Before you start an e-commerce shop for example a wholesale video games business niche store, wholesale audio portal or any other exciting sort of wholesale sub-niche extravaganza available for our choosing – it’s important that you create a plan that provides for the scalability of your business. If you already have a business and you neglected this part of the business planning process, be prepared for challenges and problems coming your way, specially if you are already a bit late in the market or if competition if quite challenging.
Either of those, there’s always a way to adjust and thrive by focusing on the solution and not the problem at a complete extent! Been there am there in multiple projects. Believe me, working hard overall for $4k-$6k a month is not enough, you still need to see your bank account when buying new stuff! If you find yourself drowning in time and repetitive tasks, my suggestion, you should get rid of them by passing them on to another person who can do the job for you, perhaps better than you and sometimes way faster than you!
You can also tweak your wholesale video games business plan and incorporate scalability in your business, so such wholesale niche store or whatever e-commerce challenge is that you are running can grow without it needing more input from you, the owner.
This is how I wanted and have done my projects online since quite a while. It’s the laziest and most intelligent way in my opinion to run any kind of business both online and offline, since online runs no financial disasters in most cases – you may want to try the following way. Picture yourself making money from a self-contained, automated business that you only have to check or tweak for a few minutes each month.
Next, picture yourself owning several of these self-contained, automated businesses. Without automation, your business won’t grow or if it does, the growth is limited because you’ll be bogged down with problems and chores. The key to growing your business is to make its day-to-day operations running on autopilot and requiring very little intervention from you.
You can put your business on autopilot by hiring responsible employees that get the job done very nicely, virtual assistants and programmers – necessary resources. Finally ignite your brain, wake up and become creative on finding these golden gems. Money isn’t the only way to get them!
The method and type of business you use determine how much input it will need from the owner, you my fellow reader. Keep in mind that a “vanity” website that features nothing else but frequent blog entries you’ve written is not going to scale well, but a membership site that features special offers and wants and needs from the thousands of your already buyers – that is surely scalable once fixing up the minor leaks and challenges you might already have in your present.
Important thing, if your idea doesn’t sell and you’ve tried different traffic sources – it might not be you. Perhaps the market is asking for something better as you enter late to an old and competitive market -wholesale audio niche store, general online retail store, wholesale video games store?