Hi everyone -
I'm Coco, I'm really glad to be part of this forum - many inspirational stories of exciting business ventures!
I actually joined the forum 2 years ago, this was when I started my second year in college. I'm from Taiwan, 22, majoring in Architecture in NYC.
Reading Unscripted really changed my perception regarding life and money in general, and the ways to generating passive income. Thank you from the bottom of my heart, MJ!
I started first my entrepreneurship journey selling items on Amazon as well as my own websites. I actually lost around 5k with Amazon ( no experience in choosing products, product differentiation, advertising), and decided to move away from it due to its violation of the commandment of control.
After losing money my dad lost his management position, therefore was struggling hard to pay for my tuition. I was really depressed at the time as I began to think myself as a financial burden for my family. I started looking for ways to generate money online without taking too much of initial investment - dropshipping caught my attention.
After months of research into website design, facebook advertising and video ad creation (including the testing of 50+ products) I was able to find myself a successful product 'winner' and scale the product through fb, ig, and google ads. This was my first time generating income for myself and my family, and eventually it turned into a rather steady income stream to support my tuition fees. Since last year I was able to make 1.7m in revenue, with a 20% profit.
However, I understand that the dropshipping model isn't a sustainable model in the long term. Now I looking into building another revenue stream, I just bought @Walter Hay's 3 books to learn more about B2B export/import business as well as labeling/differentiation strategies. Having some experience in e-commerce and products, as well as my ability to speak both English and Chinese, I hope to build a sustainable business helping people tackle inefficiencies in product sourcing, import/ export. I do not have anything concrete at the moment (it's only an idea, another would be to establish an ad agency), but would love to document my journey here with you guys.
I know this is quite bold...but hopefully within the next 10 years I will be able to gain financial freedom! Would love to see that white grand piano sitting in the living room, with a view looking over the Manhattan some day...
Looking forward to learning more from all of you.
Best of Luck and thank you!
Coco
I'm Coco, I'm really glad to be part of this forum - many inspirational stories of exciting business ventures!
I actually joined the forum 2 years ago, this was when I started my second year in college. I'm from Taiwan, 22, majoring in Architecture in NYC.
Reading Unscripted really changed my perception regarding life and money in general, and the ways to generating passive income. Thank you from the bottom of my heart, MJ!
I started first my entrepreneurship journey selling items on Amazon as well as my own websites. I actually lost around 5k with Amazon ( no experience in choosing products, product differentiation, advertising), and decided to move away from it due to its violation of the commandment of control.
After losing money my dad lost his management position, therefore was struggling hard to pay for my tuition. I was really depressed at the time as I began to think myself as a financial burden for my family. I started looking for ways to generate money online without taking too much of initial investment - dropshipping caught my attention.
After months of research into website design, facebook advertising and video ad creation (including the testing of 50+ products) I was able to find myself a successful product 'winner' and scale the product through fb, ig, and google ads. This was my first time generating income for myself and my family, and eventually it turned into a rather steady income stream to support my tuition fees. Since last year I was able to make 1.7m in revenue, with a 20% profit.
However, I understand that the dropshipping model isn't a sustainable model in the long term. Now I looking into building another revenue stream, I just bought @Walter Hay's 3 books to learn more about B2B export/import business as well as labeling/differentiation strategies. Having some experience in e-commerce and products, as well as my ability to speak both English and Chinese, I hope to build a sustainable business helping people tackle inefficiencies in product sourcing, import/ export. I do not have anything concrete at the moment (it's only an idea, another would be to establish an ad agency), but would love to document my journey here with you guys.
I know this is quite bold...but hopefully within the next 10 years I will be able to gain financial freedom! Would love to see that white grand piano sitting in the living room, with a view looking over the Manhattan some day...
Looking forward to learning more from all of you.
Best of Luck and thank you!
Coco
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
