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“The best marketing is to demonstrate. I don’t tell you why you should listen to me. I show you.” - Tai Lopez

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If everybody knew how to do e-commerce, this opportunity wouldn’t exist.

But instead people choose skepticism over knowledge. They hear the words “dropshipping” and “e-commerce” and immediately think “That’s a scam!” Why they do this is for their own personal problems, but the reality of making money online is that it’s the great frontier of 21st century business. For under $100 today, you can start a business that can net you millions in under a year.

On today’s episode of The Tai Lopez Show, we are discussing how to make money online. There are many steps involved: selecting a domain name, purchasing a URL, driving traffic to your site or product through social media advertising. Executing each of these steps is the key to launching a successful business on the Internet. Tune in to today’s discussion to learn how and generate a revenue stream that puts you one step closer to financial freedom!

And don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“It used to cost at least $100,000 to $200,000 to get into business. Today, you can literally start a business for under $100.” - Tai Lopez

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Points to Keep In Mind

• Think about business ideas from an angle of what you use in the house
• You want to launch businesses that have competition
• Example: McDonald’s only has 10% of the fast-food market
• Choose a simple, memorable domain name
• Use GoDaddy or Namecheap when purchasing a domain name
• Look through AliExpress when finding a source for your product
• AliExpress will do the shipping for you when someone orders your product
• Use Shopify or ClickFunnels to build an online store on your domain
• Today, you can literally start a business for under $100
• When Jeff Bezos started Amazon in 1994, the website cost $100,000
• Use Facebook ads to target specific demographics of people online
• The best marketing is demonstration; show, don’t tell
• To become rich, you must become a master of common sense
• Understand that huge brands can disappear (ex: Myspace and American Apparel)
• There’s no change without a change in routine
• Don’t blame external resources
• There are 3 reasons people are broke: procrastination, fear, and overanalysis

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