Meet Mark Radcliffe, UK’s First eBay Millionaire at 30

Since 2013, more than 200 eBay sellers have become millionaires in UK. The new in the line is Mark Radcliffe, who few weeks back, became the first eBay millionaire at 30 out of an online bathroom retail business. While his achievement is quite fancy, the story behind this success is equally fascinating.

Here are few excerpts from his interview to a leading publication:

On if he knew he would come all the way where he is right now:

“Yes, I did. From the age of 18 I used to say to my mother: “By the time I am 25, I will have a Ferrari.” When I bought my Ferrari I had just turned 26. My motivation to work hard as a teenager was to acquire a quality car.”

On if he wanted to slow down and relax after he made his first million:

“I could not slow down when I had made my first million pounds profit, in 2013, because I was already looking at the next milestone — £2m profit.”

On the secret behind his success:

“Put simply, it is discipline and hard work. For the first six years I got up at seven in the morning, wandered down to the garden shed and worked until 10pm or midnight. (…) The sacrifice was not having a social life, but I just didn’t think about it until afterwards.”

On what was the best preparation for his business:

“It was working from a very early age”

On his business philosophy:

“Embrace the good luck when it comes along, and do not be defeated by bad luck. In every negative situation you can always find a positive.”

5 Lessons for Sellers

Putting down this interview into a series of lessons for other eBay as well as Walmart marketplace sellers, who are working tirelessly to turn their dreams into realities, here’s what you can learn:

1. Early start is always good. So don’t push things for tomorrow what you can do today.
2. Focus on a goal and work towards it every single day.
3. Have the right help by your side. Be it experts or e-commerce platforms to integrate your stores for better Amazon eBay inventory management and more.
4. Never settle. When reached one milestone, stride to another one.
5. Nothing beats discipline and hard work (and consistency)

Source- https://www.ft.com/content/bda800c6-9c5c-11e7-8b50-0b9f565a23e1