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December 11, 2004
Todd Taylor Knows How To Sell On eBay!
On December 3, 2004, I walked into a hotel in Orlando, Florida and was immediately approached by a tall, husky man with an outstretched hand. He said, "My name is Todd Taylor and I flew here from Pennsylvania just to meet you. Can I take you to dinner?"
Todd explained that he had used my eBay information to open a clothing business on eBay that was generating a SIX FIGURE PER MONTH income. Even more astonishing is that he began in May of 2004!
Todd also told me about a conversation with his daughter Sarah on her 11th birthday. It seems that Sarah had received some money as a present. He said, "Sarah, you can take all this money and spend it. Or you can take a part of it - $60 - an invest it in your own auction. I will sell you $60 worth of clothing at my cost and help you put it on eBay. You will double your money, minus eBay and PayPal fees".
Sarah wanted to think this proposition over and after two days told her dad that she wanted to invest her money.
Her auction was so successful that she now has a thriving business of her own. Sarah and Todd have done the numbers and are sure that by the summer of 2005, she will easily make $2,000 each month in her part time business. By the time she graduates from high school, she will have $180,000 in the bank!
Eight year old Josh is so impressed with what his sister is doing that he wants his own business, too.
What an incredible legacy Todd Taylor is giving his children! And in the meantime, Todd is negotiating a short term lease on a warehouse until he can buy the land to build his own warehouse and office complex. Investors are eagerly seeking to put money into Todd's eBay business.
Todd gives me the full credit for his success, but is this really true? Of course not. There are two components to success: correct information/knowledge and the willingness to take action. Each is impotent without the other. Many folks acquire the knowledge they need - but then never DO anything with what they've learned. Todd has a determination to make things happen and no one can "give" that to another person. Todd modestly assures everyone that he is just an "average" guy with no special qualifications. I doubt if his children would agree - I know I wouldn't!
Posted by SydneyJohnston at December 11, 2004 3:05 PM
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Comments
Yes, there are all sorts of ways to earn through any market. Low overhead is best way to start without any signifigant startup funding. I usually assume a 10% loss from fees and taxes.
My blog is here about ebay at Dealability.com
Posted by: Randy at June 30, 2006 10:06 AM
