Hello to whoever reads this!
I’m a 21-year-old trying to navigate the path my future will take. I come from a lower/middle-class family, the way I’m currently living feels like a potential nightmare if it shapes my future or the resources I can provide for my future children. I understand you might wonder why I’m thinking so far ahead, but with many of my peers progressing in their lives and graduating university, I can’t help but consider my own trajectory. I want to build a name for myself, and in this era of high living costs, a normal job might not suffice. It seems like nowadays the only wealth that lasts is being born into generational wealth, which I wasn’t born into and so now I’ve gotta think outside the box.
Now, during my university break, the idea of starting a business or venturing into e-commerce (specifically, dropshipping) has been on my mind. However, navigating this market proves challenging, given the advice, some say “dropshipping is dead” while others sell their courses. It’s a bit overwhelming, and I’m left wondering where to start and who to trust for authentic guidance. Ultimately I aim to invent and launch a brand, my current wage feels inadequate for such goals. Therefore, my plan is to build my income before diving into the challenges of running a business.
I find myself at a crossroads, uncertain about the best path forward. I’m determined to make money, so any advice or guidance would be greatly appreciated. Help a person out.
This will be such a messy comment bear with me,
We’re almost the same age , i just started doing business earlier until war broke out in my country. Almost Everything people told me was a bad idea was one of the most profitable businesses i started, what worked for someone might not work for you, some people failed in e-commerce and others succeeded heavily , thats just how life works, and you’d never know what works for you unless you try.
The best thing and advice Ive ever got is read, learn while doing. Apply everything you learn. Ill tell you this right now, start any sort of small business on the side and read alot about business, marketing and sales. Everything that has to do with making money basically, then apply it in this small business, find your style of running shit and take off. The best way to learn is experience .
As you start growing a little bit, find a mentor, they’ll save you SO much time and effort, and they’ll give you the best advice. In my country we have this popular phrase that says “dont listen to an ‘expert’, listen to someone that experienced it (or did it)”
As for capital to start business, your job can provide it, just make sure you dont overwhelm yourself PLEASE, you’ll end up crashing in both, business and employment. You can start some businesses with almost nothing by the way, my first business cost me nothing (but a lot of time). Look into pre-ordering and the concept behind drop shipping, they can be applied to alot of businesses. (For a service you can have a client pay upfront then split the money with who you hire, or for a product , have your customer pay upfront then pay your supplier and deliver and so on)
Goodluck!