Risk of Going Full Time | Ramblings of an e-trader

Saturday, 25 August 2007

Risk of Going Full Time

It is well known among the eBay Malaysia circle that there is a young university graduate who is a full time eBayer and doing good business too on the eBay parent site and earning PowerSeller status too.

The other day, after such a long time, I checked out the eBay forums and discovered that this particular member is no longer a registered member (NARU). Well, I do not know what happened that eBay deemed it necessary to strike him off the marketplace but from the transaction history on his feedback profile, I gather that he has been relying on a dropshipper to supply his products and it is common knowledge that dropshippers are not reliable.

Since he is a full time eBayer, the blow must be great. Moreover, he is a guy and not a girl eBaying as a hobby. To make a livelihood through eBay is very risky indeed.

I think he could continue with his business on eBay by registering an account with a different name but it's too much hassle. Also, he could set up an online store too but the traffic would be great. Not at first, anyway.

The bottom line is, it is very risky to put all eggs in one basket.

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