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re: My 15-year-old kid wants to start dropshipping
Posted on 6/28/23 at 12:38 pm to S1C EM
Posted on 6/28/23 at 12:38 pm to S1C EM
Let him try and fail and use it as a learning of why “get rich quick” schemes don’t work. But make sure he has some guide rails so he doesn’t lose a ton of $ in the process.
There are scam YouTube/tiktokers that pimp drop shipping and affiliate marketing and retail arbitrage reselling non stop. They all show mansions and fancy cars and make “7k a week!!” which is where he likely got this idea.
He will realize all the people of above are actually making their money by selling their ebooks/“coaching” and courses to others and not the actual work itself.
People do make money doing these things, but it’s a lot of work (full time job) for not a lot of actual profit because the market is so saturated now
There are scam YouTube/tiktokers that pimp drop shipping and affiliate marketing and retail arbitrage reselling non stop. They all show mansions and fancy cars and make “7k a week!!” which is where he likely got this idea.
He will realize all the people of above are actually making their money by selling their ebooks/“coaching” and courses to others and not the actual work itself.
People do make money doing these things, but it’s a lot of work (full time job) for not a lot of actual profit because the market is so saturated now
This post was edited on 6/28/23 at 12:40 pm
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