Richie Musk, if you’ve ever heard of e-commerce, chances are you’ve heard this name. Best known for turning $300 into $12,5 million in less than a year and helping others to do the same, this twenty one year old digital entrepreneur is making waves in the e-commerce space. In a recent interview with Forbes he reveals his origin story and how he first got into the space in 2020.
From selling candies and umbrelas to becoming one of the most successful online enterpreneurs of this decade, Richie has come a long way. He has successfully conquered the e-commerce and dropshipping area with his focused mind, which has made him one of the top in business.
“Dropshipping is a method of e-commerce where an online store sells products to consumers, but the merchandise moves directly from the wholesaler to the final consumer without being handled or stored by the retailer. Owners of dropshipping business are not required to pay for the products unless the customers purchase them and pays first.” informs Richie.
Richie started learning newer things and honing his skills; he started with his first online business. However, it did not give him the results or returns as he desired, but instead of losing hope, Richie learnt from his mistakes and kept moving ahead. Richie learnt a lot about making money online and with combining his experiences of running an online business, he went ahead to establish his business in the e-commerce world.
Along the process, he even developed a great network with social media influencers and later after garnering millions of followers, he used the same buzz to make conversions and sales of brandy t-shirts and hoodies on his dropshipping store, which helped him earn a revenue of $5 million. This 21-year-old is now an eight-figure entrepreneur whose business had already made a whopping $12,5 million.
Believing in himself and his abilities and skills to take over his area of interest has helped Richie Musk to stand apart from many other entrepreneurs in the e-commerce space and has made him an inspirational personality across the world.