Retired veteran here. I just quit my $150k job with a large defense contractor in September to become a full time reseller. I wanted to do something simpler and reduce the churn and stress in my life. It was the best decision I have ever made next to enlisting in the Navy at 18.
Fellow reseller channel here. I always feel validated when friends or family tell me they have been saving boxes or packing supplies for me. I enjoyed your video. Great tips. Subscribing
I have been selling online since eBay started. Getting inventory is the hardest part then and now. I have tried everything. I work a ft hob as a nurse and believe me, I want to retire. But I love the process of selling online. After taxes, it's not great money. But for a hobby, it's something I won't give up.
@@LloydM2 yeah with gov contracts you never know when your going to be told the contract wasn't renewed and your out of a job. I was actually a DA Civilian not a contractor but I did work as a contractor one year.
hard part is you need to make sure you do something like if you had a regular job to go to but now you have no boss or anyone to push you, just need to do it yourself. it is easy to take a day off when you are on your own but it can be taking too many days off that can hurt you. you should pretend it is like going to a job and do it x amount of hours a day.
If you set yourself up as an S corporation, you can pay yourself and still contribute to social security and 401k plans. Like you said, consult with a CPA from your state who knows the laws.
That's great. I could be wrong but I think Millennial and Gen Z are more aware of the importance of investing than Gen X like myself. I started in my late 30s and wish I would have started in my 20s.
Excuse my short term memory loss, the DCG of USACE is a 2 star not 3 star. The CG is a 3 Star.
Retired veteran here. I just quit my $150k job with a large defense contractor in September to become a full time reseller. I wanted to do something simpler and reduce the churn and stress in my life. It was the best decision I have ever made next to enlisting in the Navy at 18.
@@alzibiades serving in the military is tough but also rewarding. Thanks for your service.
Fellow reseller channel here. I always feel validated when friends or family tell me they have been saving boxes or packing supplies for me. I enjoyed your video. Great tips. Subscribing
@@thethrifttank Thats great that your family and friends support you and your business. Thank you!
I have been selling online since eBay started. Getting inventory is the hardest part then and now. I have tried everything. I work a ft hob as a nurse and believe me, I want to retire. But I love the process of selling online. After taxes, it's not great money. But for a hobby, it's something I won't give up.
Thank you for your service! I am semi retired and sell part time. Great video
@@margieivy-foray8392 Thank you. I also consider myself semi retired.
You served our country well, there’s no reason to be embarrassed
Thank you for your service sir. Congratulations on your decision to become a full-time reseller. 👍
Thank you. Have a great weekend!
Brother, we're the same age and for me I just can't convince myself any longer that any job is worth my time.
@@hilo4noff1 I completely understand. Do you resell or are you fully retired? I still think its important to stay active with something.
@Rocketman-Reseller still working part time but going all in on reselling. Your video is right on.
Awesome video
You are 💯 % right!!
It's far less stressful reselling than working government contracts. 🍻
@@LloydM2 yeah with gov contracts you never know when your going to be told the contract wasn't renewed and your out of a job. I was actually a DA Civilian not a contractor but I did work as a contractor one year.
good video
Thank you.
hard part is you need to make sure you do something like if you had a regular job to go to but now you have no boss or anyone to push you, just need to do it yourself. it is easy to take a day off when you are on your own but it can be taking too many days off that can hurt you. you should pretend it is like going to a job and do it x amount of hours a day.
Staying motivated can be a challenge especially after you take a few days off.
Hello from northern va!
@@Vintagevelvetcat hello from sunny Florida. Your in a great area for reselling.
If you set yourself up as an S corporation, you can pay yourself and still contribute to social security and 401k plans. Like you said, consult with a CPA from your state who knows the laws.
Do you hit the thrift stores when they open?
@@ChiefVictor We do but have recently discovered that going later in the day when they are restocking the floor is also viable.
❤❤❤❤
I have a tax-free 401K trading account working on building that up for the next 20 years
That's great. I could be wrong but I think Millennial and Gen Z are more aware of the importance of investing than Gen X like myself. I started in my late 30s and wish I would have started in my 20s.
Subbed.
Thank you!
You served our country well, there’s no reason to be embarrassed