It’s almost guaranteed in life: you’re going to make mistakes. But that’s okay, because making these mistakes most often come from an aspiration to try and learn new things.
And the first time you try to implement what you’ve just learned from the Drop Ship Blueprint, you might think in your head, “Oh, I got this. This is nothing.”
Then you do it, and it either works, or doesn’t work.. But if it doesn’t work, what does that mean?
Does that mean you should give up on drop shipping? No!
It means you should go back, re-watch the training from the course, ask questions in the Facebook group, make modifications, and see what happens in round two. This is what having an entrepreneurial mindset is about. If that doesn’t work, do it again, and again, until it works.
Although there are doubts about dropshipping success, it’s actually one of the most successful eCommerce business models. In 2018, the global drop shipping market size was valued at $102.2 billion. It was projected to grow even more by 2025.
In 2021, retail eCommerce sales were estimated at $5.2 trillion and are forecasted to grow by 56% in the next few years. According to Fundera, dropshipping is a fulfillment model for 33% of online stores.
If you still think dropshipping isn’t successful, these numbers may prove you wrong. Successful business owners also estimate a 10% dropshipping success rate during their first year of operations. Quora users even say it’s between 10% and 20%.
Although it is a low-risk business model, you still need proper planning and enough knowledge to attain success. To help you, I’ll provide some tips and discuss how you achieve your own dropshipping success story.
For many, joining the Drop Ship Lifestyle program is the start of a new journey. What’s unique about the DSL community though, is you won’t have to go that journey all on your own. One of the best examples of this is our Drop Ship Lifestyle Coaching Program. This is a group of six who have … Read more
Chris Guillebeau’s definition of a side hustle perfectly breaks down what it is, and isn’t: “A side hustle is not a part-time job. A side hustle is NOT the gig economy. It is an asset that works for you.” Inspired by a recent conversation I decided to share my tips for anyone looking to create a second stream of income with their side hustle.
Did you know that 90% of businesses fail within the first 120 days? Sounds crazy, right? Well, that common statistic about business failures might not be the case after all. My team and I did some research and decided to create this blog post based on what we found regarding the ‘exact’ percentage of new businesses that fail.