![]() These losses became less frequent as I gained experience in my specialty areas. Since I couldn’t immediately look up an item on a smartphone, I ended up wasting a lot of money on junk from garage sales that had no resale value. My niche was primarily garage sales, although I also found some great items at dollar stores. This is what I did on eBay, except I did this before the smartphone era. Retail arbitrage is where an individual purchases an item at a low cost, usually from a retail store, and immediately checks a site like Amazon or eBay to determine if I can resell it at a higher price. I hear a lot of people talking about retail arbitrage these days. This is where I made most of my side hustle money in college. My other side hustle was reselling items on eBay via garage sale flipping. I narrowly missed having several hundred dollars inaccessible for months or even years. Thankfully, I ended up making my final withdrawal the week before the government froze many poker sites in the US. Playing at higher stakes never ended up being profitable. My winnings were consistent in low-dollar tournaments. I wasn’t the best poker player, but I was decent enough to profit a few hundred dollars a month. One way I made extra money was by playing online poker. ![]() Garage sale flipping allowed me to make decent money on a flexible schedule. The term side hustle wasn’t a common phrase back then, but that’s what I was looking to do instead of a typical job. Therefore, I had to develop a creative way to make extra spending money. My parents helped pay my rent, but I was on my own to spend money. It was a great experience that I wouldn’t trade for anything, but finding a typical college job was challenging. Weight lifting sessions began at 6:30 am three times per week, including then a full day of classes, baseball practices or games, and homework. I played baseball in college, which in itself was like a full-time gig. In college, I found myself trying to make extra money since I didn’t have the flexibility to work a more traditional job. I was in my last class of grad school before Facebook became mainstream around 2005, and my MySpace profile was all kinds of awesome (not really). I created my eBay account pre-2000, and I played online poker on sites such as Full Tilt and Party Poker. I grew up in the dial-up generation where America Online (AOL) was king. I’m in that weird age range where I’m sometimes considered an old millennial and, other times, a young member of generation X. It has been a while since I was in college.
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