Becoming an entrepreneur doesn't have to mean renting out a lavish workspace to become the next big tech company. In fact, many people today are finding lucrative success by simply reselling belongings.

However, you need to be able to take this opportunity and make the most of it, so that your revenue increases and you bring in enough money to quit your day job.

This is the goal for a lot of people, because it allows for more family time, travel and peace of mind.

To get started on your resale journey, consider the three tips in this article and reach out to resources in your city that can serve you accordingly.

Start Sourcing the Best Items Available

When you are looking become a power reseller, it starts with getting locked in to find the best inventory.

Whether you're selling on Amazon, eBay or local classified listings, make sure you're finding the most valuable inventory. Some great places to start include electronics like baby monitors, data storage, appliances and gadgets. You can also hit a goldmine by selling clothing on sites like eBay and Etsy.

Your city likely has lots of thrift stores that let you source quality items, such as Peak Thrift and various Goodwill and Salvation Army locations. Form some relationships with these thrift stores so you can get a heads up on when new merchandise arrives.

You will also want to look into garage sales, estate sales and giveaways. Since you are finding this merchandise at rock bottom prices, the potential for profit is absolutely immense.

Handle Your Logistics and Take Care of Your Financial Matters

Regardless of how relaxed the entrepreneur life is in 2018 on the surface, a business is just that -- business.

Because of this, you need to learn the ins and outs of having a budget, maintaining your financial records and paying taxes. Set up a few separate business checking and savings accounts so that your records are precise.

Learning to manage your business will help you know which tax write-offs you're eligible for, and can help you take the steps toward growth. One of the most important parts of growth might revolve around bringing in an employee to help you source items.

There are plenty of seminars and panels with organizations that can help you learn the ropes.

Carve Out Goals and Objectives That Count

If you want to go from a hobbyist to a lucrative business owner, it's important that you figure out the objectives that matter the most.

Start small, such as giving yourself a deadline to begin earning a profit. From there, benchmarks like paying your rent using your reselling business, and hitting certain dollar amounts.

By looking into the objectives that matter the most, you'll be able to navigate your decisions, such as deciding whether to go the traditional Amazon route or enrolling in Fulfillment By Amazon (FBA). You might want to eventually make the leap from reselling to private label, which opens a host of other doors.

In this day and age, it's more possible than ever for entrepreneurs to bolster their finances by reselling. Consider these three tips so that you are better able to embark on this journey.