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Francisco Rivera quit his tutoring job in December after his side hustle brought in six-figures in 2023. DON'T MISS: The ultimate guide to earning passive income online Rivera estimates 30% to 50% of each sale is profit. The success of Rivera's Etsy shop allowed him to quit his tutoring job in December. Leveraging existing skillsAfter college, Rivera worked in Apple stores in the Dallas-Fort Worth area for three years. Rivera started seeking new ways to make income when demand for online tutoring waned after the pandemic, he says.
Persons: Francisco Rivera, Francisco Rivera's, Rivera, Rivera's, he's, Bali —, That's Organizations: Sail University, Apple, CNBC, Outschool Locations: Bali, Dallas, Fort Worth, Orlando
Francisco Rivera doesn't even like candles — but he brings in six figures per year selling them on Etsy. For his product, Rivera chose neutral-colored organic candles with "witty" labels, he says. "I'm making more than I ever have, doing less than I ever have," says Rivera, 26. I would take a pay cut if it still allowed me to do what I'm doing [outside of my Etsy shop]. I'm not super passionate about selling candles.
Persons: they've, Francisco Rivera doesn't, Rivera, he'd, he's, , I'm, it's Organizations: CNBC, YouTube Locations: AskMakeIt@cnbc.com, Orlando , Florida
Read previewThis as-told-to essay is based on a conversation with 26-year-old Francisco Rivera, an Etsy seller from Orlando. I manage an Etsy store that made $403,499 last year after Etsy's fees and postage costs. Since starting the store, I've moved out of my parent's house and started renting a studio in Orlando. That's when I realized my Etsy store could replace my income from teaching. Quitting my job was scary, but I knew that even if this particular shop failed, I could set up another store on Etsy.
Persons: , Francisco Rivera, I've, It's, I'm, I'd, Bali . I've Organizations: Service, Business Locations: Orlando, Texas, Bali ., Belgium, France, New York, Caribbean
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