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: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
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
  #10  
Old July 21, 2020, 02:18 PM
GordonJ's Avatar
GordonJ GordonJ is offline
Administrator
 
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 2,665
Default That is a good profit. For me, it has always been about supply.

You and I are in the minority. I like the psychology parts too.

I like the drum machines and used to flip a lot of equalizers back in the day of "real" stereo equipment (talking turntables, tuners, amps...all that fun stuff). I once was big into cameras, in fact, how I got started.

But one needs a supply, and when I first wrote the original Chattel Report, I found the mundane, ho-hum everyday stuff would sell faster. Then, once the Internet allowed such things, I searched for PRICES only.

The 12 steps in the report could be started at any level, even a 9 year old could start with 10 bux and keep it going...but in the spirit of

THE SPRINT TO FREEDOM

Rather than the marathon ... If someone started at 1k, it would only take six weeks to get to a 1k a week profit, and two deals would put them in the 100k a year range. And truthfully, it is (for me) easier to find 200 bux in profit in something selling for 1k, than it is to find 20 bux in something selling for 100.

But as long as the transactions keep one in the black, it is whatever works. I would guess that beat machines (are they similar) and all things home music would be good chatteling today.

Thanks for sharing.

Gordon

PS "...my Arabian drums, should I put them by the gate, or sad eyed lady should I wait". Would Dylan leave the "drum machines" by the gate?? Someday, I want to make a movie from his JACK OF DIAMONDS. Someday.



Quote:
Originally Posted by Anonymous View Post
That's interesting because the parade of life and psychology parts are my favorite.

I do agree with scaling up to begin with, if possible.

I've been having some fun buying "drum machines" on Craigslist then reselling them on Reverb, which is a marketplace for used musical instruments.

A used Drum Machine, depending on the model, can sell for $200 to $800.

A lot of young guys buy a drum machine, maybe play with it once if at all, then it collects dust in a drawer for a few years until they decide they want to just get rid of it for cheap.

It's pretty easy to flip these on Reverb or eBay and profit anywhere from $100 to $150 average.

The only wrinkle is finding ENOUGH of these at the correct price to flip for profit, but one or two a week is doable.
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 08:47 AM.


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