3 Tips For Creating Your Own Financial Independence With eBay

by Nicholas Ebuka Okonkwo on July 9, 2009

in Strategies

Financial Fireworks

Financial Fireworks

July 4th has come and gone, barely seen in the rear view mirror.

Hopefully, it meant more to you than a mere holiday celebration especially for those living here in the United States. If you live elsewhere around the world don’t worry because you are not excluded and your country’s independence anniversary will provide an equal opportunity to tap into the true meaning of this day. Though celebrated as a day of political freedom, July 4th like any other country’s independence is a day to make financial freedom a worthy goal.

Political and financial freedom are one and the same. They go hand in hand, side by side. So the independence celebration we just had was actually a good reminder to many who aspire to be free from financial worries. But the more you look in the horizon, it looks like the forest is fast receding beyond your grasp and for awhile creating doubt whether you will ever make your dream a reality.

Most people don’t realize that they lack financial freedom much less looking for ways to attain it. Think of it, how many people today have their finances tied up in taxes? How many people are cap in hand seeking one form of government support or the other even as we are being told by the same government that there is no money? While a lot of people still look up to government, a good number have chosen to take care of their well-being by themselves.

If you are just starting out or thinking about how to make money online and the whole picture seems a bit daunting, take it easy and follow the path of many who have found true success on eBay, creating powerful income stream with little or nothing. This is even urgent because as many people lose their jobs and economic forecast worsen, you need to depend less on government and more in your ability to create good income opportunities for yourself.

Three things you must follow religiously if you want to make money with eBay, or ignore these tips at your own loss.

First, you need a model of what works.

Second,  make it work for you by being disciplined.

Third, promote your business.

WHAT WORKS: One of the problems in the internet marketing is a flood of information available to anyone online. Whether a paid or free content, there is never a shortage of information. But this is not so good especially if you are starting a new business and without adequate guidance, you could be lured away by slick salesmen hawking on product or the other in exchange for your valuable cash. The first law of success is simply to model others who have attained the level of success you desire. These two examples will illustrate my point.

Best-selling author, Robert Kiyosaki of Rich Dad, Poor Dad shows in his book how as an unpaid apprentice to his Dad’s best friend, he learned to succeed by modeling after this successful man. Kiyosaki who is very wealthy was mentored from an early age on how to succeed. Didn’t  you grew up hearing that imitation is the best form of flattery?  Enter a mega businessman, also a best-selling author of Think Like A Champion, billionaire Donald J. Trump who also at an early age learned from his father the art of the deal, making money in real estate. It works to model after successful people if you want to avoid sharks and wolves that parade the internet business looking for unsuspecting victims.

On making money with eBay, there is one Justin Boyce with My-Kind-Of-Magic program that makes it easy to cash in on eBay wealth. I use it in my business and it works like crazy. So if you are looking to join successful online marketers, then this is a very good place to start your journey. Read every single print, play every single video because you won’t be disappointed.

DISCIPLINE: Avoid Shining Object Syndrome (S. O. S.) You will need the guts of David to face the onslaught of Goliath internet marketers and slick peddlers. Of all the tips in this world, please avoid Shinning Object Syndrome and stick to what works. Don’t monkey away your mind with wasteful ideas until you start making money yourself. As someone who has been there and done that, I see no gain in trying almost new ideas in the market. Buying up all the ebooks in the hope of making it on eBay or internet marketing will not help you. You are only draining your wallet of liquid cash if you fall into that spending trap. In time, if you stick to My-Kind-Of Magic, you will perfect the system and earn like many others.

PROMOTE YOUR BUSINESS: Alvin Phang of GatherSuccess is one aggressive hell of a promoter who is never wimpy when it comes to self promotion. He will be in front of a camera or do almost anything to talk about himself and business. It pays him in a big way, as month after month, he proves his efforts with fat checks and direct deposits. I learned a few things from him about not giving up in promoting one’s business. So use all combination of offline and online means to promote your business. A lot of people would depend on traffic from search engines like Google, Ask, Bing and others to make money, but that is not a smart move by itself because you are essentially tying your success at the mercy of these gods. Use other tactics like placing your business and post cards in public places with high traffic. Places like cinemas, supermarkets and theaters are some examples that come to mind. I’m sure you know more places than I can mention here.

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{ 2 comments… read them below or add one }

1 RossDalangin July 9, 2009 at 8:58 PM

Making money online using Ebay is a good choice to start with because there are so many potential buyers. Look at this way, you are presenting your product or services in millions of people. You need to have some motivation in order for them to buy. It's also essential that you first focus on creating good standing because many people who are really familiar with ebay check first your status if you are good ebay merchant.

You are correct when you say to find a good model. Be observant, check for those ebay merchants with a tag powerseller and check if you know something about the products they are offering, check also if the products can be duplicated so you can have good and steady flow of income.

It is also important to have FOCUS since there are so many information, try the first one that attracts you most and stay on it. When you have an ample time to try the next opportunity then study and make action. Action is really the key. Good luck and hope you achieve your goals.

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2 TheApprentice July 9, 2009 at 10:59 PM

You made a couple of interesting points especially motivating buyers, observing what Powersellers do on eBay and duplicating their success. I also like the part of taking action. That's the point of this business. Motivation, duplication and action!

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