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The 48 laws of E-commerce from a multi 7 figure seller that has been selling online for 5+ years. I have done many things in e-commerce and this video is a summary of the knowledge from building 50+ successful Shopify Dropshipping stores, 10+ Shopify Brands and 300+ Etsy Dropshipping stores.

This video is full of value about e-commerce and dropshipping. Make sure you pay attention.

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TIMESTAMPS
00:00 Intro
00:58 Control Your Emotions - LAW 1
02:30 Go Higher AOV. Don’t Go Low AOV - LAW 2
03:43 Revenue Is a Vanity Metric - LAW 3
05:00 Profit Over Revenue - LAW 4
06:07 If You Hire Friends, Hire The Right Friends - LAW 5
07:21 Religiously Track Expenses & Profits - LAW 6
08:58 Only Get a Partner If You Need a Partner - LAW 7
11:09 Marketplaces VS Websites - LAW 8
13:30 Don’t Scale If Operations Aren’t There - LAW 9
15:15 Testing Is Constant. - LAW 10
16:24 Everything Is Easy - LAW 11
17:33 Don’t Be Scared To Outsource - LAW 12
18:18 Bulk Stock, Dos & Don’ts - LAW 13
20:20 Getting a Warehouse - LAW 14
21:46 Managing Staff, You Are In Charge - LAW 15
23:11 Hiring Agencies - LAW 16
23:40 Logo Doesn’t Matter - LAW17
24:47 Offer Is Incredibly Important - LAW 18
26:24 Creatives Are Incredibly Important - LAW 19
27:47 Managing Stress, Nothing Matters - LAW 20
31:18 Take Profits, Always Take Profits - LAW 21
32:34 Reinvesting, How Much? - LAW 22
34:22 Don’t Worry About Business Registration - LAW 23
35:44 Pure Consistency - LAW24
37:03 Pay Your Taxes, It’s Not Worth Prison - LAW 25
38:08 Don’t Scam Or Do No Ship Dropshipping - LAW 26
39:28 Reinvest Into Knowledge - LAW 27
40:28 Dropshipping Can NEVER Die - LAW 28
41:30 Evergreen Or Trends - LAW 29
43:13 Everything Works, Some Better Than Others - LAW 30
44:44 Returning Customers Are King - LAW 31
46:16 Email Marketing - LAW 32
48:30 SMS Marketing - LAW 33
50:41 Retargeting Is Key - LAW 34
52:00 Don’t Always Build a Brand - LAW 35
54:12 Dropshipping Model explained - LAW 36
56:03 Staff Members Are The Way To Scale - LAW 37
57:13 Ego Is Powerful - LAW 38
58:55 Respect People That Put You On - LAW 39
01:01:13 Contracts Are Your Friend- LAW 40
01:02:50 Don't Worry About Taxes Until You Are Making Money - LAW 41
01:04:00 Know When To Shut The Fuck Up - LAW 42
01:04:57 Conversion Rate Optimisation - LAW 43
01:06:18 Negotiate With Supplier & Constantly Check Them - LAW 44
01:07:33 Use Amex - LAW 45
01:09:09 Cash Flow Predictions Are Important - LAW 46
01:12:19 Take Responsibility For Everything (it is all ur fault) - LAW 47
01:13:29 Speed With Daily Tasks & Patience With The Overall Goal - LAW 48
01:14:38 Outro