Hi everyone! I hope y’all are doing well!
So I’m a 23-year-old entrepreneur (or what I would describe myself as). I started my business when I was 18, and I’ve been going for 5 years now. Since I started, I wanted to make my first million by the age of 25. The problem I’m facing is that I live in a third-world country, and it’s literally impossible to make that kind of money without being someone’s son or government-related. Btw, I make like 6 times the average income here (average income in my country is $300 per month), which is far off the millionaire status.
Long story short, I’m in the e-commerce business, and I’m good at marketing and making sales.
I’m open to any suggestions for someone like me to advance in his business venture and try a new business or market.

  • pentaclay@alien.topB
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    1 year ago

    I’m also from a third-world country.

    It’s easy to blame others when I can’t make the advancement I’m aiming for. Though I know there are some tough situations.

    In my country, I’ve seen hundreds of Entrepreneurs making millions by Facebook Page not even a website.

    One of the common things in 3rd world countries are dense population. So you can reach with your products to a wider audience.

    As you have sales expertise, source products that you feel are unique and sell. Take a few courses if necessary.

    An experienced guy like you can make more I believe.

  • larfleeeze@alien.topB
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    1 year ago

    I’m not sure which “third world” country you are referring to. But my friend runs an education technology company based in Asia with a presence in India. I know they are looking for someone who can work together on their e-commerce venture.

    If this is something you are interested in, you can DM me ;)

  • ToastieBallz@alien.topB
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    1 year ago

    If I were in your shoes. I’d start at your figure of one million. And then make a plan backwards on how you’re going to get there.

    You say e-commerce, you need to calculate how many sales you need and how you’re going to achieve those sales.

    A concise plan is how you achieve your goal.

  • naripan@alien.topB
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    1 year ago

    Are you doing sales through online streaming or only through regular ecommerce platform?