December 10, 2024

A New Jersey teen made $1.7 million in revenue reselling low-stock items, per The Wall Street Journal.
Max Hayden, 16, said he sold items such as outdoor heaters for double their retail price during the pandemic.
Entrepreneurial Gen Z are increasingly finding new ways to make money online.
See more stories on Insider's business page.
Max Hayden, a 16-year-old New Jersey resident, reportedly pulled in $1.7 million in revenue flipping out-of-stock items online during the pandemic, including video games and outdoor heaters.
In an interview with The Wall Street Journal, the teen entrepreneur talked through his booming online resale business, now a taxpaying limited liability company.
Hayden made $110,000 profit in 2020 buying and reselling anything from video games and consoles to outdoor heaters and above-ground swimming pools for about double the retail price, according to sales records and accounts viewed by The Journal.
Hayden was quick to buy items that could go out-of-stock during the pandemic and resell them to willing customers for steep prices. This included dumbbells and hair clippers, which became hot when gyms and salons closed.
Hayden reportedly devotes 40 hours a week to his online business – the rest of his time is reserved for high-school studies, he said. He's reportedly outgrown the garage in his family home and now co-rents a warehouse space nearby. He also employs two friends for $15-an-hour to help with enquiries and pack-up orders, he told The Journal.
Hayden is one of many consumers from Gen Z – defined by Pew Research as anyone born after 1997 – that are finding new ways to make money online.
Many of these young consumers, including Hayden, are reselling items on sites such as Amazon or Facebook Marketplace or on resale apps such as StockX, Depop, and Goat.
Depop previously told Insider that some of its younger users were making as much as $300,000 a year selling secondhand clothes on its app, enabling them to buy houses and cars before they've even reached college age.
Similarly, teens using resale marketplace StockX say they can make thousands of dollars selling secondhand and limited-edition sneakers.
Read the original article on Business Insider
Mom and new homeowner, Jasmine, was changing a lightbulb when she made the stunning find — and TikTok is in total disbelief.
Georgia U.S. Senate race twist: Raphael Warnock, not Herschel Walker, now the debate dodger.
The Arizona Diamondbacks announced on Thursday that Nicole Hazen, the wife of general manager Mike Hazen, died Thursday at the age of 45.
Russian prison guards and inmates told Griner "everything will be OK!" ahead of her trial, where she was sentenced to nine years in prison overseas.
A 35-year-old woman has vowed to preserve her virginity until she gets married. She says people should not give into societal pressure to have sex.
The trio have a September court date.
In a new campaign ad for his daughter Rep. Liz Cheney, former Vice President Dick Cheney does not mince words about former President Donald Trump, calling him a "coward" and a "threat to our republic."
Western sanctions and a mass corporate exodus have decimated the Russian economy. But the worst is yet to come.
NBCSeth Meyers returned to Late Night this Wednesday after taking a week off to recover from his second bout of COVID. And while he couldn’t cover everything he missed while he was away, he was not going to let the opportunity go by to make some brutal jokes about a photo of Donald Trump looking a little worse for wear during his recent Saudi-sponsored golf tournament.In the middle of an unrelated bit about Trump’s double “ERIC” endorsement in Missouri’s GOP Senate primary, Meyers noted that bot
"I graduated from that gym in 1969, I could tell you where I was sitting," the listing agent Roy Wilson told Insider.
The monarch had a strong opinion about the Duke and Duchess of Cambridge's newly renovated kitchen!
The Cambridges shared a message for Meghan, posting a photo of her on their Twitter with the caption, "Wishing a happy birthday to The Duchess of Sussex."
Isla Fisher showed off her totally toned legs and butt in a new photo on Instagram. To stay fit, the actress goes swimming and horseback riding.
The Dobbs decision is clearing the political ground for a resolution in favor of abortion rights.
Georgia, which has a 6-week abortion ban, is a popular shooting location for film and television due to its "production-friendly" tax program.
Kate Beckinsale posted a photo on Instagram of her mega-defined abs and legs in underwear and a crop top. She works out six days a week for at least an hour.
UKRAINSKA PRAVDA – THURSDAY, 4 AUGUST 2022, 11:25 In Donetsk Oblast, paratroopers of the 81st separate airborne brigade of the Ukrainian Armed Forces eliminated a group of Russian troops. Source: Ukrainian Air Assault Forces of the Armed Forces of Ukraine on Telegram Details: The Ukrainian military has published photos of eliminated Russian soldiers.
Bipedal slab of sunburned beef chuck Alex Jones is on trial for defamation charges brought against him by the families of the 2012 Sandy Hook shooting’s victims. Things are, to put it mildly, not going well for him. Like, for instance, the part during yesterday’s cross-examination that saw prosecutor Mark Bankston demonstrate that the InfoWars host had definitely perjured himself on live television.
“Not a good decision,” a spokesperson said.
Quentin Tarantino says he doesn’t normally like to weigh in on current films, but he’s making an exception for Top Gun: Maverick. The director was asked about the film while appearing on the ReelBlend podcast this week with his Pulp Fiction co-writer, Roger Avary. Tarantino began with the caveat that he doesn’t like to talk […]

source

About Author