I finally have an ecommerce store up and running! It doesn’t have many products yet, but I will be adding a bunch in the near future. I have already made a lot of mistakes and way overpaid for the site, but the lessons I have learned already are invaluable for the future. I hope to start other stores with higher margins and scalability in better niche markets as well.
I may end up deciding ecommerce isn’t for me and stick to real estate as my flagship to freedom. I am definitely interested in some sort of online business, though, due to the low risk/high reward ratio. I am quite proficient in wordpress and getting more familiar with the ins and outs of website creation/management, which is definitely a plus in this business, although you can technically outsource everything! We already have an idea for our next site and the wife might even lend a hand in it! I’ll definitely be posting the results of this endeavor in future posts. Oh yeah, and the amazon affiliate store I bought off Flippa has made like $5 in a couple months. lol Not good, but it was mostly an experiment too and I’ve learned a lot there too. Looking forward to what the future holds! 🙂
PS The site is http://www.glowstickjunkie.com, check it out! 🙂