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🗣In this episode of the Dropship Unlocked Podcast, hosts Lewis Smith and James Eardley discuss the possibilities and realistic expectations of starting a dropshipping business.
We provide insights on setting achievable goals, understanding the journey, and implementing effective strategies for success.
👉 Prefer to watch this on Youtube? Check it out here ➡️ https://youtu.be/1Ht2mIk7C4M
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Topics Discussed:
★ Understanding Dropshipping: Explanation of dropshipping and its appeal, including financial and location freedom. Benefits of not holding inventory and the flexibility of managing a business from anywhere. Importance of choosing the right model and suppliers for a successful dropshipping business.
★ Setting Realistic Goals: Initial steps for new dropshippers, including setting up a store, understanding a niche, and running first ads. Importance of investing time and money initially and treating dropshipping as a serious business. Achieving small wins like the first sale or £1,000 in revenue as motivating milestones.
★ Defining Success in Dropshipping: Stages of success, from initial sales to scaling operations. Importance of achieving consistent daily sales and optimising operations. Setting short-term and long-term goals for sustainable growth and customer satisfaction.
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Links and Resources Mentioned:
Pick up a copy of Lewis’ book: https://htabook.com
Get Shopify for £1 a month for 3 months: https://www.dropshipunlocked.com/shopify
Get a free trial with a professional phone line: https://www.dropshipunlocked.com/circle
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Key Takeaways:
★ Education is Key: Start by thoroughly educating yourself about dropshipping and its nuances.
★ Set Achievable Goals: Set realistic short-term and long-term goals to stay motivated and measure progress.
★ Consistent Effort: Success requires consistent effort, learning from failures, and adapting strategies.
★ Community and Mentorship: Engage with communities and seek mentorship to accelerate learning and avoid common mistakes.
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FOLLOW:
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★★★Dropship Unlocked - Lewis Smith★★★
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