Submitted by homeboi808 t3_11eboab in personalfinance
homeboi808 OP t1_jadodtl wrote
Reply to comment by ChemtrailDreams in I teach a Math Personal Finance class, help me think of additional lessons/activities. by homeboi808
> why dropshipping/financial gurus are a scam
I don't know if he was joking, but one of my students said they'll make a living drop-shipping and do organic marketing thru TikTok to get his links out.
ChemtrailDreams t1_jadrzj4 wrote
That's very interesting, because my students say the same thing. (I'm a design teacher, not a math teacher, but it still gets discussed) These online gurus are convincing thousands of teens that they're going to do this and teens are getting fed into a sales funnel of courses and books that will leave them broke. Your student doesn't understand margins, market saturation, first mover advantage, or any of the reasons why there is no more money left to be made in dropshipping.
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