Discussion in 'My Journey Discussions' started by PBNSurprise, Jul 2, 2019.
This went from 100$ a day to 1million$ a year. Love it man! Keep it up!
Legendary story! you are really motivating!
thanks for all the support!
i started using quickbooks to keep track of all the profits so that it's easier to pay quarterly taxes when it's time. this is all the income i've made from my shopify and paypal payouts. the expenses include a lot things such as my phone bill, internet bill, electric bill, etc. basically all expenses that could relate to my business. i'm counting these as expenses so my profits are lower and thus i pay taxes on a lower number. otherwise it looks like i'd be up around $700 due to utilities
for anyone transitioning to running a legitimate company i highly recommend quickbooks to track your profits accurately. it' easy to use. at the end of each quarter you take the amount of profit and send 20% of that to the IRS if you're just starting out. if you overpay, you should get the money back when you do your annual tax return
Awesome as usual Looking forward to more posts.
So..What if I am stuck at 10 sales for a couple of weeks? Will I need to wait till I hit 50 to collect the money from those sales meanwhile I am fulfilling the orders?
@PBNSurprise I believe there are a couple of good solid dropshipping courses you can download from the Members Download section. One is from Gabriel Saint Germain, Hayden Bowles, and Arie Scherson. You can start there to study and learn the ins and outs of the dropshipping business and just build your own guide/method from there.
Good luck with your journey.
I just wanna ask you about a dropshipping agent, Do you have any information about how we can find them?
i recommend having a credit card so you can place orders on that and pay it off later. i've been learning using gabriel saint germain's free youtube videos
the dropshipping agent i use is cj dropshipping, they are the most popular china agent from what i'm aware
Following. I don't have enough time yet to properly read everything from page 1 to recent.
But given with OP's first post on the thread, I'm expecting that this will be a detailed journey. It's always a good read for a journey when OP is almost explaining everything.
I hope to learn from this journey and definitely wishing you all the good luck. I'll check this back soon.
They have a USA Warehouse?
i wasted about $600 testing 5 ads lol
it was retarded. i thought i could make this master plan with super LLAs and interest testing work lololol
but then i realized. the ads i got from fiverr are complete dog shit gay shit lol. get no clicks and interest whatsoever
so yeah. i shut all the shit off and turned only 1 ad on. my winning ad at $500 per day on a CBO lol. now it's time to make some money lol no more pissing it away like a jack ass lol
i'm basically gonna make similar ads to the one i have every month. so today i'm gonna go out and record 3 ads on my own, and rotate more in every month. then i'm gonna make a super LLA by testing 5 value based audiences: add to cart, purchase, initiate checkout, add payment info, and view content. will test all 1% for the US then select the top 3 and put in a super LLA, 1-5%. may even test 5-10% for US. will test for canada, austraila and the UK as well, 1-10% of those 3 countries. the goal is to have 5 super LLAs running at all times, 1k per day on each of them. then rotating in 2 new ads every month. 3 ads running at all times per adset
for starters i'll be happy with 1 profitable super LLA at 1k per day, and a retargeting at $100 per day
huh so u do your own video got ad?
Very inspirational thread.
One question please, eventually, after all, do you think a one-product store is better than a couple of products or maybe even a 'colbo' store that has lots of products, and than advertise it to get more sales?
I am about to start my own business but I don't know what I should do. Go for that one-product store or maybe not and open a wider and bigger store with some more products.
Fuck yeah !! thats what im talking about !!!
I admire your persistence !! I hope you become better than Gabriel (considering that you followed his steps )
Following this from day 1 !!!!
Where did you found your agent? Any advice would be appreciated.
Happy to see your revenues are passing +$2K per day !!!!!
one product store definitely. they are easier to manage
my agent is cj dropshipping
i'm testing all 1% LLAs for 5 value based groups: view content, add to cart, initiate checkout, add payment info, and purchase. so far add payment info, view content, and add to cart are doing the best. i'm gonna let each ad set run until $50-100 spend and then pick the top 3 with the highest ROAS. then i'll create a super LLA for these 3 groups. i'll start with $500 a day on that super LLA then $700 the next day and finally $1k the day after
then i'll start testing a super LLA for canada. once i have a few super LLAs up i'll monitor the performance daily and focus on creating more ads. i have 3 ads running right now. my goal is to input a new ad every few weeks. eventually i'll have 10-20 different ads per adset. hopefully this will keep this consistent. so all i have to do is monitor my super LLAs daily and watch them bring in profit. the dream is to be able to let the ads run every day for months without touching them and still having the bring in profit. this will allow me to focus on order fulfillment and my next goal which is reaching out to manufacturing companies.
i'll probably start the manufacturing outreach after 2-3 months of consistently profiting.
i also officially have my own LLC and have applied for a sales tax permit. i understand how i'm suppose to pay quarterly taxes and collect sales tax. i still to get tax jar. so with the taxes and legal side i should be okay
also, this is where i'm at for today. and i'm TESTING right now, not even aiming for profit
Hey man, I just read through this whole thing and jeez, what a journey.
Looks like you really put a lot of passion and work into it, good luck on the rest of your journey!!
How many events until you create a LAA?
Just wanna ask about CJ dropshipping, do they accept PayPal or just credit card like AliExpress and others?
Keep it up man. I realize through your journey that drop shipping works well with my addictive personality.
Reminds me of when u was actively teasing l trading short term options.
After you have the badass new product designed you should go blue and let us in on what it is. Hopefully by then I can afford one
today wasn't so hot. i'm at a 2.57% conversion rate and down around $60 for the day. i don't know why my ads are performing such shit today. i made some changes, hopefully tomorrow is better
@PBNSurprise Hello and congratulations. You rely 100% on FB Ads ?
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