Any New Business Takes Time

I’ve decided that my absolute favorite thing is to respond to comments or questions on the site. Here’s one I got a few weeks back:

Any success stories to share? I’m not sure if it’s worth it to quit my job to start a webstore solely dependant on drop ship wholesaler. I’m a breadwinner for my family, and no income for a few months would be too disastrous – Bizman.

Whoa Bizman. Slow down. As a husband, father, and breadwinner, your comment scared me. Always use extreme caution when quitting your job to start a business. Unless you have a ton of capital or financing, it will usually always be awhile before making any money, especially enough to support a family.

I’m not sure why you’d want to do this anyway. One of the biggest advantages of a drop ship business is the fact that it is relatively easy to set up, and can certainly be run in your spare time on the weekends and in the evenings. I assume that you are fed up with your job, and that’s why you have considered this drastic move. Rather than jumping in with both feet, I encourage you to take it slow. Get started, and let your business grow before quitting your day job.

Remember, drop shipping is very competitive. The goods are easily obtained, so the margins are typically much less than traditional retail. While I’m sure it’s happened here and there, the chances of starting a drop ship business today, and making a sustainable income within a few months is slim.

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