Wholesale Ted I agree with you. Thanks for giving me hope. I have been following you for a while and I finally opened my online boutique business ( carrying my own inventory). I made my first two sales after one week from opening my store. Your video came at the right time because I lost hope and faith in myself as I haven’t made any more sales since then. Even though I know I should not despair as my store is only 6 weeks old, but I think it’s lack of confidence and worry about losing more money as I have lost £2K so far on clothes that don’t sell. I will use your advice in the video and keep grinding :). Thanks a lot for your videos.
Neither of you are wrong. Your dad just gave a perspective that was different from yours. I want my freedom but I have to cognizant of costs because I have a family so I see both sides.
I agree with dad but think the same way you do. I dont mind spending the money to get things going. Ive been at etsy for almost a year and no sales yet but i dont think i should give up, i just need to keep improving. Just like anything else, it takes practice. Love your videos #amatureseller #etsynewbie #failedscientistcafe
Well... there's two types of mentalities in this. "The employer" would agree with you, and the "Employee" with your dad. The barrier between the two becomes thicker with time, so... the longer you wait, the longer the jump. PS: I agree with you. Don't have any employees but at least I'm my own boss, haha.
I got off the road years ago as a full-time entertainer. I was criss-crossing the country doing shows while I had a new baby at home I rarely saw. When he was about 1 I made the best decision in my life. I gave up a very lucrative career in which most would say I was crazy to do. I went from mad money to nearly broke to spend time with my child. It is a decision that I still have no regrets over 23 years later. That time could have been totally lost. Today, I do what I love again, on my time. And hey, money is not everything, what you are passionate about and how you spend your time (and who with) is.
I have started my online business 6 month ago and within 2-3months not making sells I almost gave up. I keep coming back to Sarah’s video to learn and motivate myself and started to make sells every week. I love see my small business grow day by day even though it’s small progress every step is big step for me. Thank you Sarah !!! PS: NZ is my second home 🧡
Sera, you didn’t have to roast these people alive but we’re so happy you did! It’s helping so much with my side business (especially McDonalds! I gotta stop.)
This is valuable reminder for me. You can get back your money but you cannot get back your time. I will bookmark this video and re-watch many times. Thanks, Sarah!
Hi Sarah, I just wanted to thank you and everyone else at Wholesale Ted for your amazing videos. I started my site a couple of months ago and work on it a couple of hours a night when I get home from my day job. I actually made my first sale yesterday and it feels like I won an Oscar or something. Anyways, just wanted to give you a shout out and keep up the amazing work! :)
Im still waiting for that moment same like you i get home from work and work on it couple of hours takes alott of research... but everytime i go back to it, it looks better :)
I love how honest you are. "It was ugly then, it's just as ugly now" LOLLLL. Again, a video packed with amazing value. I'm SO HAPPY I found your channel.
Good thing I watched and read a lot of articles on how to start my own business. Now working for my first business and I think my problem, for now, is my working time. It takes a lot of time on my niche. But still working on it to make it less work and more results.
I have made all of these mistakes! All!!!!! 😅 and I am still inspired enough to start a new business venture as we speak. I needed this video, just went back to my website and changed a few things. Thank you!!!!!!!!
I've been following you for some time and have never placed a comment on any of your previous videos regardless how much I enjoy the value you provide, but this time you definitely deserve a big THANK YOU SARAH!... Videos like this help people like me find their way out of the rat race. I am still trying to create my business, the problem is that I live in Latin America where e-commerce is not as big as it is in the US, EU or NZ, not pretty sure if it is worth it but at least I want to try and you have been a very big inspiration for that.
I randomly went to Emilio's site and it links to like 3 other sites that make absolutely no sense whatsoever and make me feel like I'm in a fever dream. I've also now contracted the Herps.
Sarah -- you totally got me with #5! Since starting my online reselling business two months ago, I found myself going to McDonalds constantly!! It has gotten to a point where I am exhausted, sluggish and down right fighting to get energy to do the things that I need to excel my business!! Although, some may find that tip silly, I think it is one of the best tips in this video. You really have to take care of yourself first before you can carry your amaziness into any business. Also, any more resources for healthy eats?! From your stereotypical American Rubbish Eater across the pond
This is the most authentic and downright Shopify Store Channel so far. Everything I have learned so far from your videos has led me to escape the money-minded, where I only cared for sales and didn't really think for the customer and moved over to how can I bring value to the customer such as Fast Shipping, Better products, reasonable prices, clarity on the store such as right shipping time! Thank you! I hope to learn more on the E-Comm Clubhouse!
17:44 "Remember, you can always make back your money...but you can NEVER make back your time". This hit me on many levels. So true! Today I was actually under a decision to go to a 9-5 interview for a remote job (i'm currently 9-5 local), or not to go. I couldn't make up my mind, but deep down i felt that this isn't what I want. What i want is scalability, freedom to set my time, freedom to work less (eventually) and explore the new world of being a business owner. This message made me change my mind and cancel the interview, so I can focus on working on myself rather than working for someone else's company. Thank you!
Mistakes new entrepreneurs make: 1. They treat their businesses like a Magical Money Vending Machine 2. They fall for shinny object syndrome 3. They overthink taxes 4.They think that their businesses are awesome, but their customers don't 5. They eat Mcdonalds 6. They cut corners in The Wrong Places with their businesses (also, alwyas prioritize your sales and your marketing) 7. They try to compete on price 8. They understimate their customer's intelligence 9. They try to do everything themselves 10. They are afraid to invest and loose money-
Thanks for sharing! I treat my new RUclips channel like a business and hope that the mindset of consistent work and dedication will bare its fruits in the long run. 3 months in already!
"You can always make back your money, but you can never make back your time".... Wow that resonated with my the soul! Thank you for giving me a daily quote to serve as inspiration to grow my online business (and for such informative videos too!!) ♡♡♡
I LOVE that u mention diet!!! It's so true! We have to think holistically about our lives. In America we are so compartmentalized, leaving diet conversation for only people at the gym. I'm a massage therapist and even talk to my clients about their diet. People don't acknowledge that diet is important even in entrepreneurship!
i personally not afraid of spending money on hiring people im afraid of how to manage employees how to communicate what i need and overall be their boss being boss is not easy for me
The difficult part for me is seeing what else the world needs. It seems like everyone in a first world country has more than they could ever need, but I realize from a business perspective if people are willing to buy unnecessary products, then there will be a demand that may make a specific item which caters to that demand profitable. It's very interesting. Also the part at the end is relatable to me since I'm extremely risk averse. I have plenty in savings but don't splurge at all on eating out or buying stuff I don't need. I don't know if I'll ever put in the time and energy to become an entrepreneur even though I'm fairly stressed by work at times, but I'll still watch your videos from time to time incase I think of a service to offer that's better than buying a truck, trailer and tools and trying to start a small yard care business.
Another great video Sarah, I think you got me on the not outsourcing tasks. I too, value time over money but I find it hard to involve others as early as I am in the process. Thanks for making such jampacked thought-provoking videos.
Holy cow that last bit on time is exactly what ive been realizing lately. Like you, i don't think about the money as much as ive found ways that work for me in my business, however after a few years of business im starting to really appreciate the little free time i have for family and myself. Mistakes eat up time, although i learn and persevere through those mistakes, its still something i can never get back. Love the animations, vids are really more fun to watch now.
I agree with you regarding the time, but I also get that people are afraid to invest. Many people can barely make ends meet, so they feel they need to make the money back straight away in order to be able to eat and pay bills, and are afraid of failure.
I like your style and no nonsense advice. Having watched several of your videos I've started to hear your voice in my head giving advice. "No Richard, you don't need that chocolate bar, eat an apple and some nuts instead." "No Richard, stop watching that bad movie, go to bed and get some sleep instead ." I've only just discovered your channel and am deciding if I want to invest the time in your business model. At the moment I am enthusiastic, just need a while to step back and think a bit. If I go ahead I'll try to join your ecomm club house.
I've sometimes heard the advice of "scratching your own itch" when it comes to finding a niche. How do we know if we're just going for a niche we enjoy or having a negative cognitive bias, especially when we're early on in the process and may have little to no client feedback?
You, know, I’m liking this girl more and more, yes yes, I understand but she is entertaining, comes across as genuine and is a real pleasure to watch Lake Wobbly or not. And lots of key life and money lessons from a fresh faced sourced is actually quite refreshing. But I said that already.
This is so great! And this is why, in 3 easy steps. From a filmmaker to you who wants to make YT videos that work: 1. super-powerful interesting and useful "straight to the point" content...no fluff, interresting even for people outside the films target group, the wiever gets value from the first sentence and you are not forced to buy to many books, courses and other products related to the chnnel. 2. Wery well produced, looks like "lets just tape you in the office with my phone" editing and sound is taken good care of but its not "over produced" its down to the ground doable. 3. Delivered by a believable, trustful, onest, sweet person with true knowledge that i feel wants to help me....the recipe for sucsess people. Well done and good luck to all you viewers!
@@intheworldofmari Thanks! One site is live now, I am just waiting to get some footage from a fiverr model so that I can create an ad. The the second site is POD and I am waiting for samples for quality control.
The price competition thing - as someone who is always frugal I often go with at least the second to lowest price. It has bit me in the butt sometimes but other times I have been very happy paying almost the lowest price. But I have to remember that not everybody is as poor as me so not everybody thinks this way, not everybody is as frugal as me and would be willing to pay a bigger price than I would.
I learn something new everyday when building my store. I have built up my services as a freelance Illustrator/graphic designer and am still growing. And learning! lol However it wasn't until you said, you are selling trust along with your product that it clicked. Of course you are. I was struggling there with the explanations, ect. Seeing them more as filling in as part of the selling equation. But now I get it. Thank you for that!
I've got the opposite of the superiority complex / Lake Wobegon effect, I'm extremely self deprecating but not in the way that demotivates me, it's the fuel that burns within... I love it 😀
Finally taking the time to read over your e-book. Lot of your vid plug-ins I've already listened to in the bckgrnd while wrking so the recap is always golden. As since I listen to in the bckgrn while wrking on my business, sum details I miss. Like your advice on Product Discriptions and adding in a External plug which I had thought abt also. Since have been "practicing" with t-spring first. I like that I'm able to make my listing private or unlisted, while I'm still in practice mode and navigating and figuring out the Best way to set up my store. Thanx for your advice. Nxt up your drop shipping vid, I don't think I've seen it yet
After investing in several online programs over the course of years always with a degree of disappointment I find myself circling back to you Sarah and your refreshing, honest, clear take of becoming an online entrepreneur. I have finally subscribed to your channel and hope to binge watch everything you have published as I pursue POD. I have been approved as a Merch by Amz seller and look forward to taking the plunge with the positive mindset you exude.
Your last words stuck me so hard. Im currently at work watching your videos and i always work on my designs for my future online shop at work too.. i was always scared that i should not be splitting my concentration between work and passion but... i agree TIME is precious and if you think u r wasting time move on to something more productive♥️ Thank you
I am totally agree with you. When I’m get down to this online stores I’m worried about same things cause such time consuming I do research for any trendy designs, I need to do a lots of settings for my online stores because people will look at your store by the first look then they will curious to your products unfortunately if you don’t have enough products then they will definitely disappointed. But without eye catching store front they won’t even curious. Luckily, I decided to hire a professional designer from Fierr. Not luxurious expensive! What a surprise! People are like me even can afforded! What a relief! I am thinking I might have to do the same to other two stores as well. So! Yes, time is never enough for a beginner. Thanks Sarah! You offers a lots knowledges as free gifts to people are struggling with their professions especially during this special time cause some of the industries simply cannot just pick up very fast after COVID. I’m in hospitality industry and I works in a hotel that is depends on tourists! You seems like knowing what to do from earlier age and you know how to handle it and manage it. Yet, you made yourself abundance and now you starting to teach people how to create their own fortune at this difficult time. You are truly amazing! Cheers for New Zealand !!
Love the humor telling it straight up like it is! This is what people need to hear! I'm in business for myself with a Blog that talks about what most people regard as conspiracy theories (with my own creative edge of reasoning). You have got me thinking about customizing some T-shirts with some of my favorite sayings from past presidents and prominent figures in history regarding the state of things [behind the curtain].
Best wisdom of the day is where you wrap it up... "You can always make back your money but you can never make back your time." That reinforces my beliefs.
Well, I guess people that want magical solutions for starting their businesses don't find value in actual useful information. Really nice video, thanks!
7:06 So true about who we sell to. Its a hard lesson, but very doable, which is why I'm sharing my example. I began by writing spy thrillers, but taught myself to write romance novels because they sell well. I haven't made a boatload of money yet, but at least there's a better market. You're awesome and right.
Hi! Is there any video where she talks about what country’s she recommends to sell to ? I’m following her process only because if find that a lot of “gurus” contradict themselves and I decided to stick to Sarah only.
Seriously learned one of these lessons hard this week. I have so many ambitions and yet lately been sooooo tired. I cut out all the carbs and sugar and just after 2 days I'm so much more motivated. Also, Sarah, your awesome and looking good girl!
This is one of my favorite videos of yours. This was when I realized I could do an online business. I realized, like you, I value time not money. I realized taxes aren't big and scary. You learned editing tricks and hiring people to make animations for your video will increase views! :D
I'm gonna save this video and rewatch it whenever I need a boost. I especially appreciated the unexpected mistake of not eating well. This is something I do daily and as a consequence my health stops me from getting things done. As well as being worried about losing money and in my case, getting into more debt, which to me is the same thing. I have a lot of mental and physical changes to make, but at least now I know where to start. Thank you! This is honestly the RUclips channel I value the most. Thank you for your hard work.
Hey Sarah, not sure if you going to read this but i am truly grateful to have found you sharing your tips and tricks in e-commerce business. I just join your dropship club and that is EXACTLY and i mean like E X A C T L Y what i was looking for. I have been watching alot of youtube videos . Although, they are very informative, i just don’t know where to start. It’s taking that first step is difficult. I hope you are reading this and would like to extend my huge thanks and appreciation from the bottom of my heart. You’re a truly life saver! I wish i could meet you and hug you in person (not in a creepy way lol) Knowledge is powerful. I wish you luck for whatever you seek in life! Adios! 😊
oh my!!!eating McDonalds got me! Since I started my biz, I have had McD more frequently then ever. :) your videos are great! thanks for all the info you share.
Excellent information Sarah! I have a successful Direct Sales/Network Marketing business. You're content in this video applies to all businesses! I'm going to share your video with my Leaders on my team, so they then share it with their Leaders!
hello Sarah,my name is Charlotte! i am a 12 year old girl looking into to getting money. Your videos have really helped a lot with my education in money and stuff. i cant wait till i turn 13 to start a print on demand account and earn money. i am saving up for equipment for a business im going to make in the future. you probably wont see this but i liked a lot of your videos so i can show how much these help. from Charlotte :)
Well said at the end !! Time is the most precious, changing time for money is normal but we cannot do it the other way round, dont be scared to lose! Technically you are not loosing its all valuable experience paid by time ! Never give up and be patient ;)
Lol. My usual struggle: shiny object syndrome 🙈 But at least it gives you insights into different business models and can stick to the ones that work best for you 🤷♀️
The last bit, between 17:08 and 17:32 I felt that. Value perception. Short term pain/sacrifice for that long term gain/success. Anywho, love your channel! I had a few days of work and have spent them watching your videos! Thank you for all this great content!
This is great, most of these I knew but there was 2 or 3 that I kind of never thought about enough. At the end, the time thing is what I'm just realizing right now, the money doesn't bother me too much as I have a full-time job and I'm making money in the stock market and I'm looking to start the e-commerce thing too at the end of the month. These videos are great for information and entertainment.
@@WholesaleTed I laughed out loud at that exact moment. it's hilarious - the file, the camera angle, the filing sound, perfect timing it was a genius move for you vid. The cartoons are cute and engaging....good investment.
Hey Sarah...great efforts...your videos are always inspiring, informative and can easily be understood by visitors... especially with the help on animations... And your hold and knowledge on consumer psychology is amazing...keep up the good work Sarah..! 😊
Thanks for sharing, I greatly agree with everything on the list, especially number 6 and 7, I'm selling shirts on an Asian Online Selling Marketplace "Shopee", I sell printed shirts too under my own brand (still new just starter a month). If we compete on making our products cheaper, we will lose in the end, because those cheap products especially shirts from China are made of cheap materials, so they can sell them cheaper (like $5). But if we use higher quality base (plain) shirts like Bella and Canvas, Gildan, Fruit of the loom for out printed shirts, then we should not be ashamed of selling them at a higher price (like $15 to $20) because we know they are of quality. And customers like quality purchases so at the end, we'll get a positive Ratings from them.
Thank you Sara I love your videos. There are many people out there trying to do the same as you, but for some reason I trust you more than others. You just seem like a real person, honest and just yourself. I love your philosophy of time being so valuable I think most people dont realize how they have a limited time in this world. Thank you, I will follow your advice.
Sarah, you have so many truly useful ideas and a lot of common sense. I have been watching your videos and gleaning much wisdom from your experience. One of the things that I zeroed in on and totally agree with is the fact that time is required to grow any lucrative business. I was always self-employed. I started out in my teens doing yard work and care-giving for elderly people. At 18, I moved into a 27-year specialty career tuning and repairing pianos, and giving private music and art lessons. Those jobs took YEARS to build up - and I could never make more than $2500.00 per month - usually less for a lot of very hard work and 14-hour days with three-plus hours on the road. Finally I had a horrid car crash in 2009 which took me out of the work force in my forties. I have been working from home ever since - making unique custom musical instruments. Again, I don't make much money at all with overhead, materials and labor. Like so many people, I would love to be able to work a little less hard and have a bit of fairly passive income...but I am mostly a creator and am business-challenged - plus being a loner with very little social activity. I may never strike a better balance or find my way into greater security - but I'm keeping an open mind and am willing to try different approaches. I'll keep watching your videos and thinking about it all - and you have a LOT of great ideas that could work for many people. Keep up the good work! Right now I'm trying out the print-on-demand idea...using my college fine arts degree to create both funny and creative wearable art - especially for musicians. I just started sharing my first creations with musician-friends on Facebook...I am identifying some wide-open possibilities that might be opportunities....we'll see.
Who do you agree with: my dad (15:59) 🤷♂️ or me (16:26) 🤷♀️ ???
Wholesale Ted I agree with you. Thanks for giving me hope. I have been following you for a while and I finally opened my online boutique business ( carrying my own inventory). I made my first two sales after one week from opening my store. Your video came at the right time because I lost hope and faith in myself as I haven’t made any more sales since then. Even though I know I should not despair as my store is only 6 weeks old, but I think it’s lack of confidence and worry about losing more money as I have lost £2K so far on clothes that don’t sell. I will use your advice in the video and keep grinding :). Thanks a lot for your videos.
you both have a really good point. but knowing that all the hard work you are putting into your business WILL pay off is way better
Neither of you are wrong. Your dad just gave a perspective that was different from yours. I want my freedom but I have to cognizant of costs because I have a family so I see both sides.
I agree with dad but think the same way you do. I dont mind spending the money to get things going. Ive been at etsy for almost a year and no sales yet but i dont think i should give up, i just need to keep improving. Just like anything else, it takes practice. Love your videos #amatureseller #etsynewbie #failedscientistcafe
Well... there's two types of mentalities in this. "The employer" would agree with you, and the "Employee" with your dad. The barrier between the two becomes thicker with time, so... the longer you wait, the longer the jump.
PS: I agree with you. Don't have any employees but at least I'm my own boss, haha.
I suffer from shiny object syndrome soooo much. I have a hard time choosing which idea to focus on
Swear lol 😂
Sarah's famous words to remember by... you can always make back your money but you can never make back your time
DjArmedWolf wise words✨
So true. So true
🙉🤯🤯🤯
I got off the road years ago as a full-time entertainer. I was criss-crossing the country doing shows while I had a new baby at home I rarely saw. When he was about 1 I made the best decision in my life. I gave up a very lucrative career in which most would say I was crazy to do. I went from mad money to nearly broke to spend time with my child. It is a decision that I still have no regrets over 23 years later. That time could have been totally lost. Today, I do what I love again, on my time. And hey, money is not everything, what you are passionate about and how you spend your time (and who with) is.
yes and ive wasted much time trying to make money...
My overnight success only took 5 years.
John Morey Wow 😩
@@luvlynessy Yes, thank you. Many take 10 or 20 if ever.
Congratulations ✨ you never gave up!!
my overnight success left me burnt out and homeless... so no success....
Yes
I love how brutally honest this woman is while keeping a perfect smile on her face.
I have started my online business 6 month ago and within 2-3months not making sells I almost gave up. I keep coming back to Sarah’s video to learn and motivate myself and started to make sells every week. I love see my small business grow day by day even though it’s small progress every step is big step for me. Thank you Sarah !!!
PS: NZ is my second home 🧡
My problem is doing too many things. I need to focus. Also that dress is SO GORGEOUS.
Sera, you didn’t have to roast these people alive but we’re so happy you did! It’s helping so much with my side business (especially McDonalds! I gotta stop.)
This is valuable reminder for me. You can get back your money but you cannot get back your time. I will bookmark this video and re-watch many times. Thanks, Sarah!
Jim Somchai very true!
Hi Sarah, I just wanted to thank you and everyone else at Wholesale Ted for your amazing videos. I started my site a couple of months ago and work on it a couple of hours a night when I get home from my day job. I actually made my first sale yesterday and it feels like I won an Oscar or something. Anyways, just wanted to give you a shout out and keep up the amazing work! :)
notan03 thats awesome!! All the best to you 😊
It’s the best feeling! Good job
notan03 that's just amazing, well done and keep on that narrow path to success. Love from the UK.
Im still waiting for that moment same like you i get home from work and work on it couple of hours takes alott of research... but everytime i go back to it, it looks better :)
Great work, n, and wonderful comment. Best wishes.
Are YOU making any of these yourself? 🤔
When money starts pouring I become lazy and invest less and less time maintaining my websites.
That is true. That should DEFINITELY be on the list!
I made them most of the times. This is why I am still going nowhere....
Yes around 4-5 of them!!Need to work on them.Thanks for the valuable content sarah
@DEEPFOXJUDE agreed.
I love how honest you are. "It was ugly then, it's just as ugly now" LOLLLL. Again, a video packed with amazing value. I'm SO HAPPY I found your channel.
Good thing I watched and read a lot of articles on how to start my own business. Now working for my first business and I think my problem, for now, is my working time. It takes a lot of time on my niche. But still working on it to make it less work and more results.
How's it going?
It took 2 years before my second business was profitable. But then the product was in development for 2 years. Then the first week end netted US$26k
I have made all of these mistakes! All!!!!! 😅 and I am still inspired enough to start a new business venture as we speak. I needed this video, just went back to my website and changed a few things. Thank you!!!!!!!!
The last one HIT me. Thanks Sarah, genuinely.
I've been following you for some time and have never placed a comment on any of your previous videos regardless how much I enjoy the value you provide, but this time you definitely deserve a big THANK YOU SARAH!... Videos like this help people like me find their way out of the rat race.
I am still trying to create my business, the problem is that I live in Latin America where e-commerce is not as big as it is in the US, EU or NZ, not pretty sure if it is worth it but at least I want to try and you have been a very big inspiration for that.
I randomly went to Emilio's site and it links to like 3 other sites that make absolutely no sense whatsoever and make me feel like I'm in a fever dream. I've also now contracted the Herps.
Sarah -- you totally got me with #5! Since starting my online reselling business two months ago, I found myself going to McDonalds constantly!! It has gotten to a point where I am exhausted, sluggish and down right fighting to get energy to do the things that I need to excel my business!! Although, some may find that tip silly, I think it is one of the best tips in this video. You really have to take care of yourself first before you can carry your amaziness into any business. Also, any more resources for healthy eats?! From your stereotypical American Rubbish Eater across the pond
This was the first video of yours I’ve ever watched and I just want to thank you for it. Very well done with heaps of value. Thank you.
This is the most authentic and downright Shopify Store Channel so far. Everything I have learned so far from your videos has led me to escape the money-minded, where I only cared for sales and didn't really think for the customer and moved over to how can I bring value to the customer such as Fast Shipping, Better products, reasonable prices, clarity on the store such as right shipping time! Thank you! I hope to learn more on the E-Comm Clubhouse!
17:44 "Remember, you can always make back your money...but you can NEVER make back your time". This hit me on many levels. So true! Today I was actually under a decision to go to a 9-5 interview for a remote job (i'm currently 9-5 local), or not to go. I couldn't make up my mind, but deep down i felt that this isn't what I want. What i want is scalability, freedom to set my time, freedom to work less (eventually) and explore the new world of being a business owner. This message made me change my mind and cancel the interview, so I can focus on working on myself rather than working for someone else's company. Thank you!
Mistakes new entrepreneurs make:
1. They treat their businesses like a Magical Money Vending Machine
2. They fall for shinny object syndrome
3. They overthink taxes
4.They think that their businesses are awesome, but their customers don't
5. They eat Mcdonalds
6. They cut corners in The Wrong Places with their businesses (also, alwyas prioritize your sales and your marketing)
7. They try to compete on price
8. They understimate their customer's intelligence
9. They try to do everything themselves
10. They are afraid to invest and loose money-
Thanks for sharing! I treat my new RUclips channel like a business and hope that the mindset of consistent work and dedication will bare its fruits in the long run. 3 months in already!
I LOVE what you said about not being able to make back your time. This made a very big impression on me. Your videos have been a blessing!
Monique Shorten she is such a blessing 🌸 all the best to you 😊
"im obsessed with time" i instanly pictured whiterose from mr robot x)
You've quickly become my favorite youtuber. You're a brilliant woman. Thank you for all the work you put into these videos.
16:54 Absolutely. My first web property was a collaborative blog creating content --- it taught me that my customer's time is more valuable than mine.
This is exactly what we needed, a gentle reminder of how life works.,.,., thanks Wholesale Ted lady :-)
"You can always make back your money, but you can never make back your time".... Wow that resonated with my the soul! Thank you for giving me a daily quote to serve as inspiration to grow my online business (and for such informative videos too!!) ♡♡♡
I LOVE that u mention diet!!! It's so true! We have to think holistically about our lives. In America we are so compartmentalized, leaving diet conversation for only people at the gym. I'm a massage therapist and even talk to my clients about their diet. People don't acknowledge that diet is important even in entrepreneurship!
A critically important discussion on the superior value of time and health over money. I appreciate you Wholesale Ted!!
As always, on your face "Truth", and He is right, your dad has a point, but I totally agree with you.
i personally not afraid of spending money on hiring people im afraid of how to manage employees how to communicate what i need and overall be their boss being boss is not easy for me
Most people just can't accept that they were wrong. Thank you for saying when you were wrong.
The difficult part for me is seeing what else the world needs. It seems like everyone in a first world country has more than they could ever need, but I realize from a business perspective if people are willing to buy unnecessary products, then there will be a demand that may make a specific item which caters to that demand profitable.
It's very interesting.
Also the part at the end is relatable to me since I'm extremely risk averse. I have plenty in savings but don't splurge at all on eating out or buying stuff I don't need.
I don't know if I'll ever put in the time and energy to become an entrepreneur even though I'm fairly stressed by work at times, but I'll still watch your videos from time to time incase I think of a service to offer that's better than buying a truck, trailer and tools and trying to start a small yard care business.
Another great video Sarah, I think you got me on the not outsourcing tasks. I too, value time over money but I find it hard to involve others as early as I am in the process. Thanks for making such jampacked thought-provoking videos.
You can always get back your money, but not time! That is true reminder
Holy cow that last bit on time is exactly what ive been realizing lately. Like you, i don't think about the money as much as ive found ways that work for me in my business, however after a few years of business im starting to really appreciate the little free time i have for family and myself. Mistakes eat up time, although i learn and persevere through those mistakes, its still something i can never get back.
Love the animations, vids are really more fun to watch now.
Number 10 has literally changed my entire approach to my entrepreneurial endeavors. Thanks for consistently providing us with awesome content!
I agree with you regarding the time, but I also get that people are afraid to invest. Many people can barely make ends meet, so they feel they need to make the money back straight away in order to be able to eat and pay bills, and are afraid of failure.
Thank u for the videos. I laughed when you said that you thought it was engaging watching yourself for 13 mins.. But nobody else did 😆
Sarah dissects herself
Always improving changing
I like your style and no nonsense advice. Having watched several of your videos I've started to hear your voice in my head giving advice. "No Richard, you don't need that chocolate bar, eat an apple and some nuts instead." "No Richard, stop watching that bad movie, go to bed and get some sleep instead ." I've only just discovered your channel and am deciding if I want to invest the time in your business model. At the moment I am enthusiastic, just need a while to step back and think a bit. If I go ahead I'll try to join your ecomm club house.
The comparison between time and money at the end is the best advice I've heard in years. Thank you Sarah.
I've sometimes heard the advice of "scratching your own itch" when it comes to finding a niche. How do we know if we're just going for a niche we enjoy or having a negative cognitive bias, especially when we're early on in the process and may have little to no client feedback?
You, know, I’m liking this girl more and more, yes yes, I understand but she is entertaining, comes across as genuine and is a real pleasure to watch Lake Wobbly or not. And lots of key life and money lessons from a fresh faced sourced is actually quite refreshing. But I said that already.
This is so great! And this is why, in 3 easy steps. From a filmmaker to you who wants to make YT videos that work: 1. super-powerful interesting and useful "straight to the point" content...no fluff, interresting even for people outside the films target group, the wiever gets value from the first sentence and you are not forced to buy to many books, courses and other products related to the chnnel. 2. Wery well produced, looks like "lets just tape you in the office with my phone" editing and sound is taken good care of but its not "over produced" its down to the ground doable. 3. Delivered by a believable, trustful, onest, sweet person with true knowledge that i feel wants to help me....the recipe for sucsess people. Well done and good luck to all you viewers!
Thanks Sara, thanks for the encouraging video. Getting ready to launch two shops.
R wow!! All the best to you 😊 😊
@@intheworldofmari Thanks! One site is live now, I am just waiting to get some footage from a fiverr model so that I can create an ad. The the second site is POD and I am waiting for samples for quality control.
At this point, all of Sarah's blood has been replaced with coffee.
Robert Capleton 😂😂😂
@@intheworldofmari Wow...This is the last place I never thought I would find u. I followed your videos.
Thank you Sarah...you are truly inspirational and push many of us into action!💥
twenty thumbs up!!
That's a great point about money v.s. time at the end. Money comes and goes, but tIme is always running out.
I love how you can admit to being wrong! So much better than most. Appreciate it Sarah! ❤️
The price competition thing - as someone who is always frugal I often go with at least the second to lowest price. It has bit me in the butt sometimes but other times I have been very happy paying almost the lowest price. But I have to remember that not everybody is as poor as me so not everybody thinks this way, not everybody is as frugal as me and would be willing to pay a bigger price than I would.
just loves that last 4 minute clip
I learn something new everyday when building my store. I have built up my services as a freelance Illustrator/graphic designer and am still growing. And learning! lol However it wasn't until you said, you are selling trust along with your product that it clicked. Of course you are. I was struggling there with the explanations, ect. Seeing them more as filling in as part of the selling equation. But now I get it. Thank you for that!
I've got the opposite of the superiority complex / Lake Wobegon effect, I'm extremely self deprecating but not in the way that demotivates me, it's the fuel that burns within... I love it 😀
Finally taking the time to read over your e-book. Lot of your vid plug-ins I've already listened to in the bckgrnd while wrking so the recap is always golden. As since I listen to in the bckgrn while wrking on my business, sum details I miss. Like your advice on Product Discriptions and adding in a External plug which I had thought abt also. Since have been "practicing" with t-spring first. I like that I'm able to make my listing private or unlisted, while I'm still in practice mode and navigating and figuring out the Best way to set up my store. Thanx for your advice. Nxt up your drop shipping vid, I don't think I've seen it yet
After investing in several online programs over the course of years always with a degree of disappointment I find myself circling back to you Sarah and your refreshing, honest, clear take of becoming an online entrepreneur. I have finally subscribed to your channel and hope to binge watch everything you have published as I pursue POD. I have been approved as a Merch by Amz seller and look forward to taking the plunge with the positive mindset you exude.
I LOVE this video. The time > money perspective is just what I needed to hear. Thank you!
Your full-time animator is really working. I found you video entertaining and informative.
Your last words stuck me so hard. Im currently at work watching your videos and i always work on my designs for my future online shop at work too.. i was always scared that i should not be splitting my concentration between work and passion but... i agree TIME is precious and if you think u r wasting time move on to something more productive♥️ Thank you
I am totally agree with you.
When I’m get down to this online stores I’m worried about same things cause such time consuming I do research for any trendy designs, I need to do a lots of settings for my online stores because people will look at your store by the first look then they will curious to your products unfortunately if you don’t have enough products then they will definitely disappointed. But without eye catching store front they won’t even curious. Luckily, I decided to hire a professional designer from Fierr. Not luxurious expensive! What a surprise! People are like me even can afforded! What a relief! I am thinking I might have to do the same to other two stores as well.
So! Yes, time is never enough for a beginner.
Thanks Sarah!
You offers a lots knowledges as free gifts to people are struggling with their professions especially during this special time cause some of the industries simply cannot just pick up very fast after COVID. I’m in hospitality industry and I works in a hotel that is depends on tourists!
You seems like knowing what to do from earlier age and you know how to handle it and manage it. Yet, you made yourself abundance and now you starting to teach people how to create their own fortune at this difficult time.
You are truly amazing! Cheers for New Zealand !!
Love the humor telling it straight up like it is! This is what people need to hear!
I'm in business for myself with a Blog that talks about what most people regard as conspiracy theories (with my own creative edge of reasoning).
You have got me thinking about customizing some T-shirts with some of my favorite sayings from past presidents and prominent figures in history regarding the state of things [behind the curtain].
Best wisdom of the day is where you wrap it up...
"You can always make back your money but you can never make back your time." That reinforces my beliefs.
Well, I guess people that want magical solutions for starting their businesses don't find value in actual useful information. Really nice video, thanks!
Taoking Kong i agree 👍🏻all the best to you 😊
great video! thanks for the wisdom you share
time or money, you put it very visual and easy to remember 🎯
One of your best videos ever! Strong finish. Invest in making time. Awesome!
Excellent info as always Sarah. Mistakes to avoid for sure. Thanks for all you do.
7:06 So true about who we sell to. Its a hard lesson, but very doable, which is why I'm sharing my example. I began by writing spy thrillers, but taught myself to write romance novels because they sell well. I haven't made a boatload of money yet, but at least there's a better market. You're awesome and right.
Hi! Is there any video where she talks about what country’s she recommends to sell to ? I’m following her process only because if find that a lot of “gurus” contradict themselves and I decided to stick to Sarah only.
She has said the US.
Thanks Sarah, we love your upfront honesty!! Keep up the good work :)
Seriously learned one of these lessons hard this week. I have so many ambitions and yet lately been sooooo tired. I cut out all the carbs and sugar and just after 2 days I'm so much more motivated. Also, Sarah, your awesome and looking good girl!
This is one of my favorite videos of yours. This was when I realized I could do an online business. I realized, like you, I value time not money. I realized taxes aren't big and scary. You learned editing tricks and hiring people to make animations for your video will increase views! :D
I'm gonna save this video and rewatch it whenever I need a boost. I especially appreciated the unexpected mistake of not eating well. This is something I do daily and as a consequence my health stops me from getting things done. As well as being worried about losing money and in my case, getting into more debt, which to me is the same thing. I have a lot of mental and physical changes to make, but at least now I know where to start. Thank you! This is honestly the RUclips channel I value the most. Thank you for your hard work.
Hey Sarah, not sure if you going to read this but i am truly grateful to have found you sharing your tips and tricks in e-commerce business. I just join your dropship club and that is EXACTLY and i mean like
E X A C T L Y what i was looking for. I have been watching alot of youtube videos . Although, they are very informative, i just don’t know where to start. It’s taking that first step is difficult. I hope you are reading this and would like to extend my huge thanks and appreciation from the bottom of my heart. You’re a truly life saver! I wish i could meet you and hug you in person (not in a creepy way lol)
Knowledge is powerful. I wish you luck for whatever you seek in life! Adios! 😊
oh my!!!eating McDonalds got me! Since I started my biz, I have had McD more frequently then ever. :)
your videos are great! thanks for all the info you share.
Thanks very much for this video.Definitely learnt a lot. Sure thing. Money is retrievable, but time isn't.
Great video Sarah. It has helped me in more ways than I can say. Keep up the fantastic videos. Cheers 🥂
Excellent information Sarah! I have a successful Direct Sales/Network Marketing business. You're content in this video applies to all businesses! I'm going to share your video with my Leaders on my team, so they then share it with their Leaders!
hello Sarah,my name is Charlotte! i am a 12 year old girl looking into to getting money. Your videos have really helped a lot with my education in money and stuff. i cant wait till i turn 13 to start a print on demand account and earn money. i am saving up for equipment for a business im going to make in the future. you probably wont see this but i liked a lot of your videos so i can show how much these help. from Charlotte :)
I feel like this is the no.1 fundamental video for entrepreneurs
Well said at the end !! Time is the most precious, changing time for money is normal but we cannot do it the other way round, dont be scared to lose! Technically you are not loosing its all valuable experience paid by time ! Never give up and be patient ;)
Love your kiwi accent... Your nation knows my nation well via rugby .. (Wales)
love your content.
just going through your ebook. This video is still pretty relevant. Great advice. Thank you.
Thank you so much for your videos! I made a couple sales my first month though Redbubble and Etsy! :)
Lol. My usual struggle: shiny object syndrome 🙈 But at least it gives you insights into different business models and can stick to the ones that work best for you 🤷♀️
The last bit, between 17:08 and 17:32 I felt that. Value perception. Short term pain/sacrifice for that long term gain/success. Anywho, love your channel! I had a few days of work and have spent them watching your videos! Thank you for all this great content!
Excellently presented video. And it was still a well of information I can apply to myself and my business goals online. Thanks, Sarah.
This is great, most of these I knew but there was 2 or 3 that I kind of never thought about enough. At the end, the time thing is what I'm just realizing right now, the money doesn't bother me too much as I have a full-time job and I'm making money in the stock market and I'm looking to start the e-commerce thing too at the end of the month.
These videos are great for information and entertainment.
I had to laugh when I saw the last animation. How the file polishes the iron rod. 😂👍
Well, I like to think it's breaking through the prison bars 😂 but it definitely didn't do that instantly.
@@WholesaleTed I laughed out loud at that exact moment. it's hilarious - the file, the camera angle, the filing sound, perfect timing it was a genius move for you vid. The cartoons are cute and engaging....good investment.
great to see you alive and kicking sarah. keep up the great vids
Hey Sarah...great efforts...your videos are always inspiring, informative and can easily be understood by visitors... especially with the help on animations...
And your hold and knowledge on consumer psychology is amazing...keep up the good work Sarah..! 😊
Thanks for sharing, I greatly agree with everything on the list, especially number 6 and 7, I'm selling shirts on an Asian Online Selling Marketplace "Shopee", I sell printed shirts too under my own brand (still new just starter a month). If we compete on making our products cheaper, we will lose in the end, because those cheap products especially shirts from China are made of cheap materials, so they can sell them cheaper (like $5). But if we use higher quality base (plain) shirts like Bella and Canvas, Gildan, Fruit of the loom for out printed shirts, then we should not be ashamed of selling them at a higher price (like $15 to $20) because we know they are of quality. And customers like quality purchases so at the end, we'll get a positive Ratings from them.
Seen many videos of yours. You are blessed by clear thinking.
I think you should have put in one more mistake that we make that cause our business to fail.
having the wrong mindset when we start our business
Thank you Sara I love your videos. There are many people out there trying to do the same as you, but for some reason I trust you more than others. You just seem like a real person, honest and just yourself. I love your philosophy of time being so valuable I think most people dont realize how they have a limited time in this world. Thank you, I will follow your advice.
I like how you say word never.... sweet☀️
Have a nice day!
Love the way you explain things. You are Awsome. Thank you for being a big help.
Sarah, you have so many truly useful ideas and a lot of common sense. I have been watching your videos and gleaning much wisdom from your experience. One of the things that I zeroed in on and totally agree with is the fact that time is required to grow any lucrative business. I was always self-employed. I started out in my teens doing yard work and care-giving for elderly people. At 18, I moved into a 27-year specialty career tuning and repairing pianos, and giving private music and art lessons. Those jobs took YEARS to build up - and I could never make more than $2500.00 per month - usually less for a lot of very hard work and 14-hour days with three-plus hours on the road. Finally I had a horrid car crash in 2009 which took me out of the work force in my forties. I have been working from home ever since - making unique custom musical instruments. Again, I don't make much money at all with overhead, materials and labor. Like so many people, I would love to be able to work a little less hard and have a bit of fairly passive income...but I am mostly a creator and am business-challenged - plus being a loner with very little social activity. I may never strike a better balance or find my way into greater security - but I'm keeping an open mind and am willing to try different approaches. I'll keep watching your videos and thinking about it all - and you have a LOT of great ideas that could work for many people. Keep up the good work! Right now I'm trying out the print-on-demand idea...using my college fine arts degree to create both funny and creative wearable art - especially for musicians. I just started sharing my first creations with musician-friends on Facebook...I am identifying some wide-open possibilities that might be opportunities....we'll see.