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Ebay Entrepreneurs Make Online Auction a Career
I made enough money on ebay to justify the purchase of an IPAQ PDA but did not realize a significant number of people make a living using the service.
Every day in Australia, 2000 full-time eBay traders sign on for work, and the number is rising. They make their living selling everything from antiques and computers to frozen fruit and steering wheels.
In Australia, eBay auctions accounted for $600 million in trade last year.[snip]
... Mr Elias focused on auctioning offbeat items such as alcohol breath testers and digital pedometers. Now he has two people working for him, a warehouse for his stock and claims he works less than two hours a day. These days he sells small all-terrain vehicles (ATVs) and petrol-powered scooters.
"I don't see the goods, I don't see the customers and I don't see the money. I just see it in my bank account," Mr Elias says.
Due to finish his law degree this year, Mr Elias has no plans to practise law. "All my friends are looking for those coveted (graduate) positions but eBay's a better way to make money. I'm making more than I'll ever make as a lawyer."
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Posted by tim at April 4, 2005 9:10 PM
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