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☆ Side hustles for introverts: which remote online businesses don't require face-to-face interaction and how to start them
▼ + stars: | 2023-11-21 | by ( Kiera Fields | ) www.businessinsider.com time to read: +6 min

Taking online surveys and blogging are also avenues for introverts to make money. A UX designer, Etsy seller, blogger, and online-survey taker share how they got started. Brett WilliamsBrett Willams was working as a UX designer at a corporate firm but found the nine-to-five grind boring. AdvertisementRead more: I make up to $150,000 a month as a freelance UX designer. Taking online surveys often doesn't require any communication with other peopleJordan FreyJordan Frey, a plastic surgeon, started spending two or three hours a week taking surveys online to bring in extra income and said he makes between $500 and $1,000 a month.

Persons: —, they're, Brett Williams, Brett Williams Brett Willams, Williams, Tammy Dinh, Tammy Dinh Tammy Dihn, Dihn, Zer, she'll, Read, I've, Samantha North, ChatGPT, Jordan Frey Jordan Frey, he's, Frey Organizations: Service, introverts, YouTube Locations: Portugal

☆ IRS postpones rule change on digital payment reporting for small businesses and side hustles
▼ + stars: | 2023-11-21 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +4 min

The change might have resulted in 44 million more 1099-K forms being sent in January to such filers, including small business owners, freelancers, those with side hustles and gig workers. Regardless of delay or rule change, your tax obligations remain the sameNeither the delay of the rule change nor the eventual implementation of it will change your tax burden in any way. That’s because you have always been obligated as a taxpayer to report the money you make from your business activities to the IRS. The difference once the rule change goes into effect is that the IRS will be learning about your business income from a third party payment platform. And the change will effectively pull back the curtain on just how much business income is being generated on third-party payment platforms.

Persons: “, ”, Danny Werfel, –, Sherrod Brown of, Bill Cassidy, Biden, Arshi Siddiqui, Akin Gump, they’re Organizations: New, New York CNN, IRS, American, The Coalition, Electronic Transactions, Airbnb, PayPal, Democratic, Ks Locations: New York, Poshmark, Sherrod Brown of Ohio, Louisiana

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Persons: Nicolas Economou, Getty Images We're, —, We'll, you've, Miles, you'll Organizations: Rapid, Getty Images, Southwest, Rewards, Card, Southwest Airlines, Service, Southwest ®, FDIC, Rapid Rewards, Chase, eBay, Southwest Hotels Locations: U.S, Southwest

☆ I quit buying new clothes for 5 months, and it helped me curb my impulse purchases. Now, I'm doing it again as I start repaying my student loans.
▼ + stars: | 2023-09-27 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +7 min

I stopped buying new clothes for five months this year. Now that my student loans will be an added expense, I'm going to hold off on shopping for new clothes for a while. AdvertisementAdvertisementHere's what I learned from five months of buying no new clothes. While I wasn't buying new clothes, I did purchase a few new pairs of earrings to jazz up old dresses. The challenge helped me shop more consciouslyAt the end of the five months, thrifting was not only less expensive than buying new clothes, but it also helped me shop more consciously.

Persons: —, I'm, Michael Fiddelke, I've, Jennifer Ortakales Dawkins, snakeskin Jeffrey Campbell, It's, Depop, thrifting, wasn't Organizations: Service, Fashion Locations: Puerto Vallarta , Mexico, Costa Rica, Mexico, Los Angeles

☆ I'm a 22-year-old who made nearly $100K in revenue on Depop last year. Here's how I did it and my secret tips to sell successfully.
▼ + stars: | 2023-07-26 | by ( Aria Yang | ) www.businessinsider.com time to read: +7 min

Theresa Sobocinski is a 22-year-old product designer who made nearly $100K a year on Depop. She says few people know that constantly refreshing items on Depop is crucial to boosting sales. In that situation, you'll need to refresh to get it back up on the feed. If I'm selling a top, I'll usually pair it with a nice skirt or whatever looks good with the top. But you don't really need experience selling on other platforms to start a Depop.

Persons: Theresa Sobocinski, Poshmark, anyone's, Depop, what's, you've, Aria Yang Organizations: Service, Tiger, Adidas Locations: Depop, Wall, Silicon, Europe, It's

☆ Meet the contrarian VC: Why Mayfield's Navin Chaddha is writing more checks than ever before while other investors pull back
▼ + stars: | 2023-07-26 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +5 min

The longtime VC firm just announced a new $250 million seed fund focused on AI. In tough economic times, the firm's leader, Navin Chaddha, believes it's a prime time to invest. That has essentially been Navin Chaddha's mantra since he took over the reins at venture-capital stalwart Mayfield Fund in 2009. With a dedicated $250 million AI seed war chest, Mayfield is now prepared to lean in even more. "We believe that AI will emerge as our teammate and that the Gen.AI wave will create many iconic companies," Chaddha said in a press release.

Persons: Mayfield, Navin Chaddha, it's, Navin, that's, Chaddha, – who's, Forbes, –, Vijay Reddy, Reddy Organizations: VC, Mayfield Fund, Mayfield, Tiger, Insight Partners, Clear Ventures, Intel Capital, Wing Venture Locations: Bessemer, Sequoia

☆ Not every version of Barbie was a hit. Check out these flops
▼ + stars: | 2023-07-22 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +6 min

Barbie’s pregnant sidekick, MidgePregnant Midge was featured in Mattel's Happy Family Barbie Collection that also included Alan (pictured here behind the stroller). Fast-forward to 2002, Mattel introduced a pregnant Midge doll, featuring a detachable baby bump with a toy baby inside. The Midge doll created ripples. Walmart (WMT) ended up pulling the pregnant Midge doll from its store shelves, citing customer complaints about the appropriateness of a “pregnant” doll. When the FBI came after this BarbieVideo Barbie doll with a built-in LCD screen and download port for videos.

Persons: New York CNN —, Barbie, She’s, who’ve, Barbie Fashionistas, “ Barbie, ”, James Zahn, “ There’s, Midge, Alan, Lawrence Lucier, Zahn, Allan, Ryan, “ Allan ”, “ Allan didn’t, Mattel, “ Alan ”, Tanner, Barbie’s, Mark Ralston, Tanner playset, Tanner playsets, Barbie Mattel, Martin James Brannan, Skipper, Skipper ”, “, Miguel Villagran, Barbie Mark Lennihan, Richard Gottlieb Organizations: New, New York CNN, Bel Air, Mattel, Walmart, “, US Consumer Product Safety Commission, OREO, Nabisco, Fairfax Media, FBI, Global Toy Experts, New York Times Magazine Locations: New York, American, Barbie, AFP

☆ MLB All-Star Game, baseball cards, are first big test of Fanatics livestream shopping experience
▼ + stars: | 2023-07-10 | by ( Ian Thomas | ) www.cnbc.com time to read: +5 min

(Photo by Justin Berl/Getty Images)Fanatics' first livestream shopping event will feature collectors opening baseball trading card packs on the field during this week's Major League Baseball All-Star Game events in Seattle. The sports platform's new business division, which is called Fanatics Live, is centered around live shopping experiences during which users will be able to buy trading cards and other collectibles on the Fanatics Live app while watching streams of hosts and other collector sellers. "Our intention is to have Fanatics Live be the leader in the live commerce space," Bell said. Livestream shopping, which got its start in China and across Asia, has grown into a $512 billion market, according to Coresight Research. Bell acknowledged the challenges for livestream shopping in the U.S. but said he sees them as an opportunity.

Persons: Justin Berl, Nick Bell, Bell, — Bell, —, Chris Lamontagne, Scott Rogowski, Michael Rubin, – Bell Organizations: Pittsburgh Pirates, Milwaukee Brewers, PNC Park, Major League Baseball, Google, Mobile, Research, eBay, Facebook, QVC, U.S, Meta, CNBC Disruptor Locations: Pittsburgh , Pennsylvania, Seattle, U.S, China, Asia

☆ Christina Najjar’s Napa Valley
▼ + stars: | 2023-07-05 | by ( Sheila Yasmin Marikar | ) www.nytimes.com time to read: +1 min

During her time in the region, she frequently decamped to wine country seeking revelry and respite. “I’m a super fan of Napa,” she said during a recent telephone interview. Ms. Najjar, who lives in Los Angeles, was fresh from BottleRock, an annual music festival held at the Napa Valley Expo. “I have my old favorites, but I’m always looking for the next big thing. “It’s Napa’s version of Erewhon,” she said, referencing the high-end organic supermarket, “and you know we love Erewhon.”

Persons: influencer Christina Najjar —, Tinx —, “, Najjar, I’m, ” She’s, ” Organizations: Stanford University Locations: Bay, Northern California, San Francisco, Poshmark, Napa, ”, Los Angeles, St, Helena

☆ How Do Instagram Influencers Make Money and How Much They Earn
▼ + stars: | 2023-06-28 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +6 min

Influencers on Instagram earn money in many ways. Influencers on Instagram can also earn commissions on affiliate links, profits from selling merchandise, and proceeds from monetization tools Meta has introduced. Instagram is even testing an ad-revenue sharing program that would let creators earn money for high-performing reels on the app. Here's a comprehensive breakdown of Insider's cover on How much money Instagram influencers make:How much money Instagram influencers make from brand dealsMany influencers earn money on Instagram by working with brands on sponsored content. Read more:Reselling clothingResale apps like Poshmark, Depop, and Etsy have become lucrative small businesses for many Instagram creators.

Persons: influencers, Agutu, Nate White, Jour'dan Haynes, Meta, Instagram influencers, Instagram, Read, Huda Organizations: Insider, Facebook, YouTube, Meta

Livestream shopping started on social media in China, and according to Coresight Research, has grown into a $512 billion market. The secret to his success, he told CNBC, has been diving into the world of livestream shopping. However, CEO Deborah Weinswig told CNBC the firm has since revised that projection. The firm also estimates livestream shopping will account for more than 5% of total e-commerce sales in the U.S. by 2026. Influencer Danielle Santana hosts live shopping shows on Amazon , selling products from other businesses — everything from cheese graters to make-up sponges.

Persons: I've, Velez, TikTok, Anthony Velez, Deborah Weinswig, didn't, Weinswig, CNBC they're, Eddie Garcia, we're, Garcia, he's, Influencer Danielle Santana, Santana, Coresight's, livestreaming, it's Organizations: eBay, U.S, Research, CNBC, Poshmark, Amazon, Facebook, Meta Locations: China, New York City, U.S

With inflation raising the cost of everything, I've been looking for creative ways to save money. Being more mindful of food waste is helping me save money at the grocery store. For the last two months, I've started to brainstorm ways that I can change my habits around the house in order to save $200, or more, every single month. In an effort to lower the bill as much as possible, I've started to get strategic about my habits around the house using advice from my local energy provider. When I switched most of my cleaning products away from well-known brands, my savings started to increase.

Persons: I've, —, Read Organizations: Service, Facebook, Bask, Bask Bank, FDIC, Chevron, Texas Capital Bank, Reading Chevron

☆ I sold more than $110,000 in clothing with my Poshmark side hustle, and now I get paid to help other sellers create their listings
▼ + stars: | 2023-05-24 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

Mahl, who lives on Long Island, New York, has made $111,031 in lifetime sales on Poshmark since she started selling as a side hustle in 2015. I shop for what my customers wantI work full time in the accounting department at a law firm, and I do Poshmark. I have my people that I know and trust that they have the good items that I'm looking for. I have another side hustle helping other Poshmark sellersI like helping others sell their items. On my weekends, when I have a little spare time, I post on Poshmark for other people.

Persons: Alex Mahl, She's, —, I've, they're, aren't Organizations: Service, Poshmark Locations: Long, , New York, Lululemon

☆ More taxpayers will receive tax forms from apps such as Venmo, PayPal for 2023. Here's how to avoid tax issues
▼ + stars: | 2023-05-23 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +4 min

As a result of the change, more taxpayers are likely to receive Form 1099-K, which reports third-party business payments to the IRS. Some lawmakers are pushing to increase the reporting threshold, so it could change further. However, regardless of the tax reporting threshold, it's important to remember P2P business payments have always been taxable, experts say. Here are some additional tips to consider before the reporting change in January. An accounting system may also make it easier to track business expenses, which may be deducted to reduce taxable income, Guarino said.

Persons: Tommy Lucas, Moisand Fitzgerald Tamayo, Lucas, It's, Jim Guarino, Baker Newman Noyes, Guarino, Adam Markowitz, I've, Markowitz Organizations: Getty, Taxpayers, PayPal, eBay, IRS Locations: Orlando , Florida, Woburn , Massachusetts, Windermere , Florida

☆ For Gen Z, Playing an Influencer on TikTok Comes Naturally
▼ + stars: | 2023-05-17 | by ( Sapna Maheshwari | ) www.nytimes.com time to read: +1 min

Rachel Aaron, a 24-year-old who works in public relations in New York, recently dressed up for a work event at Bloomingdale’s. In the era of “get ready with me” videos on TikTok, it was a golden opportunity to create content. Ms. Aaron, who has just 3,300 followers on TikTok, filmed herself chatting to the camera while selecting a black Skims dress, a blazer and a belt. Her post garnered a few hundred views and some favorable comments like “Slay mamas.”Ms. Aaron is not a major social media star, nor is she a celebrity. Among the links is her Poshmark page, where she resells her clothing.

☆ The Companies Trying to Make Live Shopping a Thing in the U.S.
▼ + stars: | 2023-05-10 | by ( Jordyn Holman | Kalley Huang | ) www.nytimes.com time to read: +2 min

But American consumers have yet to take to live shopping in the same way. In 2016, the e-commerce giant Alibaba launched Taobao Live, popularizing live shopping in China. Alongside Poshmark, QVC’s parent company Qurate recently started Sune, a live shopping app targeting Gen Z. Last year, Walmart, YouTube and eBay added or expanded their live shopping features. “In a very few short months, they’re proving that this form of live shopping works,” he added, referring to Posh Shows sellers like Ms. Lazovic.

☆ Poshmark CEO Manish Chandra Celebrates His Asian Heritage
▼ + stars: | 2023-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPoshmark CEO Manish Chandra Celebrates His Asian HeritageIn celebration of Asian American Pacific Islander Heritage Month, Poshmark CEO Manish Chandra stresses the importance distinguishing yourself in the workplace.

☆ I started hosting Poshmark live shows. My monthly sales jumped from $700 to $10,000 and the money has been life-changing.
▼ + stars: | 2023-05-07 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

Last year, she started hosting live shows, which pushed her monthly sales from $700 to $10,000. Last year, she began hosting live shows on the app. Alex MahlLive shows have led to life-changing money, but I'm not quitting my full-time jobLive shows on Poshmark have led to life-changing money for me. When I got access to live shows at the end of last year, I went from selling $700 a month to $10,000. Mahl's bulldogs join her Poshmark live shows.

☆ 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.

☆ A 44-year-old mom of 3 made $735,000 in a year from a reselling business she launched using just the clothes in her closet
▼ + stars: | 2023-04-24 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

She earned $735,000 in 2021 selling on social media livestreams and through brand partnerships. Mona Mejia "Everything was selling really quickly"In 2015, Mejia's family was in need of additional income to supplement her husband's pay. When she began listing more items, she noticed that "everything was selling really quickly" and real money was trickling in. Mona Mejia"The more you list, the more money you're going to make." Despite discounting, she says she's able to maintain high levels of profitability by only selling items she bought at especially cheap rates.

☆ I'm a stay-at-home mom reselling clothes on Poshmark. The side hustle gave me financial independence and the opportunity to book a family vacation, which I couldn't do before.
▼ + stars: | 2023-04-14 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

Sandra Wyer started selling on Poshmark as a side hustle and turned it into a full-time business. Last year, she began hosting live shows on the app and made $118,967 in annual sales. She told Insider that the live shows have doubled her monthly sales from $10,000 to $20,000. Sandra Wyer started selling on Poshmark as a side hustle. Sandra WyerHosting live shows has doubled my monthly salesI was initially hesitant to start live shows because I have stage fright.

☆ The most-wanted clothing brands at resale are probably hanging in your closet
▼ + stars: | 2023-04-11 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +3 min

Resale clothing shoppers are bypassing previously-owned luxury brands at discounted prices in favor of scoring secondhand mid-tier brands for less. As many as 75% of consumers have shopped, or are open to shopping, for secondhand clothing – and demand has only grown during the pandemic. Mid-tier brands like Zara, Levi's and Abercrombie & Fitch have emerged as some of the most popular clothing brands among resale shoppers. In this environment, he said secondhand shoppers are hyper-focused on value, especially when buying clothes, and mid-tier brands are sitting in this sweetspot. ThredUp competitor Poshmark said mid-tier brands like Nike, Free People, Zara and J.

☆ I sell used sneakers on Goat to pay for new pairs to add to my collection. Here's how to guarantee a sale on the resale platform.
▼ + stars: | 2023-04-10 | by ( Danni Santana | ) www.businessinsider.com time to read: +8 min

I've sold shoes in person and on Poshmark, but my favorite platform to sell sneakers is Goat. I have sold shoes in person and on Poshmark over the past year, but my favorite platform to sell sneakers is Goat. The company even authenticates all used shoes, in addition to new, which gives buyers more confidence they are not buying replica pairs. But I'm keeping my options open, especially if StockX begins to allow the sale of used shoes. The platform offers an easy way to sell shoes quickly that you barely wear or have buyer's remorse over.

☆ Teens drive $67 billion in spending. Here's where they're putting their money, and why it's bad news for some stocks
▼ + stars: | 2023-04-07 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +4 min

The wide-ranging survey saw teenagers reporting their spending this year will rise 2% from the spring of 2022 to $2,419. Gen Z girls are planning to pull back on clothing spending, which could spell trouble for apparel stocks in the months ahead. It's the top choice of places to shop for about 9% of the upper-income teens in the survey, Piper said. According to the survey, 49% of upper-income teens have purchased clothes on secondhand marketplaces like Poshmark, The RealReal and ThredUp , or at local thrift stores. Nike remains entrenched as the top apparel brand among all teens, a position it's held for more than 12 years.

☆ Here’s how the IRS says you should handle 1099-K tax reporting mistakes on your return
▼ + stars: | 2023-03-24 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

The 2022 threshold for Form 1099-K, which reports third-party business payments to the IRS, is still more than 200 transactions worth an aggregate above $20,000. That's slated to change for next tax season when the 2023 threshold drops to $600 for even a single transaction. In the meantime, you still need to report business income, regardless of whether you receive Form 1099-K, the IRS said in a news release on Thursday. "In effect, the IRS compares the information it receives from third parties to the information included on a tax return," he said. watch nowHow to handle 1099-K reporting errors

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