Dropshipping: The #1 Step-by-Step Guide to $100,000 Passive Income: Make Money Online with E-Commerce, Shopify, Affiliate Marketing, Amazon FBA, Instagram, and Facebook Advertising
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About this ebook
You have heard about the possibility of creating a lucrative business with dropshipping, but aren't quite sure where to start? Generating passive income without doing any work sounds appealing, but you aren't sure how to grow a business to that point? If so, then Dropshipping, The #1 Step-by-Step Guide to $100,000 Passive Income: Make Money Online with E-Commerce, Shopify, Affiliate Marketing, Amazon FBA, Instagram, and Facebook Advertising is the e-book for you.
Creating an e-commerce business is not as easy as setting up a website and waiting for sales. Whether you have experience in retail or not, dropshipping is a whole different ball game. With no inventory to buy, handle, or store—dropshipping changes the game when it comes to selling in an online space. Without the hassle of keeping inventory in check, dropshipping eliminates the need to put tons of money up front for a business. In fact, the upfront fees associated with starting up a dropshipping business are astronomically low compared to other business endeavors. Because of this, dropshipping has become a very popular side business for entrepreneurs.
In today's economy, everyone is looking for a side hustle to make more money. Maybe their full-time job just doesn't cut it? With little risk and the potential of high reward, dropshipping is a side hustle that almost anyone who is willing to put in the hard work can start. Within this e-book, chapters filled with information on how to start a dropshipping business can be found. Essentially a step-by-step guide to creating a fully passive income from dropshipping, priceless information is jam-packed within the pages. Learn how to start up an e-commerce store, market your products to drive sales, and scale the business.
Social media marketing is an absolute must for all businesses—especially e-commerce stores. This type of marketing reaches potential customers better than most other types of marketing. This e-book explains why Facebook is your ally when you run an e-commerce business and what other social media platforms can be utilized. Take advantage of influencers who are in your market niche and are willing to collaborate with you—you will learn all about why these types of marketing are essential to growing your customer base.
While not every business owner can scale their business as large as they'd like to, scaling a dropshipping business can be infinite. There is no cap to how much profit an e-commerce store can create—and scaling is very simple. This e-book shows you how to take the money that has been made from selling products and turning it into more money. When this process is completed time and time again and work is outsourced, expect to have a fully passive source of income. This e-book tells all about how to start a dropshipping business from the ground up, building it to becoming profitable, and outsourcing responsibility to create a lucrative source of passive income. Get started with your dropshipping business by purchasing this e-book today!
Inside, you will find:
•Information on how to hook a prospect and keep them interested
•Invaluable social media marketing information
•How to scale to become a $100,000 a year business
•What jobs can be outsourced to create fully passive income
•The confidence to take the first step in building a dropshipping business
…and more!
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Dropshipping - Andrew Manley
Chapter 1: The Value of Putting in the Time, Effort, and Energy to Create a Passive $100,000 Dropshipping Business
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First things first: creating a business, no matter the industry, is work—hard, unadulterated work. It’s the kind of work that requires long nights; early mornings; and your blood, sweat, and tears. Any business can create a great income, but not without the hard work put in first. A business is a direct reflection of the labor put into it—and without a passionate, entrepreneurial spirit, it will fail before it begins. What is worse than a failing business? It’s a business that failed to launch—a business that started but regretfully barely got its feet off the ground and a business that failed before it even had the chance to become successful. Now, why does it happen? Why would a person start a business and then not put in the effort to grow it to its maximum capacity? How is there an idea formulated and then abandoned so quickly? There are many reasons why a business does not become lucrative for its owner. Read on to find out one of the biggest culprits of a company not performing well and creating revenue.
There is a common misconception that someone with an entrepreneurial spirit starts a business and is automatically successful. They find financial success right out of the gate with minimal work. Employees are hired and bear the brunt of the day-to-day work, and the business owner steps back and collects a paycheck. Just imagine it—this person puts in the initial investment with dreams of becoming a digital nomad and finding financial freedom. Their goals are huge, and their pockets swell to be even heftier. In no time, they are quitting their day jobs and vacationing their families to Barcelona twice a year. New cars are in the driveway of a newly built, beautiful home in an affluent neighborhood—all because some guy decided that one day, he was going to start this company selling XYZ product or pedaling this or that service. He had an idea, created a startup, and is now filthy rich beyond belief.
Unfortunately, this is not the norm when it comes to starting a business. Entrepreneurs are notorious go-getters and the ambitious professionals involved in startups. Nevertheless, it is fairly easy to actually start a business. From the financial investment to finding a niche to market, the process is not incredibly difficult, as many entrepreneurs can find information online to get things up and running. Getting any necessary licenses and tax forms can be done by searching for the proper entities to consult online. Building a brand, though, is much, much different. It is a rare beast, only conquered by those brave enough to wander into the caves of creativity and back-breaking labor. Creating something and building it up are two very different, yet intertwined, topics. Building a business requires time and energy. Remember those blood, sweat, and tears mentioned earlier? This is where they come in. It can be done on your time (one of the perks of creating your own business and being an entrepreneur), but the success you experience is completely up to you. Putting in time here and there
will make you some supplemental income. Dedicating part-time energy to the business will reap a part-time income. However, putting in an entire full-time jobs worth of sweat equity into a business will be the only way to build something that can sustain you financially. Are you looking to quit your day job and replace it with your own company? The work put into the company needs to reflect that. If you are currently working a full-time position and are looking to build a business on the side, there will be a lot of late nights working away on the computer. The daily norm will be getting home from your full-time position, grabbing some dinner with your family, and working away into the wee hours of the night. Rely heavily on your beauty sleep? It will be a thing of the past. Look forward to long periods of work before seeing a dime coming in.
When it comes to passive income, which dropshipping can become, the business needs to be built and employees need to be hired to maintain the day-to-day operations. This won’t even be a thought in your head until the business is creating a substantial daily income that validates paying others to do the work for you. Starting from the metaphorical bottom, you will be the administrator, the customer service clerk, and the website coordinator. You will need to be every aspect of the business while it is still in its startup stage. You will need to do all of this while your children are sleeping and outside of your daily responsibilities.
Now, this is not to discourage you from building your own dropshipping business. In fact, I encourage you to become the entrepreneur that you’ve always wanted to be. I encourage you to take the leap into creating a dropshipping website. I even encourage you to take all of the time in the world to learn the methods, found in this book, that will make your business wildly successful. If you want to put the pedal to the metal and build a brand as soon as possible - great! If you need to work a few hours here, a couple hours there, in order to get things up and running - that’s great, too. Whatever you decide to do, whatever your daily schedule allows, the key is to not give up and keep going strong. Two different entrepreneurs may put in 1,000 hours of work before any income is seen, with one putting in those hours within a few months and the other putting them in over the course of a year. Both scenarios are the right scenario. Both scenes involve hardworking individuals putting in the time and dedication to building something from the floor up.
If you are looking for a get rich quick
scheme, dropshipping is not the business for you. If you are looking to work hard and reap the financial benefits when the business reaches that height, dropshipping can be a great option. If you are ready to create and build a successful business, read on to the following chapters to learn how to create a $100,000 passive income with dropshipping.
Chapter 2: Reasons to Create a Stream of Passive Income: More Family Time, Less Stress, and an Increase in Peace of Mind
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The topic of passive income is quite a conversation starter in the financial community. Many people desire to have multiple streams of income, with passive income included, but not everyone finds success doing so. Passive income is a hot commodity for those trying to get out of the rat race that is life and, fortunately, there are many ideas on how to create one.
What Is Passive Income, Anyway?
Well, let’s start off by explaining exactly what passive income is. Passive income is defined as a source of income earned with little effort. The individual who is receiving passive income has put in some effort, has stepped away for the most part, and is still receiving money from the previous effort. Essentially, with passive income, the individual has set up a business plan that allows them to do minimal to no effort on a day to day basis and still reap the financial benefits, as if they were continually working within the business. This may mean that this particular person is selling digital products that require zero inventory, they have hired employees and still make an income after paying these employees, or a mixture of the two.
Active income is created when the individual is actively working, every day, to create the income. This person is trading hours of their lives for a paycheck. Passive income and active income are polar opposites.
Why Exactly Would Someone Want to Create Passive Income?
For starters, life is not meant to be lived under some else’s rule. We, as humans, are not meant to sit at a desk and to be unhappy day in and day out. Creating a stream of passive income helps us get out of the 9-5 rut. Whether the income created is only supplemental or substantial enough to replace your regular job, making more money has never had a downside. A passive income stream can be the difference between your family being financially incapable of paying down their debt every month and becoming debt free. It can be the wedding that you have wanted for years but never imagined you could afford. It could even be the college tuition fund set up for all of your children, or retirement fund set aside for yourself. More money has never been a bad thing and only benefits you, both in the present day and in the long run. No one has ever said, Hey, I could really use less money today.
All of that said, more money equals more work, right? Not quite. With passive income, you put in all of the legwork and set up the business so you are receiving a check every month while doing very minimal, to no, work. All