Sondern
Don't DM me "How do I start" ima ignore you
- Joined
- May 13, 2022
- Posts
- 3,940
- Reputation
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As someone who makes a decent bit of cash in commerce, the biggest pain is paying for shipping or capital upfront.
I started building my personal credit the day I turned 18, 8 months later, im about to get approved for a 12 months no apy credit card.
There I can charge all my expenses and upfront costs, worry-free.
Just to put things into perspective for non-e-commerce people. 1000 units of a product will bare minimum cost 3000 then shipping will cost about 4000 if the package is light.
You need to wait about 1 month to receive the product and thats just 7k up front without getting paid.
TikTok shop takes like 1 month to get paid out, so as you scale you just are completely screwed without 30k in spendable capital.
I started building my personal credit the day I turned 18, 8 months later, im about to get approved for a 12 months no apy credit card.
There I can charge all my expenses and upfront costs, worry-free.
Just to put things into perspective for non-e-commerce people. 1000 units of a product will bare minimum cost 3000 then shipping will cost about 4000 if the package is light.
You need to wait about 1 month to receive the product and thats just 7k up front without getting paid.
TikTok shop takes like 1 month to get paid out, so as you scale you just are completely screwed without 30k in spendable capital.
