Making money as a hobby (45)

1 Name: Anonymage : 2015-10-08 19:48 [Del]

I'm a pretty boring person. I don't play video games much anymore, but when I did I always enjoyed collecting money in-game or playing "tycoon" style games. Outside my normal job (and imageboard stuff...) I spend most time time making money as a "hobby".

I mainly flip stuff on eBay and do freelancing stuff now. When I was younger I sold water bottles and soda on the sidewalk of the college I dropped out of. And no, I'm surprisingly not Jewish although I frequently get mistaken as a Jew.

Does anyone else make money as a hobby or is anyone at least interested in it? Just curious.

2 Name: Anonymage : 2015-10-08 20:05 [Del]

I used to do a lot of CPA marketing, mostly media buying for rebills, but the vile nature of the industry eventually turned me off. I lived off it for years, but it was a hobby in the sense that I never turned it into a legit business and was quite enjoyable because it combines creativity with data analysis.

I'm hoping to start a small private label brand using Amazon FBA, and even applied for a grant from my government. Just waiting for that to be approved or not. From what I hear, FBA is far superior to eBay in terms of not getting randomly banned and dealing with complete assholes.

3 Name: Anonymage : 2015-10-08 20:12 [Del]

>>2
I've considered doing FBA for new products, but most of the products I sell are used and one off items. Dealing with assholes is a big deal on eBay if you care about your seller rating, which I don't. If someone is unhappy (not very common, less than 3% or so), I make them file a case with eBay to resolve it.

And grants are a great source of income, but prepare to spend hours on the phone with a bureaucrat unless you have someone manage that for you. If you don't mind me asking what agency are you submitting it to? Is it an SBIR/STTR grant? Those are great. I actually know a few things about SBIR grants myself.

4 Name: Anonymage : 2015-10-08 21:40 [Del]

>>3
I'm not in the US or any other big country. It's a small business grant for unemployed people. I had to write a 50 page business plan and am now waiting to hear back from them.

> I actually know a few things about SBIR grants myself

You should post them for others' benefit.

5 Name: Anonymage : 2015-10-08 22:17 [Del]

>>4

>I'm not in the US or any other big country. It's a small business grant for unemployed people.

I thought about that after I made the post, I kinda feel silly now. Well good luck anyway, I hope it goes well for you.

>You should post them for others' benefit.

The information is pretty scattered so I don't think a post would do it any justice. Plus I don't understand the whole process, just aspects of it. I don't have the connections to win a grant like that myself, I've just worked for someone who did.

6 Name: Anonymage : 2015-10-09 02:56 [Del]

Honestly the thought entertains me, but I honestly find buying and selling in real life boring. The packaging and transport and shipping all so monotonous. Though I do enjoy seeing numbers go up like when I'm playing a game where I can trade.

For this reason I have been considering getting into the stock market (even though I'm a freeter who's money is basically just 7 years of unspent allowance). I saw some "app" called robin hood that looks like it makes it easy, but I really know nothing about actual trading so I might be falling for some trick or something.

Any wizards actually know a thing or two about the stock market or that kind of thing?

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8 Name: Anonymage : 2015-10-09 04:13 [Del]

>>6
Any software sold as a trading tool is a scam, and will involve high-pressure tactics to get you to give money to some brokerage but never get a return. Be very careful online - anybody offering to help you "make money from home/online" is attempting to scam you, for more (by using telemarketing) than the initial fee they charge if any. Every single one.

9 Name: Anonymage : 2015-10-09 18:24 [Del]

I'd like to but I just can't do it. I don't have the money to start a business, and with my job, never will. I don't know how to start one anyway. I'd probably need friends to help, so it'll never happen. If I want to sell things I have to be charismatic, so that's gone. I don't know how to do any programming things so I can't make an online business. If I ever sold anything, I wouldn't know how to do the required tax stuff either.

I can't flip things on ebay. I don't have a source to get cheap stuff to resell. I don't have the skills to refurbish anything or fix anything. Don't have the money to learn any of it. Can't even go to yard sales to look for cheap games, because they always open on days I work, or the reseller pros get there an hour before it officially opens and take everything valuable before I even arrive.

10 Name: Anonymage : 2015-10-09 18:57 [Del]

>>9
It's not for everyone.

If you really wanted to, you could buy drinks in bulk and sell them in an urban area. It costs hardly any money to start and you can let your sign do the talking so your interaction doesn't go beyond what's necessary for politeness.

It doesn't cost a lot of money to start a business, you can probably scrounge some no matter how little you make by cutting stuff out of your budget. Or donate plasma, be a human guinea pig for a University, or even binning can make enough above your baseline to allow you to save, if you have the self control. Even $25 a week saved is over $1000 by the end of the year, which is more than enough to get something small going.

As far as taxes, I'm not sure what country you live in but typically they aren't hard unless you form a separate entity like a corporation or make a large amount of money.

11 Name: Anonymage : 2015-10-10 01:18 [Del]

I've never really made much money online but I've read a lot and talked with people online who make money. As others have mentioned I've heard good things about Amazon FBA, apparently it's pretty easy to resell popular items even if you don't have the lowest price because people are too lazy or dumb to look through all the prices and buy the cheapest.

Another thing that I've read about is self publishing books online, mostly erotica as it sells the best. You only need to write 4000 words I think, and you get a check every time someone buys one of your books. Basically you try to find a niche, jam out a bunch of books, make some shitty cover art from stock images and sell them on Amazon or a similar service. There was some guy who posted on somethingawful that made as much as $80k in one month from the sales of his books. One guy in the original topic said he would give a pair of chocolate shoes to anyone who wrote 30 books and didn't clear $500 a month. This seems like it could be a pretty good source of income for a wizard, as you don't have to leave your computer and once you do it the money collects automatically each month (it does degrade the older your books are though, each month you will likely get less).

12 Name: Anonymage : 2015-10-10 18:33 [Del]

I wish I knew how. I'm accumulating quite a stash since I work in IT and never leave my parent's house except to go to work. I'm not sold on the usual advice of investing in index funds since cash flow is more attractive to me than wageslaving for 10 years and hoping some catastrophe doesn't happen in the meantime. Been leaning towards real estate but getting discouraged the more I read into it. How can I buy more money?

>>11

> You only need to write 4000 words I think, and you get a check every time someone buys one of your books

People will actually buy books that small? maybe I need to look into this, lol. Granted, I'm not a very good writer, but I will never run out of material or inspiration.

13 Name: Anonymage : 2015-10-11 14:52 [Del]

Even though I complained just a few days ago that I can't possibly make money, I think I might actually have an idea. A while back I preordered a Japanese game, but when it arrived, I no longer wanted it. So I packed it back up and sold it on Ebay at a slightly higher price. After the ebay and paypal fee and shipping, my profit was only like 8 bucks. But still. Is there potential there? Just preorder a weeb game that won't get released in the west, then resell it to people who don't know what Amiami is?

14 Name: Anonymage : 2015-10-11 16:23 [Del]

>>13
I'm no expert, but I would say that it is likely you could make some profit, the problem is mainly that you are one of the smaller middle men, and make less money than everyone else in the chain, so to make money off of it you would want to do stuff in bulk. Though that's kind of dangerous for a few reasons. Mostly that it might not be a high volume market, you don't want to end up having no one to sell to after buying a lot of it, or only sell them at a trickling pace. The other problem is as you mentioned that there are other places to get it cheaper, and if those places start to be better known even if there is a market, it might vanish.

Ultimately I'd say to try it by ordering something you kind of want, then trying to sell it once you get it. If you can do that a few times and consistently make some profit, then try scaling up. It's possible you may have found an unexploited niche. Then again I am not an expert so do not do anything too risky on my advice. Either way good luck anon.

15 Name: Anonymage : 2015-10-11 23:15 [Del]

>>12

People will buy books that small at the price of 2.99, and you get 75% of the money

16 Name: Anonymage : 2015-10-16 15:20 [Del]

I read my town's ordinances online out of curiosity. A peddler's license costs $30 a month. If you're selling on someone's private property, you need to have their permission in writing and notarized. You can't sell on public property at all.

So what do they expect a street vendor in the town to do? Go sit in the forest and hope someone comes by? But that forest is probably owned by somebody, too.

All this licensing shit sounds too complicated and oppressive.

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18 Name: Anonymage : 2015-11-13 01:01 [Del]

You can try sports betting and gambling

19 Name: Anonymage : 2015-11-14 20:33 [Del]

There's an incredibly easy way to make money (not a lot), using blogger with Adsense and writing shitty articles that people find through Google. You can make $200-$300 a month doing it, once the articles are written it's also a constant stream of money. I would go into more details but I don't want everyone doing it.

20 Name: Anonymage : 2015-11-14 21:22 [Del]

There's an incredibly easy way to make money online. I would go into more details but I don't want everyone doing it.

21 Name: Anonymage : 2015-11-16 00:00 [Del]

>>20
You realize there's maybe 10, maybe 20 people coming here?

22 Name: Anonymage : 2015-11-16 15:42 [Del]

>>20
Help a wizza out, nigga, damn!

23 Name: Anonymage : 2015-11-16 16:22 [Del]

>>21
>>22

You can find out in my book, Making Money Fast the Wizard Way.
Since we're all friends here I'll sell it to [text] for the special discount price of $99.95 (S&H and additional fees may apply)

24 Name: Anonymage : 2019-08-19 04:14 [Del]

>>1
i used to sell things on ebay and only stopped bevause figuring out how to file taxes on my profits after the first year was a massive weeklong asspain and so i said fuck it! i dont care about money if i have to do that shit every year. god i wish taxes was an automatic thing. you cannot hold a dumb neet accountable for selling 2000 things in a year and just suddenly ask what all the prices and profits for each thing were. FUCKING NIGHTMARE

i still come up witg money making schemes but as i get older i grow exponentially more lazy so i rarely even try stuff out

25 Name: Anonymage : 2019-08-19 06:55 [Del]

just go on bike rides and be a believer, if there's a heaven and you die by car accident then you will go there and won't have to worry anymore about earthly stuff. be smart, die.

26 Name: Anonymage : 2019-08-19 10:32 [Del]

>>25
how the heck is that related to the thread

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29 Name: Anonymage : 2019-08-19 18:02 [Del]

shit hobby, i always lament about losers I basically fucked up

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32 Name: Anonymage : 2019-08-21 09:37 [Del]

>Anyone else having a hug obsession? Usually after 2 to 4 hours of doing my regular activities (often programming) or when i'm very stressed, i get a big urge to hug literally anything. So i go and cuddle in my bed while hugging a pillow for up to half an hour and i can't let go easily. And even when i do stop, it usually comes back right away and i have to keep going for a couple of minutes.

I don't know but i find hugs to be very cute, endearing, relaxing, adorable and warm, even though i can't even comprehend doing or telling this to anyone i know.

i hate people like this guy.

33 Name: Anonymage : 2019-08-21 09:37 [Del]

>Anyone else having a hug obsession? Usually after 2 to 4 hours of doing my regular activities (often programming) or when i'm very stressed, i get a big urge to hug literally anything. So i go and cuddle in my bed while hugging a pillow for up to half an hour and i can't let go easily. And even when i do stop, it usually comes back right away and i have to keep going for a couple of minutes.

I don't know but i find hugs to be very cute, endearing, relaxing, adorable and warm, even though i can't even comprehend doing or telling this to anyone i know.

i hate people like this guy.

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35 Name: Anonymage : 2019-08-21 23:13 [Del]

Yang Gang 2020!
Make UBI happen, vote Andrew Yang!

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37 Name: Anonymage : 2019-08-23 03:41 [Del]

>the solution is simple to all this blather, resolve to live FOR YOURSELF AND ONLY YOURSELF! WOE2MEN BRING NOTHING BUT GRIEF AND MISERY AND STRESS… live your life for yourself! you will be happier and your stress levels will drop quickly.

aylmao poor the wizzies who believe this.

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42 Name: Anonymage : 2019-09-11 11:51 [Del]

I'd like to figure out a comfortable way to make roughly between $500-$800 a month tax free.

43 Name: Anonymage : 2019-09-15 21:15 [Del]

dropshipping

44 Name: Anonymage : 2019-09-16 09:24 [Del]

>>43
How would dropshipping be tax free though?

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