A British fashionista turns £20 into £2,000/month flipping her vintage thread finds online.
Side Hustle School features a new story EVERY DAY of someone who started a hustle without quitting their job. You’ll learn how they got the idea, how they overcame challenges along the way, and what the results are.
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This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
Welcome to a new week had a good reselling story: Leninist Critical about the societal school. I just wrapped up a bunch of coming for a couple of upcoming linked in courses and is part of that
Some stories about my reselling days want, I used to finally saw a kind of stuff it was. It was my entry point into entrepreneurship,
My every point into finding a new way of life for myself actually makes it to me traveling the world in being an aid worker and doing all kinds of other stuff came later and as part of this course, I also did a comparison. We looked at different business models based on ease and excessive
Recently reselling pretty much came out ahead of everything else. On those criteria, then I did some pros and cons of each business model. Here's the funny thing-
had a hard time thinking about the kinds or disadvantages of resource
in the end. For me many years ago I just moved and other things like there are other
and I wanted to do- maybe the only downside was I I-
I wasn't really changing world. If I really wasn't you're making an impact in some way. So that's why I wanted to move on, but in terms of a bit-
model. There's why not anything wrong with it at all? That's why I still believe it's a great entry point
even a final destination for a lot of people who want to enter this world of earning money apart from their job. So here, but about that today, in this story, a british fashioned Easter turns twenty pounds into two thousand pounds a month flipping her vintage threads online. Stating that story is coming up in just about thirty seconds.
From a young age. Rachel Sadler Birmingham, England, has had a love affair with fashion, while many of her peers, headed to popular by
stores to spend their hard earned allowance. Rachel set our sights on something a bit more old school. It wasn't just a thrill of behind that. Had our hopping from thrift store to bend to chide away, it was a desire to find something that was uniquely hers. She had a personality that stood up and she wanted her wardrobe to reflect that we were not to university. She studied fashion design, naturally fishing grounds
Rachel opted to take a year off to travel the world with her boyfriend when they found their way back home after months of camping, they were broke. She knew she should be looking for a full time job, but Rachel first took her last twenty pounds and indulge in a little retail therapy. That's where our story begins with twenty pounds and a pastel covered, zebra print jacket, which Rachel assures us was much coordinates out when she got home. She ask Europe to take a photo of her wearing her funky new find. Then she recalled something her sister had said to her in passing about an online platform called a so marketplace. It was a fashion website provided a chance for small boutiques to sell their own label or vintage collections without the need of opening a bricks and mortar establishment.
Since the steep overheads were pretty much the only thing, keeping her from opening her own vintage storefront. She jumped to the opportunity to sign up as a seller. She named or new shop Etas Attic vintage
she wasn't relying on the shop to pay the bills just yet because this was a sight also. After all, she worked a few waiters gigs,
finally lending a job. Designing window displays for a large clothing brand and whenever she wasn't artistically, posing manacles, she was scouring her work or thrift shops in pursuit of more promising items to flip her very first sale. You guessed it that pastel colored zebra print jacket. Apparently it wasn't so bad. After all, with that sail, she urged her first
my parents are about thirty dollars. She got a taste for the recent lifestyle and she wanted more. Rachel knew that the best way to get her threads in front of her target audience was by using an established platform like a source marketplace,
but after spending roughly a year selling their. She also noticed a few pain points they charged a hefty twenty percent commission on all sales now is on top of a monthly fee for rent. She also found a customer sometimes got confused with a so the brand in their marketplace silks and she had a few issues with returns, being lost and sent back to basics, but the straw
broke. The well dressed camel's back happened. Two years in a customer ordered one of Rachel's favorite items, inexpensive, sheepskin, swayed coat. She was pleased when she felt that it had found a good home, but then all hell broke loose. The customer broke the zipper and stained it and then proceeded to complain to associate the product was damaged to begin with, unfortunately, associated with the customer. I was just too much Horatius fashion, loving heart to forgive. She called it quits and moved her shop to Etsy platform with a much lower commission and some fantastic seller tools.
Few years later. A lot has changed for both Rachel and EVA Attic vintage. She lost her own website using shop, a fight in addition to our Etsy Shop and she's expenditure offerings to include personal and group shopping. Tours
in Birmingham London in Nottingham using event, bright and urban, be that's right, throwing around sixty dollars. You can scour the rocks with Rachel and even get some expert advice on your luck
she also wave goodbye to her position as a window display designer, although she'd enjoyed it, she started to feel like a square peg and around hole, so after three years should cut her hours back and then quit entirely to focus more attention on avis
vintage these days. Rachel brings in anywhere from two thousand and three thousand pounds a month. That's about twenty five hundred to thirty seven hundred dollars.
Are those looking to embrace their love of vintage clothing, perhaps sell it like Rachel you're, like she's, got a few recommendations for you mainly listen to the right advice.
She'll says that there were a lot of naysayers in the beginning who told him
couldn't make a living doing something she locked should allow people who don't work for themselves
what sort anything online it tell you what's possible next, to focus on specific keywords to help. You rank highly in Google since vintage fashion trends
having up find ways to narrow in on specific markets like fifties and sixtys, housewife trends or seventies flower child trends, so that potential customers know exactly what they can expect from your clothing options and last don't well and mistakes or wish that you could have done something differently. Mistakes led to change in progress, don't be afraid of failure. You can always try something else. Moving forward, Rachel is looking to grow. Her benches shot, he's also eager to expand or shopping tours and begin designing her own pieces to make available for
no matter what she ends up doing next, we're pretty sure she'll do it with style self reselling is still very much a viable option, as I said in terms of these inaccessibility suddenly out of business model. That is as simple as this can do it right now. You can do a lot of places in the world. You can also start with a single item. Dislike Rachel did just like I did more than twenty years ago in Rachel story. Share that one jacket she salt, when she was like whom I wonder if I could keep doing this and then from their presumably, she went on to build inventory. Some are frequently etc. It all started with that. First jacket.
Time as you do this, your sighing vintage clothing or something else, but probably get a sense for what sells you may not know right away, but as you do it more more able to spot something and say: oh I'm pretty sure, that's going to be very desirable or perhaps maybe not and you'll find that a lot of yourselves spit into one of three categories have stuff that sells consistently and for a decent profit,
stop that sells right away of highly desirable and or at high profit, and then you can have stop. It doesn't sell that well off, so naturally, over time. You want to avoid that third category wherever possible, then you can either focus on selling a bunch of stuff consists
earning a small profit but running it over and over, or take a bit more of a risk and try to only
more desirable items, more exclusive
or more unusual items. You can earn higher profits or you can of course do a mix of those two things
and sometimes you don't really know until you get going,
As you go along tend to specialise, you are and what people like you are and what you have access to, what you're good at what you're interested in and so on, but again a viable option,
You can start from where we are in the world or at least lots of places in the world, and you can start with a single item.
We like to learn more about avis, attic, vintage. You come check out a show, notes, Sicel school dot, com, slash, nine for seven be back
and tomorrow in the whole week we got all kinds of stuff come enough. Inspiration is good, but instead
What action is better? Thank you. So much
listening. My name is critical about this is site us all school.
From the onward projects.
Transcript generated on 2020-04-26.