SHS018: How To Make $$$ With An E Commerce Platform With Steven Pemberton!
Intro
E-commerce has been one of the most talked-about ways to make money online over the past decade.
From Amazon dropshipping to building your own brand, many people have seen the potential—but few understand what it actually takes to build a sustainable and profitable e-commerce business.
In this episode of The Side Hustler’s Society, Elijah Bilel sits down with an experienced e-commerce entrepreneur to break down the real game behind the industry.
This conversation goes beyond the hype and dives into the realities—the wins, the risks, and the strategies that actually work today.
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Intro to Steven Pemberton
- E-commerce entrepreneur who has generated over $3 million in online sales
- Built a seven-figure business after starting from scratch
- Experienced in multiple e-commerce models including dropshipping and brand building
- Helps coaches and business owners reach their ideal audience using “challenge-based” systems
- Focuses on scalable and sustainable business strategies
👉 Website: https://www.hollowco.com/
👉 Instagram: https://www.instagram.com/stevenkpemberton/
Episode Overview
This episode breaks down:
- What e-commerce actually is
- The different ways to get started
- The risks of relying on platforms like Amazon
- How to build a more stable and scalable business
Steven shares real experiences—from generating millions in revenue to dealing with account shutdowns—and what those lessons taught him about building a long-term business.
Listen to the Episode
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Quick Takeaways
- Elijah Bilel explores the realities of e-commerce
- E-commerce simply means selling products electronically
- Dropshipping has a low barrier to entry—but high risk
- Amazon can generate massive revenue—but lacks control
- Steven emphasizes diversification across platforms
- Building your own brand gives long-term stability
- Platform dependency is one of the biggest risks in e-commerce
- Cash flow and reinvestment strategies matter
- Real assets (like real estate) provide stability outside e-commerce
- Starting small and testing is key before scaling
What Is E-Commerce?
Steven breaks it down simply:
👉 E-commerce = selling products electronically
This can include:
- Physical products
- Digital products
- Services sold online
From selling a single item to building a full brand, it all falls under e-commerce.
Different E-Commerce Models
1. Dropshipping
- Low startup cost
- No inventory required
- Easy to start
But:
- High competition
- Platform restrictions (especially on Amazon)
- Risk of account shutdowns
2. Amazon Selling
Pros:
- Massive built-in customer base
- Fast sales potential
Cons:
- High fees
- Limited control
- Risk of account suspension
Steven shares that accounts can be:
- Shut down unexpectedly
- Funds held indefinitely
- Businesses disrupted overnight
3. Owning Your Own Brand (Shopify)
Pros:
- Full control
- Long-term asset
- Ability to scale
Cons:
- Requires marketing
- Takes longer to build
The Biggest Risk in E-Commerce
Platform Dependency
One of the most important lessons from this episode:
👉 If your business depends on one platform, you’re vulnerable
Steven shares real examples of:
- Accounts getting shut down
- Revenue dropping overnight
- Inventory being locked up
The Power of Diversification
To reduce risk, Steven recommends:
- Selling on multiple platforms
- Building your own website
- Using marketplaces as traffic sources—not your foundation
The Ideal Setup
- Shopify (your base)
- Amazon (traffic + sales)
- Facebook Marketplace / social platforms (additional reach)
This creates:
👉 Stability + scalability
From Volatility to Stability
Steven explains that after experiencing setbacks:
- They diversified platforms
- Built their own ecosystem
- Reduced reliance on any single source
Result:
👉 More control over revenue
Real Business vs Hype
A major theme in this episode:
👉 Not everything that’s trending is sustainable
Elijah Bilel points out that:
- Fast-growing trends can be red flags
- Many people jump in due to hype
- Long-term success requires strategy
Investing vs Speculating
The conversation also touches on money strategy:
- E-commerce profits should be reinvested wisely
- Real assets (like real estate) provide stability
- Not all opportunities are “investments”—some are speculation
Key Lessons from the Episode
1. Start Small & Test
Don’t go all-in immediately.
- Learn the basics
- Test different models
- Validate what works
2. Avoid Platform Dependence
Build something you control.
3. Focus on Long-Term Strategy
Short-term wins don’t equal long-term success.
4. Build an Ecosystem
Use platforms as tools—not your foundation.
Who This Episode Is For
- Beginners interested in e-commerce
- Side hustlers exploring online income
- Entrepreneurs looking to scale a product-based business
- Anyone considering dropshipping or Amazon selling
Key Topics Covered
- E-commerce fundamentals
- Insights from Steven Pemberton
- Business strategies from Elijah Bilel
- Platform risks and diversification
- Scaling online businesses
Watch The Podcast On Youtube!