The Dropship Podcast

153. When & Where to Invest Your Dropshipping Profits

Listen Later

We all start dropshipping businesses to make profits, in fact that's kinda the definition of any business (a repeatable process the produces profit).

But what should you do with your dropshipping profits? Should you pay yourself first? Should you reinvest your profits back into your business?
In this episode of The Dropship Podcast we discuss how we approach profit based on our combines 15 years dropshipping.
Give it a listen and let us know what you think in the comments.


Links Mentioned

  • ⁠⁠⁠DropshipBreakthru.com/5⁠⁠⁠ — Wondering what products you'll sell? Take our 5 day challenge and find the market you're going to serve
  • ⁠⁠⁠DropshipBreakthru.com/join⁠⁠⁠  — Join the course and start your journey today!
  • ⁠⁠⁠DropshipBreakthru.com/Call⁠⁠⁠ — Thinking about joining the course? Book a no obligation call with Jon and he'll walk you through it!
  • ⁠⁠⁠DropshipBreakthru.com/message⁠⁠⁠ — Want your question answered on the show?  Leave us a voicemail for your chance to be featured
  • ⁠⁠⁠Join Our FREE Facebook Group⁠⁠⁠
  • ⁠⁠⁠Follow DropshipBreakthru on Facebook⁠⁠⁠
  • Subscribe to the Dropship Breakthru ⁠⁠⁠YouTube Channel⁠⁠⁠
  • ⁠⁠⁠Follow us on Instagram⁠⁠⁠
  • ⁠⁠⁠Follow us on TikTok⁠⁠⁠

    • Sponsors

    • ⁠⁠⁠DropshipBreakthru.com/Clearsale⁠⁠⁠  — Add this app to your business and never worry about fraud  chargebacks again.
    • ⁠⁠⁠DropshipBreakthru.com/Shopify⁠⁠⁠ — The only Ecommerce platform we recommend.
    • ⁠⁠⁠DropshipBreakthru.com/Grasshopper⁠⁠⁠ — Get an 800 number for your business from Grasshopper
    • ⁠⁠⁠DropshipBreakthru.com/Rewind⁠⁠⁠ — Automatically back up your Shopify store data
    • ⁠⁠⁠⁠⁠DropshipBreakthru.com/PrimedMind⁠⁠⁠⁠⁠ — Get Your Mindset in the Perfect Place No Matter the Task At Hand
      • ...more
      View all episodesView all episodes
      Download on the App Store
      The Dropship PodcastBy Jon Warren and Ben Knegendorf (DropshipBreakthru.com)
      • 4.9
      • 4.9
      • 4.9
      • 4.9
      • 4.9

      4.9

      145 ratings

      More shows like The Dropship Podcast

      View all
      The Smart Passive Income Online Business and Blogging Podcast by Pat Flynn

      The Smart Passive Income Online Business and Blogging Podcast

      3,452 Listeners

      BiggerPockets Real Estate Podcast by BiggerPockets

      BiggerPockets Real Estate Podcast

      16,722 Listeners

      The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

      The Side Hustle Show

      1,586 Listeners

      Shopify Masters by Shopify

      Shopify Masters

      382 Listeners

      Entrepreneurs on Fire by John Lee Dumas of EOFire

      Entrepreneurs on Fire

      3,844 Listeners

      THE ED MYLETT SHOW by Ed Mylett

      THE ED MYLETT SHOW

      14,027 Listeners

      The Game with Alex Hormozi by Alex Hormozi

      The Game with Alex Hormozi

      4,464 Listeners

      Real Estate Investing with Coach Carson by Chad Coach Carson

      Real Estate Investing with Coach Carson

      618 Listeners

      My First Million by Hubspot Media

      My First Million

      2,659 Listeners

      Real Estate Rookie by BiggerPockets

      Real Estate Rookie

      1,822 Listeners

      Talks From Dropshippers To Dropshippers by Lior Pozin - AutoDS CEO

      Talks From Dropshippers To Dropshippers

      8 Listeners

      On The Market by BiggerPockets

      On The Market

      903 Listeners

      The Koerner Office - Business Ideas and Deep Dives with Chris Koerner by Chris Koerner

      The Koerner Office - Business Ideas and Deep Dives with Chris Koerner

      255 Listeners

      The Dropship Unlocked Podcast by Lewis Smith & James Eardley

      The Dropship Unlocked Podcast

      13 Listeners

      Dropshipping Deep Dive by Sell The Trend

      Dropshipping Deep Dive

      0 Listeners