this post was submitted on 25 Nov 2023
1 points (100.0% liked)
Entrepreneur
0 readers
1 users here now
Rules
- No Personal Attacks - criticism of ideas is allowed, attacking people is not.
- Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
- No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
- Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.
Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It’s not hard to find advice. It’s hard to actually take action and do something different. Everyone wants advice but very few people are willing to do anything once they get the advice. First of all you have no idea how fortunate you are. You’re only 21!!!! You have something many other don’t and that’s TIIME. And no, you do not have to be born into it. The key to wealth is what you do with money when you get it. Poor and middle class people use it to buy consumable items to make themselves feel like they have money. You’re so young that you can set yourself up for life if you start making the right decisions now.
Wanting to start your own brand is awesome and a great goal so don’t let the people around you influence your goals. Also, a phrase like “drop shipping is dead” can only come from a financially illiterate disgruntled wage earner who never did anything and still wants to give advice. Drop shipping is not a business, it’s just the method that a product is sent to your customer. E-commerce is the business. And anywho who hasn’t been living in a cave for the last 20 years knows people buy online all day every day.
Affiliate marketing is a great way to make money. Do you know why there’s 1 million people on social media right now telling you that they will build your Shopify store for free???? Because they are AFFILIATES of Shopify earning affiliate commissions on the strore they make you!!! That’s their method of earning.
There are so many things you can do. BUT no matter what you choose to do, you MUST put some of your income into something that will bring a return for later in life. It doesn’t even have to be a lot, but something.
Wouldn’t it be nice to pay a small amount per month into something for the next 30 years and then when you’re 50 years old you’re able to have a $10,000 or $20,000 a month income for the rest of your life because of your investment? At your young age you can do that! You have no idea how lucky you are to have the gift of time!!!!! Use it!!!!!