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- She earned $35k profit in 15 months via Facebook Marketplace 🧐
She earned $35k profit in 15 months via Facebook Marketplace 🧐
Welcome to a fresh edition of eBiz Insider, my free newsletter packed with tips, insights and opportunities to build your online business.
Today...
$35K Profit in 15 Months via Facebook Marketplace
Your First $25K Revenue on Amazon
Sold His Unoriginal Business For $300K After 2.5 Years
Egyptian Rottweiler Guy Makes Millions
His 99% Passive Side Projects Earn $700/Month
Happy Quitter's Day
$3,771/Month Selling His Sawdust
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$35K Profit in 15 Months via Facebook Marketplace
Claire McCann is the founder of The Furniture Flip, where she teaches how to flip furniture for profits on marketplaces like Facebook and Craigslist 🪑
Claire's story via a recent interview…
When school teacher Claire McCann turned a $65 used table set into $300, she discovered a profitable new side hustle…
Just 15 months later, Claire has earned over $35,000 in profits from furniture flipping.
Her strategy…
trying to purchase inventory for 50% or below retail value.
And…
To gain more local eyeballs on her furniture listings, Claire joins Buy & Sell groups relevant to her area. She’ll join 20 or more hyperlocal groups on Facebook, in addition to broader sites like Craigslist…
Trial and error is crucial, however, as Claire needed to find what furniture shapes, colors and brands resonate in her local market. She ate the losses from her design misfires in the name of research.
Check out Facebook Marketplace and see what products are for sale in your area. Might be some furniture or other products there that you could flip for a nice profit 🤑
You could also try selling your own unused items on there for extra cash.
💡 Claire's tip for sourcing items…
if you're commuting somewhere for work or somewhere you go frequently, this is what I did when I began… I looked at my commute line.
You get it on the way back from commuting, so you save money on gas anyway. As long as it fits in the car, or at the back.
Sure, this kind of business requires a lot of leg work, but Clarie's experience proves that it can be a worthwhile side hustle 👍
I also like how Claire is now leveraging her success to teach others and scale her business.
For example, on this page she's selling a $10 digital guide and offering consultation calls.
Smart 😎
Your First $25K Revenue on Amazon
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Sold His Unoriginal Business For $300K After 2.5 Years
Noah Bragg is the founder of Potion, a Notion-based website builder.
According to a recent profile, he sold it last April for $300,000 😎
It all started in Nov 2020 when Noah tweeted…
I'm going to start a new SaaS and build in public starting tomorrow!😃👍
And he did just that. See some of his popular tweets here.
One tweet summarizing the business journey…
I took 2 months to build the MVP.
On day 2 of early access, I got my first customer.
And within the first 3 months of launch I got my first 75 users, which all came from Twitter.
From the aforementioned profile…
Next, Potion got more eyeballs when he launched it on Product Hunt [and got the #1 product of the day.]
😕 But it wasn't all plain sailing, as Noah notes that he hit…
6 months of plateau in mid 2022.
He broke out of that and…
I built it up to $6,300 MRR.
But I was ready to move to a new challenge and it seemed like it might be a good time to sell Potion and harvest the value I've built.
Then…
I ended up selling Potion for $300k! 🎉
I'm really happy with the outcome.
The most interesting thing to me about Noah's story 👇
Potion wasn’t the first Notion-based website builder. It has plenty of competition from the likes of Super.so, Simple.ink and Feather.so.
Which goes to show that you don't need to have an original business idea to be successful. There's often plenty of room for several similar products to succeed in the market.
Simple.ink also ended up selling for 6-figures, and founder Ch Daniel acknowledged…
We weren’t the first Notion website builder.
His advice…
Don’t copy as in steal. But copy and add the things you think you can do better.
You’ll always figure some stuff out you can do better, even if it’s down the line.
🗂 Egyptian Rottweiler Guy Makes Millions
From the archive, published June 2022…
I first heard about Ahmed Sobhy via this short profile.
He’s a guy from Egypt 🇪🇬 who started a Facebook page about the Rottweiler dog breed back in 2012 (first post).
Apparently the page gained 200,000 followers in the first few weeks, and Ahmed has gone on to grow…
An Instagram account to 603K followers
A TikTok to 448k followers
A YouTube channel to 1.14M subscribers
That last one is probably the big money-maker for Ahmed. Social Blade estimates the channel’s annual earnings between $145,200 and $2.3 million 💰
Crazy that someone can make millions mainly by sharing memes and videos of the 8th most popular dog breed.