Starting A Drop Shipping Business — How Much Does It Cost To Start Drop Shipping | TBS #108

Podcast

Starting a drop shipping business is one of the leanest ways I’ve seen to bootstrap an online business without much money or experience.

Before the Internet you needed to own machines, factories and buildings to start your own enterprise. Now anyone can do it online because we all have the same tools available and it’s cheap.

Let me break down the costs of starting a drop shipping business:

1) Shopify account = $29

2) Advertising budget = $5 per day

3) Shopify plugins = $10-20 (optional)

4) A Domain name = $10 (optional)

So your first month of drop shipping will cost you less than than one hundred bucks. And it’s very possible to start breaking even and making profit within those first thirty days if you do your research and homework and have a hot item and a hot audience to sell to.

And even if you fail for a couple of months, there is no more forgiving business. You will spend some money, god forbid, and take a risk to bootstrap your business like it has always and will always be.

Tell me when did this happen before? You can’t ask for more.

Some people don’t seem to realize what great times we live in.

We start to take things for granted. We don’t really understand what’s going on.

But bootstrapping a business for less than $100 is revolutionary.
Wasn’t possible 30 years ago. So never, ever complain about what you have. We live in the best times ever to be an entrepreneur, resources and information is available to everyone now.

It’s everything in your power. You have the choice in your hands. There’s no need to ask money to anyone.

You just gotta put in the research and take action.

Put together $100 and start making money.

Now!

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