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In this episode, I’m breaking down how I built my e-commerce business from scratch, why I focused on high-margin products, and the costly mistakes I made so you don’t have to.<br /><br />🚀I’ll walk you through:<br />✅ Why I chose e-commerce and high-margin products<br />✅ How I launched my first website with just a free WordPress theme &amp; PayPal buttons<br />✅ The moment I made my first sale overnight—and why it changed everything<br />✅ The biggest scaling mistakes I made (and how you can avoid them)<br />✅ How I got my ads, website, and merchant processing right<br /><br />Plus, I’ll share the one critical mistake I made when expanding internationally—and how it almost derailed my business.<br /><br />If you’re thinking about launching or scaling an e-commerce business, this episode is packed with gold! 💰<br /><br /><b>📌 Key Takeaways💡 </b><br />Choose high-margin products—it gives you room to grow and make mistakes.<br />💡 Start simple—I launched my first site with free tools and still made money.<br />💡 Know your numbers—understand cost per acquisition, shipping costs, and lifetime value.<br />💡 Scale when you have momentum—don’t slow down once you hit your first goals.<br />💡 Learn from experts—don’t try to figure it all out alone.<br /><br /><b>📌 Chapters</b><br />00:00 – Welcome &amp; What You’ll Learn Today<br />01:30 – Why I Chose High-Margin E-Commerce<br />04:15 – Launching My First Website (on a Budget!)<br />06:45 – The $200 Sale That Changed My Life<br />08:30 – The Power of Differentiation in E-Commerce<br />10:15 – Scaling My Ads &amp; Traffic (and What I Did Wrong)<br />12:40 – Why My Merchant Account Kept Shutting Down<br />14:00 – The First Big Mistake I Made in Scaling<br />15:00 – My International Expansion Disaster (Coming Next Episode!)

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Media Network

How a $0.10 Domain Turned Into a Multi-Million Dollar Business

APR 7, 202514 MIN
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

How a $0.10 Domain Turned Into a Multi-Million Dollar Business

APR 7, 202514 MIN

Description

In this episode, I’m breaking down how I built my e-commerce business from scratch, why I focused on high-margin products, and the costly mistakes I made so you don’t have to.<br /><br />🚀I’ll walk you through:<br />✅ Why I chose e-commerce and high-margin products<br />✅ How I launched my first website with just a free WordPress theme &amp; PayPal buttons<br />✅ The moment I made my first sale overnight—and why it changed everything<br />✅ The biggest scaling mistakes I made (and how you can avoid them)<br />✅ How I got my ads, website, and merchant processing right<br /><br />Plus, I’ll share the one critical mistake I made when expanding internationally—and how it almost derailed my business.<br /><br />If you’re thinking about launching or scaling an e-commerce business, this episode is packed with gold! 💰<br /><br /><b>📌 Key Takeaways💡 </b><br />Choose high-margin products—it gives you room to grow and make mistakes.<br />💡 Start simple—I launched my first site with free tools and still made money.<br />💡 Know your numbers—understand cost per acquisition, shipping costs, and lifetime value.<br />💡 Scale when you have momentum—don’t slow down once you hit your first goals.<br />💡 Learn from experts—don’t try to figure it all out alone.<br /><br /><b>📌 Chapters</b><br />00:00 – Welcome &amp; What You’ll Learn Today<br />01:30 – Why I Chose High-Margin E-Commerce<br />04:15 – Launching My First Website (on a Budget!)<br />06:45 – The $200 Sale That Changed My Life<br />08:30 – The Power of Differentiation in E-Commerce<br />10:15 – Scaling My Ads &amp; Traffic (and What I Did Wrong)<br />12:40 – Why My Merchant Account Kept Shutting Down<br />14:00 – The First Big Mistake I Made in Scaling<br />15:00 – My International Expansion Disaster (Coming Next Episode!)