College Drop-Out Makes it Big with Online eBusiness :: Sell Websites Buy Websites

College Drop-Out Makes it tough with Online eBusinessReprinted with permission of Votan mesh.comIn May, Sam purify dropped out of college and stumbled upon an untapped securities industry on the internet. Nothing has been the same since.Sam wanted to start an by-line related company due to the interest he developed engage a hobby in college. A loyal online buyer and occasional seller, he searched the internet for the hobby equipment he would need. Nobody was selling it. In a single moment an idea came to him that would change his life forever.Mr. lick purchased the hobby equipment he needed directly from the manufacturer. Once it arrived at his home, he listed it for auction. Ten days later the equipment sold to the highest of twenty-three bidders, earning Mr. Lave a large profit. He began doing this over and over, and eventually earned enough funds to make selling on the internet a full-time job. In his first three months, Mr. Lave sold $215,000 in merchandise.Mr. Lave had intentional Web sites for cash during college but he decided against body-building his make website. He had no idea how he would gain publicity for the website and build traffic. On the internet, no traffic equals no money. Mr. Lave borrowed some money from his family and used VotanWeb to quickly identify and purchase an established hobby related website.During his first year in business, sales totaled approximately $900,000. This year, the 20-year-old expects unrefined sales to reach $3 million. I basically used an quick website to get my name out on the internet and then reinforced my reputation by providing hobby equipment people want and giving them truehearted technical support, he says. To keep sales growing, Mr. Lave began to sell a variety hobby products, but his success attracted copycats. Competitors followed his lead and started offering prices he couldnt match without reducing his profit margin. Fortunately, Mr Lave realized he could continue his profit margins by offering technical support. For someone whos not a serious hobby enthusiast, this equipment can be challenging to build and operate, he says. Some of the manuals that come with the products are up to 800 pages long. Mr. Lave added a helper section to his Web site and began to provide technical assistance. This resulted in increase sales.In an effort to provide additional technical support to customers, Mr. Lave made a training DVD and started selling it on his Web site.