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    1. Amberdy is offline

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      #1

      Can you earn money by wholesaling or dropshipping?

      Im just starting out buying wholesale and having it dropshipped. I thought this would make me a lot of money, but so far nothing much has come in.

      Am I missing something or is this not as lucrative a business as I thought it was?
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    2. John's Avatar
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      #2
      Starting any new business is tough, and while there is potential to make money in this type of business, it takes time and lots of experience.

      ● First off, don’t expect to make big money when you’re first getting started. You are going to make a few mistakes and will probably lose some money before making any substantial profit. If you don’t quit and if you learn from your mistakes, eventually you’ll pull ahead.

      ● Read up on wholesale and dropshipping on wholesale forum. Listen to what users have to say; there are lots of users on here who have decades in their respective businesses, and you can learn a lot from them.

      ● You could potentially make more money by selling to a niche market.
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    3. Amberdy is offline

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      #3
      I was talking to another wholesaler and he asked me about my job background. After I told him Ive been employed in several areas- sales, lower management and other entry level positions, he told me that I couldnt possibly succeed without grounded experience in one business.

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      #4
      He’s just trying to shake you up. While experience in wholesale/dropshipping is excellent to have, you don’t have to have experience yourself. Since you have sales and management experience under your belt, you’re already on the right track to creating a successful business.

      Because you don’t have experience in wholesale or dropshipping, though, you can hire a business consultant who can guide you toward a better, more efficient and profitable business, but other than that, you already have what it takes to make your business work.

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      #5
      Thanks for the advice and the words of encouragement. Ill look into hiring a consultant and hopefully by the end of the year Ill be rubbing the other guys nose in my businesss growth.

    6. zohahunt is offline

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      #6
      I have taken some tutorial of the business meeting with the mba associate and the pretty tell me some good stuff.

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