***Official Delete Thread*** (1 Viewer)

[Sarnoff]

Tell me EXACTLY how the cell phone thing works. From start to finish. I'll do it for six months and send you half the profits.

How much are you willing to spend?

It's Abraham. He's already lost hundreds of thousands of dollars on bull#### business schemes. He's exactly the kind of guy you're looking for.

 

[Henry Ford]

$5,000 a month over 12 months guarantees you $1,200 a year.

Yet, your initial investment of $5,000 never changes. You never have to funnel more $$$ in.

In fact, after a year you know you can take at least $1,200 out. That's excluding any profit your actually making off an inventory of $5,000 worth of cell phones bought low.

Get it? You give me $5,000 and I can guarantee $1,200 profit by this time next year as a worst case scenario.

I will be profitting off $5,000 worth of inventory.

$1200 a year. Hell, with that kind of coin I could seed my yacht selling business.

Have you tried getting funding through Kickstarter?

Are you kidding me? You have to write a whole thing or whatever for that. And they don't even pay you. He's 21. He doesn't have time for that.

 

[Aaron Rudnicki]

I'm going to give you some free business advice

 

[General Malaise]

Didn't realize Henry Ford was this witty.

 

[Doctor Detroit]

Least likely sentence to end in an exclamation point ever: "I drive a 94 Cutlass Supreme with only 90,000 miles on it!"

 

[Abraham]

Tell me EXACTLY how the cell phone thing works. From start to finish. I'll do it for six months and send you half the profits.

How much are you willing to spend?

It's Abraham. He's already lost hundreds of thousands of dollars on bull#### business schemes. He's exactly the kind of guy you're looking for.

Thank you!

 

[-fish-]

you're really just shooting for $1,200 a year here? Why don't you just spend the $5,000 on rent and let some random old creepy guy on Craigslist watch you jerk off or something once a month?

 

[Henry Ford]

Didn't realize Henry Ford was this witty.

I'm misunderstood.

 

[TheIronSheik]

Didn't realize Henry Ford was this witty.

He's on fire in this thread!

 

[McGarnicle]

There is smoke coming out of this thread. I read a post, hit refresh and there's a new one.

 

[Eminence]

$5,000 a month over 12 months guarantees you $1,200 a year.

Yet, your initial investment of $5,000 never changes. You never have to funnel more $$$ in.

In fact, after a year you know you can take at least $1,200 out. That's excluding any profit your actually making off an inventory of $5,000 worth of cell phones bought low.

Get it? You give me $5,000 and I can guarantee $1,200 profit by this time next year as a worst case scenario.

I will be profitting off $5,000 worth of inventory.

I will be spending $30,000 in inventory a year, minimum. I can realistically probably turn that into $15,000 in profits when it's all said and done.

It would only require me to make $1,250 profit off of $5,000 worth of inventory a month. So I'll spend $5,000 to make $6,250.

It would just require me to make $.25 cents per every $1.00 spent. And as my available funds increase (in month two, I'll have $6,250 to spend). The requirement is going to droop lower and lower to achieve my goal of $1,250 a month.

In month two, I'll have $6,250 to spend.

Month 1:

$5,000 Inventory

$6,250 Sales

$.25 profit required per every dollar spent to meet quota.

Month 2:

$6,250 Inventory

$7,500 Sales

$.20 profit required per every dollar spent to meet quota.

Month 3:

$7,500 Inventory

$8,750 Sales

$.16 profit required per every dollar spent to meet quota.

Obviously, it will be harder to spend more than $10,000 in Cell Phones a month, so it tops out there. But don't tell me there's not money to be made here.

 

[McGarnicle]

you're really just shooting for $1,200 a year here? Why don't you just spend the $5,000 on rent and let some random old creepy guy on Craigslist watch you jerk off or something once a month?

 

[Eminence]

you're really just shooting for $1,200 a year here? Why don't you just spend the $5,000 on rent and let some random old creepy guy on Craigslist watch you jerk off or something once a month?

Nope, please read the post two-above this one.

 

[Flying Spaghetti Monster]

you're really just shooting for $1,200 a year here? Why don't you just spend the $5,000 on rent and let some random old creepy guy on Craigslist watch you jerk off or something once a month?

Seriously. Is your Mother attractive? Get some hidden cameras, make some videos and you can sell them on craigslist..

Remember the more disgusting the better.

 

[ntz08]

There's a million little secrets you can use to extend your profit.

If each one of those secrets extended your profit by just $0.01, just think of where you might be...

 

[TheIronSheik]

You just spent 6 hours online arguing your postition, BTW. Do you know how much all of us get paid for doing that?

 

[Eminence]

$5,000 a month over 12 months guarantees you $1,200 a year.

Yet, your initial investment of $5,000 never changes. You never have to funnel more $$$ in.

In fact, after a year you know you can take at least $1,200 out. That's excluding any profit your actually making off an inventory of $5,000 worth of cell phones bought low.

Get it? You give me $5,000 and I can guarantee $1,200 profit by this time next year as a worst case scenario.

I will be profitting off $5,000 worth of inventory.

I will be spending $30,000 in inventory a year, minimum. I can realistically probably turn that into $15,000 in profits when it's all said and done.

It would only require me to make $1,250 profit off of $5,000 worth of inventory a month. So I'll spend $5,000 to make $6,250.

It would just require me to make $.25 cents per every $1.00 spent. And as my available funds increase (in month two, I'll have $6,250 to spend). The requirement is going to droop lower and lower to achieve my goal of $1,250 a month.

In month two, I'll have $6,250 to spend.

Month 1:

$5,000 Inventory

$6,250 Sales

$.25 profit required per every dollar spent to meet quota.

Month 2:

$6,250 Inventory

$7,500 Sales

$.20 profit required per every dollar spent to meet quota.

Month 3:

$7,500 Inventory

$8,750 Sales

$.16 profit required per every dollar spent to meet quota.

Obviously, it will be harder to spend more than $10,000 in Cell Phones a month, so it tops out there. But don't tell me there's not money to be made here.

Month 1:

$5,000 Inventory

$6,250 Sales

$.25 profit required per every dollar spent to meet quota.

If I spend $50.00 on a phone, I will be expected to sell the phone for at least $62.50 to meet my goal of $1,250 in profits this month. Residual is $100 this month ($1,200 yearly).

Month 2:

$6,250 Inventory

$7,500 Sales

$.20 profit required per every dollar spent to meet quota.

If I spend $50.00 on a phone, I will be expected to sell the phone for at least $60.00 to meet my goal of $1,250 in profits this month. Residual is $125 this month ($1,200 yearly).

Month 3:

$7,500 Inventory

$8,750 Sales

$.16 profit required per every dollar spent to meet quota.

If I spend $50.00 on a phone, I will be expected to sell the phone for at least $58.00 to meet my goal of $1,250 in profits this month. Residual is $150 this month ($1,800 yearly).

So on and so forth...

 

[Notorious T.R.E.]

I'm going to buy as much crap as I can, and resell it at the same price. at 1-2% profit per item, I'll be buying yachts in no time.

I don't think you understand, that's the "worst case scenario". You obviously strive to pull every cent of profit from each phone as possible.

I'm going to give you some free business advice even though you don't like my offer.

Your premise above is wrong and is the Mai. Reason you aren't selling phones now and probably never will ever again. Striving to get every penny is stupid. What you should be dojbg is striving to accelerate the velocity of the transaction even if it results in lower margin. Selling five phones for $20 net, one each every day, collecting funds in 24 hours is a substantially better use if capital and time then selling one phone per week for $100 profit and needing 7 days to collect funds.

Pay attention, Eminence. This is like looking at your future self.

 

[Notorious T.R.E.]

Didn't realize Henry Ford was this witty.

I'm misunderstood.

HF is a gold mine.

 

[Eminence]

You just spent 6 hours online arguing your postition, BTW. Do you know how much all of us get paid for doing that?

And that's why I'm talking to you guys, you don't talk to people less successful than you for good advice. You talk to the people who have been there, done that.

 

[Notorious T.R.E.]

Tell me EXACTLY how the cell phone thing works. From start to finish. I'll do it for six months and send you half the profits.

How much are you willing to spend?

It's Abraham. He's already lost hundreds of thousands of dollars on bull#### business schemes. He's exactly the kind of guy you're looking for.

 

[Drifter]

Also,

5. Stop saying "seed money."

Unless you're talking about cash you earned at the sperm bank.

Or blowing dudes

 

[Notorious T.R.E.]

Least likely sentence to end in an exclamation point ever: "I drive a 94 Cutlass Supreme with only 90,000 miles on it!"

 

[Phil Elliott]

Are you feeling better about the Shift Lead hire?

 

[Buckfast 1]

It would be worth the $100 per FBG in seed money just to have a thread titled "Official Eminence's Used Cell Phone Emporium LLC Sponsored by FBGs." We could require him to submit status reports to us on his business adventures every 3 days. It will be the gift that keeps on giving. Best return on an investment of a $100 I can think of, even (or especially) if the business goes bankrupt as an abject failure.

 

[Abraham]

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

 

[Henry Ford]

It would be worth the $100 per FBG in seed money just to have a thread titled "Official Eminence's Used Cell Phone Emporium LLC Sponsored by FBGs." We could require him to submit status reports to us on his business adventures every 3 days. It will be the gift that keeps on giving. Best return on an investment of a $100 I can think of, even (or especially) if the business goes bankrupt as an abject failure.

But he's currently doing this for free.

 

[Eminence]

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

$50 is just the barometer. I've bought phones anywhere from $200 to $300 dollars. I bought my ex-girlfriend an iPhone 4S Refurbished for $300 off some schmuck and sold it $450.

The deals are all out there. All I had to do in this particular example was click a few buttons and be in the right place at the right time. You can literally make $50 - 100 off certain cell phones.

Throw in bundles, repairs, etc. And it's actually all quite profitable. And there's no price on being your own boss.

 

[Eminence]

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

I'd say 80% of the phone I acquired were from the internet. The other 20% was from me physically driving to pick them up. The ones I had to physically drive to purchase usually yielded higher profits.

I bought a Galaxy S3 Brand New for $300 and sold it for about $400 because some dude's wife preferred her iPhone over it. People are stupid, especially around the holidays.

 

[Henry Ford]

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

$50 is just the barometer. I've bought phones anywhere from $200 to $300 dollars. I bought my ex-girlfriend an iPhone 4S Refurbished for $300 off some schmuck and sold it $450.

The deals are all out there. All I had to do in this particular example was click a few buttons and be in the right place at the right time. You can literally make $50 - 100 off certain cell phones.

Throw in bundles, repairs, etc. And it's actually all quite profitable. And there's no price on being your own boss.

$1200 per year.

 

[Buckfast 1]

It would be worth the $100 per FBG in seed money just to have a thread titled "Official Eminence's Used Cell Phone Emporium LLC Sponsored by FBGs." We could require him to submit status reports to us on his business adventures every 3 days. It will be the gift that keeps on giving. Best return on an investment of a $100 I can think of, even (or especially) if the business goes bankrupt as an abject failure.

But he's currently doing this for free.

There's only so many laughs you can get out of a Walgreens photo lab worker living at home with his parents bragging about his 94 Cutlass Supreme with only 90,000 miles who has big dreams of getting rich selling used cell phones and plowing the Walgreens Pharmacy Tech girl.

Okay, you're right. We still have plenty of time.

 

[Eminence]

People w

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

$50 is just the barometer. I've bought phones anywhere from $200 to $300 dollars. I bought my ex-girlfriend an iPhone 4S Refurbished for $300 off some schmuck and sold it $450.

The deals are all out there. All I had to do in this particular example was click a few buttons and be in the right place at the right time. You can literally make $50 - 100 off certain cell phones.

Throw in bundles, repairs, etc. And it's actually all quite profitable. And there's no price on being your own boss.

$1200 per year is a pretty spectacular start.

If you actually have been reading my posts, I'm aiming for $15,000 this year. With $1,200 being the residual (actually it would be higher). Please read before you troll.

 

[Notorious T.R.E.]

I'm ready to plunk down. Let's do this.

Will need Eminence to fill out some paper work and we'll need a quick google hangout session and we're good to go.

 

[Officer Pete Malloy]

I could earn $1200 a year by checking the coin returns at the nickle arcade every day.

 

[Henry Ford]

People w

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

$50 is just the barometer. I've bought phones anywhere from $200 to $300 dollars. I bought my ex-girlfriend an iPhone 4S Refurbished for $300 off some schmuck and sold it $450.

The deals are all out there. All I had to do in this particular example was click a few buttons and be in the right place at the right time. You can literally make $50 - 100 off certain cell phones.

Throw in bundles, repairs, etc. And it's actually all quite profitable. And there's no price on being your own boss.

$1200 per year is a pretty spectacular start.

If you actually have been reading my posts, I'm aiming for $15,000 this year. With $1,200 being the residual (actually it would be higher). Please read before you troll.

Hey, big guy - read through your posts and tell me how much money you took out of the business during those months.

 

[johnnycakes]

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

$50 is just the barometer. I've bought phones anywhere from $200 to $300 dollars. I bought my ex-girlfriend an iPhone 4S Refurbished for $300 off some schmuck and sold it $450.

The deals are all out there. All I had to do in this particular example was click a few buttons and be in the right place at the right time. You can literally make $50 - 100 off certain cell phones.

Throw in bundles, repairs, etc. And it's actually all quite profitable. And there's no price on being your own boss.

$1200 per year.

Better than many start-ups do their first year, fwiw.

 

[Eminence]

I could earn $1200 a year by checking the coin returns at the nickle arcade every day.

Leave this thread, you're not even reading what I'm posting at this point.

 

[Dr Oadi]

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

$50 is just the barometer. I've bought phones anywhere from $200 to $300 dollars. I bought my ex-girlfriend an iPhone 4S Refurbished for $300 off some schmuck and sold it $450.

The deals are all out there. All I had to do in this particular example was click a few buttons and be in the right place at the right time. You can literally make $50 - 100 off certain cell phones.

Throw in bundles, repairs, etc. And it's actually all quite profitable. And there's no price on being your own boss.

You tell Em. You can be the next gazelle offering people less than 1/2 what they sell the gadgets for.

 

[johnnycakes]

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

I'd say 80% of the phone I acquired were from the internet. The other 20% was from me physically driving to pick them up. The ones I had to physically drive to purchase usually yielded higher profits.

I bought a Galaxy S3 Brand New for $300 and sold it for about $400 because some dude's wife preferred her iPhone over it. People are stupid, especially around the holidays.

I love how you sucked Abraham, an individual usually of sound mind, into discussing this nonsensical crap with you. Good job in that department.

 

[Eminence]

People w

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

$50 is just the barometer. I've bought phones anywhere from $200 to $300 dollars. I bought my ex-girlfriend an iPhone 4S Refurbished for $300 off some schmuck and sold it $450.

The deals are all out there. All I had to do in this particular example was click a few buttons and be in the right place at the right time. You can literally make $50 - 100 off certain cell phones.

Throw in bundles, repairs, etc. And it's actually all quite profitable. And there's no price on being your own boss.

$1200 per year is a pretty spectacular start.

If you actually have been reading my posts, I'm aiming for $15,000 this year. With $1,200 being the residual (actually it would be higher). Please read before you troll.

Hey, big guy - read through your posts and tell me how much money you took out of the business during those months.

Ideally less than $1,250. Anything less than $1,250 a month and I can almost guarantee a higher yield for the next month due to extra funds being available.

Assuming I were to move out,

$550 Rent

$120 Gas + Insurance

$670 minimum living requirement.

$580 Remaining.

-

Hence, I need to build my credit and save more money. With $10,000 available in cash / credit I could probably safely give this business venture a go without putting myself in a position to do serious harm to my Equity.

 

[Eminence]

People w

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

$50 is just the barometer. I've bought phones anywhere from $200 to $300 dollars. I bought my ex-girlfriend an iPhone 4S Refurbished for $300 off some schmuck and sold it $450.

The deals are all out there. All I had to do in this particular example was click a few buttons and be in the right place at the right time. You can literally make $50 - 100 off certain cell phones.

Throw in bundles, repairs, etc. And it's actually all quite profitable. And there's no price on being your own boss.

$1200 per year is a pretty spectacular start.

If you actually have been reading my posts, I'm aiming for $15,000 this year. With $1,200 being the residual (actually it would be higher). Please read before you troll.

Hey, big guy - read through your posts and tell me how much money you took out of the business during those months.

Ideally less than $1,250. Anything less than $1,250 a month and I can almost guarantee a higher yield for the next month due to extra funds being available.

Assuming I were to move out,

$550 Rent

$120 Gas + Insurance

$670 minimum living requirement.

$580 Remaining.

-

Hence, I need to build my credit and save more money. With $10,000 available in cash / credit I could probably safely give this business venture a go without putting myself in a position to do serious harm to my Equity.

Hell, I could probably end up hiring an $8.25 an hour stooge to do all the legwork for me.

 

[[icon]]

I keep seeing these budgets being thrown out and I can only come to one conclusion: You're a robot.

 

[Phil Elliott]

People w

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

$50 is just the barometer. I've bought phones anywhere from $200 to $300 dollars. I bought my ex-girlfriend an iPhone 4S Refurbished for $300 off some schmuck and sold it $450.

The deals are all out there. All I had to do in this particular example was click a few buttons and be in the right place at the right time. You can literally make $50 - 100 off certain cell phones.

Throw in bundles, repairs, etc. And it's actually all quite profitable. And there's no price on being your own boss.

$1200 per year is a pretty spectacular start.

If you actually have been reading my posts, I'm aiming for $15,000 this year. With $1,200 being the residual (actually it would be higher). Please read before you troll.

I see inventory costs and gross revenue. Are you talking $15,000 net profit or gross profit? Any other costs like sales tax in your state, FICA, unemployment tax, etc? Can you deduct your bedroom as a business expense?

 

[[icon]]

TAXES?! WE DON'T PAY NO STINKING TAXES!

 

[Officer Pete Malloy]

I could earn $1200 a year by checking the coin returns at the nickle arcade every day.

Leave this thread, you're not even reading what I'm posting at this point.

You're telling me to leave a thread?

DO YOU HAVE ANY IDEA WHO I AM?

 

[Eminence]

I'm hungry. I'm gonna grab some grub and go workout.

 

[[icon]]

I keep seeing these budgets being thrown out and I can only come to one conclusion: You're a robot.

I'm hungry. I'm gonna grab some grub and go workout.

Maybe you're not a robot. You might want to add food to these budgets, then.

 

[jamny]

Were you ever Best Boy?

:airfryar:

Good times...

 

[Henry Ford]

People w

You are awful at math. Based on your earlier statements about having to drive to meet people, etc it would seem that by month three you would be netting a lot less than $8 an hour using your model. And to buy 7500 worth if $50 phones you would need to acquire and sell 150 phones, or about 5 per day. If each requires an hour if your time from start (locating, buying) to finish (sell, ship, connect money) then you are commiting to 30 hour work weeks for less money then you make now.

So good job on that.

$50 is just the barometer. I've bought phones anywhere from $200 to $300 dollars. I bought my ex-girlfriend an iPhone 4S Refurbished for $300 off some schmuck and sold it $450.

The deals are all out there. All I had to do in this particular example was click a few buttons and be in the right place at the right time. You can literally make $50 - 100 off certain cell phones.

Throw in bundles, repairs, etc. And it's actually all quite profitable. And there's no price on being your own boss.

$1200 per year is a pretty spectacular start.

If you actually have been reading my posts, I'm aiming for $15,000 this year. With $1,200 being the residual (actually it would be higher). Please read before you troll.

Hey, big guy - read through your posts and tell me how much money you took out of the business during those months.

Ideally less than $1,250. Anything less than $1,250 a month and I can almost guarantee a higher yield for the next month due to extra funds being available.

Assuming I were to move out,

$550 Rent

$120 Gas + Insurance

$670 minimum living requirement.

$580 Remaining.

-

Hence, I need to build my credit and save more money. With $10,000 available in cash / credit I could probably safely give this business venture a go without putting myself in a position to do serious harm to my Equity.

According to your posted business plan, $0. You're taking $0 out of the business every month.

 

[Leroy Hoard]

I could earn $1200 a year by checking the coin returns at the nickle arcade every day.

Leave this thread, you're not even reading what I'm posting at this point.

But you still have to admit that he has presented a valid idea here.