Selling conole games online?

You don't need a "video game license" to sell console games. You just buy them from from a distributor and then sell them on. As an online shop you obviously have slightly different issues than a normal retailer, such as online order processing, secure transactions and which delivery service to use. Other than that it is much the same as setting up a shop. You need money to set up/host the site, money to buy stock, money to advertise your business and enough money to live until the business starts to make a profit.

i think that something like ebay where indie developers could sell their products would be awesome, hopes this works and keep us informed!!!

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You don't need a "video game license" to sell console games. You just buy them from from a distributor and then sell them on. As an online shop you obviously have slightly different issues than a normal retailer, such as online order processing, secure transactions and which delivery service to use. Other than that it is much the same as setting up a shop. You need money to set up/host the site, money to buy stock, money to advertise your business and enough money to live until the business starts to make a profit

I think he means that he wants to actually publish games for these consoles and distribute them online. Am I correct? If this is the case then you will need to make a deal with MS, Sony, Nintendo etc. All games published and sold for their consoles must be approved by them. They will also require a percentage of your sales.
You will need to make a deal for distribution with them as well, since you can't 'burn' your own console dvd/cd etc., they are encrypted.

I don't think that is what he is asking. He is asking how stores get games to sell - its online retailing, rather than publishing.

Ah yes, you are right. He did say this though:

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Eventually after this hits off, If it ever does, I want to expand it into a personal video game selling. (Like private individuals selling there pc games on there)

which I took as sort of a publishing situation.

Small retailers typically deal with distributors (such as Ingram, etc), because the publishers don't want to deal with 1000 sales accounts. Thus, as a small-volume retailer, you want to call up the distributors, sign up for an account, and place your orders. Some publishers will deal directly with retailers, and if you're big enough, then they certainly will (to cut out the middle-man). In that case, call up the publisher directly.

Typically, in games retail, the retailer will have the option of returning un-sold stock for full credit. The alternative is that the retailer calls up the publisher, and gives the option of getting a return, or accepting a price cut -- that's how games drop from $49 to $25. Also, it's common that the retailer will not settle (pay) the sale until the units have actually sold through.

If you don't know these things, though, it's un-clear how successful you'll be in this business -- I suggest finding someone with actual retail experience to advise you.