Turning Unused Clothes into $10,000 a Month: The Success Story of Sophie Riegel

2024-03-16 05:30:06

There are ideas that may seem crazy, but they become tremendous successes. This is the story of Sophie Riegel, a young woman from North Carolina, United States, who turned her free time into a totally profitable side business. Here I tell you the details of how she makes 10 thousand dollars a month thanks to the unused clothes and second-hand items that she found in her house and nearby stores.

During her time as a freshman at Duke University in 2020, she found herself in an unusual situation: virtual classes due to the pandemic. At that moment, while he was at his home, he realized that he had a lot of things that he did not wear or use in any activity and it was there that he had the great idea of ​​selling them.

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Initially, Sophie sold some items of her own and made regarding $200. This led her to do more research and she soon began exploring thrift stores in her area. Over time, she began selling regarding $50 a day worth of used clothing, generating a steady stream of income, CNBC reports.

After graduating with a bachelor’s degree in psychology, Sophie continued to develop her side business which generated almost $123K in sales last year through platforms such as eBay, Mercari, and Poshmark.

Now, she sells around 10 items a day and dedicates up to 25 hours a week to this activity, in addition to working as a professional writer and mental health counselor.

He learned by watching videos on YouTube

Since starting, Riegel has earned over $192K in total net earnings. The final figure would be slightly higher due to in-person sales and other income that was not documented.

Sophie found success by researching and learning regarding brands and products that are in high demand on the second-hand market. She also developed strategies to optimize her time and resources, such as studying local stores’ restocking schedules.

“I followed tons and tons of other resellers [en YouTube]”, he points out. “I spent hours and hours learning brands, learning how to use all the platforms. And in my first year, I made regarding $70,000 in sales.”

Despite challenges such as inventory tracking and administrative tasks, Sophie sees no reason to slow down her side business.

His secondhand resale business represented almost 70% of his 2023 income. For this year, he expects a more equitable division as he plans to dedicate more time to public speaking coaching and consulting.

Sophie plans to expand her business further, using platforms such as YouTube to share her expertise and resell her advisory services.

For her, this work is not only a source of income, but also a passion that makes her happy and provides her with a sense of independence and personal fulfillment.

“I’m going to do it as long as I can. Both [carreras] “They make me happy,” says Riegel. “Both allow me to be independent and I don’t have to choose between one thing or the other.”

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