315. How To Hit $100M With Dropshipping

In this episode of the Dropship Podcast, Ben and Jon dive into the journey of scaling a dropshipping business to $100 million in revenue. Is it even possible? They discuss the steps and strategies needed to grow a high-ticket dropshipping business, including bringing on your own products, acquiring brands, and expanding into new markets. They stress the importance of starting and committing to your business, while also highlighting that even reaching $1 million can be incredibly fulfilling. Ben and Jon encourage listeners to set realistic goals and focus on the journey, providing valuable insights and resources for aspiring ecommerce entrepreneurs. Links ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/call⁠⁠⁠⁠⁠⁠⁠ - Ready to start your high ticket dropshipping journey with Ben and Jon's guidance and help? Jump on a free call with one of our team members today to learn what that looks like. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Get a $1 trial on Shopify and start having a play around. The best way to learn is by doing. Get familiar with the platform by being inside of it. 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 coached by the #1 Mindset Coach in the world, Elliot Roe Timestamps Starting a Business (00:00:00) Anton and John discuss the challenges and strategies in building a high-ticket dropshipping business. Path to $100 Million (00:00:53) Anton and John outline a potential path to reaching $100 million in dropshipping, addressing the steps and strategies involved. Reaching Revenue Milestones (00:01:30) Anton and John discuss the progression from starting a business to reaching $1 million, $3 million, and eventually 8 figures in revenue. Scaling with Dropshipping (00:03:33) The conversation shifts to the potential of scaling a dropshipping business to nine figures and incorporating other profit centers. Evolving a Dropshipping Business (00:07:13) Anton and John explore the evolution of a dropshipping business, including the incorporation of other profit centers and strategies for growth. Wayfair's Success (00:12:05) The hosts discuss the success story of Wayfair, highlighting how they evolved from dropshipping to achieving $12 billion in revenue. Portfolio of Dropshipping Stores (00:14:37) The possibility of managing a network of high-ticket dropshipping stores to collectively reach nine figures in revenue is examined. Setting Realistic Goals (00:17:08) Anton and John emphasize the attainability of revenue milestones, encouraging listeners to consider the achievable benefits of reaching $1 million in profit. The path to $100 million (00:19:21) Discussion on the perception and motivation behind aiming for a $100 million revenue in dropshipping. Building a sellable asset (00:20:18) Highlighting the value of building a sellable asset in a high-ticket dropshipping business and the potential financial gains. Unlocking possibilities (00:21:13) Encouragement to put in extra effort, envisioning the achievable financial goals, and unlocking growth potential. Reassessing financial needs (00:21:40) Encouraging individuals to assess their actual needs and happiness, and emphasizing that massive wealth may not be necessary for fulfillment. Starting and growing a business (00:23:03)