📞 Ready to Take the Next Step? https://dropshipunlocked.com/training-watch-apply?el=blog-75-starting-on-your-own

🗣In this episode of the Dropship Unlocked Podcast, hosts Lewis Smith and James Eardley delve into the realities of starting a business solo. 

They discuss the challenges, the highs and lows, and the essential strategies for succeeding on your own.

👉 Do you know someone who would love this? Share this video ➡️ https://youtu.be/oWuJXInAll8?si=h_aBsgLPRvEHcr51

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Links and Resources Mentioned:

Pick up a copy of Lewis’ book: https://htabook.com 

Get Shopify for £1 a month for 3 months: https://www.dropshipunlocked.com/shopify 

Get a free trial with a professional phone line: https://www.dropshipunlocked.com/circle 

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Key Takeaways:

★ Seek Mentorship: Reach out to mentors and experienced entrepreneurs to avoid common pitfalls and gain valuable insights.

★ Leverage Community: Join communities and forums to connect with other entrepreneurs, share experiences, and stay motivated.

★ Use Automation Tools: Prioritise tasks and use automation tools to manage repetitive tasks, freeing up time for growth-focused activities.

★ Invest in Learning: Invest in courses and programs that provide a structured path and help you stay accountable and focused.

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Learn More:

 ➡️ When people are ready to create time and financial freedom for themselves, they visit - https://www.dropshipunlocked.com/free?el=blog-75-starting-on-your-own

 ➡️ Subscribe to The Dropship Unlocked Podcast to stay up-to-date on the latest episodes, and leave a like to help others discover the show.

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Topics Discussed:

In the "Dropship Unlocked Podcast Episode 75," hosts Lewis Smith and James Eardley, along with guest speakers, share their experiences and insights on the challenges of starting a business on one's own. Lewis discusses his struggles with launching an ecommerce store, emphasising the importance of seeking guidance from experienced individuals and communities to avoid costly mistakes. Speakers also share their experiences of feeling overwhelmed and the importance of focusing on the basics, learning from others, and prioritising tasks. Entrepreneur Louis Grenier emphasises the value of seeking advice and joining a community for improved effectiveness and access to resources. The podcast also addresses identifying middlemen when sourcing UK dropshipping suppliers and encourages listeners to leave reviews for the podcast's continued growth.

• 00:00:00 In this section, the hosts, Lewis Smith and James Eardley, discuss their experiences and insights on starting a business on one's own. Louis shares his early struggles with launching his first ecommerce store, believing he could do everything himself. He spent countless hours creating a Shopify store and running ads, only to face numerous challenges with difficult suppliers, language barriers, poor quality assurance, and long delivery times. The low profit margins and poor customer experience further compounded the issues. If Louis could go back in time and speak to his former self, he would emphasise the importance of seeking guidance from experienced individuals and communities to avoid making costly mistakes. The hosts encourage aspiring entrepreneurs to focus on the basics and learn from others' experiences to make their business journey smoother and more rewarding.

• 00:05:00 In this section, the speaker shares her experiences of feeling overwhelmed when starting a business on her own. She recalls juggling various roles, from CEO to marketer, customer service rep, and accountant, which felt like hitting a brick wall at the time. However, she emphasises that valuable lessons emerge from these challenges. The speaker advises solo entrepreneurs to be open to learning and adapting quickly, understand the basics, and focus on the fundamentals before diving into advanced aspects of the business. She also stresses the importance of prioritising tasks based on impact and utilising automation tools or outsourcing to manage workload and avoid burnout.

• 00:10:00 In this section, the speaker shares his personal experience of starting a business and the challenges he faced. He emphasises that overwhelm is a significant obstacle that can prevent individuals from taking necessary actions to grow their business. The speaker admits that his initial foray into dropshipping through YouTube videos and Facebook ads did not yield the expected results. He then discusses the importance of seeking help and learning from others' experiences to avoid common pitfalls. The speaker emphasises the value of investing in courses and programs for structure and accountability. He also highlights the importance of mentorship and community support in overcoming challenges and growing a successful business. The speaker concludes by sharing how Dropship Unlocked aims to provide resources to save members time, money, and help them grow faster through access to experienced mentors and a supportive community.

• 00:15:00 In this section, entrepreneur Louis Grenier emphasises the importance of seeking advice and being part of a community when starting a business. Using tennis and swimming as analogies, he explains how having the correct technique can significantly improve one's effectiveness. He highlights the benefits of learning from others, including access to knowledge, motivation, accountability, and moral support. Grenier also discusses the importance of networking and forming partnerships, which can lead to opportunities and business growth. He emphasises the value of investing in oneself and joining a community that provides guidance and support, making the journey to business success smoother and more effective.

• 00:20:00 In this section, the speaker emphasises the importance of joining a community when starting a business. According to him, communities offer both tactical and emotional support, saving time and effort by providing answers to common problems and making the entrepreneurial journey more enjoyable. He shares personal experiences of building businesses through connections made in communities and highlights the ease of decision-making and access to experts within a trusted group. The speaker concludes by encouraging listeners to check out his book, The Home Turf Advantage, for guidance on building a business and becoming part of a dedicated community.

• 00:25:00 In this section, listener Josh asks about identifying middlemen when sourcing UK dropshipping suppliers. Middlemen, who work with brands as distributors, can offer access to multiple brands and sometimes be the only route to market for retailers. However, retailers should ensure they receive a healthy margin, as middlemen may take a cut. To determine if a middleman is offering a 30% margin, Josh was advised to ask directly. If satisfied, retailers can proceed to work with the middleman. The podcast also highlights a positive review from listener Donna Morrison, expressing her appreciation for the podcast's honesty and sincerity, and her intention to join the program. The hosts encourage listeners to leave a review for the podcast to support their continued efforts.

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LinkedIn: https://uk.linkedin.com/company/dropship-unlocked 

Youtube: https://www.youtube.com/c/dropshipunlockedlewissmith 

Website: https://www.dropshipunlocked.com/ 

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★★★Dropship Unlocked - Lewis Smith★★★

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...Even If You Don't Yet Know Which Products To Sell

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