"I've invested my HSA money like the fiscally savvy do, lived the no-car and roommate lifestyle like the "super savers" do, and even hired a life coach in the name of "investing in myself." Most recently, I've been experimenting with e-commerce, launching a pickleball paddle company to see what it actually takes to sell a product online after years of interviewing top Amazon sellers."
"Reselling items, specifically clothes, on sites like eBay, Poshmark, and Mercari seemed different. If you're starting with items you already have lying around your home, it requires zero money to get up and running; all you need is a smartphone to download the selling apps and take photos of items, plus a bit of your time to list items and fulfill orders."
"Well, I stopped almost as quickly as I started. Here's what happened. I downloaded two popular clothing resale apps: Poshmark and Mercari. Of the two, I found Poshmark a bit easier to use, largely because of its AI assistant, which essentially builds a listing for you, including descriptions, titles, and tags, after you upload photos of your item. As someone who doesn't know clothes all that well, this was particularly helpful."
Experiments included investing HSA funds, living car-free with roommates, hiring a life coach, and launching a pickleball paddle company to learn e-commerce. Interest in rental real estate and passive income from content creation persisted, but time, money, and bandwidth were limited. Reselling clothes on eBay, Poshmark, and Mercari required zero cash to start when using items already at home; only a smartphone and time to photograph, list, and fulfill orders were needed. Reported upside included side hustlers earning substantial income. A minimal closet still contained unworn items, prompting a reselling attempt that ended almost as quickly as it began. Poshmark felt easier due to an AI assistant that generated listings, descriptions, titles, and tags from uploaded photos.
Read at Business Insider
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