How to Start a Dropshipping Business

Hamax Smith
7 min readSep 7, 2020

How to Start a Dropshipping Business and make 6-figure income in a year.

You need no inventory, storage space, or massive amounts of startup capital required, dropshipping has become an appealing revenue model to many looking to make extra money online.

It used to be that you had to stock inventory if you wanted to sell products online.

But with the advent of dropshipping, anyone can start a product-based business without having their own physical inventory.

Dropshipping has quickly become one of the most popular online business models, and for good reason. According to Statista, in 2020 there were 1.66 billion global digital buyers. By 2025, that number is expected to grow to 2.14 billion.

Dropshipping lets people manage physical businesses without having a warehouse or full-time employees. It’s the 21st-century solution to building a flexible product-based business.

What is Dropshipping?

Dropshipping is an order fulfillment method that does not require a business to keep products in stock. Instead, the store sells the product and passes on the sales order to a third-party supplier, who then ships the order to the customer.

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Hamax Smith

Entrepreneur, Coach, Dreamer, Data Science, Food and Coffee Enthusiastic. I share articles on wealth, health and happiness.