An E-commerce "pro"
A published author
A website builder
An E-book creator
A content king, lol.
That is not to disrespect those vocations. It is said for those who may feel they would rather read the words of the expert instead of the words of a regular guy who's trying to march forward with no more than they have. Here we go:
I started with the intention of creating a monetized blog. I have always loved to write and I thought, "what could be better than blogging everyday and making money". I bought a domain, paid for hosting, and began. I also bought-as noobs do-a course on how to accomplish my goal. Of course I did everything the course said not to do first. Bought business cards and magnets, paid for a logo on fiverr etc. After about a month I realized I loved writing but not in this capacity. I recently finished a novel so that last statement is true. I like writing-I don't like blogging. What I like, or dare I say love, is e-commerce. I'm a retail guy. I like transactions. And I like online transactions that bring the profit to me instead of a boss. So, after some time I shifted gears. I opened an Ebay account and at the recommendation of the guy who set up my blog, I joined Warrior Forum. I read everything and maybe purchased a wso or two. Here's the important part-nothing you read will compare with doing. You have to list something, sell something and package something. You have to go through the probationary time of having Paypal hold your money for 21 days until you have 25 detailed positive feedbacks and over $300.00 worth of sales and 90 days as a seller. You have to jump in and pay your dues and there is no way to cut corners. Of course I continue to come here because some really successful people take time out of their day to provide some outstanding free advice and if you listen and take action-things can happen. I too was only allowed to list 100 items which was fine. I only had about ten at a time anyway, lol. Now I can list up to 380. That's not setting the world on fire, but it happened. I too had a max monthly cash allowance of 5k. Now it's 10k. I still haven't made the 5k but they lifted it. Just start. I started with a broken Samsung Galaxy S that I sold for $50 bucks and some old work aprons that sold for $15 bucks each. My friends think I'm nuts but aprons and broken phones are not my end game-they allowed me to learn. The power is in the learning.
Recently, I went to one of my favorite liquidation warehouses in Los Angeles looking for nail polish (don't do it category is saturated:-)) and while there I walked through the warehouse and saw a bin of car electronics for $99 dollars-new overstock just came in. I pulled out my phone and checked prices on Ebay and Amazon. There were three different types of car electronics in that bin and each one was selling for $10-$40 dollars each. I did a mental count in my head of how many were in the bin...about 300!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Even the account manager said, "people keep walking past these cause they don't know what they are, I was about to call one of my car audio guys and tell him to get down here." I bought em' on the spot...along with the nail polish, lol. This morning I sold 30 of them in a bulk lot for $200.00. Shipping cost $22.00 Ebay fee's about $21.00. I'm at $150.00 profit off those 30 and oh yeah this is the least expensive model. One of the models I sold before xmas for $10 each...I sold 100 on and offline. Remember the entire bin cost me $99 bucks. I never heard of the place I bought them from before I googled wholesale in los angeles. I got the address. I put gas in the car. I drove down there. I opened an account and I walked through once a week window shopping waiting to have enough money to buy something. (they have everything new overstock, shelf pulls and customer returns-i stay away from customer returns. i want sales not hassles. most bins start at $500 out of my range thus far). All in all about 2600 off that $99 dollar bin that I did not go down there to purchase. You cant get that posting questions all day. Get out in the world, find something you can purchase cheap that has value to others and sell it. I wish you all the best.