From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL’s in these archive episodes are still relevant.

Age 23, Kevin Zhang is the CEO of Kreator eCommerce. Kevin achieved acclaim in the world of eCommerce and digital strategy for generating $20M in his first year as an entrepreneur.

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Resources

Kevin’s Instagram – Reach out and connect with Kevin! – (Sorry! This link was active when this episode was first published in 2019 but is no longer an active offer.)

Kevin’s Masterclass – Check out Kevin’s free masterclass: How I Generate $20 Million Working 1 Hour a Day. – (Sorry! This link was active when this episode was first published in 2019 but is no longer an active offer.)

3 Value Bombs

1) Drop shipping is a business model you can leverage; bootstrap, test your concept, and scale before investment.

2) eCommerce is more accessible nowadays than ever.

3) You can build a business that not only pays the bills, but a business that can give you the lifestyle you’ve always wanted

Sponsors

Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!

HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!

Show Notes

**Click the time stamp to jump directly to that point in the episode.

Today’s Audio MASTERCLASS:  The Mindset and Processes Behind $20Million dollars in Online Sales in Year One with Kevin Zhang

[01:18]– Kevin shares something interesting about himself that most people do not know.

• He got arrested in high school and almost went to prison for throwing a massive party.

[3:25] – Kevin shares his pretty crazy “start-to-entrepreneurship” story.

• He saw his parents struggle a lot to make it to the United States.
• Poverty, desire, and working for something that you want is engraved in his cognitive biology.
• His parents showed him the value of hard work.
• He worked hard in college to land a corporate job, then left his job, and with $3,000 in his bank account he started his won business.

[7:56] – What separates you from other eCommerce entrepreneurs?

1. The general approach to entrepreneurship.
   • Bootstrap your way to a legitimate business.
2. Addiction to automation and freeing up your own time.
   • Growing is a priority.
3. Effective prioritization and an understanding of how to leverage infrastructure.
   • To parallel processes multiple times at once.

[13:12] – How do you operate your business model differently?

• Drop shipping is an entryway to brand building, not as a definitive way of practicing entrepreneurship.
• Kevin uses his brand and drop shipping, and his businesses do not depend on just a single product.

[15:55] – A timeout to thank our sponsors!

• Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
• HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!

[18:16] – What are the biggest threats and opportunities in the world of eCommerce?

• Threat: Customer satisfaction is a threat; bad merchants will be eliminated.
• Opportunities: By the year 2021, eCommerce will be at 50%.
• The higher the barrier, the lesser the competition.

[23:33] – If someone wanted to get into eCommerce today, what would you recommend?

• eCommerce is more accessible nowadays than ever.
• Drop shipping is a business model that you can leverage to bootstrap, test a concept, and scale before investment.
• The earlier you jump in, the earlier you will get the chance to succeed if you do it the right way.

[25:34] – Kevin’s call to action for Fire Nation.

• Kevin’s Instagram – Reach out and connect with Kevin! – (Sorry! This link was active when this episode was first published in 2019 but is no longer an active offer.)
• Kevin’s Masterclass – Check out Kevin’s free masterclass: How I Generate $20 Million Working 1 Hour a Day – (Sorry! This link was active when this episode was first published in 2019 but is no longer an active offer.)

[27:04] – Kevin gives his parting piece of guidance.

• Make use of the technology, global market, and eCommerce revolution.
• You can not only build a business that pays the bills, but that can give you the lifestyle that you have always wanted

[27:43] – Thank you to our Sponsors!

• Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
• HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

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