X0t0
Regular Member
- Aug 19, 2016
- 432
- 130
Hello, i lost all my money this year i have 2K left in my bank account , i'm going to start again and start making money , i have no life expenses, except my wifi bill , since i'm still living with my parent.
the lesson i learned this year is to not jump to any new business without having a cashflow . and this is why i lost all my money i just went to a a whole new business and leaving my old on without having any cashflow from it.
now i'm trying to keep working in this one, but first i'm making a cash flow with ebay Dropshipping.
I hired two VA with 4h / day , 5 days a week for 1.5$/h. to just do product research and i will do it too and i will list them by myself , since i can't use any software i'm using just Chinese suppliers , i don't have any problem of repricing.
This is my Sales overview , but it's messy here , since i didn't work in my store last week and last month too i kept i shut it down and starting again because i wasn't interested , so i start only like 3 days a go , now i don't have a lot of items this is why sales are so low
Expenses :
Store Subscription : 74.95$
Product Research Tool : 29.99$
2 VA Payout whole month : 300$
Total : 404.94$
Earning : $13.09
Profit : -391.85$
the lesson i learned this year is to not jump to any new business without having a cashflow . and this is why i lost all my money i just went to a a whole new business and leaving my old on without having any cashflow from it.
now i'm trying to keep working in this one, but first i'm making a cash flow with ebay Dropshipping.
I hired two VA with 4h / day , 5 days a week for 1.5$/h. to just do product research and i will do it too and i will list them by myself , since i can't use any software i'm using just Chinese suppliers , i don't have any problem of repricing.
This is my Sales overview , but it's messy here , since i didn't work in my store last week and last month too i kept i shut it down and starting again because i wasn't interested , so i start only like 3 days a go , now i don't have a lot of items this is why sales are so low
Expenses :
Store Subscription : 74.95$
Product Research Tool : 29.99$
2 VA Payout whole month : 300$
Total : 404.94$
Earning : $13.09
Profit : -391.85$
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