I started by literally just selling stuff I had laying around my house in ebay. It has blossomed into something I could have never imagined. You just have to get out and there and REALLLY put yourself into it. Great video!
After 30-years of being a Financial Advisor, I am completely and utterly burned-out (I could type a book on all the reasons why)!!! I am doing reselling on a full-time basis, absolutely scared to death, but beyond excited...it is my true passion. This was a great video and very motivating. Thanks!
Many people who open stores either do it because they think it is necessary to be considered successful or "just want to". Others go in with an underpants gnome plan. Step 1: Open Store. Step 2: ...... Step 3: PROFIT! Opening a store depends on your niche, your skill level, your interpersonal skills, and most importantly your market. Me personally, I'd never succeed with a store front. I much prefer working in my pajamas in my garage making more profit than most small businesses in my area. I have zero overhead and get tremendous tax advantages "deducting my life" with a home business in addition to my normal day job. Not having a storefront also plays into the passive income myth. The majority of the work is front loaded and I operate at the speed of cash out of a separate business account so when the cash comes in, it is perceived to be free money. I answer to noone, and can choose to take off a whole week and go to the beach and money keeps coming in. It's awesome! That shipping crunch when I get back closing in on midnight when I have to wake up at 5:30 for my day job does SUCK though. Definitely does not feel passive in that moment.
I started with 160$ trying to put games in my collection for free and and now make a few thousands a year by doing it part time and still adding a ton of stuff to my collection. I think the best way to start is casually with no pressure. Really hoping to be at sourcing level 3 by 2025
I have a booth at a local consignment store. It does very well for systems and the popular games and cheaper titles most resellers usually can't sell. I get asked all the time if I want to open a store. I agree I don't want to either. So much more expense. But to each his own!! Do what suits you in your area. There IS a lot of competition but you have to want to hustle and grind and have a work mindset and learn from your mistakes
Great video. I started selling more niche stuff like model cars, even specific video games, because a lot of people don't want to mess with it. It's stuff I genuinely like so I was able to get a pretty decent customer base in a year's time, and I even meet up with people in person. Hoping to do more trade shows soon.
I think every area has its challenges but if you put in the work not only in selling and buying but also learning along the way it’s possible for anybody!
For the Pokemon Room: If you are putting the Whatnot USPS Priority Sorting System up in that room, you might consider turning the white shelving system into the door for the doorway behind you.
Hey guys, just curious. What is the phrase that Chase mentioned at the end of the video? I like how it sounds but I can't hear it, but it is something that he usually said at the end of the videos. Thanks in advance.
The first $10 challenge was done on a fresh account, the name of the account was never shared, and done two weeks in advance so nobody could see/search/purchase the items. Did everything we could
This is one of the things I want to get into, furniture seems like a very lucrative flipping option to me. I just need to figure out my space situation and then how to actually repair furniture while living in an apartment. But so much is just free because people just want to get rid of it but some TLC and some of them can be easy flips. Furniture is why I believe the first myth is false because I have seen perfectly new gym equipment right next to a dumpster, just don't have the means to store big items like that
@@Matt.P. Nope, that's part-time income. Passive income is like investments. Savings accounts, stock dividends, real estate that requires occasional time if something unexpected comes up.
I am so tired of seeing this antisocial crybaby andy response every time they mention the challenges, because you defeatest lobotomites have genuinely no idea what you are talking about. The point of the challenges are to MAKE you start to create that "clout" and form those business ties, you need to be social and interact with other vendors and potential suppliers in order to get anywhere in resale beyond it being a side hobby The reality of success in resale does not cater to socially maladjusted losers, period. You can't nervously walk up to a yard sale, give them a "y...you too haha" and that be your livelyhood. You can't just quietly soft through thrift store inventory only having to say 2 words to the clerk as you check out. You have to actually talk to people who can be avenues for more product, form relationships with them, they need to actually like you in order to want to sell you things. And the only way that will happen is if you DO IT. Sitting around Hoping that tens of thousands of dollars in product will just fall into your lap out of the blue is the reselling equivalent of buying lottery tickets and hoping for the best, where making connections is playing advantage Blackjack. Your not going to win every time, but you have a much fucking better chance than you did hoping and praying When I was an active reseller, I started from nothing, knowing nobody in the area I was sourcing from, and over the course of two years I connected with people at pawn shops, thrift stores, other game stores, other resellers, random yardsallers, and by the end of it all when I moved on to focusing my spare time on other Hobby's I went from zero profit to making $40k in my best year with a take-home profit of $17k. Pissing your pants about how "infeasible" making real money with reselling is is loser talk, either just go do the work and get grinding or admit that you just want to sit and pout and complain about how hard something is because your lazy and don't want to put any level of effort into it
I started by literally just selling stuff I had laying around my house in ebay. It has blossomed into something I could have never imagined. You just have to get out and there and REALLLY put yourself into it. Great video!
you hit it spot on with this one, and your right you just gotta start somewhere!!!!
Very informative. We want more!
After 30-years of being a Financial Advisor, I am completely and utterly burned-out (I could type a book on all the reasons why)!!! I am doing reselling on a full-time basis, absolutely scared to death, but beyond excited...it is my true passion. This was a great video and very motivating. Thanks!
I started with 5$ and I’m now at 1,000$ in eBay profits I started September 18
Thanks to you guys I’ve really gotten far!
Many people who open stores either do it because they think it is necessary to be considered successful or "just want to". Others go in with an underpants gnome plan. Step 1: Open Store. Step 2: ...... Step 3: PROFIT! Opening a store depends on your niche, your skill level, your interpersonal skills, and most importantly your market. Me personally, I'd never succeed with a store front. I much prefer working in my pajamas in my garage making more profit than most small businesses in my area. I have zero overhead and get tremendous tax advantages "deducting my life" with a home business in addition to my normal day job. Not having a storefront also plays into the passive income myth. The majority of the work is front loaded and I operate at the speed of cash out of a separate business account so when the cash comes in, it is perceived to be free money. I answer to noone, and can choose to take off a whole week and go to the beach and money keeps coming in. It's awesome! That shipping crunch when I get back closing in on midnight when I have to wake up at 5:30 for my day job does SUCK though. Definitely does not feel passive in that moment.
I started with 160$ trying to put games in my collection for free and and now make a few thousands a year by doing it part time and still adding a ton of stuff to my collection. I think the best way to start is casually with no pressure. Really hoping to be at sourcing level 3 by 2025
I have a booth at a local consignment store. It does very well for systems and the popular games and cheaper titles most resellers usually can't sell. I get asked all the time if I want to open a store. I agree I don't want to either. So much more expense. But to each his own!! Do what suits you in your area. There IS a lot of competition but you have to want to hustle and grind and have a work mindset and learn from your mistakes
Great video. I started selling more niche stuff like model cars, even specific video games, because a lot of people don't want to mess with it. It's stuff I genuinely like so I was able to get a pretty decent customer base in a year's time, and I even meet up with people in person. Hoping to do more trade shows soon.
I think every area has its challenges but if you put in the work not only in selling and buying but also learning along the way it’s possible for anybody!
AYYYY THATS ME 1:40 thanks for the shoutout :)
very inspiring and motivating :)
SUBSCRIBED. Thanks for the great advice 🫡💯
It can be done with anything. You just got to put your mind to it everyone. Believe in you!
For the Pokemon Room: If you are putting the Whatnot USPS Priority Sorting System up in that room, you might consider turning the white shelving system into the door for the doorway behind you.
Hey guys, just curious. What is the phrase that Chase mentioned at the end of the video? I like how it sounds but I can't hear it, but it is something that he usually said at the end of the videos. Thanks in advance.
If I want to start reselling is it better to create a new eBay account or use my existing one that I’ve had since 2003 but never sold anything?
Who is Seth? Does he buy rock band stuff directly from resellers somewhere?
Not sure who he is but if you ever wanna sell guitar hero live or rock band 4 stuff shoot me a message.
I got tons of guitars for Wii, Xbox 360, ps4 and Xbox one I need to get rid of. Wish that Seth guy was local to me.
I am growing my sealed Switch game collection and excited to see if it grows like N64
Will you sell it right after you decide that your done
three echomasters? How many disks a day do you clean?
GB / GBC / GBA is my all time favorite video game console / era
Great video
He has the niche
I will bring truck loads to mission
Lets go!
Is there a limit max how much you can sell on eBay Facebook marketplace Amazon Shopify
The $10 challenge needs to be done with a fresh account bc so many people don't have established bases.
The first $10 challenge was done on a fresh account, the name of the account was never shared, and done two weeks in advance so nobody could see/search/purchase the items. Did everything we could
Do you repair your broken items or do you sell them?
1st n 2nd comment W😂
I love furniture flipping from storage units. It’s the greatest thing that’s everyone needs to do
This is one of the things I want to get into, furniture seems like a very lucrative flipping option to me. I just need to figure out my space situation and then how to actually repair furniture while living in an apartment. But so much is just free because people just want to get rid of it but some TLC and some of them can be easy flips. Furniture is why I believe the first myth is false because I have seen perfectly new gym equipment right next to a dumpster, just don't have the means to store big items like that
😮
I started with free games no cap
Hey yo!! Thanks for another shout out!! ❤
Reselling is passive for me. Average of 10 hours a week (more in Summer, less in Winter). I clear 40-50k a year. So it certainly can be.
10 hours a week is still work, so not completly passive.
@@DonCesar93by definition that is exactly what passive income is.
@@Matt.P. Nope, that's part-time income. Passive income is like investments. Savings accounts, stock dividends, real estate that requires occasional time if something unexpected comes up.
Starting with $10 and a ton of clout 🧌
Live in a gold mine and let’s not forget the privilege
And built in buyers due to RUclips
Literally said somebody did the challenge and are making money
@@paulcrow7642 people say a lot of things lol
I am so tired of seeing this antisocial crybaby andy response every time they mention the challenges, because you defeatest lobotomites have genuinely no idea what you are talking about. The point of the challenges are to MAKE you start to create that "clout" and form those business ties, you need to be social and interact with other vendors and potential suppliers in order to get anywhere in resale beyond it being a side hobby
The reality of success in resale does not cater to socially maladjusted losers, period. You can't nervously walk up to a yard sale, give them a "y...you too haha" and that be your livelyhood. You can't just quietly soft through thrift store inventory only having to say 2 words to the clerk as you check out. You have to actually talk to people who can be avenues for more product, form relationships with them, they need to actually like you in order to want to sell you things. And the only way that will happen is if you DO IT. Sitting around Hoping that tens of thousands of dollars in product will just fall into your lap out of the blue is the reselling equivalent of buying lottery tickets and hoping for the best, where making connections is playing advantage Blackjack. Your not going to win every time, but you have a much fucking better chance than you did hoping and praying
When I was an active reseller, I started from nothing, knowing nobody in the area I was sourcing from, and over the course of two years I connected with people at pawn shops, thrift stores, other game stores, other resellers, random yardsallers, and by the end of it all when I moved on to focusing my spare time on other Hobby's I went from zero profit to making $40k in my best year with a take-home profit of $17k. Pissing your pants about how "infeasible" making real money with reselling is is loser talk, either just go do the work and get grinding or admit that you just want to sit and pout and complain about how hard something is because your lazy and don't want to put any level of effort into it