For many Malaysians, entrepreneurship has never seemed more accessible than it does today.
Platforms such as Shopee and TikTok Shop have transformed the way businesses are started, allowing almost anyone with a smartphone, an internet connection and a product to become an online seller within minutes.
Scroll through social media and the message is difficult to ignore. Livestreams boasting five-figure sales, creators celebrating products that sold out within hours and success stories of side hustles becoming full-time businesses have painted a picture of e-commerce as a fast track to financial independence.
In a digital landscape driven by algorithms, virality often appears to be the ultimate measure of success.
Yet, virality and profitability are not the same thing.
Behind every polished livestream and neatly packed parcel is a reality that rarely makes it into the highlight reel.
While e-commerce platforms have undoubtedly lowered the barriers to entry, they have also created a marketplace where competition is relentless, operating costs continue to evolve and sustaining a business has become far more challenging than simply starting one.
The conversation surrounding online entrepreneurship often focuses on how easy it is to open an online store. Far less attention is given to what happens after that.
One of the biggest misconceptions is that low start-up costs automatically lead to higher profits.
It is true that online businesses do not require shop rentals, expensive renovations or the overheads traditionally associated with physical retail.
However, those costs have not disappeared. They have merely shifted.
Instead of paying for storefronts, sellers increasingly find themselves paying for digital visibility. Sponsored advertisements, paid search placements and promotional campaigns have become essential rather than optional.
Simply listing a product is rarely enough to generate consistent sales when hundreds or even thousands of similar listings compete for the same customers.
A quick search for phone accessories, beauty products or household essentials illustrates the scale of this competition.
Many listings differ by only a few ringgit, making price one of the easiest ways to attract buyers. Unfortunately, it is also one of the fastest ways to erode profit margins.
This creates a difficult balancing act, particularly for smaller businesses.
Lowering prices may encourage purchases, but it leaves little room to absorb increasing operating costs.
Raising prices, on the other hand, risks losing customers to larger sellers that benefit from stronger supplier relationships, greater purchasing power and economies of scale.
Competition today extends far beyond pricing alone.
On platforms such as TikTok Shop, sellers are no longer expected to simply sell products.
They are expected to create content that entertains, educates and captures attention within seconds.
Business owners who once focused primarily on sourcing products and serving customers now find themselves writing scripts, filming videos, editing content, hosting livestreams and responding to comments, all while managing inventory, fulfillment and after-sales service.
In many ways, today's entrepreneur has become a marketer, presenter, customer service representative and content creator all at once. Selling the product has become only one part of the job.
The same reality applies to one of online shopping's most popular features: free shipping.
For consumers, free shipping has become an expectation. For sellers, it is a business cost that someone ultimately has to absorb.
Larger businesses often have the financial flexibility to participate in platform-funded shipping campaigns or negotiate better logistics rates because of higher sales volumes. Smaller sellers rarely enjoy the same advantage.
Every shipping subsidy offered, every promotional voucher accepted and every discounted order fulfilled gradually chips away at already narrow profit margins.
Some sellers respond by increasing product prices, only to appear less competitive than businesses able to maintain lower prices. Others choose not to offer free shipping at all, knowing full well that many customers now consider it a deciding factor before making a purchase.
The irony is that consumer expectations are increasingly shaped by the largest sellers, those most capable of absorbing these costs, rather than by what is financially sustainable for smaller businesses trying to establish themselves.
Mega sales such as 9.9, 11.11 and 12.12 present a similar challenge.
These campaigns undoubtedly generate enormous traffic and encourage spending, but they have also conditioned consumers to expect discounts, vouchers and flash sales before making a purchase.
Visibility on these platforms often comes at the cost of reduced prices, forcing sellers to decide whether increased exposure is worth sacrificing even more of their margins.
For established businesses with stronger cash flow, participating in these campaigns may be a worthwhile long-term investment.
For newer entrepreneurs, however, repeated discounting can quickly become unsustainable. Increased sales do not necessarily translate into increased profits if every order generates only a minimal return.
Platform fees further complicate the picture.
Commission charges, payment processing fees and various service costs may appear manageable when viewed individually.
Yet combined with advertising expenses, promotional discounts, shipping subsidies and inventory costs, they significantly reduce what sellers actually earn.
This is perhaps why revenue figures shared online should always be viewed with perspective.
A business announcing RM100,000 in monthly sales may appear extraordinarily successful, but revenue alone reveals very little about profitability.
Once product costs, logistics, commissions, advertising, taxes and operational expenses are deducted, the final earnings may look very different from the headline figure that attracts attention online.
Unfortunately, social media rarely tells that story.
Algorithms reward impressive revenue milestones, viral products and sold-out livestreams because success captures attention.
Unsold inventory, advertising losses, customer returns and months of slow sales are far less likely to appear on anyone's feed.
As a result, entrepreneurship is often presented through carefully curated moments rather than the realities of running a business day after day.
This creates a perception that selling online is easier than it actually is.
None of this diminishes the significance of platforms such as Shopee and TikTok Shop.
If anything, they have democratised entrepreneurship in ways that were unimaginable just a decade ago.
Malaysians today can launch businesses with relatively modest capital, reach customers nationwide and build successful brands without ever opening a physical storefront. Many local entrepreneurs have done exactly that.
However, accessibility should not be mistaken for simplicity.
Opening an online store has become remarkably easy. Building one that survives is something else entirely.
Success in today's e-commerce landscape requires far more than uploading products and waiting for orders to arrive.
It demands financial discipline, strategic marketing, adaptability and a willingness to constantly evolve alongside changing consumer behaviour and platform algorithms.
Perhaps that is the biggest misconception surrounding online entrepreneurship. Social media has convinced many people that success comes from going viral, when in reality, virality is often only the beginning of the work. Long-term businesses are rarely built on a single successful livestream or a trending product.
They are built through consistency, careful decision-making and the ability to survive long after the algorithm has shifted its attention elsewhere.