Mindset Switches You Need to Make Before You Start Your eCommerce Business
Hey, guys. Trevor here from eCommerce Paradise.
I will talk about the mindset switches you need to make before you start building your dropship business. Keep in mind that you are responsible for all your decisions, which means anything good and anything wrong.
Responsibility and Decision Making
As an entrepreneur, you want to make sure that you are a leader in your business. Make sure that you take responsibility.
Any mistakes that happen, like spending way many ads on a certain day or getting set up with one of the suppliers. You can also make mistakes with your customers' orders, which may result in your customer getting the wrong products. That is not great, so make sure that you can always take responsibility for those decisions and mistakes. That will make you look better, and it will make you become a better Internet marketer, a better eCommerce person. It'll make you provide the best service possible for your customers.
Long and Short Term Visions
The next thing you should do is to hold both long and short term visions simultaneously. You must write out your goals. Ensure that you set a list of long-term goals where you want to be in five years, how much money you want to have, who you want to know, where you want to go, and all the experiences you want to have. Also, how many stores you want to have and how many customers you want to serve. All that good stuff.
Make sure you set long-term goals. It's really important.
Some of my long-term goals are to sell at least half a million dollars for the products every year, reach a million dollars for the products the following year in that same business. And then say that you want to serve at least 500 people to a thousand people that same year. That mindset really does mean a lot to me.
Serving people means that you're providing solutions to problems. So keep that in mind.
Get Out of Your Comfort Zone
You need to feel uncomfortable. It would be best if you got out of your comfort zone.
Whatever that means for you. It could be fear to make video content, writing about something not great, calling a supplier. Get out of your comfort zone.
If that is the scariest thing for you, do it first thing in the day. Don't give yourself time to think about it. If you can't handle a phone call, get on the phone. Talk to a supplier. Most of the time, they won't even pick up when you do. They are actually nice and friendly people to work with.
Learning is truly a continuous journey.
Always be on a lookout for great information online. Don't be afraid to ask questions and comment on videos if you don't understand them completely. I highly recommend it, and I will reply back.
You can also read a question in the eCommerce paradise Dropship Secrets Members only group, which is really important. That's on Facebook because that's a group where other students will be able to help you as well. The key here is that I want to really help you.
Another great search engine for information is YouTube. If you ever have any technical issues, Shopify issues, Google ads, anything like that, that's really technical type. Type the question into Google, into YouTube, and see if you can find it.
Numbers Don't Lie
Numbers state facts. I mean, you always have to be looking at your analytics, conversion rate, cost per acquisition, and ad spend. Take that into consideration while building out your website, creating content, searching for new traffic sources, and understanding your business as a whole. Remember that you're going to need to look and research into your analytics to find out more about your business.
Love your business, but be objective.
You have to understand that your business is going to become your life. That is a great thing. You're going to be talking to everybody about it, and it's going to be super fun and engaging. You're going to talk to your customers all the time. We're going to be talking to suppliers all the time. It really is going to become your life, but you have to be objective with it. Don't make irrational decisions based on emotions. You have to take a step back, look at your business from a whole when you have big decisions to make, and think, is this the right thing to do for my business or not?
Enjoy Breaking the Rules
Truly, eCommerce is the Wild West still. It's all about rule-breaking. It's all about doing the things that nobody else is doing or at least doing things that only a few people are doing. I'm getting new traffic sources and getting new suppliers and things like that.
And that's it. Those are the different things you need to keep in mind to have a good eCommerce life.
See you in our other podcast episodes. Take care.
eCommerce Paradise was created by Trevor Fenner of Seattle, Washington in 2015 to help you, the entrepreneur, to start and scale your own eCommerce business selling high-ticket products online with the drop shipping fulfillment method so you can make more profit per sale, have a sustainable and evergreen online business, get started with very little upfront investment, and live a location independent lifestyle. Trevor owns multiple 7-figure High-Ticket Drop Shipping eCommerce stores and is a digital nomad, traveling the world while working remotely with the help of his team of over 10 virtual assistants from around the world. Trevor is currently located in Bali, Indonesia. Trevor is also a passionate skateboarder, surfer, scuba diver, photographer, environmentalist, outdoorsman, fitness and tattoo enthusiast.
AFFILIATE DISCLOSURE: Some of the links on this page may be affiliate referral links. I will get a commission from the vendor when you make a purchase after clicking them at no added cost to you. As a result, many of them also provide you with a special discount just for using my link. You can go directly to their support if you have any issues with their software or product.
Step-By-Step Training for High-Ticket Drop Shipping
Here are the next steps you'll need to take to start your high-ticket dropshipping business:
- Lesson 1: Research The Market And Choose Your Niche
- Lesson 2: Start Your Shopify Website and Legal Business Structure
- Lesson 3: How To Find And Recruit The Best Suppliers
- Lesson 4: Optimize Your Shopify Website and Sales Funnel
- Lesson 5: Launch Your Store With Paid Traffic
- Lesson 6: How To Manage Your Business
- Lesson 7: Automate and Outsource Your Day-To-Day Work
Resources for Starting A High-Ticket Drop Shipping eCommerce Store
These are the resources I've created to help you start your own high-ticket dropshipping eCommerce store:
Recommended Resources for eCommerce Entrepreneurs and Digital Nomads
- Best VPN Service
- Best Keyword Research Tool
- Best Domain Registrars
- Best Web Hosting
- Best Business Email for Small Business
- Best Small Business Phone System: Best VoIP for Small Business
- Best Virtual Mailbox for Every Traveler and Digital Nomad
- Best LLC Services: The Top 7 Business Formation Experts
- Best Business Credit Cards for eCommerce and High-Ticket Dropshipping
- Best Business Checking Accounts for eCommerce and High-Ticket Dropshipping
- Best Online Trading Platform for Entrepreneurs
- Best Credit Report Service: Excellent Tools To Monitor Credit Score
- Best Bookkeeping Services for Small Business
- Best eCommerce Platform for Dropshipping
- Best Shopify Themes for eCommerce
- Best Shopify Apps for Drop Shipping
- Best Email Marketing Software for Small Business
- Best Landing Page Builder for Shopify
- Best Social Media Management Tools
- Best Answering Service for Small Business
- Best Online Course Platforms