Is it too late to get into business?

Hello guys,

I saw this question which was asked by a user of the WALL. He was wondering if it was too late to get into this e-commerce business. This fear of being late in starting a business isn’t an isolated feeling, a lot of people often face this same fear. When that little voice in your head goes into overdrive and starts asking; what if I’m too late? Isn’t this business for younger people? There is already huge competition; the market is saturated… blah, blah, blah…

This type of fear of being late arises from the fear of competition or the fear of being too old to venture into business.  When we look at entrepreneurs like Mark Zuckerberg, it appears that in today’s world, it is only the young entrepreneurs that are celebrated and recognized, this can be very discouraging. Cheer up! 🙂 I’m here to tell you that age doesn’t determine the success of your business. Research has shown that people over 55 years are twice likely to succeed in business than their counterparts who are under 35. Age comes with a ton of valuable experiences in life which would be useful to your business both directly and indirectly.  The great Roman leader Julius Caesar once said, “Experience teaches all things.” So, if age is what is bothering you, dust your boots and head right into the game, it is time to get started, the odds are in your FAVOUR!

Next up is the fear of competition; in one of my post, I talked about how competition can be used as a tool for success. The way you can beat the fear of competition is to change the way you see competition; your perception here matters a lot. Do you see competition as an opportunity? Or do you see it as an enemy? Your answer would determine your disposition towards competition; whether it will be a tool for success or something to be feared. One thing to note is you shouldn’t obsess over competition; you will end up giving away your power, energy, and creativity over to things you cannot control. This would only lead to unnecessary distractions and stunted growth, the bottom line is; you won’t achieve much with this mindset.

Over at http://sellslikehotcakes.co/videos.php, our video courses will teach you how to approach competition from a position of strength and not weakness; you will be exposed to tools and hacks on how you can monitor your competition, learn what they’re doing right and avoid their mistakes.

You mustn’t allow anything to stop you from starting today. Don’t let that little voice in your head crush you before you even begin. SUCCESS is RIPE for the taking! There is no time like NOW

P.S: I will tackle his second question on how to find the right product in a future post.

So stay tuned!

 

 

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Last Wall Comments

 
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 Mike says at 23:14 et
I use my sourcing agent for that.. You can check the links in the RESOURCES section.. I also heard asiainspection is great too
 
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 freedom says at 21:01 et
Why to go Shopify and not WooCommerce??
 
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 Ted says at 21:01 et
Shopify Is Easier to Use, it's a turn-key solution. (hosting, ssl etc all included) + great app store to boost your sales.
WooCommerce is free opensource plugin and working with Wordpress which means you have to install and confirgure everything yourself, buy hosting, ssl separately too so there is no real saving just more headaches.
Go for shopify and jump straight into selling rather than micromanagement tech parts with WooCommerce..
 
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 Iriness says at 21:05 et
WooCommerce looks like saving but in reality you have tons of hidden costs like domain, ssl and tons of extra hassles... Why not go easy with Shopify!
 
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 Claudia says at 21:05 et
I agree with Iriness!
 
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 James.W says at 21:11 et
Hey pals!!! Is dropshipping legal on amazon? or just shopify?
 
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 Mia says at 21:11 et
here is what amazon policy says "Drop shipping, or allowing a third party to fulfill orders to customers on your behalf, is generally acceptable. Be the seller of record of your products;
Identify yourself as the seller of your products on all packing slips and other information included or provided in connection with them; Be responsible for accepting and processing customer returns of your products; and
Comply with all other terms of your seller agreement and applicable Amazon policies.
https://www.amazon.com/gp/help/customer/display.html?ie=UTF8&nodeId=201808430
 
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 Olga says at 21:11 et
It's not illegal. Dont listen if people say it is. Read amazon link above!
 
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 Mister A says at 21:14 et
Is Retail arbitrage even worthwhile anymore? i checked Target, Walmart, Toys-r-us and profit margins are too low for me.
 
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 Claudia says at 21:14 et
We already discussed it... See the video "why i hate retail arbitrage". In short, yes it works but it's much more complicated and it's basically another JOB not a passive income. I would not get into it this year. It's hard to scale if you are just starting out and don't have assistants to help you find producs, list them...
 
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 Dylan says at 21:14 et
There are many other big issues with RA and it will get harder and harder.. FBA is a way to go this year
 
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 Vlad says at 21:41 et
Any good freight forwarder to help me ship?
 
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 jo says at 21:42 et
@Vlad Try flexport..Full-service air and ocean freight forwarder providing visibility and control over your entire supply chain through software..
 
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 diego says at 21:43 et
Where to get turnkey solutions for amazon coupon squeeze page?
 
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 David says at 21:43 et
Check Amzpromoter, pretty easy to set up and build a list!
 
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william says at 02:26 et
? I have went thew 4 of the 4 videos in Module 1, my question is should I go back and work one module and work that one before going to the next one is this how this work
 
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 Mike says at 02:27 et
Well, it's best to finish full module so you have a big picture of tools that you can use and full understanding of the structure, and then implement it!
 
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 Speedy says at 02:35 et
i agree with mike. but in some videos where they show specific apps, it's good to install those apps when you already have a store installed , or just re-visit the video again later! Cheerssssss
 
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william says at 01:07 et
thank MIKE WILL DO
 
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 Mike says at 14:52 et
Btw just launched our new product, it became Nr 1 best seller in germany in just 3 days. Will make a case study later for you guys. THIS STUFF WORKS! Dont miss out!
 
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Pavel says at 02:17 et
What to do in case of goods return taking into consideration that delivery done to US and I am located outside of US? Does it mean that returned goods to be deliveried to my home? How I should proceed in such cases?
 
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 Alex says at 02:18 et
Hi Pavel. There is a video lesson talking about it, you can set the forwarding address in US.
 
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Pavel says at 13:27 et
Alex, thank you. Could you please indicate the name of the video.
 
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 casey says at 13:28 et
It was I think a video about the biggest problems with dropshipping and how to solve it
 
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Pavel says at 02:18 et
Any answers? It is important to know in such situations. Similar questions related to refunds. How to work with the suppliers in case of refunds? I will appreciate answers for my questions.
 
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 Violet says at 02:19 et
If you do FBA then Amazon will take care of returns and refunds.
If you do dropshipping then customer can return item to your forwarding address. If the item is cheap it's easier just refund without return.
 
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Pavel says at 13:27 et
Yes, I do understand it. Thank you. The question related to dropshipping part.
 
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Jimmy says at 03:39 et
Hi, is that a must to set up a credit card payment gateway. Can I just use paypal payment gateway only?
 
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 Mike says at 03:39 et
Yes you can use just Paypal but it's always better to give more payment options.
 
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Jimmy says at 06:37 et
I try to apply for 2checkout for my country, but without 90 days worth of sales history, they cannot move forward in the review process.
I may find Upwork to help for the sales history.
 
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Oliver says at 02:38 et
Thanks Emma, I got the logo done!
 
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sol says at 07:45 et
a succesful PL brand however i would like to know which tools are the most valuble in hereis it the bullet point tool,? someone please share
 
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 Emili says at 07:45 et
Welcome sol.. depends what are you trying to achieve and improve?
 
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abigail says at 16:32 et
Ok, I've signed up for sells like hotcakes. I actually did the videos on Udemy course.
 
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 Mike says at 16:32 et
Welcome!
 
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 victoria says at 18:20 et
Great timing to start your Amazon and Shopify biz!! Cheers!
 
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 Alice says at 18:20 et
Have a great year and happy holidays people!!!
 
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GERRIE says at 08:27 et
I have watched a lot of videos and I understand what they are telling me to do. However, I can't memorize an all the instructions. Is there a written text instruction that I can reread the instructions as I am filling out the forms? I have been putting everything on my reading list but don't know if that is enough.
 
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 Mike says at 08:27 et
Most of our videos have text transcript to download.