➢ You are paying too much in fees
There are some days when you feel like Amazon or eBay are eating you alive with certain fees. Without your own revenue stream, you can’t expect to run your online store for too long. If you think you are paying too many fees, you need to find a way to start your own platform and cut down the costs. eBay, Amazon, Etsy, Shopify, and other platforms make their money off transaction fees which are usually around 15%, per each transaction.
➢ You are not diversified
In order to protect your online business and your empire, you will need more than one revenue stream. The best way to make money and have a resilient income is to own the business and not hope that you will fit in the platform. For a lot of people, the perfect moment to diversify is when their profit reaches $10.000 or more per month.