The Big Dropshipping HOAX

08/05/2023 12 min Temporada 1 Episodio 27
The Big Dropshipping HOAX

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Episode Synopsis

Michael Cheney, a successful entrepreneur, warns against dropshipping as a way to get rich quickly.Dropshipping is difficult, competitive, and has low-profit margins.Instead, Michael recommends using the SLAM method to make money online:S - Skill: Become skilled at something in high demand, like email marketing or ChatGPT, quickly.L - List: Build your own email list, which becomes a monetizable asset that you can use to promote products.AM - Affiliate Marketing: Find other people's digital products and promote them as an affiliate, using ClickBank.com to find related products with high gravity scores.Money gone SLAM power-up method: As you gain more experience and expertise, you can start selling your own digital products and services, like readymade emails or coaching.The SLAM method allows you to build an asset and a personal brand over time, without dealing with physical products, supply chains, or low-profit margins.Devote all your attention to learning and mastering one skill at a time, rather than trying to learn many skills at once.Effort and work put into building skills and assets will lead to more value and money in the long run.If you want to know more about Michael Cheney, you may reach out to him at:Website: https://growfast.biz/Youtube Page: https://www.youtube.com/michaelcheneyFacebook Quantum Level Group: https://www.facebook.com/groups/quantumlevel

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