SOWPub Small Business Forums  

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Ordinary housewife makes $500,000+ a year in her spare time, using a simple idea, and her driveway!"

Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here


Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old June 2, 2013, 07:42 PM
Dien Rice Dien Rice is offline
Onwards and upwards!
Join Date: Aug 2006
Posts: 2,557
Default Dealing in everyday stuff, rather than collectibles/antiques...

Originally Posted by Georjina View Post
It may have to do with what I'm buying. If I follow my interests, then it's ceramic or porcelain collectibles, especially teapots. To be fair, my budget is limited to $100 or less to purchase items. Now I'm finding that I'm holding items for 2-3 weeks or longer.

Any suggestions on what I'm doing wrong would be most helpful.
Hi Georjina,

Gordon recommends buying and selling everyday stuff, and staying away from collectibles and antiques. That could be why you are holding your items for 2-3 weeks and more.

A budget of $100 shouldn't be a problem, because you can grow that over time, as Gordon Alexander explains in "The Chattel Report: 12 Weeks To Freedom."

Think about the "Parade of Life," as Gordon puts it. There are certain stages of life when people buy certain things, and other stages when they sell those same things. For example, when they have a new baby, parents buy a stroller. A few years later, when the kid gets older, they'll sell it. At the same time, another couple will be looking for a stroller for their new baby. You can make a profit between those two transactions - the first couple selling the stroller, and the second couple buying it.

TV shows like "American Pickers" are very popular, but the reality is they could hold those antiques for months (or more) before they can sell them at a good price. That's the drawback of dealing with antiques and collectibles compared to everyday stuff.

Best wishes,

Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...

Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | The Art of Leverage | The Success Report | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine) | The Fly Low Collect Dough Update Hotline

Get the report on Harvey Brody's Answers to a Question-Oriented-Person

All times are GMT -4. The time now is 06:14 AM.

Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.