"Hallo" Everybody,
After reading the books I said to myself there must be capable Entrepreneurs/Businessmen in this forum, and they can probably help me a lot with a little feedback.
Before asking you my question, let me briefly introduce myself.
My name is David, I'm 28 and I have a corporate job in Germany (Online Marketer for a medium-sized corporation). My free time is spent on building a business, so I can become independent.
Now let's get down to business:
I have identified a product that's very popular (electronics section). Fact #1: I will be able to create a system which helps me to buy this product in a used condition for 800 - 850 € consistently. Fact #2: I will also be able to sell the product for 950 - 1000 € consistently.
After subtracting marketing and shipping costs, I'll be making around 100 - 190 € per sale realistically (I'm aware though I'll need to put money aside for refunds and other issues).
I wanted to ask you for your feedback on the numbers - is it worth pursuing this, or do you believe it's a dumb path to follow? Is the profit worth the investment from your experience?
Thanks.
After reading the books I said to myself there must be capable Entrepreneurs/Businessmen in this forum, and they can probably help me a lot with a little feedback.
Before asking you my question, let me briefly introduce myself.
My name is David, I'm 28 and I have a corporate job in Germany (Online Marketer for a medium-sized corporation). My free time is spent on building a business, so I can become independent.
Now let's get down to business:
I have identified a product that's very popular (electronics section). Fact #1: I will be able to create a system which helps me to buy this product in a used condition for 800 - 850 € consistently. Fact #2: I will also be able to sell the product for 950 - 1000 € consistently.
After subtracting marketing and shipping costs, I'll be making around 100 - 190 € per sale realistically (I'm aware though I'll need to put money aside for refunds and other issues).
I wanted to ask you for your feedback on the numbers - is it worth pursuing this, or do you believe it's a dumb path to follow? Is the profit worth the investment from your experience?
Thanks.
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