AI Summary
A millionaire businessman tests the viability of print-on-demand as a zero-cost side hustle, launching a wall art business in 24 hours with $0 investment. He documents the entire process from design to sales, revealing the real earnings and costs involved.
Chapters
The creator aims to build a print-on-demand business with $0 investment, launching within 24 hours, to test if it can generate passive income.
Print-on-demand involves designing products and partnering with a company that prints and ships only after an order is placed, eliminating inventory costs.
He creates a free account with Gelato, a global print-on-demand supplier, to handle production and shipping.
After research, he chooses wall art with entrepreneurial quotes, targeting aspiring entrepreneurs, as it has high perceived value and profit margins.
He orders five wall art designs from Fiverr freelancers for $13 each, providing a brief for entrepreneurial-themed art.
He creates an Etsy store due to its low barrier to entry and existing customer base, despite the competitive marketplace.
He reviews the designs from Fiverr; some are basic, but he selects the best ones for listing.
He uploads designs to Gelato, selects wooden framed posters with premium matte paper, and sets dimensions.
He connects Gelato to Etsy, uses built-in mockup tools to create product images, and sets a price of $49.99 based on cost analysis.
He orders samples to Miami; they arrive in 3 days with good quality, which he believes will build trust with customers.
After a period, he generates 11 sales totaling $549.89. After deducting design costs ($65), Etsy fees ($35.74), and product/shipping costs ($371.69), the profit is $77.46.
Net profit is $77.46. He considers the experiment a success given the $0 startup and minimal time, noting potential for scaling with additional designs.
The print-on-demand wall art business generated $77.46 profit from 11 sales with zero upfront investment, proving it can be a viable side hustle when executed efficiently.
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85% Legit"Title promises realistic earnings and delivers a transparent breakdown of costs and profit, though the $77 profit is modest."
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Study Flashcards (9)
What is print-on-demand?
easy
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What is print-on-demand?
A business model where you design products and partner with a company that prints and ships only after an order is placed, eliminating inventory costs.
00:55
Which print-on-demand supplier did the creator use?
easy
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Which print-on-demand supplier did the creator use?
Gelato.
01:09
What product niche did the creator choose and why?
medium
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What product niche did the creator choose and why?
Wall art with entrepreneurial quotes, targeting aspiring entrepreneurs, because it has high perceived value and profit margins.
02:04
How much did the creator spend on design outsourcing?
medium
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How much did the creator spend on design outsourcing?
$65 total for five designs at $13 each.
03:01
What marketplace did the creator use to sell the wall art?
easy
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What marketplace did the creator use to sell the wall art?
Etsy.
03:58
What was the retail price set for the wall art?
easy
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What was the retail price set for the wall art?
$49.99.
08:12
How many sales were generated and what was the total revenue?
medium
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How many sales were generated and what was the total revenue?
11 sales totaling $549.89.
09:21
What were the total expenses and net profit?
hard
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What were the total expenses and net profit?
Expenses: $65 (designs) + $35.74 (Etsy fees) + $371.69 (product/shipping) = $472.43. Net profit: $77.46.
09:33
How long did it take for sample products to arrive?
easy
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How long did it take for sample products to arrive?
Three days.
08:53
💡 Key Takeaways
Zero-Cost Challenge
Demonstrates that a business can be started with no upfront capital, a key insight for aspiring entrepreneurs.
Product Selection Strategy
Choosing a niche with high perceived value (wall art) allows for higher profit margins.
02:04Realistic Profit Breakdown
Transparently reveals that $549.89 revenue resulted in only $77.46 profit after all costs, setting realistic expectations.
09:21Quality and Shipping Speed
Fast shipping (3 days) and good product quality are critical for customer trust and repeat business.
08:53Full Transcript
[00:00] of dollars in passive income every month selling products that don't even exist until someone places an order. - The realistic earnings I've been able to make
[00:12] - Well over a million dollars. - 63,000. multiple six figures in profit. - But is this actually a realistic side hustle
[00:25] Well, as an experienced millionaire businessman, and selling my own print on demand product. I'm setting myself the usual rules.
[00:39] Rule two, I can't spend more than $0 and rule three, I must launch the business within 24 hours. The first thing on my plan is to find a supplier with easy
[00:55] For anyone who doesn't know how print on demand works, You make a design and partner with a company, This means if we execute everything correctly,
[01:09] So I'm just gonna make a free account with Gelato around the world, and from what I can see, Right, so now we need to decide what kind
[01:24] for print on demand, such as t-shirts, mugs, and bags. to find out what's actually selling well.
[01:36] as lots of people are using it because they have an integrated shop feature. of some Tiktoks giving you the option
[01:49] so much on TikTok shop. that consistently sells the same product. in creating multiple videos, it's safe to assume
[02:04] (dramatic music) Right, I think I've found the perfect product, wall art. there's a large market of aspiring entrepreneurs
[02:19] to keep themselves motivated and working hard. but it seems from my research that I can sell it for a high price as it's more of an impulse purchase.
[02:33] as I'll make more money per sale. I can scale this business. I could even branch out into premium artwork
[02:46] Imagine how much I could sell those for, First, we need to make some designs, right? As you know, I'm under a time limit here,
[03:01] to make my own designs and do everything else on my list. then I could probably use an AI tool like Midjourney so it would take me a little while to get the hang of it,
[03:16] That doesn't mean I'm about to die, by the way. I've ordered five different wall art designs from three I sent them all this brief.
[03:29] that could be framed and used as wall art. I think something entrepreneurial I intend on using the poster size 30 by 40 centimeters.
[03:45] That's 12 inches by 16 inches for all our American viewers. This is gonna be pretty interesting and I'm kind of leaving my fate in their hands.
[03:58] let's use this opportunity to make an online store. as it's relatively simple and has a low barrier to entry.
[04:10] established customer base for you to tap into. as your product is nothing but a commodity, Although my designs are unique, there are still a lot
[04:26] If you wanna build a business that stands to test the time, and creating your own store. and I've been sent some designs to review.
[04:40] Actually, I quite like this one. I'll tell you what, if I had a penny and not hard work, then I'd be rich.
[04:56] This next guy seems to have made five different designs. Honestly, these designs do look pretty basic, The only one I really like is the last one,
[05:10] I could have done in two minutes. This is actually my favorite design so far. but I can see is at least try to play
[05:25] Maybe this'll appeal to the girls as it's got that sort I think they like that sort of thing. Since this is a print on demand product, I don't have to pay
[05:39] So this is great if you're starting out with $0. and select product catalog. but I'm of course going to select wall art.
[05:55] So this pulls up a selection of different types of posters. Now I'm gonna pick wooden framed posters. I'm then gonna go with the premium matte paper option,
[06:07] And to be honest, I don't think people are really be able and the museum quality one, but my profits certainly will. So I'm gonna select 30 by 40 centimeters
[06:21] as I think this is the best size poster for most houses, Then I'm gonna pick vertical of gender neutral and ready to hang because not assembled.
[06:38] including the ones I didn't like. and who knows, I might even sell some. Now I've got all the designs uploaded.
[06:51] I'm gonna go over to the menu and select stores. with your Etsy store. there are lots of different options, right?
[07:04] right onto my Etsy listing. So I'm gonna use the built-in mockup This tool will help me bring the posters to life.
[07:18] First, we just have to set the dimensions for our file size. so I'm gonna just select that. to create mockups for things like Instagram stories.
[07:32] Oh, now that one looks good. You can zoom in and move around the scene So I'm gonna adjust it to make the scene a little bit bigger
[07:46] Next, let's select our poster size. As I said before, most poster designs are this size.
[07:58] Now, the last step, before we can sell our wall art, I've just taken a quick look at the Price Navigator tool, what the product costs, how much shipping will set us back,
[08:12] Looking at all of this, I think a good price would be 49.99. which will definitely impact sales,
[08:25] because I always think a nice profit margin Right, so I'm over in Miami on business, and I'll tell you what, I've got some results,
[08:40] I actually ordered a couple of our products and I think they're pretty good, and the quality as well is absolutely fantastic.
[08:53] It took three days to get these to us, and that should give us an advantage. because reputation is everything
[09:08] speaking negatively about your product. because things were going nicely. did we make any sales?
[09:21] Some of the posters generated a few sales Overall, we generated 11 saless, which led to 549.89.
[09:33] First, we had to pay for designs on Fiverr, Then Etsy take a small cut of 6.5% on each sale, which came to 35.74, and let's not forget the product
[09:48] and shipping costs, which came to 371.69. I reached out to them and asked them if they could They agreed, so with the link in the description,
[10:03] With all those expenses deducted, it leaves us Considering that I accomplished all the setup I'll consider this a success.
[10:18] over the next few weeks with minimal additional expenses. where I allow myself more time to revamp the business
[10:30] If you wanna know how to sell blank books on Amazon, Make sure to subscribe if you want to grow your wealth. Okay, I'll see you over there.