You've probably heard about how much money can be made on eBay. With dreams of quick riches and easy money, you are probably ready to jump in with both feet - right now! The best thing you can do if you are serious about making money with eBay, however, is to chill out. Being successful on eBay takes as much planning and effort as operating a business in the 'real world.'

eBay has over 100 million members. Think about that number for just a minute or two. When you get your eBay business set up, that is how big your customer base will be - instantly. 100 million people - 100 million people who are just waiting for you to get set up and running so that they can throw money at you! As in most cases, beware the law of large numbers. It is true that the reach of eBay is incredible, but at this point, the market doesn't know that you exist. In fact, no matter how well you do on eBay, most of them will never know that you exist. 100 million is a very large number.

The most successful eBay sellers started out as buyers - and you should too. This will give you a sense of how everything works. It will also show you how things are from the buyer's side of the fence. Let's call this period of time 'consumer research.' You are literally studying how eBay works, from a customer's point of view. You may not realize this, but this eBay buyer experience will actually make you a much better seller - right from the very start.

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