eBay Mistakes and Other Things Not to Do

This is part 1 in an ongoing series entitled Powerseller Mistakes: Used DVDs is a Red Herring.

• Part 2
• Part 3

For those future Powersellers looking to find an item to sell and embark on a journey to a self-sufficient home business, for the love of Pete, don’t choose used DVDs. And while we’re at it, don’t choose new DVDs either. Take it from me, that’s an avenue that’s harder than you think and with an ROI (return on investment) that may leave you thousands of dollars in the hole. When it’s all said and done, you’ll be groveling at the feet of the crack rock known as “working for somebody else so you have health insurance for your kids.” I’ve been there and here’s some lessons that may prove beneficial if not educational. This week I will be starting a series called “Powerseller Mistakes: Used DVDs is a Red Herring”

 In this series, I’ll go over where I bought my DVDs, what business practices I used to sell them, shipping, supplies (for both shipping and office) and mammoth mistakes I made along the way and what you can do to correct them. I’ll also provide some spotlights on some people that have made a “living” selling media such as DVDs, CDs, and other mass consumed items. Though I’ve sold DVDs and CDs, you can apply any of these lessons to just about anything.

We’ll also be going over legalities too. Don’t run a business without formally declaring yourself as a business. That will come later in the week along with business features that are peddled to eBay Powersellers daily.

Continue on to Part 2

This isn’t only for Powersellers or those looking to become Powersellers (which is becoming more commonplace), this for any buyers or sellers on eBay, Amazon, Half.com, or any other venue that may prove useful for everyday people. If you have any stories or best practices learned from your past experiences (or questions), enter them below.

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