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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 pat says at 23:09 et
Not to brag... but It's my first $1000 DAY pals! 37 units sold today! Really appreciate all the help you gave me to boost my sales.. Last year I never reached even 15 units per day!
 
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 Kenga says at 20:59 et
What if the customer goes directly to aliexpress and buys from it?
 
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 Dylan says at 21:00 et
Truth is, it was not your customer on the first place. If the person savy enough to know about dropshipping and aliexpress method then he was not your customer in the first place. No point to worry about it. It's like worry about online pirates. People who always download cracked software are not your customers anyways, don't worry about them.
Target people who are not aware of dropshipping methods and you will be just fine! 99.9% of people will never bother finding alternatives and going to aliexpress is the last thing on their mind. They might go Amazon in worst place but never aliexpress..
If they go Amazon, again, they were not your customer so don't worry about them. Some people tend do buy exclusively on Amazon Prime for example.
 
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Claudia says at 21:00 et
Another tip... if you offer some sort of exclusivity or special deal then people wont be looking much for alternatives.
I have many people ordering Dog Frisbi for example and wait 2-4 weeks just fine when they could buy it cheaper probably on amazon and get in 1 day using prime. There is room for everyone here and a huge marketplace!
 
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 Sarah says at 21:03 et
hi.. new here.. where to find bloggers influencers in my industry?
 
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 Evan says at 21:03 et
Welcome Sarah!! Try musefind, tapinfluence, tomoson, famebit. also check Groundsignal, socialchain , Shoutcart.
Or reach personally specific top influencers via their contact forms/fb messaging/youtube etc. Most have already ads department and managers to handle that.
Also bloggers you can find alltop directory..
 
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 GoldmaN says at 21:04 et
For me works best reaching influencers directly.. I never had much luck with those paid services, they are just a middleman.
 
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 Victor says at 21:04 et
Try Tomoson also, a good place to find mommy bloggers and instagrammers
 
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 Roman says at 21:15 et
Can I put my URL on my product package?
 
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Claudia says at 21:15 et
Yes you can + inside your insert card too. You cant put links only in communication to the amazon customers via amazon email system.
 
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 Theo says at 21:17 et
Congratulate me.. First $2000 day today selling on FBA!
 
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 Daniel says at 21:17 et
wow Theo, inspiring stuff. what do you sell??
 
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 rick says at 21:17 et
Dont ask what people say, nobody will tell you, people are afraid that you can copy cat them. Just do your research.
 
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 mya says at 21:18 et
IMPRESSIVE stuff Theo! Keep rocking!
 
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 Spider Fuji says at 21:39 et
Would love to hear your suggestions.. How tto optimize the shopify site for speed?
 
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 Alice says at 21:39 et
USe the image compression app! Called IMAGE OPTIMIZED.
 
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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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 Mr.A. says at 22:39 et
How's everybody else's experience with Amazon? My planned price range is in the $30 range. Maybe better $20 or $40? or $15?
 
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 Tyro Meg says at 22:40 et
Cheaper = easier to sell but harder to profit.
Expensive = harder to sell but more profit
 
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 Kylie says at 22:40 et
Stick to the golden rules. Saw the videos of the course? If your product is under $20 then BUNDLE it (or make a SET)
 
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 Caleb says at 22:55 et
You don't have to be the cheapest product to compete. My best selling products are also the most expensive products in my niche. It comes down to perceived value. If people see your price is higher, give them a reason why. Make sure your packaging is not just great, It should be amazing.
 
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 JO says at 23:01 et
Thanks for the golden nuggets! Great course and community here! Love the vibe!
 
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 nicholas says at 23:20 et
Does anyone have a checklist of optimising your listings or a go to place for some tips?
 
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 Tyro Meg says at 23:20 et
Target the keywords that convert well for your product via PPC
 
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 Boris says at 23:21 et
Automatic or manual PPC better?
 
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Claudia says at 23:21 et
@Boris, please watch the video about PPC advanced strategies.
 
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Leslie says at 00:15 et
I was on shopify then left over grey areas of card merchants not wanting to support product. Months later I came back and then left after 10 days due to lack of available products in my niche. Aliexpress vendors using misleading titles or description don't help. I then tried an app to upload Amazon products as an affiliate and do a review site, but it looks gawdy compared to shopify, and I will never make money like that. Therefore, I am convinced that shopify is way better. I'll just have to find a different niche that Aliexpress or a US dropshipper can fulfill!
 
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 jack says at 00:16 et
I think the niche finder tool and the "Most passionate niches" report will help you find the product http://sellslikehotcakes.co/niches.php Good luck, keep us posted on your progress.
 
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 Tyro Meg says at 00:16 et
Shopify supports Stripe and Paypal, no grey areas there, very easy these days. Try to attach them both!
 
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 Gautam says at 02:00 et
I used the Amazon best seller finder for a keyword. All the results sound encouraging. But I am confused with one of the messages, "Reviews: top 10 sellers have average 3757 reviews (At least 2 of 10 have 50 reviews or less. Recommended <150 reviews average)"
Does this indicate it's worthwhile? It says 3757, and recommended is less than 150. I am unable to interpret as the other results are great. Please help(and explain what they mean)!
 
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 jo says at 02:03 et
It means they have many reviews probably so it's a very popular niche most likely. If the all other numbers sound good i would not be concerned. I think you mentioned you sell oils? so maybe instead of general oils try more specific like "facial oils" or "massage oils" or "lavanda oils" so it's more nichey
 
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 Gautam says at 06:16 et
That's great.If the reviews are too less and the other numbers are right what's the course of action? Just curious.

Thank you for your suggestion on making the niche specific- very helpful!

Cheers.
 
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 Amelia says at 06:19 et
Dont worry about reviews so much, it's becoming less important after last year Amazon's review policy update.
 
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Oliver says at 02:38 et
Thanks Emma, I got the logo done!