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July 18, 2016By Paula Pant

#34: How I Built a Six-Figure Online Store — with Steve Chou from My Wife Quit Her Job

How I Built a Six-Figure Online Store -- with Steve Chou from My Wife Quit Her Job

Steve Chou’s wife used to work grueling hours at a job she dreaded and despised. When she became pregnant with their first child, she decided to quit.

The problem? She earned six figures, and their family needed that income.

She opened an online store, buying handkerchiefs wholesale from China and retailing these online at a significant markup. She and Steve worked together to build a retail website and find customers. They bought Google Ads; they wrote blog posts; they created seller accounts on various shopping portals.

They earned more than $100,000 in their first year of business. Their income has grown every year since.

Steve is now quitting his job, too.

In this episode, Steve explains how he and his wife earn six figures as online retailers while enjoying a more relaxed, autonomous lifestyle.

He offers pointers for anyone who’s interested in making money selling goods online — either as a side business or as a method for quitting your day job. (You can also find out more at Steve’s blog, My Wife Quit Her Job.)

Enjoy!

________________

Huge thanks to Freshbooks for sponsoring this show! They make invoicing easy. If you’re an entrepreneur or side hustler, you’ll save time with their automated invoicing tools.

Try them FREE for a month (and support this show!) by visiting freshbooks.com/paula, and when they ask “How’d you hear about us?,” please say Paula.

Thank you for listening and supporting the show!

#35: How to Start Freelancing on the Side, with Carrie Smith from Careful Cents
Next Newer Episode »
#33: How I Became a Millionaire on a Military Salary - with Doug Nordman
Next Older Episode »

Posted in: Entrepreneurship, Episodes

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Afford Anything

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