{"id":83806,"date":"2023-10-20T10:28:38","date_gmt":"2023-10-20T10:28:38","guid":{"rendered":"https:\/\/happylifestyleinc.com\/?p=83806"},"modified":"2023-10-20T10:28:38","modified_gmt":"2023-10-20T10:28:38","slug":"i-started-my-handbag-hobby-with-400-now-its-worth-200k-my-man-quit-his-70k-a-year-job-to-work-for-me-the-sun","status":"publish","type":"post","link":"https:\/\/happylifestyleinc.com\/fashion\/i-started-my-handbag-hobby-with-400-now-its-worth-200k-my-man-quit-his-70k-a-year-job-to-work-for-me-the-sun\/","title":{"rendered":"I started my handbag hobby with \u00a3400 \u2013 now it's worth \u00a3200k, my man quit his \u00a370k-a-year job to work for me | The Sun"},"content":{"rendered":"

PLENTY of people dream about quitting their 9am to 5pm jobs and turning their passion projects into a full-time careers.<\/strong><\/p>\n

And if you\u2019re looking to find inspiration, you\u2019d be hard pushed to find a better role model than Ana Navabi.\u00a0<\/p>\n


\n<\/p>\n

The entrepreneurial whizz is the founder and CEO of Bags Chase, a London-based start-up that sells affordable pre-loved designer bags.\u00a0<\/p>\n

In the past six months, her blossoming business has turned over a whopping \u00a3200k.\u00a0<\/p>\n

Ana told Fabulous how with just \u00a3400, she turned her side hustle into a full-time career \u2013 and how it now even employs her former-banker husband.\u00a0<\/p>\n

HUMBLE BEGINNINGS<\/strong><\/h2>\n

Ana\u2019s idea took root in 2016, and started with a chance investment.\u00a0<\/p>\n

Read more real-life stories<\/h2>\n

<\/picture>FAMILY FEUD <\/span><\/p>\n

We're sisters at war – we scrapped in a curry house & I missed her wedding<\/h3>\n

<\/picture>LIL LIVING <\/span><\/p>\n

I built my own tiny home and now sell them – you must be 'ruthless' when moving<\/h3>\n

\u201cI started decluttering my clothes, because I just had a baby,\u201d the mum-of-two said.\u00a0<\/p>\n

\u201cI thought I don\u2019t fit in these extra small anymore, so I started selling non-branded bags, shoes and clothes on Depop and eBay.\u201d\u00a0<\/p>\n

<\/p>\n

But while browsing, Ana found herself a deal on a pre-loved Mulberry Alexa bag which was simply too good to pass up.\u00a0<\/p>\n

She snapped it up for \u00a3400, but after using it for a week, she realised \u201cit wasn\u2019t for me\u201d.<\/p>\n

Most read in Fabulous<\/h2>\n

<\/picture>MYSTIC MEG <\/span><\/p>\n

Love-wise, security may not seem exciting, but it\u2019s what you need right now<\/h3>\n

<\/span><\/p>\n

<\/picture>BEAN A BIT THICK <\/span><\/p>\n

You’ve been making your beans on toast all wrong \u2014 as Heinz releases guide<\/h3>\n

<\/span><\/p>\n

<\/picture>LOVE LIES <\/span><\/p>\n

I’m leaving my husband and four kids for a 26-year-old I’ve met online<\/h3>\n

<\/span><\/p>\n

<\/picture>BARE-FACED CHEEK <\/span><\/p>\n

The moment a woman turned up for a park picnic with ‘no trousers’ on<\/h3>\n

<\/span><\/p>\n

But when she decided to sell it on and cut her losses, she unexpectedly bagged a \u00a360 profit \u2013 and the savvy businesswoman quickly realised she was onto something.\u00a0<\/p>\n

SCALING UP<\/strong><\/h2>\n

Ana decided to invest the money she\u2019d made reselling the Mulberry into purchasing a Louis Vuitton Neverfull, which she then peddled for a \u00a3100 profit.\u00a0<\/p>\n

\u201cSo from then on, I started buying one bag per week, and then reinvesting the money into the next<\/span>,\u201d she explains.\u00a0<\/p>\n

As she continued to have such success listing pieces on online marketplaces, the savvy seller began branching out and purchasing more and more hand bags each week.\u00a0<\/p>\n

\u201cEvery week instead of one, it became two, three, four,\u201d she said, until the company came too big for her to manage alone.\u00a0<\/p>\n

Back then, her husband Seth had been working as a banker at Goldman Sachs on a hefty \u00a370k-a-year salary.\u00a0<\/p>\n

Seth was fed-up with the long hours and wanted a better work-life balance so he could spend more time with the kids \u2013 and Ana\u2019s burgeoning business offered a prime opportunity.\u00a0<\/p>\n

So in September 2022, the daring duo decided to go for it and push ahead with Ana\u2019s passion project.\u00a0<\/p>\n

<\/p>\n

As the business developed, people began approaching the canny couple for help selling their items.\u00a0<\/p>\n

\u201cPeople come to us and say \u2018This is my private collection, and I just want it liquidated,\u201d Ana explains.\u00a0<\/p>\n

The duo give the seller a quote and pay a lump sum, before selling the bags individually \u2013 and as such, bringing in a hefty profit.<\/p>\n

By April 2023, they were approached by an online-auction site, Whatnot, which wanted to host the auctions through which they sell their items.\u00a0<\/p>\n

Right now, the canny couple sell a whopping 100 bags a week \u2013 and they\u2019ve raked in an absolutely remarkable \u00a3200k in the last six months.\u00a0<\/p>\n

\u201cWe have put all our efforts and inventory into this for five months,\u201d Ana said.\u00a0<\/p>\n

\u201cAnd little did we know we\u2019d make this much.\u201d\u00a0<\/p>\n

WE WISH WE'D KNOWN…<\/strong><\/h2>\n

From monetising a side hustle to becoming business partners with your spouse, Fabulous asked Ana and Seth for their advice for people inspired by their journey.\u00a0<\/p>\n

Seth said: "If you\u2019re going to do a husband and wife team, you have to be prepared for a lot because you\u2019re now going to be working together as well as living together and looking after the kids together.<\/p>\n

<\/p>\n

\u201cSo that\u2019s gonna put some extra strain on your marriage. So you better make sure that you\u2019ve got a good relationship with your spouse, if you\u2019re gonna go in as a couple. That\u2019s probably my number one recommendation.\u201d<\/p>\n

Ana, meanwhile, is passionate about making use of the opportunities that the internet now offers for fledgling entrepreneurs.\u00a0<\/p>\n

\u201cFor me, I\u2019m really happy that we didn\u2019t start with a physical store,\u201d she said.<\/p>\n

\u201cAlways start online. If you can start on social media, Facebook, Instagram, TikTok. If you have already, start with your friends and family selling, and then start building you social media.\u201d<\/p>\n

\u201cIf you can grow and sell there, I think you have massive, massive potential.\u201d\u00a0<\/p>\n

And the duo agree that turning a side hustle into a career is much easier if you find something you\u2019re truly passionate about.\u00a0<\/p>\n

It\u2019s much easier than to \u201cspend a good amount of time thinking of ways to monetise that\u201d, without it feeling like a chore.\u00a0<\/p>\n

BAGS, BAGS, BAGS\u00a0<\/strong><\/h2>\n

If you\u2019re ever looking to splurge on a second-hand bag yourself, Ana and Seth have some top tips to ensure you snap<\/span> up an investment piece.\u00a0<\/p>\n

\u201cWe love vintage pre-loved more than a new model,\u201d she explains. \u201cThe craftsmanship is so good.\u201d\u00a0<\/p>\n

\u201cCeline is making a comeback,\u201d Ana notes. \u201cAnd a good condition Chanel classic. They always get snapped.\u201d\u00a0<\/p>\n

The model would set you back \u00a38k if new, but Ana says a second-hand one typically holds a value of \u00a34k or a little less.\u00a0<\/p>\n

Seth says if you invest in a Chanel classic flap, you can bet that \u201cevery year, there\u2019s gonna be at least 10% price increase\u201d.<\/p>\n

Read More on The Sun<\/h2>\n

<\/picture>moving on <\/span><\/p>\n

MAFS star Shona finds love with another show star – who\u2019s married to rival bride<\/h3>\n

<\/picture>HAIR ME OUT<\/span><\/p>\n

Beauty pro says you've been shaving your legs all wrong, here's her method<\/h3>\n

\u201cI also think the Neverfull, you can\u2019t really go wrong with Louis [Vuitton].\u201d\u00a0<\/p>\n

Fabulous will pay for your exclusive stories. Just email: fabulousdigital@the-sun.co.uk and pop EXCLUSIVE in the subject line<\/strong><\/p>\n


\nSource: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

PLENTY of people dream about quitting their 9am to 5pm jobs and turning their passion projects into a full-time careers.<\/p>\n","protected":false},"author":2,"featured_media":83805,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yoast_head":"\nI started my handbag hobby with \u00a3400 \u2013 now it's worth \u00a3200k, my man quit his \u00a370k-a-year job to work for me | The Sun - happy LifeStyle inc<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/happylifestyleinc.com\/fashion\/i-started-my-handbag-hobby-with-400-now-its-worth-200k-my-man-quit-his-70k-a-year-job-to-work-for-me-the-sun\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"I started my handbag hobby with \u00a3400 \u2013 now it's worth \u00a3200k, my man quit his \u00a370k-a-year job to work for me | The Sun - 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