Earl V. Meister“The 9 To 5 Dropouts” is an uplifting and motivational book on how to quit your job and start a business. With the help of this “how-to”, aspiring entrepreneurs can learn what it takes to venture out into entrepreneurship, as well as find hope for those who are stuck in their current situation.
Mike Nelson will show you how to create a T-shirt company that can supplement your current income. You can accomplish it without spending a lot of money on printing equipment or stocking up on goods. Mike claims to have personally sold over fifty-three thousand tee shirts in the last several years, earning over one-point-two million dollars. Even better, the sales and fulfillment processes were almost fully automated. Skeptical? I’m in the same boat. Continue reading for my review of 9to5 Dropouts.
NEXT: How Does This Compare To Having Your Own T-Shirt Business?
Mike claims that you can start your own hands-off T-shirt company for about $5000. You can have a six-figure side income selling T-shirts if you follow his strategy. Step one: Do not, under any circumstances, establish a new job for yourself. The majority of budding T-shirt companies make the mistake of investing thousands of dollars on printing equipment. Aside from the money, the shirts you’re producing aren’t scalable.
The next step is to make use of other people’s resources. Allow them to print your shirts to save you time, money, and sanity. Print on demand is the technical phrase. There are a number of low-cost providers that will gladly print, package, and ship your shirts for you. What is the third step? Create a T-shirt design that people will want to purchase. It will be sent to your new print-on-demand partner. They’ll take care of the rest.
The best thing is that you won’t have to pay them out of your own wallet. When the T-shirt sells, they take their cut straight off the top. The remainder is yours to keep. Once you’re up and going, this is what makes it so bootstrap-friendly and passive. Now you may focus on your company rather than on it. And, as Mike points out, that’s what genuine company owners do.
What are the prices for these print-on-demand services? Shirts are usually priced between $8 and $10. Mike sells almost all of his shirts for $24.99 each. That leaves him with a profit of around fifteen dollars every shirt sold. What are the names of several of these businesses? You can utilize Shopify; simply look for print-on-demand firms in the app store. Printful, Printlee, and a few more less well-known options are available.
What about the aesthetics? How can you tell what will and won’t sell? Simple. You take what’s currently functioning and make it better. Go to Amazon and search for plus t-shirt the niche you wish to enter. For instance, “dog t-shirt.” Take a look at the best-selling items, the ones that have a lot of positive feedback. Boom. Right there are your winning designs. Of course, you won’t be able to reproduce such designs exactly. You’ll have to play around with them and make them your own. If you don’t have a designer on staff, you may hire someone on Fiverr to assist you.
So, how do you make sales now? Mike suggests looking for relevant hashtags on Instagram, sorting by popularity, and reaching out to influencers who already have large following who would be interested in your t-shirts. You’ll have to visit a lot of people and strike up bargains with them. Ugh. That’s the only thing that bothers me about it. I can only image how many no’s you’d receive, or how much they’d try to overcharge you. It seems that it would reduce your profit to nearly nothing. If you can get beyond that, Mike offers a $497 4-Week T-Shirt Bootcamp.
MAKE REGULAR INCOME WITH WEBSITES AS AN ALTERNATIVE
Katie Smith: Watch this brief video if you want someone who will tell it like it is, respect your time, and show you a company that could really work for you.
Earl V. Meister