9 Expensive eCommerce Lessons | What You DON’T Know is Costing You

I Learned These eCommerce Lessons the Hard Way…So You Don’t Have to
Last Years eCommerce Lessons | What You DON’T Know is Costing You
What Last Year Taught me about eCommerce

🎓Build a 6 Figure Dropshipping Business on Facebook: https://bryan-guerra.teachable.com/p/dropshippro

🎓Build a 6 Figure Dropshipping Business on Amazon: https://bryan-guerra.teachable.com/p/amazondropshippro

🎓How to Dropship Print on Demand Mugs and T Shirts on Etsy: https://www.udemy.com/course/how-to-dropship-print-on-demand-mugs-and-t-shirts-on-etsy/?couponCode=57631ADA879040EB9C97

🔥Get 100 Hot Products Every Month Here: https://bryan-guerra.teachable.com/p/100hotproducts

📑Free Dropshipping Auto-Calculating Spreadsheet: https://www.bryanguerra.com/ds

📩Get 10 Hot Products Every Month Here for Free: https://www.bryanguerra.com/hotproducts

📞Want 1 on 1 Mentorship from Bryan? Book a Call: https://clarity.fm/bryanguerra1

🔥Get Zeedrop (Dropshipping Software) here: https://www.zeedrop.com/
^ Use Code GUERRA for a discount

⚡️For sponsorships or business inquiries reach out to: Bryan@InvertMedia.net

Last year was by far my most profitable year ever. So in this video we’re going to cover the most important lessons I learned last year in eCommerce.

I learned all of these the hard way…so hopefully you can use this video to make sure YOU don’t have to.

The first lesson I learned was I was thinking way too small. For a while I was in my own little bubble doing Online Arbitrage & Wholesale part time.

Then I stumbled on dropshipping and it really opened my eyes to the earning potential of eCommerce.

I was able to scale Facebook Marketplace Dropshipping & Amazon Dropshipping way past what I had ever done before.

So much so that I literally had to shut my stores off for 2 weeks b/c I couldn’t keep up with the cashflow and I needed to wait to get paid out.

A good problem to have….no doubt. But if I had been thinking bigger from the jump, I wouldn’t have faced this issue. I would’ve been ready when it happened.

The second lesson I learned was not to put all your eggs in one basket and not to rely solely on one platform for all your revenue.

I should’ve already known this b/c it’s happened to me time and time again on Amazon when I would get suspended and my revenue would come to a screetching halt.

But for some reason, that lesson escaped me last year.

I was seeing so much success with Facebook Marketplace and Facebook shops, that I put everything else on the backburner and really jumped into those.

Right after I did that, I lost my main facebook account…and about 20K in consistently monthly profit evaporated.

But if I still had been scaling Amazon Dropshipping and other websites, it wouldn’t have been as big of a deal as it was at the time.

The next lesson I learned was that Dropshipping on some platforms (as good as the money was)…ultimately, ending up just being a high paying job.

I had to spend night and day listing products, doing product research, doing customer service, and fulfilling orders.

And even when I hired a bunch of VAs, I still had to manage them and put out fires constantly.

Don’t get me wrong the money was great, but losing my main Facebook marketplace was definitely a blessing in disguise.

Because it let me realize that moving forward I mainly want focus on businesses that ARE….THAT scalable….BUT also more hands off.

Examples of these I’m really bullish on…are Amazon drop shipping an Etsy drop shipping

Because once you set them up they are about 99% hands off. The software manages EVERYTHING for you.

Again, don’t get me wrong, you can make great money on facebook marketplace.

But once you scale past…about…10K/month profit it can become REALLY time consuming to manage.

Lesson number 4 is a simple one. To be successful in any business, you have to be willing AND able to adapt

There’s going to be situations where a major change affects your business in some way.

How you’re able to solve that problem and adapt will determine how successful you are long term.

Just list Darwin said, “it isn’t the strongest that survive…it’s those with the most ability to adapt.”

Lesson number 5 is reiterating the 80/20 principal. It’s so true in any business.

I’m constantly testing new platforms dropship on. Mainly so I can see for myself and report back to you guys.

And also so I know which platforms are worth it and which ones aren’t.

There’s many platforms you can make money drop shipping on. But that doesn’t always mean you should.

Sometimes you’re better off focusing on a few (notice, I did NOT say 1… I said a few).

More isn’t always better. The reality is we all have finite amount of time and energy every day.

And often you’ll get a lot further by consolidating that time and energy on the 20% of things that are producing 80% of the results.