Latest videos
STOP worrying about these 7 dropshipping myths! (Yes… 6:13 should be IMPORT duties, whoops!)
►► Free Ebook - The 6 Steps of 6 Figure Dropship Stores: http://wholesaleted.com/4-step
►► Join our Premium, Step-By-Step Video Training Course: https://thedropshipclub.com
***OTHER LINKS MENTIONED IN THE VIDEO***
How to Blindly Dropship: https://www.youtube.com/watch?v=-edMSxkCxJI
Why Long Shipping Times Don’t Matter: https://www.youtube.com/watch?v=sBuiN-CVxE4
How to Pay Sales Tax: https://www.youtube.com/watch?v=UzjlI50ZTuI
10 Things To Do Before Dropshipping: https://www.youtube.com/watch?v=YPKvNTly7Pg
Dropshipping Myth #1: Don’t I Need to Hide that the Package Comes from China?
No: because you can’t hide it! When customers use the tracking code we give them, they’ll quickly see that the package is coming from China.
It is true though that if you were to advertise that it was going to be sent from China, that people would be less willing to purchase. So do not advertise that it’s going to be sent from China, but don’t try to hide it from the customer either. If a customer gets upset about it coming from China, say that you’re shipping the item out directly to them to expedite the shipping process so that they get their item faster, as there has been huge demand for it.
Myth #2: What About South Dakota vs. Wayfair Ruling for Dropshippers?
In June 2018 there was an important Supreme Court case for dropshippers (and online retailers): Wayfair vs. South Dakota. In it, South Dakota won their case that they could require online retailers who don’t have nexus (in other words, a physical presence in South Dakota) to have to collect and pay sales tax. This was a huge ruling as previously in the USA, you had to have nexus in a state to collect/pay sales tax.
Luckily though - this won’t affect most retailers, including most dropshippers. Why? Because the ruling only applies to LARGE retailers who do a lot of sales in that one, single state. For South Dakota, the threshold is you need to be doing either $100,000 in sales or 200+ transactions within South Dakota in a year. For other states to implement thresholds significantly lower, they will have to go through the courts again.
Myth #3: Won’t I Need to Pay Tariffs or Import Duties?!
No - as a dropshipper, you do not pay tarrifs/import duties. It is your customer that will be required to pay them. However, there are very few times where orders from Aliexpress will attract import duties, as most countries have a very high package value threshold before they charge tarrifs. In the USA, it is $800. So neither you nor your customer needs to worry about it.
Myth #4: But Don’t I Need to Register a Business to Dropship?!
Most countries/states in the world will let you sell as a sole proprietor, otherwise known as a sole trader. As a sole proprietor, you do not need to register to start selling online - you can just create a store and start selling. When tax time rolls around, you may need to register for a separate tax ID, but it will depend on your local jurisdiction (please do not ask me what your local rules are, I know a lot about New Zealand’s laws because that is where I live, I don’t know about each individual country/state). In time you may wish to register a company because there are lots of bonuses and benefits to doing so, but it’s usually not a legal requirement.
Myth #5: Won’t People Track the Store Based on the Address?!
Firstly, customers won’t do this because there is no reason or incentive for them to want to Google the address of your supplier on the package. Secondly, even if the customer did do this, they would probably find nothing: usually the address of the suppliers is not posted online for us to access. And Aliexpress stores do not list their addresses, so customers won’t find the store you bought it from (and thus, not find the price you originally paid).
Myth #6: Won’t the USA/China Trade War Kill Dropshipping?
Donald Trump’s White House has announced plans on March 22, 2018 to increase tariffs on Chinese imports to discourage people from importing from China. This is unlikely to impact dropshippers though, as the packages we ship are below the tariff threshold in the first place. And there has been no announcement about lowering the threshold - and if it was lowered, it would be unlikely to go below the original threshold of $200.
Myth #7: Wait… Oberlo Doesn’t Buy the Items for Me?
Almost. Oberlo semi-automates the process for you by taking control of your screen and in seconds, adding the item to your cart and preparing it for purchase. But you still need to click the “Order Product” button to do this. And you still need to click the “Confirm and Pay” button on Aliexpress.
We give you 8 side jobs to make money. These side gigs earn extra cash - many from home!
►► Free ebook - how to make 10k/month online: http://wholesaleted.com/4-step
Please note - this video description contains affiliate links
***LINKS REFERENCED IN THE VIDEO***
6 Business ideas: https://www.youtube.com/watch?v=5CDp1LSKx9c
How to Start a Business with No Money: https://www.youtube.com/watch?v=17X6gnJT2II
Making Money with a Dropshipping Business: https://www.youtube.com/watch?v=zAhtNdhOK1Y
Become an Airbnb host: http://wholesaleted.com/go/airbnbh
Become an Uber driver: http://wholesaleted.com/go/uber
Need some extra cash for a venture? Here are 8 ways to earn it:
#1 Side job to make money: reselling items on eBay/Amazon/Craiglist
This was Sarah’s first side gig and it became very profitable very fast (and it was how she was able to earn money to reinvest into bigger and better businesses).
For this side gig, you go around your house and find items that you no longer use. The research firm NPD found that the average household in the USA has over $7,000 in junk that they no longer use.
Take the items you find, and compare their prices to the prices on sites like eBay, Amazon and Craiglist. If it’s worth it, you can list your items on there and sell them for extra money.
By doing that, not only will you get extra money, but you’ll also learn what items are profitable to resell. You can then go to garage sales, yard sales and thrift stores and look for those items to buy cheaply to resell on eBay/Amazon/Craiglist.
#2 Side job to make money: become a User Tester
If you go to UserTesting you can find jobs that are uploaded by developers/businesses that need their websites tested. You will need a working microphone for your computer to do this.
1) Pick a job. Take a short 2-4 survey to see if you qualify for the job.
2) If you qualify, you can start the job by running their screen capture recording software.
3) Read into your microphone the instructions you see on your screen.
4) Follow the instructions and talk into your microphone about your experience/impressions.
The 5 minute jobs pay about $3/job and that 10-15 minute jobs pay about $10-15/job.
#3 Side job to make money: become a virtual assistant/freelancer
Being a virtual assistant/freelancer is when you complete jobs remotely from home. You are usually not an official employee and instead are a contractor so you get to work on your own terms/hours. Here are some tips for getting hired:
* Fill out your profile as much as you can.
* If it’s relevant, include a portfolio.
* Get reviews ASAP. A good idea is to get friends/family to hire you and leave reviews.
BONUS TIP: Being a VA/Freelancer is a great way to get an inside look into successful businesses and learn how to build one yourself.
#4 Side job to make money: Amazon Mechanical Turk
This is a website owned by Amazon.com that lets businesses, researchers, marketing firms and consumer focus groups post small jobs called HITs which take 2-10 minutes to complete. Most of the jobs on here are short surveys (so if you want to get paid to take surveys this is how to do it legitimately!).
#5 Side job to make money: Airbnb
If you own a house/apartment then you make some extra money by becoming an Airbnb host. Here are some tips for making even more money with Airbnb:
* You don’t need a spare bedroom/bed. People are happy to sleep on couches!
* Get reviews ASAP. Getting friends/family to stay over and leave reviews is a great idea to shortcut this process.
* Clean your house and provide extra amenities (like soap/shampoo/toothpaste) to ensure you get good reviews and not bad reviews.
#6 Side job to make money: become an Uber/Lyft driver
Here are some tips for making even more money as an Uber driver or a Lyft driver.
* Drive during surge pricing hours. These are 8pm-2am Friday to Sunday.
* Lyft lets you rent a car from them. If you drive 65+ trips in a week, your car is free!
* You can drive with both Uber and Lyft active at the same time to maximize jobs you get.
#7 Side job to make money: become a Tasker on TaskRabbit
TaskRabbit is an app that lets people post odd jobs around their house/office they need someone to come and help them perform (like cleaning and assembling IKEA furniture). Some jobs people have received include:
* $80/Hour for 20 hours to assemble office furniture.
* $40 to lift groceries up stairs.
#8 Side job to make money: becoming a paid blogger
Finally, Make a Living Writing has a huge list of sites that will pay between $50-250 for articles/blog posts. If you like writing, reach out to these sites and see if you can become a writer for them!
Discover which 5 dropshipping niches have SOARED in sales due to staying at home 🏠
►► CHECK OUT OBERLO: https://wholesaleted.com/go/oberlo
►► FREE ECOMMERCE EBOOK: https://wholesaleted.com/4-step
OTHER LINKS REFERENCED:
►► Join The Ecomm Clubhouse Course: https://theecommclubhouse.com
►► Watch Oberlo's Video Interview: https://youtu.be/yO2cKFEnnsA
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WATCH OUR MOST POPULAR VIDEOS:
►► 10 Websites To Make Money Online For FREE: https://youtu.be/EgVir2SKuw0
►► 10 Things To Do BEFORE Starting a Print On Demand Store: https://youtu.be/Y7jRSsr7qbQ
►► How I Made $1000/Day At Age 15 [Animated]: https://youtu.be/kd7bS68o4gA
►► 7 Mistakes I Made That Caused My Store To Fail: https://youtu.be/y1-suzWKgT4
►► 10 Psychological Triggers Used To Make People Buy [Animated]: https://youtu.be/iDdgZbQJ1mA
RECOMMENDED WATCHING - Having Realistic Expectations In Business:
►► https://www.youtube.com/playli....st?list=PLjNYIrpZp6B
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FOLLOW US ON SOCIAL MEDIA!
►► Follow Sarah's Adventures on Instagram: https://www.instagram.com/sarahchrispy/
►► Like us on Facebook: https://www.facebook.com/wholesaleted/
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WHY SUBSCRIBE TO WHOLESALE TED?
A business isn't a way to get rich fast. A business is simply when you learn to do these 3 things really well:
1) Creating or finding great products/services to sell.
2) Putting those products in front of the right customers.
3) Giving those customers a great reason to buy.
And each person will have their own journey to get there with a LOT of hard work & sacrifices along the way 💪👊
On this channel, we discuss all topics for ecommerce business owners (with a sprinkle of motivation thrown in too)!
* Case studies on successful ecommerce stores.
* Tutorials for apps & online tools.
* Low-cost, beginner-friendly product sourcing methods (Print On Demand & Dropshipping).
* Sales psychology tactics to increase conversions & get customers to buy from you & to click on your ads.
* Videos to help you with the "legal stuff" (creating refund policies, setting up taxes, etc).
So if you are someone who is building (or want to build) a REAL business (especially with ecommerce) & want to follow channels with actionable content to help you along your journey & make your store even better, subscribe today! 🔥
Learn how to create a Shopify dropshipping store! Timestamps to each step are in the description.
►► FREE 14-DAY SHOPIFY TRIAL: http://wholesaleted.com/trial/shopify (affiliate link)
►► Ebook: http://wholesaleted.com/4-step ►► Dropship Club: https://thedropshipclub.com
Please note - this video description contains affiliate links.
***OTHER LINKS REFERENCED IN THIS VIDEO***
* Get the Oberlo Shopify App: http://wholesaleted.com/go/oberlo
* Get the Oberlo Chrome Extension: http://wholesaleted.com/go/oberloextension
* Get the free logo maker: http://wholesaleted.com/go/freelogo
***RECOMMENDED VIDEOS TO WATCH***
* Start Dropshipping with Only $50: https://youtu.be/ZY4HQKhRfpo
* How to Make More Money from a Shopify Store: https://youtu.be/yFMPAu_m1nA
* How to Not Get Sued When Dropshipping: https://youtu.be/DtEkAyKapds
This video tutorial contains 16 steps. Click on the timestamps below to skip to each individual step:
Step 1: How to Create a Free Shopify Trial - 2:02
Step 2: How Install the Theme Minimal - 4:29
Step 3: How to Install Oberlo & Update It’s Settings - 5:35
Step 4: How to Install the Oberlo Chrome Extension - 7:26
Step 5: How to Add Products with Oberlo - 8:10
Step 6: How to Edit Product Pages - 10:48
Step 7: How to Add Collections - 17:13
Step 8: How to Add Shipping - 18:14
Step 9: How to Setup Shopify Payments - 20:14
Step 10: How to Setup the Checkout Page - 21:56
Step 11: How to Add an About Us page - 22:36
Step 12: How to Add a Contact page - 23:29
Step 13: How to Add Menus - 24:09
Step 14: How to Customize Theme & Homepage - 27:25
Step 15: How to Add a Domain Name - 32:56
Step 16: How to Remove the Store Password - 34:33
***COMMONLY ASKED QUESTIONS***
Question: I can’t understand your accent. Are you speaking English? Where are you from?
Answer: Yes, I am speaking english! I am from New Zealand. Because my accent can be difficult to understand (and also because we want this video to be accessible to people that can only read English, and to be respectful to the deaf community) we include captions on our videos including this one. Simply click the CC button to have captions turned on so you can read along with the video.
Question: I can’t get Chrome! Can I not use Oberlo?
Answer: There is a work-around using the Oberlo app. Watch my last year’s video to see how else you can use it to add products to your store: https://youtu.be/IakKkA_DWdQ?t=12m15s
Question: Which version of Shopify should I purchase?
Answer: For most people, the normal $29/month plan (Shopify Basic) is great. The additional features of the more expensive $79/month plan (Shopify) are good once you start earning $5,000+ a month. You can upgrade to it later as your store makes money.
Question: Does this work if you live outside of the USA?
Answer: Yes, it does! As I said, I am from New Zealand. I understand that a lot of tutorials are designed around USA citizens and that can be frustrating. Don’t let the fact that you live outside the USA stop you from building a dropshipping business!
Inside our membership, The Dropship Club, we go deeper into some of the challenges that non-USA dropshippers face and give you practical, step-by-step solutions on how to overcome them.
Question: Will customers really wait this long (2-4 weeks) to receive their items?
Answer: Yes, they will - if you warn them in-advance. It is good to add it to your product description and bold it. In a real dropshipping store, this is what I would do. We have a video which explains this here: https://www.youtube.com/watch?v=sBuiN-CVxE4
Question: Won’t customers go to Aliexpress/Amazon.com and purchase the items I’m selling and purchase from there since it is cheaper/faster?
Answer: This is where marketing is key. When creating your product page copy, make sure that it looks the potential customer immediately. That is also why it’s key to be careful about how you choose your Facebook targeting, and be careful about which Instagram influencers you choose to work with for your shoutouts. You want to make sure that you’re advertising to an audience that is super-targeted for the product you are selling, so that when they see it, they get so excited that the buy it then-and-there as an impulse purchase.
This is something that we also discuss in the video, Why Long Shipping Times Don’t Matter.
Question: Do you have any recommendations for marketing stores?
Answer: Yes. My preference is with Facebook ads. Some other great methods are Instagram Influencers & SEO. That is only the beginning though. There are plenty of other ways to advertise stores (including Google ads, building Facebook fan pages etc). I recommend picking one and focusing on it as a beginner.
In this tutorial, learn how to create an AliDropship Woocommerce dropshipping store step-by-step!
►► Get Siteground: http://wholesaleted.com/go/siteground (aff link)
►► Get AliDropship: http://wholesaleted.com/go/alidropship (aff link)
►► Get our free $10,000/Month ebook: http://wholesaleted.com/4-step
***ALL LINKS MENTIONED IN THE VIDEO***
Get Siteground here: http://wholesaleted.com/go/siteground
Get AliDropship here: http://wholesaleted.com/go/alidropship
Go to Chrome Extension Store here: https://chrome.google.com/webs....tore/category/extens
Go to AliDropship Themes Page here: http://wholesaleted.com/go/alidropshipthemes
Go to free logo maker here: http://wholesaleted.com/go/freelogo
Get free ebook here: http://wholesaleted.com/4-step
(Video) How to Dropship Blindly: https://youtu.be/-edMSxkCxJI
(Video) Why Long Shipping Times Don’t Matter: https://youtu.be/sBuiN-CVxE4
(Video) 10 Things to Do BEFORE Dropshipping: https://youtu.be/YPKvNTly7Pg
(Video) How to Not Get Sued When Dropshipping: https://youtu.be/DtEkAyKapds
***TIMESTAMPS FOR EACH STEP***
Step 1: Setup Hosting & Domain with Siteground (2:40)
Step 2: Install Wordpress (7:07)
Step 3: Install Woocommerce (8:31)
Step 4: Install & Activate AliDropship Plugin (Woocommerce Aliexpress importer) (10:09)
Step 5: Install the AliDropship Chrome Extension (13:27)
Step 6: Install the AliDropship Theme - Shopper (14:38)
Step 7: Edit the AliDropship Settings (16:20)
Step 8: Add a Custom Logo & Colour Scheme (18:33)
Step 9: Add Products to Your Store (20:45)
Step 10: Add Product Categories (21:58)
Step 11: Create an About Us Page (22:47)
Step 12: Create a Contact Us Page (23:55)
Step 13: Add a Free Shipping option (24:48)
Step 14: Set up PayPal for the Checkout (26:42)
Step 15: How to Customize the Homepage (28:06)
Step 16: Update the Product Pages (31:47)
Step 17: Add a Store Menu (39:39)
Learn how to sell on Amazon as a BEGINNER (the 4-step system to selling on Amazon).
►► Free 10k/month ebook: http://wholesaleted.com/4-step
►► How to Launch Your First Amazon FBA Product: https://www.youtube.com/watch?v=JPwscpE-53g
TUTORIAL: How to Create a Wix Store (timestamps in video description)
►► GET WIX HERE: https://wholesaleted.com/go/get-wix (affiliate link)
►► FREE $10,000/Month ebook: http://wholesaleted.com/4-step
***TIMESTAMPS FOR TUTORIAL***
Step 1 - How to Create a Wix Account: 2:20
Step 2 - How to Add Product Collections: 4:43
Step 3 - Edit the General Settings: 6:19
Step 4 - How to Add Products to a Wix Store: 8:42
Step 5 - Customize Product Page Design: 11:12
Step 6 - Add Payment Providers to Wix Store: 15:54
Step 7 - How to Add Shipping Options: 18:40
Step 8 - How to Design a Homepage for your Wix Store: 20:57
Step 9 - How to Customize the Product Catalog Page: 34:42
Step 10 - Design Product Category Pages: 40:34
Step 11 - How to Create a Page in Wix: 44:29
Step 12 - How to Edit the Wix Site Menu: 47:01
Step 13 - Edit the Shopping Cart Design: 49:00
Step 14 - Edit the Thank You Page: 51:54
Step 15 - How to Buy a Domain Name & Send Store Live: 53:10
I react & explain why these products are VIRAL & earning money right now!
► Free $10,000/Month Ebook: https://wholesaleted.com/4-step
► My Print On Demand Course: https://theecommclubhouse.com
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WATCH MY MOST POPULAR VIDEOS:
►► How I Make $1,000/Day From 5 Sources Of Income: https://youtu.be/jCqIGxA5S-k
►► How To Start A T-Shirt Business For Free: https://youtu.be/7ZlZFPBWC74
►► 100 Apps & Websites To Earn Free Money: https://youtu.be/3LGlTsDMonk
►► Get $10,000/Month Uploading Basic Videos: https://youtu.be/069EaiaNenw
►► The REAL Reason I Became A Millionaire: https://youtu.be/70itsEHS-EM
RECOMMENDED WATCHING - My "Legal Stuff" Playlist:
►► https://www.youtube.com/watch?v=KFflowGny4A&list=PLjNYIrpZp6Bguz_uwcn5CS0TJZ_5PoOTw
Got any questions about "legal stuff" like copyrights, trademarks & refunds? Chances are, by watching these videos, you'll have most of your questions answered!
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WHOLESALE TED AFFILIATE LINKS
A lot of people have requested that I posted my affiliate links so that they can register through them as a thank-you for my free tutorial content on YouTube. Thank you so much for your support! If you would like to use my affiliate links, I would greatly appreciate it as it enables me to keep making YouTube videos for free:
►► GET A 14-DAY TRIAL TO SHOPIFY: https://wholesaleted.com/go/free-shopify-trial
►► GET MY FAVOURITE LIFESTYLE PHOTO APP PLACEIT: https://wholesaleted.com/go/placeit
►► GET MY FAVOURITE DESIGN APP CANVA: https://wholesaleted.com/go/canva
►► REGISTER FOR PRINTIFY: https://wholesaleted.com/go/printify
►► REGISTER FOR PRINTFUL: https://wholesaleted.com/go/printful
Please note: an affiliate link tracks whether you click on the link, and register and/or make a purchase. If you do, I may get a commission. Using affiliate links is optional but again, it enables me to keep making my YouTube tutorial content free & I greatly appreciate the support, thank you!
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FOLLOW ME ON SOCIAL MEDIA!
►► Follow Sarah's Adventures on Instagram: https://www.instagram.com/sarahchrispy/
►► Like us on Facebook: https://www.facebook.com/wholesaleted/
►► Follow Sarah on TikTok: https://www.tiktok.com/@sarahchrisp
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WHY SUBSCRIBE TO WHOLESALE TED?
Hey there I am Sarah (aka Ted). On this channel, I discuss topics for online entrepreneurs building businesses. And here is the truth when it comes to building a business: it isn't a way to get rich fast. Nope. A business is simply when you learn to do these 3 things really well:
1) Creating or finding great products/services to sell.
2) Putting those products in front of the right customers.
3) Giving those customers a great reason to buy.
And each person will have their own journey to get there with a LOT of hard work & sacrifices along the way 💪👊 here on this channel, I make videos to help entrepreneurs along this journey. Some of the topics I discuss are:
* Case studies of successful online businesses.
* Tips, tricks & strategies on choosing the right online business for you.
* How to make & sell products with ecommerce using beginner-friendly product sourcing methods (such as Print On Demand).
* Tips & strategies to scale to more advanced product sourcing strategies (like wholesale fulfillment centers).
* Help with some of the "legal stuff" (like trademarks & copyrights when doing business online).
* And a sprinkle of entrepreneurial motivation thrown in too!
I hope my actionable content can help you: whether you're running your own online business/online store, or are in the process of building one, and want some tactical advice to help you along the way. If that is you, subscribe today! 🔥
RECOMMENDED WATCHING - Having Realistic Expectations In Business:
►► https://www.youtube.com/playli....st?list=PLjNYIrpZp6B
STEP-BY-STEP TUTORIAL! Create an AliDropship Woocommerce store! (Updated)
►► Follow along! Get AliDropship: https://wholesaleted.com/go/alidropship (aff link)
►► Follow along! Get Siteground: https://wholesaleted.com/go/siteground (aff link)
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SKIP AHEAD TO A STEP IN THE VIDEO:
Step 1 - Setup Web Hosting & Domain: https://youtu.be/qIHbU0iGtaA?t=145
Step 2 - Install Wordpress: https://youtu.be/qIHbU0iGtaA?t=381
Step 3 - Install Woocommerce: https://youtu.be/qIHbU0iGtaA?t=454
Step 4 - Install the AliDropship Plugin: https://youtu.be/qIHbU0iGtaA?t=548
Step 5 - Install the AliDropship Chrome Extension: https://youtu.be/qIHbU0iGtaA?t=650
Step 6 - Install the AliDropship Theme Shopper: https://youtu.be/qIHbU0iGtaA?t=704
Step 7 - Update the AliDropship Theme Settings: https://youtu.be/qIHbU0iGtaA?t=790
Step 8 - Add a Custom Logo & Color Scheme: https://youtu.be/qIHbU0iGtaA?t=925
Step 9 - Add Products From Aliexpress to Your Store: https://youtu.be/qIHbU0iGtaA?t=1044
Step 10 - Add Product Categories: https://youtu.be/qIHbU0iGtaA?t=1104
Step 11 - Create an About Us Page: https://youtu.be/qIHbU0iGtaA?t=1172
Step 12 - Create an Contact Us Page: https://youtu.be/qIHbU0iGtaA?t=1232
Step 13 - Add Shipping For Your Products: https://youtu.be/qIHbU0iGtaA?t=1310
Step 14 - Add the PayPal Payment Gateway: https://youtu.be/qIHbU0iGtaA?t=1385
Step 15 - Customize the Homepage: https://youtu.be/qIHbU0iGtaA?t=1431
Step 16 - Update the Product Pages: https://youtu.be/qIHbU0iGtaA?t=1562
Step 17 - Create the Menu: https://youtu.be/qIHbU0iGtaA?t=2080
LINKS MENTIONED IN THIS VIDEO:
►► GET SITEGROUND (aff link): https://wholesaleted.com/go/siteground
►► GET ALIDROPSHIP (aff link): https://wholesaleted.com/go/alidropship
►► The AliDropship Chrome Extension: https://chrome.google.com/webs....tore/detail/alidrops
►► Get the Shopper Theme (aff link): http://wholesaleted.com/go/alidropshipthemes
►► Get a Logo On Fiverr (aff link): https://wholesaleted.com/go/fiverr
►► VIDEO - Why I Recommend Beginners Dropship only to the USA: https://youtu.be/YPKvNTly7Pg?t=27
►► Pixabay: https://pixabay.com/
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FOLLOW US ON SOCIAL MEDIA!
►► Follow Sarah's Adventures on Instagram: https://www.instagram.com/sarahchrispy/
►► Follow us on Facebook: https://www.facebook.com/wholesaleted/
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WHY SUBSCRIBE TO WHOLESALE TED?
Hey there - it's me Sarah. Y'know, lots of people say to me, "Sarah - I want to quit my job, I want to be a millionaire too. How can I do that?"
Well, my answer is always the same. You have 3 ways to do that:
1) You can get lucky and win the lottery.
2) You can get lucky, and be born into a wealthy family.
3) You can make your OWN luck, and build a successful business.
Here on this channel, that is what we're dedicated to helping you do. Our videos are packed with actionable advice on how you can start, grow and scale your own successful online business. Subscribe today and start YOUR journey!
Watch our massively updated for 2019 Shopify Aliexpress Dropshipping tutorial now!
►► GET THE FREE 14-DAY SHOPIFY TRIAL: https://wholesaleted.com/go/shopify (aff link)
►► FREE EBOOK: http://wholesaleted.com/4-step
***OTHER LINKS MENTIONED IN THE VIDEO***
►► STEP-BY-STEP Dropshipping Training Course: https://thedropshipclub.com
►► Chrome App Store/Web Store: https://chrome.google.com/webstore/
►► Download Chrome: https://www.google.com/chrome/
►► Get a Logo On Fiverr: https://wholesaleted.com/go/fiverr (aff link)
***OTHER WHOLESALE TED VIDEOS REFERENCED***
►► Why You AREN’T Making Sales: https://youtu.be/NqhaDTsCEe8
►► 10 Things To Do BEFORE Dropshipping: https://youtu.be/YPKvNTly7Pg
***TIMESTAMPS FOR EACH STEP*** - Skip ahead to the step you want to watch.
Step 1: Sign Up For The FREE Shopify 14-Day Trial 2:20
Step 2: Install The Free Shopify Theme Minimal 4:26
Step 3: Install The Oberlo Shopify App 5:40
Step 4: Install The Oberlo Chrome Extension 9:16
Step 5: Add Aliexpress Products To Your Store With Oberlo 10:24
Step 6: Add Product Collections 12:34
Step 7: Edit Your Product Pages 14:17
Step 8: Add FREE Trust Badges To Your Product Pages (NEW in the 2019 Shopify dropshipping tutorial) 20:49
Step 9: Add Free Shipping To Your Orders 22:37
Step 10: Set Up Shopify Payments & PayPal (BIG update for the 2019 Shopify dropshipping tutorial) 25:11
Step 11: Add Branding To Your Store Checkout 29:14
Step 12: Create An About Us Page 31:26
Step 13: Create An Contact Us Page 33:44
Step 14: Add Menus To Your Store 34:23
Step 15: Create Your Store Design & Homepage 37:56
Step 16: Add A Store Favicon (NEW in the 2019 Shopify dropshipping tutorial) 44:13
Step 17: Add Facebook Messenger Livechat (NEW in the 2019 Shopify dropshipping tutorial) 45:13
Step 18: Select A Payment Plan 47:31
Step 19: Choose A Domain Name 48:44
Step 20: Send Your Store LIVE! 50:57
Learn how teenagers are LEGALLY making money online :)
► Get my free ebook: https://wholesaleted.com/4-step
► Get my ecommerce course: https://theecommclubhouse.com
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WATCH MY MOST POPULAR VIDEOS:
►► How I Make $1,000/Day From 5 Sources Of Income: https://youtu.be/jCqIGxA5S-k
►► How To Start A T-Shirt Business For Free: https://youtu.be/7ZlZFPBWC74
►► 100 Apps & Websites To Earn Free Money: https://youtu.be/3LGlTsDMonk
►► Get $10,000/Month Uploading Basic Videos: https://youtu.be/069EaiaNenw
►► The REAL Reason I Became A Millionaire: https://youtu.be/70itsEHS-EM
RECOMMENDED WATCHING - My "Legal Stuff" Playlist:
►► https://www.youtube.com/watch?v=KFflowGny4A&list=PLjNYIrpZp6Bguz_uwcn5CS0TJZ_5PoOTw
Got any questions about "legal stuff" like copyrights, trademarks & refunds? Chances are, by watching these videos, you'll have most of your questions answered!
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WHOLESALE TED AFFILIATE LINKS
A lot of people have requested that I posted my affiliate links so that they can register through them as a thank-you for my free tutorial content on YouTube. Thank you so much for your support! If you would like to use my affiliate links, I would greatly appreciate it as it enables me to keep making YouTube videos for free:
►► GET A 14-DAY TRIAL TO SHOPIFY: https://wholesaleted.com/go/free-shopify-trial
►► GET MY FAVOURITE LIFESTYLE PHOTO APP PLACEIT: https://wholesaleted.com/go/placeit
►► GET MY FAVOURITE DESIGN APP CANVA: https://wholesaleted.com/go/canva
►► REGISTER FOR PRINTIFY: https://wholesaleted.com/go/printify
►► REGISTER FOR PRINTFUL: https://wholesaleted.com/go/printful
Please note: an affiliate link tracks whether you click on the link, and register and/or make a purchase. If you do, I may get a commission. Using affiliate links is optional but again, it enables me to keep making my YouTube tutorial content free & I greatly appreciate the support, thank you!
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VIDEO CHAPTERS:
0:00 - Why Teens Often Struggle Earning Money Online
2:08 - Earn Free Cash Answering Surveys & Polls
4:08 - Earn Money By Starting A TikTok
7:58 - Earn Free Cash By Starting A Merch Store
12:01 - Earn Free Cash By Scanning Receipts
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FOLLOW ME ON SOCIAL MEDIA!
►► Follow Sarah's Adventures on Instagram: https://www.instagram.com/sarahchrispy/
►► Like us on Facebook: https://www.facebook.com/wholesaleted/
►► Follow Sarah on TikTok: https://www.tiktok.com/@sarahchrisp
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WHY SUBSCRIBE TO WHOLESALE TED?
Hey there I am Sarah (aka Ted). My goal is to help new entrepreneurs grow & scale a business that is right for THEM!
Yes: the right business for THEM. Because there is no "best business" - there are just different businesses. Here on this channel, my mission is to help everyone choose a business to pursue that is right for them. And so a business that I enjoy running, may not be one that you would enjoy.
Because here is the truth when it comes to building a business: it isn't a way to get rich fast. Nope. A business is simply when you learn to do these 3 things really well:
1) Creating or finding great products/services to sell.
2) Putting those products in front of the right customers.
3) Giving those customers a great reason to buy.
And each person will have their own journey to get there with a LOT of hard work & sacrifices along the way 💪👊 which is why I believe that choosing the right business that you are passionate about is crucial! Here are some ways that I help new entrepreneurs do that:
* I show case studies of my businesses that I own & I enjoy running (such as Print On Demand ecommerce businesses), sharing my tips & strategies I've learned along the way.
* I show case studies of other businesses that other entrepreneurs enjoy (even if I personally wouldn't want to do them myself!).
* I make videos answering some of the "legal" questions people have when creating a new business (such as questions about copyrights & trademarks).
* Plus there is a sprinkle of entrepreneurial motivation thrown in too!
I hope my actionable content can help you: whether you're running your own online business, or are in the process of building one, and want some tactical advice to help you along the way. If that is you, subscribe today! 🔥
RECOMMENDED WATCHING - Having Realistic Expectations In Business:
►► https://www.youtube.com/playli....st?list=PLjNYIrpZp6B
Discover 100 FREE businesses & side hustle ideas you can start to earn money!
► Free $10,000/Month Ebook: https://wholesaleted.com/4-step
► My Print On Demand Course: https://theecommclubhouse.com
► Get 40 free Etsy listings by clicking on the affiliate link from any of these Etsy sellers: https://www.etsy.com/market/40_free_listings
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WATCH MY MOST POPULAR VIDEOS:
►► How I Make $1,000/Day From 5 Sources Of Income: https://youtu.be/jCqIGxA5S-k
►► 100 Apps & Websites To Earn Free Money: https://youtu.be/3LGlTsDMonk
►► The REAL Reason I Became A Millionaire: https://youtu.be/70itsEHS-EM
►► How To Start A T-Shirt Business For Free: https://youtu.be/7ZlZFPBWC74
►► My Merch By Amazon Experiment: https://youtu.be/7mBdqR8Q0Og
RECOMMENDED WATCHING - My "Legal Stuff" Playlist:
►► https://www.youtube.com/watch?v=KFflowGny4A&list=PLjNYIrpZp6Bguz_uwcn5CS0TJZ_5PoOTw
Got any questions about "legal stuff" like copyrights, trademarks & refunds? Chances are, by watching these videos, you'll have most of your questions answered!
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TIME STAMPS & VIDEO CHAPTERS FOR EACH STEP:
Introduction To Free Businesses & Side Hustles: 0:00
Examples Of Popular Free Businesses & Side Hustles: 1:22
Etsy Passive Income Digital Download Business Ideas: 7:45
Earn $63/Hour With A Practical Skill Business: 12:17
Side Hustles That Pay You To Shop: 13:42
Start A Rental Business To Earn $1,000+ Passively: 15:10
Business Ideas That Pay You To Play With Animals: 16:42
Start One Of These FREE Ecommerce Businesses: 18:09
Start A Business That Pays You To Drive: 22:28
Become The Next Internet NFT Millionaire! 23:24
Earn Passive Money With Your Art: 24:46
Start A Writing Business: 25:48
Get Paid Up To $22/Hour To Teach Online: 27:22
Earn Passive Income Selling Photos & Videos: 28:47
Start A Flexible Translation Business: 31:01
Earn $10,000/Year By Sharing Your Opinions: 32:09
Start A Live Event Business: 34:47
Start A Fun Travel Business: 37:43
Earn $10,000/Month With A YouTube Channel: 39:18
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WHOLESALE TED AFFILIATE LINKS
A lot of people have requested that I posted my affiliate links so that they can register through them as a thank-you for my free tutorial content on YouTube. Thank you so much for your support! If you would like to use my affiliate links, I would greatly appreciate it as it enables me to keep making YouTube videos for free:
►► GET A 14-DAY TRIAL TO SHOPIFY: https://wholesaleted.com/go/free-shopify-trial
►► GET MY FAVOURITE LIFESTYLE PHOTO APP PLACEIT: https://wholesaleted.com/go/placeit
►► GET MY FAVOURITE DESIGN APP CANVA: https://wholesaleted.com/go/canva
►► REGISTER FOR PRINTIFY: https://wholesaleted.com/go/printify
►► REGISTER FOR PRINTFUL: https://wholesaleted.com/go/printful
Please note: an affiliate link tracks whether you click on the link, and register and/or make a purchase. If you do, I may get a commission. Using affiliate links is optional but again, it enables me to keep making my YouTube tutorial content free & I greatly appreciate the support, thank you!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
FOLLOW ME ON SOCIAL MEDIA!
►► Follow Sarah's Adventures on Instagram: https://www.instagram.com/sarahchrispy/
►► Like us on Facebook: https://www.facebook.com/wholesaleted/
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
WHY SUBSCRIBE TO WHOLESALE TED?
Hey there I am Sarah (aka Ted). On this channel, I discuss topics for online entrepreneurs building businesses. And here is the truth when it comes to building a business: it isn't a way to get rich fast. Nope. A business is simply when you learn to do these 3 things really well:
1) Creating or finding great products/services to sell.
2) Putting those products in front of the right customers.
3) Giving those customers a great reason to buy.
And each person will have their own journey to get there with a LOT of hard work & sacrifices along the way 💪👊 here on this channel, I make videos to help entrepreneurs along this journey. Some of the topics I discuss are:
* Case studies of successful online businesses.
* Tips, tricks & strategies on choosing the right online business for you.
* How to make & sell products with ecommerce using beginner-friendly product sourcing methods (such as Print On Demand).
* Tips & strategies to scale to more advanced product sourcing strategies (like wholesale fulfillment centers).
* Help with some of the "legal stuff" (like trademarks & copyrights when doing business online).
* And a sprinkle of entrepreneurial motivation thrown in too!
I hope my actionable content can help you: whether you're running your own online business/online store, or are in the process of building one, and want some tactical advice to help you along the way. If that is you, subscribe today! 🔥
RECOMMENDED WATCHING - Having Realistic Expectations In Business:
►► https://www.youtube.com/playli....st?list=PLjNYIrpZp6B
Watch my beginner friendly tutorial to create a Shopify online store!
►► 14-DAY FREE SHOPIFY TRIAL: https://wholesaleted.com/get/free-shopify-trial
►► GET MY FREE EBOOK: https://wholesaleted.com/4-step
►► THE ECOMM CLUBHOUSE COURSE: https://theecommclubhouse.com
This is my updated tutorial for those of you creating your store for 2022.
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LINKS MENTIONED IN THE VIDEO:
►► GET A FREE PLACEIT ACCOUNT: https://wholesaleted.com/go/placeit (affiliate link)
►► GET CANVA: https://wholesaleted.com/go/canva (affiliate link)
►► Learn With Shopify Video Collab: https://youtu.be/vFRTsOP74Yk
►► Free Shopify Video Course: https://www.shopify.com/learn/....course/creativity-fo
►► My favorite logo gig: https://wholesaleted.com/go/fiverrlogo (affiliate link)
Please note, if you click an affiliate link and register or purchase a product/subscription after doing so, I may get a commission on the sale. Using affiliate links is optional but it is always very much appreciated. Thank you so much for taking the time to use one & support the channel as it helps enable me to keep making free tutorials like this!
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TIME STAMPS & VIDEO CHAPTERS FOR EACH STEP:
Store Preview - 0:00
Step 1: Claim Your FREE Shopify 14-Day Trial - 4:53
Step 2: Install The FREE Shopify Theme (Simple) - 7:27
Step 3: Create Product Collections - 10:57
Step 4: Add & Edit Simple Product Pages - 11:55
Step 5: Add & Edit Product Pages With Variations - 19:57
Step 6: Create An About Us Page - 26:26
Step 7: Create An Contact Us Page - 28:12
Step 8: Setup Payment Processors (Shopify Payments & PayPal) - 29:15
Step 9: Create & Add Legal Pages - 35:51
Step 10: Add Footer & Navigational Menus - 43:07
Step 11: Add Shipping Options - 46:29
Step 12: Customize Store Design & Homepage - 51:59
Step 13: Choose Your Shopify Plan - 1:06:44
Step 14: Add A Custom Domain URL - 1:09:31
Step 15: Remove Your Store Password & Send Your Store LIVE! - 1:12:19
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WATCH MY MOST POPULAR VIDEOS:
►► How I Make $1,000/Day From 5 Sources Of Income: https://youtu.be/jCqIGxA5S-k
►► The REAL Reason I Became A Millionaire: https://youtu.be/70itsEHS-EM
►► 5 Apps I Use To Earn Money On Autopilot: https://youtu.be/3SigfkatIuk
RECOMMENDED WATCHING - My "Legal Stuff" Playlist:
►► https://www.youtube.com/watch?v=KFflowGny4A&list=PLjNYIrpZp6Bguz_uwcn5CS0TJZ_5PoOTw
Got any questions about "legal stuff" like copyrights, trademarks & refunds? Chances are, by watching these videos, you'll have most of your questions answered!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
FOLLOW ME ON SOCIAL MEDIA!
►► Follow Sarah's Adventures on Instagram: https://www.instagram.com/sarahchrispy/
►► Like us on Facebook: https://www.facebook.com/wholesaleted/
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
WHY SUBSCRIBE TO WHOLESALE TED?
A business isn't a way to get rich fast. A business is simply when you learn to do these 3 things really well:
1) Creating or finding great products/services to sell.
2) Putting those products in front of the right customers.
3) Giving those customers a great reason to buy.
And each person will have their own journey to get there with a LOT of hard work & sacrifices along the way 💪👊
On this channel, we discuss all topics for ecommerce business owners (with a sprinkle of motivation thrown in too)!
* Case studies on successful ecommerce stores.
* Tutorials for apps & online tools.
* Low-cost, beginner-friendly product sourcing methods (such as Print On Demand & Dropshipping).
* Sales psychology tactics to increase conversions & get customers to buy from you & to click on your ads.
* Videos to help you with the "legal stuff" (creating refund policies, setting up taxes, etc).
So if you are someone who is building (or want to build) a REAL business (especially with ecommerce) & want to follow channels with actionable content to help you along your journey & make your store even better, subscribe today! 🔥
RECOMMENDED WATCHING - Having Realistic Expectations In Business:
►► https://www.youtube.com/playli....st?list=PLjNYIrpZp6B
Step-by-step tutorial on how to hire a virtual assistant & how to use Upwork & OnlineJobs.ph when hiring VAs.
Onlinejobs.ph: http://wholesaleted.com/go/onlinejobsph Free ebook: http://wholesaleted.com/4-step
How to make passive income video: https://www.youtube.com/watch?v=NlgCkmappIg
In this video, we are going to give you a step-by-step tutorial which will teach you how to hire a virtual assistant. We are going to show you how to use Upwork when hiring VAs, and how to use OnlineJobs.ph.
Virtual assistants (otherwise known as VAs) are remote employees that you can hire from anywhere in the world. When people hire VAs, they usually have two questions:
1) What websites should you use when hiring VAs?
2) When countries should you hire virtual assistants from (the answers here may surprise you!)
Question #1 on how to hire a virtual assistant: What websites should I use to hire virtual assistants?
We have two websites that we use when hiring VAs: Upwork & OnlibeJobs.ph. Here is a quick tutorial on how to hire a virtual assistant on Upwork:
***Posting a Job on Upwork***
1) Sign into your account and click “post job.”
2) On the job listing page, the first thing you’ll need to do is select the type of job you are posting. When you are hiring a VA I recommend starting with a fixed-term contract. This let’s both you you see if you like working together. You can then move to a permanent job from there if you want to.
3) Select the category of what the job will be.
4) Write a job title. Make sure this is very detailed.
5) Write a job description. Again, the more descriptive, the better.
6) You can add an attachment to your listing. One thing we like to do is do a screen capture video to show what tasks need to be completed, and then add that to the listing.
7) Select how many freelancers you want to hire. Our recommendation is you only 1 when you are first getting started.
8) Select what type of project it will be. We recommend selecting fixed-term when first working with a VA and then moving to a permanent position from there.
9) Select how you will pay the VA. For a fixed position, you will usually pay a fixed price. For a permanent on-going position, you will usually pay by the hour.
10) Select what experience level you are looking for. The hourly rate listed under each experience level is only relevant for USA-based VAs, so ignore them. I recommend selecting intermediate-experienced.
11) Select how long you expect the job to last. For fixed term jobs, it is usually 1-4 weeks.
12) Note down the expected time commitment.
13) Select the box that says that only freelancers on Upwork can find your job. This stops your competitors from finding your jobs.
14) You can select qualifications, although it is an optional section.
15) We recommend selecting it so that applicants are required to include a cover letter.
And that’s it - post your job, and you’re done!
Here is a quick tutorial on how to hire a virtual assistant on OnlineJobs.ph:
***Posting a job listing on OnlineJobs.ph***
1) Sign into your account and click “post job.”
2) Add a descriptive title to your listing.
3) Add a detailed job description.
4) Type in what the payment will be. I recommend using either USD or PHP. For a fixed-term contract, type in a fixed price. For an on-going job, type in an hourly rate.
5) We recommend requiring an ID score of at least 70.
6) Select the skills required. We recommend requiring written & verbal English skills.
7) Type in your email address & name.
And that’s it! You’re done.
Question #2 on how to hire a virtual assistant: What country should I hire my VA from?
There is no country that is “better” than the other. If you are hiring from an anglo-European country be prepared to pay much higher prices as the median salaries are very high.
Most people want to know how to hire a virtual assistant for the lowest cost possible. These are the most common countries to hire from:
* India: Median salary is $620 USD a month.
* Philippines: Median salary is $570 USD a month.
* Pakistan: Median salary is $480 USD a month.
* Sri Lanka: Median salary is $400 USD a month.
Our personal preference is to hire virtual assistants if we can from the Philippines because the time zone is closest to our own so our work days overlap. But you may find that your timezone matches better with someone based in say, Pakistan.
English is also widely spoken in the Philippines, so a higher density of applicants are fluent in it, which makes the hiring process easier. But you may find the right VA in another country. There is no “right” or “wrong” country.
One last piece of advice on how to hire a Virtual Assistant: Treat all of your employees well. Your employees will make or break your business. Be a great boss!
Step-by-step tutorial to create a Shopify dropshipping store with Oberlo & Aliexpress!
►► 14-DAY FREE SHOPIFY TRIAL: https://wholesaleted.com/get/shopify (affiliate link)
►► GET MY FREE EBOOK: https://wholesaleted.com/4-step
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OTHER LINKS MENTIONED IN THE VIDEO:
►► THE ECOMM CLUBHOUSE COURSE: https://theecommclubhouse.com
►► CHROME: https://www.google.com/chrome/
►► CHROME APP STORE: https://chrome.google.com/webs....tore/category/extens
►► OBERLO VIDEO COLLAB: https://youtu.be/Pwf4q5KblQA
►► MY OBERLO PODCAST: https://www.oberlo.com/podcast..../how-to-launch-a-pro
►► MY OBERLO COURSE: https://learn.oberlo.com/creat....ivity-for-business-s
►► FIVERR LOGO GIG: https://wholesaleted.com/go/fiverrlogo (affiliate link)
►► FREE CANVA APP: https://wholesaleted.com/go/canva (affiliate link)
Please note, if you click an affiliate link and register or purchase a product/subscription after doing so, I may get a commission on the sale. Using affiliate links is optional but it is always very much appreciated. Thank you so much for taking the time to use one & support the channel as it helps enable me to keep making free tutorials like this!
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TIME STAMPS FOR EACH STEP:
3:15 - Step 1: How To Get A FREE 14-Day Trial To Shopify
5:56 - Step 2: How To Install The Free Shopify Theme - Simple
8:16 - Step 3: How To Install The Free App Oberlo & Update It's Settings
12:02 - Step 4: How To Install The Free Oberlo Chrome Extension 12:02
13:07 - Step 5: How To Add Products From Aliexpress Into Your Store With Oberlo
17:45 - Step 6: How To Find USA Based Products To Dropship With FAST Shipping
21:39 - Step 7: How To Add Product Collections
23:19 - Step 8: How To Edit Product Pages
29:52 - Step 9: How To Set Up Shopify Payments
34:50 - Step 10 How To Add Shipping
40:13 - Step 11: How To Change Your Store's Currency
41:15 - Step 12: How To Update Store Email Notifications
43:43 - Step 13: How To Create An About Us Page
44:43 - Step 14: How To Create A Contact Us Page
45:39 - Step 15: How To Add A Store Menu
48:09 - Step 16: How To Customize The Theme, Design & Homepage
1:01:26 - Step 17: How To Choose A Shopify Plan
1:03:40 - Step 18: How To Add A Domain Name
1:06:11 - Step 19: How To Remove The Store Password & Send Our Store LIVE!
1:07:54 - Step 20: How To Order Items For Customers With Oberlo
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WATCH MY MOST POPULAR VIDEOS:
►► How I Make $1,000/Day From 5 Sources Of Income: https://youtu.be/jCqIGxA5S-k
►► The REAL Reason I Became A Millionaire: https://youtu.be/70itsEHS-EM
►► 5 Apps I Use To Earn Money On Autopilot: https://youtu.be/3SigfkatIuk
RECOMMENDED WATCHING - My "Legal Stuff" Playlist:
►► https://www.youtube.com/watch?v=KFflowGny4A&list=PLjNYIrpZp6Bguz_uwcn5CS0TJZ_5PoOTw
Got any questions about "legal stuff" like copyrights, trademarks & refunds? Chances are, by watching these videos, you'll have most of your questions answered!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
FOLLOW ME ON SOCIAL MEDIA!
►► Follow Sarah's Adventures on Instagram: https://www.instagram.com/sarahchrispy/
►► Like us on Facebook: https://www.facebook.com/wholesaleted/
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
WHY SUBSCRIBE TO WHOLESALE TED?
A business isn't a way to get rich fast. A business is simply when you learn to do these 3 things really well:
1) Creating or finding great products/services to sell.
2) Putting those products in front of the right customers.
3) Giving those customers a great reason to buy.
And each person will have their own journey to get there with a LOT of hard work & sacrifices along the way 💪👊
On this channel, we discuss all topics for ecommerce business owners (with a sprinkle of motivation thrown in too)!
* Case studies on successful ecommerce stores.
* Tutorials for apps & online tools.
* Low-cost, beginner-friendly product sourcing methods (such as Print On Demand & Dropshipping).
* Sales psychology tactics to increase conversions & get customers to buy from you & to click on your ads.
* Videos to help you with the "legal stuff" (creating refund policies, setting up taxes, etc).
So if you are someone who is building (or want to build) a REAL business (especially with ecommerce) & want to follow channels with actionable content to help you along your journey & make your store even better, subscribe today! 🔥
RECOMMENDED WATCHING - Having Realistic Expectations In Business:
►► https://www.youtube.com/playli....st?list=PLjNYIrpZp6B
The truth about how people can afford to buy Lamborghini's...
►► Download Our Free Ebook: http://wholesaleted.com/4-step
►► How to Start a Dropship Store for $50: https://youtu.be/ZY4HQKhRfpo
The truth is, spending $200,000 on exotic cars like Lamborghini’s is a terrible investment. Why? It’s a depreciating asset! Instead, there are loads of other smarter investments you can make with your money, like a rental property - and earn a 10% return each year.
Depreciating car? Or a 10% return each year? Come on, I know which choice most people would make.
However, there is an exception: buying a Lamborghini on FINANCE. I have several friends who are successful in business - and this is exactly how they purchased theirs.
How did they do it? Well, they used this simple strategy...
1)Take $200,000 of their cash, then set aside $40,000 of it to be a 20% deposit on the car (or whatever the minimum deposit is)
2) Secure a low-interest 2% loan from the bank for the rest of the $160,000
3) Take the other $160,000 they have, and purchase a rental property with it, or invest into another asset.
And the proceeds of that asset help to pay off their car too. Sort of like having your cake and eating it.
You might think this is possible if you just get a good job and raise $40,000 in a few years, but there’s the twist: if you’ve got a job, banks won’t lend you the rest of the money. Banks only loan you as much as you make in a year, so to loan $160,000, you’re going to need to earn $160,000. And there are very few jobs that earn this much.
Quite frankly, this is a classic example of how the “rich get richer.” People who earn less have to waste more of their savings on their deposit, losing out on extra money earned by investing it into an appreciable asset. Whereas, those with more money get to invest LESS, and widen their income gap further by getting to invest more of their leftover money into other assets.
So yes, while you can save up to buy a Lamborghini with a job, most people wouldn’t spend their money that way.
Luckily, there’s another way...START YOUR OWN BUSINESS.
When it comes to owning supercars, the only people I know who own these are entrepreneurs and business owners. With jobs, there always an earning cap - since you exchange your time for money. And with only so many hours in a day you can work, once you’ve given all of them, that’s it - you’re sold out. However, with business, you make money through buying OTHER people’s time, then use those people to earn passive income.
One business we teach subscribers on our channel is Dropshipping. In case you don’t know, Dropshipping is when you open an online store, but you don’t need to purchase any items in-advance - as you only pay for the item AFTER the customer purchases.
Instead of buying stock in advance, you purchase each item individually from a manufacturer who is willing to ship it to your customer for you. Your job is to list the item at a mark-up price on your website, then when you’ve purchased it from the manufacturer, you keep the difference as profit.
At the start though, you’ll have to give up your free time to set up the store. And it may take a while to start making money since there’s also a learning curve. PLUS, you’re going have to start your business with your own money.
And so most people would look at this, and rather spend their evenings doing something like watching Netflix. So, they either give up, or never even try to start their own business.
But there’s people like Reynard, who doesn’t give up, spends his time and money, and doesn’t stop until he’s built a successful, profitable store. And its people like Reynard that will one day have the money to buy their own Lamborghini.
How? Let’s say Reynard spends 1-2 hours each day growing his store until it’s making $5,000 a month. He can then go and take $1,500 of that money and hire someone to run the store for him each month instead. Now he’s making $3,500 a month - PASSIVELY. Even as he sleeps, customers come in and purchase items from him.
But he doesn’t stop there. Now he’s outsourced the running of his store to an employee, he uses the time he’s gained to build ANOTHER store. Faster this time, as there’s no learning curve and he can just follow the formula he developed. And he builds THAT store up to $5,000 a month.
What do you think he does next? Yep, he repeats the process again…and again…and again.
Reynard has escaped the trap of spending his time to make money. Instead, he uses MONEY to make MONEY by finding OTHER people willing to exchange THEIR time to earn money.
The reality is, if you’d like a Lamborghini, then a job isn’t going to get you it. Instead, invest your free time wisely to grow and start a business that can turn into a passive income source. So, one day, you’ll be able to get your very own Lamborghini.