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06/26/2018 at 5:14 pm in reply to: Scavenger Life Episode 366: How To Run A Small, Local Business #43639
Hi all,
All this talk sbout the Force being strong is hitting home with me. I am on vacation at Disney Hoolywood Studios and just met all of the Star Wars characters!
Mark
06/21/2018 at 8:21 am in reply to: File Exchange v. Wonder Lister/Six Bit/Other eCommerce Management Platform #42991Marjean,
Are they entering item specifics?
Mark
I think this thread has just convinced me to stay away from Poshmark for a while.
Sit there and click on items for no good reason? I don’t want to join a Mary Kay club. I just want to list it and forget it. That doesn’t sound like something I would be interested in right now. 20% fee is too high for all that work.
If ebay goes South, then maybe I might consider. I am exhausted just reading what you have to do.
Mark
Jenn,
I was a David Meece fan back in the day. I think I may have that Candle in the rain cassette somewhere, but I am not sure. I haven’t heard that name in a long time. It brings back memories!
Mark
T-Satt,
Oh, and I do my strategy at the computer operated gaming, not the dealer table.
Mark
T-Satt,
Not inside or outside.
My strategy has to do with the fact that in Vegas (and I think most places in the US) they use the American roulette table. There is a subtle but important distinction between ‘American Roulette’ and ‘European Roulette’.
Mark
Now that I think sbout it, the way I do roulette is a lot like ebay. I buy things for next to nothing with very low risk. No 1 item will make me rich, but if I follow the plan, I can it least make a partial living or full-time living.
You do take a risk selling on ebay, but you do it anyway? Why? Because the risk is so low and you have seen it work time and time again if you follow the plan. That is how it is with me for roulette.
Of course there are the real risk takers on Amazon that Jay talks about. Now that can be high stake risks. I won’t do that either.
Mark
Retro,
Yes, if I were you I would stay away. I am not recommending that people go out and gamble away. I have a very discipled thought out process that works. But that is not enough. You have to stick to the plan. I have found that when I veer from the plan, I lose a little money. Last time I was in Vegas was 2014, that’s why I would like to go back.
My plan is a proven plan but no one is going to get rich. No such thing as fool proof, but mine is close. But only for small amounts of money with low reward. My plan will not work if the plan is not followed. Stay away if you dont have a plan or cant follow a plan with very low risk.
Mark
Jay,
I believe the veros go away after 90 days or so, maybe a year. I called to follow up on a vero and they said they removed it for me. So they do disappear after a set period of tome of 1 year or less. Of course that may vary by violation, seller, etc.
That is what i dont like about their Vero program- very hard to find info and they dont lay it out well on what happens.
Mark
No houses involved here. $20 is my max to lose. My strategy is good, but I don’t take unneeded risks. It is not fun when you lose, so I keep it small and keep winning.
Mark
Jay,
I never lost money when I played last time in Vegas except for a few dollars at the beginning be ause of how my strategy works. I am only talking about $20 or so to start. I came out with a little over $100 in the plus. So, not big winnings but never lost money. And after my first win, I was always in the black.
Mark
T-Satt,
Wish I were in Vegas. I learned how to win at roulette last time I was there. Can’t wait to get back. I don’t win a lot of money, but just enough to have fun and get some spending money
Mark
6/10/18 – 6/16/18
Items In Store: 2,014
Items Sold: 20
Cost of Items Sold: $80 (around)
Total Sales: $885
HIghest Price Sold: $135 (Set of golf clubs)
Returns: 1
Money spent on new inventory: $21I was bracing myself for a slow week, but that didn’t happen. Hoping the momentum carries into this next week.
Mark
Sonia,
Thanks for the information. I was just in the process of getting a pair of Red Wings ready to get listed and now I have a lot more information to add to the listing.
Mark
Hi Indythrifter,
” I’m struggling a bit learning to spot things that would flip for a profit but I’m hoping that will come with time trial and error.”
Unfortunately, we must all go through this period of learning. It never really ends, but it does get easier.
I think there is a hard way and a better way.
The hard way -just buy a bunch of stuff and don’t list it, just keep buying items without looking
them up and researching them. This is how I started out and it was not good. I wasted a lot of
money, space, and time try to get rid of them.The better way – Look up everything you are not sure about before you buy it. You may want to set
a threshold like I will spend up to $1 without looking it up so that you save some time. But start
listing the items right away so you can see how they sell.After doing this for nearly 5 years, it is really a lot of fun now. You just walk into the sales and you instantly know what to buy and for how much. Of course there are always items you have never seen before and you have to take a chance or look it up. And then there are those sales where the whole sale are things you have never seen before – then it really gets overwhelming.
Mark
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