Made my first half million!!!

[hondaman350]

Thanks to aspkin, greenbean, lakeman and all the pros on heres help, I made a little over half a million dollars through ebay sells!!! I been suspended over 30 times in the past. But after studying this forum and some help, Im cranking out accounts like crazy. I learned how ebay traced u and suspends people. Not no more. I opened over 40 stealth accounts, and got over 100 accounts on the side hibernating. Selling nothing but electronics and video game stuff. Its a big headach with 40 accounts, but its bringing in the dough!!! Each account brings in just $1,000 a month, 40 x $1,000 = $40,000 a month. That way way paypal won't limit if u spread out the accounts. Made half a mill in 2009. Goin do it again in 2010!! IT takes alot of work to do this, u gotta have Will power AND TAKE ACTION!!!In the process now of getting a new house built in the florida area. Goodluck to all of u on your ventures. And never ever give up on anything, learn from your failures.

[ar_123]

****ing hell!! Welldone!

[EmptyPockets]

Nice job hondaman, success stories are good to hear!

[NZT]

thats cool. nice one. do you import your electronics?

[aking]

I was always told that profit margins weren't high with electronics. I guess when you have 40 accounts it will be, lol. CONGRATS!!

[shoot2kill]

...this was you --> this would have been me -->

[hondaman350]

Yes I get all my electronics from a china supplier. I make a 40% profit margin on each item that sells.

[NotGoodEnuff]

Congrats! That is truly awesome! My (2 Year) success is not nearly as nice as yours, but I have about $10,000 for my new vehicle. I don't want any loan and my current vehicle still works for us. I only run 2-3 accounts at a time.

Congrats Again!

[slokor]

Congrtulations!
Just goes to show you - with a little hard work (and this website) one can do anything!

[inverser]

I had to login to say congratulations!!!

[inverser]

BTW, do you really have 40 bank accounts?!

[oge]

Yea also do you have a warehouse or are you dropshipping or is this a one man team?

[hondaman350]

Yes I have 40 bank accounts all opened online. And yes im using dropshipping from china, and some from u.s.

[paypalpains]

good on you mate!

[delldell]

wow you are my hero! do you sell vero items or "brand named" items?

[oge]

And you are using PayPal?

[inverser]

Originally Posted by oge

And you are using PayPal?

+1

I'd like to know this as well!

Edit, well it seems OP sort of mentions PayPal in his original post.

[Burst]

Id like to know about taxes.... Whats going on with that

[RazvanDK]

My eyez just blew up ,half a mil ....when i grow up i wanna be just like you man ,good job.

[aspkin]

Originally Posted by hondaman350

Yes I get all my electronics from a china supplier. I make a 40% profit margin on each item that sells.

I was about to say.. that's some pretty good profit you have there, especially for drop shipping. Good job!

[hondaman350]

Im selling real Brand name electronics and video games, and accerorries..
Using all droppshipping on everything, I never have to package nothing.
Yes im using paypal for all sales. I got 40 paypal accounts attached to 40 online bank accounts, boa, suntrust, chase, ally, and citi bank. Each paypal just brings in $1,000 a month so paypal won't limit me so easy. 40 x $1,000= $40,000 a month in sales. U gotta think big to make big.

[boss]

Wow, I'm jealous! I have alot of reading to do apparently. Are you a one man show or do you have partners?