Start by announcing your business to all of your email contacts and a simultaneous announcement on Linked In, says Michaels. “Tweet about it, and put it on Facebook and maybe even make a video so you can post it on You Tube.” If your business warrants it, consider an open house to which you invite your contacts. Depending on your business, it might make sense to start locally rather than trying to reach a national market immediately, but first evaluate who and where your customers are.
One way to stand out from the competition with a drop shipping business is to private label your products. This simply means you put your own label/brand on the products that the manufacturer is creating. That way you're not selling the same product brand and just competing on price; rather you can use your own brand and face less competition. Think about when you're looking at medicine at the pharmacy; the brand names sell for higher prices and people think they are different from the generic brands even though the ingredients are exactly the same. Consider these important factors when looking for a good drop shipping product.

You know this one already. You include links to products you are promoting as an affiliate and every time somebody buys the product, you get a commission. With a blog, you can integrate advertising with content to make it even more likely you’ll get the sale. For example, you could do a product review—which is useful content—and then include a link to buy the product under an affiliate link.
Start by announcing your business to all of your email contacts and a simultaneous announcement on Linked In, says Michaels. “Tweet about it, and put it on Facebook and maybe even make a video so you can post it on You Tube.” If your business warrants it, consider an open house to which you invite your contacts. Depending on your business, it might make sense to start locally rather than trying to reach a national market immediately, but first evaluate who and where your customers are.

Besides locale and time freedom, the other distinguishing factor with a lifestyle business model vs a startup business is that you don’t begin with the plan to raise funds for expansion from angel investors, venture capitalists or by going public, although this sometimes happens. Sometimes lifestyle businesses obtain crowdfunding capital early on, however.
When one of your customers makes a purchase, you purchase the product from a third-party company (the drop shipper, usually a manufacturer or wholesaler) for a lower price. This process is as simple as forwarding the order from your customer, a process that can actually be completely automated. (Remember you don't have any risk here of buying inventory because the sale has already been made).
First off Colonel Harlan Sanders started KFC with his first social security check at age 65. James Cash Penney also started his business at 65. I didn't wait so long. I started my business at age 50. I didn't have any cash when I started so the first few years was quite a struggle. That was 24 years ago. It's pretty easy going now. We do several million in sales, provide good jobs for a dozen people and produce a great product. It has been very satisfying but of course a lot of work as well.
As Next Avenue’s Kerry Hannon recently wrote, a University of Michigan study says “about 40% of Americans who were still working when they turned 62 had moved to a new occupation sometime after age 55.” On top of that, we all remember The Intern with Robert De Niro, whose experience and life skills (albeit fictional) helped him compete with young workers and succeed.
“Successful entrepreneurs are middle-aged, not young,” according to Age and High-Growth Entrepreneurship, a paper by Pierre Azoulay and J. Daniel Kim of the Massachusetts Institute of Technology Sloan School of Management, Benjamin Jones of Northwestern University’s Kellogg School of Management and Javier Miranda of the Census Bureau’s Center for Administrative Records Research.
The top three financial processes current business owners say they wish they’d invested in sooner are expense tracking, inventory tracking, and invoicing. Since cash flow is critical in starting a business, don’t launch without a cash flow spreadsheet and a balance sheet. You might also consider accounting software that automates this process and can help you visualize the money coming in and going out.
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