The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Search results

  1. adamhenry

    NOTABLE! Starting a lawn care service business

    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

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

    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

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

    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

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

    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

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

    @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

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

    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

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

    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.

    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

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

    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

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

    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

    EXECUTION Bicycle hustling for fun and profit

    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
  16. adamhenry

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

    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.
  17. adamhenry

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

    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...
  18. adamhenry

    EXECUTION Bicycle hustling for fun and profit

    Sept 25: Sold Pannier rack +$5 Tuned a bike +$40 Sold Norco Kokanee +$25 Total Net Income Sept 25 = $70 Sept 26: Sold Norco Detonator +$25 Sold Pannier rack +$5 Sold Norco Bigfoot +$50 Total Net Income Sept 26 = $80 Sept 27: Sold Sportek +$20 Sold Vintage Apollo +$100 Total Net...
  19. adamhenry

    EXECUTION Bicycle hustling for fun and profit

    Sept 23: Sold Vintage Nishiki +$65 Total Net Income Sept 23 = $65 Net profit mtd = $1,410 I did some other stuff. Too tired to write about it. More later.
  20. adamhenry

    Living in a Bubble - Help

    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 : Outliers The Talent Code Talent Is Overrated Mindset But basically, science had decided that talent doesn't exist. So you don't have...
Top Bottom