Wednesday, November 5, 2008

Ebay Income Stream

Over the last few weeks I threw stuff on eBay hoping that someone would bid on them. A few days went by with very little action on these items. I am an avid T-Mobile Sidekick user and have a bunch of these devices that are used and broken sitting around my house. I saw online that people were selling used and broken phones on eBay so I posted my items on there and magically, I began getting some action!

EBay is an amazing tool to help generate some extra cash. I have dealt with a few idiots who won my auctions and then decided not to pay, which is fine because I can just re list the item. But I had the idea at work today that I need to just need comb every inch of my home and compile all the items that I could potentially sell online!

What type of experience have you had with eBay?

I am always looking for extra sources of income, who isn't? Sometimes the whole idea of having to create the auction listing is somewhat intimidating, but trust me, it is so easy that once you start doing it, you will be hooked! I am going to pull together all my things tonight when I get home and take some pictures of them with my digital camera. Then I am going to just starting listing these items nonstop and then leave it all alone. These items are not making me any money sitting in my living room, so why not? I will not miss them and either will you!

There is so much information out there on generating secondary sources of income, I must say that Moolanomy's write up on his Extra Income Guide is the cream of the crop! It is a comprehensive look at trying to build extra streams of income aside from your normal day job!

Also, Ramit at I Will Teach You To Be Rich is conducting a challenge on his site called the 30 Day Challenge to Save you $1000, and tip #3 was to Sell Something on EBay Today! Check it out because it really has some great tips and really will get you thinking about your life and how you can cut some corners to save a buck!

Be easy people!

4 comments:

Budgets are Sexy said...

eBay is my 2nd best friend :) Craigslist is my first! i find i sell things quicker and easier there than eBay, but both are splendid places...

that's all extra money my man!

Doctor S said...

@BudgetsAreSexy - A new found confidence you have provided me with!

Dawn said...

It looks like we all have our favorites, mine is selling books on Amazon and Half.com. Though I just listed a couple more things on eBay today.

C.H. said...

Hey "Doctor S" :)

My name is Charlie Hoehn. I'm working with Ramit Sethi of iwillteachyoutoberich.com and he pointed me to this post.

Couple of things I wanted to ask you:

1. Ramit just put out a private video on automating your finances and we wanted to send it to you as a thank-you.
2. His new book is coming out, and we've been cooking up some pretty interesting stuff to go along with it. Can I send you some more info and the link to the video? If yes, please drop me a line as soon as possible -- charhoehn (at) gmail.com

Thanks!

Charlie

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