Forums: Discussions for entrepreneurs and small business.

Seriously, any business, whether online or offline is going require some serious time, energy and money.

Make a list of what you like to do, your interests and your hobbies. (List 100 things, some of them will be keepers, others no)

Then, go on ebay. Look at what`s already working and match it with the things on your list. That`s a huge step right there. Book mark the ones that get you excited and passionate. You can back-engineer what they`re doing and you don`t have to fumble around in the dark.

Good luck:)
Enigma Valdez

Hi,

I remember reading an article on the subject some years ago, and this is what I remember:

1. Be very careful on what you choose. There is a lot of people out there trying to sell you ebooks about it, telling you how to make money fast, without doing anything. Forget about that, it`s not gonna work.

2. Higher margin goods are the most interesting thing to sell, as you don`t have to do as many sales to make the same amount of money. In the article I read the example was between selling luxury bags and accessories, and DVD movies. If you think about the time and cost of selling movies, here you have to make a lot of adds to make maybe a $2-5 profit on each item. Selling items with a higher value might help you make many times more per sale, but you need to study the market carefully, and get some good (and honest) suppliers for your goods as well.

I hope you all the best :-)



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