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SOWPub Business Forum Seeds of Wisdom Forum |
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#1
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These two posts are awesome! It really shows the power of reinvesting your money, in something which you know works... And the way you do it, chatteling is almost guaranteed to make a profit for you. That's what I like... Making money with very little risk... And they can build up to big bucks, too... ![]() Best wishes, Dien
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#2
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Hi Dien, my experience has been: chattelers want a big score right away, and they aren't anywhere near ready to get one. So, when a guy like "bob" comes along, willing to do as instructed, because he was desperate and he too wanted a quick score, his putting back the 3k was a "godsend" he says today, although at the time he wasn't happy about it. He wanted to double his money right away and yet he had ZERO experience in buying and selling. And those early weeks taught him the power of cumulative effort and exponential growth. I've never flipped a 25,000 fryer, like he did recently and pocketed 5k, but that was only because he had the discipline to buy AFTER he had a buyer BECAUSE he spent the time to build a network. I believe the fryer he bought in Cleve is headed to Chicago, another, buy here/sell there example. Or buy in Oz, sell in Gambia...same thing. But the same can be said for IM or even off line efforts, lack of a clear goal, lack of discipline and lack of patience is often the evil TRIAD of failure. I do love me some chatteling. Gordon |
#3
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![]() … Anyone considering full-time "chattelling" will need ANOTHER income source to take care of expenses while trying to grow the "chattel" account.
I've found that some issues could slow down the early baby steps. For instance, some people pass off their defective chattel as "fairly used", and so the new chatteler will quickly need to start knowing how certain chattel operates when fully operational. Then again building the network of buyers. Some markets are seasonal and deals don't show up as often as one may want them to (or maybe I'm not looking hard enough) All these could slow the learning curve...and in the mean time, a guy's gotta eat. That's why another income source is needed as a buffer while the learning goes on... Thank you Quote:
Last edited by unpinkpanther : May 20, 2017 at 06:44 AM. |
#4
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who considered full time chatteling without another source of income. It is absurd, isn't it? In fact, maybe only a handful do or ever wanted to chattel full time. Without a bankroll and plan, like "bob" with his 3k grubstake and only 100 buck a week plan, the alternative is the Grow and Go plan, the 12 weeks sprint to freedom in the Chattel Report. I don't see it as OBVIOUS, but truly, an absurd idea. GordonJ |
#5
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You're right; it IS absurd! The 10% plan looks straightforward enough. One only needs to add EXECUTION...
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