1 Choosing bad suppliers
2 Not understanding fees
3 Wasting time on manual tasks
What’s your biggest lesson?
Learn from your mistakes and focus the most time on product research and sourcing. Other issues can be solved over time, but if there’s a problem in this area, your chances of success are highly reduced.
No matter what you do, product research is your most important step. Please do not pick a product without letting the data verify the category for you. I learned this the hard way many years ago. I took one of those expensive courses and while the content seemed solid while going through it, I chose the wrong products because the people leading the course did not teach product research properly. Looking back, I’m not sure if they truly understood it. I think they just got lucky with a couple products. So anyway, if you don’t know how to use data to find product opportunities, learn that first.