Anyone quitting their job to source used goods to resell on eBay etc. so they aren't tied down ,is in for a very big surprise. You will be more tied down then you have ever been. Whether it's responding to a message, shipping a package, listing, organizing, cleaning and prepping,sourcing, research, photographing, making drafts, sending offers , editing listings while relaxing in bed, you're always dabbling into some sort of reselling related task. Now that you are a business owner you're stuck doing everything. It's so much more work if it will be your only source of income , because your success is critical to support your family.
I really appreciate these videos, thank you. I am selling full time and it came from long years of experience with my mom, who was an eBay pro seller 35 years ago. She passed in 2023 and the day before she died, I shipped her last orders for her. She was 89 years old. Pretty amazing. She loved it. A lot has changed during those times, but I'm still determined to do well. Thanks for your videos, I love them.
What many folks don't realize, selling on Ebay either as a full-time seller, or a part-time seller, is WORK and TIME. The commercials that sing and dance their way into claiming it's so easy and so fast....they're lying. If I ever think to start singing and dancing......oh yeah, in 20+ years, that's never happened.
Yes it is work, sourcing is the fun part, but it is work. You just don't list an item and forget it. You have to maintain your items on selling platforms and market products or yourself.
Yes, it's a lot of work. I have a full-time job and thought I could do this for a few extra bucks. Well, it is so time-consuming that it became two full-time jobs. I literally had to stop myself because I was burning out fast. I had to force myself to do this "just" part-time.
@@debbiegonzales8035 I did it with a full time job for years. Sometimes up all night packing, then go to my regular job. It was a struggle. Eventually, I had to decide which one to keep. Ebay. Then husband became more ill. HE was full time job, and I still did Ebay. He's been gone almost 2 years. I do Ebay to get rid of SO much stuff we collected, he collected, and his parents collected....and to supplement my income. Bad knees and all.
I became a full time reseller about 2 years ago. I had lost my job of over 18 years almost 6years ago. But I'm lucky enough to have a husband, who by luck, ended up getting a significant raise that covered what I lost from my job. I tried doing a couple different things but fell into reselling because I found videos like yours on You Tube and though, "Hey I can do that!" LOL. He likes to help me on weekends going to estate sales to source. It's fun for us. Almost like a date. :) Thanks for all your videos!
My reselling journey started 2.5 years ago when I had a layoff scare. I figured I needed a backup plan. We've grown so much in reselling we need a new house to do it properly. The last 2.5 years of reselling made getting a new place possible, we close on our new place in 2 weeks. Currently I'm 2 to 4 years from retirement, im looking forward to retiring and having reselling supplement my income from retirement...plus it'll keep me active. My wife has said about our reselling journey "Why didn't we start this sooner?". We do the reselling bit together and enjoy this endeavor. Keep up the content Kevin, we enjoy each video.
Yet ANOTHER terrific & informational video! Full-time reseller here, runnin' and gunnin' for 40-60 hrs per week. Not including my monthly VA check, all my income comes from Amazon, eBay & FBMP and loving it! 😁👍
75 years young and I am a full time reseller but also retired with a pension and draw SS along with Medicare. My situation is different from a lot of resellers. I have always had some type of side hustle to go along with my full time job...it's just in my blood...lol. I plan on reselling until the Good Lord tells me I am done. Another great video
My husband and I are both both full-time resellers. I do have a small but growing TH-cam channel but at this point it’s only making me $100 to $200 a month. We pay for insurance ourselves, our only debt is our mortgage, and we are still putting money into retirement Every month. And yes, we work a lot!!! But we enjoy it
I also watch Lavender Close line - Karen is her name. She is the one I saw as my example for full time reseller. She started a year before me. That is a perfect example for full time. Some people can make a go of it. I receive a pension, but work full time hours. Great video.
I am a full time reseller on my own. I have no spouse to split the bills with; I have no employees. Truth is, reselling is not dead and you can still make great money doing it. The other truth is; you will need to work harder than most other resellers to make it in todays world (to pay all your bills). If you are old enough to already have equity built ($700 mortgage on a house) then it will be much easier to do reselling full time. The younger people (around 35 and younger) are going to have a much harder time becoming a full time reseller. The cost of everything is out of control and the truth is that you need to make a lot of money just to pay the bare minimum bills. The older people definitely don't want to hear this but its just facts. Todays average rent prices are more than what mortgages were just 10 years ago. $1,400/mo for renting a 1 bedroom is high and is the new normal. Food is also outrageously expensive. My point is this; the money thats required to pay the bare minimum bills have double or even tripled since even 10/15 years ago. A $90k salary in some states will barely cover monthly bills with no debt and just paying rent. A mortgage on a reasonably priced house (200-250k) is over $2k monthly ($0 down). $2,000 is a lot more than $700.....
YES this comment 1000%. We as a family of 4 became debt free 2 years ago and are currently looking to buy our "forever home" we're done moving and the only thing around here that currently has a $700 mortgagee is a doublewide. And I mean absolutely NO disrespect when I say this, but the days of mortgages under $1000 are almost unheard of - even in rural areas here in SC the land alone is a 150K for about 1 acre and that's without the house, garage, shed, or anything- not even excavated and home ready... JUST the land itself. So for us right now trying to buy is becoming increasingly difficult $450K+ is the new 250K. its SO sad but true- it makes us feel so defeated, but we are trying to stay positive and openminded to different properties and loan options. Kevin ,you are so lucky/ blessed to have bought when you did and to stay debt free- it's a real feat - you should be incredibly proud of yourself! 👏 I love seeing your beautiful property, animals and family- you are truly living the dream! Cheers and blessings to anyone reading this! ✨
I did it full time and it wasn't for me. I could absolutely have afforded to do that, but I didn't like the uncertainty of income amounts. I run a single-parent household so there is no backup if I had a down month and even with an emergency fund I didn't feel safe financially. I went back to full time work and part time (or hobby) selling. This is best for me at this time. Once my kids are out of the house it may change, but for now I prefer part time as extra income.
Thanks Kevin for your videos. Mom was a teacher in the 80s and 90s, was a director for 3 elementary school and was fired because an employee was stealing. She didnt make much but she worked hard and cared about the kids. She worked a 2nd at Sears. After the divorce, her job and losing her dad and brother, her cancer came back and took her away (Stress was too much on her) . I learned the value of hard work and honesty from her. I had shined away from sales because i had the "perception" that you have to BS to make a sale. But, when I started reselling as a hobby to teach kids about business and money, I started to have fun with it and now I'm a Part-Time reseller for 3 years now.
That's me! I am a full-time reseller. I originally started because I needed a new direction due to illnesses. I had been working a 9-5 corporate desk job for years and this was a refreshing new start; selling items that I would have loved to buy for myself. I suppose I consider myself a COLLECTOR, but ALL of my items are for sale. lol As always, thank you for sharing your stories and experiences.
Retired with pension had to have something to do started reselling in 2020 , love it finding the great buys and the search in the summer time garage sales . I do put alot of hours in with the sourcing and listing and shipping but can stop anytime i want to take a vacation . Not depending on the income for living expenses just extra pocket money for extras when needed
I’ve told you several times, I’m fortunate enough to find reselling to get out of debt and when the pandemic happened I was able to do this full time. Definitely wasn’t ready but I’m 3.5yrs in and feel like I’m getting better. I like the freedom. I have times I want to do things but I just don’t think I can afford it.
I have to say your YT videos have helped me tremendously. It’s been a good learning experience. Started selling on EBay May 2021 part time. Have thrifted all my life and love it.
you good sir earned a new sub!, I am looking into this as a hobby mainly for fun (Also for the wife to take on so she can be at home for the kiddos). I do have a lot of access to thrift stores where I am located and was just there the other day. Its amazing what you can find and the most important part is never stop learning! I found some van shoes that looked awesome and i was humming and hawing on weather or not to put them in my cart. To get a 30% discount i was just under what i needed at the checkout so i quickly ran over and threw the shoes on as a freebie. Glad i did! The vans were iron maiden 2006 (limited editions) in really good shape and have a resale value used of 170.00 cad. I think the most important part is understanding that all revenue is unrealized until you get the sales and this doesn't just happen over night you need to build up a following/integrity just like any new business. Happy Hunting! Thanks for sharing.
I quit my job but it was part time and instead of going back working for someone I am trying to resell and at least replace some of what I brought in. It can def work I’m hoping cause I love working from home and I’m an introvert so this is perfect for me it’s a lonely job which I love too. I’m a lone wolf so it works!! Love it. It also helps that my husband is supportive of it as well
I think you get out of anything exactly what you put into it. You have a knack for story telling - your stories are about your selling...and people like to listen to you, therefor you have followers. I still miss the introduction when you talked about the kids (family) being the most important thing to you. Reselling works for me because I can take time away when needed - but thats because I have kept my full time job for the benefits. With back to back weddings of 2 of our six kids this year, I ended my 500 listings and took a step back. I plan to relist many items after the second wedding and time allows it. I will continue to tune in to your channel as often as I can, because no matter what anyone says about your sales being based on your social media presence or not, I enjoy your stories. Thanks Kevin for being entertaining while teaching me things I am interested in - one reason why I resell...as a hobby...because it's fun...and if you like what you do you will never work a day in your life.
We would be full time resellers but we sell on eBay, Marketplace, have 3 antique booths, set up at flea market 7 months of the year and do a few craft shows in the fall.
I’m a single full time reseller that drives Lyft on the weekends. I’m rural and have a low cost of living. Excellent garage sales and small town thrift stores. I am blessed!
Im a full time reseller, with a stay at home wife, a baby, and a toddler. Living in Florida with high rent lol Ive only been selling for 4 years now, full time.
I'm retired from the military, so I have income from that, I also have a full time job and I do part time reselling. I consider reselling as a hobby since I enjoy the hunt and making money off it.
I work part time to full time hours, depending on my family's schedule. My husband is the main breadwinner, with his income paying the bills and providing healthcare, 401K, etc. As far as margins and sourcing, I think the key right now is diversifying your options. I source from a variety of places, and find that my margins are just as good as ever, if not better. If I'm sourcing at thrift stores, I utilize every tool to save, including discount days, loyalty programs, etc. The thrift stores around me are jam-packed with stuff, so its not hard to find good inventory. But I also source from online estate auctions, and have gotten so much from those companies, at very good margins. If you limit yourself to your neighborhood Goodwill...you might be suffering right now. But if you branch out and find other ways to source...your business is probably doing just fine.
I taught kindergarten in a private school and I waitressed and delivered pizzas after teaching all day just to make it. I then started selling on ebay in 2013 and that became my supplemental income. The school I taught at closed permanently in 2016 so it was easy to jump into selling full time. My husband quit his job in 2017 and we did the reselling thing together. We moved to a different part of the country and it was too hard to get started reselling in the area so he got a job. We had a baby in 2020, I still resell and he has the same job. We're able to make it comfortably with me staying home and reselling. I wish he was able to resell full time but he doesn't have the knack like me and it just wouldn't work.
Part-time seller here. I also sell real estate part time as well. I am 3 1/2 years away from retirement from my state job and I can’t hardly afford to give that up being so close to the end. It’s a struggle to get there every day and it’s an easy job, but I want to be at home doing my reselling job much much more!
I retired after 32 years of teaching with full retirement and then began reselling. My husband retired 2 years later and we work at our own pace. It has certainly been a blessing, as teacher retirement isn't exactly a gold mine!
My job before retirement paid over 100k a year but cost me 2 knee replacements and countless years of aches and pains. If I knew the potential of eBay I would have quit 15 years earlier. I wouldn’t do anything but eBay I just love the hunt and hustle. Dave should never give advice on reselling he doesn’t have that instinctual knowledge to be really good. Every item he picks up he’s on his phone looking it up except for those lousy stuffed animals.
Grew up doing this with my father...since the late 70s early 80s. I have learned TON and still continue to fo so. When ebay came around in the 90s, it was a blast. You can still do this, you have yo know what to buy. AND how to get it. I work FT as an RN, and pretty much FT on ebay and other platforms as well. It is easy when you live below your means, but many can't or won't do this...
I lost my job 6 months ago and have not been able to find a new one in the same level. the only options were to take a low pay job that would consume my entire day OR do something for me and my family. at my age, to start over again in a new place trying to prove I can do what I've been doing for over 22 years would be a waste of my life. SO, I decided to invest myself into a full-time reselling adventure.. now my wife and I are together everyday working our asses of going to yard, garage sales as well as thrift stores here in el paso tx. It is hard as hell.. but when you're forced to do something to survive, you MUST make it work, even if it takes you 14 to 16 hrs. a day the full week..
Hope to meet you one day. It would make my day. I am a part time reseller started May 2023. I have a full time employment. I am 100% support myself and 2 kids no spouse. I just got approved to sell on platform whatnot. Hopefully that will workout. Blessings 😊
I am part of one of those couples, actually celebrating our anniversary tomorrow, who are both retired and home 'all day.' My husband is an actual retired rocket scientist from Redstone Arsenal in Alabama and I retired from a marketing career to go full time as a wedding cake decorator. I sold on ebay and Poshmark on the side. When Covid shut down the wedding industry, I made the decision to sell all of my cake 'tools' and invest in inventory to sell and storage shelves. We were in a good financial position to be able to make these decisions. But it took planning to get there. It wasnt just a 'hey lets see how this goes' thing. I think I work harder now that I have at any other time in my life! And thats ok. My grandparents taught me that you dont get what you wish for, you get what you work for.
This is like asking: "are businesses not going to ever sell again?" It's silly. But people keep thinking this is a past time instead of treating it like a business. Adjust and overcome.
I became a reseller after having a number of health issues that kept me from my full time career. It gives me added I com to my social security, and is flexible gig. With my health improving I keep adding more to my store and hope to double my income this year. I always view it as having endless possibilities.
Hey Kevin! I recently lost my job. I have done eBay for 19 years and am a Dave Ramsey family. We don’t have debt either and my wife has a good job as well! Our bills were set that we could always pay the bills if one of us lost our job. I have a large amount of inventory to start but am going to do eBay full time, TH-cam for reselling and another channel with Bible teachings. I am super excited. I don’t know about the future but I want a substantial eBay business whether I go back to work or not.
I would LOVE to quit my job and do reselling full time. I was an auto mechanic and now do industrial maintenance and I am so tired of breaking down my body to make these other companies millions of dollars by keeping their junk equipment running (which produces the products that we all buy). I have loved reselling since I was a kid when mom and dad had garage sales two to three times a year. When I got older (high school age or so) I started buying stuff and reselling on Craigslist back in the day. Kevin, I have learned so much from watching you and your videos. I have tried to watch others but for some reason you are my favorite (sorry that sounds creepy)! I can only dream of doing reselling full time and maybe someday being able to meet some fellow resellers. So for now, I watch The Commonwealth Picker as I package up orders and I sit here and dream of one day, maybe just one day….i can do this full time. Thanks for the great content, the history you throw in, your family interaction, your heart felt emotions and the generosity that you bring to your channel.
I'm in Southern California - don't think you could do it full time out here and make a living due to cost of living and competition from so many others out here picking. My wife and I work full time and I do it part time for extra cash to help pay my sons ice hockey costs. I sold almost 20K last year on eBay (sold, not profit) and I probably average 20 hours per week sourcing, listing, packaging, shipping. But I love it as a fun hobby that makes me some extra money!
I agree that people need to study the profession before going full throttle reselling, I’ve spent years studying, learning, looking at local reselling possibilities, I’ve been selling certain items on fbmp and am making decisions on where to sell some big ticket items.I have another35 year old highly successful small business, collecting social security, and doing reselling on the side of all that. Eventually reselling will move up in importance. I’m taking the slower road only cuz I can, I know some do this in urgency thru loss of a job, etc….I have watched some resellers and the amt of time spent on social media varies. I’m sure it does help reselling. Take care.
I have been selling over 25 years. I worked at a "regular" job until about 6/7 years. I Became sick at had so much time out of work that I was fired! I had worked there over 20 years. I also took care of my elderly mother along with my neice. I started selling more as i am now disabled.
Part time reseller here. I am also the CFO of another family business. Those two amounts are about the same income. My husband retired from GM last year and now has his own coffee roasting company. So....we do a few part time jobs and that is what supports our family!
That shirt!! Wrestlemania 3!! I remember ordering the descrambling device from the cable company so we could watch it. Those were the early days of Pay Per View :)
I’m a full time reseller Also sell at a flea market once a month I’m 69 years old and are social security I couldn’t live on SS so reselling has been a blessing
Great topic of discussio.. I'm just more of a part time reseller . It does indeed take alot of commitment in my opinion , to get it to the next level .
My spouse got laid off due to pandemic but could not stay home needs that social interaction plus money for bills and not interested in work at home. I have sold things out of this house for gas or grocery because he buried us in debt but i sold on craigs list and did well. There is issues why we were deep in debt so i started selling things being i am unable to work so i guess i am a part time reseller and my house is my best picks after years of collecting with thoughts of increasing my buyer market as it is time for so many things to go bye bye. Thanks for your honesty. 😊😊😊😊
I grew up being a picker and have a ton of knowledge of items. I also know where to find the information on items I come across in my picking journey. What I have learned a ton about in the last year or so was about clothing, which was not my knowledge base well not of hot brands. I have purchase clothing most of my life at thrift stores but brand never mattered to me if it fit and I like it I would purchase it, which is not the way to sell clothing online.
I'm a full time educator and a full time reseller. I'm in my third year of doing it and just starting to think I'm doing it well. I'm making a nice profit and still having fun doing it.
I am a full time reseller and have been on ebay for 25 years We paid off our home and cars with our ebay income and supported ourselves. I have to say its a little harder these days and I am shifting gears a little bit just for a change. I don't do anything else but sell online and crosspost to several different sites. I still love it after all these years.
Our situation is somewhat unique. I am retired military, and began reselling as something that my wife and I to do together to make extra money. It is my primary employment now, but I wouldn’t classify it as “full time”, although there are definitely weeks that we log 40+ hours each on the business. For us, it was an easy decision, because we already have pension / benefits to cover the main expenses . We don’t really want to expand beyond eBay into TH-cam, Whatnot, etc. at this point, because of the extra time it entails. We enjoy the “thrill of the hunt” at yard sales and thrift shops, and don’t want to get too big where it consumes all of our time. Honestly, I don’t think I would enjoy reselling as much if I had to depend on it to pay the mortgage and put food on the table. Probably the same reason I didn’t become a professional poker player 😀
I am retired, I have a woodworking shop that I work in since I retired. Last year things got slow in the woodworking shop, I had been watching videos about selling on Ebay so I thought I would try it. At the moment I would say that the work is divided about 50/50 but the woodworking shop is going to be very busy soon and I will be struggling to keep up with both. Therefore, I consider myself to only be a part time reseller, it has been fun. Love watching your videos for the information and getting new BOLO ideals
I would love to resell fulltime myself, but I hope to at least do well enough to allow my wife stay home & help me. She has health/medical issues and not having a regular "9 to 5" would really help her quality of life!
Became a "full time reseller" when my pancreas kept me from a 9 to 5. Been doing it for 4 years and plan on many more. I live in the sticks so not much competition.
I didn’t stop working at a job until I was forced to by an injury. I had been dabbling in reselling. Then I qualified for first Disability and then Social Security, plus my husband had a very small pension for a few years at a union job. So we had an income before I started doing this relatively full time. My husband has passed away but I still have his pension and my Social Security. I have a set goal for yearly profits that will allow me to keep paying rent into the future when my life insurance proceeds end in a couple of years. I’m gradually getting there.
My daughter got me into reselling around 2019. I recently retired from my federal government job after 30 years. We have a good sourcing area with about 5 online auctions in the area. My wife still works and I have become the daycare provider for my granddaughter. I find that I have just a little time to list but I enjoy reselling too much to quit.
I am part-time because I am still homeschooling my children. I am blessed that my husband is the breadwinner and supports the extra I am bringing into our family.
I’d love to resale full-time. Ive did it part time since 1997 use to have a yahoo store. I work full time and have a consultant business also. Only I pay the bills in my home so I’m stuck at part time 😕
I would say I am full time reseller but retired. Drawing SS and a State pension. Worked 39 years in State Gov. eBay income is saved and used only for miscellaneous unexpected expenses like car and home repairs or maybe a vacation. Have to limit my income due to social security but that goes away next year.
All my money atm comes from reselling. But it's not enough money. But I do not spend 8 hrs a day on my business, either, so there is a lot more opportunity for me. It's getting tougher, for reasons you mentioned - higher sourcing costs, shipping costs, and increased competition.
I'm a full time reseller only because I put so many hours into reselling every day and have around 1050 items listed on ebay along with hundreds on many other platforms. With that being said, I still don't make nearly enough money for it to be my only job. Only about $35k a year, so I also do overnight stocking at Walmart and my wife works a full time and part time job as well.
Hi...im considering being part time, my husband does have a income that pays the bills just want extra income to be able to have some fun things to do. I watch and learn from your videos these people with the negative comments towards you are terrible they must just be jealous. Im in Canada so i just keep thinking its a little harder to resell here as our costs to ship etc. are much higher. God bless wishing you all the best.
reselling in a way is comparable to gambling. it takes money to make money and in many cases lose money. if you have plenty of funds to source the better chance you have to get a business to the next level. big money in a casino lets you survive through the bad hands at the table. you may win and you most likely will lose. point of the story is you have to have money to make money. someone who can dish out $400 to make $1400 lets say will be more successful than someone who just does not have the funds to source all week long with $300 or $400 dollars per day. This is why many resellers fail. they struggle to get to the next level.
I get what you're saying about "it takes money to make money" but there's a big difference between gambling and reselling, which is the difference between chance and skill. With gambling, you're relying on luck that the next card or roll of the dice is a good one. With reselling, you can use knowledge and skill to determine whether or not something is a good buy or not, unless you're buying mystery boxes or something like that.
uk seller here and i only have one place to go for reselling side and that's charity shops, as we don't have yard sales over here, do have some car boot, there not the best, so am limited on were i can get stuff from but am build up bit by bit and am getting to the points were am making almost the same as if i was working full time, a bit more time and i will have to sit down and think do i need my work income and can i live without it. probably but lets see how the year goes
@@commonwealthflipper I kind of did but have no friends that resell also and definitely don’t know any youtubers lol. I would have definitely stuck with it if it weren’t for that. Excuse, I know. Lol
If you can't make at least 1.5x your salary as an employee wage, do not bother being self employed. You should never quit any job until you can sustain yourself! If you make 100k a year as an employee, if you do not make 150k a year self employed you will not be making what you did as an employee. Most new businesses fail! Note: Being self employed IS BETTER, but I want to make it clear that it will NOT be easy and you need the right expectations.
I work full time, I resell very part time and my wife works part time. My wife is also going to school part time so she can get a masters in nursing to be a nurse practitioner. I tell her I’m going to retire from my engineering job and to full time reselling when she becomes an NP. We will see if that happens 😂
Yes. My last lost package deal resulted in me losing the case. eBay took my money. I had to file an insurance claim and lost it with the postal service. They didn’t want eBay receipts. They want a store receipt where I purchased item. So if you pay $5 and sell for $30 they don’t care.
I am on the fence about it Kevin. I may as well be a full time reseller because I am currently selling on eBay, amazon, Poshmark, Mercari and Etsy. Most sales are on eBay with amazon just under that. I feel like if I quit my 40 hour job I could focus more on my business and my youtube channel and get my numbers up. But I am a state employee and with that comes some pretty good benefits. Benefits that are kinda hard to give up. I just can't help but feel like my sanity and purpose could be seen better as a reseller. It would free up more time for family, church, community, etc. My wife has great income and she would totally support the move but it's just hard to take that leap of faith into the unknown of what could happen if I truly go full time.
Benefits is a key factor some people don't seem to think about, especially the younger generation that are jumping into reselling as their first "career" endeavor and/or don't have kids that need coverage. I wouldn't quit a full-time job with employer-paid benefits, 401(k) matching, etc to go into reselling. Those things, along with some prudent investments that I couldn't have made if not for the FT job, are why I could retire 'early' and resell as a hobby. If your job isn't horrible, then I'd keep it.
Anyone quitting their job to source used goods to resell on eBay etc. so they aren't tied down ,is in for a very big surprise. You will be more tied down then you have ever been. Whether it's responding to a message, shipping a package, listing, organizing, cleaning and prepping,sourcing, research, photographing, making drafts, sending offers , editing listings while relaxing in bed, you're always dabbling into some sort of reselling related task. Now that you are a business owner you're stuck doing everything. It's so much more work if it will be your only source of income , because your success is critical to support your family.
Full time - sole provider for a family of 9!
Wow. Awesome
I really appreciate these videos, thank you. I am selling full time and it came from long years of experience with my mom, who was an eBay pro seller 35 years ago. She passed in 2023 and the day before she died, I shipped her last orders for her. She was 89 years old. Pretty amazing. She loved it. A lot has changed during those times, but I'm still determined to do well. Thanks for your videos, I love them.
Ebay started in 1995. I've been doing it since 2001.
What many folks don't realize, selling on Ebay either as a full-time seller, or a part-time seller, is WORK and TIME. The commercials that sing and dance their way into claiming it's so easy and so fast....they're lying. If I ever think to start singing and dancing......oh yeah, in 20+ years, that's never happened.
Yes it is work, sourcing is the fun part, but it is work. You just don't list an item and forget it. You have to maintain your items on selling platforms and market products or yourself.
Yes, it's a lot of work. I have a full-time job and thought I could do this for a few extra bucks. Well, it is so time-consuming that it became two full-time jobs. I literally had to stop myself because I was burning out fast. I had to force myself to do this "just" part-time.
@@debbiegonzales8035 I did it with a full time job for years. Sometimes up all night packing, then go to my regular job. It was a struggle. Eventually, I had to decide which one to keep. Ebay. Then husband became more ill. HE was full time job, and I still did Ebay. He's been gone almost 2 years. I do Ebay to get rid of SO much stuff we collected, he collected, and his parents collected....and to supplement my income. Bad knees and all.
I became a full time reseller about 2 years ago. I had lost my job of over 18 years almost 6years ago. But I'm lucky enough to have a husband, who by luck, ended up getting a significant raise that covered what I lost from my job. I tried doing a couple different things but fell into reselling because I found videos like yours on You Tube and though, "Hey I can do that!" LOL. He likes to help me on weekends going to estate sales to source. It's fun for us. Almost like a date. :) Thanks for all your videos!
My reselling journey started 2.5 years ago when I had a layoff scare. I figured I needed a backup plan. We've grown so much in reselling we need a new house to do it properly. The last 2.5 years of reselling made getting a new place possible, we close on our new place in 2 weeks. Currently I'm 2 to 4 years from retirement, im looking forward to retiring and having reselling supplement my income from retirement...plus it'll keep me active. My wife has said about our reselling journey "Why didn't we start this sooner?". We do the reselling bit together and enjoy this endeavor. Keep up the content Kevin, we enjoy each video.
Yet ANOTHER terrific & informational video! Full-time reseller here, runnin' and gunnin' for 40-60 hrs per week. Not including my monthly VA check, all my income comes from Amazon, eBay & FBMP and loving it! 😁👍
75 years young and I am a full time reseller but also retired with a pension and draw SS along with Medicare. My situation is different from a lot of resellers. I have always had some type of side hustle to go along with my full time job...it's just in my blood...lol. I plan on reselling until the Good Lord tells me I am done. Another great video
What happens if you die and dont get my items
I think Ebay has a policy for that... I think they put a lien on your bank account until the debt is satisfied 😅
This is my plan! To keep reselling, and stay young!
The Lord has truly blessed you any many ways. Keep up following his plan for you.
I lost my full time job last September and was a part time seller since late 1990's. Now since September I'm a full time seller.
I have no other source of income.
I have a a full time job and last week I worked 84 hours and I still managed to list 3-5 items per day which is my daily goal.
First vid I've seen where someone is being honest about the terminology and definition of a "part time" and "full time" reseller. Thank you for that.
My husband and I are both both full-time resellers. I do have a small but growing TH-cam channel but at this point it’s only making me $100 to $200 a month. We pay for insurance ourselves, our only debt is our mortgage, and we are still putting money into retirement Every month. And yes, we work a lot!!! But we enjoy it
I also watch Lavender Close line - Karen is her name. She is the one I saw as my example for full time reseller. She started a year before me. That is a perfect example for full time. Some people can make a go of it. I receive a pension, but work full time hours. Great video.
I love Lavender Clothesline! As always, go out and get what's yours! She inspired me too
I love her organized basement!
@@maryellenp5468 I know! It's so satisfying watching her pull orders
I am a full time reseller on my own. I have no spouse to split the bills with; I have no employees. Truth is, reselling is not dead and you can still make great money doing it. The other truth is; you will need to work harder than most other resellers to make it in todays world (to pay all your bills). If you are old enough to already have equity built ($700 mortgage on a house) then it will be much easier to do reselling full time.
The younger people (around 35 and younger) are going to have a much harder time becoming a full time reseller. The cost of everything is out of control and the truth is that you need to make a lot of money just to pay the bare minimum bills. The older people definitely don't want to hear this but its just facts. Todays average rent prices are more than what mortgages were just 10 years ago. $1,400/mo for renting a 1 bedroom is high and is the new normal. Food is also outrageously expensive.
My point is this; the money thats required to pay the bare minimum bills have double or even tripled since even 10/15 years ago. A $90k salary in some states will barely cover monthly bills with no debt and just paying rent.
A mortgage on a reasonably priced house (200-250k) is over $2k monthly ($0 down). $2,000 is a lot more than $700.....
YES this comment 1000%. We as a family of 4 became debt free 2 years ago and are currently looking to buy our "forever home" we're done moving and the only thing around here that currently has a $700 mortgagee is a doublewide. And I mean absolutely NO disrespect when I say this, but the days of mortgages under $1000 are almost unheard of - even in rural areas here in SC the land alone is a 150K for about 1 acre and that's without the house, garage, shed, or anything- not even excavated and home ready... JUST the land itself. So for us right now trying to buy is becoming increasingly difficult $450K+ is the new 250K. its SO sad but true- it makes us feel so defeated, but we are trying to stay positive and openminded to different properties and loan options.
Kevin ,you are so lucky/ blessed to have bought when you did and to stay debt free- it's a real feat - you should be incredibly proud of yourself! 👏 I love seeing your beautiful property, animals and family- you are truly living the dream!
Cheers and blessings to anyone reading this! ✨
I did it full time and it wasn't for me. I could absolutely have afforded to do that, but I didn't like the uncertainty of income amounts. I run a single-parent household so there is no backup if I had a down month and even with an emergency fund I didn't feel safe financially. I went back to full time work and part time (or hobby) selling. This is best for me at this time. Once my kids are out of the house it may change, but for now I prefer part time as extra income.
Thanks Kevin for your videos. Mom was a teacher in the 80s and 90s, was a director for 3 elementary school and was fired because an employee was stealing. She didnt make much but she worked hard and cared about the kids. She worked a 2nd at Sears. After the divorce, her job and losing her dad and brother, her cancer came back and took her away (Stress was too much on her) . I learned the value of hard work and honesty from her. I had shined away from sales because i had the "perception" that you have to BS to make a sale. But, when I started reselling as a hobby to teach kids about business and money, I started to have fun with it and now I'm a Part-Time reseller for 3 years now.
That's me! I am a full-time reseller. I originally started because I needed a new direction due to illnesses. I had been working a 9-5 corporate desk job for years and this was a refreshing new start; selling items that I would have loved to buy for myself. I suppose I consider myself a COLLECTOR, but ALL of my items are for sale. lol As always, thank you for sharing your stories and experiences.
Retired with pension had to have something to do started reselling in 2020 , love it finding the great buys and the search in the summer time garage sales . I do put alot of hours in with the sourcing and listing and shipping but can stop anytime i want to take a vacation . Not depending on the income for living expenses just extra pocket money for extras when needed
Health insurance is KILLING me...
16:45 MARPAT is an abbreviation for "Marine Pattern" not necessarily a brand or manufacturer. Good work sir, keep it up!
Love it when the little pets come in the shed 😊 Turners jokes are awesome 😆
I’ve told you several times, I’m fortunate enough to find reselling to get out of debt and when the pandemic happened I was able to do this full time. Definitely wasn’t ready but I’m 3.5yrs in and feel like I’m getting better. I like the freedom. I have times I want to do things but I just don’t think I can afford it.
I have to say your YT videos have helped me tremendously. It’s been a good learning experience. Started selling on EBay May 2021 part time. Have thrifted all my life and love it.
Just walked in the thrift store and saw about 8 whamo Frisbee and they were 50 cents each and SOLD 😢😢😢
I enjoy the shed talks , keep going Kevin
you good sir earned a new sub!, I am looking into this as a hobby mainly for fun (Also for the wife to take on so she can be at home for the kiddos). I do have a lot of access to thrift stores where I am located and was just there the other day. Its amazing what you can find and the most important part is never stop learning! I found some van shoes that looked awesome and i was humming and hawing on weather or not to put them in my cart. To get a 30% discount i was just under what i needed at the checkout so i quickly ran over and threw the shoes on as a freebie. Glad i did! The vans were iron maiden 2006 (limited editions) in really good shape and have a resale value used of 170.00 cad. I think the most important part is understanding that all revenue is unrealized until you get the sales and this doesn't just happen over night you need to build up a following/integrity just like any new business. Happy Hunting! Thanks for sharing.
I quit my job but it was part time and instead of going back working for someone I am trying to resell and at least replace some of what I brought in. It can def work I’m hoping cause I love working from home and I’m an introvert so this is perfect for me it’s a lonely job which I love too. I’m a lone wolf so it works!! Love it. It also helps that my husband is supportive of it as well
I think you get out of anything exactly what you put into it. You have a knack for story telling - your stories are about your selling...and people like to listen to you, therefor you have followers.
I still miss the introduction when you talked about the kids (family) being the most important thing to you.
Reselling works for me because I can take time away when needed - but thats because I have kept my full time job for the benefits. With back to back weddings of 2 of our six kids this year, I ended my 500 listings and took a step back. I plan to relist many items after the second wedding and time allows it.
I will continue to tune in to your channel as often as I can, because no matter what anyone says about your sales being based on your social media presence or not, I enjoy your stories.
Thanks Kevin for being entertaining while teaching me things I am interested in - one reason why I resell...as a hobby...because it's fun...and if you like what you do you will never work a day in your life.
We would be full time resellers but we sell on eBay, Marketplace, have 3 antique booths, set up at flea market 7 months of the year and do a few craft shows in the fall.
When I used to resell, I only had flea market and garage sales, nothing online 😊 only on weekends and worked 40 hours a week 😊
I’m a single full time reseller that drives Lyft on the weekends. I’m rural and have a low cost of living. Excellent garage sales and small town thrift stores. I am blessed!
Im a full time reseller, with a stay at home wife, a baby, and a toddler. Living in Florida with high rent lol Ive only been selling for 4 years now, full time.
I'm retired from the military, so I have income from that, I also have a full time job and I do part time reselling. I consider reselling as a hobby since I enjoy the hunt and making money off it.
I work part time to full time hours, depending on my family's schedule. My husband is the main breadwinner, with his income paying the bills and providing healthcare, 401K, etc.
As far as margins and sourcing, I think the key right now is diversifying your options. I source from a variety of places, and find that my margins are just as good as ever, if not better. If I'm sourcing at thrift stores, I utilize every tool to save, including discount days, loyalty programs, etc. The thrift stores around me are jam-packed with stuff, so its not hard to find good inventory. But I also source from online estate auctions, and have gotten so much from those companies, at very good margins. If you limit yourself to your neighborhood Goodwill...you might be suffering right now. But if you branch out and find other ways to source...your business is probably doing just fine.
Sitting here getting ready to work on a Sunday. I plan on collecting my pension in 8 years and supplementing it with reselling
I taught kindergarten in a private school and I waitressed and delivered pizzas after teaching all day just to make it. I then started selling on ebay in 2013 and that became my supplemental income. The school I taught at closed permanently in 2016 so it was easy to jump into selling full time. My husband quit his job in 2017 and we did the reselling thing together. We moved to a different part of the country and it was too hard to get started reselling in the area so he got a job. We had a baby in 2020, I still resell and he has the same job. We're able to make it comfortably with me staying home and reselling. I wish he was able to resell full time but he doesn't have the knack like me and it just wouldn't work.
Part-time seller here. I also sell real estate part time as well. I am 3 1/2 years away from retirement from my state job and I can’t hardly afford to give that up being so close to the end. It’s a struggle to get there every day and it’s an easy job, but I want to be at home doing my reselling job much much more!
I retired after 32 years of teaching with full retirement and then began reselling. My husband retired 2 years later and we work at our own pace. It has certainly been a blessing, as teacher retirement isn't exactly a gold mine!
this is our full time income... We put in 65-75 hours a week
My job before retirement paid over 100k a year but cost me 2 knee replacements and countless years of aches and pains. If I knew the potential of eBay I would have quit 15 years earlier. I wouldn’t do anything but eBay I just love the hunt and hustle. Dave should never give advice on reselling he doesn’t have that instinctual knowledge to be really good. Every item he picks up he’s on his phone looking it up except for those lousy stuffed animals.
Grew up doing this with my father...since the late 70s early 80s. I have learned TON and still continue to fo so. When ebay came around in the 90s, it was a blast. You can still do this, you have yo know what to buy. AND how to get it. I work FT as an RN, and pretty much FT on ebay and other platforms as well. It is easy when you live below your means, but many can't or won't do this...
I lost my job 6 months ago and have not been able to find a new one in the same level. the only options were to take a low pay job that would consume my entire day OR do something for me and my family. at my age, to start over again in a new place trying to prove I can do what I've been doing for over 22 years would be a waste of my life. SO, I decided to invest myself into a full-time reselling adventure.. now my wife and I are together everyday working our asses of going to yard, garage sales as well as thrift stores here in el paso tx. It is hard as hell.. but when you're forced to do something to survive, you MUST make it work, even if it takes you 14 to 16 hrs. a day the full week..
Hope to meet you one day. It would make my day. I am a part time reseller started May 2023. I have a full time employment. I am 100% support myself and 2 kids no spouse. I just got approved to sell on platform whatnot. Hopefully that will workout. Blessings 😊
I have found that because of Christmas and vacations , the J months are the slowest.
Year 21 teaching. I NEED to be done. I fantasize about being able to resell and not have to work outside of my home.
Love that shirt!
I am part of one of those couples, actually celebrating our anniversary tomorrow, who are both retired and home 'all day.' My husband is an actual retired rocket scientist from Redstone Arsenal in Alabama and I retired from a marketing career to go full time as a wedding cake decorator. I sold on ebay and Poshmark on the side. When Covid shut down the wedding industry, I made the decision to sell all of my cake 'tools' and invest in inventory to sell and storage shelves. We were in a good financial position to be able to make these decisions. But it took planning to get there. It wasnt just a 'hey lets see how this goes' thing. I think I work harder now that I have at any other time in my life! And thats ok. My grandparents taught me that you dont get what you wish for, you get what you work for.
🎉And teaching your children how to run a business 🎉
This is like asking: "are businesses not going to ever sell again?" It's silly. But people keep thinking this is a past time instead of treating it like a business. Adjust and overcome.
I became a reseller after having a number of health issues that kept me from my full time career. It gives me added I com to my social security, and is flexible gig. With my health improving I keep adding more to my store and hope to double my income this year. I always view it as having endless possibilities.
Hey Kevin! I recently lost my job. I have done eBay for 19 years and am a Dave Ramsey family. We don’t have debt either and my wife has a good job as well! Our bills were set that we could always pay the bills if one of us lost our job. I have a large amount of inventory to start but am going to do eBay full time, TH-cam for reselling and another channel with Bible teachings. I am super excited. I don’t know about the future but I want a substantial eBay business whether I go back to work or not.
I would LOVE to quit my job and do reselling full time. I was an auto mechanic and now do industrial maintenance and I am so tired of breaking down my body to make these other companies millions of dollars by keeping their junk equipment running (which produces the products that we all buy). I have loved reselling since I was a kid when mom and dad had garage sales two to three times a year. When I got older (high school age or so) I started buying stuff and reselling on Craigslist back in the day. Kevin, I have learned so much from watching you and your videos. I have tried to watch others but for some reason you are my favorite (sorry that sounds creepy)! I can only dream of doing reselling full time and maybe someday being able to meet some fellow resellers. So for now, I watch The Commonwealth Picker as I package up orders and I sit here and dream of one day, maybe just one day….i can do this full time. Thanks for the great content, the history you throw in, your family interaction, your heart felt emotions and the generosity that you bring to your channel.
I'm in Southern California - don't think you could do it full time out here and make a living due to cost of living and competition from so many others out here picking. My wife and I work full time and I do it part time for extra cash to help pay my sons ice hockey costs. I sold almost 20K last year on eBay (sold, not profit) and I probably average 20 hours per week sourcing, listing, packaging, shipping. But I love it as a fun hobby that makes me some extra money!
it is possible to do it in california, I live in San Francisco where my rent is close to 4k a month for a tiny 2 bed house.
Me, it's just a hobby and started for something to do when I retire.
I agree that people need to study the profession before going full throttle reselling, I’ve spent years studying, learning, looking at local reselling possibilities, I’ve been selling certain items on fbmp and am making decisions on where to sell some big ticket items.I have another35 year old highly successful small business, collecting social security, and doing reselling on the side of all that. Eventually reselling will move up in importance. I’m taking the slower road only cuz I can, I know some do this in urgency thru loss of a job, etc….I have watched some resellers and the amt of time spent on social media varies. I’m sure it does help reselling. Take care.
Reseller since '96, selling on ebay since '05, full-time since '13.
I have been selling over 25 years. I worked at a "regular" job until about 6/7 years. I Became sick at had so much time out of work that I was fired! I had worked there over 20 years. I also took care of my elderly mother along with my neice. I started selling more as i am now disabled.
Part time reseller here. I am also the CFO of another family business. Those two amounts are about the same income. My husband retired from GM last year and now has his own coffee roasting company. So....we do a few part time jobs and that is what supports our family!
Very informative
That shirt!! Wrestlemania 3!! I remember ordering the descrambling device from the cable company so we could watch it. Those were the early days of Pay Per View :)
As a single mom, I want to be more available for my kids. I am wanting to start reselling and see where it takes me. Video was very helpful!
The Sword in the Stone is just the best! Archimedes the owl.....
I’m a full time reseller
Also sell at a flea market once a month
I’m 69 years old and are social security
I couldn’t live on SS so reselling has been a blessing
Great topic of discussio.. I'm just more of a part time reseller . It does indeed take alot of commitment in my opinion , to get it to the next level .
My spouse got laid off due to pandemic but could not stay home needs that social interaction plus money for bills and not interested in work at home. I have sold things out of this house for gas or grocery because he buried us in debt but i sold on craigs list and did well. There is issues why we were deep in debt so i started selling things being i am unable to work so i guess i am a part time reseller and my house is my best picks after years of collecting with thoughts of increasing my buyer market as it is time for so many things to go bye bye. Thanks for your honesty. 😊😊😊😊
I grew up being a picker and have a ton of knowledge of items. I also know where to find the information on items I come across in my picking journey. What I have learned a ton about in the last year or so was about clothing, which was not my knowledge base well not of hot brands. I have purchase clothing most of my life at thrift stores but brand never mattered to me if it fit and I like it I would purchase it, which is not the way to sell clothing online.
I'm a full time educator and a full time reseller. I'm in my third year of doing it and just starting to think I'm doing it well. I'm making a nice profit and still having fun doing it.
I am a full time reseller and have been on ebay for 25 years We paid off our home and cars with our ebay income and supported ourselves. I have to say its a little harder these days and I am shifting gears a little bit just for a change. I don't do anything else but sell online and crosspost to several different sites. I still love it after all these years.
Our situation is somewhat unique. I am retired military, and began reselling as something that my wife and I to do together to make extra money. It is my primary employment now, but I wouldn’t classify it as “full time”, although there are definitely weeks that we log 40+ hours each on the business. For us, it was an easy decision, because we already have pension / benefits to cover the main expenses . We don’t really want to expand beyond eBay into TH-cam, Whatnot, etc. at this point, because of the extra time it entails. We enjoy the “thrill of the hunt” at yard sales and thrift shops, and don’t want to get too big where it consumes all of our time. Honestly, I don’t think I would enjoy reselling as much if I had to depend on it to pay the mortgage and put food on the table. Probably the same reason I didn’t become a professional poker player 😀
Those of us not already kkcking hard with social media, put the time and effort into reselling and full time is possible.
Great Video on a subject that needed to be told to people.
I am retired, I have a woodworking shop that I work in since I retired. Last year things got slow in the woodworking shop, I had been watching videos about selling on Ebay so I thought I would try it. At the moment I would say that the work is divided about 50/50 but the woodworking shop is going to be very busy soon and I will be struggling to keep up with both. Therefore, I consider myself to only be a part time reseller, it has been fun. Love watching your videos for the information and getting new BOLO ideals
Have you considered selling wood projects on Etsy? I've dabbled with a couple projects, but only sold locally and not online.
@@pnw-coast I have only sold locally. I usually build the bigger stuff like cabinets, dressers, tables etc. and that's why I only sell locally.
Enjoy your family ❤❤❤
I would love to resell fulltime myself, but I hope to at least do well enough to allow my wife stay home & help me. She has health/medical issues and not having a regular "9 to 5" would really help her quality of life!
Became a "full time reseller" when my pancreas kept me from a 9 to 5. Been doing it for 4 years and plan on many more. I live in the sticks so not much competition.
I didn’t stop working at a job until I was forced to by an injury. I had been dabbling in reselling. Then I qualified for first Disability and then Social Security, plus my husband had a very small pension for a few years at a union job. So we had an income before I started doing this relatively full time. My husband has passed away but I still have his pension and my Social Security. I have a set goal for yearly profits that will allow me to keep paying rent into the future when my life insurance proceeds end in a couple of years. I’m gradually getting there.
I work full-time and substitute teach part-time and just started reselling. In five years I hope to retire. Reselling is a great extra income.
My daughter got me into reselling around 2019. I recently retired from my federal government job after 30 years. We have a good sourcing area with about 5 online auctions in the area. My wife still works and I have become the daycare provider for my granddaughter. I find that I have just a little time to list but I enjoy reselling too much to quit.
I am part-time because I am still homeschooling my children. I am blessed that my husband is the breadwinner and supports the extra I am bringing into our family.
I’d love to resale full-time. Ive did it part time since 1997 use to have a yahoo store. I work full time and have a consultant business also. Only I pay the bills in my home so I’m stuck at part time 😕
I resell on ebay and facebook and at a local swapmeet and I am a Back Ground Actor for TV shows Made in the LA area/Hollywood
I would say I am full time reseller but retired. Drawing SS and a State pension. Worked 39 years in State Gov. eBay income is saved and used only for miscellaneous unexpected expenses like car and home repairs or maybe a vacation. Have to limit my income due to social security but that goes away next year.
My goal in the next 6 months is to create enough income to make it possible for me to go part time at my job🙂
All my money atm comes from reselling. But it's not enough money. But I do not spend 8 hrs a day on my business, either, so there is a lot more opportunity for me. It's getting tougher, for reasons you mentioned - higher sourcing costs, shipping costs, and increased competition.
I'm a full time reseller only because I put so many hours into reselling every day and have around 1050 items listed on ebay along with hundreds on many other platforms. With that being said, I still don't make nearly enough money for it to be my only job. Only about $35k a year, so I also do overnight stocking at Walmart and my wife works a full time and part time job as well.
Hi...im considering being part time, my husband does have a income that pays the bills just want extra income to be able to have some fun things to do. I watch and learn from your videos these people with the negative comments towards you are terrible they must just be jealous. Im in Canada so i just keep thinking its a little harder to resell here as our costs to ship etc. are much higher.
God bless wishing you all the best.
I've been working for 32 yesrs & im a part time seller but like to full time sell on ebay & flea market.
reselling in a way is comparable to gambling. it takes money to make money and in many cases lose money. if you have plenty of funds to source the better chance you have to get a business to the next level. big money in a casino lets you survive through the bad hands at the table. you may win and you most likely will lose. point of the story is you have to have money to make money. someone who can dish out $400 to make $1400 lets say will be more successful than someone who just does not have the funds to source all week long with $300 or $400 dollars per day. This is why many resellers fail. they struggle to get to the next level.
This is VERY true! That’s why it’s so important to only buy what you know for sure will sell. Hence looking at sell-through rate for every item .
I get what you're saying about "it takes money to make money" but there's a big difference between gambling and reselling, which is the difference between chance and skill. With gambling, you're relying on luck that the next card or roll of the dice is a good one. With reselling, you can use knowledge and skill to determine whether or not something is a good buy or not, unless you're buying mystery boxes or something like that.
Good points!
uk seller here and i only have one place to go for reselling side and that's charity shops, as we don't have yard sales over here, do have some car boot, there not the best, so am limited on were i can get stuff from but am build up bit by bit and am getting to the points were am making almost the same as if i was working full time, a bit more time and i will have to sit down and think do i need my work income and can i live without it. probably but lets see how the year goes
The profit were i live is alot less than what i may 20 yrs ago.
Thank you so much!!!!
Hey VA is for lover's
Anyway
You were home for your children that's a great deal 🎉🎉🎉🎉❤❤❤ good job kids need a parent home😅
exactly!!! and what most aint saying LOL -- I knew it
I put 9 videos out and got 271 subs, I should have stuck with it. I’m a full time reseller and always will be.
that is tough to say. Only if you really enjoyed it.
@@commonwealthflipper I kind of did but have no friends that resell also and definitely don’t know any youtubers lol. I would have definitely stuck with it if it weren’t for that. Excuse, I know. Lol
If you can't make at least 1.5x your salary as an employee wage, do not bother being self employed. You should never quit any job until you can sustain yourself! If you make 100k a year as an employee, if you do not make 150k a year self employed you will not be making what you did as an employee. Most new businesses fail!
Note: Being self employed IS BETTER, but I want to make it clear that it will NOT be easy and you need the right expectations.
I work full time, I resell very part time and my wife works part time. My wife is also going to school part time so she can get a masters in nursing to be a nurse practitioner. I tell her I’m going to retire from my engineering job and to full time reselling when she becomes an NP. We will see if that happens 😂
post office keeps losing packages. you are responsible for refund. fun times.
Yes. My last lost package deal resulted in me losing the case. eBay took my money. I had to file an insurance claim and lost it with the postal service. They didn’t want eBay receipts. They want a store receipt where I purchased item. So if you pay $5 and sell for $30 they don’t care.
@@carltonleggett8222 Need to privatize the Post Office.
I am on the fence about it Kevin. I may as well be a full time reseller because I am currently selling on eBay, amazon, Poshmark, Mercari and Etsy. Most sales are on eBay with amazon just under that. I feel like if I quit my 40 hour job I could focus more on my business and my youtube channel and get my numbers up. But I am a state employee and with that comes some pretty good benefits. Benefits that are kinda hard to give up. I just can't help but feel like my sanity and purpose could be seen better as a reseller. It would free up more time for family, church, community, etc. My wife has great income and she would totally support the move but it's just hard to take that leap of faith into the unknown of what could happen if I truly go full time.
Benefits is a key factor some people don't seem to think about, especially the younger generation that are jumping into reselling as their first "career" endeavor and/or don't have kids that need coverage. I wouldn't quit a full-time job with employer-paid benefits, 401(k) matching, etc to go into reselling. Those things, along with some prudent investments that I couldn't have made if not for the FT job, are why I could retire 'early' and resell as a hobby. If your job isn't horrible, then I'd keep it.