone of you watching this
00:04:56	00:05:02	can can easily achieve okay but you do
00:05:00	00:05:04	need to become very cognizant of your
00:05:02	00:05:06	time and understand that you need to put
00:05:04	00:05:07	the time and you have to be the one that
00:05:06	00:05:09	clicks a button here you're gonna go
00:05:07	00:05:11	through some rough patches you're gonna
00:05:09	00:05:13	need to to find it within yourself to
00:05:11	00:05:16	keep going even when things are looking
00:05:13	00:05:18	like crap and it looking like things are
00:05:16	00:05:20	never gonna gonna work out but I always
00:05:18	00:05:22	promise you guys like the people that
00:05:20	00:05:25	the only people that ever fail are the
00:05:22	00:05:27	ones that give up right that it's that's
00:05:25	00:05:30	an amazing quote to live by right if you
00:05:27	00:05:31	never quit you will never fail okay and
00:05:30	00:05:33	a lot of people that get discouraged or
00:05:31	00:05:35	first go around and then they quit okay
00:05:33	00:05:37	but I want you to be I want that's what
00:05:35	00:05:39	exactly what I want you to set like good
00:05:37	00:05:42	expectations for yourself going into it
00:05:39	00:05:44	understanding right understanding that
00:05:42	00:05:46	there is going to be charred ships
00:05:44	00:05:48	there's going to be struggles but guess
00:05:46	00:05:50	what it's not your main source of income
00:05:48	00:05:51	right coming right out of the gate okay
00:05:50	00:05:54	you're gonna be doing you have your
00:05:51	00:05:55	full-time job you have your your
00:05:54	00:05:58	e-commerce side hustle business that's
00:05:55	00:05:59	going and eventually maybe you're - now
00:05:58	00:06:02	you can be like okay now it's time let's
00:05:59	00:06:03	scale this thing up I want my my revenue
00:06:02	00:06:06	and my e-commerce businesses to surpass
00:06:03	00:06:09	my full-time jobs income and hopefully
00:06:06	00:06:11	quit my job on year number two okay and
00:06:09	00:06:13	this is also a good strategy to go with
00:06:11	00:06:15	guys because it's gonna let you save up
00:06:13	00:06:18	money for like a test like for like
00:06:15	00:06:21	expenses right like a lot I've actually
00:06:18	00:06:23	had people where they quit their job and
00:06:21	00:06:24	then you go all-in on e-commerce and
00:06:23	00:06:26	they have no experience with e-commerce
00:06:24	00:06:27	right and that's like not a good place
00:06:26	00:06:29	to come from guys because when you're
00:06:27	00:06:32	trying to go all-in and I'm all for
00:06:29	00:06:34	all-in and dedicating on 2% but when
00:06:32	00:06:36	you're stressed about money especially
00:06:34	00:06:37	where you're gonna get your next meal to
00:06:36	00:06:40	build your e-commerce
00:06:37	00:06:41	that's tough that's that's extreme it's
00:06:40	00:06:44	a lot tougher to achieve a goal like
00:06:41	00:06:46	that guys because you need money to
00:06:44	00:06:47	build a business a lot of people say you
00:06:46	00:06:49	could start with zero yes you could
00:06:47	00:06:50	start with zero you can have trials and
00:06:49	00:06:52	stuff but you're gonna need money
00:06:50	00:06:54	especially as you're a brand new person
00:06:52	00:06:55	to test right
00:06:54	00:06:57	you can't expect that your first
00:06:55	00:06:58	products gonna be a home run you're
00:06:57	00:07:00	right you're gonna have to have money
00:06:58	00:07:02	for advertising expenses as well that's
00:07:00	00:07:04	why I encourage people have that full
00:07:02	00:07:07	time job as you build your side hustle
00:07:04	00:07:08	and see how things progress set those
00:07:07	00:07:09	goals first year okay I want to by the
00:07:08	00:07:11	end of this year I want to be
00:07:09	00:07:14	consistently doing five ten thousand
00:07:11	00:07:16	dollars a month at 50% profit margins
00:07:14	00:07:17	okay reinvesting all that money back
00:07:16	00:07:19	into growing and scaling that business
00:07:17	00:07:21	hiring team members launching new offers
00:07:19	00:07:23	right launching new funnels learning
00:07:21	00:07:24	right learning is part of is the
00:07:23	00:07:26	probably the most important part of this
00:07:24	00:07:27	whole thing is a lot of people right
00:07:26	00:07:30	they're they're always hate they hate
00:07:27	00:07:31	people that sell programs or mentors or
00:07:30	00:07:32	whatever and they're scared to invest
00:07:31	00:07:33	themselves but I can tell you I would
00:07:32	00:07:35	never be where I'm at right now without
00:07:33	00:07:37	my mentors and all the programs and all
00:07:35	00:07:39	the conferences and I spent tens of
00:07:37	00:07:41	thousands of dollars a month on my
00:07:39	00:07:43	education guys so make sure you go and
00:07:41	00:07:44	shorten your learning or go get a mentor
00:07:43	00:07:46	go get a course go get something to
00:07:44	00:07:47	shorten your learning curve because when
00:07:46	00:07:49	you're coming into this space and you're
00:07:47	00:07:51	trying to figure it out yourself
00:07:49	00:07:53	you might waste your full first year
00:07:51	00:07:55	just making them the same mistakes like
00:07:53	00:07:56	for example that I did where I can teach
00:07:55	00:07:58	you and help you write and I'm not
00:07:56	00:07:59	trying to shamelessly plug myself but
00:07:58	00:08:01	I'm just saying if you're learning
00:07:59	00:08:03	trying to learn ecommerce sales funnels
00:08:01	00:08:05	and continuity programs like why like
00:08:03	00:08:06	why wouldn't you want to learn from me
00:08:05	00:08:07	you know what I mean like that's just
00:08:06	00:08:08	like it's the same thing like with
00:08:07	00:08:10	mindset like if I want to learn my it's
00:08:08	00:08:11	okay I'll go to like the best mindset
00:08:10	00:08:13	coach oh I want to get in the best shape
00:08:11	00:08:16	I'm gonna go to the best fitness fitness
00:08:13	00:08:17	coach in my in my area right don't try
00:08:16	00:08:19	and do everything yourself
00:08:17	00:08:21	learn from other people's mistakes this
00:08:19	00:08:22	is exactly why I love reading books so
00:08:21	00:08:25	much guys because they give you insight
00:08:22	00:08:27	of people that that that have lived
00:08:25	00:08:29	before you that wrote their story in
00:08:27	00:08:30	their book that you can learn from so
00:08:29	00:08:33	that's the second thing I want you guys
00:08:30	00:08:36	to do during your during your e-commerce
00:08:33	00:08:37	journey right is it made sure that you
00:08:36	00:08:40	are continuing your education your
00:08:37	00:08:42	education is the most important part of
00:08:40	00:08:43	this because if you don't know what
00:08:42	00:08:45	you're doing like if you don't know what
00:08:43	00:08:45	you're doing you're gonna keep making
00:08:45	00:08:47	mistakes
00:08:45	00:08:49	you're gonna keep you're not gonna get
00:08:47	00:08:49	any traction and you just need to invest
00:08:49	00:08:51	a little bit
00:08:49	00:08:53	money to shorten your learning curve so
00:08:51	00:08:55	for example if you do a year of mistakes
00:08:53	00:08:56	and I could have saved you by giving you
00:08:55	00:08:58	let's say me let's say you gave me a
00:08:56	00:09:01	thousand dollars you can learn my exact
00:08:58	00:09:03	process right I just saved you a year of
00:09:01	00:09:05	time right and everybody that's watching
00:09:03	00:09:09	this right now a year of time you're
00:09:05	00:09:12	well worth a thousand dollars okay start
00:09:09	00:09:14	treating your time more valuable okay
00:09:12	00:09:16	that's one of the the critikal pieces of
00:09:14	00:09:18	this piece as well guys because because
00:09:16	00:09:22	as you have that full time job you're
00:09:18	00:09:24	going to need to be so strict with your
00:09:22	00:09:26	time you're gonna have to be so strict
00:09:24	00:09:27	with your time right you're gonna have
00:09:26	00:09:29	to stop going out on weekends right
00:09:27	00:09:30	you're going to have to maybe work a few
00:09:29	00:09:32	hours every single night but you gotta
00:09:30	00:09:35	want this more than anything else
00:09:32	00:09:36	because nobody's gonna do it for you
00:09:35	00:09:38	okay
00:09:36	00:09:40	if you don't want it nobody cares if you
00:09:38	00:09:42	don't want it like nobody's gonna do the
00:09:40	00:09:44	work for you okay you have to be the one
00:09:42	00:09:46	you are getting behind the keyboard and
00:09:44	00:09:48	working your butt off and trying to make
00:09:46	00:09:50	this happen for yourself because I'm a
00:09:48	00:09:52	true sister and believer if somebody
00:09:50	00:09:54	else can achieve something so can i and
00:09:52	00:09:56	you have to shift that mindset instead
00:09:54	00:09:58	of that that mindset of like poverty
00:09:56	00:10:00	almost that a lot of people have to a
00:09:58	00:10:01	Minds have like abundance where like you
00:10:00	00:10:03	know what if that guy could do it why
00:10:01	00:10:05	the hell can I write like if he's
00:10:03	00:10:06	achieved that why can't I do it right
00:10:05	00:10:08	like that's that's he's a human he's
00:10:06	00:10:11	Flash's blood he's all these things that
00:10:08	00:10:14	I am why can't I do it as well so start
00:10:11	00:10:15	like sir treating yourself like you can
00:10:14	00:10:17	achieve things that's not doubting
00:10:15	00:10:19	yourself that so many people do so many
00:10:17	00:10:21	people I see guys they're just looking
00:10:19	00:10:23	for permission all right they're just
00:10:21	00:10:24	looking for permission like to be always
00:10:23	00:10:26	that a good idea or is that not a good
00:10:24	00:10:28	idea get some confidence be like you
00:10:26	00:10:29	know what I am on the right path I am
00:10:28	00:10:31	doing the right things that I need to be
00:10:29	00:10:34	doing to achieve that goal that I want
00:10:31	00:10:35	and have that abundance mindset okay and
00:10:34	00:10:37	this is goes back to something I learned
00:10:35	00:10:40	from Dan Kennedy about like attracting
00:10:37	00:10:42	wealth into your life you can't be like
00:10:40	00:10:45	super picky about like small things guys
00:10:42	00:10:47	like I have like like my friends like
00:10:45	00:10:49	don't tok about like like the price of
00:10:47	00:10:51	gas and like the price of oh this going
00:10:49	00:10:52	up or this kind of I'm like how do you
00:10:51	00:10:54	even know that like I don't even know I
00:10:52	00:10:56	have no guys I have no idea what the
00:10:54	00:10:57	price of gas is I have no idea what the
00:10:56	00:11:00	price of random produce items are at a
00:10:57	00:11:00	grocery store I don't care my mind isn't
00:11:00	00:11:02	there
00:11:00	00:11:04	- in my business my mind is focusing on
00:11:02	00:11:09	wealth and attracting wealth into my own
00:11:04	00:11:11	life okay like shift your mindset to
00:11:09	00:11:12	that as well where you're not just like
00:11:11	00:11:14	always like thinking about the
00:11:12	00:11:16	nitty-gritty or like oh the price of gal
00:11:14	00:11:18	you start shifting your mindset to
00:11:16	00:11:21	having look abundance be like hey
00:11:18	00:11:22	attract that wealth to yourself right be
00:11:21	00:11:24	like I am on the right path I know what
00:11:22	00:11:25	I'm doing and shift your mind so I'm
00:11:24	00:11:27	just focusing on these little
00:11:25	00:11:28	nitty-gritty things right - being like
00:11:27	00:11:33	hey I'm building a business that's going
00:11:28	00:11:34	to bring me 10x the amount okay so make
00:11:33	00:11:36	sure you guys take heed that advice that
00:11:34	00:11:37	I uh that we kind of just went over
00:11:36	00:11:40	through this video start respecting your
00:11:37	00:11:41	time have more of an abundant mindset
00:11:40	00:11:44	understand that there's gonna it's gonna
00:11:41	00:11:46	be a rocky road and understand that with
00:11:44	00:11:47	the only way you're gonna fail is if you
00:11:46	00:11:50	quit and if you're a brand new to
00:11:47	00:11:52	e-commerce guys make sure you check out
00:11:50	00:11:53	that sales funnel master class down in
00:11:52	00:11:55	the description of this video I show you
00:11:53	00:11:57	step by step how do you build your
00:11:55	00:11:59	e-commerce business without relying on
00:11:57	00:12:01	Shopify without relying on Amazon FBA
00:11:59	00:12:02	and without relying on any sort of
00:12:01	00:12:04	expensive paid traffic again that link
00:12:02	00:12:06	will be down below and also guys if you
00:12:04	00:12:07	have any questions whatsoever drop a
00:12:06	00:12:08	comment down below on this video and if
00:12:07	00:12:09	you found it super helpful
00:12:08	00:12:11	smash that like button smash the
00:12:09	00:12:13	subscribe button smash that notification
00:12:11	00:12:15	ball so you're notified every single day
00:12:13	00:12:17	as we release new content here on the
00:12:15	00:12:18	Empire builders YouTube channel but guys
00:12:17	00:12:21	have a fantastik rest of your day and
00:12:18	00:12:31	remember your empire starts now