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$20,170 Flip Challange

Discussion in 'General Entrepreneurship and Startup' started by gabeb1920, Jan 5, 2017.

  1. gabeb1920
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    gabeb1920 Contributor FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    Thought Id share this video I just watched. Not fastlane but very much hustle and could lead to some easy side income for those just starting out like me! :)

    Hope it's useful

     
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  2. Argue
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    Argue Bronze Contributor Read The Millionaire Fastlane Speedway Pass

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    Kingmaker and gabeb1920 like this.
  3. ZF Lee
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    ZF Lee Silver Contributor Read The Millionaire Fastlane Speedway Pass

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    I'm not into flipping, but that could be an option to raise startup capital...and it needn't be much!:)
    Oh wait...I'm on the Internet...I could use open-source and free stuff first:banghead:
     
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  4. VDon
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    VDon Contributor Speedway Pass

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    So far I have learned that flipping brand new electronics is a very stupid idea. Made a €100 loss on a brand new unopened IPad Pro...

    Bummer...

    Will stick to the plan though - looking at used watches now.


    Gesendet von iPhone mit Tapatalk
     
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  5. harryx
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    harryx New Contributor

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    Hi VDon,

    Yes - I think watches is a good way to flip, obviously we arent talking lcd casio watches here but more your top end caliber like antiques (classics) or modern high quality ones like Rolex, Rotary. May be even some designer brands but its the precious metals and precious gem stones that add real value. Please keep us updated on the watch venture. :)
     
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  6. VDon
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    VDon Contributor Speedway Pass

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    More than two months later I am about to give up. The market here in Austria is too small, I flipped one Bell and Ross for a profit of roughly €100, but had to spend like 25 hours for it.
     

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