proof that ecommerce can change your life in 2 months - Road to $1M Day 329

Summary

In this video, the speaker shares their transformative journey in e-commerce and drop shipping, explaining how it changed their life by offering flexibility, low-risk business opportunities, and the potential for high rewards. They discuss the challenges of maintaining consistency, the importance of a strong mindset, and the reality that success doesn't come quickly. Despite setbacks, the speaker emphasizes the necessity of dedication and long-term thinking for success. They encourage viewers to ask themselves if they are truly committed to the grind, stressing that success is built on resilience, not instant results.

Takeaways

• 😀 Drop shipping and e-commerce have drastically changed the speaker's life, giving him financial freedom and the ability to pursue his business full-time.
• 😀 The speaker decided to give weekly business updates instead of daily ones, as daily updates were less productive.
• 😀 Confidence and willingness to take risks are crucial. The speaker emphasizes killing a test ad quickly when it doesn't feel right, even if it results in small losses.
• 😀 While drop shipping provided a breakthrough, the speaker admits that the e-commerce journey has been slow, with periods of complacency and holiday distractions.
• 😀 The speaker warns that success in e-commerce doesn’t come quickly or easily and encourages others to understand the long-term commitment required.
• 😀 E-commerce can provide minimal-risk opportunities for those willing to take the leap, such as dropping out of school or quitting a job to focus full-time on a business.
• 😀 Not everyone will succeed in e-commerce—only those who are willing to dedicate their time, effort, and resources without treating it as a side hustle will make it.
• 😀 Immediate success or making money within a few months is rare. Long-term consistency, learning, and growth are essential to success in e-commerce.
• 😀 The speaker stresses the importance of building the right mindset for entrepreneurship. It's not just about making money; it's about growing and evolving as a person and business owner.
• 😀 Even when faced with periods of failure and no results, persistence is key. The speaker compares the e-commerce journey to a long process of continuous improvement, similar to how a streamer grows over years with little initial success.
• 😀 The mindset is the key differentiator. The speaker highlights that many people fail to make it because they are not mentally prepared for the long-term grind and struggle.

Q & A

How has drop shipping changed the speaker's life?

Drop shipping allowed the speaker to quit school, leave their job, and pursue e-commerce full-time, providing them with financial freedom and the ability to test various business ideas with minimal risk.

What is the speaker's main message about success in drop shipping?

The speaker emphasizes that success in drop shipping requires complete dedication, long-term commitment, and the willingness to take risks. It’s not a quick win and requires persistence over several years.

Why does the speaker recommend against treating drop shipping as a side hustle?

The speaker believes that treating drop shipping as a side hustle will lead to failure. It’s a competitive, high-risk field that demands full dedication and time, not just a casual effort.

What was the speaker's experience with their first test in drop shipping?

The speaker spent $30 on a new product test, which they immediately ended due to a lack of confidence. They admit to killing the test quickly without giving it a real chance, stressing that this wasn’t a recommended approach.

How did the speaker view their success after their first 'winner' in e-commerce?

After finding a winner, the speaker became complacent, enjoying a stress-free holiday season with money they had never had before. However, they also realized that this success could quickly fade without consistent effort.

What does the speaker say about the potential of e-commerce as a business model?

The speaker sees e-commerce, particularly drop shipping, as a way to build a potentially multi-million dollar business with minimal upfront cost, working from anywhere, including their basement.

What is the speaker's stance on the timeline for success in e-commerce?

The speaker rejects the idea of becoming successful in just a few months. They emphasize that real success takes years and that anyone expecting quick returns is likely to fail.

How does the speaker compare their mindset to others in the industry?

The speaker feels that their mindset is unique in its dedication and long-term vision. While others may look for quick wins, the speaker is committed to the process, willing to work for years to make e-commerce a sustainable business.

What lesson does the speaker want others to learn from their experience?

The speaker wants others to understand that success in e-commerce doesn’t come easily or quickly. It requires a strong work ethic, patience, and the mental strength to push through tough periods without giving up.

What does the speaker say about the importance of mindset in business?

Mindset is crucial for success in e-commerce. The speaker believes that practical skills like product research are important, but the right mindset—belief in oneself and a willingness to endure the hardships—is the foundation of success.