Thanks, but get it directly from Skip, OK?
I coined the term "chatteling" back in the mid 90's and MY method is a Fly Low and Collect the Dough way of selling everyday mundane "parade of life" stuff which just keeps going and going.
Today, there are scores of way as evidenced by the many TV shows about Chatteling. American Pickers, Pawn shops, Storage Wars, Antique shows...
these are all ways of doing IT.
Skip and others like to look for certain stuff. I don't. There isn't a right or wrong way, it is what suits you.
I look at dollars, not things. It has been the hardest concept for most of the chattlers who have bought one of my reports to understand.
I think the Skip, with a list of THINGS to look for works better for most people.
It is easier, faster and you don't need to know very much.
I look for undervalued stuff. Also, 99.9% of people will not build their network of buyers.
IF you have buyers already lined up, it makes the whole thing easier because I know what to look for, but even then, I search strictly by dollars and seldom by items, Brand Names or that way.
Again, it is whatever suits you.
I do NOT operate a business, all of my formal businesses have been either sold or retired. I like to FLY LOW and Collect the Dough.
I shy away from licensed stuff, but do make exceptions if the profits are there.
The PROBLEM with chatteling for MOST people is it requires constant effort and especially if you look for things to sell, you may go days without a good deal, by looking at dollars instead, one can find good deals every day if they know they can "buy over there and sell over here" for a profit.
This is pretty much the condensed versions of all my chatteling works. Again, it ain't woodworking, so there is no need to make it complicated.
Gordon
Quote:
Originally Posted by shelbyc
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