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.
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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...
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...
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...
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...
Found a Facebook group about flipping. It was a bit sleepy until I got in and started stirring.
If the link doesn't work, just search for "Craigslist Hustlers".
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...
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...
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...
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...
In case anyone is interested, as an experiment I emailed 14 ads for Samsung Galaxy S4s, and offered $100 less than asking price (they go for around $300 here). Mine has a cracked screen anyway, so wouldn't be bad if I stumbled across a good deal. Will post results.
That would be fun to see a bunch of us take this on as a challenge and post results - even if you don't go buy the item, just see what success you have with replies.
I'll do it!
Hmm, what should I go shopping for...
Sold Pannier rack +$5
Tuned a bike +$40
Sold Norco Kokanee +$25
Total Net Income Sept 25 = $70
Sold Norco Detonator +$25
Sold Pannier rack +$5
Sold Norco Bigfoot +$50
Total Net Income Sept 26 = $80
Sold Sportek +$20
Sold Vintage Apollo +$100
Here's the thing. We're all equal.
I'm sure you've heard that. But it's a little hard to grasp, as well as a little hard to explain.
For a reading list :
The Talent Code
Talent Is Overrated
But basically, science had decided that talent doesn't exist. So you don't have...