“She grinds from Monday to Friday, works from Friday to Sunday.” – Queen B, Beyoncé, Beyonslay, B
I moved to NYC for a part-time job. I was so desperate to get out of my hometown and get started on my career, that when I was offered a two-day-a-week position, I jumped on it.
After college, I worked at a local publishing company making a whopping $8/hr as an assistant editor. On the weekends I served at a local restaurant to make some extra cash, but it still wasn’t enough money to move out of my parents’ basement – which I so desperately wanted to do.
In hindsight, I would’ve never been able to get started in NYC without the safety net I built for myself, so I’m thankful for that situation albeit challenging. Most of my friends had already left home, so I rarely went out and spent money. I paid my student loan payment, my car payment, and put whatever was leftover in the bank. I set my sights on getting out, and worked at it incessantly – all the while slowly building up my savings account.
When I finally moved to NYC nearly two years ago now, I spent almost half of my savings on the security deposit, first month’s rent, and furnishing my share of the apartment. I was really apprehensive about doing anything other than eating cereal for breakfast, lunch and dinner and spending my five days off from work exploring and window shopping since I was barely making enough money to cover my student loans. I was ecstatic to be in a new city – and arguably the best city in the world – so my tight budget didn’t weigh too heavily on me. I knew I’d figure something out.
Those first few months came and went. One more day was added to my work schedule along with the promise of a steady climb to full time from there, but I knew I had to find another revenue stream. I looked at my overflowing closet and drawers and decided to see if I could make some extra cash by selling some stuff online. I figured, if anything, the extra cash could be used toward some happy hour rosé.
I put a few things up on a couple of apps/selling platforms that I did some research on (Tradesy and Poshmark to start, Mercari and eBay eventually rolled into the rotation), and lo and behold, something sold! I was so excited that I hardly noticed that after the 20% commission was taken out of my sale by Poshmark, I only made $14. Regardless, it was the thrill of the sale!
I quickly became a woman obsessed. I would check the app constantly, I learned the lingo (NWT: new with tags, PP: PayPal, NWOT … You get it). Soon enough, I was running a full-fledged underground business – except super legal. My boss and manager wanted in on the fun. They offered me 30% commission on whatever items I could sell for them, which ran the gamut from never-worn Louis Vuitton shoes to Gucci purses. I was lugging home shopping bags full of my new loot, styling chic little photo shoots, stealing packaging from the supply room at work, running to the post office nearly everyday, and, best of all, making money!
The idea that I had the power to actually bring in some extra cash to cover spending for the month (be it a night out, new clothes, or the luxury of a fresh salad) made me feel something I hadn’t felt in a while: opportunistic. There’s a whole WORLD of opportunity out there – we just have to reach out and grab it. Or in this case, sell it.
As of today, I have more than 15,000 followers on Poshmark alone. I’ve made more than $7,000 selling product in total – before I divvied out the funds to my partners – across all platforms. I have been able to include an average amount from selling in my monthly income. I’m considering putting all of my tips, tricks and tales of being a boss online consignment guru into an e-book to help gals like me make some extra spending money. Thoughts?