What businesses can I operate from my living room that will create a six-figure salary?

DWQA QuestionsCategory: online businessWhat businesses can I operate from my living room that will create a six-figure salary?
sarahelsherif Staff asked 11 months ago

Maxim from quora

Back in 2008 I’ve started a dropshipping business on eBay, I had ZERO experience in sales, and ZERO capital to invest. Within 3 years my sales grew from 0 to $4.5M annually.

The profit margins in dropshipping are usually between 5–20%, if we take a 10% net margin then in order to make $70K a year you need to sell $700K worth of goods a year which is about $60K a month, and that’s entirely realistic!

Let’s start with the basics, you need:

  1. A product to sell
  2. A supplier to dropship the product

 

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