Aug 7, 2018
My friend has paid off over $80k by selling on eBay. In sharing his story, I hope it helps you pay off debt (or just make some extra cash!).
Bryan & his wife paid off $82,000! How? Buying and selling stuff on eBay. I'm going to be asking him some questions and hopefully his answers will inspire you to pay off your debt, too!
Topics and questions I asked Brian in this interview:
1️⃣► EXPLAIN WHAT YOU DID PAY OFF YOUR DEBT USING EBAY
Brian bought Skip McGrath's eBook (A list of things you can buy at yard sales and sell on eBay) and found there are many things he could sell for a profit. In his first eBay sale, he bought an item for $5 and sold it for over $300!
PRO TIP: If you want to know if something at a yard sale is valuable, download the eBay app!
If you would like to know more about Skip McGrath, check out his site and his books: http://www.skipmcgrath.com/products/sell-used-books-ebay-amazon.php
2️⃣► HOW REALISTIC IS IT TO MAKE A
FEW HUNDRED DOLLARS A MONTH ON EBAY?
It's extremely doable to earn a few hundred dollars a month! When he was paying off debt by selling on eBay, he also had a full-time job. Currently, his buddy is really into selling and is making $1500/$2000 a week with eBay (this is after putting 60+ hrs a week in as a CPA!). So even if you have only minimal efforts, you should be able to make a few hundred dollars a month.
PRO TIP: Don't look to sell 100 things for $5. Look to sell 3 things for $50 a piece. Start small!
3️⃣► ANY OTHER TOOLS/RESOURCES THAT
YOU THINK ARE HELPFUL?
►The eBay app is everything!
►Ignore what items are selling for on eBay, pay attention to the prices items actually sold for!
►Check out Lynn Dralle's book on buying and selling on eBay: http://www.thequeenofauctions.com/
►Auctions!
Related Video about Ebay Selling:
- How to sell on eBay - https://youtu.be/iWw6UbQn_oU
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