Welcome to Online Selling Experiment!
Figuring out the right business to start is hard.
Most people never even start a business because they can’t figure this out.
There’s a lot of conflicting advice out there that makes it even harder, too.
Should you go with a passion project? It certainly sounds good when people tell you that you should do something you absolutely love. Unfortunately, most passion projects take many years to get going and cost a fortune before they turn profitable.
Or you could go with something trendy that promises huge returns in a short period of time – t-shirts, dropshipping, private labeling, etc…
For the most part, the really trendy options aren’t nearly as good as people want you to believe. Once a lot of people start doing them, it gets harder and harder for new people to turn a profit.
That’s not to say that trendy = bad.
Private labeling is a strategy that has the potential to generate massive profit – it’s just not a very strategic place for someone with limited savings and experience to get started.
For many people, starting with private labeling products from China is like trying to learn to swim by jumping out of a plane into the middle of the ocean.
If you have struggled with the above and still want to start a business, you might find yourself wondering if there is a better way.
Is there a better way?
Yes, there is a better way.
Here’s what makes it better:
- You can start immediately.
- You will earn profit from the very beginning.
- You can start with any amount of money.
- It provides a clear path to your definition of success.
- There is a much higher success rate than alternatives.
Despite all this, most people ignore it because it doesn’t dazzle with the allure of getting rich in the next few months.
Here’s how it works…
The system that you’ll learn about on this site starts with flipping and retail arbitrage and builds up to an automated website selling your own private label merchandise.
The process looks like this:
Flipping / Retail & Online Arbitrage > Outsourcing > Wholesale > More Outsourcing > Private Label Storefront > More Outsourcing > ???
One of the reasons that this process works so well is that it allows you to learn important skills in lower-risk environments before applying them at a later stage.
For example – there is nearly no risk to flipping used items for profit at all, but it is a fantastic opportunity to get better at negotiating. This will be a very important skill when dealing with suppliers later on.
The other reason that this strategy works so well is that it allows you to build the necessary capital to be successful with higher level strategies before attempting them. There is NO reason to go into credit card debt to start a business.
The ??? at the end of this is whatever you want it to be. If you have a dream business you wish to pursue, that is where it factors into the equation.
If you just want to have more money and a lot more time to spend with your family or traveling, then your ??? can just be that.
How to get started…
If you are starting with minimal capital for investing – meaning you don’t have any savings that you can use to start your business – I recommend flipping used items to quickly build up an initial base before expanding into retail arbitrage.
In February 2019, I will be publishing an ebook called Flipping for Profit that will give you a system for earning $1000 profit in 90 days. If you are interested in it, submit the form below and I will let you know as soon as it is ready.
I’m hoping to have it ready very soon.
In the meantime, here are two guides on the blog that will help you. The second is for getting started with retail arbitrage:
- Flipping 101 – 10 FAQs About Flipping Used Items For Profit
- How to Sell On Amazon for Beginner’s – The Ultimate Guide
If you are ready to jump into retail arbitrage, make sure you check out How to Make $1000+ Per Month On Amazon.