One of the best ways to start an online business is to adopt a drop ship model. This means that you don’t carry any inventory when you make a sale. You list an item for sale on your website and when a customer makes a purchase, you order it from your supplier and have them ship it directly to the customer as if it was coming from you. The beauty of this model is that you don’t carry any of the inventory risk.
I’ve been thinking a lot about the people I have interacted with in the past. I realized that, in retrospect, many of them were nothing but toxic. This became very clear to me when I reviewed Grant Cardone’s book, Be Obsessed or Be Average. He identifies two types of people that you should avoid because […]
If done right, drop-shipping can be a good way to expand your product offerings with very little risk. Before you begin, make sure to ask the right questions and do your due diligence before you begin doing business with a potential drop-ship supplier. You need to make sure that this new supplier is equipped to realistically offer you what you need to grow your business.
If you’re interested in learning about personal finance I recommend Tony Robbins’ new book, Money: Master the Game. 7 Simple Steps to Financial Freedom. While it is unnecessarily long and tedious to get through, you get a lot of good information from some of the most successful investors of our time. The key point is that […]
Try not to derive your self identity from your job or your profession alone. Instead, fill your life with enough variety where you become a well rounded and diverse human being. You are ultimately defined by all the rich and rewarding life experiences with which you fill your life.
Changing a bad habit or behavior is difficult enough. Making those changes stick can be even more challenging. If approached correctly, however, it is possible to replace old habits and beliefs with more empowering ones.
While it is important to periodically run reports to determine your best-selling products across your entire business, it is also a good idea to do the same analysis for each channel.
In business and in life, try to surround yourself with the most intelligent, capable and uplifting people you can find. Hiring less-than-qualified employees to save money will end up costing you in the long run.
If you’re an Amazon marketplace seller, winning the buy box is one of the most important goals you should set for yourself. While there are many other factors that can determine success on Amazon, the Buy Box is by far one of the most important factors. To win the Buy Box, try to sell products where […]
If you sell on eBay you need to pay attention to listing fees because they can easily add up – especially if you’re listing a lot of SKUs. You should analyze your invoice every month and see what percentage of your bill goes to listing fees. Make it a habit to weed out those SKUs […]