How a Stay at Home Mom Lives Her Dream Selling Books Online

When I mention I am a stay at home mom who sells books online, people’s ears perk up.Christine Olson I bet they would perk up even more if I told them I am going to do over $70,000 this year working 3-4 hours a day. Some things are better left unsaid – that kind of information is better spread by gossip. I could causally mention it when asking a neighbor if they know a good accountant. It’s fun to brag, but one needs to be careful.

Exactly one year after I had my first son I was aching to fill a gap in my life. That gap was selling books. I had managed a bookstore for the previous 12 years. I was ready to give it all up to be a full-time stay at home mom. I started to get the itch after a few months, but at the one-year mark, I was going crazy.

So I …

  • Got myself a credit card
  • Registered with the IRS
  • Registered with the state
  • Opened a bank account
  • Made room in my basement
  • e-mailed a wholesaler
  • Asked for a current booklist
  • Ordered $500.00 worth of books

Book in Home OfficeIt took a week and about 500 bucks and I was in business! I was able to pay the $500.00 back in 2 months. Since the initial $500.00 investment I have never gone into debt. After that, I just kept on ordering and kept on selling. The books crept out of the space I had set aside into more common areas of the house. It was obvious that if I wanted to keep expanding the business we were going to need more room. 2 years into the business we bought a bigger house and had another baby boy. Now I have 500 square feet set aside set up with industrial steel shelving. That space is quickly filling up.

  • There is no secret to making money online – it’s like any other business – I provide value to my customers
  • People assume I buy most of my books at garage sales or library sales and sell them for a small, tidy profit – they are wrong – I buy them wholesale
  • I’ve been in the book business for over 12 years – but it doesn’t take 12 years to build wholesale relationships. I’ve never met most of my wholesalers or even talked to them on the phone
  • I order all my products online, from my cozy basement home office
  • Once in awhile I will go to a trade show to find a new wholesaler, but honestly, I haven’t done that in over 4 years

If you think I’m going to tell you who my wholesalers are, forget it. No one making a good income selling online is going to hand over a list of their wholesalers, so don’t ask. The bookselling business is insanely competitive. My wholesalers sell online to the public; competition can’t get much tougher than that. I’m convinced that I can reach $150,000 or more per year without sacrificing my customer service and small business feel. I am constantly trying to figure out how to get technology to become my surrogate employees.

Read this to learn more about selling books online.

To find out more about how you can start your own internet based business check out Skip McGrath’s site.

58 thoughts on “How a Stay at Home Mom Lives Her Dream Selling Books Online”

  1. Hi Christine,
    It’s 2011, is it still profitable to sell books? I had planned to sell other items, but my heart is with books. Someone told me it’s kind of unwise because of Amazon. Your article has motivated me to try anyway. It is a lost start-up business.

  2. Your story is so inspiring. To have the courage to follow your dreams. I want to be able to try and start my own bookselling business and soon. I just hope that my courage is a great as yours.

    Flake

  3. Hi Christine,
    Just want you to know I still refer back to your page from time to time. I think it’s wonderful how you actually respond to post even though this article has been here for years. Also, thanks for the email. You make a dream seem attainable.

  4. Hi Christine,
    I know you’re extremely busy. Just wondering how you handle paying the fees for all these venues, and which venue is more “user friendly” for a novice?

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