Hi, my name is Matt Edmundson and today I am answering the question ‘how long should it take to make an online business profitable?’
This is a really important question especially if you are just starting out in eCommerce.
For an eCommerce business, my preference is 3-6 months. You should be making money quickly, but I do understand that you may first need to buy stock and also factor in time taken and resources given to work on the business. If after 6 months the business hasn’t made a profit then I’d be starting to ask questions like is this business worth carrying on?
You can check out my new eCommerce Mastery 2019 course which is designed to help you build, grow and launch a profitable eCommerce business in 60 days: https://mattedmundson.com/ecommerce-mastery-2019-pre-launch. This is a great course for you if you are just starting an eCommerce business or if you already have an eCommerce business.
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