Do You Need a Dropshipping Mentor?
In this video, Matt reacts to this person saying you should have a dropshipping mentor. Is he really a dropshipping mentor or just another scam to make you pay for something else?
There are tons of people out on social media giving business advice. Some of it is good advice, but most of it isn’t good. In this new series watch CapForge’s owner react to different advice videos. He’s an expert in all things business and has 20+ years of experience under his belt. Some of the things he reacts to might even surprise you!
Video Transcript:
Business Advice Video:
An average day. Considering I’m working around 10 hours right now I’m bringing in between 15 and $25,000 a day and I’m doing that because I figured out how to leverage my time correctly. Now, if you want to work with me, one-on-one, you want to be mentored by me, starting off learning how to sell products online and drop shipping and e-commerce. I want you to click below. I’ll text you. Again no commitment. I’m not going to ask you for money. I’m just going to generally see if working together is a good fit. Click below if you want to talk.
Matt’s Reaction:
Okay. Well, if you’re making $20,000 a day and that’s consistent, then you’re making $600,000 a month. You’re making $7.2 million a year. Even if that’s revenue, not profit, if you’re doing it right, you’re still making one and a half to $2 million a year. If you’re making $2 million a year, I’m pretty sure that you’re not willing to just spend a bunch of time mentoring people for free. Whoever randomly reaches out to you from your 30-second video on TikTok for nothing. Right? Nobody does anything for nothing. It just doesn’t make any sense. I also am highly suspicious of the idea that dropshipping is bringing this guy that much money. I have seen a lot of dropshipping businesses. Very few of them crack seven figures. There are some, but it’s pretty rare. And to get there, you have to spend all of your time running that business. You don’t have time to mentor people for free from random DMs. So I’m suspicious. And what I’m suspicious of is that, yes, there is absolutely going to be a paid course follow-up after your first initial free outreach. And I also suspect that the vast majority of the money that this guy makes is not from dropshipping, but from selling dropshipping courses, of which 90 to 95% to 99% of people buy and then never do anything with. So if you’re looking to spend money sending it to this guy for a course that you’re not going to use to make no money dropshipping, then absolutely reach out to him. But if you’re legitimately interested in starting a business selling products online dropshipping or otherwise, this is probably not the route to go.
