When did you earn your first dollar? How about your first thousand? Well, Will Deeth, a 14-year-old boy from Australia, found out he can make $10,000 a week by reselling stuff that he bought from China.
China Youth Daily reports that both of Will’s parents are businesspeople and they are engaged in importing goods from China. Will also wanted to give it a try and asked his parents if he could join them on their trip to China. His mom agreed and she quickly became his biggest supporter.
Will said that he didn’t only go to China for business, but pleasure as well. The family invited a translator to accompany them as they toured the Forbidden City, Summer Palace and Great Wall, and also tried out a unique foot massage during the trip.
Will selected a lot of Chinese goods (mostly toys) and brought them back with him to Australia. Since it was the Christmas season at the time, Will’s toys became very popular online, which made him a big seller on eBay. Will made $10,000 (66,547 RMB) in one week, after spending just $2,500 (16,637 RMB) on the toys.
Not bad at all! Will says he wants to buy himself a house before he turns 18 years old.
However, if he really wants to make some money, he should think about flipping his business model around as well. Chinese students in Australia with an equally strong business sense have found that they can make $3,000 a week by selling Australian baby formulas and health products to Chinese consumers.
By Sophie Wang
[Images via China Youth Daily]