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Bicycle hustling for fun and profit

A detailed account of a Fastlane process...

adamhenry

Bronze Contributor
User Power
Value/Post Ratio
103%
Jul 2, 2014
120
123
Sept 19:

Sold Retro Maruishi +$40
Sold Pannier rack +$10

Total Net Income Sept 19 = $50

Sept 22:

Sold Vintage Norco +$125
Sold Giant Squadron +$75

Total Net Income Sept 22 = $200

Net profit mtd = $1,345

I think I hit a plateau where I was making small amounts per sale. From past experience what happens when I hit a plateau is that I crash for a brief period of time before taking off on the next level.

So I'm hoping I'm at the next level, where I'm making larger amounts per sale (someone out there is keeping track of my profit /sale right?).

Also met with a friend and started looking into wholesaling real estate, so we'll see where that rabbit hole (worm hole?) leads.

Also had a crazy string of flaky people like I've never seen - no shows, reschedulers, etc. Might be the price range, as I'm in the $200 - $400 /bike price now.

Fastlane wise, I'm not getting too far on this book idea. Lots of false starts. I'm a Tim Ferriss fan, so I'm thinking I might review his blog posts and books to get a better grasp on format. Generally though I think he sort of does an anecdote followed by explanation. He also does lots of interviews. Maybe I should start a blog and do interviews.
 
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adamhenry

Bronze Contributor
User Power
Value/Post Ratio
103%
Jul 2, 2014
120
123
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.
 

adamhenry

Bronze Contributor
User Power
Value/Post Ratio
103%
Jul 2, 2014
120
123
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 Income Sept 27 = $120

Net profit mtd = $1,680
 

jon.a

Legendary Contributor
EPIC CONTRIBUTOR
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
329%
Sep 29, 2012
4,306
14,176
Near San Diego
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 Income Sept 27 = $120

Net profit mtd = $1,680
It's time for phase two.
 
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adamhenry

Bronze Contributor
User Power
Value/Post Ratio
103%
Jul 2, 2014
120
123
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
 

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