Being a full-time eBay seller is living the dream: making a real income, working from home, being your own boss and all the rest. It is the promise of a million scams, and it is finally come true - at least for some.
What they do not tell you in the success stories is that becoming a full-time eBay seller is not for everyone. You really, really ought to try it part-time before you even consider taking it up full-time. Even then, be cautious. Before you burn your suit, here is a list of questions you should ask yourself.
How Much Do I Earn From eBay Now?
Figure out how many hours a week you spend doing eBay-related things (be honest here), and divide it by the average amount of profit you make in a week. If you were doing full-time hours, would you earn as much as you earn now?
Do I Have a Good Job?
Think about what you might lose if you give up your job to focus on eBay. Promotions ahead? Health benefits? Savings? Matching 401ks? Paid vacations? Paid holidays? Paid sick days?
Would I Really Make Much More Money?
Whether you would make more money on eBay really depends on what kinds of items you are selling. Unless you are selling a large amount of small goods, most of what you do on eBay will be waiting for auctions to end, and you can wait at work just as easily as you can at home. For low value items, going full-time could be a good move. For high-value ones, chances are you will hit the limits of how much money you have to invest in inventory long before you hit the limits on your time.
Is My Home a Good Place to Work?
Apart from anything else, you might find that the dream of working from home is more of a nightmare in reality. People can (and will) start to expect you to do things during the day - when you should be working. Spouse, kids, and relatives- as soon as they find out you are home during the daytime hours, they expect you to spend time with them. And, as soon as you give in and stop work for a while, your profits will fall.
Can I Survive if it All Goes Wrong?
The real test is whether or not would you be able to get by if you had a month or two where you sold literally nothing. Or would you be desperately looking around for a job and cursing the day you ever discovered eBay?
If you made it through all these questions, then I guess you are cut out for the eBay life. Even if you did not, you would be surprised just how far you can get part-time.
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