- Thread starter
- #31
I wish to be a US citizenSuch sweet sweet memories you brought back.
True story coming below...
I started out as a consultant, later became CMO, to a company that did EXACTLY this.
The owner was going to outlets also. Now, he goes direct and to some places where he has contacts instead of buying himself, but he does train his "buyers" to go to places on the weekend and to find deals for the company.
Moral of the story... that guy started out buying everything on the clearance rack at places like Dillards a decade ago and now runs the largest urban soft goods retailer on eBay and Amazon. I think he was 16 or 17 at the time when I first met him.
When I left the company, we grew it from 1 to 60 employees and we were doing over $10MM a year in revenues and selling stuff internationally all around the globe day and night on all kinds of platforms ( everything on ChannelAdvisor, all the CSE's, Flash sale sites, etc ). This is in comparison to when it was being ran in his parent's basement with a few boxes of shoes and jeans with just him and some eBay templates...
That hustle now has lead him to own some RE in Florida, own equity in a fashionable t-shirt brand, own equity in a major SaaS for ecommerce sellers, and a few other business things.
ALL FROM A CLEARANCE RACK OVER A DECADE AGO.
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