tag:blogger.com,1999:blog-4194848132778607550.post2663228227412121258..comments2024-03-28T02:23:23.177-07:00Comments on JohnnyFD.com - Follow the Journey of a Location Independent Entrepreneur: Why You should start with Dropshipping in 2017Johnny FDhttp://www.blogger.com/profile/16606448957561483887noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-4194848132778607550.post-42602526075711630552018-04-26T03:02:21.143-07:002018-04-26T03:02:21.143-07:00Hey Johnny,
I am about to open a store, trying to...Hey Johnny,<br /><br />I am about to open a store, trying to find the niche still. When doing my research I see Wayfair, Houzz and Home Depot are competitors in Google shopping for certain brands. There doesn't seem to be and 25+ stores (on google shopping for a product). Is that considered too competitive? <br /><br />Caseyhttps://www.blogger.com/profile/04654187622914074311noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-49599059833462634842017-08-30T07:32:06.633-07:002017-08-30T07:32:06.633-07:00Interesting read, a useful case study. I am also i...Interesting read, a useful case study. I am also intending to start a dropshipping business, but not in Thailand. The only issue I have heard is that you need a Tax ID in that country to start a dropship business (https://magenticians.com/how-to-start-dropshipping-business/ ). Is that true?oliverhttps://www.blogger.com/profile/16138843829014825922noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-13046693986049466262017-07-10T06:05:16.520-07:002017-07-10T06:05:16.520-07:00I run the stores while living in places like Thail...I run the stores while living in places like Thailand, but I dropship the products to and from the U.S. =DJohnny FDhttps://www.blogger.com/profile/16606448957561483887noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-19307353822988705372017-07-10T04:21:23.921-07:002017-07-10T04:21:23.921-07:00Great reply, well received, thank you Johnny.
So ...Great reply, well received, thank you Johnny.<br /><br />So are you running all your dropshipping stores from Thailand? <br /><br />Don't you get very high shipping prices when sending from here? sambo samhttps://www.blogger.com/profile/08181230380954114101noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-62629503725084100442017-07-10T02:03:20.675-07:002017-07-10T02:03:20.675-07:00Hey Sam. I think some really smart people will mak...Hey Sam. I think some really smart people will make hundreds of millions if not Billions in SE Asia including Thailand through things like Lazada and Kaidee. But it won't be me. It'll most likely be a local Thai guy who is in university right now that can navigate through the bureaucracy, laws, etc. For me, i'm happy making $100,000 a year from dropshipping and using that money to do something else. Johnny FDhttps://www.blogger.com/profile/16606448957561483887noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-53061581061431531692017-07-09T11:50:27.161-07:002017-07-09T11:50:27.161-07:00Hi there,
Very interesting read, I'm also abo...Hi there,<br /><br />Very interesting read, I'm also about to undergo my journey into dropshipping. I'm definitely going to start one of the courses mentioned above as a starter.<br /><br />I was intrigued by your mention of Thailand, as I'm also based here (originally from U.K.)<br /><br />Do you think it wouldn't be so 'fruitful' to set up here? And if so, why? What would be the issues..<br /><br />Sites like lazada and kaidee are gaining popularity I think...<br /><br />Your thoughts would be greatly appreciated.<br /><br />Kind regards sambo samhttps://www.blogger.com/profile/08181230380954114101noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-59060927219650770682017-03-29T19:18:38.159-07:002017-03-29T19:18:38.159-07:00Dude, just pay taxes. It's not worth trying to...Dude, just pay taxes. It's not worth trying to do it under your gf's name. For Non-Americans, here's the article I wrote for you: http://www.johnnyfd.com/2014/05/dropshipping-for-non-americans-antons.htmlJohnny FDhttps://www.blogger.com/profile/16606448957561483887noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-12566054439716500212017-03-29T01:04:43.742-07:002017-03-29T01:04:43.742-07:00Hi Johnny, I searched for this high and low on the...Hi Johnny, I searched for this high and low on the internet, but couldn't find any direct answers. As a non-US citizen/resident, does someone have to open an LLC in the US to do dropshipping selling/buying within the US? all of the information I find is that you _can_ go the route of getting an LLC in WY or DE, but do you _have_ to? according to the IRS, you can get an EIN from them without having a domestic LLC, without having to start LLC then apply for EIN. Reason is, I'd like to set up dropshipping business with (Thai) gf, and if it's in her name I avoid paying taxes as myself am a US citizen :)Riohttps://www.blogger.com/profile/16457309683681335184noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-33949549692090544422017-01-13T01:05:38.845-08:002017-01-13T01:05:38.845-08:00Hey glad to have you as part of the journey! You s...Hey glad to have you as part of the journey! You should be getting access to my "Jump Start" course within a few days after you get forum access. If you don't, forward me your DSL receipt to hello@johnnyfd.com and i'll take care of it. Johnny FDhttps://www.blogger.com/profile/16606448957561483887noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-34768360489335410282017-01-12T10:14:48.222-08:002017-01-12T10:14:48.222-08:00Hey Johnny, as usual, great pieces of advice. I am...Hey Johnny, as usual, great pieces of advice. I am just about to launch my first drop ship store and I went through your affiliate link specifically because 1) You were the one who introduced me to dropshipping, thankful for that, and 2) I would get free access to your optimize like a boss course. I have no idea how to gain access to it, so any help on that would be much appreciated! Thanks man!Alex Bhttps://www.blogger.com/profile/16790866796939609853noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-22707359281531023772017-01-10T03:30:53.887-08:002017-01-10T03:30:53.887-08:00Good point about the credit cards. Since it normal...Good point about the credit cards. Since it normally takes Shopify 3-5 days to pay you for a sale (and longer if they flag you as being new untrustworthy when you're just starting out) If you don't have a $7,000+ limit on your credit card, you'll need to figure out another way to fulfill the orders so you don't have to make your customer wait an extra 5 days to get their item. <br /><br />But that along with learning business basics as you mentioned, although they're all super important, will be required for whatever business someone gets into. I agree that education (not necessary college) is the key to all long term success as long as you also implement. Johnny FDhttps://www.blogger.com/profile/16606448957561483887noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-87170117417304585392017-01-10T03:18:50.821-08:002017-01-10T03:18:50.821-08:00It's a great business model to start with but ...It's a great business model to start with but it comes with many prerequisites, one of which is the availability of credit. You can't use the funds you get from the sale to buy the products directly, so you need to have a high limit credit card yourself or partner with someone who does. I would also recommend getting a foundational business education at a local community college or online at udemy. Business plans, marketing plans, and financial plans must all be learned. You can learn as you go, but it's a must. education is key to long term success. Trevor James Fennerhttps://www.blogger.com/profile/13478924712404656337noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-1952561314606686732017-01-09T22:13:42.497-08:002017-01-09T22:13:42.497-08:00Hey Matthew, sorry to hear about Amazon freezing s...Hey Matthew, sorry to hear about Amazon freezing sales! Thanks for sharing your personal experience! Hope they get it back up soon! Johnny FDhttps://www.blogger.com/profile/16606448957561483887noreply@blogger.comtag:blogger.com,1999:blog-4194848132778607550.post-1324409123808882102017-01-09T21:25:33.540-08:002017-01-09T21:25:33.540-08:00Great post Johnny. You were very right about the i...Great post Johnny. You were very right about the issues of being 100% controlled by Amazon. Even though it's not my main thing, I'm selling t-shirts on merch.amazon and it's so damn cool to wake up and see getting a shirt sale and not doing anything. <br /><br />The bad side to it is at this current moment haha. They froze uploads and edits so they could efficiently handle customer service and orders, which I definitely respect, but man, it's been almost a month and still nothing is back up yet. They did put out a notice saying they were slowly going to let people upload and give limits to how many per day but that was almost a month ago and I still can't do anything. I do get some sales here and there which is nice but it's a perfect example of why it's always good to have the "multiple streams of income" going on. :)Anonymoushttps://www.blogger.com/profile/10481982923104346321noreply@blogger.com