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☆ 23-year-old was 'so bored' at home—she started a side hustle that brings in $10,300 a month: 'It doesn't feel like work to me'
▼ + stars: | 2024-02-22 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

Sophie Riegel turned her boredom into a six-figure side hustle. Riegel was a Duke University freshman in 2020, when Covid-19 turned her first year of college into a remote experience. Within weeks, she was selling roughly $50 per day of thrifted clothing, mostly buying T-shirts for $1 apiece and selling them for up to $10. The total figure is slightly higher, she says, due to in-person sales and other revenue for which she doesn't have documentation. Now, Riegel sells around 10 items per day, averaging between $400 and $500 in revenue daily.

Persons: Sophie Riegel, Riegel, I've Organizations: Duke University, Chapel, Duke, eBay, CNBC Locations: Durham, Chapel Hill , North Carolina

☆ 23-year-old's dorm room side hustle brings in $124,000 a year: 'You can start with as little as $5'
▼ + stars: | 2024-02-22 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

After making $200 off her own used clothes, she turned to some of her favorite places to shop: thrift stores. Much of her business' growth came from her dorm room at Duke University, where she graduated last year with a degree in psychology. I had maybe 200 or so items in my dorm room my sophomore year, and now I have 1,300 items [in a storage unit]." How much cash do you need to start a thrifting side hustle? [In terms of the thrifting], you can start with as little as $5.

Persons: they've, Sophie Riegel didn't, I've, Riegel, she's, She's, —, you've, You've Organizations: CNBC, eBay, Duke University, YouTube Locations: AskMakeIt@cnbc.com

☆ I'm a millennial who's obsessed with Stanley cups. They remind me of collecting 'Harry Potter' books, and I even bought some on my wedding day.
▼ + stars: | 2024-02-02 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Read previewThis as-told-to article is based on a conversation with Kaitlin Gostel, a 29-year-old academic in Florida who collects Stanley cups. However, the feeling reminds me of getting Beanie Babies, Tamagotchis, or, most importantly, "Harry Potter" books. When waiting for both "Harry Potter" books and Stanley cups, we all get these nervous butterflies. So at 6 p.m., after saying my vow, I ran into the bathroom and purchased four different Stanley cups on my phone. However, they are built to last, and watching the video of a Stanley cup surviving a car fire, I'm like, "Geez, these things are insurance.

Persons: —, Kaitlin Gostel, Stanley, I'm, Harry Potter, Barnes, Noble, I've, he'll, you've, it's, Stanley Quenchers, Brian van der Organizations: Service, Starbucks, Business, Target, Stanley, eBay Locations: Florida, Korea, Starbucks Korea, Italy

☆ Chinese fast fashion retailer Temu overtakes Shein to dominate Japan and South Korea apps
▼ + stars: | 2023-11-10 | by ( Sheila Chiang | ) www.cnbc.com time to read: +5 min

Similarly, in South Korea, Temu ranked No. Among the top shopping apps in South Korea, Temu was the fastest to reach 2 million downloads at around 88 days. Shein took 382 days while AliExpress took 366 days to hit the same milestone. Shein sued Temu in December over intellectual-property infringement while Temu accused Shein in July of threatening and forcing manufacturers into exclusivity agreements. Temu made its foray into Asia through Japan and South Korea in July.

Persons: Nikos Pekiaridis, Shein, Temu, Goldman Sachs, Mercari, Alibaba, AliExpress, Bernstein Organizations: Getty, Nurphoto, PDD Holdings, CNBC, iOS, Google, Nasdaq, Holdings, Citi, U.S, Committee Locations: Japan, South Korea, China, U.S, Australia, New Zealand, France, Italy, Germany, Netherlands, Spain, Boston , Massachusetts, Asia, Philippines, Malaysia

☆ Focus: Key trade loophole keeps cheap Chinese products flowing to US
▼ + stars: | 2023-08-04 | by ( Katherine Masters | ) www.reuters.com time to read: +6 min

Data from U.S. Customs and Border Protection shows that de minimis shipments into the U.S. rose to 685.5 million in 2022, up nearly 67% over 2018. That equals roughly two to three million packages a day, Robert Silvers, Under Secretary for Policy at the Department of Homeland Security, told lawmakers in July. A bipartisan group of U.S. lawmakers in June introduced bills that would ban de minimis shipments from China upon enactment. Rival U.S. retailers also have grown increasingly concerned about the exemption as Shein and Temu have gained market share. In 2015, Congress raised the cap on de minimis shipments to $800 from $200, making the U.S. threshold one of the highest in the world.

Persons: Dado Ruvic, Shein, Peter Pernot, Robert Silvers, minimis, Jason Smith, Temu, Steve Story, They're, Erik Autor, Katherine Masters, Anna Driver Organizations: REUTERS, PDD Holdings, U.S, Reuters, American Apparel and Footwear Association, de, U.S . Customs, Border Protection, Department of Homeland Security, Republican, Columbia, Apex Logistics International, UPS, FedEx, Barlow & Company, Thomson Locations: China, U.S, Beijing, Mexico, Canada

☆ I made $119,000 in sales on Poshmark last year by listing and modeling designer clothes
▼ + stars: | 2023-05-04 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

She has earned $352,417 on Poshmark since starting resale as a side hustle in 2018. Wyer, who lives in Virginia, has earned $352,417 on Poshmark since she started selling as a side hustle in 2018; Insider verified her income with documentation. Last year, Wyer began hosting live shows on the app and generated $118,967 in sales for 2022. Wyer has generated $352,417 in sales on Poshmark since she started posting on the platform in 2018. I always price things just a little higher than I would like to get, just to have that room for negotiation, but I don't like to price things too high.

☆ 29-year-old who quit the NFL to sell Pokémon cards: How my side hustle became a company bringing in $8.3 million in 9 months
▼ + stars: | 2023-04-26 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

When Blake Martinez was drafted by the Green Bay Packers in 2016, he didn't foresee leaving the NFL to sell Pokémon cards. Since its launch, Blake's Breaks has brought in more than $8.3 million in revenue, according to documents reviewed by CNBC Make It. Most of them are streamers — people who open and auction items on live streams — hawking everything from Pokémon cards to vintage purses. Selling food and selling Pokémon cards is obviously different, but they both depend on culture. Just last week, I told everyone, "This isn't about making Blake's Breaks money.

☆ WPP is nearing a deal to acquire influencer marketing specialist The Goat Agency
▼ + stars: | 2023-03-17 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +2 min

WPP is in late-stage talks to acquire UK-based influencer marketing agency The Goat Agency, sources said. Sources said the deal could value The Goat Agency between $121 million million and $425 million. The Goat Agency said last year it "was on a fast track" to reach $100 million in revenue. Advertising giant WPP is closing in on a deal to acquire the fast-growing influencer marketing specialist The Goat Agency, according to people familiar with the matter. Sky News in April reported that The Goat Agency had appointed financial advisory firm GP Bullhound to help explore its strategic options.

☆ How entrepreneurs can use livestream shopping to make thousands of dollars
▼ + stars: | 2023-02-22 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +16 min

Live shopping in the US is expected to become a $25 billion market in 2023. Livestream shopping has been popular in China for over a decade, where the industry was estimated to be worth $305 billion in 2021, up from $63 billion in 2019, according to Coresight Research. Virgile Ollivier, a cofounder and the CEO of Livescale, told Insider livestream shopping would soon become just as important for brands as social-media marketing. Livestream-shopping platforms pick up where Instagram falls shortApps focused solely on livestream shopping show a disconnect on traditional social-media platforms. Most sellers livestream at least once a week, at the same time so their followers always know when to expect a show.

☆ 4 side hustles for introverts: Some can bring in tens of thousands of dollars
▼ + stars: | 2023-01-14 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Among the most popular side hustles for 2023 are staffing events like conferences and tutoring in a subject matter where you have expertise, according to experts. You'd have to interact with people if you took them on ― even if only on a one-on-one basis for tutoring. If you happen to be more introverted but are still looking for ways to bring in some extra cash, fear not. Here are four side hustles for introverts to consider. Kaycie Morwood opened her Poshmark store in 2016 and has made $30,000 altogether.

☆ I'm a college student selling $13K annually on Poshmark. Here's the daily routine I follow to juggle resale and school.
▼ + stars: | 2022-11-21 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +3 min

Ali Dieguez, a Gen Z entrepreneur, sells thrift clothing on Poshmark while attending college. Last year, she made $13,740 in sales on the resale app. She meticulously schedules her days to juggle classes, fitness, homework, and her resale business. When it comes to managing school and her business, Dieguez meticulously schedules her days. Here's what her daily routine looked like when she was in school full-time and running her resale business, as told to Insider.

☆ Gap's slowing sales of baby clothes indicate inflation is deeply hurting families
▼ + stars: | 2022-11-18 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +4 min

New York CNN Business —Customers are pulling back on spending at Gap and Old Navy — particularly in one specific category that shows just how much families are feeling inflation’s pinch. But Gap and Old Navy said Thursday they’re now seeing less spending on babies’ and kids’ items. “Old Navy customers still have a propensity to buy. More than a quarter said inflation motivated those purchases, and half of parents surveyed sold a secondhand item in the kids’ and baby items category. Mercari said parents of kids 2 and under are the most active secondhand shoppers, according to its survey.

☆ As yen tumbles, gadget-loving Japan goes for secondhand iPhones
▼ + stars: | 2022-11-08 | by ( Miho Uranaka | ) www.reuters.com time to read: +5 min

Salaryman Kaoru Nagase wanted a new phone but couldn't justify the price of a iPhone 14, which starts at 119,800 yen ($814). Instead, he bought a used iPhone SE 2 in Tokyo's Akihabara electronics district for less than a third of that. "At more than 100,000 yen the iPhone 14 is too expensive and I just can't afford it. But in an annual regulatory filing last month, it said Japan sales fell 9% in the year ended September 24 due to the yen's weakness. With Japan open again to foreign tourists, the secondhand iPhone market is getting another boost.

☆ Poshmark is the latest company to tap into the $25 billion livestream shopping market. Here's how entrepreneurs are making thousands of dollars per stream.
▼ + stars: | 2022-10-14 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +15 min

Li did not disclose how applications are vetted, but Popshop Live is accepting more applications as the company's team grows, she said. Virgile Ollivier, a cofounder and the CEO of Livescale, told Insider livestream shopping would soon become just as important for brands as social-media marketing. Livestream-shopping platforms pick up where Instagram falls shortApps focused solely on livestream shopping show a disconnect on traditional social-media platforms. Nguyen designed her own characters for merchandise in addition to the squishy and plushy toys she sells on Popshop Live. Most sellers livestream at least once a week, at the same time so their followers always know when to expect a show.

Below, Select shares some tips to help students financially prepare to study abroad so they can make the most of their experience in a new country. Ask your family if studying abroad seems financially reasonable to themStudying abroad can wind up being an enormous expense. The University of Louisville estimates that, on average, the cost of a semester-long study abroad program can range from $7,000 to $15,000 per student. Your school's study abroad coordinator will be able to break it all down for you and help you select the option that's best for your financial and academic goals. Plus, credit card rewards are most valuable when you pay off your balance each month to avoid accruing interest charges.

☆ I'm a 23-year-old college student selling $13K annually on Poshmark. Here's the daily routine I follow to juggle resale and school.
▼ + stars: | 2022-07-06 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +3 min

Ali Dieguez sells thrift clothing on Poshmark while attending college. Last year, she made $13,740 in sales on the resale app. She meticulously schedules her days to juggle classes, fitness, homework, and her resale business. When it comes to managing school and her business, Dieguez meticulously schedules her days. Here's what her daily routine looked like when she was in school full-time and running her resale business, as told to Insider.

☆ Full-time YouTuber shares 6 affordable decorating hacks for living in a small space
▼ + stars: | 2020-11-01 | by ( Cory Stieg | ) www.cnbc.com time to read: +4 min

Taber shares the three-bedroom, one-bathroom apartment with two roommates, and together they pay $5,150 in rent each month. Like many people, Taber was unable to use her co-working space during the Covid-19 pandemic, so she created an at-home workspace. Here's Taber's advice for decorating and organizing a small space:Shop for used items onlinePhoto: Beatriz Bajuelos. For example, Taber used the Facebook Marketplace to find a desk nearby and was able to pay for it using the Venmo app. So, she decided to give her bedroom furniture an upgrade using an inexpensive paint and primer combo.

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