New Business's Spring Up In Spite Of Hard Times

Published: 27th June 2011
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In this time a JOB seems the only way to survive. Yet we are limited by the skills we have and how those fit into what ever company we are employed with. Along with your personal factors such as age, race, gender, and of course personal appearance. All these factors limit what you can do in the typical Brick and Mortar workplace environment.
Many people are now turning to the internet as a source of either supplemental income and in some cases a replacement for the conventional ways of earning a full time income.
This article is about one such individual.. His name is Mike Teachnor (real name) and his story, while still in the making, is only one of millions of people out there struggling to make ends meet. Here's his story.
Mike is a high school dropout. Raised in the 70's with a happy go lucky attitude. He was always able to find work, though not the best due to his lack of education. (pay attention Kids) He finally went to computer school to get a trade he could market and for 20+ years it was great! Now he finds himself in his 50's and due to many life events realizes, I have no retirement, I can only keep doing what I am doing for the next few years and then nothing. Social Security has failed! Soon I will be broke and out on the street with no way to support myself or my family! Too old to start a new career he had to think of something and had to start it NOW! This is what he did. With almost no money to invest he went to the internet seeking answers. This is one solution that is working for him.

Drop Shipping seemed the perfect fit. Now he could open a online store and sell almost anything he wanted without having to buy anything. Just find the product, set the price, write an ad and collect the money. Then go to the supplier and buy the item and have them ship it to his customer while pocketing the profit. Sounds easy doesn't it? Well he found there is a lot to learn in running a drop shipping business. First, don't fall for these con-artists's trying to tell you they will train you to do internet business. It will only drain your few precious dollars from your pocket and give you very little. After you have learned all they have to offer what you find out, is all that information was out there for free. Check out EBay's university, it's the best resource out there for selling on the internet and it is FREE! Anyway, Mike keeps plugging away at this business everyday making some headway and making a lot of mistakes. He learns something everyday and then endeavors to apply the new found knowledge to his business. His number one focus is customer service. Without customers there is no business. Second, finding the items people are looking for at a price even he would buy. Searching for new and diverse suppliers, this will expand his inventory and draw even more customers into his store.

Mike started out with selling on Ebay 3 months ago though he has been an EBay customer for years. His business has grown from 2-3 items a week to over 3000 strong at any one time. He has Electronics, Housewares, Jewelry, Toys, Novelties, Cameras and camera equipment, just to name a few. His income has grown from loosing money to the tune of $100.00 + dollars per month to now showing a profit of over $1500.00 in the bank. Now you may think, "That's not to impressive" True but remember he is on track to continue this growth for the many years and in 5-10 years have a sustainable income that won't be dependant on anything but his ability to keep supplying good products at a fair price. Not bad for a high school drop out! So if you are getting down about the way things are going, do what Mike did, change it.

This article is free for republishing
Source: http://michaellemichaels.articlealley.com/new-businesss-spring-up-in-spite-of-hard-times-2299323.html


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