
How a $0.10 Domain Turned Into a Multi-Million Dollar Business
In this episode, I’m breaking down how I built my e-commerce business from scratch, why I focused on high-margin products, and the costly mistakes I made so you don’t have to. 🚀I’ll walk you through: ✅ Why I chose e-commerce and high-margin products ✅ How I launched my first website with just a free WordPress theme & PayPal buttons ✅ The moment I made my first sale overnight—and why it changed everything ✅ The biggest scaling mistakes I made (and how you can avoid them) ✅ How I got my ads, website, and merchant processing right Plus, I’ll share the one critical mistake I made when expanding internationally—and how it almost derailed my business. If you’re thinking about launching or scaling an e-commerce business, this episode is packed with gold! 💰 📌 Key Takeaways💡 Choose high-margin products—it gives you room to grow and make mistakes. 💡 Start simple—I launched my first site with free tools and still made money. 💡 Know your numbers—understand cost per acquisition, shipping costs, and lifetime value. 💡 Scale when you have momentum—don’t slow down once you hit your first goals. 💡 Learn from experts—don’t try to figure it all out alone. 📌 Chapters 00:00 – Welcome & What You’ll Learn Today 01:30 – Why I Chose High-Margin E-Commerce 04:15 – Launching My First Website (on a Budget!) 06:45 – The $200 Sale That Changed My Life 08:30 – The Power of Differentiation in E-Commerce 10:15 – Scaling My Ads & Traffic (and What I Did Wrong) 12:40 – Why My Merchant Account Kept Shutting Down 14:00 – The First Big Mistake I Made in Scaling 15:00 – My International Expansion Disaster (Coming Next Episode!)
From "Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business"
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