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  1. JAMES-L67

    My first business mentor was Runescape

    OFF-TOPIC 
    I'm so glad my story resonates with so many people. It's crazy to think how something that was just a way to kill time and have fun as a kid actually provided us with such valuable knowledge and skills later in life!
  2. JAMES-L67

    My first business mentor was Runescape

    OFF-TOPIC 
    Oh man, who doesn't love playing the turnip market!! I had a similar strategy in RS. If you had a certain magic level you were allowed access into the magic guild. You could buy the runes there cheaper than they sold in the marketplace. I would buy thousands at a time, go to the marketplace...
  3. JAMES-L67

    My first business mentor was Runescape

    OFF-TOPIC 
    Definitely! The parallels with real life are endless. If only i had as much money in real life as i had in that bloody game...
  4. JAMES-L67

    My first business mentor was Runescape

    OFF-TOPIC 
    For the majority of my mid-teens, Runescape was my life. For those of you who are unaware, Runescape (RS) is a massively multiplayer on-line roleplaying game (MMORPG) set in a fictional world where you can roam around, performing quests, leveling skills and wasting ungodly amounts of time. The...
  5. JAMES-L67

    Melbourne Meetup - If Sydney Can, We Can Too.

    MEETUPS 
    Both work for me!
  6. JAMES-L67

    Melbourne Meetup - If Sydney Can, We Can Too.

    MEETUPS 
    I'm flexible, but weekends I'm busy til 3pm ish
  7. JAMES-L67

    Melbourne Meetup - If Sydney Can, We Can Too.

    MEETUPS 
    @Belcher
  8. JAMES-L67

    Melbourne Meetup - If Sydney Can, We Can Too.

    MEETUPS 
    Count me in :)
  9. JAMES-L67

    Any 'Boosted Post' facebook successes out there?

    MARKETING 
    If you're intereted, these are the results from our Boosted post. 17,378 reach, 96 post likes, 185 comments (not including replies), 42 shares, 176 page likes. Total cost = $30AUD, Cost per engagement = $0.06AUD, Run time = 18 days
  10. JAMES-L67

    Should I sell at a loss?

    MARKETING 
    Nah I agree, was just pointing out that right now eBay sales are stronger than site sales. Just want to think of a way to redirect them to my site if they ever need to repurchase. Right now that's my priority number 1. Once I've been in business a little longer I will have more solid data to go...
  11. JAMES-L67

    Should I sell at a loss?

    MARKETING 
    Definitely considered it. The upside to selling through the site would be lower fees as well. I might trial the price change, I always find the psychology of pricing interesting.
  12. JAMES-L67

    Should I sell at a loss?

    MARKETING 
    A very logical reply. Funnily enough, I have listed the item for more on my site than on eBay. We're still only talking a few dollars of profit though. For interests sake, eBay = break even/$5 loss, website = $9 profit, however sales are much stronger on eBay for the item in particular.
  13. JAMES-L67

    Who here is from Australia?

    I've actually been making a tidy profit bringing things in from Asia then shipping back out. Not the most time effective way to do business but it works. Oh man, my poor man's Lambo would be the AE86. Feel like such an Initial D wannabe when I say it, but been loving them since the first time I...
  14. JAMES-L67

    Who here is from Australia?

    It's tough. I'm in the import business, some product margins have plummeted. Just made a thread about it actually. But if you're smart you can always stay one step ahead. Starting to export to USA/Dubai EDIT: Also, is that a Hakosuka in your avatar?
  15. JAMES-L67

    Who here is from Australia?

    Me :) Geelong, Vic
  16. JAMES-L67

    Should I sell at a loss?

    MARKETING 
    As of yet, no. Keeping in mind that I am just finishing my third month of business, so realistically I haven't had time to bring back return customers. The way I see it, if they come to my site for one item, surely there will be a small percentage who will look at my other items on offer. Just...
  17. JAMES-L67

    Should I sell at a loss?

    MARKETING 
    Hey guys, So I have an item in my store that brings in HEAPS of traffic (my highest on average) and steady sales. The problem is, competition is high, and with the AUD being weak against the USD at the moment, I barely make any profit (or even sometimes I lose) after postage/fees. The dilemma...
  18. JAMES-L67

    Quote of the Day - QOTD

    HOT! MINDSET 
    Some lyrics from the song "Imma Shine" by The Youngbloodz. Came on at the gym and man, resonated with me big time: If you don't believe, you don't succeed If you don't apply, you won't achieve Keep your head up high, feet down low Follow your heart til you get to the door If there's a will...
  19. JAMES-L67

    Go To College, Why Not?

    I'm just about to finish my Masters degree, and have been in university for almost 5 years now. Am I worried about wasted time and money? Nope. Here's why: - I stumbled across an awesome book called "The Millionaire Fastlane" in my second year, and started implementing strategies as soon as...
  20. JAMES-L67

    Any 'Boosted Post' facebook successes out there?

    MARKETING 
    Currently running a competition on my page, comment to go in the draw to win, share for an extra chance. Boosted the post on a budget of just $1 per day. 20 days in and reach is at 12,000 (9,000 paid/3,000 organic), 137 comments, 29 shares (not including private profiles I can't see) and 67...

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