Teen opens world’s first pawn shop for $15,000 sneakers

[constantin]

a 16 year old kid from new york opened up a sneaker pawn shop with his dad in new york and has been using his age to his advantage to get free public advertising with news networks covering a story on his business because of his age.

i really like this story simply because im around the same age and will be starting a fastlane business in the same industry but come from a different angle.

http://nypost.com/2014/06/15/harlem-entrepreneur-opens-pawn-shop-for-high-top-sneakers/

 

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[Bartez]

Pawn shop a fastlane business? Doubt it, but good luck

 

[JEdwards]

Pawn shop a fastlane business? Doubt it, but good luck

Do you? You doubt that? Let me let you in on a little secret, all businesses can be fastlane.

For example, His shoes are probably a need to some kids and when you have that, you have those same broke kids wanting to borrow against it.

 

[Bartez]

Do you? You doubt that? Let me let you in on a little secret, all businesses can be fastlane.

For example, His shoes are probably a need to some kids and when you have that, you have those same broke kids wanting to borrow against it.

Yes I know that, but I was thinking about fastlane rules written in the book

 

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[Yeezy]

Damn owning 3 pairs of Yeezy's is pretty rare.

 

[AlterJoule]

Pawn shop a fastlane business? Doubt it, but good luck

What's your business?

 

[The-J]

Pawn shop a fastlane business? Doubt it, but good luck

Absolutely Fastlane.

There's a need. It's hard to get into. You control the price you pay and what inventory you pull in. You can scale it by opening more and more. And if you hire people that have a price list, you can separate it from your time.

Not easy, but can be made Fastlane.

 

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[constantin]

Pawn shop a fastlane business? Doubt it, but good luck

flightclub.com is a some what similar store that doessomething similar but their cosignment.
that store is known worldwide throughout the sneaker community as a go to place for rare and hot sneakers.
i dont know how much money the business makes but they have store is both nyc and la and have been in business for over a decade so im sure is should fastlane is some way