Is your business profitable enough that you quit your job? What do you sell? Where? eBay? Yahoo Stores? Tell me about your experiences please. I am thinking of trying this move.
2007-08-12 10:46:37 · 3 answers · asked by runner1 6 in Business & Finance ➔ Small Business
No, my online stores are not profitable enough for me to quit my job but I'm getting there. I have my own websites and sell gift items and sports-related gift items. Tried eBay and Amazon and they took more than they were worth.
Set up my own website - www.4specialtygifts.com and did pay per click to get started. Asked everyone I knew to click on it to get some traffic going, researched how to improve my position and played with meta tags, etc.
Be careful as it is a 7/24 job. Maybe if I had a different product, I'd have more time for myself. And something with a higher profit margin.
Good luck!
2007-08-12 10:52:43 · answer #1 · answered by magnolia 5 · 0⤊ 0⤋
Hi,
I have an online business. I am a 5 star Yahoo merchant and registered with the Better Business Bureau. I have been doing this for 3 years and I love it, but I have not quit the day job yet.
There is a lot of research that needs to go into a decision like this. You need to do market research and find a niche that is competitive ( demand for your product or service ), but, not too much so that you can't make a profit.
There are those that do well with Ebay, but unfortunately the majority of online business owners will not succeed.
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2007-08-12 19:54:19 · answer #2 · answered by booksmart 2 · 0⤊ 0⤋
No. I just started a few small seach engines and an free email provider, they're not that profitable yet. I don't recommend you quit your job, untill your business is making atleast what you do per year. my advice=do your research.
Contact me if you have Q's at: nickb@estamponline.net
2007-08-12 17:51:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋