How To Get Started:

Now myself, I started part-time on eBay while I still worked my regular full-time job. As I made this big, long three-and-a-half hour commute each day, I kept thinking, “Man, Mike, you could make a lot of money selling full-time on eBay.”

Finally the commute got to the point where I said, “I just can't do this anymore. I'm going to make my full-time eBay business work.”

That’s a wonderful thing. Not many businesses allow you to start slow and build it gradually at your own pace. Normally when you start a business you have to hit the ground running because you have a large investment that you need to recoup very quickly.
That’s another advantage of having an eBay business.

Now some people reading this have zero eBay experience. They haven’t sold; they haven’t bought. We're even going to cover the basics of doing that.

Many reading this are familiar with the basics. They’ve probably bought a lot; they’ve sold a lot. That’s good experience to have.

The first thing that you want to do in getting started on eBay is you want to go sign up for eBay. There are some good courses right on eBay’s Web site on the basics. They have some online videos that will show you the basics of buying and selling.

That’s the first thing you want to do is go through and look at those videos so you can learn the basics.

Also what you need to do is sign up for Paypal. For those who are not familiar with PayPal, it is the number one way of paying for items on eBay. PayPal is a way of transferring money from person to person via e-mail. It’s the quickest way to purchase items or have somebody buy items from you.

In my business where I've sold over 15,000 items at this point, about 85% of my business is through PayPal. About another 10% is through a credit card. Another 5% is checks or money orders. You can see how major PayPal is. PayPal is now owned by eBay so they keep entrenching it deeper and deeper as a payment service. If you're going to do anything with eBay buying or selling, you must, must, must, must, must have a Paypal account.

Is Paypal Evil?

Some readers might have a negative attitude about Paypal. This might be based on some individual’s experiences that you have heard or read online.

It’s true that if you go to Google.com and search on Paypal you will find a bunch of Paypal Hate sites. It’s also true that Paypal has goofed things up on occasion and still does.

If one of these goof-ups involved you then being upset is understandable.

But think about this. Paypal has over 123,000,000 members. Let’s say they process 1,000,000 transactions each day.

Even if they are 99.999% perfect, they’ll still mess up ONE THOUSAND times a day.
Remember… No one is perfect!

So don’t sweat it. Even if you think Paypal is evil, they are a necessary evil if you want to make money on eBay!

Quite simply, if you don’t accept Paypal payments in your eBay business, you are shooting yourself in the foot and will be making it MUCH harder to succeed as an eBay seller.