(Jul 22, 2020 01:27 AM)stuartlittle1 Wrote: I tried shopify, amazon dropshipping, becoming an instagram celebrity, stock daytrading, real estate investing you name it
Here's what happened in reality...
Shopify: You set up a half-arsed store with a product you know nothing about and probably paid $5 in Facebook Ads thinking you'll get $30 in sales off 50 clicks without even knowing what A/B testing even means.
Amazon Dropshipping: Most likely you bought a stock of useless product that has provides no solution to people's problems, shipped to Amazon, sold nothing and Amazon shipped these items back to you.
Becoming an Instagram celebrity: Probably gave up at 5k fake followers mark.
Stock Daytrading: Bought 10 penny stocks, lost considerable portion of your positions the next hour, sold everything at loss the hour after.
Real Estate Investing: Nope, real estate "investing" is not calling people asking to list their properties on Airbnb mate. Investing in real estate can mean a lot of things but mostly you buy a property, you renovate it and sell it at a profit. If you buy a £100,000 property in a shite area, invest £20,000 to renovate and sell it back at £80,000, you've made a loss of £40,000.
As @sonex said, choose one and stick with it, learn as much as you can about it and don't spend money until you make money (either via the business you set-up or from a 9-5 job).


