Careers
Lawyer earns ‘double wage’ with eBay enterprise stemming from his ‘purchasing gene’
A lawyer with “the purchasing gene” has turned his love for bargains right into a enterprise on eBay that made $120,000 in gross sales within the yr ending in September, in keeping with a narrative by Enterprise Insider.
Yinka Ogunsunlade’s first expertise with eBay was as a purchaser, snapping up soccer and basketball jerseys that had been “all the trend” within the early 2000s, he tells Enterprise Insider. His first sale occurred when he was dwelling for the vacations throughout regulation faculty and offered an undesirable current his mom acquired—a fragrance set.
“I offered that merchandise pretty rapidly, and thought: If I can promote one thing I do know nothing about, I’m certain I can promote gadgets that I do know lots about,” he tells the publication.
He started promoting gadgets from his personal closet after which began looking for cut price clothes in shops that he might purchase and resell. He tells Enterprise Insider he loves to buy, having acquired “the purchasing gene from my mother.” In regulation faculty, he centered on gadgets from Neiman Marcus Final Name and Saks OFF fifth.
At first, he took pictures of things with worth tags and went dwelling to learn the way a lot comparable gadgets had been promoting for on eBay. Then he would purchase the gadgets with the very best potential for revenue. Now he can do the worth test within the retailer with the eBay app.
He made sufficient cash in regulation faculty to pay his cellphone invoice. Now, Enterprise Insider studies, he has a six-figure reselling enterprise he calls Fashionably Authorized. His best-selling classes are athletic footwear and attire.
The additional earnings supplies a “double wage,” he says. “It simply modifications your psychological make-up—figuring out that you simply don’t should rely particularly on a 9-to-5 job that might finish tomorrow,” he tells Enterprise Insider.
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