Creating An Entrepreneur Snowball

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