New Generation of Online Entrepreneurs Are Cashing in ; Hundreds of Thousands of People Have Offloaded Their Unwanted Belongings and Made a Little Extra Cash Via Online Auction House Ebay. But the Advent of the Recession Appears to Have Created a New Generation of E-Entrepreneurs Who Are Taking the Idea of Running Their Own Online Business Much More Seriously. Karen Dent Reports.

The Journal › January 28, 2010

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Summary

RECESSION-fuelled fears about job security and income are being credited with causing a boom in the number of people starting up small online businesses, while continuing to hold down their main jobs.

An estimated 170,000 people in the UK have set up internet-based enterprises to resell items, according to PIXmania-PRO which operates an online reselling service.

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Extract

New Generation of Online Entrepreneurs Are Cashing in ; Hundreds of Thousands of People Have Offloaded Their Unwanted Belongings and Made a Little Extra Cash Via Online Auction House Ebay. But the Advent of the Recession Appears to Have Created a New Generation of E-Entrepreneurs Who Are Taking the Idea of Running Their Own Online Business Much More Seriously. Karen Dent Reports.

Seven out of 10 e-entrepreneurs who took part in the survey said they had launched their business while still working in their full- time job and just 3% viewed their online...

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