If you are like most SaleHoo members, you will want to turn your online retail business into a full time income earner. However, forgoing a steady pay check is a scary thought. So when is the right time to quit your day job and start working for yourself? Below I have outlined a 3 step plan to help you determine when it’s the right time for you to quit your day job. Make sure you check it out before you go making any hasty decisions! Step one: Understand that working for yourself is still working As an online entrepreneur, it’s far too easy for you to dream up a picture in your head about sleeping in, playing with your kids, catching up on day time TV and doing a couple of hours of work per day while earning a full time income. You might be lucky enough to have a business model that will allow this, but in most cases, to generate a good income, you wil

One of the best ways that you can maximize how much you earn from your business is to increase your productivity. Ever since I was a college student, I’ve always calculated the amount that I earned per hour from selling items online. For example, if I made $300 one week for doing five hours work, I would divide $300 by 5 (the number of hours I spent earning that money) to figure out my hourly rate (which would be $60 per hour, in this case. Not bad for a 19 year old student!). Admittedly, one of the main reasons I did this calculation was to make sure that I was always earning more than I could if I chose to do a ‘normal-person’ job to get me through college, like waiting tables. Not only did I have a great time bragging to my dorm mates about how much I was earning (I was 19, cut me some slack), but it also forced me to make sure that I was always productive with the time I spent

I've had some cool business ideas over the years. Some related to selling online, some not. One idea in particular caused me to lose a good friend and around $12,000 of wasted investment. How? Because I went into business with a friend and we didn't make a smart plan for how the business partnership would work.

An entrepreneur is someone who finds new solutions to old problems at every corner. They hunger to improve the world around them. In this field, effort equals reward, and those who are the most consistent and persistent will be most likely to realise their business goals. What’s inside? [ show hide ] Entrepreneur Quotes Small Business Quotes Women in Business Quotes Motivational Quotes Funny Business Quotes Success Quotes from Black People Start-Up Quotes Young Ent

Starting an eCommerce business can be tricky if you get off on the wrong foot. Focus too much on the wrong area and you waste a bunch of time that could have been spent somewhere else. So what exactly should you do? What are some tidbits that can lead you in the right direction? Fortunately, you’ve stumbled upon this article where we’ve asked business coaches and influencers around the world what their most underrated business advice is for new entrepreneurs trying to get into the eCommerce game

Got a side hustle? You're not alone. Around a quarter of Brits, a third of New Zealanders, and nearly half of Australians and Americans over 18 reportedly have a side hustle in addition to a full-time job.