ResolutionsIt’s been a while since I last posted so let me first start off by saying Happy New Year to you and your family!  I hope you’re in good spirits and already a few days closer to achieving your goals for 2014!

This is the New Year’s Resolution post that I intended to write on…wait for it…yup, New Years!  However, I was hit with a cold or flu or something that pretty much knocked me out for the first two days of the year.  Not the start I wanted to have but I’m feeling much better and ready to forge ahead with another great year.

One of the many great things that I love about January 1st is that it offers us a great vantage point in our lives; it allows us the opportunity to not only reminisces about the past year but to also look ahead at the possibilities of the upcoming one.

2013 was without a doubt an AMAZING year for me on eBay but I’m expecting even bigger and better things in 2014!

So what exactly do I hope to accomplish this year?

Well, if I can sum up my goals in one word it would be this:  Expansion!

To call this my New Year’s Resolution would be a little inappropriate because this is a strategy that I’ve actually been implementing for several months now.

For example:

-I recently opened another eBay store (that makes two now) and each store now has over 1000+ positive feedbacks.  This was something that I’ve wanted to accomplish for a while now and I’m hoping it will increase buyer confidence and eventually sales.

-I’ve increased my monthly sales goal to $10,000 per month (read about it here).  This is HUGE undertaking to say the least and it’s definitely going to take some time (and some hard work) to accomplish but I’m already starting to see improvement in my sales and I’m optimistic that it can be done because of my next point which is…

-The number of thrift store brands and items that I look for has skyrocketed!  Those of you who purchased my Updated Reseller Guide (thank you so much for the support!!) should now have something valuable to search for in just about every corner of the store.  And you know what?  I’m still expanding into different niches including women’s athletic apparel (potential Update Alert) where I’ve already found several gems including these.

By the way, finding these items were well worth the “weird” looks I received because I was looking through the women’s section lol!

Studio Pants

Sold for $41.00

Sports Bra

 Sold for $36.00

My Pet Projects for 2014:  Multiple Streams of Income

Multiple Streams

 

Continuing with “Expansion” theme of this post,  the two projects that I’ll be spending a lot of time with this year are Google Adsense and the Amazon Affiliate Program.

Adsense is a program operated by Google and it allows website owners to earn revenue by allowing Google to run targeted ads on their site.  Basically, you earn revenue every time someone visits your site and clicks on your ads.  I’ve been trying this on the side for several months now and my biggest earnings so far was actually this past December where I earned $206.20.

The Amazon Affiliate program is another free program which allows you to market and promote any of the millions of products sold on Amazon.  You earn a referral fee (commission) any time someone purchases a product through a personal affiliate link that Amazon provides.  So far my biggest month earning has been $27.

There are two (2) reasons why I decided to branch out into different programs:

  1.  It’s good to diversify.  Ebay is a great way to make money online but there are many more opportunities available.  There are thousands of people just like us who are enjoying tremendous success on these other programs so why not us right?
  2. I like the idea of passive income.  The hard work for many of my sites (website creation, article writing, posting, etc) has already been finished months ago and they’re still earning revenue to this day.  The goal now is to build as many of these sites as possible!

Reselling thrift store items on eBay is still my #1 priority and I don’t see that changing anytime soon – it’s just way too fun and profitable!  However, I do see the massive potential in Google Adsense and the Amazon Affiliate Program.

This is how I see my days playing out:  I’m most productive in the morning so I’ll be using that time to visit thrift stores and list items on eBay.  The late afternoon and evenings, however, will be spent writing, researching, and overall just trying to improve myself in these two endeavors.

My goal is to eventually earn $1,500 per month from EACH of these programs by the end of the year!  As you can see, I have a LOOOOOOOONNNG way to go but I’m excited by it.  Having multiple streams of income will also make it easier to reach my ultimate goal of earning $10,000 per month.

So that’s what I’m doing this year.  How about you?  What are you excited about?  What goals are you looking to achieve?  Challenges you want to overcome?  I’d love to hear them!

Thanks again for all your support and here’s to an AMAZING 2014!!

Cheers!

Meinard

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