Dropshipping Business

3 Tips For Starting A Successful Dropshipping Business (2024)

Pat Walls

•

Updated: January 19th, 2023

Want to start your own dropshipping business? Here are some tips you should know:

Learn more about starting a dropshipping business:

Where to start?

-> How much does it cost to start a dropshipping business?
-> Pros and cons of a dropshipping business

Need inspiration?

-> Other dropshipping business success stories
-> Marketing ideas for a dropshipping business
-> Dropshipping business names

Other resources

-> Profitability of a dropshipping business

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a dropshipping business:

#1: Amanda Austin, founder of Little Shop of Miniatures:

We chatted with with Amanda, founder of Little Shop of Miniatures ($/month). In our interview, Amanda says:

If you end up starting a business that nets you a grand a month and it lets you drop down to part-time or take a less lucrative but more enjoyable job, that is a success!

Read the full interview ➜

#2: Amanda Austin, founder of Little Shop of Miniatures:

We chatted with with Amanda, founder of Little Shop of Miniatures ($/month). In our interview, Amanda says:

My business is a small, mostly passive income stream and I’m okay with that. There is so much more I could be doing with my store, but right now I am loving the extra income stream that allows me to work part-time at my day job and spend more time with my infant daughter.

Additionally:

The store was profitable from the first month it opened, I think I cleared a $50 profit that first month! Now, I am making about $800 in profit each month. It will be about triple that for the holiday season.