$250k Selling Spreadsheets on Etsy in Under 2 Years
I love a business where you can get paid over and over again for work you do once.
That’s exactly what Emily McDermott from PrettyArrow.com has done by selling spreadsheets online.
Ecommerce
Are you interesting in selling physical products online?
If so, you’re in the right place. Ecommerce can be a lucrative side hustle with great potential to scale into a full-time business.
In these archives, we cover Amazon FBA business models, ebay selling, dropshipping, and of course the traditional ecommerce model of setting up your own online storefront.
You’ll discover print-on-demand ecommerce models and how some side hustlers have found success in the homemade and handmade marketplaces.
Now these different “flavors” of ecommerce can vary widely in terms of how much they cost to start. With print-on-demand and dropshipping, you essentially have zero upfront inventory cost. With Amazon FBA private labeling, you might be looking at a minimum order of several thousand dollars to get your product imported and up for sale on Amazon.
Your time involvement on the fulfillment side is another factor to consider. With shops like Etsy, you’re in charge of making and shipping the product for each order that comes through. With ebay, it’s off to the post office each time an auction ends. At the other end of the spectrum, the print-on-demand services and Amazon FBA handle the fulfillment for you — but at a cost.
Keep these concepts in mind as you explore the ecommerce archives here at Side Hustle Nation.
12 Ways to Get Free Items to Flip for a Profit
One of my favorite side hustles is buying low and selling high. This is the business model of Amazon, Walmart — pretty much every store in the history of stores. You buy inventory at one price and resell it at a higher price. It works great, but you still have to buy that initial inventory.
What if you wanted to start with super low upfront costs? Turns out, there are lots of ways to get “free” stuff to resell, and I want to walk you through 10 of those methods in today’s show.
Amazon Wholesale: How I Sold $3.2M of Other People’s Products Last Year
Ever wish you could get a piece of the Amazon pie?
Corey Ganim of coreyganim.com did just that, banking $3.2 million in sales by selling other people’s products on the e-commerce giant’s platform.
And he didn’t have to deal with the massive upfront costs and headaches of manufacturing his own products.
Corey got started in early 2019 and went full-time with his unique wholesale business model by mid-2020.
He’s since built a multi-million-dollar business buying brand-name inventory at wholesale prices and reselling it on Amazon at a profit.
In this episode, Corey shares his best tips and insights featured in his book, The 5 Pillars of Amazon Wholesale and his free Wholesale Challenge training.
How One Side Hustler Turned $65 into $35k in 15 Months
When school teacher Claire McCann turned a $65 used table set into $300, she discovered a profitable new side hustle model. Intrigued by the potential to multiply her money by flipping furniture, Claire set out to hone her skills and scale the venture up.
Just 15 months later, Claire has earned over $35,000 in profits from furniture flipping using Facebook Marketplace and other digital platforms. Now she spreads her hard-won knowledge so others can succeed too through her The Furniture Flip brand.
How a Simple Idea Turned Into a $50k a Month Side Hustle
Lou Rice was breastfeeding her son Archie one night when disaster struck—she dropped her Kindle on his head!
While that experience was upsetting for both of them at the moment, it sparked an idea for Lou and her husband Ben to create a solution.
Ben fashioned a silicone strap with staples to attach Lou’s Kindle to her hand and prevent any future dropping incidents.
Lou tested it out over the next month and absolutely loved having the grip and security of the strap for comfortable one-handed reading during those long middle-of-the-night feeds.
And thus, their side hustle, strapsicle.com was born—a company now generating over $50k a month selling their innovative Kindle straps. Not only that, but Strapsicle is on pace for its first-ever 6 figures after recently going viral on TikTok and Instagram.
Sell Used Appliances: The 7 Best Ways to Get Cash Fast
Selling used appliances gave us $1100 toward the cost of new ones, and serious appliance sellers can even turn it into a full-time income.
Bootstrapping a $1M Direct to Consumer E-Commerce Brand as a Side Hustle
Ben Feys and Kevin Niehoff had a problem. As young professionals working busy day jobs, they struggled with skincare issues like acne and eczema but couldn’t find products that worked for them.
Rather than accept their fate, these best friends decided to take matters into their own hands. They dreamed of creating the “Nike of skincare” — a brand built specifically for active males like themselves.
In 2019, Ben and Kevin finally decided to scratch their entrepreneurial itch and turn this passion project into a side hustle reality. Little did they know their bootstrapped men’s skincare line YoPrettyBoy.com would generate over $1 million in annual revenue just a few years later.
How I Grew to $1M in All-Time Revenue in 3 Years, Starting as a Side Hustle
Who would have ever thought that cheese boards could earn you $1M? When we first met Monisha Misra, she had grown her charcuterie board side hustle, BoardsbyMo, to over $100k in revenue in less than a year.
Fast forward to today, BoardsbyMo generates over $1 million in lifetime revenue, and Monisha now runs the business full-time with a team of 7 employees.
Building a $15K/Month Print on Demand Business on Etsy
With her hours cut due to the pandemic and a new house to pay for, this week’s guest set out an action plan to make 6-figures in 2021.
To achieve that, Heather Johnson of HeatherXStudio.com decided to start an Etsy store selling print on demand goods like t-shirts, mugs, and other apparel and items.
Fast forward two years and Heather is now a former MRI tech who’s taken her print on demand side hustle full-time and is averaging $15k a month in revenue and $4-5k in monthly profit.
How to Turn Your Ideas Into Recurring Revenue, with Stephen Key
“To build income you can hustle, but to build wealth you need to build something that doesn’t require your hands.”
That’s what this week’s guest told me, and then walked me down an interesting path in building that elusive “hands-free” business. His angle?
Product licensing.
