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As I always say, I have a lot of respect for America, because it’s one of the few countries where you can use other people’s money to get rich
As you can see from the screenshot, I started this ecom store around April this year and have managed to generate about $26K in revenue mainly through Meta ads. I did make some profit along the way, but looking back now, I realize I burned a lot of cash on things that were unnecessary that I thought was valuable for my business at the time
I was spending money,Testing Google and TikTok ads ( which ended up not working well for me), Hiring freelancers to set up Google Ads/GMC, Spending on fancy packaging way too early, Jumping to test other products instead of focusing on my winner, Getting overcharged by suppliers
Mannn, I made a lot of mistakes
And Now Q4 is here (the moment I’ve been preparing for since the beginning of the year), my budget is tighter than I hoped. I thought by now I’d be able to spend $1K/day on ads, but I’m nowhere near that.
And since I don’t live in a country where I can get loans or business credit to reinvest, I’m kinda stuck although I can tell that my products can work
If you're someone who currently have a succesfull dropshipping business and at some point during your journey, you've found yor self in a similar situation. I would like to ask you how did you get out ? How did you manage to grow your business and become stable and profitable again and also how long did it take you and what strategy did you use.
And even if you've never been in that situation i would be more than happy to hear your advice
I really appreciate each and every one of you who is gonna share your story.
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