Fully automated drop-shipping model generating passive income?
is operating a fully automated drop-shipping business a myth ?
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My girlfriend runs an online clothing store and through it she generates active income - the amount of money she makes is pretty tied to how much time and money she invests in her online company. She also handles all the ordering, buying, returns, packaging, etc. No drop shipping, she incorporates shipping costs in to her products, etc.
I have a couple grand I'd like to invest in setting up my own online store, but I don't want to actually have to handle product and want to automate the production, shipping, returns and transactions as much as possible. Ideally, I'd only have to get online to interact with customers for returns, complaints, etc.
Does anyone here have a successful example of developing a mostly automated online business that generates decent passive income? I'm not looking to live off my online business, maybe just add an extra $20K a year to my personal income that I can use for personal investing.