Helpful Articles

How two guys in their 20s built a $150,000 side hustle selling T-shirts on Amazon

Neil Lassen was 19 when he took a job pushing carts at Target for $8 an hour. He hadn’t graduated from college and didn’t have many options.

“This was both a blessing and a curse,” says Lassen on his blog, Passive Marketing. He describes himself as a normal guy from Wisconsin with crazy hair.

 

Is it Time to Sell Your e-Commerce Business?

Yes, you CAN sell a business that trades only through marketplaces like Amazon. Victoria Duff explains when to sell and what to expect.

In the beginning, you read books and articles and researched products as you planned your entry into ecommerce – a very personal investment of hundreds of hours of work and many sleepless nights. Your business is your creation and you were thrilled when you booked your first revenue.

Over time you made some mistakes, but also had moments of genius, and now you are wondering how you can take advantage of all this hard-earned experience to expand your enterprise. Perhaps you are also wondering if you should just cash out, take the money, and run.

In a normal year, I evaluate at least 250 web-based businesses – Amazon, Shopify, eBay, and independent ecommerce websites. I work with the people who are selling those businesses and I also work with the buyers. Although mergers and acquisitions of web enterprises are still a relatively new business activity, there are emerging industry standards and good business strategies that you should know about as you make plans.

Found on: http://www.webretailer.com/lean-commerce/page/4/?source=home