If you have a full time job which pays you on a regular basis,I would not quit to do Ebay full time.
Do it after work,on weekend
It depends on OP-HOW OLd is she,what kind of job is she holding now?
Does she have opportunity to move up to a better paying position,learn good skills,gain friends and influence people.
Is there any pension plan,401K,IRA?
bonus,paid holiday,vacation and sick pay?over time pay?
if you are single,would you like to meet someone eligible to marry or share your life?
As an entrepreuner,you are on your own,no one is going to pay you when you are sick,overtime or send you to school to learn a new skill,you buy the furniture,the camera,the PC,laptops,smart phones,scanner,batteries,everything.
No janitor is going to come after work to clean your desk and empty your waste basket.
Light bulb burns out.A/C not working,no toilet paper in the bathroom,?
Some folks love it ,being your own boss,but miss steady paychecks which do not bounce and heath insurance for peace of mind.
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Originally Posted by samspalace My financial situation now is bank balance £3.8k stock around £6k and £2k in PayPal on hold as still waiting the 90 days to be up. |
thats not much,wont last too long
if you still have a job,hold on to it,you can always jump in and out of fleabay,but YOU cant jump in and out of a regular job,unless there are reasons you are not telling us.
if you do ebay after work till midnight and Sunday and Saturday,isnt that plenty?
Well, if you left your job then you would be more concentrated on Ebay and thus your earnings shoud go up.
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is that a fact??
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Originally Posted by Bigblackdog Is trading (not just Ebay) going to be your job or your hobby? That will dictate your answer |
she said she wants to quit her job and go full time on Ebay,isnt that obvious?
the sad part about doing Ebay full time or part time is that if you have a housefull of antiques,collectibles,out of production merchandise and do well,once they are sold,you wil be like the rest ,looking for suppliers for saleable items and many sellers have already beaten you to Aliexpress,Alibaba,ETC.
Your supplier is also selling on Ebay or some kid in the family is trying out for fun and be happy to make 25 cents per item while you are trying to make enough to pay rent,food,health insurance.car insurance.utilities.
Quote:
Originally Posted by Bigblackdog Everyone has the right to talk like an idiot - please don't abuse that right
Trading on the internet involves a lot more than selling what you hsve at home
I have been tutoring one of my granddaughters and after 3 months she now has a carreer - she is an internet trader
Because you appear to be incapable of finding your way through please do not assume everyone else is in the same mindset as you
Research, research and then research some more |
Please stop ACTING LIKE A SELF RIGHTEOUS IDIOT !
I have already made my millions,while you are changing your grand daughter diapers,pathetic fool
I dont need to research,only retarded,inept,incompetent fools do so.
I have all my suppliers eating out of my palm,except I dont need them anymore,names you have heard of but cannot afford.
thanks,I am clever and successful,but I am not your bunny,you know what a bunny means in Northen China?
a faggot.
For those of you doing Ai this and Ali that,look in your own backyard,thats where my millions come from.
Now aint that a nice tip worth millions !
In the early days of Ebay,anything every thing sells,listing fee is a nickel,many dont have camera or scanner,just describe the color,one can bid on one's auction,buyers see all these items they have to go to different stores to find them,some are not available in the local market,they will even set up the alarm clock and bid at midnight or early in the morning.
A 75 cents gemstone pendant can go for $80,because the color is green>
A brass Egyptian cat figurine I found in the driveway left behind by my neighbor who just moved out ended up $38 after a fierce bidding battle?
High bidders will tell the seller how hard he fought and won the item?
They sent money order,postal order,cash,personal check,there is no paypal or credit card and no tracking,USPS has not come up with such.
Anyone can leave you feedback,they dont have to buy from you to be able to do so.
Folks will list at night and brought down Pierre's PC server in his apartment/
Gradually more people heard of Ebay and they all want to sell,who does not want to make a 500% profit?
Some quiited their day job and spend their mom's SS checks to hunt for old stuff in garage sale and thrift shops.
Some write books and claimed to have retired on the beach.
But anyone who has studied economics 101 knows supply and demand kicks in and prices start dropping,Ebay starts raising fees.
Then comes Billpoint and Paypal,and many buyers with drawer full of junks decide to sell them back on Ebay,there are only 3 kinds of players-buyer,seller and reseller.
There are also sellers who sell subscriptions -stories of their paranormal experience,encounter of the third kind ,fortune telling,cards reading.
AT FIRST It looks like quitting your lousy day job and do Ebay makes a lot of sense,but as time goes on,buyers are tapped out,and becomes your competitor,more retail stores are now selling on Ebay and they have the advantage of buying wholesale and selling at auction price,even your wholesalers are selling,there is no way one can compete against your wholesaler .
Sellers try to cut out Ebay,they would set a high reserve and when reserve not met,they will sell to buyers without paying FVF.
Back then FVF is only on item not shipping so sellers will list item at one penny and charge 99 dollars on shippin,then Ebay has to change and charge FVF on both.
There is no way you can make a living sellin in a flea market environment and expect to meet rent,car payment,grocery and like one point out health insurance.
Those who can are rare,and there is no guarantee it can continue.
As for one who moves overseas ,earn hard currencies and live in a foreign country with lower cost of living,not everyone want to move to a foreign country,they like to stay where they are.
You have been given some good advices,before you quit,ask yourself if there is no gold at the end of the Ebay rainbow,can you get your old job back?