• How This 17 Year Old Turned a Love of Watches Into a $13,500 a Month Business

    This article is from Shopify, and was republished and shared through Elksourcing with the permission of Shopify. Original link:https://www.shopify.com/blog/194984713-17-year-old-making-13500-a-month For years I’ve been advocating for people to start their own online stores. I love helping entrepreneurs create value seemingly out of thin air and have been fortunate to mentor a few students on their ecommerce journeys. One of my most successful students is Jonah, a 17 year old competitive swimmer from Denver, Colorado. Jonah was like many other people I’ve met. He wanted to start an online business, but he didn’t know how to code or have any experience doing it. So how did he go from knowing nothing about ecommerce, to making more than $13,500/month in revenue in his first year of business? How did you get your start in online marketing? I’ve worked a few part-time jobs and never enjoyed working for other people. I like working on my own time and I’m…

    Shopify Tutorial 2021-05-11
  • Elksourcing:Tips for Managing Your International Trade Business

    Running an import-export business can be complicated and laced with risks, especially if yours is a small company. Here are some tips for managing those risks and keeping your international trade thriving. 1. Stay Organized Sending and receiving invoices over email can be onerous when you use your email accounts for multiple purposes. Using an online payments network keeps all of your payments administration and communication in one separate place, with the added benefit of working seamlessly across borders. 2. …But Flexible Working with numerous clients and suppliers internationally can also mean encountering and managing different cultures and preferences in doing business and completing transactions. It’s important to stay adaptable, and to work with clients regarding their preferred methods of delivery and payment, in order to avoid damaging relationships that are important to your company’s success. 3. Minimize Currency Risks There are many organizations that support selling services, products or talent overseas….

    Shopify Tutorial 2021-04-08
  • Elksourcing:Time Management Tips for Small Business Owners

    As a small business owner, you’re regularly confronted with a range of challenges. And if not handled effectively, these can run your business and even your personal life into the ground. For example, if you don’t have the time to properly assess an issue and how to resolve it, you could create an even bigger problem. This is why effectively managing your time is so important. Successful business owners know that it’s not always about how hard you work, but how smart you work. 1. Plan Your Day Whether at the beginning of the day or the end of the night, plan what you want to accomplish during working hours. Prioritize your list by labeling urgent items that must get done, less-urgent items that must get done, and bottom-level tasks that aren’t yet a priority, but would be great to get out of the way. As your complete tasks, mark…

    Shopify Tutorial 2021-04-08
  • Elksourcing:Start Doing Business in China? Read These 5 Tips

    China is the largest supplier of goods to the United States, and the trade of goods and services between the two nations is a multi-billion-dollar relationship. But in order to gain a foothold in the global sourcing industry, there are some cultural and business customs you will do well to adhere to if you want successful. ElkSourcing can act as a liaison between you and suppliers, and accompany you on overseas supplier visits and meetings. However, there are some important customs you need to be aware of before you go. Here’s a quick guide to get you through the trip embarrassment-free. 1. Relationships before business. There is a saying in China that you don’t discuss business until the third cup of tea. The Chinese place great importance and value in developing relationships first and conducting business second. The best course of action is to learn about your host’s country, culture, interests, and share your…

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