This year I got diagnosed with fibromyalgia after dealing with this pain and disease for 12 years. I’ve been suffering hard with depression and anxiety for the past 3 years and I find it debilitating enough to keep me from a job and haven’t had luck getting remote work. However, my husband and I are not doing well financially and I’d like to help. So, I am considering opening an online shop with things to help with pain.
The shop would be an arsenal of things I’ve learned to use to help fibromyalgia pain like epsom salts for baths, heating pads, Turmeric supplements, specialty teas (like for painful periods) and a flagship product of an herbal lotion that helps provide immediate relief to painful mucles. (Plus more products- this is just for example.)
I’m wondering if I put the effort into the shop, would a store like this work? I know most stuff is just bought off of Amazon, so I don’t want to open a shop and get left in the dust. I’ve had businesses fail already and am ready to succeed. Thanks for your help.
Now you’re just making up statistics or providing statistics from your deal flow. Shopify survivorship is 51.6% at 5 years (published by Shopify). BLS average survivorship at 5 years is 65%. Maybe your experience is 99% fail, which would mean you would have done/seen 100 deals (unlikely), or you just want to be right and beat down on people on the internet.
That data is BS. What does survivorship mean in this context. Making $5 a month in sales?