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Recent content by Damage Inc.

  1. Damage Inc.

    Flipping cars, appliances, and other assets.

    NOTABLE! SIDE HUSTLE 
    I appreciate the reply and respect your knowledge in the field, but I do know multiple guys in PA with dealer licenses. There are plenty of guys with small used car lots making decent money, or guys who run repair shops and also deal in used cars on the side being that they already have the...
  2. Damage Inc.

    Flipping cars, appliances, and other assets.

    NOTABLE! SIDE HUSTLE 
    Ah, so it is scaleable but would require some knowledge, work, and capital. Who wants to do that. Sounds like dropshipping iphone cases would be an easier path.
  3. Damage Inc.

    Flipping cars, appliances, and other assets.

    NOTABLE! SIDE HUSTLE 
    I guess I don't see the difference. I buy a car for $8k and sell it for $10k. Dealership buys a car for $8k and sells it for $10k. Difference being what, that they have a building and a sales guy? Can I not buy a building and hire a sales guy? Plenty of huge businesses started out as...
  4. Damage Inc.

    Flipping cars, appliances, and other assets.

    NOTABLE! SIDE HUSTLE 
    How is selling cars not scale-able? Texas Direct Auto started out selling cars on ebay and now does $500 million per year. To the OP, you don't seem 100% comfortable with the risk level at that price point, why not start with cars in the $3k-$5k price range. There are a lot more people who can...
  5. Damage Inc.

    Record Keeping, Taxes, IRS, Anxiety!!

    TAXES | REGS 
    I'm a sole proprietor and do all of my accounting and record keeping in Excel. If your accountant can't give you a simple list of what he needs maybe you should switch to someone who specializes in small businesses and can give you more personalized attention until you get the hang of it. All...
  6. Damage Inc.

    What was YOUR biggest business/life lesson in 2015?

    Sometimes I'm too quick to write people off as problem customers or time wasters. It's good to be able to spot bad customers before they become a problem, but there's a fine line between that and pushing people away unnecessarily. I learned in 2015 that really listening to your customers and...
  7. Damage Inc.

    Designing & Launching A New Home Decor Brand & Product

    EXECUTION 
    Update & December 2015 Recap Update Since the last update we sold two more products on eBay. We also had to re-ship one of the previous items we sold due to shipping damage. We’ve only gotten feedback from our first customer so far. I specifically asked if they were impressed with the...
  8. Damage Inc.

    Ebay Warriors

    Again it comes down to the products and the execution. It would be very hard to jump into eBay right now trying to make a living selling USB flash drives. It's a commodity that nobody really cares about and the Chinese have the upper hand. But if you sell something like rare European car...
  9. Damage Inc.

    Ebay Warriors

    Thanks, nice to know that the C&D works so well. Sorry to bring this thread off track (maybe an eBay tricks and tips thread would be worthwhile?) but it's interesting that you bring this up. I've been suspicious of people arbitraging my items but I think they're doing it outside of eBay. Just...
  10. Damage Inc.

    Ebay Warriors

    Do you mind sharing the process that has worked best for you? Do you just fill out the NOCI and email it and they take care of the rest?
  11. Damage Inc.

    Limitless

    EXECUTION 
    Actually I asked because I'm very new to paid ads, I've done fb a few times with limited success and I'm about to try Amazon PPC for the first time. That's great that it's a product you can sell to your magazine audience, and the margins look nice too. Interested to see how the youtube and...
  12. Damage Inc.

    Limitless

    EXECUTION 
    Are you going to try Amazon PPC first or something else?
  13. Damage Inc.

    Shipping Costs Are More Expensive than the Product

    EXECUTION 
    When I sell items that are in the $5-10 range I frequently either build in the cost of shipping (i.e. "free shipping") or if I have multiple I might do something like "first item ships for $3.99, each additional ships for only $0.99 extra!". When I switched to that strategy on some of my...
  14. Damage Inc.

    Ebay Warriors

    Haha obviously great minds sell used car parts on eBay.
  15. Damage Inc.

    Ebay Warriors

    My primary business is selling auto parts, and a high percentage of my business right now is done on eBay. I do a mixture of parting out vehicles, consignment sales for clients, and reselling items from eBay, swap meets, and junk yards. The "fastlane" plan for my model is to continue to grow...
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