Hook
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If I was 18 years old and I wanted to make my first 10,000 pounds, here's exactly what I would do. First off, get a part-time or full-time job and save my first 1,000 pounds. Once I've made my first 1,000 pounds, I'll do some research and find a good supplier so I can start reselling product. Now, reselling comes in many different shapes and sizes. There are multiple ways you can make money from reselling. I choose to do it in clothing, but you can do it whichever way you want. Now, whilst I'm still working my job, I would start to build up my reselling business. Once my first batch of second hand clothing has arrived. I will get it listed on as many platforms as I can to maximize the chances of sales coming in. Once those sales start rolling in, I will then reinvest all of my profits back into my business. This is the important part. What most people do is as soon as they see some profits coming in, they take money off of the table instead of reinvest into the business. This is the fastest way to kill your reselling business. I would probably wait until my reselling business is generating at least 2 to 3,000 pounds a month before quitting my job. At that point, I would quit my job and then double down on everything I've already been doing. Everything I've done to make 3,000 pounds a month, I'm going to do three or four times more of it to rapidly expand and grow my resale business. That's how I'd make my first 10k, what would you do?