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psychology/ mindset, trade secrets / 24.05.2019

Creation Creation is hard. Even God took the 7th day off. But as internet entrepreneurs we need to constantly be creating something. Whether it's making jewelry to sell on Etsy, writing erotica to publish on Kindle, or uploading t shirt designs to Merch. Growing up I never saw myself as a creative person. That's because my one idea of creativity involved drawing and painting, and I'm still a horrible artist. But humans are meant to be creative. After all, we've been making art for tens of thousands of years: [caption id="attachment_media-169" align="alignnone" width="326"] This...

How to, tools for ebay, trade secrets / 20.05.2019

What is COGs? Cost of Goods Sold is exactly what it sounds like. It's the cost of your inventory that has sold.  You need to know this so you can figure out your net profit, and for tax reasons. When I first started reselling I would manually keep track of what I bought each item for, how long it took to sell, how much it sold for and how much it cost to ship. I liked to know my exact profit and total expenses for each item sold- that's why I would...

How to, trade secrets / 16.05.2019

Reselling is an Art I wouldn't recommend selling on eBay full-time. For the last 18 months, my peace of mind has been dependent on my sales. Recently my sales have been really slow. My gross profit for the past month dipped below $1,000 yesterday. But, just now I checked my account and I saw I sold a suit jacket for more than $100, and a nice Vineyard Vines polo for $24. Although selling on eBay full-time is stressful, I think this site is one of the best side hustles there is. It's...

tools for ebay, trade secrets / 10.05.2019

Shipping Q's Shipping can be confusing to a lot of new ebay sellers. People usually have a lot of questions like- How should I package my items? Which option to use? Where can I get boxes? Do I need to buy insurance for the packages? How do I buy labels? Though the shipping process can be overwhelming at first, eBay does a good job at simplifying it. You can buy and print the labels directly from ebay, and you will also get a small discount from the USPS (United...

How to, psychology/ mindset, trade secrets, what to sell / 06.05.2019

They took our jobs! I work part time at a small health food store in my hometown. There's a Whole Foods going in about 2 miles away from our store in the next year. The store's lease for the building is up at the end of this year. The owner of the health food store wasn't sure if he wanted to renew our 5 year lease, so the Whole Foods was just the final nail in the coffin. It's hard to argue that small mom and pop shops can keep up...