Dec. 3, 2024

125: Lessons From A 6-Figure Etsy Seller

125: Lessons From A 6-Figure Etsy Seller

How do you grow a creative side hustle into a thriving business with over 12,000 sales? 

Megan Walsh answers that in today’s episode. She's a 6-figure Etsy seller who balances nursing, her family, as well as her shop. She shares how she prices her products, manages competition and copycats, and why at times you’ll need to be prepared to pivot.

You can watch it on video too!

How do you grow a creative side hustle into a thriving business with over 12,000 sales? 

Megan Walsh answers that in today’s episode.

She has built her 6-figure Etsy store selling aromatic wall décor and collectables, while working as a nurse and managing the demands of a family and everyday life.

You’ll hear;

  • How Megan prices her products to ensure she gets paid for her time,
  • Why you should sometimes remove a product from your listings,
  • How to deal with copycats who are stealing your images, and
  • Tips for balancing a demanding career, family responsibilities, and a thriving side hustle.

While Megan juggles her side hustle with nursing and family responsibilities, she’s refreshingly honest about the moments of burnout and what she does to keep that at a minimum.

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Need a little (and sometimes big) push to start and stay focused to grow your side hustle? Dive into my online Masterclass: How To Turn Your Thoughts Into Wanted Things.

What You’ll Hear:

02:51 Megan’s Current Bestseller on Etsy

04:01 Inspiration Behind the Product

06:32 Choosing to Sell 100% Through Etsy

09:06 Turning to Crafting (and Etsy) To Deal with Anxiety 

10:03 Dealing With Sellers Stealing Her Photos

10:56 Reaching Out to Etsy About the Theft

12:40 First Big Seller - The Charlie Brown Scarf

14:31 Appeasing the Neighbours When Sewing at 4:30 am

15:57 Fitting It All In -  Setting Your Intention  

16:38 Megan Gets Burnt Out Too - Here’s How She Copes

17:56 Putting Store on Vacation Mode

18:26 Biggest Helper is Megan’s Husband

19:47 Biggest Challenge In the Early Days and How She Coped

20:40 Considerations For Choosing A Business Name

21:47 Megan’s First Sale

22:42 Advice for New Sellers

25:26 Strategies When An Item Isn’t Selling

26:00 Pricing Strategies

28:48 Megan’s Gross Revenue $120,000 with Net Profit Is About One-Half

31:22 She Wouldn’t Change A Thing

35:16 Megan’s Best Tip For Side Hustle Success

Wrap-Up

36:52 Comments on Current Etsy Fees

37:31 Success Has A Lot To Do With Your Response To Challenges

39:02 Selling Digital Products Offers More Of A Passive Income Model  

39:15 A More Passive Model - Episode 39: Excelling On Etsy, With Rachel Jimenez  

Connect with Megan:

Megan's Menagerie Etsy Store

Her Instagram

Connect with Joan:

Instagram

Facebook

About Joan

Be on the show!

Tell us about your side hustle success story!

Megan's Eucalyptus And Lavender Wall Hanging:

Eucalyptus and Lavender Wall Hanging