What It's About
Today's caller is in search of the perfect reselling product.
Notes from Chris
Episode 1796
Reselling is a simple business, and it’s easy enough to find something to sell once. Anyone can do it today. But for a real moneymaker, you need a source of products you can go to over and over. Today’s listener wonders: where is it??"Hey Chris, this is Tina from Boulder and I started listening to the show after reading The Money Tree. I've been experimenting with reselling, and it's fun. Last month I made a profit of $700 just from visiting thrift stores and an estate sale. But I also don't see it expanding much if I keep doing it this way. I'm constantly selling one-off items. It would be much better to sell the same items over and over—but the problem is, I don't know what those would be or where to find them. Aside from what I've been doing (the thrift stores, yard sales, and flea markets), how can I find products I could resell over and over? Thanks for your help."Listen to today's episode to learn more...
SEE ALSO:
- Consignment Sale Secrets: Ask to Sell Your Grandma’s Stuff: In need of extra money, an enterprising grad student starts selling his unused items online. He then branches out into consignment sales, with a twist: most of his inventory comes from friends and family.
- Summer Job Reselling Silver Brings in $10,000: When his roommate makes $2,000 buying and selling silver in one weekend, this student turns off the TV and starts his own education in precious metals. He goes on to earn $10,000 his first summer.
- Crafter Fashions Upcycled Chairs Into Six-Figure Shop: A Texas crafter turns castoffs into whimsical works of art, earning a full-time income and building a sustainable business.
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