Do you want to learn how to buy a dropshipping business and scale it to six figures, seven figures, or beyond? If your answer is yes, then you’ve come to the right place.
Today on the Buying Online Businesses podcast, I’m talking to Matt Scott of The Lifestyle Flipper. We’ll be discussing all there is to know about taking your dropshipping business to that seven-figure level of income.
We’ll be answering some of the questions you never knew you’d ask, and discussing everything important if you’re looking to buy a dropshipping business or wanting to scale it to that six or seven figure mark.
- What are 2-4 ways you could scale a dropshipping store?
- How should someone set up their email for a VA to take over the dropshipping emails and customer service?
- What are some of the struggles you find in running a website while travelling?
- What are the things you need to look out for when buying a dropshipping site?
Listen to this episode and learn from a gun at dropshipping.
0:00 – Episode Overview
1:17 – Introduction of Guest Speaker
2:05 – Buying a business VS. Starting a business from scratch
7:05 – 2-4 things you can implement to scale a dropshipping store
9:00 – Why it’s important to master marketing and sales
12:02 – Don’t outsource your responsibility
12:52 – Outsourcing: How do you make it work in favor of your business?
16:11 – Why it’s better to hire people based on recommendation: Skills VS. Culture
18:32 – What marketing looks like for someone who wants to scale in the dropshipping business
21:19 – Scaling higher ticket items VS. Scaling lower ticket items
23:20 – The BEST marketing tactic
25:44 – Self product distribution: How do you make it work to add more value to your business?
31:05 – What kind of in-house content is Matt producing?
35:30 – Wrap up and closing remarks
Matt Scott is the owner of Lifestyle Flipper. He used to work in the construction industry but figured there must be a better way to live life. And that’s when he decided to venture into the dropshipping business. Matt now has 3 dropshipping sites/eCommerce, and also does a little bit of wholesaling. He has created dropshipping stores and owns a warehouse with paid staff.
If you wish to contact Matt Scott, here’s where you can find him: Lifestyle Flipper.