If you’ve gotten this far, you probably want to get started with setting up your own dropshipping business. You’ve seen how easy it can be, and you’re ready for the road ahead. So in this chapter, I’ll tell you what you need to start dropshipping.
Since a dropshipping retail business takes place completely online, you won’t have to spend a whole lot, but you will need to plan well and think ahead.
There are some misconceptions about what one needs to start a successful dropshipping business. Many people will tell you to just find a wholesaler, get a site up, and start selling. But that’s a recipe for disaster. Businesses who take this approach often crash and burn in no time at all.
Simply put, there are right and wrong ways to approach your dropshipping business. If you’re trying to make money fast, your business will suffer. That’s why I advocate a different perspective: the idea that dropshipping retailers should meet the needs of customers in a specific niche.
Naturally, you’ll need certain tools and resources to get started, but you’ll also need to learn new concepts and develop the right mindset. You’ll need to put tons of thought into how you want to set up your business and what goals you want to achieve.
With that in mind, let’s go over the must-haves for a successful dropshipping business. I’ll delve into these in devoted chapters, but right now let’s take a look at the big picture