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/biz/ - Business & Finance

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8698857 No.8698857 [Reply] [Original]

How do you bizness men make money on the side? Is dropshipping all that it’s cracked up to be? In before knee pads.

>> No.8698884

>>8698857

>welder
>500k in a low cost of living area

>> No.8698888

>>8698857
I entered at 2k so all profits now. If it goes to that level I might kill my self.

>> No.8698896

>>8698888
Checked

>> No.8698913

I actually have a real job.

>> No.8698935

>>8698857
Listen to the reply all podcast episode about dropshipping. It will most likely cost you money.

>> No.8698980
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8698980

>> No.8699018

>>8698884
Did you mean $50,000?

- Welding Engineer making $120k first year out

>> No.8700171

I raise and grow my own food and alcohol so all the money I make at work goes mostly towards making more money

>> No.8700186

>>8698857
what is dropshipping?

>> No.8700201

>>8698884
lol. your standard shop welder in a low income area makes like 15-20$/hr. its def not a lot unless you are doing more specialized welding and/or you are exceptional .

>> No.8700208

>>8698884
500k if you are an underwater welder

>> No.8700216

>>8700171
This, basically.
I also have a small batch hot sauce business that I do limited releases of every year.

>> No.8700276

It really is knee pads.

>> No.8700318

>>8698857
The dropshipping meme is for brainlets. Products take a month to arrive to customer (overseas shipping). When the customer does get the product (or doesn't) they will ask for a refund because either it took longer than they expected or they just want to scam. Since you don't have control of the supply you have to take their word or deal with chargebacks anyway. You have to also spend money on marketing or else no one will find you. And if you want to do it on Amazon, they can find your supplier (because you drop ship to Amazon warehouses) and cut you out then slap Amazon Basics branding over it. You have to be an idiot.

>> No.8700359

>>8698857
Btw, don't you have meme shirts to sell and music to make so you can beg for donations on facebook?

>> No.8700420

How much do people actually make from dropshipping?

>> No.8700462

>>8700216
I make sauces and chutneys but never thought about selling them, suggestions into turning this into a profitable side hustle?

>> No.8700496

>>8700462
Labeling is key, develop something you like but also will appeal to whatever your customer base is going to be. For both of us, its probably small farmers markets/harvest festivals and things like that. I like simplicity, clean and a crisp look and so far it sells. You might have to develop your recipes differently than usual to appeal to the palate of the people. If you do end up finding a small farmer's market or something, either look for someone else that is small and on their own to try to share booth space with or shell out the money for your own. You'll want a menu and a banner-type thing going on by then.

>> No.8700516

offer translation services
use google translate for minimal effort
still get paid by dumb fivrrr buyers