Solid 3. The absolute arrogance of walking into a market as a complete amateur with low margins, admitting that he will "learn about marketing" while the product gets set up in the store is honestly laughable.
There are hundreds of thousands of people thinking about what the next niche to attack in online sales is. The work is on that end, not this silly, already done, repeatable, novel process of drop shipping.
Some people learn by preparing and some people learn by doing. It might be expensive but I bet this person will learn a ton for the next iteration. This guy is a hacker in my mind and I appreciate his approach.
Even if they come out below even then they have learned and can do better next time. It's better to try and fail then sit on the couch and wistfully dream.
There are hundreds of thousands of people thinking about what the next niche to attack in online sales is. The work is on that end, not this silly, already done, repeatable, novel process of drop shipping.