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Case Studies

“Forget About Bitcoins, Start Building A Real Business” — Advice From A Gen-Z Millionaire Saamir Mithwani

by Roman P. | | 5 min read
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Do you wish to succeed in ecommerce? Then you have to learn from the experts. That’s why today we have brought you the advice of Saamir Mithwani, a prominent figure in the realm of entrepreneurship. Let’s see what he has to share!

Who is Saamir?

photo Saamir Mithwani

Firstly, let’s properly introduce our hero. Saamir has emerged as a Gen-Z millionaire in his twenties by investing in crypto, but quickly started conquering the realm of online business. His journey from a high school dropout to a thriving business tycoon is an inspiring narrative of persistence, strategic networking, and unyielding determination.

Saamir Mithwali screenshot graph

Over the years, Saamir has improved his ecommerce game, to the point where he sometimes makes up to $50K daily from his ecommerce stores! But how did Saamir achieve such results?

Selecting the right circle

Saamir emphasizes the significance of curating one’s social circle meticulously. He underscores the pivotal role that friends play in shaping one’s trajectory towards success. Mithwani advises aspiring entrepreneurs to discern whether their current friend group aligns with their ambitions.

screenshot Saamir Mithwani twitter

He asserts that severing ties with individuals who impede personal growth is crucial. He suggests connecting with people who are already successful in making money online or are actively striving for success.

While acknowledging that finding such individuals might not be easy, he recommends joining online communities and platforms, following the right people on social media, and engaging with like-minded groups. Saamir emphasizes the importance of building a network of supportive and knowledgeable peers, as it can lead to valuable partnerships and opportunities for growth.

Persistence pays off

screenshot Saamir Mithwani twitter

The essence of persistence resonates deeply in Mithwani’s journey. He advocates for relentless pursuit of goals, regardless of setbacks or obstacles. Mithwani’s testament underscores the belief that consistent effort, rather than innate talent or intellect, is the cornerstone of achievement. Stubbornness, often perceived negatively, emerges as a defining trait in Mithwani’s narrative. Despite skepticism and discouragement from others, Mithwani remained steadfast in his pursuit of success. His unwavering determination to defy conventional wisdom and pursue his entrepreneurial endeavors illustrates the transformative potential of stubborn resolve. Mithwani’s story serves as a testament to the adage that unwavering belief in one’s vision can transcend skepticism and pave the path to prosperity.

Become fluent in marketing

screenshot Saamir Mithwani twitter

Saamir emphasizes the importance of learning marketing. According to him, marketing is crucial for making money online because it involves the art of sales. Understanding how to run ads, create effective content, and comprehend customer preferences are all part of mastering marketing. Saamir stresses that by acquiring marketing skills, individuals can outperform others in the market and increase their online sales significantly.

Embrace dropshipping

The main advice Saamir has to offer is to try dropshipping.

screenshot Saamir Mithwani twitter

Imagine you have a store without needing to handle inventory or worry about shipping logistics. That’s the magic of dropshipping. It’s a modern business model where you, the entrepreneur, act as a middleman between customers and suppliers.

Here’s how it works: You set up an online store and showcase products from suppliers. When a customer places an order, you simply forward it to the supplier, who then ships the product directly to the customer. You pocket the difference between the wholesale and retail price as your profit.

Now, why is dropshipping such a hit?

  • Low risks: Since you don’t need to invest in inventory upfront, you’re not tying up your capital. This makes it an ideal option for budding entrepreneurs dipping their toes into the world of e-commerce.
  • Flexibility: You can run your dropshipping business from anywhere with an internet connection. Whether you’re lounging on a beach or sipping coffee in a café, as long as you have your laptop or smartphone, you’re good to go.
  • Scaling: With traditional retail, expanding means dealing with more inventory, storage space, and staff. Not so with dropshipping. You can easily add new products or scale up your marketing efforts without worrying about the operational headaches.

Don’t give up

Lastly, Saamir offers a straightforward yet crucial piece of advice: don’t give up. He acknowledges the challenges and doubts that entrepreneurs face but emphasizes the importance of perseverance. According to Saamir, sticking with one business model and consistently putting in the effort is key to success. He encourages viewers to stay focused, work hard, and remain persistent, as giving up is the only way to truly fail in the online business world.

Saamir Mithwani’s journey from obscurity to opulence offers invaluable insights for aspiring entrepreneurs. His emphasis on strategic networking, unwavering persistence, and resolute stubbornness underscores the timeless principles that underpin success. Mithwani’s story serves as a beacon of inspiration for a generation seeking to carve their path in the competitive landscape of entrepreneurship. Aspiring entrepreneurs would do well to heed Mithwani’s wisdom, recognizing that success is not solely determined by intelligence or circumstance but by the steadfast commitment to one’s vision and the relentless pursuit of excellence.

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by Roman P.
As a copywriter at Sellvia, Roman helps aspiring ecommerce entrepreneurs around the world learn how to launch and grow their online businesses. He has a degree in economics, which gives him an edge in understanding the ecommerce industry. Roman creates engaging and informative content that empowers people to achieve their full potential.
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