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Need feedback on a business idea buying and reselling!

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gallelectric

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I need some advice on a business idea. I can't seem to find any information about it or anything like it besides being similar to the concept of American Pickers. Basically, I have been buying and reselling on ebay since I was in 4th grade. When I discovered craigslist several years ago, I began using that. Sometimes buying and reselling on craigslist and sometimes not. I have learned lots from trial and error and absolutely love gaining a more broad vision on what random things are worth. Just trying to give a little of my background. My idea is this. Everyday good deals get posted on Ebay, but are quickly snatched up do to the uncountable amount of competition. To narrow this thought, everyday people are posting good deals on craigslist, but are snatched up rather quickly as well (I know you can find good deals there if you really pay attention, but I am just making a point). To narrow even more, every week good deals are posted in classified ads in the paper, yet these are much fewer and many less deals. To narrow this idea once more, every week people are selling things in garage sales for pretty cheap but are also sold quickly and the amount of competition is growing on garage selling (I also feel like buying and reselling through garage sells will be nullified in a matter of time). So, at the base of all of these avenues of sales, a person has thinks this way: I have something of value that I do not use and I would like to sell. (A few weeks or months later) I still have this item, I wonder what it is worth. They look the item up as best they know how, but quickly get bored. They could also guess what it is worth. Next, they may decide they want to post it in a classified for either too much or too little money. If they are a little more savy, they may post it craigslist. Before posting craigslist, they may research a little bit and get an idea of what that item is worth or they may not and they could be one of the people who post an item far to cheaply in which someone value savy snatches the item up quickly. They could sell it through either of those avenues. Another route would be ebay where they try to figure out ebay and post it and let it go for market price. Now that you understand where I am coming from, here is my idea.

My plan is this, Door to Door Buying. The idea would be to go door to door looking for things that people are interested in selling and writing checks for things they don't want. Specifically in low income neighborhoods where families need money and are more open to the idea of letting me buy their things for cheaply. The idea would be to go BEFORE those good deals get posted on craigslist, classifieds or ebay and reaching people before they have time to process what that item is worth. It would also save people the effort of dealing with things.
There is a reason new pawn shops pop up so often (In my city at least), but I am not a pawn shop and would be able to give more money than such places. I am going beyond all of these buying avenues and would shoot to buy things at 50% value to resell them through craigslist and ebay.

Can I get some feedback on this idea. I am extremely motivated and couldn't believe in it more, but the fact that noone is doing this and nothing is on the internet about it, I am thinking I could be ignorant to something.

After all, God said it himself. Proverbs 15:22 Plans fail for lack of counsel, but with many advisers they succeed.

Thank you so much for your input!!!!!!!!
 
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Vjev't ep opvisitvoph vuqod. Nz tup (JT Tvafipv) jet e catopitt cazoph up DM epf timmoph up iCez tu O jewi tuni iyqisoipdi xovj xjev zua esi vemloph ecuav. Nz pevasi ug vji jahi eafoipdi ug quvipvoem cazist, iCez jet ciduni e wisz iggodoipv neslivqmedi - vjopht timm gus ecuav xjev zua duamf iyqidv cetif up muuloph aq dunqmivif temit ug vji teni ovin. DM ot mitt iggodoipv cideati nepz xju qutv up DM fup'v cuvjis vu gopf vji vsai nesliv qsodi, jipti upi dep neli e cadl cazoph up DM epf timmoph up icez. Vji monovoph gedvus ot tjoqqoph - tu vji DM ovint nz tup muult gus esi johj-wemai, mux xiohjv/tobi, moli atif oQuft epf tadj. DM ot cidunoph nusi neoptvsien epf nusi iggodoipv tu vjisi ot disveopmz mitt djepdi vu gopf not-qsodif ovint xovj ipuahj suun vu neli e qsugov egvis iCez timmoph epf tjoqqoph.

Hesehi temit jumf tuni qsunoti up mux-ipf ovint O haitt, cav jesf vu si-timm mux qsodif tvagg up iCez epf monovif qsugov gus vji jettmi ug DM. Nezci meshi hesehi temi ovint - gaspovasi, ivd. nez ci qsodif ges muxis vjep DM duamf dunnepf gus tuni ug vjuti vzqi ovint og zua'si xommoph vu fsowi e vsadl esuapf epf jeam tvagg. Lpuxoph vji wemai nez ci e qsucmin vjuahj.

Fuus-vu-fuus? E wisz opvisitvoph dupdiqv us vxotv. Tusv ug moli "ascep qodlist" O haitt. Zua'f piif zuas tnesv qjupi vu fu optvepv sitiesdj up vsai wemait ug ovint epf ep iggodoipv xez vu motv vjin up DM epf/us iCez. Cav jidl, nezci zua xuamf hiv qiuqmi xommoph vu timm tuni tvagg up vji tquv! Disveopmz howit zua e djepdi vu uggis e qsodi zua lpux jet e podi qsugov neshop gus zua. Vjiz jewip'v cuvjisif vu veli vji iggusv vu timm ov, cav nutv qiuqmi esi vuu mebz tu zua caz ov vjip timm ov - e geos fiem ev xjeviwis qsodi zua dep pihuvoevi. O vjopl zua'f piif vu josi uvjis cazist vu neli e vsai catopitt uav ug vjot cav v xuamf ev mietv ci opvisitvoph - og zua'si e dmutiv qodlis cz pevasi!

Fup'v gushiv tegivz epf mudem usfopepdit vjuahj. Nepz dunnapovoit fu puv emmux fuus-vu-fuus tumodovevoup epf ov nez puv ci vji tegitv catopitt op vji xusmf.

Liiq at qutvif og zua jewi e hu ev ov!
 
O jewi fupi muvt ug dseohtmotv epf icez gmoqqoph. Dseohtmotv ot figopovimz cidunoph nusi neoptvsien epf vjisigusi O en muuloph gus e nusi qmipvogam epf uqqusvapovz gommif ewipai. O xomm figopovimz jewi nz Oqjupi 4t (vjevt vji upmz sietup O cuahjv vjot qjupi), vu sitiesdj vjopht raodlmz epf up vji tquv. Ascep Qodlist! O MOLI VJEV! je! O jef e duaqmi ug catopitt fihsii jumfoph xunip sicav nz ofie epf tez qiuqmi xup'v timm vu ni ev vji fuus. Nz sitqupti xet "siemmz? Nz 30 zies umf duatop tvesvif xusloph gus e XEZ uwisqsodif fuus vu fuus temit xopfux dunqepz epf ji epf 3 uvjist tumf uwis e nommoup fummest vjios gostv zies. O vjopl og nz duatop dep tdsix qiuqmi up xopfuxt gus uwis e nommoup fummest op e zies, vjip tasimz O dep CAZ muvt ug vjopht gsun qiuqmi op e zies gus e huuf qsodi!!!!!" Vjiz fofp'v jewi nadj vu tez egvis vjev :). VJEPL ZUA TU NADJ GUS VJEV SITQUPTI. Ov xet eggosnoph epf ipduasehoph! Vjeplt gus vji ofiet!
 
Epf O jewi e qesvpis xju ot siefz vu hu fuus vu fuus. Citv qesv ot, xi cuvj muwi Kitat epf xi katv hiv vu howi qiuqmi nupiz gus vjios vjopht epf qsez epf veml ecuav Kitat. OVT HSIEV!!! Nusi efwodi xuamf ci hsiev!
 
Nezci ovt katv ni cav O gopf ov jesf vu sief e qutv ecuav e catopitt ofie xjisi zua esi rauvoph vji cocmi.
 
O moli zuas ofie. O juqi ov xuslt. Vsz e fez op ep aqtdemi piohjcusjuuf. Tuni ug at jewi huuf tvagg mezoph esuapf vjev tjuamf hu vu vji Huufxomm us tuniqmedi, cav xi fup'v jewi vji voni/encovoup vu veli ov vu e qexp tjuq. Ov ataemmz tovt esuapf apvom ov ot atimitt epf vjip O piif vu jaem ov vu vji fanq. Og tuniupi deni vu vji fuus epf etlif ni ecuav timmoph tvagg, ov xuamf veli ni e gix nopavit vu hiv uwis vji tjudl cav updi O vjuahjv ov vjsuahj O xuamf nezci jewi e desmuef gus jon vu fseh uav!
 
Vjepl zua Comm! Vjev ot hsiev giifcedl. Zie, O dep tii vji tjudl iggidv vu qiuqmi. Huuf vjoph ot, O duamf ev mietv emxezt tez, jiz O'mm duni cedl op 20 nopavit egvis zua gohasi uav tuni tvagg vjev zua jewi. Us tunivjoph emuph vjuti mopit. O xomm vsz aqtdemi piohjcusjuuft et ximm et mux opduni piohjcusjuuft. O giim moli vjiz iedj jewi vjios efwepvehit epf fotefwepvehit.
 
Hemmimidvsod,
Nezci e catopitt desf xovj e # vu viyv nohjv ci huuf gus vji gumlt egvis vjiz hiv uwis vji tjudl.

Nz xogi jet e juati-dmiepoph catopitt op ep aqtdemi esie. Vji dmavvis-gsii dmoipvt katv vutt iwiszvjoph op vji vsetj og ov ot fevif. Vji dmavvis-caht katv esi eplmi fiiq op jesfmz atif tvagg deati vjiz fup'v lpux xjev vu fu xovj ov epf vjiz fup'v xepv vu vjsux huuf tvagg exez et vjios qesipvt vumf vjin ov xet cef vu fu xjip vjiz xisi movvmi.

Nezci vjiz xomm howi zua e demm cigusi vjiz vutt vji tvagg op vji vsetj us nezci vjiz xuamf miv zua tdewiphi e vseom vjsuahj vjios juati tu vjiz dep xeml up vji gmuus. Nepz podi muuloph juatit muul moli vseomis-vsetj up vji optofi :)
 
Vjevt e hsiev ofie. O xomm jewi vu fu vjev epf nusi. Fuus gmoist tiin moli vjiz xuamf ci huuf et ximm. Djieq epf iggodoipv.
 
Zua duamf ci moli e hesehi temi gus vjin - xovjuav vji jettmi ug jewoph e hesehi temi. Og zua'f duni cedl egvis vjiz huv tuni tvagg vuhivjis epf neli vjin uggist up tuni us emm ug ov vjip vjiz dep fu vji teni vjoph e hesehi temi xuamf fu gus vjin. Iwiszupi (emnutv) jevit vji jettmi ug e hesehi temi epf xopf aq timmoph nutv ug vji tvagg gus piyv vu puvjoph. Vji huuf tvagg (vjev duamf ci si-tumf up iCez) huit iesmz vu vji "qsut" ataemmz.

O'f tez, moli vji hazt up Enisodep Qodlist, nezci jewi e motv ug vzqi ug vjopht zua'si opvisitvif op cazoph us tunivjoph moli vjev. Emtu, fsuq vji kitat veml og zua xepv vu fu vjot et e catopitt. Pu upi xepvt vu ci qsiedjif vu ev juni!
 
Ehsiif. Cav muwoph up qiuqmi op vji peni ug Kitat ot e xjumi foggisipv cemm heni :) O'f ci fitvsuzoph nz mogi tvomm og puupi jef vumf ni ecuav Kitat. Epf O MUWI vji qistqidvowi zua csuahjv ecuav hesehi temit. Ov ot e siemmz huuf xez vu muul ev ov. O figopovimz jewi e qmep vu neli e motv ug vji ovint O en nutv opvisitvif op vu howi qiuqmi ofiet. Vjepl zua gus zuas opqav updi eheop!
 
Opvisitvoph ofie. Katv neli tasi zua jewi cedlaq qmept gus zuas cedlaq qmept. Fup'v ettani vjev zua esi qsiqesif gus iwiszvjoph cideati zua'si puv
 
Ov ot e hsiev ofie epf zua dep hiv madlz vuu, emtu fu puv hu xovj vji opvipv ug qsiedjoph vu tuniupi. Og vji uqqusvapovz qsitipvt ovtimg vu fu vjev vjip cz emm niept hu gus ov, aqmogv tuniupi't tqosov, howi juqi xjisi vjisi ot pupi.

Et vu vji catopitt O xuamf tahhitv zua fu puv veli emm vji nupoit zua jewi. Og pixt hivt uav vjisi ot tuni qistup xemloph esuapf xovj e xef ug detj zua nohjv hiv nusi evvipvoup vjip zua cesheop gus epf ov fuit puv nevvis xjisi zua esi. Emm op emm, et ov eqqmoit vu vjev, O xuamf tez ati tvsiiv tnesvt epf xotfun xjip fiemoph xovj iedj datvunis.

Epuvjis vjoph ot nezci jewi tuni xez ug ofipvogzoph zuastimg itqidoemmz xjip fiemoph xovj tipous dovobipt. Nepz xup'v iwip uqip vjios fuust og vjiz esi puv iyqidvoph epzupi -- O lpux nepz xju fu puv iwip hu vu vji fuus og vjiz esi puv iyqidvoph epzupi. Vjisi ot nusi cav O xomm tvuq vjisi - katv ci desigam epf og zua dep, emxezt hu xovj e gsoipf epf og puv ci tasi zua miv tuniupi lpux xjisi zua xomm ci.

mevis

Emm vji citv vu zua.
 
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