Dropshipping and funding your life purpose

[Cocolove]

For a few years I've been pursuing my life purpose in permaculture and recently I've been thinking I should really find another way to make money as a transition business.

So first, does anyone who has really looked into it know if dropshipping is a viable way to make money these days?

And what do you guys think about needing funding to start your life purpose? I am tired of working a job as I work towards it.

[Lyubov]

The people who earn money doing drop shipping are the ones selling the courses on how to do it. During a gold rush the guy selling shovels earns the most money. 

[Cocolove]

You really think you can't make money doing it? What is your experience?

[Jacob Morres]

yeah a lot of people do it. though i don't think it's a get rich quick scheme. you'd need probably a long-term time horizon, a high degree of skill and some connections in the field 

[Lyubov]

You can earn money doing many things if you’re creative and driven enough and have the necessary knowledge to see pain points and problems to solve in the market. 

If you’re passionate about e-commerce and want to open your own little business I would research how to market and find a niche or demographic you wish to serve and try to find a way to solve a problem for these people. Maybe it comes in the form of drop shipping them a product.

But just raw drop shipping alone, it’s largely a fantasy and there are nefarious individuals selling courses on it because it became a get rich quick scheme trend a while ago.

Make a business plan and calculate your margins. Yes, you can earn money online doing this but it isn’t some walk in the park. E-commerce is highly competitive and you’re going to have to focus on marketing and sales skills first, you probably won’t see floating margins for junk from Ali express sent by you to the USA right away.

So in summary I would start with studying marketing and entrepreneurship, look for a problem to solve, find locks and fashion a key for them. Don’t make a key and look for locks it fits in. 

Edited October 30 by Lyubov

[Cocolove]

okay yea im totally aware of the get rich quick scheme stuff. But i am genuinly passionate about it and just want some remote income on my own time frame. Going to start a brand related to holistic health products. 

 

One crazy thing is that I don't see that many people actually competing. I think because it attracts the people who want a get rich quick scheme, they quickly drop out when they realize its actually a skill set you need to learn over months. There are very few people actually consistently working at it, when I go check out free courses, live streams, discords, barely anyone makes it through the funnel to where they can actually learn.

What do you mean by the lock and key?

[Mada_]

On 10/26/2024 at 7:34 AM, Cocolove said:

For a few years I've been pursuing my life purpose in permaculture and recently I've been thinking I should really find another way to make money as a transition business.

So first, does anyone who has really looked into it know if dropshipping is a viable way to make money these days?

And what do you guys think about needing funding to start your life purpose? I am tired of working a job as I work towards it.

my strategy is trying to build skills that are high ticket, but will also propel your life purpose. Leo talks about smooth transitions in the LP course, is there a skill that you yourself need in you LP niche that you could develop and sell to other businesses? 

examples not intended to bias you:
- perhaps you need a high speed landing page to get permaculture clients, you could go really deep on building functional websites and sell this service as a freelancer

- perhaps people in your niche want to start making high quality digital products but don't have the technical skills to do it themselves. You could learn production and film and then subcontract the funnel to a digital marketer on Upwork. 

 

[ChrisZoZo]

@Cocolove My friend succeeded in what I think is similar to drop shipping. He had to work a whole year testing and failing various products. And each test cost 2 grand because that’s the only way to see if the advertisement really works and if the product really sells. Out of the mini, he tried most didn’t make any money. But one made £500,000 in sales but the costs were about £300,000. 
 

so if you’re gonna do it, don’t half ass it you have to go all in terms of work ethic and only invest large to test and when a product really works go hard. 
 

He said one of the biggest lessons was that you can’t sell something new. You have to sell something that public actually has a pass record of buying. 

[ChrisZoZo]

Also watch for scams their are so many scams in digital marketing focusing on people wanting to make money from it. 

[Cocolove]

@ both of you thanks that is very helpful

@ChrisZoZo I'll be thinking about what kind of skills I'll need. I just wish there was a good way to make money analyzing ecosystems in permaculture farms but tha supply and demand just isn't there.

I don't remember that part of the LP course ill look into it.

@ChrisZoZo Yea lots of scams. But what you're saying sounds accurate.

[Cocolove]

I listened to the smooth transition video just now and it doesn't really apply to this.

I started a farm business for two years and it was great, but you're really not gonna make much more than $20 an hour and I don't know if I want my whole life to be tied down to a farm at age 22. I want to travel and spent time in nature, I can live in a vehicle for like 25k or less a year, I don't need anything crazy.

Ultimately I still want to farm but it's just something that is hard to do without much capital.

[Schizophonia]

It's probably the worst way to try to make money.

 

[Schizophonia]

There will be a lot of concurrency, and you will probably have few or no customers ; It's a essentially a question of chance, being at the good place at the good moment. It's a false good solution, a bit like becoming a computer scientist now.

There is work niches with a lot of demand and will allows you to win several thousands of euros per month, particularly in crafts, construction or personal assistance. Actually even a well-run restaurant can provide you with a decent living ; You need to respond to people needs.

My mentor Franck Lopvet indeed advice to have a "security" jobs to allows yourself to do what you want in your passion until it eventually becomes profitable.

 

Edited November 1 by Schizophonia

[Cocolove]

@Schizophonia Thank you, i appreciate it. What experience do you have? no offense just curious because there are plenty of people who say that but I don't know who really has knowledge of it.

 

I just listened to the life purpose "so good they can't ignore you" review and I feel like I have really put a lot of work in to farming, and I still want to do it, but it just really as an industry has a limit on what you can do with it, at least for the first decade. 

[Cocolove]

I think I might take the course again. been thinking about things a lot. Here is my journal

See the following notes from reality transurfing: 

 

 

Page 79 and 80 have some really good things on money; must reread:

 

-fear of money, budgeting, fear of income decreasing or that there won’t be enough will manifest itself

-instead, focus on things OUTSIDE of money, we think that money is everything and pendulums convince us that money is the source of joy

    -this means for me being present, finding joy in nature and relationships, which is the true source of joy, and no matter what happens with money I will have this. 

    -also be grateful for the money I do have, appreciate the value it does give me. Appreciate when money does come but do not worry about it.

    -pendelums convince you you need money to achieve your goals, and you loose sight of your purpsoe. 

you cannot make a lot of money in a pendelum that is not aligned with your purpose

 

Focus on the actual goal, e.g. to travel and spend time in nature with a community, and money will come as an accompanying attribute.

 

You cannot place the chances of achieving your goal on the condition of getting money first. Visualize the original goal. 

 

Do not be frugal and afraid, but this doesnt mean be careless. Use enough money to achieve my goals, but still treat it with respect

 

It says that you cannot make money a part of your vision, and that money will come on the way, but not to pursue something which is not your vision. So I am journaling to help discover if e-commerce in in alignment with my vision. I don’t think having doubt necessarily means that it isn’t. I think dropshipping a bunch of shit products would be cool if it made lots of money and was a means to an end, but putting a lot of time into that might not be good for me. I do really like the idea of owning a store aligned with what I believe in, and just needing to focus on the content creation. Even with farming, any path to it is going to be full of things I don’t particularly enjoy. 

 

I really love being able to travel, having financial, time and location freedom. But this cannot be a goal with a means of money. It cannot be dependent on money, according to the book. So I think the right thing to do is to really focus on appreciating that, gratitude, I have it now, enjoy it. I really should focus on my fear around money.

 

Back to the question, should I do dropshipping? Is it in alignment? I am asking this question to my subconscious mind and it will come back to me with a clear answer

 

 

 

The idea of being a holistic health coach popped into my mind last night. And I’ve been thinking a lot about the idea of making really high-quality free courses. I put a decent amount of work into them. I could pump them out on a regular basis, and continue to reference them . This is something I would feel authentic and genuine about doing. I think if I was doing really high-quality work like this, I could really succeed, I could make short daily videos constantly advertising them. this is a top passion of mine at least equal to farming. There is definitely a market. 

 

it definitely makes sense to heed the wisdom of focusing on one thing at once. I can see how fracturing my attention long-term would lead to not mastering anything. Imagine a scenario where I consistently try to do drop shipping, over the course of years if it only takes half my attention I will get way less than 50% of the results of if I really mastered it, I don’t know if I want to master drop shipping is the thing. also for holistic health, it will not exactly be easy to make a living and getting clients at first until I have enough customers and can charge a decent rate, and eventually make passive income through online courses. Also, same with the 50% thing, with less effort, I will definitely get way less than a proportional amount of results. In other words, the more mastery and knowledge I have, the more exponential the results will be. 

 

now for reasons and ways to do both. Until I am sure about something, it makes sense to keep investigate in multiple areas. It definitely doesn’t make sense to go all in long-term on multiple areas and try to maximally master multiple do maintenance, but in the short term, it can make sense. how can I continue to do drop shipping effectively but without full effort? For one this would definitely involve not focusing on hopping on trends and testing a bunch of products. For example, I would set up a store and then that would be done with, instead of constantly going through that process, on the one hand, the holistic health thing could be a good advertisement, but I do really think it would destroy my authenticity and trust just over trying to sell a cheap Chinese shower filter. I don’t really see it being viable to sell actual premium products that I fully believe in via drop shipping. It could totally destroy my holistic health brand just trying to make a quick buck. however, I could do it separately and just keep making content in that domain as of now it makes sense to keep trying and investigate in, but I’m not sure if I see a place for this long-term, best to choose one thing.

 

I think my heart is telling me that drop shipping is not in alignment with my purpose. I suppose I was thinking I need a temporary source of income until I can do farming, and maybe this will be it. I could keep doing it, but I do feel that my heart is not in it, totally could make money doing it, but it would require a lot of difficult, hard work, and without a sense of purpose I don’t think that would be in alignment and I would be motivated to do that. In contrast, if I was really helping people understand and learning about holistic health, and making it into a business I think I would be a lot more motivated to work very hard to do it.

 

I suppose I should start off with getting more clarity about what I want to do ultimately. What I want to do is be an educator about holistic health and then farming too then maybe it makes more sense to go directly for that. if I really just want to have a farm and I need a means to an end, then it makes sense to do what is practical and if being a holistic health educator and coach isn’t it for me, then it doesn’t make sense to use that as a more pleasant means to an end.

 

so, for now, I will keep exploring all the domains, and allow my subconscious mind and soul to come to the conclusion about what I most want. I should take the life purpose course again.

 

 

look into holistic health certification, like paul chek

 

The idea of making a bunch of high-quality free courses is really appealing. I could get a high-quality video editing software and get back into that, it would really put the course together to have good intro, music and visuals and cuts. 

 

 

I could work as a video editor while i build my business…

 

Affiliate marketing would allow me to actually recommend the best products that I really believe in

 

[Cocolove]

Really curious about how to decide when you have multiple things you really love

[Schizophonia]

On 11/1/2024 at 9:53 PM, Cocolove said:

@Schizophonia Thank you, i appreciate it. What experience do you have? no offense just curious because there are plenty of people who say that but I don't know who really has knowledge of it.

I worked here and there in construction.

 

[Cocolove]

haha no offense but whats that have to do with dropshipping.

 

1

I really love permaculture. I still think this is my life purpose, but I just can't make that much money selling vegetables and don't want to be tied down to a location all of my 20's. I want to build a community and do it with other people later on.

2

I really like holistic health too, but I don't know if I want to coach people, make content, etc. 

3

Dropshipping is interesting to me, and I enjoy it, but it doesn't really align with my values and i don't know if i could push through long term.

 

So hard to decide. Very curious about other people who eventually decided on their life purpose.

[Cocolove]

Someone lecture me about making money by creating value,

[PenguinPablo]

On 11/1/2024 at 3:27 PM, Schizophonia said:

My mentor Franck Lopvet indeed advice to have a "security" jobs to allows yourself to do what you want in your passion until it eventually becomes profitable.

 

I agree. Being a security guard is a great job since their is a lot of downtime to do whatever!