Chatteling (Flipping) can be a full time gig.

[GordonJ]

This site was brought to my attention today after the newsletter went out.

http://fleamarketflipper.com/

133,000 bux is more (by far) than most IM make. But it is work.

He offers a course, I'm NOT an affiliate, but probably should be.

GordonJ

[Dien Rice]

Originally Posted by GordonJ

This site was brought to my attention today after the newsletter went out.

http://fleamarketflipper.com/

133,000 bux is more (by far) than most IM make. But it is work.

Hi Gordon,

You're right... chatteling can be a full time gig!

I did it full time for a while... If you do it right, you can pretty much guarantee an income. The better you get at it, the better your income gets, too.

But it is work. It's not something where you can sit back and let the cash roll in. You have to find the items to flip, and you have to sell to the buyers. It's not hard work, but you do have to occasionally get out of your La-Z-Boy recliner to do it!

Nowadays, it's something I keep in my "back pocket"... I know if I need extra cash, I can instantly get up and start doing it. I know where to find the items to flip, I know how to fiip them, and I know how to do it with virtually no risk...

Not a bad skill to have!

It's a kind of "income insurance" if my other income streams are slow...

But it can be a full time income, too! (It depends on what you want...)

Best wishes,

Dien

P.S. I learned from Gordon's Chattel Report...

[GordonJ]

Originally Posted by Dien Rice

Hi Gordon,

You're right... chatteling can be a full time gig!

I did it full time for a while... If you do it right, you can pretty much guarantee an income. The better you get at it, the better your income gets, too.

But it is work. It's not something where you can sit back and let the cash roll in. You have to find the items to flip, and you have to sell to the buyers. It's not hard work, but you do have to occasionally get out of your La-Z-Boy recliner to do it!

Nowadays, it's something I keep in my "back pocket"... I know if I need extra cash, I can instantly get up and start doing it. I know where to find the items to flip, I know how to fiip them, and I know how to do it with virtually no risk...

Not a bad skill to have!

It's a kind of "income insurance" if my other income streams are slow...

But it can be a full time income, too! (It depends on what you want...)

Best wishes,

Dien

P.S. I learned from Gordon's Chattel Report...

Yes it is. But work is a good word. NOT a nasty one like "Job" (for some).

Only those born with silver spoons get to enjoy the fruit of someone's labor and not their own.

Chatteling or flipping is NO different than any business endeavor, as far as doing something (making transactions) in exchange for value...(agreed upon).

But it is easy to understand, requires no brick and mortar location, can be done with a cell phone and a small car and offers rewards commensurate with the effort made.

Here is where most chattlers go wrong: They spend their profits too soon.

In the original Chattel Report, I presented the concept of circulation vs storage.

Too many would be flippers want to hold on to stuff because they think:

it is worth more than X

But a quick turn over, a fast profit and the money kept in rapid circulation is going to beat the wait and hold out guy every day of the week.

Thinking on physics concepts is some of the hardest work there is, and relatively few can do it.

Buying a camera and selling it? Even my 11 year old kid did it.

Even those with great TOLL positions have to WORK, to insure their infrastructure is intact and functioning properly.

Only the idle rich don't work, and they, as a group, are some of the nastiest people on the face of the planet. Born on third base, they act like they hit a triple to get there.

Work. A great concept none of us are afraid of, right?

Gordon

[Dien Rice]

Originally Posted by GordonJ

Yes it is. But work is a good word. NOT a nasty one like "Job" (for some).

Only those born with silver spoons get to enjoy the fruit of someone's labor and not their own.

Chatteling or flipping is NO different than any business endeavor, as far as doing something (making transactions) in exchange for value...(agreed upon).

But it is easy to understand, requires no brick and mortar location, can be done with a cell phone and a small car and offers rewards commensurate with the effort made.

Here is where most chattlers go wrong: They spend their profits too soon.

In the original Chattel Report, I presented the concept of circulation vs storage.

Too many would be flippers want to hold on to stuff because they think:

it is worth more than X

But a quick turn over, a fast profit and the money kept in rapid circulation is going to beat the wait and hold out guy every day of the week.

Thinking on physics concepts is some of the hardest work there is, and relatively few can do it.

Buying a camera and selling it? Even my 11 year old kid did it.

Even those with great TOLL positions have to WORK, to insure their infrastructure is intact and functioning properly.

Only the idle rich don't work, and they, as a group, are some of the nastiest people on the face of the planet. Born on third base, they act like they hit a triple to get there.

Work. A great concept none of us are afraid of, right?

Gordon... You have it all wrong!

As you know, I belong to the Church of Maynard G. Krebs. Our motto is ... "Work?!"

I bought The Lazy Man's Way to Riches. I took it to heart, and was too lazy to read it.

Ha! Just kidding!

What I like to do is set things up, and have them run in the background... But it is hard to have something run completely independently. You still have to do something...

The best I've found is the Harvey Brody "toll positions" model... You still have to work to keep it chugging along, but the work can be reduced greatly, especially if you have a good toll position!

I do consider it to be the "holy grail" of business...

I'm going to introduce it to the other members of the Maynard G. Krebs Church...

Though I still think they'll find the setting up of a toll position to be too much work...

Work?!

Best wishes,

Dien

[GordonJ]

Originally Posted by Dien Rice

Gordon... You have it all wrong!

As you know, I belong to the Church of Maynard G. Krebs. Our motto is ... "Work?!"

I bought The Lazy Man's Way to Riches. I took it to heart, and was too lazy to read it.

Ha! Just kidding!

What I like to do is set things up, and have them run in the background... But it is hard to have something run completely independently. You still have to do something...

The best I've found is the Harvey Brody "toll positions" model... You still have to work to keep it chugging along, but the work can be reduced greatly, especially if you have a good toll position!

I do consider it to be the "holy grail" of business...

I'm going to introduce it to the other members of the Maynard G. Krebs Church...

Though I still think they'll find the setting up of a toll position to be too much work...

Work?!

Best wishes,

Dien

I stand corrected. But over the years, living the MGK lifestyle, has been more exhausting than the actual work I've done. HA!

AND, I won't argue with TOLLS being one of the Holy Grails.

Do we have a TOLL here at SowPub?

Gordon

[GordonJ]

https://youtu.be/TgecgpCfAYo?list=PL...dpM12CufNL7 3

Dobie Gillis. Milton Armitage.

Recently Milton (aka Warren Beatty) had some TV experience.

I tuned in for Tuesday Weld. Zelda was everyone's friend and Chats Osborne Jr.

Even a young Ron Howard showed up.

But Maynard was a notable TV character as was Gilligan.

Work? WERK1?
Thanks Dien

[Dien Rice]

Originally Posted by GordonJ

https://youtu.be/TgecgpCfAYo?list=PL...dpM12CufNL7 3

Dobie Gillis. Milton Armitage.

Recently Milton (aka Warren Beatty) had some TV experience.

I tuned in for Tuesday Weld. Zelda was everyone's friend and Chats Osborne Jr.

Even a young Ron Howard showed up.

But Maynard was a notable TV character as was Gilligan.

Work? WERK1?
Thanks Dien

Hi Gordon,

Thanks, I enjoyed the video!

Actually, I hadn't seen Maynard G. Krebs before... I heard about him from you, and I also have another friend (a big fan of old TV series and movies) who had mentioned him too... So I knew him by reputation...!

Now, I wanna see more!

But you're right, sometimes you do more work trying to avoid doing the work than you would have done just doing the work!

This is a bit off track, but... In the past couple of months, I've been watching many movies directed by Billy Wilder... Well known ones (like "Double Indemnity," "The Seven Year Itch," and "The Apartment") along with less well-known ones (like "The Private Life of Sherlock Holmes," "Avanti!," and "The Fortune Cookie"). I think Billy Wilder had real talent (as he also co-wrote all those movies)... I think you can learn about writing by watching well-written movies... (At least I hope so, as then I can justify watching more! )

Best wishes,

Dien

[Dien Rice]

Originally Posted by GordonJ

I stand corrected. But over the years, living the MGK lifestyle, has been more exhausting than the actual work I've done. HA!

AND, I won't argue with TOLLS being one of the Holy Grails.

Do we have a TOLL here at SowPub?

Hi Gordon,

We definitely have some sort of toll position here, I believe... Plus others...

Harvey once told me that he loves to "play the game of toll position"... It's a good game to play!

Best wishes,

Dien