When it comes to success stories, nothing beats the tale of online entrepreneur Matthew Lepre.
From being a university dropout working manual jobs, he turned his life around to become a 7-figure online entrepreneur.
If you want to live the dream life just like him, then it’s time for you to open your own business.
Here are six reasons why an online business is the key to your financial success:
1. You Can Have an E-Commerce Store Even Without Stock on Hand
One of your concerns may be spending a lot of money on products and storing them. With the dropshipping model, you don’t have to worry about them at all.
As a dropshipper, all you need to do is to buy the product from your supplier, for example, at Supliful.com and once you have an order, you don’t have to pack and ship it yourself—the supplier will do it for you. They will also help you to create your own brand, set profit margins, and upload the products to your online store with ease.
When Matthew decided to become a dropshipper, he didn’t think he would succeed that fast. But after a few months, he was raking in profits of over A$100,000 monthly.
Like him, you can earn money fast with this type of business, too. In fact, you can learn how he did it by joining his Ecom Warrior Academy program.
2. You Don’t Need Much Capital For Your Online Business
Like Matthew Lepre, you don’t have to shell out a lot of money to run your website.
There’s not a lot of overhead costs because you don’t have to rent out a place, hire a lot of personnel, buy shelves, and do other physical stuff.
You also get to save a lot with drop shipping. That’s because you don’t have to buy stocks until a client places an order.
There’s also product research, which Matthew Lepre emphasizes in his Ecom Warrior Academy program.
If it’s your first time opening a business, then you may be stocking all sorts of items in your store. While variety is good, it can take a toll on your finances.
By researching products, you can focus on items that sell most in the e-commerce world. Not only will it help you save money, but you’ll also earn more with your fast-selling items.
As for marketing expenses, it’s cheaper online, too. You can run Facebook ads and other social media promotions for as low as $5. They’re inexpensive compared to the cost of running TV, radio, or print ads.
3. You Can Run Your E-Commerce Business Anywhere
You’ll often see Matthew Lepre traveling around the globe. But even if he’s outside Australia, he still runs and grows his stores. He even manages to teach his students at the Ecom Warrior Academy program.
After all, he doesn’t have to be physically present to run his online business.
All you need is the internet and your favorite piece of technology. Whether it’s a laptop or a smartphone, anything will suffice.
Like Matthew, you can go on vacation whenever you want and not worry about your store.
Wouldn’t it be lovely to be a globetrotting 7-figure online entrepreneur?
4. You Can Work Whenever You Want
With an online venture, you don’t have to work a dull 9-5 shift. You can work whenever you want—or wherever you want, for that matter.
It’s one of the reasons why Matthew Lepre pursued his e-commerce business. He got tired of the dreary manual jobs that paid little. He wanted something more flexible in terms of time.
Like him, you can get this, too.
5. Online Businesses Have a Wider Reach
If you have a brick-and-mortar store, you can only sell to the people in your local area. But if you have an e-commerce business like Matthew Lepre, you can appeal to people in and outside your country.
For one, all buyers need is an internet connection and a browsing device. With these two things, they can make orders from sellers based far away.
This reach, of course, means a higher profit on your part. You get to sell more, so you get to earn more.
6. Your E-Commerce Business Helps Clients Save More
Running an online business is not only good for you—it’s beneficial to your customers as well. You can price your products competitively because you don’t need a lot of capital to run your store.
Buying online means your clients don’t have to drive or commute to the store as well. They get to save on gas and, more importantly, time!
Buyers don’t have to waste a few hours at the mall, too. Now, all they need to do is click on their smartphone/laptop wherever they are, and voila—a cheap purchase in just a few clicks.
It’s easy to live a financially fulfilling life like Matthew Lepre. All you need to do is be an online entrepreneur!
If you don’t have the slightest clue on how to do it, he can teach you the basics with his Ecom Warrior Academy course.