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Showing posts from January, 2021

STEP ONE - SELLING ON EBAY

  STEP ONE - GETTING A MARKETPLACE ebay has the advantage of being one of the largest online marketplaces for independent sellers along with having the lowest barrier to entry of all the platforms. This makes eBay my choice for starting resellers. TO STORE OR NOT TO STORE Nearly everyone has an ebay account already, but if you don't you will need one. If your existing account is in good standing, without negative reviews or any issues, go ahead and use it. If your old account has issues or you just feel like updating, go ahead and create a new one.  Once you have your new, or old, account fired up, its time to start selling. You essentially have two options for this, individually or through a store. When your business takes off a store will be a necessity, but skip it for now, keeping overhead low is essential.  OVERVIEW So what is an ebay store and what does it do. Essentially, because of how ebay works, a store is primarily for the benefit of seller, including additional sales tr

Selling Pokémon Cards - An Introduction

 GOTTA SELL THEM ALL Selling Pokémon Cards Being locked inside for the better part of a year had the benefit of bringing many hobbies to the front of our minds, one of which was Pokémon TCG (The Card Game).  I got my start in Pokémon back in middle school, where I was a fairly dedicated collector, even pulling a Shadowless Charizard out of a booster pack, but years and life got in the way and the hobby was all but lost. Fast forward to late 2020 when I stumbled upon an interesting opportunity; 100 3 pack blister packages of Pokémon Cards at Goodwill. At $4.98 it was worthwhile to purchase the entire lot of them, bringing me immediately back into the world of Pokémon at a very profitable time.  I'll be the first to say that this is a unique time in trading cards, with demand far exceeding supply and scalpers rampant. A year ago the shelves at Walmart overflowed with cards, whereas a trip to those same shelves today is likely to leave one empty handed. As sad as this is for collector

Getting Started Selling on EBay

     GETTING STARTED SELLING ON EBAY Reselling, or simply selling products on eBay, is by far the easiest side hustle that I have found so far. There is essentially no start-up cost, very little legal liability, no dedicated space or equipment requirements, and a high profit margin.  We will cover each of these sections in much more detail, but for now let’s cover what you’ll need.  LOCATION, LOCATION, LOCATION You don’t need a lot of space, but you need somewhere to store, clean, photograph, and package your sale items. A closet will do, or even a cabinet, but a dedicated space is best if you can spare it.  For my eBay business we set up in a storage room approximately 8 feet by 13 feet in size.  INVENTORY To sell you need inventory (exceptions in a later chapter on drop-shipping). The good news here is that you already have inventory, tucked away in your home, garage, and car. Many resellers, myself included, started by selling things they were no longer using..  I call this the “mak

Welcome

Welcome, dear reader, should you ever exist, to the wonderful world of the side hustle. Sit back, relax, and most importantly buckle in, as we journey together through what will surely be an abysmal mess of a path.  INTRODUCTION While we wait for your complementary beverage, which will likely never arrive, I will introduce myself in my best captains voice: “Hello dear readers and welcome aboard, this is your captain speaking. My name is Zachary Battles, I am joined today by my lovely wife, my two sons, my mom, and two golden retrievers. Today we sail from my home port of Lewiston, Idaho where I spend my days masquerading as a private practice civil attorney. (Loud Click & Static” QUALIFICATIONS I am an attorney licensed to practice in Idaho and Washington. I spend my days providing relatively sound advice about starting and managing new businesses, protecting personal assets, buying and selling real estate, and preserving some of that money for the next generation. I spend my night