Drop-Shipping
Product-Based (Physical)
Barrier to Entry
2/10
Short-term Potential
1/10
Long-term Potential
2/10
Risk
3/10
Big Audience or Ad Money Required
No
Income Potential
$$
Salary Research
$0 - Unlimited
Pros
- • Big financial opportunity if done correctly
- • Freedom to do literally whatever
- • Very scalable
- • Results can be detached completely from your time, unlike freelancing
- • A lot of autonomy
Cons
- • Way harder than people, especially, gurus make it out to be because they have a financial incentive to
- • It’s can come with upfront costs (software, Canva, shipping, sourcing)
- • No clear roadmap - if you have 0 experience your instincts aren’t sharpened yet, and you’ll make a lot of mistakes which are expensive
- • Requires traffic / paid ads, which comes with huge hidden costs (they could be spending 500K to make 510K)