04: Snir Alayof on Achieving eBay Dropshipping Success and Moving to Chiang Mai
Update: 2016-07-01
Description
Snir Alayof is a former Israeli solider who decided that he wanted to gain control of his lifestyle and now runs a successful dropshipping business on eBay. Snir and I met in Chiang Mai after he was inspired by my videos to connect with the digital nomad entrepreneur community.
In today’s episode, we talk a lot about drop shipping, living in Thailand and pros and cons of running your business on third-party platforms.
Talking Points
- [1:01 ] The ‘funny’ story of how Snir and I became acquainted
- [2:10 ] Snir’s humble beginning as a solider in Israel and making his first sale online
- [4:54 ] Breaking out of the standard Israeli norm to build a highly passive online business
- [6:56 ] The early stages of building a business on eBay and discovering David Vu’s Udemy Course
- [9:32 ] Reading the 4-hour Work Week and creating a business to achieve his desired lifestyle
- [12:47 ] Discovering the Chris the Freelancer YouTube channel and becoming inspired to move to Chiang Mai
- [16:14 ] Cost of living in Thailand
- [19:07 ] Snir’s search for a community of online entrepreneurs and how he found it in Chiang Mai
- [21:04 ] Snir’s plan to attend to build his own Dropshipping store and attend the Dropship Lifetyle Retreat in Hawaii
- [24:33 ] A short discussion on the art of podcasting as well as Snir’s favourite ones to listen to
- [29:34 ] The reason why he chose drop shipping as his first business to get into
- [31:11 ] How PayPal froze $10,000 of Snir’s money and a greater discussion on the pros and cons of relying on big third-party platforms
- [38:01 ] Transitioning from selling on eBay to building his own drop shipping store with the Dropship Lifestyle method
- [40:09 ] The Psychology and strategy behind product pricing
- [43:14 ] A short explanation and comparison between dropship lifestyle and David Vu’s eBay method
- [46:17 ] Pushing through the initial tough period to achieve success and always working to improve
- [49:52 ] Snir’s final word of advice for success in any field
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