Business

I quit my job at 24 and now make $141 million in revenue every year from selling clothes

TORI Gerbig quit her $25,000-a-year insurance job at age 24 in 2011 – and she now makes millions selling clothes on eBay.

The savvy entrepreneur, now 35, started selling clothes on eBay and Etsy to make extra money while she was on maternity leave.

Tori Gerbig, founder of Pink Lily, quits full-time job at 24

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Tori Gerbig, founder of Pink Lily, quits full-time job at 24Credit: Instagram / torigerbig

Selling clothes online came to Tori as an idea because she loves shopping online, reports CNBC.

To start their eBay and Etsy stores, Tori and her husband, Chris, first spent $300 on clothing and accessories from a wholesale website.

Tori is not familiar with pricing strategies, so she says she will price items at what she would pay as a customer.

For the first few years, she and her husband would work out of their living room.

Tori noted that the profits during this period were not so great. They typically range from $300 to $1,000 per month.

However, she will use her profits to pay off student loans or invest back in the business.

Then Tori started an individual Facebook Groups to the clothing market in 2013.

This Facebook group really helped her build a loyal customer base.

By the end of 2013, she had $20,000 in profit.

The couple used this to launch the official website of the business called Pink Lily.

Currently, Pink Lily is said to be one of the fastest growing online fashion retailers in the US.

Last year, the online clothing business generated a total of $141 million in revenue.

Its social media audience has also grown to 3.6 million followers.

The company sells more than 11,000 products on its website every day and employs about 250 full-time people.

Based on NatfluenceSome of Tori’s wise words are “don’t get too comfortable with your success. Always set new goals when you reach the first one.”

The Sun also explained How a 36-year-old photographer went from having $10 in her bank account to $109,000.

More, A savvy couple reveals how they saved $10,000 in just 100 days.

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https://www.the-sun.com/money/4651370/quit-job-sell-clothes-ebay-pink-lily/ I quit my job at 24 and now make $141 million in revenue every year from selling clothes

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