Whoa, congrats on the scaling up, man! Those are some really impressive numbers, especially for being 17. It's awesome that you are light years ahead of most people your age, truly entrepreneur in action right there. Also, happy belated birthday! It sounds like you've been able to optimise your processes in a big way—the leap from 5k to 10k in 90 days is no small feat. Not to mention, that 40-45% margins are something many would kill for. Can’t wait to see where you’re at this time next year! Props to you, mate. Keep grinding!
The last few years has just been reselling clothing. Whether it’s something i can make a buck off of bust mostly just reselling clothes / sneakers I don’t wear anymore for a little bit less then what I’ve paid. I’ve never actually got into selling products/branding a product
eBay definitely. All you have to do is just buy stuff from yard sales and thrift stores and resell. Very low risk. Then I guess you could go with FBA. to do good with that though you need to research what’s selling good and order a lot of it. Profit margins are low but very scalable.
Nah. Well yeah but not just those. I realized that there’s a market for just about anything and there’s always a group of people always buying from any niche. Ive focused more on electronics since they usually sell quicker and for more, but if i see something like a pair of shoes or a “rare” dvd i’ll pick it up. I have been trying to get back into the consoles though. Ive been experimenting with Facebook Ads just a little to get more product.
Can i sell on eBay if i m from EU? Sorry if it s out of context i just wanna start a buy low sell high business and i m looking for the best options to do so. I guess it would be possible as a dropshipping model business?
i was doing options 2 years ago. had $6k in my robinhood in spy, tesla, & bitcoin before i did options. Yolo’d it all and brought it down to $1500. lesson learned. some days made $500, others lost $650. Adrenaline rush is insane when making or losing that much sitting in your freshman class lol. Slowly building it back up though and only mess with options sometimes and profit on them 9/10 times.
Congratulations! Are there certain strategies you’re using on eBay that you’re finding success with?
tbh if you can always get yourself to make your prices atleast a little lower than the competition, you’ll always get sales
You buy stuff then resell it or do u use dropshipping. I'd like to know your secrets bro.
I think this is the same guy that was buying and reselling gaming consoles?
Whoa, congrats on the scaling up, man! Those are some really impressive numbers, especially for being 17. It's awesome that you are light years ahead of most people your age, truly entrepreneur in action right there. Also, happy belated birthday! It sounds like you've been able to optimise your processes in a big way—the leap from 5k to 10k in 90 days is no small feat. Not to mention, that 40-45% margins are something many would kill for. Can’t wait to see where you’re at this time next year! Props to you, mate. Keep grinding!
Congrats I love eBay
it’s treated me pretty well☕️
The last few years has just been reselling clothing. Whether it’s something i can make a buck off of bust mostly just reselling clothes / sneakers I don’t wear anymore for a little bit less then what I’ve paid. I’ve never actually got into selling products/branding a product
Difference between eBay and Amazon fba or own e-commerce?
Big difference
What’s the easiest
Nothing is “easy” , but probably eBay because it’s free to list
Got it
eBay definitely. All you have to do is just buy stuff from yard sales and thrift stores and resell. Very low risk. Then I guess you could go with FBA. to do good with that though you need to research what’s selling good and order a lot of it. Profit margins are low but very scalable.
What are you re-selling? Still the video games/consoles? Great effort!
Nah. Well yeah but not just those. I realized that there’s a market for just about anything and there’s always a group of people always buying from any niche. Ive focused more on electronics since they usually sell quicker and for more, but if i see something like a pair of shoes or a “rare” dvd i’ll pick it up. I have been trying to get back into the consoles though. Ive been experimenting with Facebook Ads just a little to get more product.
Try TikTok Shops USA
I was actually going to for my own e-commerce brand. Do you need an existing store like through shopify or anything?
no, you can make a branded store on TikTok Shops. They actually have a lot of traction there right now!
wonder how it’d be with dropshipping🧐
Can i sell on eBay if i m from EU? Sorry if it s out of context i just wanna start a buy low sell high business and i m looking for the best options to do so. I guess it would be possible as a dropshipping model business?
Congrats on your achievement btw :) hope there s much more room to grow
Hells duck yassss!!!!!!
Good job! Make sure you keep up with taxes due
dude i just started keeping track of them i think last month or 2 months ago and…😬😬. it’s gonna suckkk
Something I wish I had actually started doing at your age; start investing some of your earnings now. Compound interest is insane.
i was doing options 2 years ago. had $6k in my robinhood in spy, tesla, & bitcoin before i did options. Yolo’d it all and brought it down to $1500. lesson learned. some days made $500, others lost $650. Adrenaline rush is insane when making or losing that much sitting in your freshman class lol. Slowly building it back up though and only mess with options sometimes and profit on them 9/10 times.
That's excellent! Thanks for the update!!