Home › Forums › Podcast Comments › Scavenger Life Episode 403: FOMO No More!
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sonia.
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03/17/2019 at 2:21 pm #58775
Join the conversation in the forum>> Our Store Week March 10-16, 2019 Total Items in Store: 8233 Items Sold: 34 Gross Sales: $1,113.97 Cost of
[See the full post at: Scavenger Life Episode 403: FOMO No More!] -
03/17/2019 at 3:46 pm #58780
2019-03-10 – 2019-03-16
Total Items In Store: 2848
Items Sold: 12
Cost of Items Sold: $40
Total Sales: $439
Highest Price Sold: $70 (Golf Bag)
Average Price Sold: $36.58
# Items Listed: 52
Money Spent on New Inventory: $344Gut Sales Report for the week: Felt slow and it was slow, especially at the end of the week. My sales this week are half of what they were last week.
Challenge of the week: This was an unexpected challenge: I went to an estate sale on Saturday at 8:15AM and it turned into a whole day ordeal. I loved doing it, but it was a lot of work. This person put Doc Brown from Back to the Future to shame with the amount of clocks he had. He must have had at least 1000 Big Ben clocks! Now this was a challenge. I will explain more below in the Scavenge of the week.
Scavenge of the week / Sale of the week: So this estate sale had nearly every clock Westclox has made since 1908. The prices were about $10 and below, but the issue was most of the clocks didn’t work and the clocks were spread throughout the house and garage (about 50 yeards away and through some mud). I basically had to try every clock to see which ones worked and which ones didn’t. I would say I became an “expert scavenger of Big Ben” in 1 day. I ended up with nearly every style of clock that Westclox has made since they began Big Ben in 1908! I also picked up about 60 Brand new Westclox glass faces for the front – still in the packaging. I got these for $20 and I think each one will sell for $10 – $15, but real long tail. I also got about the same amount of replacement dials with the numbers on them ($10 for the box). I didn’t see any of these listed, so not sure how much they are worth yet, I am guessing $10-$15 each. I also picked up the service manuals for these clocks. I almost feel like a clock dealer. The clocks I bought are wound up and they make an incredible noise. I think I bought about 30 or so.
I probably spent too much time on these clocks, but I see 3 good things coming from it: 1. I will make good money from them 2. I now have a deep understanding about scavenging for Big Ben Clocks. 3. Most importantly, I really found that I enjoy these clocks and I am having fun with them. I grew up seeing a Big Ben clock nearly everyday, so I guess that is my affinity to them. Every time I see the style of Big Ben that my dad had, it reminds me instantly of him.
Mark S
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03/17/2019 at 6:03 pm #58787
Having fun with the items you scavenge is a big plus. I feel tat way when I find a big stash of D&D books.
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03/17/2019 at 9:25 pm #58805
Jay,
Yes, there is a connection there. I just find those clocks just so darn interesting.
I find that for a lot of the items I have in my store, if I think long enough, the reason becomes clear:
Golf items: I used to Golf a lot.
Shoes: I used to be a track runner and fanatic about shoes.
Stereos: I used to really be into stereo equipment when growing up.
Suits: I spent a lot of time finding just the right suits when I graduated from College.
Sport Equipment: I used to play a lot of sports growing up.
etc. I suppose for some of the items I buy, it was just because it was there at a sale. But I find that there is usually something in my past that draws me to an item. Like at that clock sale, I bought a presto Hot Dog machine because I had one growing up.
Mark
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03/17/2019 at 4:00 pm #58781
Week of 03/10-03/16
Total Items in Store: 2,903 (Up 51% YOY)
Number of Items Listed: 139
Number of Items Sold: 84 (Up 38% YOY)
(Includes 4 Etsy, 0 Bonanza, 0 TrueGether, 8 Poshmark)
Weekly STR: 12% (Down 1% YOY)Total Product Sales: $2,491 (Up 40% YOY)
Sales Volume Variance to Prior Year: Up $669
Sales Price Variance to Prior Year: Up $50
Cost of Items Sold: $579
Cost of Labor: $138
Highest Item Sold: $120 – Chippewa General Utility Copper Caprice Bridgeman Boots
Competition: Highest Priced Sale: Veronica wins the week and Veronica leads for the year 7-4.Clothing
# Listed: 1,750
# Sold: 53
STR: 13%
ASP: $26.15Shoes
# Listed: 587
# Sold: 24
STR: 18%
ASP: $37.79Hard Goods
# Listed: 566
# Sold: 7
STR: 5%
ASP: $28.42EBay
# Listed: 2,903
# Sold: 72
STR: 11%
ASP: $27.34Etsy
# Listed: 221
# Sold: 4
STR: 8%
ASP: $31.09Poshmark
# Listed: 589
# Sold: 8
STR: 6%
ASP: $49.85Good topics this week. Love the FOMO conversation. For me, I like to ride the line…look at others, see what and how they do things, and use that info to set my own goals. Then they are MY goals, and I set myself on the path to achieve them. Jealousy and envy are poisonous, but aspiration and motivation can feed the soul. All in how we react…
Promoted listings…yep, I use them, but I set a flat 5%. I don’t care about the trending rate. If others use that, good for them, but 5% is my limit right now. No more…
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03/17/2019 at 6:08 pm #58788
Your consistent clothing sales are always inspiring. Any issue with keeping the clothing beast fed? I know you probably put time into finding the right brands.
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03/17/2019 at 6:26 pm #58791
Yes and no. We group a lot of our clothing sourcing to 2 days a month. Yesterday we shopped for 10 hours, purchased 196 items, 1 item about every 3 minutes, including travel.
Efficiency is King
Kaizen!
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03/17/2019 at 7:11 pm #58796
Wow. All our scavenging in just two days a month. That is efficient.
Impressive you can find that many high quality of clothes in a relatively short period of time.-
03/17/2019 at 7:30 pm #58797
High quality is relative…
Many times it is bread and butter brands. The Pareto Principle is alive in this area as well.
But small wins add up, while big wins take the week. We all dream of a store of nothing but home runs, but singles are the basis of everything.
My experience in manufacturing has taught me that small wins pay the bills, and homers buy the steak.
Like your thoughts on “passive” income…
Our jobs are to provide value. That is what the money we earn represents…value to the buyer. Sometimes big, sometimes small…but all comes from effort of some sort.
And since we are behind you on the trail, we continue to fund the homers with singles and doubles. It means spending 2 Saturday’s a month in long shopping days, but better than 40 hours a week plus the commute…
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03/17/2019 at 7:33 pm #58799
Absolutely. I’m always impressed with your precision and consistency. It’s rare and refreshing.
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03/18/2019 at 7:34 am #58823
I could absolutely do those numbers when I go to a bigger city to scavenge. Last weekend on an overnight stay I only shopped my 3 typical goodwills. I shopped total time less than 3 hours and I try only buy items that will sell for $50 or better, but make exceptions down into the $30’s if I really really like the item. In that 3 hours I bought 65 items.
I’m only hitting 3 stores with a very quick “low hanging fruit” approach to each. There are dozens of thrift stores in the area I go and I’m only hitting 3. If I spent 2 solid days even just doing low hanging fruit trips for $50+ items I could easily source 200 items. If I removed my Average sales price cap and searched the whole store I could double that easily.
I can’t do that right now because I just don’t have the time to process that amount of inventory.
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03/17/2019 at 4:15 pm #58782
i think i also forgot to mention the Tesla Model Y got announced this week (for those that love Tesla, this was a huge deal), and that is always a FOMO moment for us. i’ve wanted an electric car since the EV1 came out (an almun at my tiny tiny art college helped design it and it was on display on campus when it first came out). some day!!
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03/17/2019 at 5:15 pm #58784
I love how Elon Musk is supposed to be an Uber Genius and CEO of a major corporation…yet is more of a middle schooler…
4 models of cars that he purposely names so that they spell SEXY…
🙂
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03/17/2019 at 5:22 pm #58785
wonder what the truck will be called!
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03/17/2019 at 6:09 pm #58789
I’m going with B, I, or U…
B SEXY
I SEXY
U SEXYThis is all assuming Tesla stays solvent that long. They ain’t doing good as a company…
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03/17/2019 at 6:27 pm #58792
They’re doing great. They sell every car they make. But they do have a cash crunch as they keep expanding as fast as they can. Building new factories, research, etc. Reminds me of Amazon in its first decade when it was investing all its profits in growth.
There hasn’t been a new US car company in a century. Go America 🙂
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03/17/2019 at 6:39 pm #58793
Yes, they sell every car they make, but they also LOSE money on every car they make.
And the car companies, that know how to make cars, are now integrating electronic technology into their cars.
Tesla has lost its competitive advantage. It will be interesting to see how they survive the next 2 to 5 years…
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03/17/2019 at 6:45 pm #58794
Also, remember with Amazon, they don’t make much money in retail. The majority of profit from Amazon is from Amazon Web Services.
When you have a very high margin profit stream, you can survive a low margin retail business. This is why Amazon can afford Whole Foods…they can subsidize changing the model from the cash influx from AWS.
High margin solves a lot of problems…you and Ryanne know that well… 😎
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03/17/2019 at 7:32 pm #58798
Yes, they sell every car they make, but they also LOSE money on every car they make.
I follow Tesla very closely. There’s zero evidence to this statement unless you can provide it. Quarterly statements show good margins on each car sold, but large cash investments expanding their business.
I love mission statement:
“Tesla’s mission is to accelerate the world’s transition to sustainable energy.” https://www.tesla.com/about
It’s the most ambitious and unselfish corporate mission I’ve seen.But I’m not here to argue. Even if Tesla were to fail in the next decade, it’s a huge success if they’ve pushed legacy car companies to finally embrace electric cars in a serious way. So far, none come close to their range. Batteries and the charging network are the key.
My money is that Tesla is going to keep growing. Exciting times in the next five years. We need to move to electric.
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03/18/2019 at 8:16 am #58828
I agree Jay, not going to argue. As you say, what is their profit? Tesla has a net loss every year.
Yes, they have Gross Profit, but they have Net Losses after you add in Operating Expenses and cost of financing.
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03/18/2019 at 8:28 am #58835
Tesla has lost its competitive advantage
how so? they’re the only company selling 100% electric cars with a 200-300 mile range. i’ve been waiting for toyota or honda to compete with Tesla on this level for 10 years and they haven’t. they simply put out concept or compliance cars and call it a day.
a very small comparison to what tesla’s mission states: we built a small fiber network in our county 10 years ago when internet was very hard to get here. it wasn’t so much to create a full municipal broadband provider (it was to connect the towns, hospital and schools initially), but the ultimate goal was to help create competition, which it totally did.
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03/18/2019 at 8:53 am #58838
Mini, Audi, BMW, Kia, Aston Martin, and Porche are all hitting full production of Full EVs this year, and Ford and Volkswagon are coming in the next 2-3 years. Then there are the Tesla-lite companies (Fiskar, Rimac, Byton, Faraday) that are going to pick at the edges too.
Tesla has pretty much owned the cool EV market, and not turned a profit. Now the competition will be hitting them, many from companies that know how to mass produce vehicles for a profit, that will provide a ton of competition.
I’m not knocking the tech of Tesla, just the company. Just like I don’t knock Amazon as a consumer, but I’m not an investor.
Just having the product isn’t enough…you have to know how to run a profitable company as well. Tesla may pull through, but they are going to have a lot rougher water to navigate.
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03/18/2019 at 9:10 am #58841
Bring it on. We want more and more car companies to compete on electric cars. I want an electric truck!
I think you overestimate the competition you listed. Most these companies are making “compliance” electric vehicles. Not mass market: https://www.autoguide.com/auto-news/2014/03/compliance-car.html
But lets go go go!
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03/18/2019 at 11:35 am #58869
if those companies can compete with a 200+ mile range and the price being 30-50k, and they’re available in all of the US, i would buy one (eventually-ish, gotta save some $$), i would LOVE 100% electric Kia Soul! (they make them now at about 100 miles per charge but the 2020 range is supposed to be 243 which is dope)
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This reply was modified 2 years, 5 months ago by
Ryanne.
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This reply was modified 2 years, 5 months ago by
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03/17/2019 at 7:59 pm #58800
I have been trying to find any information on any possible changes in usps business first class shipping removing the 14 to 15.99 ounce parcels. I can’t seem to find anything on ebay or usps.com about any changes and I am still able to print first class 15 oz parcels so now I am worried they are going to get rejected somewhere along the way after hearing your problems printing these type shipping labels.
Have you guys found any official information from either ebay or usps?
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This reply was modified 2 years, 5 months ago by
Mississippi Pickers.
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This reply was modified 2 years, 5 months ago by
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03/17/2019 at 9:20 pm #58804
ok well I finally found something and bare in mind this is a notice from USPS dated January 2019. The commercial parcel price list does still include up to 15.999 in business first class pricing. Here is a link …
https://pe.usps.com/resources/PriceChange/January%202019%20-%20Notice123.pdf
and go to “First-Class Package Service Commercial—Parcels”If anyone has any information on any changes to ebay policy I am VERY interested. It’s frustrating when you just don’t know. I mail quite a bit in the first class 14 to 15.999 range so this will impact my business pretty significantly.
Like a say I am still able to print in this range and it’s got me a little worried about my parcels either getting returned or delivered with postage due.
Any information appreciated
Thanks !
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03/17/2019 at 10:05 pm #58808
Mar 10- Mar 16 2019
Total Items in Store: 3499
Items Sold: 72
Gross Sales: $1052.60
Consignor Commission (COGS): $434.32 (41.26%)
Highest Price Sold: $100 (oak corner cabinet-local pick up)
Average Price Sold: $14.62
Returns: 2
Money Spent on New Inventory This Week: $80
Number of items listed this week: 39Did not hit our new survival goal of $1250 per week, we also have not
listed as much over the past 3 weeks. My goal this week is to list my
piles, and see if the increased listing gets our sales moving. I had no shipping
on Saturday, which has never happened. Not a single sale. I have heard you all talk about this happening, but I guess it was my turn to feel the sting! Lol. -
03/18/2019 at 12:00 am #58816
March 11-March 17, 2019
Total Items in Store: 222
Items Sold: 6
Gross Sales: $150.01
Cost of Items Sold: $10.68
Highest Price Sold: $42.00 (Vintage Jewelry Box)
Avg Price Sold: $25.00
Money Spent on Inventory: $27.26
Number of Items Listed This Week: 38This is the first official post of my numbers, I definitely needed the accountability of actually knowing my numbers. It wasn’t as painful as I thought it would be.
We are on Spring Break this week, which will give me time to get more listings up. I hope to reach 300 listings by the end of the month, or more. But 300 is attainable.
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03/18/2019 at 8:11 am #58827
Glad you posted here. It’s fun for all of us to keep up with how everyone is doing, especially when people know what your goals are. All low stress here.
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03/18/2019 at 10:51 pm #58916
@jay @totommyto @t-Satt Thanks for the welcome. I am challenging myself to be more accountable with my eBay business. There are times when I can get distracted by life, grandkids, you name it! With retirement just over the horizon, I appreciate the potential income that eBay can offer. Hope you all have a great week!
Lisa
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03/18/2019 at 8:19 am #58830
Welcome WayRich!
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03/18/2019 at 11:55 am #58872
WayRich14,
Congrats on getting the numbers up! This week marks one full year for myself in keeping track of numbers in this manner.
Don’t stop.
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03/18/2019 at 8:04 am #58826
Show notes:
1. instagram reality:
It is uncomfortably sad to see a girl taking her selfies for instagram in the real world. It’s like the sadness and loneliness becomes palpable in the vicinity. The way the seek out the perfect background to make their surroundings seem more luxuriuous. The way they smile ridiculously while holding the camera up high, and then immediately the smile is gone while they pore over the photo in frustration realizing it wasn’t “perfect” enough before trying again…and again…and again. If you have seen it you know what I am talking about.2. FOMO/envy
I’m personally and selfishly glad you guys have chosen to avoid turning Scavengerlife into a passive profit center for yourselves. I know You guys would be very successful if you chose to push for that online entrepreneur vibe here and I would be very happy for you, but in the process I would definitely hit the exit door. We’ve walked away from a ton of local friends who became obsessed with MLM programs or trying to build their online personal brand through affiliate links in EVERY facebook post and/or constantly trying to sell themselves or a product. Ugh… it becomes impossible to even have a conversation with these kind of people. It’s kind of hard to put it into words exactly why it bothers me so, but the best I can do is that everything starts to feel superficial.I’m not envious of these entrepreneurial people, I’m not irritated because of “FOMO”. At this stage in my life I just have no desire for superficial relationships and being treated like a potential customer.
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03/18/2019 at 8:22 am #58831
I hear you. “Entrepreneurship” has really gotten a bad image because folks think if you aren’t making a ton of money+ attention + fame, always “hustling”, then you’re a chump. The Multi Level Marketing world has really taken advantage of people just wanting to improve themselves. People abuse their personal relationships trying to get ahead.
Success, money, etc is great. We all just have to do what make sense and lets us sleep at night. Ryanne and I always imagine how what we do now will affect our lives in 20 years. The bigger perspective helps quiet the need for instant ______.
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03/18/2019 at 8:19 am #58829
Items in Store 1030
Items Sold 18
Total Sales $470.00
COGS $37.00
Total Profit $433.00
Average profit $24.06
Average sales price $26.11
New Listings 3Busy week – not a lot of ebay happening. My day job normally is low effort, but this past week I was really working hard. I even had fun some days doing “real” engineering work – lol! I won’t bore you with the details.
Had some beautiful weather this week – so excited for spring! There is a really good disc golf course that was recently installed at our local park that we checked out while walking in the nice weather. Disc golf looks like a lot of fun so I ordered a basic kit on Amazon so we can start playing this spring. I talked to one of the disc golfers and he showed me the disc golf app that uses GPS so you can map your entire round. Technology is amazing! Any disc golfers here?
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03/18/2019 at 8:26 am #58834
Not a disc golfer, but I agree that the weather has been awesome (we’re kind of neighbors). It’d like we have California weather.
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03/18/2019 at 9:31 am #58851
You oughta try it! Looks like you have a handful of courses in your area:
https://www.pdga.com/course-directory?title=&field_course_location_country=US&field_course_location_locality=luray+virginia&field_course_location_postal_code=&=ApplyVery scavenger friendly – it is FREE! The basic disc kit I got on amazon was $40.
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03/18/2019 at 11:14 am #58862
My good friend and also my brother are avid disc-golfers (helps that they are both in the service industry/work evenings/make their own hours and have days free). I’ve played one round with each of them. Really a fun way to get out of the house, move around, and still be competitive. Much lower barrier to entry than golf (which you’ll need to invest in things to get started). But the challenge still remains on how/where they build frolf courses – many parks around me won’t take the valuable real estate from other park activities and/or regular golf courses.
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03/18/2019 at 9:11 am #58842
Loving this week’s topic!
Total Items in Store: 1048
Items Sold: 15
Gross Sales: $382.85
Cost of Items Sold: $36.66
Highest Price Sold: $62.99 (GF Granny Glasses – thanks SL – I once tried to sell these for $10 until I knew what they were from you! (paid $1))
Average Price Sold: $25.52
Returns: 0 (1 Immediate Cancel, Japanese Buyer negotiating shipping after the sale)
Money Spent on New Inventory This Week: $0
Number of items listed this week: 5Have a no-FOMO week!
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03/18/2019 at 9:27 am #58845
Total Items in Store: 282 Ebay, About 35 Mercari
Items Sold: 7 Ebay, 1 Mercari
Gross Sales: $211 Ebay, $15 Mercari
Cost of Items Sold: $33 + $9 shipping included + some items ours
Highest Price Sold: $70 (Midcentury pitcher from my parents’ house)
Avg Price Sold: $30
Money Spent on Inventory: $0
Number of Items Listed This Week: 2Once again, very grateful for the vintage item sales as I am super swamped with contract work and life obligations so can’t get to listing. Made up a bit of ground by almost finishing my COGS bookkeeping this weekend and tidying the garage packing material. It’s looking like my 2018 Ebay profit is a little bit more than the estimated thousands in additional taxes we owe under the new tax law due to the SALT deductions cap, so that’s a bit depressing. I’ve also made the decision to end free shipping except on super lightweight items. Free shipping does add up and I’m not sure one really succeeds in passing that on to the buyer at the end of the day. Finally, I concluded that having less RA items is negatively affecting my sales probably, but right now for us it is good to keep costs down and the retailer is not running sales like they used to anyway. They also stopped putting your COGS on the packing slip and take down their old photos and listing descriptions.
Enjoyed the Podcast. Reno is SO expensive. One the reasons we are feeling so poor is in the aftermath of our kitchen reno. The cost of living is already so high here and reno just really puts the squeeze on. I know the pinch you are feeling R&J will pay off later! We have high maintenance friends in the tech business, while we are those people who just got regular advanced degrees and took a very traditional route. When the crash happened we were grateful for our slow and steady, comparatively frugal, retirement savings tortoise approach. But you have to be happy for the honest ones who simply get lucky or just finessed themselves into the right situation. The only times I feel jealous is when I see the travel photos. I feel like we will definitely regret not traveling more.
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03/18/2019 at 10:14 am #58853
Total Items In Store: 467
Items Sold: 7
Cost of Items Sold: $19
Total Sales: $439
Highest Price Sold: $53 Vietnam era USAF Flight Suit
Average Price Sold: $23.4
# Items Listed: 21
Money Spent on New Inventory: $21Gut Sales Report for the week: Felt really good But stopped by Friday
Scavenge of the week Vintage Rodeo shirt for $3
Update on the millennial’s comment that, “No one buys on Ebay.” Apparently none of them realized that Ebay can match Amazon’s 2 day shipping. My son who was defending Ebay as an option had no idea that you can select a lot of option specifics on the sidebar. So how do we reach these 20 somethings who have written off Ebay?
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This reply was modified 2 years, 5 months ago by
Marie in Florida.
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This reply was modified 2 years, 5 months ago by
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03/18/2019 at 10:37 am #58856
Week of Mar 10 – 16
* Total Items in Store: 1359 eBay, 3 Etsy
* Items Sold: 28 eBay
* Cost of Items Sold: $34.29 + $0 Commission
* Total Sales: $584
* Highest Price Sold: $50 IBM Wheelwriter typewriter (last one of the four I had), also $119 for 6 listings of items in the Mikasa Silk Flowers pattern to one person
* Average Price Sold: $20.85
* Returns: 0
* Money Spent on New Inventory This Week: $4.85
* Number of items listed this week: 39Before I rant and rave about my week, I want to say that I think I figured out why some buyers make an offer and then pay full price a little time later. This happened to me on Saturday. I think that they are trying to see if the seller set an automatic acceptance for a reasonable offer. I never use those settings. The buyer probably wanted it no matter what and didn’t want to wait, so they bought the item five minutes later.
I had an up and down sort of week:
I received a sculpture that was shipped back, and I had to refund over $170.
A different return doesn’t seem to be happening, although it’s small potatoes.
I decided to bid in an online auction with an over 1.5 hour drive to the pickup location (over 3 hours total) because they had some of our dishware pattern. When I got there, I found out that one of the employees had accidentally given the lot to someone else thinking that it went with an item that was sitting on top. The other items I bought were definitely NOT worth the drive. Of course, I was refunded my money (hence my small amount spent on new inventory), but it was a frustrating experience.
I actually had a really good week with a large number of sales. All were $50 and less, but they added up. Saturday was huge with 10 sales, although 6 were to one person. I don’t know why I had such a hopping week while most are saying it was slow, but I get slow weeks all the time when others are doing well.
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03/18/2019 at 10:58 am #58858
BethGreen wrote:
Hi. Just listening to the podcast and got to the part about the eBay Shipping Calculator being off for packages 13oz – 15.999oz. There is a simple work around I use. I’ve been doing this for years because even before the postage increase in January there was a big discrepancy, but now it is super inflated. When I am creating a listing, anything that weighs 13oz – 15.999oz I put in a weight of 13oz. Never more. This gives the customer a more accurate shipping quote. When the item sells and I am on the print labels screen, I change the weight to the actual weight. Reason it works: The most a 15.999oz package going to the furthest zone will ever cost me is $5.53. Putting in 13oz as the weight in the listing, my customer sees a range of $5.71-$6.27. I still come out a little ahead but it’s reasonable. This obviously only works if you have your settings to not pass the eBay discount to your buyers. Hope that helps!
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03/18/2019 at 11:22 am #58865
For us, we use flat rate shipping on anything first class. $5 flat rate across the board. We lose a bit sometimes on heavier (14-15.9 oz) items going a longer distance, but it evens out.
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03/18/2019 at 10:59 am #58859
Week March 10-16, 2019
Total Items in Store: 1018
Items Sold: 15
Cost of Items Sold: $231.33 (35.6% of sales)
Total Sales: $650.06
Highest Price Sold: $135 (1974 Kiss debut record)
Average Price Sold: $43.34
Returns: 0 (1 might be coming through cause I received a nasty-gram from the buyer although all of the flaw of the $12 item were described in the listing)
Money Spent on New Inventory This Week: $0
Number of items listed this week: 0
Promoted listings test: 2 sales, $33.73 (5.2% of total sales), $1.18 fees (3.5% of sales)Pretty average week, which is good and I’m happy about. I’m not pleased with the % COGS this week as several things on sale/clearance went for much less than I anticipated. All in all though, good to get them out of the house because they’ve been listed for years with no movement.
@Jay – you’re high school self cruisin’ around will have to wait until next time as that sealed Def Leppard album I mentioned last week sold for $100. Other big sale was this Beatles Abbey Road master pressing for $90. My three top sales accounted for 50% of my total sales, the other 13 averaged right around $26.On the Promoted Listings front, I totally hear you and have been tracking. As you can see from above, my sales going through promoted listings is way down – usually I’m in the 25%-35% of total sales coming that way but this week was all the way down to only 5.2%. On the bright side, that means that I didn’t pay the extra fees on 94.8% of my sales, but the negative makes me wonder if it’s doing anything any more.
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03/18/2019 at 11:07 am #58861
Funny that Def Leopard is now vintage.
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03/18/2019 at 11:16 am #58864
Yeah, cringe and check the color of my hair when I hear Pearl Jam, Nirvana, Green Day, Soundgarden, etc on the “classic rock” station in NYC right after The Beatles, Led Zeppelin, etc. Awesome that they are being remembered, but seems like only yesterday I heard Smells Like Teen Spirit for the first time (28 years ago!).
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03/18/2019 at 11:25 am #58867
I did an early opt-in on “classic rock”. Back in the early 2000’s I labeled all the music that I listened to from College and earlier as “Classic” in my MP3 library…
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03/18/2019 at 11:50 am #58871
I’ve heard “lovefool” by the Cardigans like 5 times over the past 2 weeks. That, plus a bunch of other late 90s songs in ubers. I also saw an article the other day that Bush are now considered “critically acclaimed artists'” which surprised the heck out of me.
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03/18/2019 at 12:24 pm #58881
Ah, Hair…I miss my hair.
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03/18/2019 at 11:23 am #58866
@Sharyn, I’ve had similar experiences with online auction mishaps, though not with quite that distance of a drive – so sorry to hear that! Once, they were loading up a counter with things I had purchased, and kept shoving stuff up there, pushing off some ceramic items that were just set into a plastic bag. Of course they broke into pieces when they hit the floor. Another time, same place, they didn’t have a faux Xmas tree that was part of a small lot of items, and the primary item I was looking to get in the lot. I was refunded the $1-2 dollar it all cost, but the value wasn’t in the actual cost, and the 1.5 hr RT was a bust. Bleh.
@Retro, I’ve played disc golf before and enjoyed it, though I can’t call myself a disc golfer. I should find some folks around here and get back into it. The entry cost is rather low, and it’s nice to hit the course in the middle of the day! 🙂
Average week with a solid higher dollar sale to sweeten the earnings:
03/10/19 – 03/16/19
Total Items In Store: 1058
Items Sold: 20
Net Sales (Total Sales – Selling Costs): $655.14
Highest Price Sold: $230 – Jack George briefcase
Average Price Sold: $35.52
Cost of Items Sold: $81.49
Returns/Refunds: $0
Money Spent on New Inventory Last Week: $22.24
Number of Items listed this week: ~20The briefcase was one I mentioned a year back, a pricey NWT gamble at a local thrift store, but one I chanced would pay off at some point. Took a best offer. Buyer noted he needed it by Thurs, and I instructed him to select the shipping method that best suited his deadline, etc. Hope it gets to him in time, so that the sale isn’t canceled….
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03/18/2019 at 11:30 am #58868
Good podcast! I know jealousy can be a good motivator sometimes too, but has to be kept in check since in degenerate form it becomes demotivating instead.
Regarding your real estate adventures. If I had multiple investment properties in the same area, I’d be worried about correlated risk. I.e., if one fails (due to either difficulty renting or poor housing prices or both), chances are they all fail. Do you guys worry about that? It’s part of the reason I got out of one of our two rental properties.
One other thing: your forum is a breath of fresh air as far as relative freedom from (a) shilling, (b) politics. Really, it’s incredible because that stuff is constant everywhere else. That being said, you guys do an awful lot for us for free and speaking for myself, I would certainly not mind a LITTLE bit of shilling if it makes you some cash.
This was a solid week for sales, not spectacular but not bad.
Sales: CAD$1102, 9 items, COGS: $134 –> Gross profit: $805
Expenditures: $170 –> Cashflow: $769
Hours: 7, $69/hr after tax
Listed: $845, 5 items
Notable sales: Best was a timer controller for $250 (paid $5). Mostly did OK on volume this week.
Buys: bought a drawer warmer for a restaurant for $50. I regret this buy as it’s absolutely huge but what’s done is done. Hoping for $500 out of it. -
03/18/2019 at 11:59 am #58873
Thanks for the show. I’ll admit I had to rewind and listen to parts a second time as I took a little snooze on the way to my day job while I was listening. (Fortunately I ride a bus to work and dont drive :).
Here are my numbers:
Total Items in Store: 2760
Items Sold: 46
Total Sales: $1278
Cost of Items Sold: $169
Average Price Sold: $27.78
Average Cost of Item: $3.68
Highest Price Item Sold: $119.95 Canon PowerShot SX620 HS
Number of items listed this week: 57
YTD Sales: $9534
YTD sales compared to this time last year: -3%
Average age of items in store (in days since listing): 373
Average number of days between listing and selling this week: 115
Median age of sales (in days, between listing and selling): 28
Sell-through rate (for the week): 1.67%
Hats sold this week: 21 (45% of sales count) – $361.02 (28% of sales value)I had a great week – the best for 5 months. I have to look back to October last year to find a week with higher sales. This was mainly due to selling a bunch of higher-priced items that I’d scavenged recently. (The median selling age above indicates that I sold a lot of recently-listed items.) Apart from the camera mentioned above, I also sold a set of flatware for $100 and a slide rule for $80.
On your podcast topic, I think it’s a fine line between FOMO and jealously. The best example of FOMO that I can think of recently is the craziness around bitcoin towards the end of last year. Everyone was talking about it and people were jumping into due to FOMO. I remember having to tell my daughter to be careful about the hype.
R&J – I hope you have a much better week sales-wise this week!
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03/18/2019 at 12:15 pm #58880
Week March 10-16, 2019
Items in store: 3467 Listings for 5595 Items
Items Sold: 76 Transactions for 81 Items
Gross Sales: $5262
Highest Price Sold: $550, LVC Leather Jacket
Lowest Price Sold: $7.00 (necktie)
Average Price Sold: $64.96
Cost of Goods Sold $310 Plus consignment
Number of items listed this week: 52 Listings for 278 items
$$ spent on new inventory this week $4602
Repeat Customers: 10Amazon
Items Sold 6
Gross Sales $73.36
Cost of Good Sold $3I didn’t list too much this week, was working double on photos to try to get a large stockpile ready for my 4-6 week recovery. Surgery is this Thursday, and I hope to have about 400 items photographed by then. (215 or so done already). We’ll see, I have a huge list of other projects to wrap up as well before I go under.
Sales started to get a little spotty this week, not horrible, but definitely a noticeable difference, especially with the big inventory expenditure and February’s consignment payout went out on the 15th ($3600), which left the week up-side-down.
I use promoted listings as well, on almost everything beyond a certain listing date. Newly listed items don’t get promoted until at least 30 days, sometimes 60 depending on my sales/discount/promotions schedule. I just do a flat 8% across the board. I average about $300/month for ad fees, minus the $55 credit.
First Class shipping….you can also purchase First Class for up to 16oz using Fitshipper, if ebay is not working correctly for you.
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03/18/2019 at 3:20 pm #58900
@SEAM: As another large clothing seller, we felt a slowdown a bit in sales as well. It was a solid week, and way better YOY, but just seemed slower on eBay. Posh and Etsy helped to make up the difference.
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03/18/2019 at 12:28 pm #58882
Great Podcast. Sometimes those thoughts come sneaking in when I am listing a rusty object, especially on the heels of a quiet and no real money made week! Yet this is what I enjoy doing, and when I’m not doing this, THAT’S when I really get the FOMO!
Today marks one full year of numbers keeping SL style. I can now set and attain achievable goals with a foundation of information behind me.
Thank you J&R & all who share here.3/10 – 3/16/19 (Items listed are unique to each platform, no cross listing is done)
eBay store totommyto
Total store items: 598
Number of items sold: 8
Total eBay sales (not counting s/h): $166.00
Cost of items sold: $12
Consignment payouts $10
Highest price sold: $25 – 1980 Green Bay Packers recruiting magazine
Average price sold: $20.75
Returns: 0
Money spent on new inventory: $160
Number of new items listed this week: 19
Sell through rate for the week: 1.4Etsy store oldfleatoymarket
Total store items: 619
Number of items sold: 2
Total Etsy sales ( not counting s/h): $30
Cost of items sold: $2
Consignment payouts: 0
Highest price sold: $20 – 1959 church missal
Average price sold: $15
Returns: $12 partial refund for missing board game pieces that I overlooked
Money spent on new inventory: $55
Number of new items listed this week: 7
Sell through rate for the week: 0.7 -
03/18/2019 at 2:18 pm #58895
That’s Patt Flynn and https://www.smartpassiveincome.com/ lol. Clicked on the chart at the top right of the screen on his site and it says he’s made $2 million in the past 12 months. He’s got a youtube channel and podcast on top of his blog so I’d say he’s probably putting in over 40 hours a week into his business and I have no doubt that he requires a team of people to run everything. He’s also popped up in my facebook feed in facebook ads so the guy is everywhere on the internet. Probably working a lot more than most full time eBay sellers. This is why I’m pursuing financial independence. I’d like to completely own my time eventually and just have enough money to make work optional.
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03/18/2019 at 8:18 pm #58912
Sheez, do I even want to know? Is 2-million is gross, or after all his expenses? As you said, I assume he just be paying people at this point.
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03/18/2019 at 2:21 pm #58896
Sorry, just got to the part of the podcast where you say not to tell you how much he makes haha.
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03/18/2019 at 2:29 pm #58897
I’m not immune to FOMO. By now, he probably makes $500k a month off Bluehost affiliate links. How do people do it.
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03/18/2019 at 2:38 pm #58898
I don’t know how much longer people are going to be getting away with making money on Bluehost links but I’m sure I’d be making some good money on my own blog with little traffic if I just had a page on my blog telling people I’m making thousands of dollars a month blogging and they should start one by clicking my link. I think that’s all it takes.
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03/18/2019 at 2:54 pm #58899
Thanks Jay for posting the tip from BethGreen above. Great idea. I had one item sell in the 14-16 oz range recently and noticed that the buyer was charged too much, but didn’t realize what was going on until hearing the podcast. I don’t suppose there is any way to filter my listings to find all of them that weigh 14-16 oz 🙁
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03/18/2019 at 4:34 pm #58902
From one Floridian to another, welcome WayRich
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03/18/2019 at 5:22 pm #58905
ok so I misunderstood what you guys were saying about the first class, I had to go back and re-listen to that part again, I thought they were showing you the wrong price, not the customer. Doh! Anyway, I got it now.
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03/18/2019 at 6:05 pm #58909
Great episode guys!
Concerning promoted listings, ugh. Now eBay does indeed allow you promote up to 100%. It’s insane. You were talking about high trending rates also. I know of at least one category where it tried to pick 25% for me! I of course said no and didn’t even do it at all.
They used to have it capped at 20% but so many goobers were picking it that they lifted the maximum and raised it up all the way to 100%.
I was talking to a buddy the other day telling him that I’m tempted to do an experiment. To take an item I don’t care much about and promote it at 100%, have buyer pay shipping, and just see if it actually does sell super fast. I hate the whole program now. I think it’s one of the worst mistakes eBay has ever made.
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03/18/2019 at 6:44 pm #58910
Resellrescue,
The mistake isn’t eBay’s. Promoted listings are awesome for them. They just increased the fees they collect by a huge amount. The mistake is being made by the small business owners (us) who jumped on board. I said it at the beginning and I’ll say it now. It is opening Pandora’s box. We can’t ALL be on top. And if you notice, it took less than a year for the “trending rate” to go from a few percent, to 10%, to 16%. If you guys can’t see that this is bad for all of us…that the person who pays the most gets seen…then you’re just not paying attention.-
03/18/2019 at 9:05 pm #58913
Oh I agree with everything you said. I never do trending, and never ever do more than 5%.
I just mean in the long run, I believe it will be looked back on as a huge mistake for eBay to have started it. It is the type of thing that can lead to a path where there is no coming back from. Absolutely opening Pandora’s Box, and I worry it will lead to folks leaving eBay if it keeps up, both sellers and as a result buyers.
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03/18/2019 at 11:03 pm #58920
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03/19/2019 at 10:52 am #58935
I ignore the promoted listing option. eBay gets enough. Having said that when I dig a Van Gogh out of the trash then it’s on like Donkey Kong 😉
Speaking of digging out of the trash. I dug a solid oak door our of the trash last week. Went on Facebook Market place and sold it!
I want to thank you all for “teaching me” to look in trash cans for items to sell. I’m not ready to eat a hamburger from the middle of the road just yet. That’s uber scavenger!
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03/19/2019 at 11:19 am #58937
In Columbus last week we walked past a food container sitting on a window ledge that my kids noticed had cupcakes in it. They were 100% GAME for food scavenging…but me and the wife put the kibosh on that! Definitely not there yet.
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03/19/2019 at 11:30 am #58938
Road food is the most delicious 🙂
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03/19/2019 at 3:02 pm #58943
3/10-3/16
Total Items in Store: 2750
Items Sold: 31
Cost of Items Sold: $35
Total Sales: $1105
Highest Price Sold: $135 (1950s Mens shirt)
Average Price Sold: $35.64
Returns: 3
Money Spent on New Inventory This Week: $68
Number of items listed this week: 50Slower week compared to basically all of 2019. But I have barley been listing for over a month and I figured it would catch up. This week has started very slow as well. Then again, last weekend was St Patrick’s day and we are right in between seasons. I just need to get back to more. List when you’re hot, list when you’re not!
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03/19/2019 at 10:44 pm #58947
My FOMO totally depends on the person / entity I am looking at. Of course, Instagram is the prime spot for FOMO, drama, and hype. I really have to monitor my time there.
In other news:
Sales ebay, 1300 items in store:
$1,233
Items sold: 30
ASP:$41
Sales Merari: $140
Sales Poshmark: $128GRAND TOTAL: $1500
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03/20/2019 at 2:09 pm #58965
Mar 10 – 16
Total Items in Store: 2108
Items Sold: 21
Total Sales : $544
* BELOW yearly average of $910
* BELOW 2018 total week sales of $1005
Highest Price: $50 (WWII Military Army Hat Makeup Powder Compact)
Average Price: $26
Returns: 0
Cost of Goods Sold: $30
Costs of Goods Purchased this Week: $0
Number of New Items Listed this Week: 19Another week of low dollar sales, but this time I had an excuse. I spent 6 days out of town for a wedding down in Florida. So I wasn’t listing a whole lot and my store was on vacation mode with a high handling time. I still made a lot of little sales while I was gone. And I’ve got a lot to pack today. The good news is, I’m feeling better after my sickness and I’m ready to get down to business!
Great podcast this week! It was perfect because I experienced a lot of FOMO over the weekend. Boca Raton is a pretty rich area in FL. Lots of sports cars and gorgeous houses (and beautiful women, but I digress). And I couldn’t help thinking what I was doing wrong that I couldn’t also be living this lifestyle. But then my buddy there told me that a vast majority of those people with the luxurious lifestyles have burnt a lot of bridges, hurt a lot of people and have made their money in unethical ways to get to where they are in life. That made me feel a lot better with my own lifestyle. I sleep well at night and I’m happy.
No scavenge of the week for me. And not for the lack of trying. I hit up a few thrift stores down there and they were just as dismal as the ones up here. Overpriced junk. Thrift stores have really become my least favorite means of sourcing.
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03/20/2019 at 2:13 pm #58966
Look forward to hearing about your full-time scavenging adventures go this Spring. It can be anything you want it to be.
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03/20/2019 at 3:32 pm #58969
Thanks, Jay. I know I had a bit of a mental financial crisis last week, but the discussion we and others had really brought me back to earth. I have a better understanding now about what my livable needs are and how easily that can be achieved. These are exciting time no doubt and I’m so glad to be a part of this community with everyone.
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03/20/2019 at 4:45 pm #58971
Great podcast. New here. Week of 3/11-3/17 numbers:
Items in store: 474
Items sold: 16
Total sales: 860.70
Highest price: 100 (signed book of poems)
Average: 53.79
COGS: 141.00My wife and I are planning on ramping up inventory and making the big move this summer. What is holding us back, the most intimidating roadblock, is the price of health care. Money Mustache advises Catastrophic Coverage, coupled of course with healthy living generally. Our jobs have health care option with 1K deductable. We’re both approaching 50. Doing eBay part time just by myself for the last decade, i’ve averaged about 30K yearly sales. I figure we can make it. Like Jay says, “It can be anything” we want it to be. However, going to healthcare.gov, comparable coverage is over a 1000 apiece per month. What do you guys do for insurance and how much of premiums are easily deducted on taxes? I guess i’m asking what are the various business strategies in dealing with health insurance costs?
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03/21/2019 at 1:47 pm #59022
For us, the most affordable option was through Samaritan Ministries. We have family coverage for both of us and our two sons for $495/mo. And after going through a $40k medical situation for Veronica during the holidays this year, I can attest that it works quite well.
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03/21/2019 at 4:32 pm #59036
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03/21/2019 at 4:46 pm #59043
I thought you could just say you believe in Jesus, but they require a signed statement from a church elder that you go to church 3-4 times a month and are a practicing believer: https://samaritanministries.org/guidelines
K. Have someone to whom you are accountable (pastor, elder, church official, small group leader, accountability partner, etc.) sign a statement confirming that you meet the above requirements. HEB 13:17
Its a noble arrangement where like-minded people come together to help each other without a profit motivation. No reason why a group of atheists couldn’t also do the same thing. But there’s case to be made for changing how society as a whole manages healthcare so everyone gets help regardless of belief.
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03/21/2019 at 4:51 pm #59045
Totally agree Jay. If like-minded folks want to come together, share in costs, and hold each other accountable, I 100% support that notion. In those cases, government need not get involved.
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03/21/2019 at 5:02 pm #59046
The Government is Us, but unfortunately we’re all not like-minded 😉
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03/21/2019 at 5:09 pm #59047
100% Agree!
And I ain’t go no further… 🙂
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03/22/2019 at 4:05 pm #59088
I guess here in Canada we’re all like-minded…LOL
It’s even getting to the point where prescriptions may be free to everyone also (it’s already free for kids under 18, in college, or seniors). I guess we’ll leach off any drug innovations developed in the U.S. from paying customers.
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03/22/2019 at 5:18 pm #59095
In our local corner stores, there’s always a new plastic coin collector with a hand drawn plea for spare change to help with someone’s illness. A child with birth defects, guy injured in car accident, lady who needs a kidney. It’s the craziest thing to see in such a rich country. Im sure we all see the GoFundMe campaigns to raise money to save someone’s life.
Even if you have no insurance, US hospitals must keep you alive, but then can kick you to the curb. The result is that people get sick enough where they’re close to death, but keep coming back because since there’s no option for continuing care to get healthy.
Hospitals subsidize mandatory subsidized care by charging higher costs to everyone else. So all Americans do get healthcare if they’re sick enough, but it’s extremely inefficient and expensive. But at least we dont have socialism 🙂
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03/21/2019 at 4:49 pm #59044
Nope.
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03/20/2019 at 7:39 pm #58972
Mar 10-16 2019
Total items in store: Etsy 403 // Ebay 750 (unique items, not crossposted)
Items Sold: Etsy 12 // Ebay 27
Cost of items Sold: Etsy $31.06 // Ebay $43.10 ((Total COG = $74.16))
Total Sales: Etsy $154.30 // Ebay $310.98 ((Total = $465.28))
Highest Price Sold: $40 Masters of the Universe Orko figure w/ accessories
Average Price Sold: $11.93
Returns: 0
Number of items listed this week: 41 (at $851.51)Spent a couple days dealing with water issues in my house and garage unfortunately. Nothing was damaged thankfully!
Looking forward to the podcast (haven’t listened to it yet) – sounds like it will be an interesting discussion! -
03/21/2019 at 9:51 am #58997
@ericmday – you’re likely eligible for the ACA healthcare credit, which can drastically lower your monthly premiums. It’s based on what you expect to earn per month, a guesstimate, then at tax time, you settle up based on actual earnings. The plans are decent. I rarely see doctors and have used this program for 3 years now, I think. I’ve paid less than $50/month, and have a $100 deductible, and an acceptable oop maximum.
Determining what eligibility you have for the credit is built in to the heathcare.gov application online.
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03/21/2019 at 1:27 pm #59021
@SilverFoxFinds – thanks for the tips. I like the plans, too. Even though being 50 and living in a politically-regressive state may change those numbers, i will look into it. Are you still able to deduct your premiums come tax time?
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03/22/2019 at 5:39 am #59060
Whelp. I made it through day 1. Out of the 4 surgeries I’ve had over the years, this was by far the most painful. I feel much better today already, but that might just be the meds finally catching up to the pain.
I Was able to get about 300-350 items photographed over the last 2 weeks to help myself take it easy for the next month. Soooo many tasks in this biz require lifting or pulling 10 lbs or more. My wife will have to pull the majority of the orders for me for a while. I may even train her a little on shipping while we are at it.
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03/22/2019 at 6:56 am #59063
Glad you are doing good SEAM. Hope the recovery goes quickly!
Yep, having a partner is HUGE.
2 is 1, 1 is None…
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03/23/2019 at 12:01 am #59108
“2 is 1, 1 is None…”
Um. I am one, and am definitely not none. In many cases, 2 is none b/c some people don’t work well together and can’t get anything done.
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03/23/2019 at 12:04 am #59109
True. However normally I am 1.5 to 2, and this week I am 0 for sure.
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03/24/2019 at 4:14 pm #59151
@ Sonia: I may need to explain.
2 is 1, 1 is None is a phrase common in military, survival, and back country circles. It is meant to drive home the need for redundancy in critical areas. So, when I’m hiking, for critical areas, I have more than one item to perform a task. If I need fire, I have a lighter and matches (and in my case, ferro rod as well). For water purification, I have a filter as well as Aqua Mira tabs (and my pot with fire to boil, so again, 3). The main point is that if you only have one way of doing a critical task, and that tool is broken, lost, whatever, now you have no way of doing it. So two ways ensures at least one way, but one way can be zero.
It is not a disparaging term at all, so I hope no one took it that way.
In our business sense, I like having redundancy. For label printing at home, I have no less than three printers to perform the task. We have multiple computers that we can list on. Two are laptops so that if we lose WiFi, we can list somewhere else. Our inventory files are in SixBit and on Google Docs.
And since there are two of us (Veronica and I), we try to crosstrain as much as possible. In fact, Veronica is learning a lot of the numbers that I take care of so that she can keep trucking while I do the Colorado Trail.
So, just always a good way to think about how your business can be broken, and how you cover that risk.
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03/24/2019 at 4:25 pm #59152
@Troy.. Amen. Back-up in as many areas as you can. We have a running inventory of all supplied and keep a min-max. level which we re-order when we hit the min. levels. Two printers all on the wireless network, two computers [a desktop and also a laptop for your same reasons]. Datafiles in WonderLister and also now in SixBit, [yeah I am finally making the switch-what a pain but think SixBit will provide better control on both Ebay and Etsy and Shopify is going to be added in the future so SB will handle all 3], 3 weight scales, back ups to a 4 terrabyte external, the desktop [of course] and to One Drive in the cloud. Photos in 2 spots, an an office supply cabinet of small tools and supplies all with multiple items.
Believe it or not a few weeks back [unsure if I posted about it], but both printers went out at the same time. But it was a network, firmware and connection issue. Took almost 2 days, but work through it all.
So, operationally, I got ‘cha.
Mike at MDC Galleries and Fine Art in Atlanta
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03/24/2019 at 4:41 pm #59154
this is a great explanation. i too love backups. have 4 laser printers and a dymo printer for labels. use my phone as a hot spot if the power or internet is down. when we do video jobs i literally have backups for my backups. people may think i’m paranoid, but they’ve saved us when something crashed.
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03/24/2019 at 4:45 pm #59155
Amen sister!
Backups for the backups…that is how we roll in the Shire! 🙂
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03/24/2019 at 6:20 pm #59159
T-Satt – thanks for clarifying. I wholeheartedly agree on the need to have backup plans. In the case of illness/disability, this can be a partner, a disability insurance policy, saved up money, and/or employees.
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03/22/2019 at 7:42 am #59064
Thanks, Troy
I have some storekeeping I’ve been putting off for quite a while, so this will be the perfect time…once I’m a little less medicated.
One is finally switching and setting up my business policies.
The other is an international shipping issue I’ve discovered with Canada. FYI, I have special Canada rates added to all my listings, but recently realized that if the Canada rate is not first on the list of international shipping options, Canadian buyers can’t see them on the mobile app. They can’t actualy see the options until after they commit to buy. A few buyers have asked about it and I’ve walked them through it. Some have backed out because they weren’t convinced I was telling the truth. But just imagine the scores of buyers who never speak up and just walk away when they only see the overseas rates. Not sure if setting up my business policies will correct this organically, we’ll see…that would be nice.
Wes
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03/22/2019 at 4:11 pm #59090
I assume some of you trash elves watched this guy’s videos on You Tube. I have been watching quite a few of them over the past couple of months. His story showed up on MSN today. You might know him as Curiosity Incorporated. Anyway, it is interesting to see what he and his family are doing with a hoarder’s house that he bought.
https://www.msn.com/en-us/money/realestate/antiques-obsessed-canadian-turns-a-dollar15000-hoarder-house-into-a-dollar400000-profit/ar-BBV4rZZ?ocid=spartandhphttps://www.msn.com/en-us/money/realestate/antiques-obsessed-canadian-turns-a-dollar15000-hoarder-house-into-a-dollar400000-profit/ar-BBV4rZZ?ocid=spartandhphttps://www.msn.com/en-us/money/realestate/antiques-obsessed-canadian-turns-a-dollar15000-hoarder-house-into-a-dollar400000-profit/ar-BBV4rZZ?ocid=spartandhp
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03/22/2019 at 6:26 pm #59098
I’ve been watching that now and again. It is entertaining. It does help that the hoarder was a notable Canadian potter and that he’s found a few of her pieces buried among the newspapers and trash.
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03/22/2019 at 6:19 pm #59096
Spoke too soon. Had some complications this morning and wound up at the ER for a few hours. Ugh.
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03/22/2019 at 7:24 pm #59100
My wife will definitely have to pull the orders since basically every storage bin and rack is over the weight restriction. I’ll go nuts if I don’t stay at least somewhat productive. So I have set myself up for lots of armchair listing for the next couple weeks, followed by some easier items I can do at my standing stations.
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03/24/2019 at 4:05 pm #59149
Sorry to hear that SEAM! Get well, and don’t push it!!!
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