184: Hannah Ouimet, Poshmark Entrepreneur and Founder of Hannah Beury

Published: July 14, 2015, 7 a.m.

Hannah Ouimet is here on\xa0the show today. She's running a six-figure fashion business from her phone, yes, by selling\xa0some of her unwanted clothes and accessories. And now she's gotten so good at it, she knows\xa0how to buy items elsewhere at a low cost and re-sell them. And by the way, she's only 23-years-old. She got her start in college and she's still in college. She decided to just sell some things\xa0from her closet that she didn't want anymore to make a few extra bucks, and she did this on a\xa0site called "Poshmark", which allows users to sell their unwanted clothes and accessories to\xa0fellow Poshmark App users.And before she knew it, Hannah was not only making a profit selling her own stuff, but also her\xa0friends items. She started buying designer apparel on deep discount, reselling that for a profit,\xa0and over time she has amassed something like 2 million users on Poshmark and she's been\xa0inspired to actually go out on her own, still working with Poshmark but also starting her own\xa0e-commerce shop called "Hannah Beury". Her success story's been covered by the Wall Street\xa0Journal, Fox News, and Refinery29 among other places. And now she's on So Money! Very\xa0proud and excited to share her journey with you because I think what it really teaching us is that\xa0with an app and a phone and some unwanted clothes, and we've all got some unwanted items in our closet, you can make a few bucks and in best case scenario you can turn it into a lucrative business and it is this entrepreneurial success story that has brought her to this show.