Get rich schemes and information overload seems to be how we hear about successful entrepreneurs nowadays. The 20th century is considered to be incredibly connected world. Anyone can build their own brand, express passions, and share talents. It is very easy to connect with other individuals on a deeper level and nurture those connections into long-lasting relationships.
Are you looking to add passive income to help you make money 24/7? E-commerce is a perfect start to your entrepreneurial journey. Buckle up for a wild ride. You may have this picture-perfect image of what self-employment looks like but in reality, everyone’s journey is utterly different. Accept the journey, put your head down, and start working toward your goals.
The growth of global e-commerce is crazy-rapid. In 2017, it reached around $2.3 trillion and is expected to hit $4.5 trillion in 2021, according to Statista. Starting an online business has never been easier thanks to our friend – the Internet.
CustomCat offers two options for setting up an online store. They are both relatively inexpensive. Shopify is an e-commerce platform that has everything you need to sell online. CustomCat is a POD (Print On Demand) fulfillment center that brings your products to life. Together they bring your business to life.
Step 1: Sign up for Shopify and start selling as low as $29/mo.
Step 2: Sign up for CustomCat as low as $30/mo to launch your entrepreneurial journey. If you are not entirely sure you want to commit just yet, we offer the CustomCat Lite option at no cost to you.
Get your business up and running in no time as low as ~$60/mo. There are plenty of ways to keep your overhead cost low. Get in touch with your network. People are always looking for new freelancing opportunities.
I am not one to sugarcoat some glamorous entrepreneurship lifestyle. I would be lying if I said it was easy, however, having an e-commerce store comes with benefits of a constant stream of income. This model helps you to generate income even when you sleep. How cool is that?
In order to be successful, you must adjust your lifestyle on many levels. Entrepreneurship comes with tradeoffs – steady paychecks, medical benefits, paid time off, sick days and a whole lot of other perks that come with employment benefits. In return you’ll start to understand that your income is directly correlated to what actions you take. Your success lies entirely in your hands.
E-commerce is and has been a life-changing avenue for many entrepreneurs. It doesn’t cost a ton of money to try. If it doesn’t work out, you’ll end up learning a thing or two – that sounds like a win-win scenario.
5 Reasons to Start
Work smarter, not harder! You are your own boss so act like it! Dress up, show up, and crush your goals.
2. 24/7 Income Flow
E-commerce continues to attract new entrepreneurs like yourself to supplement their income. Everything can be self-taught. The more you learn, the more you earn. Take advantage of the internet – watch YouTube videos and read how-to blogs to become a better business owner than you are today.
Check out these blogs: BigCommerce, HubSpot, Practical Ecommerce, WooCommerce
3. No Inventory
Simply put, there is a minimal overhead cost associated with starting an e-commerce business.
Feel accomplished by the work you do. Have you thought about turning your passion into a full-time career? This is your chance to break free from the ordinary and pursue your life-long dreams. Millions of sellers are turning their passions into a successful online business. Join them today!
5. Be The Best Version Of You
You’ll learn to believe in yourself in a way you didn’t think you could. You’ll develop habits that will not only propel you forward in your business but in life too.
5 Ways to Grow
1. Find Your Niche
Find the gap and start serving.
2. Offer Unique Content
Apply the quality over quantity method to all aspects of your business. Create high-quality content and provide outstanding customer service. Every little crumb adds up to the pie of portraying your business to the highest standards.
3. Give Your Customers A Voice
Everyone wants to be heard. Run photo contests and offer prizes.
4. Be Available
Customer service is an inevitable part of online business. Outsource if that’s necessary but always stay on top of customer questions, requests, and complaints.
5. Reinvest Into Your Business
Once you have established some source of continuous income remember to invest back into your business to drive more sales. Keep building your empire until you can take that long-awaited vacation.
We hope that this article inspired you to venture out of your comfort zone and start making your dreams a reality. What stages of the entrepreneurial process are you in?
Feel free to give us a call or shoot us a message in case you want to learn more about CustomCat and how we can help you get started on your entrepreneurial journey.