I built a multi 7-Figure eCommerce business on a small budget, here's the TRUE number behind how much money you should save before you start doing Shopify Dropshipping. Instagram: @BOWLES 30 Day Ecom Academy:
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Save This Much BEFORE You Start Dropshipping | 2019 Startup Costs
Today I share the exact amount of money you should save in order to start your Shopify Dropshipping business in 2019.
Your 3 primary expenses will include monthly hosting fee's, marketing and learning how to set things up correctly!
I always recommend that AFTER any learning, coaching, courses, seminars or ad strategies are paid for, you should leave yourself with a $1,000 budget for Facebook Ads or more, just to make sure you have enough to run a couple ads every day for a few weeks, build data and test to see exactly what's working and what's not.
Facebook is all about cause & effect when you are testing to see what response you get back. So in order to do that effectively, you definitely need a little bit of a budget to work with.
Just make SURE you don't make the same mistake I did. I skipped over investing in the learning, and blew through all $5,000 I had saved up by running Facebook Ads with no guidance. Big mistake, don't do the same.
I hope this helped, leave a LIKE if you enjoyed!
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*Disclaimer* I am not in any way a certified financial advisor, nor do I pretend to be one. Any information or advice I give you on any social media platform is simply my opinion based my own own experience and research. There is no guarantee on anything due to the fact that there are many variables that play a factor in your success. Do your own research, do the work and take everything as an opinion.
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