I was working as a night-shift janitor until I unlocked the secrets of Shopify. Now I’m a 24-year-old millionaire. Here’s why jumping into Shopify is the smartest thing you can do.
I realized I’d hit rock-bottom when I was elbow-deep in a filthy toilet bowl, and all I could think about was leveling up my mage.
At this point in my life, I was working as a night-shift custodian and pouring my free time into a serious video game habit. Each night, I emptied trash cans, vacuumed carpets, and, yes, wiped down dirty toilets. Then, I went home and logged 10-16 hours on my computer, collecting fake gold and weapons. My life was falling apart.
At least I would be home soon, I told myself, starting at the now-clean toilet. Then I could get back to raiding dungeons, leveling up, and amassing my virtual fortune.
I moved onto the next stall and my stomach turned. That’s when it hit me: I was sick of fake gold…
If I was willing to work 8 hours for someone else, why not myself?
You’ve probably already figured out that a 9-5 grind is no way to live your life. There are plenty of businesses out there that provide clever entrepreneurs the freedom and lifestyle they desire. It’s just a matter of finding the right path. And taking the first steps.
I spent a long time convincing myself that I wasn’t ready to take my first steps. Finally, I realized that I was spending way more time leveling up in a video game than I was making real money. I was living life backward. So I decided to act.
I can’t take your first steps for you, but I can show you how I got to where I am. I’m not going to splash a bunch a lambos in this article, but believe me when I say: I’m a millionaire, I take 10 vacations a year, and I’m 24.
How’d I do it?
Where should you be investing your time and energy if you really want to change your life?
I started by exploring potential business options. I took some training courses in consulting and digital marketing. Pretty soon, I figured out where I needed to be: eCommerce.
Why eCommerce is the future of entrepreneurship
In 2018, the eCommerce industry (anything bought or sold online) came to 1.915 Trillion USD. That’s trillion, with a ‘T’. What’s even crazier is that this industry is expected to grow by 20% annually for the expected future.
That growth rate is actually what’s important here. Yes, more people are buying online than ever before (duh). But people are going to continue to buy more and more stuff that way. It’s still a rapidly growing space, which means a savvy entrepreneur can easily carve out their niche.
Just think, when was the last time you had to get some specific small item, where did you go? Some big chain store, or Amazon? By offering convenience, cutting out middlemen, and using super-targeted ads, eCommerce entrepreneurs are outpacing their traditional entrepreneurs by orders of magnitude.
That growth rate is going to continue, but our bull market won’t. That’s why now is the perfect time to get in and stake your territory.
My next question, “What type of eComm business should I create?”
Dropshipping is the perfect solution for new entrepreneurs
For every kind of retail business (B2B, B2C, etc.), there’s an analogous version online.
I already knew I was interested in B2C, so I started there. Why? I didn’t have a ton of business experience at this point, but I had been a customer/consumer. I figured (correctly) that I would have a better time selling to a market I understood.
Then, I had to figure out how. Fortunately, when it comes to eCommerce, there is a turnkey solution: it’s called dropshipping.
With dropshipping, your online store connects a supplier directly with a consumer. The orders are placed through your site, but you never hold or handle inventory.
Do you understand how awesome this system is??
Dropshipping instantly solves 3 of the eComm entrepreneur’s biggest hurdles: investment capital, storage space, and shipping & handling costs. You don’t need to buy a bunch of inventory upfront, rent a warehouse, and hire staff to manage and ship it. Basically, you can start an eComm business for very, very little money. Mind. Blown.
If dropshipping sounds too good to be true, there are a few catches. For one thing, you don’t often have control over your shipping and handling fees. For another, your suppliers are not always 100% reliable.
So there are pluses and minuses. But for me, a new entrepreneur (without a trust fund kicking around), dropshipping was obviously the way to go. And there’s another perk to dropshipping, which I’ll get to more later: it makes automation easy.
Dropshipping requires a platform to make all that magic happen, and one stands out from the rest.
Shopify: There’s just nothing better
There are a number of eCommerce platforms for dropshipping. But the hands-down best is Shopify.
What makes Shopify so great?
First, it’s an out-of-the-box solution. You don’t need to buy a domain or host your site somewhere else. You can build a very functional site entirely through Shopify. They have a number of cool themes and templates, and you don’t need to be a developer to set it up. And thanks to the 14-day trial period, you can do it for free.
At the same time, Shopify is flexible and can be easily scaled. The dashboard is very complete, and any tool that’s not built-in you can download. It’s used by a number of big name brands, including GE and Tesla.
Shopify makes it cheap and easy for new entrepreneurs to get started, but it has all the features to build a truly sophisticated eCommerce site.
The Secret Sauce – How I Became a Millionaire
All this brings me back to that fateful moment in the import-export office when I decided to quit my nightshift, kick my video game habit, and get real about my life.
When you look at all the pieces together—eCommerce, Dropshipping, Shopify—it’s a pretty obvious blueprint to succeed as an entrepreneur.
But that doesn’t mean it’s not a hill to climb. I’m certainly not alone in this space, and while many of my fellow Shopify entrepreneurs are enjoying some kind of success, few, I think, can claim to be 24-year-old millionaires. Probably most of them fail.
Why am I different?
The truth is, I’m not. I did fail pretty hard at the beginning. You don’t even want to know how much money I burned on misguided efforts. But I didn’t stop.
I kept trying until I figured out the system. Applying what I learned from those business and marketing courses, I tweaked and tinkered with my ad formulas and my Shopify sites, until—BAM—I started turning a profit.
I mean, lots of profit.
My first successful Shopify business made $30,000 in the first month.
My second Shopify business made $50,000 in the first month.
And after using my formula for a year and a half, I officially broke $1 million (and then did another $3 million before the 2-year mark).
My friends, who all saw me go from a night-shift janitor living his grandparents’ basement (oh yeah, I forgot that little detail…) to a stay-at-home-millionaire, wanted in. I was happy to share my methods, but I didn’t know if they would work for anyone else.
Turned out, my methods worked extremely well. Pretty soon my friends were quitting their crappy jobs and making 5 figures a month right alongside me.
Oh, and remember how I mentioned automation earlier? That’s the best part of this whole business. Once your site is up and running, you can automate nearly every process. A few months ago I made about a hundred thousand dollars in one month—and I didn’t check on my ads once.
So what’s my secret formula for building a super-profitable Shopify store? It has three steps: 1) build your site (for free), 2) find your niche, 3) set up some killer targeted Facebook ads.