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 line with a narrative by Business Insider.
Yinka Ogunsunlade’s first expertise with eBay was as a purchaser, snapping up soccer and basketball jerseys that have been “all the craze” within the early 2000s, he tells Enterprise Insider. His first sale occurred when he was house for the vacations throughout legislation college and offered an undesirable current his mom acquired—a fragrance set.
“I offered that merchandise pretty shortly, and thought: If I can promote one thing I do know nothing about, I’m certain I can promote gadgets that I do know quite a bit about,” he tells the publication.
He started promoting gadgets from his personal closet after which began trying to find discount clothes in shops that he may purchase and resell. He tells Enterprise Insider he loves to buy, having acquired “the purchasing gene from my mother.” In legislation college, he centered on gadgets from Neiman Marcus Final Name and Saks OFF fifth.
At first, he took images of things with value tags and went house to find out how a lot related gadgets have been promoting for on eBay. Then he would purchase the gadgets with the most effective potential for revenue. Now he can do the worth verify within the retailer with the eBay app.
He made sufficient cash in legislation college to pay his cellphone invoice. Now, Enterprise Insider stories, he has a six-figure reselling enterprise he calls Fashionably Authorized. His best-selling classes are athletic sneakers and attire.
The additional revenue gives a “double wage,” he says. “It simply modifications your psychological make-up—understanding that you just don’t should rely particularly on a 9-to-5 job that would finish tomorrow,” he tells Enterprise Insider.
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