This 35-year-old mom quit her job to work on her eBay side hustle full-time—and made $141 million in sales last year. (via CNBCMakeIt)
In 2011, when I wasn't working my $25,000-per-year insurance job or spending time with my family, you could find me shopping online.
full-time. Last year, our online clothing business generated $141 million in gross sales. And today, our social media audience has grown to 3.6 million followers.To start our eBay store, my husband Chris and I made an initial investment of about $300 to buySince I wasn't familiar with pricing strategies, I priced items at what I would pay as a customer. We worked out of our living room, so we didn't have much overhead to worry about except for shipping costs.
In 2019, after achieving $70 million in total sales, we received a minority stake investment to support the business' rapid growth. This helped us expand our product offerings and scale an amazing team. When I started my side hustle, I saw an unmet need for fashion-inclined women who wanted to be able to find a dress for $50 or less. I knew I could help to fill that need in my own small way.If you want growth to happen quickly, you need to reinvest all or most of your early profits back into the business.
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