load and clear

When I’m trying to grow sales it’s close to 40 hours a week if you take everything into consideration – it’s a relatively self-running business once you get initial traction though. The big issue with ecommerce is that you have capital invested – generally about 10% of sales. A consulting company you have minimal. So the risk for ecommerce isn’t just losing your sales – it’s losing your sales + investment. Either way, I still think it’s one of the best business opportunities available right now.

It’s a very tight budget so you’d have to be realistic with your expected returns – at best you would double or trip your money. Keep in mind a professional Amazon selling plan is about $40/mo as well.

Ecommerce sounds like a good business to get into but weighing the cost / benefit analysis. I run a consulting and headhunting business based in Asia and San Fran with another partner. We’re both pulling on the average 500k in sales per year and our expenses are 1/5 of that, so it’s minimal and we’re not carrying any inventory, fixed costs, etc.
We both work 60-80 hours per week.

After your breakdown of 2 mil dollars in revenue your pretax profit is 300k roughly. What are your feelings on the risk / return for ecommerce and are you satisfied with bringing home a take home pay in the high 200k’s?

Thanks Dave

That’s ideal and the diamonds in the rough – very difficult to find.

So why not high demand, low competition?

The best niche for you is widely dependent on you. This article gives some good criteria though or you can check out our course :)