/entg/ - Entrepreneurship General - 2023 goals edition

[Anonymous No.53114070]

Entrepreneurbros, what are your business goals for 2023, and what successes did you have least year?

I managed to make my first money online with a Shopify store. It wasn’t much, but it felt so good. In 2023 I’m building an agency with a friend of mine (he’s good at marketing and I’m good at sales), and I’m starting a blog. I’m really motivated right now, but I wanted to talk to some like minded people to keep each other accountable. My personal goals are to make 50k on Shopify and 100k with the agency. I want 10k+ pageviews a month for the blog by the end of the year.

[Anonymous No.53114647]

>>53114070
Current goal for 2023 is to develop and sell a particular type of software that can make hundreds of thousands overnight for some clients

[Anonymous No.53114680]

>>53114070
Delete this

[Anonymous No.53114739]

>>53114070
>I managed to make my first money online with a Shopify store

Dropshipping or you have the inventory on hand?

Single niche item or lots of different products?

Are you marketing with anything like Facebook ads or Tik Tok shorts?

Lastly, how did you decide on a niche or product for the store?

The last one is where I'm struggling. I found a decent product idea but the quality is kind of shit on Ali express and of course the shipping times are atrocious Idk how anyone succeeds with it. Kek

If I buy wholesale and stock the inventory myself I'd have to spend around $5500 to get started and I'm not entirely sure on how well the product would do so I want to opt for drop shipping. How to find better quality suppliers?

[Anonymous No.53115238]

>>53114070
>start offering service
>get a few clients from friends
>these clients always have other friends who want/need service
>get exponentially more clients by the month
Damn, it really does work like they way it does.

[Anonymous No.53115247]

>>53115238
*like the way they say it does

[Anonymous No.53115279]

Man OP sure abandoned the thread quick kek

[Anonymous No.53115299]

>>53115279
if it was a shitcoin thread it would reach bump limit in 3 hours
funny isnt it

[Anonymous No.53115317]

>>53115299
>>53115299
Yeah I was hoping he'd answer my short list of questions to some degree. I'll keep monitoring the thread maybe he will return.

[Anonymous No.53116778]

>>53114739
Good morning anon. I went to sleep, but I’m up early in my time zone.

I’m stocking the inventory, my particular niche isn’t prone to drop ship as they aren’t made in China. I have about 15 different products that are all related under a general umbrella, so I still have a niche, but it is a bit of a general store. I work in E-commerce during the daytime, so I found this niche through day to day observation about where everything was coming from - part of my niche is that my products aren’t cheap crap from China to begin with.

I’m using google ads, but it took a while to get them anywhere close to profitabile. I’ll be playing with Facebook this year. Ads are the part most online “gurus” skim over because they are the hardest most expensive part of the process.

Have you looked into sourcing that product in North America/ Europe? My background is in sourcing/ product development so I was able to find domestic suppliers that made what I needed. It takes a bit of work, but you actually can find local manufacturers of most everyday things so long as it’s not some weird plastic or electronic gimmick - that’s what China excels at. The other great thing about domestic manufacturing is they can actually have much lower MOQs that China. I don’t get the long shipping times either - it’s insane.

[Anonymous No.53116805]

>>53115238
I’m hoping to have this happen with our agency model. So long as you’ve figured out the product really well, and people really need it, they’ll go for it.

>>53114647
Have you managed to do something similar before? I hear making apps/ niche websites/ drop ship stores, building them up to a reasonable amount of business, and then selling them, is a popular way to accumulate wealth. Of course the hard part is learning how to build those digital assets with any kind of speed.

[Anonymous No.53116848]

>>53116805
No it isnt. If you can search uoutube for guides on it then its likely too saturated for good money. Its much better to find a niche market and build around it. For example i make monthly sub based cheats for mobile games. Its not easy to do and its not saturated. Although i am a small provider i raked 85k in btc last year from a side hustle

[Anonymous No.53116956]

>>53116848
Any good guides you suggest? Maybe it is saturated, but I am starting to finally get a good roas after optimizing things.