A while ago, when I was still in college, for a short stint of time I was a computer consultant. So I was an entrepreneur for a short stint of time (not even a full year). I could have continued with this route, but I decided I would be better off getting a bachelor’s degree in Computer Science.
Four years ago, I got the entrepreneur bug again. But this time I didn’t have the free time or money to start such an endeavor. I didn’t have the free time because I had a full-time job, not to mention spending time with my kids. I didn’t have the money because I was still paying the mortgage on my house.
So what I did I do?
I decided to start a small business selling merchandise on eBay. My spin was I bought the product online and would end up selling it on eBay where it would be bided up to a 50 to 100% premium over where I bought it. I didn’t have time to sell many units, so I limited myself initially to two products a week. Later, after I got comfortable with the process, I was selling four to five units a week. I was fun, exciting and fresh!
I stopped selling stuff on eBay because the supplier I use to buy from discontinued selling the product I was selling. I couldn’t find the product anywhere else for such a bargain price.
Next, I took some of the money from selling my product on eBay and started this blog (www.moneyreasons.com). While not making as much as I use to make on eBay, it’s still a lot of fun, and by far the best hobby that I’ve ever had! I will keep blogging for years, and any money that it generates will help fund future entrepreneur activities.
I’m not sure what the next entrepreneur activities I will be involved with. It might be a simple expansion of my blogging activities with the creation of additional blogs, or it might be something all together different. I may even use the money from blogging to help with the down-payment on real estate, if blogging starts to take off.
For the next few years though, I hope to continue to refine my writing and develop a following. We’ll see, time will tell 🙂
Do you have any entrepreneur plans in the near future?
-MR