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Recent content by adamhenry

  1. adamhenry

    Starting (and Fastlaning) a lawn care service business

    GOLD! HOT! 
    In case it's helpful - look into web based software called Jobber, for scheduling, invoicing, client communications, etc. Works great for the fireplace company I manage, and I can see it being used for lawncare too. Sent from my SM-A520W using Tapatalk
  2. adamhenry

    Wholesale > Retail Question

    Thank you! I have some reading to do, maybe your book too!
  3. adamhenry

    Wholesale > Retail Question

    It just occurred to me that I could avoid this by making arrangements with manufacturers in China directly, through Alibaba. Does that make sense? I have an arrangement with a wholesaler now, but just realized they're simply ordering by the container full from China, so I could just skip the...
  4. adamhenry

    Wholesale > Retail Question

    Got it. Thanks!
  5. adamhenry

    Wholesale > Retail Question

    I don't exactly know what my question is, mostly because I don't know enough about retail, but here's my theory. If standard retail markup is 50%, but I'm running a home based or online business without the b&m overhead, then is there anything to prevent me from carrying away the business by...
  6. adamhenry

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    You can also try this to test an item without having found one to purchase. I find the easiest way is to find a Craigslist ad for an item in some other city - borrow their photo and ad, relist in your city at a price you want to test. Based on the responses, you'll have an idea how quickly the...
  7. adamhenry

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    When I first started flipping, I came across this: http://recraigslist.com/2013/01/how-i-handle-awkward-situations/ Now I tell every seller that I'm a flipper, and every buyer that I'm a flipper. I don't call myself a flipper though. I just say, "Yeah, I buy and sell bikes, fix 'em up, that...
  8. adamhenry

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    Found a Facebook group about flipping. It was a bit sleepy until I got in and started stirring. https://m.facebook.com/groups/1528257747397128?ref=bookmark If the link doesn't work, just search for "Craigslist Hustlers".
  9. adamhenry

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    @P3HSB Awesome. I love how systematic you were. A couple take aways you may already have figured out : 1. The billboard ads didn't generate interest. For your next flip you can skip them, saving time. You can always try them again if you have trouble moving an item. 2. Your first...
  10. adamhenry

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    As an example, if the phone normally goes for $300 on craigslist, I'd try to source one for $225, relist immediately for $275, and hope to sell within 24hrs. If I got an offer for $250, I'd take it.
  11. adamhenry

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    Yep, try to make 10-20% on whatever you're buying, and repeat rapidly. If I try for 20% on an item, I can often flip within 24 hours. When I get greedy and try for more, that's when the item sits for days/weeks. Plus you learn a lot more faster by rapid flips, than by sitting on one item for...
  12. adamhenry

    A Hustler's Guide to the Fastlane - by Michael Grey.

    HOT! 
    Here's my summary of this thread. @MichaelGrey or someone please correct me if I'm wrong. Step 1: buy x on ebay and resell on craigslist, where x is an electronics item with a price point around $300, and profit per sale is about $60 Step 2: find a wholesaler for used (maybe refurbished?) x...
  13. adamhenry

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    Hmm, maybe I'll try that on my next listing. I did experiment with trading a couple of times - listed a bike for trade without a dollar value. Traded a bike for an iPad mini, then traded the iPad mini for a Canon T2i DSLR. Had $90 in the bike, would've sold it for about $150. The T2i was...
  14. adamhenry

    How I turned $20 into $8,500+ in 2 months

    WEB/DIGITAL 
    Www.recraigslist.com Also search YouTube for: Resale Renegade Bonafide Hustler Raiken Profit The College Picker Should get you started. Some of the guys are irritating, but they know their stuff.
  15. adamhenry

    Bicycle hustling for fun and profit

    EXECUTION 
    Sept 29: Sold Vintage Apollo +$40 Sold Vintage CCM +$25 Sold Velo Sport +$30 Total Net Income Sept 29 = $95 Net profit mtd = $1,775
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