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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Entrepreneurship

Entrepreneurship

eBay for a Living at 50 and Over

Many people dream of dumping their regular jobs to start their own business. The idea of dropping out of school or quitting their jobs for their passions sounds inviting. This is a risky proposition, as adults have financial responsibilities, and a regular job, can cover the bills on time. There is a brave fraction of the population that dares to dump their full-time gigs to make their goals a reality. People in their fifties have been successful on eBay in recent years and have proved to be just as insightful as younger age groups.

A rocky economy and severe downsizing have uprooted many workers. Even in 2013, the list of massive layoffs was tremendous, which has forced many experienced workers to sidestep their careers to find another way to make a living.

Guusje Moore, a librarian for more than 30 years, learned how to sell on Amazon and eBay, and her home business is flourishing.

Moore’s been a seller since 2000. She started because she couldn’t afford her two daughters’ college tuition, and she was not interested in tutoring or working at a retail store. Armed with two Bachelor’s degrees, one Master’s degree and plenty of books, she pursued selling books online full-time.

Moore posts her book finds on Facebook and searches for knick-knacks to sell on eBay on a daily basis. She sells everything from dresses to books to mugs. Additionally, she hired two teenagers to help her create listings. She has grown from no eBay listings last year, to 50, then a store and most recently a Premium store. Now she is up to 425 listings, many of which are sold at a fixed price with Best Offer. She recently hit $10,000 for 120 days and expects bigger profits in the near future.
She offered some advice for people new to eBay:

• Don’t waste time on cheap items, especially those that sell for less than $8.
• Be selective in what you buy and list; listing should be based on quality, not quantity.
• Scout for items on a daily basis or at least four or five times a week.

 

 

 

 

 

 

Photo: Ebay


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