I'm not giving you money and neither is anyone else. I am offering to do the work and front the capital and pay you for your iron glad knowledge based on the results I achieve. For a guy that couldn't make supervisor in three months you sure seen to look down your nose at free money.Again, I'll divulge complete details to someone if they want to invest. Like I said, worst case scenario is that I sell the phone for exactly what I paid for it and I pay you back your money in full.
Even at that, I'm making 1 - 2% back on all my purchases.
Then why can't you afford to buy phones?Haha, like I said. I have a pretty decent credit limit that is only going to grow. My only expenses are gas + insurance which equate to about $130 a month. So of the $940 a month I'm grossing, I am saving quite a bit of it.I disagree. I think he should wait for the lump sum of $5000 to appear. Never give up on your dreams.Why don't you just do this now? You can make a lot more than $8.25 an hour waiting tables.pick up a few nights a week at Olive Garden or some comparable Italian Restaurant.
It's not that I don't have a plan. Just that getting promoted was going to expedite said plan.
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 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.
You need to PM White Tail Hunter a/k/a chet. He wipes his butt with $100 bills. And then spends them on Ferraris.Again, I'll divulge complete details to someone if they want to invest. Like I said, worst case scenario is that I sell the phone for exactly what I paid for it and I pay you back your money in full.
Even at that, I'm making 1 - 2% back on all my purchases.
Nah, I'm sure this approach has never worked for anybody before.For the record, I'm actually an Honors Student. Was just pissed, got some legit advice from you guys.
I did get designated to take care of the "soda" bay. I suppose I can just work obnoxiously hard and make the new girl look like trash.
Is that how you squeeze out profit from selling things at exactly the same price you paid for them?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 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'd rather just wait it out and give it an honest whack myself. If I knew in good faith you are willing to spend "x-amount" in inventory, I'd be all over it.I'm not giving you money and neither is anyone else. I am offering to do the work and front the capital and pay you for your iron glad knowledge based on the results I achieve. For a guy that couldn't make supervisor in three months you sure seen to look down your nose at free money.Again, I'll divulge complete details to someone if they want to invest. Like I said, worst case scenario is that I sell the phone for exactly what I paid for it and I pay you back your money in full.
Even at that, I'm making 1 - 2% back on all my purchases.
I've never sold a phone for the same price which I bought it. If you read my numbers earlier in the thread, you'd know this.Is that how you squeeze out profit from selling things at exactly the same price you paid for them?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 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.
No. You do not need to move out. You need to stay there and save. And even if you move out, you can find two roommates and work as a bartender.OK. I'm going to be honest and helpful here.I'm willing to work very hard. Doors don't fly open for guys who have nothing but food on their resume. This Walgreens job was simply a guarantee that I might never have to work in Food again. I'm staying here a minimum of 6 months just so I can pad my resume.Here's your problem.I left Olive Garden to work at Walgreens. Walgreens is like 10x easier. I work with a bunch of old women so the bar is set obnoxiously low.Why don't you just do this now? You can make a lot more than $8.25 an hour waiting tables.pick up a few nights a week at Olive Garden or some comparable Italian Restaurant.
I worked food since I was 16 years old and just needed to get out. I feel I made the right decision.
Until you've worked in your profession for a couple of years, odds are that the tougher job is always going to pay more. See, they reward you for doing harder work.
Hopefully I get a job in the Pharmacy by then.
1. I was in food and beverage from the time I was 16, too. It was pretty much my only job I had before I started my career. Real companies won't care if you worked as a bartender or at a Walgreens.
#### dude, I just want to move out of my parents house.
2. 6 months won't "pad the resume." If I'm hiring someone (and I used to hire a lot of people), seeing that someone worked somewhere for 6 months told me that they really didn't have dedication. That's not an attack on you. But 6 months is nothing.
3. Most jobs won't give you a promotion until after a year has gone by. And most expect to see something extraordinary out of you. Simply putting in hours won't be enough for a promotion.
I'm turning 22, I don't exactly have a year to waste on Walgreens. I need to look for better opportunities at every corner.
4. At a job like Walgreens, a manager will almost always choose an older person off the street rather than a 22 year old kid who has worked there 3-6 months. You having potential is a great thing. But having experience is an even better thing.
If you truly want to go to school, work at a restaurant and don't worry about being promoted. Put in your 3 to 4 years getting crappy wages and tips. When you graduate, that's when the money making starts. No one is supposed to be wealthy while they're attending school.
That's bull####. I already ####ed all that up. I need to move out of my parents house, get a decent paying job, and finish my studies. I can't make less than $10.00 an hour any longer or else I'm not going to get anywhere in life anytime soon. My parents are in their 50's, I'm the youngest kid. I can't be a burden any long.
Someone will pay me $10.00 an hour to do some #### job so I can contently bang chicks in a one bedroom apartment until I finish my Accounting Degree. I probably need to move to the city (Chicago).
Is there a way to short sell these phones? Sell first, buy later to fill orders?Not really, pretty much there are few different networks you can scour where you can buy phones at peak lows and sell them at peak highs. These are used Cell Phones which people do not have an accurate grasp of their 'actual worth'.And the problem he is running in to at the moment is Step 1? Hm. Doesn't seem like a very good plan.1. Buy phonesTell 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.
2. Sell said phones
3. Wallpaper house with money
Sometimes you can buy a phone for $50 package it with a few accessories and sell it for $120 in a bundle. There's a million little secrets you can use to extend your profit. But if you're trying to be lazy, the low-end you'll make per phone is around $10.
If you want to put in effort, your max profit per phone is about $50 - 100.
this, professor.Again, I'll divulge complete details to someone if they want to invest. Like I said, worst case scenario is that I sell the phone for exactly what I paid for it and I pay you back your money in full.
Even at that, I'm making 1 - 2% back on all my purchases.
I don't see the big deal. If she likes you, she likes you. She clearly knows your age, and it's not that unusual for a 21-year old to be living at home. Ask her out for a drink. Chat, play darts, make her laugh. Pretend you're just looking for friendship and fun night out. As things develop (hahahahaha!!!!!), you'll figure out where to go so you can #### her. Your parents are probably asleep when the bars close, right? Or, maybe she has her own place.She flirts with me and I've put myself in a position to make small-talk with her. I put a big ole' grin on her face. But I'm kind of putting that on the backburner until I get a better job / moved to the Pharmacy.Update on Plowing that Pharm Tech?
I see no feasible way for me to plow this girl given the current conditions. I get maybe 1 - 2 chances to talk with her a week and I'm afraid if I were to take her out she's going to see how ####ty of a life position I've put myself in up-to-date.
She's a Certified Pharmacy Tech which pays waaaay better than my current wage. If I could invite her out to hangout, grab a bite to eat, then watch Netflix over at my apartment I'd be all over it. But I live at home.
"Let's come hang out in my bedroom."
Hey. That's my plan! Get your own!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.
My plan's better. I'm making profit by reselling at the same price. I wonder if I could make more profit if I could move the inventory faster...I bet if I sold it for less than I bought it, I could get rich faster.Hey. That's my plan! Get your own!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.![]()
He could pitch woo in the giant back seat of the 94 Cutlass Supreme.I don't see the big deal. If she likes you, she likes you. She clearly knows your age, and it's not that unusual for a 21-year old to be living at home. Ask her out for a drink. Chat, play darts, make her laugh. Pretend you're just looking for friendship and fun night out. As things develop (hahahahaha!!!!!), you'll figure out where to go so you can #### her. Your parents are probably asleep when the bars close, right? Or, maybe she has her own place.She flirts with me and I've put myself in a position to make small-talk with her. I put a big ole' grin on her face. But I'm kind of putting that on the backburner until I get a better job / moved to the Pharmacy.Update on Plowing that Pharm Tech?
I see no feasible way for me to plow this girl given the current conditions. I get maybe 1 - 2 chances to talk with her a week and I'm afraid if I were to take her out she's going to see how ####ty of a life position I've put myself in up-to-date.
She's a Certified Pharmacy Tech which pays waaaay better than my current wage. If I could invite her out to hangout, grab a bite to eat, then watch Netflix over at my apartment I'd be all over it. But I live at home.
"Let's come hang out in my bedroom."
I'm no Harvard Business Graduate, but this sounds terrible.Exactly,But you still live at home.$8.25 is guaranteed money and I was only able to afford both businesses because I was living at home.You prefer to make $8.25 an hour?Not true, both were quite lucrative.Another way to think of that is that you have had two businesses which failed so miserably to turn a profit that you're better off working for $8.25 an hour.I also ran an Online Cell Phone business for awhile. If anyone gave me $5,000 I could probably turn it into near double if you gave me the chance.
I had a great business model, just no seed money. I had too many orders, not enough inventory. Had to call it quits.
What happens when I don't make enough for rent and can afford EVEN LESS inventory? It would become a vicious cycle if that was my only income.
If I had $10,000 sitting in the bank. I'd find a dumb 1 bedroom apartment for $550 a month, put a deposit and 1st Month's rent down. I'd have $8,950 left. From there, I can scour and find phone deal after phone deal.
Like I said before, every $5,000 I spend is a guaranteed $100 back. So my rent is instantly lowered to $450 a month.
$450 a month = 45 phones at $10 profit per phone.
Phones in this range usually cost between $50 - 100 to acquire. I'd only need to acquire about 12 phones per week. If I get a phone in which I make $60 off of, then I only need to find 6 phones that week to make rent.
I think it's all very do-able, especially when you consider I can also purchase damaged phones, repair them, and sell them for modest profits as-well.
BINGO! That's exactly what I was doing, but I couldn't get the supply out in time due to a lack of available funds.Is there a way to short sell these phones? Sell first, buy later to fill orders?Not really, pretty much there are few different networks you can scour where you can buy phones at peak lows and sell them at peak highs. These are used Cell Phones which people do not have an accurate grasp of their 'actual worth'.And the problem he is running in to at the moment is Step 1? Hm. Doesn't seem like a very good plan.1. Buy phonesTell 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.
2. Sell said phones
3. Wallpaper house with money
Sometimes you can buy a phone for $50 package it with a few accessories and sell it for $120 in a bundle. There's a million little secrets you can use to extend your profit. But if you're trying to be lazy, the low-end you'll make per phone is around $10.
If you want to put in effort, your max profit per phone is about $50 - 100.
Too bad that's just the gravy on top of your actual profits, jagoff.I'm no Harvard Business Graduate, but this sounds terrible.Exactly,But you still live at home.$8.25 is guaranteed money and I was only able to afford both businesses because I was living at home.You prefer to make $8.25 an hour?Not true, both were quite lucrative.Another way to think of that is that you have had two businesses which failed so miserably to turn a profit that you're better off working for $8.25 an hour.I also ran an Online Cell Phone business for awhile. If anyone gave me $5,000 I could probably turn it into near double if you gave me the chance.
I had a great business model, just no seed money. I had too many orders, not enough inventory. Had to call it quits.
What happens when I don't make enough for rent and can afford EVEN LESS inventory? It would become a vicious cycle if that was my only income.
If I had $10,000 sitting in the bank. I'd find a dumb 1 bedroom apartment for $550 a month, put a deposit and 1st Month's rent down. I'd have $8,950 left. From there, I can scour and find phone deal after phone deal.
Like I said before, every $5,000 I spend is a guaranteed $100 back. So my rent is instantly lowered to $450 a month.
$450 a month = 45 phones at $10 profit per phone.
Phones in this range usually cost between $50 - 100 to acquire. I'd only need to acquire about 12 phones per week. If I get a phone in which I make $60 off of, then I only need to find 6 phones that week to make rent.
I think it's all very do-able, especially when you consider I can also purchase damaged phones, repair them, and sell them for modest profits as-well.
What am I missing here? .2% profit margin is gravy? What, like two molecules of gravy?Too bad that's just the gravy on top of your actual profits, jagoff.I'm no Harvard Business Graduate, but this sounds terrible.Exactly,But you still live at home.$8.25 is guaranteed money and I was only able to afford both businesses because I was living at home.You prefer to make $8.25 an hour?Not true, both were quite lucrative.Another way to think of that is that you have had two businesses which failed so miserably to turn a profit that you're better off working for $8.25 an hour.I also ran an Online Cell Phone business for awhile. If anyone gave me $5,000 I could probably turn it into near double if you gave me the chance.
I had a great business model, just no seed money. I had too many orders, not enough inventory. Had to call it quits.
What happens when I don't make enough for rent and can afford EVEN LESS inventory? It would become a vicious cycle if that was my only income.
If I had $10,000 sitting in the bank. I'd find a dumb 1 bedroom apartment for $550 a month, put a deposit and 1st Month's rent down. I'd have $8,950 left. From there, I can scour and find phone deal after phone deal.
Like I said before, every $5,000 I spend is a guaranteed $100 back. So my rent is instantly lowered to $450 a month.
$450 a month = 45 phones at $10 profit per phone.
Phones in this range usually cost between $50 - 100 to acquire. I'd only need to acquire about 12 phones per week. If I get a phone in which I make $60 off of, then I only need to find 6 phones that week to make rent.
I think it's all very do-able, especially when you consider I can also purchase damaged phones, repair them, and sell them for modest profits as-well.
Come to think of it, it was around that age that I was banging girls in cars, at the beach and various secluded parks and such. I once had a girl straddle me on a lifeguard chair. Once you're both good and liquored up, biology takes over. Finding a spot to be alone is not that difficult.He could pitch woo in the giant back seat of the 94 Cutlass Supreme.I don't see the big deal. If she likes you, she likes you. She clearly knows your age, and it's not that unusual for a 21-year old to be living at home. Ask her out for a drink. Chat, play darts, make her laugh. Pretend you're just looking for friendship and fun night out. As things develop (hahahahaha!!!!!), you'll figure out where to go so you can #### her. Your parents are probably asleep when the bars close, right? Or, maybe she has her own place.She flirts with me and I've put myself in a position to make small-talk with her. I put a big ole' grin on her face. But I'm kind of putting that on the backburner until I get a better job / moved to the Pharmacy.Update on Plowing that Pharm Tech?
I see no feasible way for me to plow this girl given the current conditions. I get maybe 1 - 2 chances to talk with her a week and I'm afraid if I were to take her out she's going to see how ####ty of a life position I've put myself in up-to-date.
She's a Certified Pharmacy Tech which pays waaaay better than my current wage. If I could invite her out to hangout, grab a bite to eat, then watch Netflix over at my apartment I'd be all over it. But I live at home.
"Let's come hang out in my bedroom."
Yet, you seem to be having a hard time getting over that bar.I left Olive Garden to work at Walgreens. Walgreens is like 10x easier. I work with a bunch of old women so the bar is set obnoxiously low.Why don't you just do this now? You can make a lot more than $8.25 an hour waiting tables.pick up a few nights a week at Olive Garden or some comparable Italian Restaurant.
I worked food since I was 16 years old and just needed to get out. I feel I made the right decision.
You don't get it, leave the thread.What am I missing here? .2% profit margin is gravy? What, like two molecules of gravy?Too bad that's just the gravy on top of your actual profits, jagoff.I'm no Harvard Business Graduate, but this sounds terrible.Exactly,But you still live at home.$8.25 is guaranteed money and I was only able to afford both businesses because I was living at home.What happens when I don't make enough for rent and can afford EVEN LESS inventory? It would become a vicious cycle if that was my only income.You prefer to make $8.25 an hour?Not true, both were quite lucrative.Another way to think of that is that you have had two businesses which failed so miserably to turn a profit that you're better off working for $8.25 an hour.I also ran an Online Cell Phone business for awhile. If anyone gave me $5,000 I could probably turn it into near double if you gave me the chance.
I had a great business model, just no seed money. I had too many orders, not enough inventory. Had to call it quits.
If I had $10,000 sitting in the bank. I'd find a dumb 1 bedroom apartment for $550 a month, put a deposit and 1st Month's rent down. I'd have $8,950 left. From there, I can scour and find phone deal after phone deal.
Like I said before, every $5,000 I spend is a guaranteed $100 back. So my rent is instantly lowered to $450 a month.
$450 a month = 45 phones at $10 profit per phone.
Phones in this range usually cost between $50 - 100 to acquire. I'd only need to acquire about 12 phones per week. If I get a phone in which I make $60 off of, then I only need to find 6 phones that week to make rent.
I think it's all very do-able, especially when you consider I can also purchase damaged phones, repair them, and sell them for modest profits as-well.
A word of advice....dont mess the TheIronSheik.Too bad that's just the gravy on top of your actual profits, jagoff.I'm no Harvard Business Graduate, but this sounds terrible.Exactly,But you still live at home.$8.25 is guaranteed money and I was only able to afford both businesses because I was living at home.You prefer to make $8.25 an hour?Not true, both were quite lucrative.Another way to think of that is that you have had two businesses which failed so miserably to turn a profit that you're better off working for $8.25 an hour.I also ran an Online Cell Phone business for awhile. If anyone gave me $5,000 I could probably turn it into near double if you gave me the chance.
I had a great business model, just no seed money. I had too many orders, not enough inventory. Had to call it quits.
What happens when I don't make enough for rent and can afford EVEN LESS inventory? It would become a vicious cycle if that was my only income.
If I had $10,000 sitting in the bank. I'd find a dumb 1 bedroom apartment for $550 a month, put a deposit and 1st Month's rent down. I'd have $8,950 left. From there, I can scour and find phone deal after phone deal.
Like I said before, every $5,000 I spend is a guaranteed $100 back. So my rent is instantly lowered to $450 a month.
$450 a month = 45 phones at $10 profit per phone.
Phones in this range usually cost between $50 - 100 to acquire. I'd only need to acquire about 12 phones per week. If I get a phone in which I make $60 off of, then I only need to find 6 phones that week to make rent.
I think it's all very do-able, especially when you consider I can also purchase damaged phones, repair them, and sell them for modest profits as-well.
Getting Shift Lead would have put me over the bar.Yet, you seem to be having a hard time getting over that bar.I left Olive Garden to work at Walgreens. Walgreens is like 10x easier. I work with a bunch of old women so the bar is set obnoxiously low.Why don't you just do this now? You can make a lot more than $8.25 an hour waiting tables.pick up a few nights a week at Olive Garden or some comparable Italian Restaurant.
I worked food since I was 16 years old and just needed to get out. I feel I made the right decision.
I don't understand how "couldn't get the supply out in time due to a lack of available funds" is short-selling. With a short sale, you get the money up front. You then have the funds. Then you go buy the phone cheaper and ship it out. What detail am I missing?BINGO! That's exactly what I was doing, but I couldn't get the supply out in time due to a lack of available funds.Is there a way to short sell these phones? Sell first, buy later to fill orders?Not really, pretty much there are few different networks you can scour where you can buy phones at peak lows and sell them at peak highs. These are used Cell Phones which people do not have an accurate grasp of their 'actual worth'.And the problem he is running in to at the moment is Step 1? Hm. Doesn't seem like a very good plan.1. Buy phonesTell 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.
2. Sell said phones
3. Wallpaper house with money
Sometimes you can buy a phone for $50 package it with a few accessories and sell it for $120 in a bundle. There's a million little secrets you can use to extend your profit. But if you're trying to be lazy, the low-end you'll make per phone is around $10.
If you want to put in effort, your max profit per phone is about $50 - 100.
Did you really just call me a name? And to think I was trying to help you. Good luck with your phone business. It sounds awesome. And tell your mom I said "Hi" tonight at the dinner table.Too bad that's just the gravy on top of your actual profits, jagoff.I'm no Harvard Business Graduate, but this sounds terrible.Exactly,But you still live at home.$8.25 is guaranteed money and I was only able to afford both businesses because I was living at home.You prefer to make $8.25 an hour?Not true, both were quite lucrative.Another way to think of that is that you have had two businesses which failed so miserably to turn a profit that you're better off working for $8.25 an hour.I also ran an Online Cell Phone business for awhile. If anyone gave me $5,000 I could probably turn it into near double if you gave me the chance.
I had a great business model, just no seed money. I had too many orders, not enough inventory. Had to call it quits.
What happens when I don't make enough for rent and can afford EVEN LESS inventory? It would become a vicious cycle if that was my only income.
If I had $10,000 sitting in the bank. I'd find a dumb 1 bedroom apartment for $550 a month, put a deposit and 1st Month's rent down. I'd have $8,950 left. From there, I can scour and find phone deal after phone deal.
Like I said before, every $5,000 I spend is a guaranteed $100 back. So my rent is instantly lowered to $450 a month.
$450 a month = 45 phones at $10 profit per phone.
Phones in this range usually cost between $50 - 100 to acquire. I'd only need to acquire about 12 phones per week. If I get a phone in which I make $60 off of, then I only need to find 6 phones that week to make rent.
I think it's all very do-able, especially when you consider I can also purchase damaged phones, repair them, and sell them for modest profits as-well.
You both work at Walgreens. She knows what position your life is in! If there is an attraction you will find a place to have some fun.She flirts with me and I've put myself in a position to make small-talk with her. I put a big ole' grin on her face. But I'm kind of putting that on the backburner until I get a better job / moved to the Pharmacy.Update on Plowing that Pharm Tech?
I see no feasible way for me to plow this girl given the current conditions. I get maybe 1 - 2 chances to talk with her a week and I'm afraid if I were to take her out she's going to see how ####ty of a life position I've put myself in up-to-date.
She's a Certified Pharmacy Tech which pays waaaay better than my current wage. If I could invite her out to hangout, grab a bite to eat, then watch Netflix over at my apartment I'd be all over it. But I live at home.
"Let's come hang out in my bedroom."
Still think you made the right decision there, **** Fosbury?Getting Shift Lead would have put me over the bar.Yet, you seem to be having a hard time getting over that bar.I left Olive Garden to work at Walgreens. Walgreens is like 10x easier. I work with a bunch of old women so the bar is set obnoxiously low.Why don't you just do this now? You can make a lot more than $8.25 an hour waiting tables.pick up a few nights a week at Olive Garden or some comparable Italian Restaurant.
I worked food since I was 16 years old and just needed to get out. I feel I made the right decision.
I'm going to give you some free business advice even though you don't like my offer.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 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.
This is not how you should describe your business plan to potential investors.I'd rather just wait it out and give it an honest whack myself. If I knew in good faith you are willing to spend "x-amount" in inventory, I'd be all over it.I'm not giving you money and neither is anyone else. I am offering to do the work and front the capital and pay you for your iron glad knowledge based on the results I achieve. For a guy that couldn't make supervisor in three months you sure seen to look down your nose at free money.Again, I'll divulge complete details to someone if they want to invest. Like I said, worst case scenario is that I sell the phone for exactly what I paid for it and I pay you back your money in full.
Even at that, I'm making 1 - 2% back on all my purchases.
But I'd rather not divulge my scheme. It's something that I plan on picking back up in the next 6 - 12 months if my money situation is correct.
You were born to sell used cars.I drive a 94 Cutlass Supreme with only 90,000 miles on it! Totally conned this guy out of it for $2,200 (it had 79,000 miles when I bought it). Drives great, will probably get me 30,000 more miles. Hopefully I'll have a nicer car by then though.OK that sucks.Profit margin would be way too small. You would at best break even. The only perk to this would be cashback on purchases. With the method I use, I make 2% back on every dollar I spend.OMGOMGOMGOMGOMG
1. Buy phones from Walgreen's at 15% discount
2. ?????????
3. Profit
If I were to spend $5,000. I'd get a guaranteed $100 in return. So even if I sold every phone for what I purchased it for, I would still be up $100.
Forget cell phones, the market changes to fast and the element of fraud in dealing with unknown people in an online environment is too high.
Get a snow shovel and start offering to shovel driveways for $25 bucks. You can do at least 4 in 1/2 a day and that is $100 in your pocket. Now go to a pawn store and buy a snow blower for $100 - a reliable one. Now offer $25 bucks for the drive way or $50 for the sidewalk also. Now do this for about a month (everyday). Do this for a entire winter and you will have yourself the seed money.
if you want you can buy a snow plow for a truck (You do have a truck- right?) and then start to do entire private roads for $100. I have a BIL who makes nice coin doing that on the side.
And the above isn't terrible, if I'm spending $5,000. I'm assuming I can at least begin to turn $1,000 profit a month off these cell phones. It's only going to grow exponentially as more seed money is available, too.
Suddenly, I'll be able to buy more phones with a lower profit margin. I'll make more because I'm spending more and will be able to acquire more inventory / sit on it longer.
Explain it to me like I am a kinder... actually, dumb it down more... like I am a Walgreen's shift leader. Oh, wait, we will have to dumb this down a bit more...You don't get it, leave the thread.
I'm going to give you some free business adviceI 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 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.
Least likely sentence to end in an exclamation point ever: "I drive a 94 Cutlass Supreme with only 90,000 miles on it!"
You're forgetting to factor in employee theft.$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 $$$ in.
In fact, after a year you know you can take at least $1,200 out. That's excluding any profit your actually making off an inventory of $5,000 worth of cell phones bought low.
Get it? You give me $5,000 and I can guarantee $1,200 profit by this time next year as a worst case scenario.
I will be profitting off $5,000 worth of inventory.
You're forgetting to factor in employee theft.$5,000 a month over 12 months guarantees you $1,200 a year.
Yet, your initial investment of $5,000 never changes. You never have to funnel more $$$ 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.
So close, yet so far away.$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 $$$ in.
In fact, after a year you know you can take at least $1,200 out. That's excluding any profit your actually making off an inventory of $5,000 worth of cell phones bought low.
Get it? You give me $5,000 and I can guarantee $1,200 profit by this time next year as a worst case scenario.
I will be profitting off $5,000 worth of inventory.
This is not how you should describe your business plan to potential investors.I'd rather just wait it out and give it an honest whack myself. If I knew in good faith you are willing to spend "x-amount" in inventory, I'd be all over it.I'm not giving you money and neither is anyone else. I am offering to do the work and front the capital and pay you for your iron glad knowledge based on the results I achieve. For a guy that couldn't make supervisor in three months you sure seen to look down your nose at free money.Again, I'll divulge complete details to someone if they want to invest. Like I said, worst case scenario is that I sell the phone for exactly what I paid for it and I pay you back your money in full.
Even at that, I'm making 1 - 2% back on all my purchases.
But I'd rather not divulge my scheme. It's something that I plan on picking back up in the next 6 - 12 months if my money situation is correct.
so you're telling me the guy busting balls in the David Wilson thread is a 21-year-old who works at Walgreens?
$1200 a year. Hell, with that kind of coin I could seed my yacht selling business.$5,000 a month over 12 months guarantees you $1,200 a year.
Yet, your initial investment of $5,000 never changes. You never have to funnel more $$$ 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.
Least likely sentence to end in an exclamation point ever: "I drive a 94 Cutlass Supreme with only 90,000 miles on it!"![]()