Thanks allstate, jchua010 and makav31i
I do agree there are tons of information of selling on Amazon, Qoo10, Ebay on the internet and is free.
My concern is, is it achievable, if you do not own a physical business, just by homebased freelance, able to sustain a fulltime income.
Yes, of course. But you need to expand your goals once your business is moving up. That is when you will need a warehouse if you are selling physical goods. There is this 2 sisters selling ladies stuffs online. Did it online at home, now they have a walk in shop at Yishun. It think they are called Shop now lah or something. Their qoo10 sales are amazing. If you are doing freelance, what are you thinking of doing? Web designing? Art & crafts? There are places for you to start out. Online, etsy, fiverr. offline - Flea markets are as cheap as $10 per day to $120 a day at shopping malls.
If you have tried forex, it is also one way to generate passive income. Try having a realistic goal like 5 - 10% a month, if you want to double your money then to be honest, a normal forex trader will burn 3 full accounts before profitable. Everyday is a learning process. Set your goals right, know what you want to do.
There is no holy grail!!!
You mention "sustain a fulltime income" What amount is that? 3k, 5k, 10k or more? Tell us more so we can help in whatever we can.