How a Former Teacher Turned Furniture Flipping Into a Thriving $5K Monthly Business
Elizabeth Guevara
Personal Finance Journalist #Personal Finance News
0
3.3K

How a Former Teacher Turned Furniture Flipping Into a Thriving $5K Monthly Business

Discover how McKay Floyd transformed a simple furniture project into a lucrative full-time side hustle, earning up to $5,000 monthly by refurbishing and selling furniture.

McKay Floyd’s journey began with a simple need for an affordable dresser, but it quickly evolved into a profitable career. Formerly a fifth-grade teacher in Atlanta, Floyd tapped into her skills and passion for DIY furniture restoration to create a flourishing side business.

Facing rising living costs and inflation, many Americans are embracing side hustles to boost their income. According to recent surveys, over half of U.S. adults have taken on additional jobs to supplement their earnings, and McKay’s story is a perfect example of this growing trend.

Initially, Floyd refurbished a dresser she purchased for under $50 from Facebook Marketplace to furnish her son’s bedroom. After successfully selling it, she realized the potential to turn this hobby into a reliable income source.

From Hobby to Full-Time Venture

What started as a one-time project soon became a full-time endeavor. Floyd now regularly sources furniture pieces from thrift stores and online marketplaces, invests time in cleaning, repainting, and refinishing them, and lists the transformed items for $500 or more.

Her monthly earnings fluctuate between $3,500 and $5,000, depending on inventory and sales volume. Transitioning from a fixed teaching salary to variable income posed challenges, but Floyd embraces the flexibility and creative freedom her new career offers.

Leveraging Social Media for Growth

Social platforms like TikTok have been instrumental in expanding Floyd’s customer base. By showcasing her projects online, she attracts buyers and collaborates with brands, supplementing her income further.

While balancing work and parenting can be demanding, Floyd appreciates the ability to work from home and spend quality time with her son—a lifestyle she credits to her furniture flipping business.

Tips for Aspiring Furniture Flippers

Floyd advises beginners to start small, practicing on existing furniture pieces before investing in more expensive items. This approach helps build skills and confidence, paving the way for a successful flipping venture.

"The best part is working from home, earning more than I did teaching, setting my own schedule, and unleashing my creativity through design," Floyd shares enthusiastically.

Discover engaging topics and analytical content in Personal Finance News as of 19-09-2024. The article titled " How a Former Teacher Turned Furniture Flipping Into a Thriving $5K Monthly Business " provides new insights and practical guidance in the Personal Finance News field. Each topic is meticulously analyzed to deliver actionable information to readers.

The topic " How a Former Teacher Turned Furniture Flipping Into a Thriving $5K Monthly Business " helps you make smarter decisions within the Personal Finance News category. All topics on our website are unique and offer valuable content for our audience.

0
3.3K

InLiber is a global news platform delivering fast, accurate, and trustworthy information from around the world.

We cover breaking news and insights across technology, politics, health, sports, culture, finance, and more. Designed for all internet users, InLiber provides a user-friendly interface, verified sources, and in-depth coverage to keep you informed in the digital age.