A TIKTOK video has shown thousands of viewers a quick and easy way to start a side business.
One-third of Americans have a side hustle that brings them extra cash flow – all you need is an iPhone and you could too.
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“This is a side hustle you can do with your phone and you can literally make hundreds of dollars your first time doing it,” the poster said.
To start your side hustle, go to a local thrift store and check out the books section.
Books will make up your side business’s inventory and the best sales come from selling full sets of books.
“Next, you’ve just got to look up those books on eBay and see what they’re selling for.”
In the example from the video, a set of books from the PowerTales series was selling for $150 dollars.
The TikToker explains that books can sell at a sizable markup because many of them are taken out of print, and the only stock is old copies circulating around thrift stores and libraries.
“You buy the book, you post it on eBay, you can 10x your profits in a single day.”
The comment section was quick to point out that the video does not mention shipping processes or the possibility that some books might not have buyers.
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The COVID-19 pandemic and the employment insecurity that followed compelled lots of Americans to start a side business.
31% of the side businesses in the US were started in 2020, according to Smarts.co.
The most basic principle of a side business is that it brings in additional income.
Successful side businesses can turn into fulfilling careers where people grow not just as merchants but as self-starting managers.
