Early Struggles and Odd Jobs
Francisco Rivera’s journey from college graduation to successful entrepreneur is a testament to the power of determination and innovation, Unable to find a job in his desired field of music production, Rivera turned to odd jobs, including working at an Apple Store and tutoring online, However, these jobs were neither fulfilling nor lucrative compared to what he does now.
Etsy Venture Begins
In February 2023, Rivera started selling print-on-demand candles on Etsy, initially dedicating four to five hours a day to his new venture, Two months later, a surge in popularity changed everything,With over 70 orders in a single day, Rivera realized the potential of his side hustle, Today, he manages his shop in just 20 minutes a day, thanks to its success and his streamlined business model.
Surge in Popularity
Rivera’s shop earned him an impressive $462,000 in sales last year, averaging $38,500 per month, He attributes 30% to 50% of each sale as profit, with the rest covering expenses like Etsy fees and marketing, His success allowed him to quit his tutoring job in December, giving him the freedom to travel and work on personal projects.
Skills from Past Jobs
Rivera’s background in customer service, acquired from his time at Apple stores and online tutoring, has been instrumental in his success,along with His ability to multitask, build relationships, and solve problems has translated well into managing his shop and customer relations.
Despite the saturated market, Rivera managed to stand out by focusing on candles, a relatively less popular product, and providing exceptional customer service, He constantly experiments with strategies and learns from YouTube tutorials to improve his shop and stay ahead of the competition.
Future Plans
Looking ahead, Rivera is considering expanding his business, potentially by creating print-on-demand YouTube videos, However, he values his free time and flexibility, indicating that any expansion would need to align with his lifestyle and passions.
Conclusion
Rivera’s story is a testament to the possibilities of side hustles and the potential for financial success with dedication and innovation,His journey highlights the importance of leveraging existing skills, embracing trial and error, and maintaining a balance between work and personal pursuits.
FAQs
- How much time does Francisco Rivera spend on his Etsy shop?
- Rivera manages his successful shop in just 20 minutes a day.
- What is the profit margin of Rivera’s shop?
- Rivera estimates that 30% to 50% of each sale is profit.
- What expenses does Rivera’s shop cover?
- The remaining cash pays for Etsy fees, marketing, and the service he uses to connect with manufacturers.
- How did Rivera stand out in a saturated market?
- Rivera focused on candles, a relatively less popular product, and provided exceptional customer service.
- What are Rivera’s future plans for his business?
- Rivera is considering expanding his business, potentially by creating print-on-demand YouTube videos.
Discover more from TechNrjs
Subscribe to get the latest posts to your email.