Entrepreneuring is easy and with this Jake Papa is sharing his story from being broke to a establishing a multi million dollar ebay store. Jake also teaches who others can open their store and chase their entreprenuer dreams. Visit my website JakePapa.com
QUICK INSIGHT ON HOW I BUILT A MULTI-MILLION DOLLAR BUSINESS
1. ZERO TO A MILLION
QUICK INSIGHT ON HOW I BUILT A MULTI-MILLION
DOLLAR BUSINESS
2. CONTENTS
ABOUT ME
ABOUT MY BUSINESS
WHY eBay AND NOT AMAZON OR SHOPIFY?
HOW DO YOU START?
3. ABOUT ME
so who the hell am I , and why should you listen toany thing that I have to
say ? In short , I run a multi -million dollar eCommerce business from the
comfort ofmy home , only working 1 hour a day . If that doesn'tinterest you
then you should not continue reading anyfurther . If that does interest you ,
then we l come to thefirst day of the rest of your life .
I didn’t come from a wealthy family. Don’t get mewrong, my parents were
comfortable middle class.There was always food on the table, clothes on
myback, and present sunder the tree.But they workedthemselves raw.I
always sappreciated that my siblingsand I were taken care of,but I wanted
to live a lifethat didn’t revolve a round my job.When I was young Iwas
always looked at a shaving noworket hic. It wasthe only thing my parents a
greed on.I“ needed to learna work ethic”. The truth of the situation is I
justthought differently abou twork an dabout life.Myattitude was if I
didn’tat leasten joy what I was doing 90% of the time then what is the
point?Many view thisAttitudeas idealistic.But this idealism turned into my
reality.
4. I graduated fromcollege with a double major in Information Technology,and
philosophy .I also Graduated over $40,000 in debt.Right from college I Got a
corporate tech job and was running my eBay Business on the side.I was
going crazy.People telling me when and where to be some where for 8+
hours a day was torture. I lasted 6months before I Quit and started focusing
on perfecting my eBay craft. While learning all I could, at this point Iwas
living at my girlfriend’s parent’s house (no idea how they put up with me
for so long).I talked to the best ecommerce minds in the world.People that
knew the in sand outs of eBay, Amazon, and Shopify.I didn’t have any up
front capital,so selling on Amazon and Shopify were out of reach form eback
then. Being $40k in debt and because there is very little up front expense,
eBay was my only option to break the cycle of living my life to make some
on else rich.
Fast forward 3years, bynow I’ve learned every aspect Of selling on eBay,and
out sell the people Iinitially Learned from.This business changed my
life.There are No words to express my life,but if I had to express my Life in a
word,that word would be FREEDOM.
5. ABOUT MY BUSINESS
Let's get to the point.What I do is called drop shipping And where I do it is
eBay.There are suppliers all Around the world that will give you their
product information.You take that product information and postiton eBay
and mark up the price a percentage. Let me clarify.YOU DO NOT HAVE
INVENTORY! You only Take their image and description.Only AFTER the
buyer Pays for the product on eBay,you take the buyers Money and then buy
it from yoursupplier.Yous hip the Item directly from the supplier to your
customers house. YOU NEVER EVEN HAVE TO TOUCH THE PRODUCT!
One of the question I get asked most oftenis"how do You adve rtise your
products".Here is one of the best parts.eBay advertises every thing for
you.Some one will search for a product,your product just pops up (along
with a bunch of others) on the eBay page.There is no advertising cost.
How crazy is that business model right? Now imagineal of the cashback
incentives you get from spending millions of dollars.And its note veny our
money.It's your buyer smoney.
6. WHY EBAY?
When I first started ,as state dearlier I was $40K in debt.There was no way
in hell I was going to be able to have inventory and then market my
products. With amazon you need inventory,but don't necessarily need to
market your products. With Shopify you need to market your products,but
don't necessarily need inventory.
eBay was the absolute best of both worlds. You didn't need inventory no did
you need to market the products. The only thing you absolutely need is an
eBay store, and as of writing this they are only around15 buck samonth for
the basic one.
So if you read this correctly, you understand that you Really don't need
much upfront capital to start this business.That is why I chose eBay to start
my entrepreneuriaI endeavors.
7. HOW DO YOU START?
The first thing you need to do is make an eBay store And connect a paypal
account.
Second, you need to do product research. I usually Recommendusing
Amazon as a source to get products At first to get started with some good
feedback.They Have 2 day shipping for prime members,and your Customers
will really appreciate that.
Third,you need to take the images and description for The product,from
the site supplying it,and list it to Your eBay store.
Fourth,markup the price,but not too high or it wont sell.
Fifth,once you get a sale copy paste the buyer Information to the supplier
site,and ship the product To the buyer.
8. If you would like ALL THE TIPS,
TRICKS , AND SUPPLIERS I use, with
STEP BY STEP video instructions
Visit my website JakePapa.com