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Welcome back to another episode of the Resellers Mindset Podcast.

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My name is Mike, also known as the used book guy on YouTube,

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along with my friend and fellow full-time reseller, Johnny B.

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We help people start and grow their reselling businesses from the ground up.

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We also have a weekly zoom call and private discord for all YouTube members.

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Head on over to youtube.com backslash use book guy to join the channel and gain

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access to the full length podcast zoom call and private discord today.

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Let's get into this week's episode. What is up everybody?

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Welcome into another episode resellers mindset podcast,

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use book guy Mike here along with Johnny and we've got another John J and J today.

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John Muscarella. Everybody knows him as side hustle experiment, YouTube,

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Instagram, Twitter, all the social media platforms he is on.

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He has moved from bulk books to online arbitrage only.

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So this is going to be very exciting because a lot of people that listen to this

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sell media and somebody that, you know,

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had a warehouse and kind of pivoted out of that, you know, what's it look like?

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So I'm just going to throw it over to John here.

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He's going to introduce himself kind of what he does and then me and Johnny,

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I'll just kind of pick on what's up. John.

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Going on. Thanks for having me guys. Um, it's crazy to be on.

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I've just saw Mike from afar watching his YouTube. I was like, uh,

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this dude's like in one of my thrift stores. Uh, what's this, what's going on?

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Or at the time I was doing bulk, so I wasn't doing anymore, but I was like, oh man,

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it's like,

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I don't really have like a local bookseller that I've ever like knew or

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texted or anything. So, um, but yeah, I've started thrifting books,

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quit my nine to five, gotten to bulk books. Uh,

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I had two storage units upgraded to a 4,500 square foot,

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uh, warehouse, got the forklift, got employees, all that stuff.

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That seemed cool, but it turned out that was a huge headache. Um,

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restock limits happen. Uh,

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I went from a limited storage down to like 20,000 to 10,000

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at one time at 4,000, how to get rid of like 2000 books.

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Then I was like, I guess I have to merge and fulfill, uh,

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did not want to merge and fulfill. So that was kind of it for me.

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And then I kind of got into online arbitrage.

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A lot of people that kind of, everyone seems to start with books.

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So like a lot of people like miles and mourner, um,

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I started what they were doing with OA and kind of was like just talking to

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them. I'm friendly with them and they kind of, you know, learn from them,

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start watching YouTube videos. But then yeah, got to OA, um,

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and yeah, sold over, I think that's like 1.8 million, um,

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on Amazon. And that's like, I would, if it was all OA, it'd be so much higher,

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but it's only like, what, a year and a half OA and then like books.

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It is, uh, it is funny, right? So for those, I mean, me,

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I probably could have went over to John's house and we kind of just would have

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shared one microphone, right? It was right across the river from me. And, uh,

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it, it's weird, right? So he gets out of thrifting thrift stores and starts bulk.

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And then I come in and I'm literally thrifting all of the stores.

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He used to thrift before he got a warehouse.

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It's almost as if like the stars align that's like, Oh, John's out.

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Here comes Mike. It's like, it's so weird. It's so weird to think about. Um,

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but I did, I mean, I don't want to give you credit for my whole business, right?

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But, uh, an interview you did with Roemer, I don't even know.

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It might've been 2020, 2019. And, uh,

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the title was like making money selling books in central Pennsylvania.

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And I'm sitting at CBS. I'm like, wait a, wait a damn minute. What about me?

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Right. So I do give you some credit to kind of inspiring me to,

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to start the book business altogether. But, uh,

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I'm just curious here, like what, so the restock limits hit you.

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Like they always do. Um, I guess I'll kind of start with that.

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Do you think there's going to be restock limits this year?

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A hundred percent. Um, they do it every Q4.

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It's they want fast moving toys and stuff like that. I mean,

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I don't know. I'm no expert. Like no one knows what Amazon's going to do.

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I mean, they came out with the email, I think yesterday or today, um,

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saying that they're not going to raise like the surcharge fees.

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They'll be the same as last year, uh, which is nice. But I mean, yeah,

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I think, yeah, they probably will.

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Um, and that's why it's kind of important like for OA anyway,

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to kind of just be moving volume because you keep your space that way.

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For those that don't know, like as media sellers, uh,

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especially when you have a warehouse, you know, you're carrying 20, 30,

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40, 50,000 units in Amazon at any given time.

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So what happens is when restock limits hit,

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you go from being able to continually send in pallets of books and media to

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being able to send in nothing.

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So he basically reached a point where he said, well, what do I want to do?

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Do I want to have a merchant fulfilled business or do I kind of want to pivot

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here and move to OA and you kind of hit it on the head, right?

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There's a, there's a lot of other people out there. Miles Warner, um, just like,

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give me, give me what was going through your head when you,

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when you started to step away from books.

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Cause I know for a while you were kind of doing both and you got to a point

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where you're like, all right, this is enough.

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Like what was the break at point for you?

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For me, it was really just

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to be honest, I think you have to always like, just pick your heart.

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And for books, I had a good source.

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Um, I think I did a poor job planning the move into bowl where it just seemed

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cool. And like, that, like, for those who don't know, like what everyone looks at,

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like, oh, I am wholesale now.

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Like that was a book seller, like everyone and their brother, like the book sellers

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were like the cool people at Amazon.

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I'm not really like to not say you guys are cool or whatever, but like,

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that's what everyone wanted to do and be in like thrift.

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But now everyone wants to do like, oh, wait a prep or wholesale and prep or all

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this other stuff.

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Um, but yeah, for me, I was just like, you know what?

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Like this is just way too much work.

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And it was really the merchant fulfilling and getting help.

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Like I don't, it's always hard to get help.

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I mean, I was trying to get help in the pantry, but I was like,

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I mean, I was trying to get help in the pandemic.

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I'm paying like someone $15 to scan a book, which is, it just doesn't work like

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that. Like it's ridiculous.

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Like, yeah, everyone should get like a fair wage and all that other stuff.

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But like, they're just like some stuff that just can't pay that much and kind of

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use books is that it's a volume game and you have to get through it quickly.

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And there really is no quick way to get through a gaylord of books.

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I mean, we had a dumper, we had a table, um, and had like a good process going,

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but like, unless you're going like the conveyor belt route, which is going to

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cost you like 40, 50 grand.

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Um, you know, there's only so many ways you can make it quick.

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And that was kind of the thing in my head.

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It was just like, you know what?

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Scaling, oh, you're spending more money.

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Skip to scale book business.

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You could buy two truckloads, but you have to process two truckloads.

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So now that means I need like four or five people for, oh, I, I'm just like

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sitting there, swipe my credit card.

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Like I can buy 10, I can buy 20, I can buy 30.

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And then like, yeah, it's just too much work.

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I was also doing eBay full time.

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So like, it was just way too much.

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I don't even know how I did it at this, like looking back.

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So do you, are you currently a solo op or you have some staff on a smaller scale or?

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I use a prep center.

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Like, I guess I consider that like staff because, you know, they do all the

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prepping and shipping to Amazon.

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And then I have a virtual assistant who sources for me.

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And then another one that kind of helps with content a little bit.

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So nobody you see every day who brings you coffee.

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No, no, no.

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Okay.

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And are you still doing eBay or are you out of eBay entirely?

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Uh, so I'm partnered with this other prep center that will list

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my returns on eBay for me.

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Okay.

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I have like mixed feelings about it.

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It's like going, okay.

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Um, but now that I have more space, I literally just moved into like a

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house from an apartment.

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Uh, I might like kind of take it back.

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It's kind of, it was more of a hassle than anything else.

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So a little eBay, but not really.

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Gotcha.

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I, um, I'm curious here, right?

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Because it's just like all, all the OA people, right?

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They show you your bars on your phone, right?

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Oh, look at these bars.

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Okay.

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Just give me a realistic expectation.

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If somebody starts online arbitrage of like a profit percentage, you know,

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is it between like 10 and 25, like give me kind of the low and then the higher

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end of like what you have seen since you started OA just so people have a real

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expectation because a lot of people get caught up with the sales numbers and

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not the profit numbers.

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So the sales numbers.

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Oh, that is one thing with OA that is really hard, like with books, so easy

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to track, like you go to Goodwill.

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Like, I don't know how you did it, but like with me, I used to do like the soft

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back and then I got to a point where it's like whatever's in the bag, like we

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split it, whatever the cost was.

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And like, that's how we're doing it for OA.

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There's lots of lost inventory, um, stuff that was at the prep center or stuff

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that Amazon loses, like there's just money everywhere.

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Um, so I'd say probably about like 10%, 10 to 15%.

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It really depends if you're smaller, like you could definitely find stuff of like

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30, 40, 50% ROI.

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Um, but it's really hard to do that at scale.

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Uh, you know, doing like 60, $70,000 a month in sales.

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Um, it's hard to try to keep that margin up.

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Um, but it's just, you just gotta, kinda gotta look at it.

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I like to look at it more like almost to like profit.

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It's like, there's some stuff, like I've seen a lot of people, um,

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I'd rather make 20% on something and make $20 than have like something

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40% ROI that I'm making $2 on.

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Like I don't care.

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Like, so I think you just have, it's a constant bounce of that.

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And then it's like returns, like there weren't many returns in books.

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I mean, maybe textbooks returns were a little higher, but yeah.

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So there's just a lot to track and a lot to go on.

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But again, like, yeah, like with anything else, it's just, you got

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to figure out what you want to deal with and kind of go from there.

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So most people in our group, they kind of, they don't traditionally do a,

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there's a, oh, there's a couple of them.

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So what would you say the startup costs for getting into OA and let's just,

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let's keep it nice here in books.

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What would that cost somebody trying to get into that in 2023 numbers to

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clarify for people listening in the future?

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That was the craziest part.

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So that was probably the biggest obstacle for me to wrap my head around.

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I was probably paying like four to $5,000 a month for books, like just

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for inventory and like a helper and stuff like that for, like some days

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that's what I spend in a day.

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Like we're trying to spend like 40, $50,000 a month just on inventory.

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So to get started, everyone says, oh, you started $0.

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I don't really buy into that.

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I would say ideally like two to 3000.

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It's also depends on like how hard you want to make it.

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Like you don't need inventory labs, but like it's a good idea to have that.

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Like what are you going to do list on seller central?

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I mean, I guess you could, but like, I don't even know how to do it anymore.

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But like, so I would say like two to $3,000 and yeah, you just gotta like

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that I would say that five, the more money you have, the better.

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And I'd like to recommend that like, you don't rely on like a credit card

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because like you're for sure losing money on your first like couple of buys

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because like you're just learning.

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It's just how it is.

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It is.

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It is weird to kind of think about, right?

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Like you go from going to your warehouse, like, you know, how six, seven days a

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week to now you can basically the room you're sitting in, right?

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You can get off this call and you can go source products.

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Like has that changed in like your environment?

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Like if you have times where you're like, damn, I wish it like, I could just

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like go sit in the warehouse by myself, like somewhere outside of like your, your

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house to source, like, do you do that?

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Like you go to coffee shops and whatnot, just as like a change of scenery.

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I will like, yeah, sometimes it's like nice.

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So sometimes now it's really nice.

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Cause like I have all this whole like space down here.

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But yeah, I'll go to like Panera where like Barnes and Noble is some coffee

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shops just to like break it up.

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Yeah.

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It's weird, like not leaving the house and like just kind of like sitting

228
00:12:47,120 --> 00:12:48,200
out of a computer all day.

229
00:12:49,560 --> 00:12:55,280
But yeah, sometimes I think I miss eBay a little more than anything else.

230
00:12:55,280 --> 00:12:58,120
Cause we were doing like the rare, like high end books.

231
00:12:58,120 --> 00:13:00,200
Like I started to really get into that.

232
00:13:01,000 --> 00:13:06,280
It was like a love hate because I remember, I think we did like 50 K and

233
00:13:06,280 --> 00:13:08,880
sales in a year and I'm like, Oh, this is amazing.

234
00:13:08,880 --> 00:13:14,080
Like, and now like we do that on Amazon in like a month and you're just like,

235
00:13:14,320 --> 00:13:15,560
wow, I took you a whole year.

236
00:13:15,560 --> 00:13:17,120
Like it's just very different.

237
00:13:17,920 --> 00:13:22,800
Obviously the profit and stuff is much better on eBay on like a 50 K sales.

238
00:13:23,120 --> 00:13:27,720
But yeah, it's just, do you need a prep center for OA?

239
00:13:27,760 --> 00:13:31,400
Like say, like say somebody like myself, you know, and even like yourself, right.

240
00:13:31,400 --> 00:13:33,880
And books, you're kind of doing all the prep work yourself.

241
00:13:33,880 --> 00:13:39,000
Like is it feasible because the big thing right is, oh, way you can travel the world.

242
00:13:39,000 --> 00:13:41,800
You can do what you want and it goes to a prep center.

243
00:13:41,800 --> 00:13:43,400
You don't even touch this stuff, right?

244
00:13:43,400 --> 00:13:46,480
Like, so how feasible is it to like have a prep center?

245
00:13:46,480 --> 00:13:49,880
Do you recommend having a prep center when you start or is there like kind of

246
00:13:49,880 --> 00:13:53,280
like a timeframe where it's like, okay, build your business to this point.

247
00:13:53,280 --> 00:13:54,760
Then you can think about a prep center.

248
00:13:55,400 --> 00:14:01,120
So I think for prep centers, you should know, you should be doing all the prep

249
00:14:01,120 --> 00:14:05,520
yourself at first, just because you have to know how the process works.

250
00:14:05,520 --> 00:14:08,720
Like I thought a big, oh, you sell books.

251
00:14:08,720 --> 00:14:12,600
It's going to be easy to do online arbitrage, but it was an obstacle.

252
00:14:12,600 --> 00:14:16,560
Like it's nowhere like the issues and headaches.

253
00:14:16,560 --> 00:14:18,880
Like it's just like anything else.

254
00:14:18,880 --> 00:14:22,280
Like you have it with books and like, I didn't realize, I thought I was going to

255
00:14:22,280 --> 00:14:24,640
like smooth into it, like no big deal.

256
00:14:25,160 --> 00:14:29,800
But yeah, I mean, I think you should do all the prep yourself and you just kind

257
00:14:29,800 --> 00:14:32,640
of got to look for advantages.

258
00:14:32,640 --> 00:14:37,880
So like for instance, in like Pennsylvania, like you don't pay tax on food, like

259
00:14:37,880 --> 00:14:42,040
grocery store items, like vitamins, some health stuff.

260
00:14:43,080 --> 00:14:47,800
So those are clothing, you know, so those are really good items to go around.

261
00:14:47,800 --> 00:14:52,200
Cause one of the best things about a prep center is in a tax free state.

262
00:14:52,200 --> 00:14:56,720
So you don't pay sales tax or usually that is a good one to go with.

263
00:14:56,720 --> 00:14:59,400
But I mean, you should, I did a ship in myself the other day.

264
00:14:59,400 --> 00:15:03,560
I actually like went really deep into something and was just like, it was a

265
00:15:03,560 --> 00:15:04,600
good opportunity.

266
00:15:04,600 --> 00:15:07,240
So it's like, I'm just going to prep it myself and get it there quicker.

267
00:15:08,240 --> 00:15:11,440
So there's pros and cons, but I definitely think you should start.

268
00:15:12,440 --> 00:15:13,640
When should you get one?

269
00:15:13,640 --> 00:15:16,000
I think it just like depends on your time.

270
00:15:18,000 --> 00:15:24,000
You know, if you, the theory behind it is, you know, if you could spend, if you

271
00:15:24,000 --> 00:15:28,680
spend to your time sourcing, you can make more an hour than you can prepping.

272
00:15:29,680 --> 00:15:36,120
But they'll come a point where you kind of need more time to source potentially.

273
00:15:36,120 --> 00:15:38,200
And that's usually the time to get one.

274
00:15:38,520 --> 00:15:47,080
I feel like probably on a 20, 30 K in sales, maybe start looking for one.

275
00:15:47,280 --> 00:15:51,800
Plus you have to realize that it's like costs, like it's upfront, like obviously

276
00:15:51,800 --> 00:15:55,640
you're not doing the work. I feel like sometimes everyone's like in such a rush.

277
00:15:56,120 --> 00:15:58,160
It's like, Oh, I want to be like, cool.

278
00:15:58,160 --> 00:16:00,560
And, you know, have a, and I did too.

279
00:16:00,560 --> 00:16:03,560
And like, I lost like $5,000 in inventory.

280
00:16:03,560 --> 00:16:06,440
So I didn't know what I was doing when I hired the prep center.

281
00:16:06,760 --> 00:16:10,280
And like, it turns out that like, I was like, yeah, I'm going to do this

282
00:16:10,280 --> 00:16:11,520
book business full time.

283
00:16:11,520 --> 00:16:13,040
Like I need to outsource to prep.

284
00:16:14,040 --> 00:16:18,000
And then like, I had no idea what I was doing with OA and it turns out like the

285
00:16:18,000 --> 00:16:21,000
prep center was bad and like everything got messed up.

286
00:16:21,000 --> 00:16:25,880
Everything got screwed up and like, I wasn't sure if it was normal, like just

287
00:16:25,880 --> 00:16:27,160
all this stuff happened.

288
00:16:27,760 --> 00:16:34,400
So you definitely need to like, there has to be a balance of how much work like

289
00:16:34,400 --> 00:16:39,080
you're willing to do and how much you can outsource.

290
00:16:39,080 --> 00:16:43,240
I feel like, like I'm one to like, I guess, kind of like to work, which is weird.

291
00:16:43,680 --> 00:16:46,840
Um, but yeah, it's just really hard.

292
00:16:46,840 --> 00:16:48,280
I think it just depends on the person.

293
00:16:48,280 --> 00:16:51,720
Now, if you have like a full-time job, I feel like that's a little bit of a

294
00:16:51,720 --> 00:16:55,240
different story, like you're going to have to hustle and like prep, but then

295
00:16:55,240 --> 00:16:59,160
like, it might make sense for you to outsource that sooner than it would for

296
00:16:59,160 --> 00:17:01,000
someone who's like just doing a full time.

297
00:17:02,040 --> 00:17:05,840
So what do you consider to be the biggest problem in OA right now?

298
00:17:07,560 --> 00:17:10,000
Uh, there are a lot of problems right now.

299
00:17:10,080 --> 00:17:12,000
Number one, what's at the top of your list?

300
00:17:12,600 --> 00:17:18,000
Uh, for OA, I think it's getting inventory, like banned from

301
00:17:18,000 --> 00:17:22,320
stores, like I pretty sure I talking to Mike, I just got banned from like one

302
00:17:22,320 --> 00:17:25,200
of the biggest websites I was like ordering a lot of stuff from.

303
00:17:25,600 --> 00:17:30,120
Um, so like you spend a lot of time like learning how to give around stuff.

304
00:17:30,400 --> 00:17:35,960
Um, you know, the sales cycle for that site and all this other stuff.

305
00:17:35,960 --> 00:17:39,560
And then like you're banned and then you're like, damn, like I gotta

306
00:17:39,560 --> 00:17:41,880
do this again at another store.

307
00:17:42,240 --> 00:17:46,520
Um, so I think that's probably like one of the hardest obstacles to overcome,

308
00:17:46,520 --> 00:17:49,640
but there are definitely stores out there that you don't have this

309
00:17:49,640 --> 00:17:51,640
issue with and categories.

310
00:17:51,880 --> 00:17:56,680
Like I used to be really big into apparel and you could get like tons of

311
00:17:56,680 --> 00:18:01,040
apparel like without a lot of issues, but the returns are higher.

312
00:18:01,200 --> 00:18:04,360
So like I, all the time I like go back and forth and maybe I should just

313
00:18:04,360 --> 00:18:05,960
like get back into apparel.

314
00:18:06,320 --> 00:18:09,760
Um, but yeah, I'd say that's probably one of the biggest ones.

315
00:18:10,240 --> 00:18:13,080
Uh, I'm curious here because you've been doing OA for a while now.

316
00:18:13,080 --> 00:18:16,360
Like, uh, there's people that sell like leads, right?

317
00:18:16,360 --> 00:18:21,640
So like you have a list of things and like, uh, I've heard stories of like,

318
00:18:22,080 --> 00:18:26,800
uh, VA's like, uh, Johnny's both your and my VA, right.

319
00:18:26,800 --> 00:18:29,680
And you're kind of like, does that happen often?

320
00:18:29,680 --> 00:18:32,960
Like, I feel like, I just feel like if it's like a bot that's sourced

321
00:18:32,960 --> 00:18:36,240
sourcing these leads, like the bots probably all do the same thing.

322
00:18:36,240 --> 00:18:39,080
So it's like, Oh, you get on this leads list and you think, Oh, you're

323
00:18:39,080 --> 00:18:41,760
going to make this money and that's kind of like the easiest way to do it.

324
00:18:41,760 --> 00:18:44,800
And a lot of people do it, but I do think like, give me some nuances when

325
00:18:44,800 --> 00:18:48,560
it comes to like leads list and VA's like, have you ever had like a VA

326
00:18:48,560 --> 00:18:50,080
that worked for you and somebody else?

327
00:18:50,320 --> 00:18:50,920
I did.

328
00:18:50,920 --> 00:18:52,040
And I had to fire him.

329
00:18:52,080 --> 00:18:56,680
I was in this group called arbitrage ops and they ran like a service that

330
00:18:56,680 --> 00:19:01,680
you could like submit your VA to like, and he started doing like, really

331
00:19:01,680 --> 00:19:06,360
like kind of crappy and like, wasn't doing a good job and I just happened

332
00:19:06,360 --> 00:19:09,960
to like submit it and they're like, Oh yeah, like that guy's worked for like

333
00:19:09,960 --> 00:19:14,080
three people and then, so like I go to hire another one.

334
00:19:14,080 --> 00:19:18,240
And he applies because like, you would see like the history of like the

335
00:19:18,240 --> 00:19:20,840
applicants and I was like, Oh my God.

336
00:19:22,040 --> 00:19:22,600
But yeah.

337
00:19:22,600 --> 00:19:27,200
So I feel like for leads lists, it's like anything else, like that's like

338
00:19:27,200 --> 00:19:32,560
one of the hard parts about it's I like definitely envy you because it's so

339
00:19:32,560 --> 00:19:37,040
much in the terms of like content creation was so easy to make content

340
00:19:37,040 --> 00:19:40,600
about books and like, Oh, I have this big warehouse and there's books

341
00:19:40,600 --> 00:19:47,800
everywhere and like making like 20, $30 a book or sell a book on eBay for $500.

342
00:19:48,280 --> 00:19:50,960
But if we know that like, you can't really share anything.

343
00:19:50,960 --> 00:19:53,400
Like people get real mad.

344
00:19:53,440 --> 00:19:57,920
I'm actually just joined the leads list to kind of like test it out.

345
00:19:59,040 --> 00:20:00,960
It's definitely interesting more.

346
00:20:00,960 --> 00:20:04,760
So a leads list works best when you don't buy anything that's on the

347
00:20:04,760 --> 00:20:10,000
list, you use it to like, be like, Oh, like targets having a sale.

348
00:20:10,000 --> 00:20:13,240
Like they're like, Hey, this water bottles on sale on target.

349
00:20:13,240 --> 00:20:16,360
You're like, Oh, are there any other water bottles on sale?

350
00:20:16,400 --> 00:20:18,800
And that's kind of how like the best way to use it.

351
00:20:19,920 --> 00:20:23,040
Cause a lot of the leads, like people are just going to buy it.

352
00:20:23,200 --> 00:20:27,360
Like they're just going to buy it and then they're going to panic and freak out.

353
00:20:28,880 --> 00:20:33,280
So if you're using the right way, I mean, I guess it, it could be beneficial.

354
00:20:33,600 --> 00:20:35,440
I kind of like to be on the list too.

355
00:20:35,440 --> 00:20:39,560
Cause like, I like to know what's being put on the list to like stay away from

356
00:20:39,560 --> 00:20:40,520
that kind of stuff.

357
00:20:40,960 --> 00:20:45,320
Um, there's definitely some like things where you're just like, wow, like

358
00:20:45,360 --> 00:20:46,520
this is a great lead.

359
00:20:46,520 --> 00:20:53,080
And then it just goes to crap and it's like, Oh, like, yeah, I was on this list

360
00:20:53,080 --> 00:20:53,800
or whatever.

361
00:20:54,040 --> 00:20:59,200
So it kind of can help you like not buy as heavy if you know it's on the list or.

362
00:21:00,120 --> 00:21:00,640
Yeah.

363
00:21:00,680 --> 00:21:06,880
So leads lists, I mean, it's a good way to like get some ideas of different

364
00:21:06,880 --> 00:21:11,200
stores or sources that are probably a little less unknown than others.

365
00:21:11,640 --> 00:21:16,960
Um, but overall, I mean, it just really depends on what you're trying to do.

366
00:21:18,000 --> 00:21:19,840
It's always best to source yourself.

367
00:21:19,840 --> 00:21:21,880
That is like, I guess I'll leave it at that.

368
00:21:21,880 --> 00:21:24,240
Like it's always best for you to figure it out.

369
00:21:24,640 --> 00:21:28,240
Um, but I could understand why people would want to go with the leads list.

370
00:21:29,840 --> 00:21:30,480
Absolutely.

371
00:21:30,480 --> 00:21:33,600
So repeat more people jumping into OA.

372
00:21:33,600 --> 00:21:37,000
Um, I mean, the gateway is a little high for people to start two to three K.

373
00:21:37,200 --> 00:21:40,560
And then some people don't have 2000 and even in their savings account.

374
00:21:40,800 --> 00:21:44,600
So once they get there with more people jumping into OA, where do you see

375
00:21:44,600 --> 00:21:47,960
people like yourself staying ahead of the curve in the OA market?

376
00:21:47,960 --> 00:21:50,280
What, what lay is in the future for you?

377
00:21:51,080 --> 00:21:58,280
So for me, it's really, I think it's really the future is like almost

378
00:21:58,280 --> 00:21:59,680
like keep a product finder.

379
00:21:59,680 --> 00:22:04,000
So a lot of what's going on now, a lot of people are trying to talk about it

380
00:22:04,000 --> 00:22:05,640
and giving away their strategies.

381
00:22:05,920 --> 00:22:10,360
It's a very interesting time in the OAS space as somebody who creates content

382
00:22:10,600 --> 00:22:15,040
and has like kind of sells coaching and like might do some other stuff.

383
00:22:15,280 --> 00:22:20,200
I mean, it almost seems like that's like the move for a lot of people.

384
00:22:20,320 --> 00:22:23,840
And that's why so much stuff is being shared because it's like, you share

385
00:22:23,840 --> 00:22:27,600
this juicy tidbit of like a lead or something.

386
00:22:27,600 --> 00:22:31,480
And I'm like, the idea is like, oh, like they're going to join the discord

387
00:22:31,480 --> 00:22:33,640
or whatever the hell they're doing.

388
00:22:34,040 --> 00:22:38,360
Um, so, I mean, I think there's like that, but I think it comes down to

389
00:22:38,360 --> 00:22:44,680
just like creativity and I think just knowing, um, like, I don't know,

390
00:22:44,680 --> 00:22:46,680
it was kind of like related to.

391
00:22:48,800 --> 00:22:53,040
Like when you guys do books, so like, you just have like time.

392
00:22:53,040 --> 00:22:55,840
So like, you have a lot of experience, you scan a lot of books.

393
00:22:55,840 --> 00:22:57,600
And like, you just know where not to go.

394
00:22:57,760 --> 00:23:01,360
So like if me and Mike went into a thrift store and I'm new, like he's

395
00:23:01,360 --> 00:23:05,200
going to go to a certain spot, I'm not going to really know where to go or what

396
00:23:05,200 --> 00:23:08,560
to do, and I think they're just stuff like that, like you just build on your

397
00:23:08,560 --> 00:23:12,920
experience and just kind of like staying on top of like the curb.

398
00:23:13,560 --> 00:23:17,000
And it's really comes like just listening and being part of the community

399
00:23:17,360 --> 00:23:21,040
because like it's real obvious, like where people are pointing people,

400
00:23:21,040 --> 00:23:23,200
like everyone's pointing people to like apparel.

401
00:23:23,200 --> 00:23:25,800
So like that's like, okay, like everyone's going there.

402
00:23:25,800 --> 00:23:29,640
So like, maybe I shouldn't go there and just knowing what like leads are being

403
00:23:29,640 --> 00:23:34,120
shared, having like an inside ear with like, you're tight with some people,

404
00:23:34,120 --> 00:23:36,800
like what's actually going on in some situations.

405
00:23:37,320 --> 00:23:42,240
Um, but I mean, there's so much opportunity to like, to buy stuff.

406
00:23:42,240 --> 00:23:46,080
I mean, geez, like there's just sales all the time.

407
00:23:46,480 --> 00:23:51,000
And I just think you just have to be like, sound like a little more edge.

408
00:23:51,120 --> 00:23:51,640
I guess.

409
00:23:51,640 --> 00:23:56,560
Like you're just keep learning and kind of, I always like, I still this day,

410
00:23:56,560 --> 00:24:00,160
like by courses, like I remember like signing up for one and someone's like,

411
00:24:00,160 --> 00:24:01,040
what are you doing in here?

412
00:24:01,040 --> 00:24:04,360
It's like, you know, like getting a refresher, like sharpening the edge.

413
00:24:04,360 --> 00:24:05,680
Like, I don't know.

414
00:24:05,680 --> 00:24:10,120
Cause like, you just see like these little tiny tweaks and I think like those

415
00:24:10,120 --> 00:24:14,760
little tiny tweaks when you apply it to what you already know, like instead of

416
00:24:14,760 --> 00:24:18,760
like just getting like so-so results, you get these crazy results.

417
00:24:18,760 --> 00:24:22,880
Cause like, you know, 90% of it, it's just like this little tweak that like

418
00:24:22,880 --> 00:24:24,880
takes it to the whole another level.

419
00:24:25,600 --> 00:24:27,200
It is, uh, it is interesting.

420
00:24:27,200 --> 00:24:30,520
I'm curious, like, cause I feel like if I did OA right.

421
00:24:30,520 --> 00:24:34,560
And I'm like, maybe I find like this hot item or like this hot website, you

422
00:24:34,560 --> 00:24:35,720
know, this kind of one-off thing.

423
00:24:35,720 --> 00:24:39,200
Like, do you have like, you don't gotta tell me who it is, but do you have like

424
00:24:39,200 --> 00:24:43,200
an inner circle of like, maybe like four or five people where like, if you find

425
00:24:43,200 --> 00:24:47,080
something, maybe you're like, Hey, this is a good deal right now on this.

426
00:24:47,080 --> 00:24:50,520
And like, you know, like, Hey, it's Mike, he's not going to tank the list.

427
00:24:50,520 --> 00:24:51,400
And I can give him this lead.

428
00:24:51,400 --> 00:24:54,560
Do you have like a trust in like inside circle where you kind of like share stuff?

429
00:24:55,200 --> 00:24:57,120
I definitely share stuff with some people.

430
00:24:57,120 --> 00:25:00,720
I probably could do a better job, like building that circle.

431
00:25:00,720 --> 00:25:04,240
Um, I definitely have like a couple of people that I'll share with.

432
00:25:04,240 --> 00:25:11,320
Um, it's always hard because it's to be like an influencer or whatever we're

433
00:25:11,320 --> 00:25:14,760
called or whatever, um, you know, you're a big target.

434
00:25:14,760 --> 00:25:19,760
So like anytime, like, you know, you're driving around or like, I don't know

435
00:25:19,760 --> 00:25:23,520
if you guys know, but like, sometimes like people share stuff and I was like,

436
00:25:23,520 --> 00:25:25,440
I know exactly what website that is.

437
00:25:25,680 --> 00:25:28,440
Like they just took like a little picture and it's like, well, I know

438
00:25:28,440 --> 00:25:33,760
like the color of that checkout button or that's the text or like every email

439
00:25:33,760 --> 00:25:37,200
they send out has this, like there's just little stuff like that.

440
00:25:37,440 --> 00:25:41,720
Um, we're like, I think a lot of people get their store like burned.

441
00:25:41,720 --> 00:25:47,240
Um, when they brag, like, oh, I like sold a hundred of these and like go to

442
00:25:47,240 --> 00:25:50,960
Target, you're like, okay, like knowing what I know, you can go to their

443
00:25:50,960 --> 00:25:54,960
store or find it, like everyone uses their Instagram handle, like, well,

444
00:25:54,960 --> 00:25:56,240
I don't know why they do that.

445
00:25:56,560 --> 00:25:57,040
For what?

446
00:25:57,040 --> 00:25:58,240
Like the Amazon seller name?

447
00:25:58,240 --> 00:25:58,560
Yeah.

448
00:25:58,560 --> 00:26:02,880
Their Amazon storefronts, like their Amazon, like their Instagram handle

449
00:26:03,200 --> 00:26:07,000
or like something like in their Instagram name or just like, okay, like

450
00:26:07,000 --> 00:26:08,560
this is definitely this person.

451
00:26:08,560 --> 00:26:13,280
Um, so yeah, I mean, it's always, you gotta constantly be like changing

452
00:26:13,280 --> 00:26:15,200
stuff up, but yeah, it's always good to share.

453
00:26:15,200 --> 00:26:18,040
I mean, I love to share with the community, like even I'm not

454
00:26:18,040 --> 00:26:19,480
getting anything like back for it.

455
00:26:19,480 --> 00:26:22,880
I think it's like, for instance, like there's just so much stuff to buy.

456
00:26:22,880 --> 00:26:28,280
And like, even if I like had infinite capital, like still, I don't know.

457
00:26:28,280 --> 00:26:29,680
There's so much out there to get.

458
00:26:30,320 --> 00:26:34,320
That is, uh, I think there's so many little nuances that go into OA.

459
00:26:34,320 --> 00:26:36,120
It's not just going to the Amazon storefront.

460
00:26:36,120 --> 00:26:38,720
It's not just going to the website and just buying it.

461
00:26:38,720 --> 00:26:41,720
Like you actually have to sit there and like, Oh, you need a reprice or

462
00:26:41,720 --> 00:26:42,840
you need to do this and you need to do that.

463
00:26:42,840 --> 00:26:47,400
So like, I'm curious, like what's your angle for like, uh, like give me your

464
00:26:47,400 --> 00:26:50,840
YouTube, give me your YouTube story, like why you started YouTube and like what

465
00:26:50,840 --> 00:26:53,400
the future is of like your channel, because you're, you just shoot it

466
00:26:53,400 --> 00:26:54,440
straight with OA, right?

467
00:26:54,440 --> 00:26:55,600
You shot it straight with books.

468
00:26:55,600 --> 00:26:58,800
And it's like, there's not many people out there that kind of be like, well,

469
00:26:58,800 --> 00:26:59,760
this is how much I made.

470
00:26:59,760 --> 00:27:01,240
These are the mistakes I made.

471
00:27:01,280 --> 00:27:02,040
Don't do this.

472
00:27:02,040 --> 00:27:02,720
Don't do that.

473
00:27:02,720 --> 00:27:06,160
So like, give me why you started YouTube, where you want to take it.

474
00:27:06,640 --> 00:27:12,240
So I started YouTube really to, so Instagram, I started like to kind of

475
00:27:12,240 --> 00:27:15,160
document the journey, like that whole kind of thing.

476
00:27:15,400 --> 00:27:19,800
I wish I had documented so much more, but I had like a nine to five and

477
00:27:19,800 --> 00:27:22,520
like stuff like that could get dicey.

478
00:27:22,760 --> 00:27:27,360
Like the owner of that company was always kind of like, I don't know,

479
00:27:27,360 --> 00:27:28,600
Hugh definitely pissed.

480
00:27:28,640 --> 00:27:32,600
Like if he like saw that I was doing it on the side, like, I don't know.

481
00:27:32,600 --> 00:27:36,240
I thought that it comes up like questions, like, what are you doing at work?

482
00:27:36,360 --> 00:27:38,400
Like all this like shit comes up.

483
00:27:38,400 --> 00:27:40,560
So I'm just like, I don't want to do that.

484
00:27:40,640 --> 00:27:45,080
And then like, I was just kind of driving and I was like, I wanted to

485
00:27:45,080 --> 00:27:49,640
make content and like Instagram was just like, it was just hard.

486
00:27:49,640 --> 00:27:53,400
Like, I feel like you just had to write a lot and I don't know.

487
00:27:53,400 --> 00:27:56,680
It just wasn't my thing when I first got started and I was actually

488
00:27:56,680 --> 00:28:00,960
listening to a podcast and Russell Brunson, who he's like an internet

489
00:28:00,960 --> 00:28:03,760
marketer, he runs, he owns ClickFunnels.

490
00:28:04,560 --> 00:28:07,760
He was just saying, Oh yeah, like I had no time to make content.

491
00:28:08,040 --> 00:28:14,600
So like on my commute to work, I would just like film and like do the podcast.

492
00:28:14,600 --> 00:28:16,480
Cause I had like a 10 or 20 minute commute.

493
00:28:16,840 --> 00:28:21,320
I was like, Oh, kind of like a 10, I have like a 20 minute commute.

494
00:28:21,320 --> 00:28:26,560
Like if I just go and like film a video driving home, like that would work

495
00:28:26,560 --> 00:28:27,520
because it would be easy.

496
00:28:27,520 --> 00:28:28,640
I just upload it.

497
00:28:28,640 --> 00:28:31,520
As I thought, I didn't realize like you need to make a thumbnail

498
00:28:31,520 --> 00:28:33,040
and like all this other stuff.

499
00:28:34,320 --> 00:28:37,600
But yeah, that's kind of why I started, like just to give back to the community

500
00:28:37,600 --> 00:28:41,840
and just, I don't know, I feel like it's always hard and a lot of people

501
00:28:41,840 --> 00:28:43,680
like help me for free.

502
00:28:43,680 --> 00:28:46,480
And like, I'm like friends with these people now, like we text

503
00:28:46,480 --> 00:28:48,360
regularly and meet up.

504
00:28:48,360 --> 00:28:51,480
So I feel like to give back, help other people.

505
00:28:51,480 --> 00:28:53,200
I mean, I hated my job.

506
00:28:54,040 --> 00:28:56,280
So like, I know there's a lot of other people out there.

507
00:28:56,280 --> 00:28:59,800
So like even, and then like selfishly, it just feels good when someone

508
00:28:59,800 --> 00:29:03,960
like comes up to you and they go, Oh, like I quit my job because of you.

509
00:29:03,960 --> 00:29:10,840
Or, you know, you helped me do this or I made like $2,000 when I implemented this.

510
00:29:11,040 --> 00:29:14,280
So I feel like stuff like that just like really feels good.

511
00:29:14,280 --> 00:29:17,640
And like, it's more rewarding than like orange bars and money.

512
00:29:17,640 --> 00:29:21,640
And I kind of want to put more of a focus on that, that this year, like

513
00:29:21,640 --> 00:29:24,680
it's always hard for me anyway.

514
00:29:24,680 --> 00:29:27,280
Cause like, when you kind of do that, we're like, Oh, I'm going to put more

515
00:29:27,280 --> 00:29:29,360
of a focus on community and helping other people.

516
00:29:29,360 --> 00:29:32,360
People are, Oh, your Amazon business sucks.

517
00:29:32,360 --> 00:29:33,960
Like you're just doing it for months.

518
00:29:33,960 --> 00:29:35,840
Like it's like this whole stigma.

519
00:29:35,840 --> 00:29:38,840
And it's just like, all right, like go watch like the three or

520
00:29:38,840 --> 00:29:40,600
400 videos that are out there.

521
00:29:40,600 --> 00:29:45,560
Like if you still truly feel that, then like whatever that's on you.

522
00:29:45,560 --> 00:29:49,720
I'm like, it is what it is, but yeah, it's always kind of like that.

523
00:29:49,720 --> 00:29:51,280
And it's what I enjoy the most.

524
00:29:51,280 --> 00:29:53,400
Like I would do this like all day.

525
00:29:53,400 --> 00:29:57,000
Like I love selling on Amazon, but doing podcasts, making YouTube

526
00:29:57,000 --> 00:30:00,240
content and just like helping other people.

527
00:30:00,240 --> 00:30:02,880
I mean, I feel like that's just so much more rewarding.

528
00:30:04,240 --> 00:30:08,120
So when you're getting started in your journey, how supportive were your

529
00:30:08,120 --> 00:30:11,880
friends and family before you were a success?

530
00:30:13,080 --> 00:30:13,440
Yeah.

531
00:30:13,440 --> 00:30:15,440
It's funny how that kind of changes.

532
00:30:15,440 --> 00:30:21,800
Like even like now, cause when you post numbers and stuff, people are like,

533
00:30:21,800 --> 00:30:25,800
like, especially if they're not in the space, like they don't know what that

534
00:30:25,800 --> 00:30:29,960
number means or like what is even at the end, like I don't even think my parents

535
00:30:29,960 --> 00:30:32,200
know exactly like how much money I make.

536
00:30:32,200 --> 00:30:33,960
Like there was like, Oh, it's like everything.

537
00:30:33,960 --> 00:30:34,840
Okay.

538
00:30:34,840 --> 00:30:38,040
Like just want to make sure like, are you eating okay?

539
00:30:38,040 --> 00:30:39,440
Do you need money?

540
00:30:39,440 --> 00:30:40,440
Yeah.

541
00:30:40,440 --> 00:30:42,440
Things have never been better.

542
00:30:42,440 --> 00:30:49,000
Um, so yeah, I feel like at first it was, it was always, I didn't really tell anyone.

543
00:30:49,000 --> 00:30:55,240
So the first, so I started flipping furniture locally and feel like sometimes

544
00:30:55,240 --> 00:31:00,280
you just should just like keep some stuff to yourself and like figured out yourself.

545
00:31:00,280 --> 00:31:07,960
Um, because a lot of times I feel like my parents are super supportive, um, of me.

546
00:31:07,960 --> 00:31:09,720
I'm like, I love them and all that stuff.

547
00:31:09,720 --> 00:31:12,120
But I feel like if they're like, what the hell are you doing?

548
00:31:12,120 --> 00:31:17,320
Like bringing like a table and chairs, like what, like, what are you doing with that?

549
00:31:17,320 --> 00:31:23,480
And I think like those like little things, like as dumb as it sounds, like could really

550
00:31:23,480 --> 00:31:26,920
like, like get someone like not to do it.

551
00:31:26,920 --> 00:31:31,560
They're like, Oh, like this thing's, this is dumb or like, uh, like they're probably

552
00:31:31,560 --> 00:31:33,160
right or something like that.

553
00:31:33,160 --> 00:31:39,080
So I think when you start and go out and you're like, yeah, yeah, it's going all right.

554
00:31:39,080 --> 00:31:41,560
I mean like, you know, 500 bucks.

555
00:31:41,560 --> 00:31:42,760
And they're like, Oh, what?

556
00:31:42,760 --> 00:31:48,440
Like, it's like when you have that little proof to kind of like go up and like kind

557
00:31:48,440 --> 00:31:50,440
of combat some of these arguments.

558
00:31:50,440 --> 00:31:52,520
And like my parents are super supportive.

559
00:31:52,520 --> 00:31:54,360
Like my dad was like an entrepreneur.

560
00:31:54,360 --> 00:31:55,800
So like he gets it.

561
00:31:55,800 --> 00:32:00,760
But like, yeah, I think for most people, like family and friends could like almost be their

562
00:32:00,760 --> 00:32:02,600
worst or their best.

563
00:32:02,600 --> 00:32:09,160
Um, like as it got out a little more, like, you know, my like aunt's, her uncle's big,

564
00:32:09,160 --> 00:32:10,680
Oh, like we have this or that.

565
00:32:10,680 --> 00:32:11,960
Like, are you interested?

566
00:32:11,960 --> 00:32:16,520
So like it was good, but like, I think at first, like it's like anything else.

567
00:32:16,520 --> 00:32:21,560
It's like, you think it's dumb until you see like one of your friends doing it and you're

568
00:32:21,560 --> 00:32:24,440
like, Oh damn, like they're actually making money doing that.

569
00:32:24,440 --> 00:32:30,040
Like I thought it was stupid, but I think that it's sad, but I feel like that's just

570
00:32:30,040 --> 00:32:31,080
how it is.

571
00:32:31,080 --> 00:32:36,840
It's the same thing like on social media platforms, like, Oh, you get a certain amount of Instagram

572
00:32:36,840 --> 00:32:37,400
followers.

573
00:32:37,400 --> 00:32:40,280
Like you're over 10 K or you're over a thousand.

574
00:32:40,280 --> 00:32:42,920
You just, it just gets very different.

575
00:32:42,920 --> 00:32:44,200
It's, it's hard to explain.

576
00:32:45,160 --> 00:32:48,920
It's, uh, it is pretty weird when you think about it because like friends, and like you

577
00:32:48,920 --> 00:32:52,760
said, like they could be, how do you have like any family members or like close friends,

578
00:32:52,760 --> 00:32:55,720
like reach out and be like, John, can you teach me how to do what you do?

579
00:32:56,520 --> 00:32:57,560
Yeah, they never do it.

580
00:32:58,200 --> 00:32:58,840
Same with me.

581
00:32:58,840 --> 00:33:04,200
They're like, yeah, you could go to here, like you buy this, you could buy that.

582
00:33:04,200 --> 00:33:09,240
Like you just have to sign up for an account and then they're like, oh, they go back to

583
00:33:09,240 --> 00:33:10,600
do whatever they're doing.

584
00:33:10,600 --> 00:33:13,080
Uh, I think everyone loves the idea.

585
00:33:13,080 --> 00:33:14,200
It's like anything else.

586
00:33:14,200 --> 00:33:21,640
Like everyone loves the idea of like making like passive income and like, yeah, but like

587
00:33:21,640 --> 00:33:24,520
when you like break it down, it is a lot of work.

588
00:33:25,160 --> 00:33:29,720
Um, especially upfront and it takes a certain person.

589
00:33:29,720 --> 00:33:37,400
I think for a lot of people, it's like, if you can't stomach losing like $500, like it's

590
00:33:37,400 --> 00:33:38,600
not going to work for you.

591
00:33:38,600 --> 00:33:46,200
Like it's just not like this is a business where like you like, I consistently lose on

592
00:33:46,200 --> 00:33:51,080
ASINs, but you know, most of the time I win.

593
00:33:51,080 --> 00:33:52,680
So you're always going to be losing.

594
00:33:52,680 --> 00:33:58,200
And I think people just can't feel like if you want to make like quick money, like flip

595
00:33:58,200 --> 00:34:00,200
on Facebook marketplace, like locally.

596
00:34:00,840 --> 00:34:01,240
All right.

597
00:34:01,240 --> 00:34:08,520
I need, uh, something then like, I need a testament from you for all the people out

598
00:34:08,520 --> 00:34:13,960
there that are thrifting media from thrift stores that say, I want to get into buying

599
00:34:13,960 --> 00:34:19,160
gay lords of books and they can just roll them into their storage unit or their warehouse.

600
00:34:19,160 --> 00:34:23,560
And they think that, you know, it's just going to be, it's just going to be magical and they're

601
00:34:23,560 --> 00:34:24,840
going to make millions of dollars.

602
00:34:24,840 --> 00:34:31,320
So I need you to give me like a few paragraph here summary of the actual hard work and all

603
00:34:31,320 --> 00:34:36,120
the overhead and everything that goes into having that bulk business when you had it.

604
00:34:36,120 --> 00:34:39,080
Yeah. So it always seems good on the surface.

605
00:34:39,080 --> 00:34:45,160
Like, oh, if you're going to buy only got 10 cents a book, like, oh, I'm more than like

606
00:34:45,160 --> 00:34:46,120
triple the money.

607
00:34:46,120 --> 00:34:51,400
It's like, yeah, like I would, let's be honest, probably 90% of that is you're going to have

608
00:34:51,400 --> 00:34:54,280
to like donate back or get rid of it somehow.

609
00:34:54,280 --> 00:34:56,120
And like, you're not rolling anything.

610
00:34:56,120 --> 00:34:58,600
Like you need a pallet chat, like for sure.

611
00:34:59,160 --> 00:35:03,720
And you probably need like a plate if you're doing that, a storage unit, because like there's

612
00:35:03,720 --> 00:35:04,600
a lip.

613
00:35:04,600 --> 00:35:09,640
And like, I learned that the first time, like, like, yeah, like, how is this going to work?

614
00:35:10,840 --> 00:35:13,720
So I think like on the surface, it's, it's good.

615
00:35:13,720 --> 00:35:15,000
It's like shiny.

616
00:35:15,000 --> 00:35:20,600
It's like the cool thing to do, but you're going to have to get rid of like 80 to 90%

617
00:35:21,640 --> 00:35:22,760
of what you're getting.

618
00:35:22,760 --> 00:35:25,880
And to get rid of that, oh, everyone loves to read.

619
00:35:25,880 --> 00:35:27,000
Everyone loves books.

620
00:35:27,000 --> 00:35:29,960
Like, well, not everyone could like haul a Gaylord out.

621
00:35:29,960 --> 00:35:35,720
Like, and if you want to box it up, it's going to take like 50 Home Depot boxes to box it

622
00:35:35,720 --> 00:35:35,880
up.

623
00:35:35,880 --> 00:35:37,720
And then like, no one wants to haul that either.

624
00:35:38,360 --> 00:35:41,720
And you're literally taking all the good stuff out.

625
00:35:41,720 --> 00:35:47,320
Kind of obviously like it would books, like some people love romance novels, but like

626
00:35:47,320 --> 00:35:51,640
to find that person, they don't want 20 boxes of them now.

627
00:35:51,640 --> 00:35:56,120
So I feel like there's just so many logistics you have to think about.

628
00:35:56,120 --> 00:36:01,080
Like when I did bulk out of a storage unit, I literally had a moving company, like picking

629
00:36:01,080 --> 00:36:06,600
up the books at the thrift store, rented a pallet jack for the first couple of times,

630
00:36:06,600 --> 00:36:08,920
because like, I didn't know if I wanted to do this.

631
00:36:08,920 --> 00:36:10,360
Didn't really fit in my Jeep.

632
00:36:10,360 --> 00:36:13,560
So like, I would just drive like with the Trump Bundy down.

633
00:36:14,120 --> 00:36:17,720
Then like, you have to pay for the Gaylords and the pallets.

634
00:36:17,720 --> 00:36:19,080
So it's like 15 each.

635
00:36:20,360 --> 00:36:24,280
And like, you eventually like recycle them like in, if you keep buying from someone.

636
00:36:24,280 --> 00:36:29,400
And then you go through all the books and then, yeah, you got to get rid of them.

637
00:36:29,400 --> 00:36:35,000
It's like, you almost have to do it if you're not doing it regularly in like a day or two.

638
00:36:35,560 --> 00:36:41,160
Like when I got my first load, I got like a Penske truck and I got, I had a person help

639
00:36:41,160 --> 00:36:45,480
me, literally got the Penske truck, scanned all everything.

640
00:36:45,880 --> 00:36:49,560
I think we did it that day and we literally did it in the truck.

641
00:36:49,960 --> 00:36:52,760
And there was like so many like bad things.

642
00:36:52,760 --> 00:36:57,320
We're like, all right, because like you don't want to pay for the truck rental twice or

643
00:36:57,320 --> 00:36:59,160
for two days because it's expensive.

644
00:36:59,160 --> 00:37:03,320
It's like, it's at least 250 bucks, I feel like.

645
00:37:03,320 --> 00:37:07,640
So by the time you do that and then, so you have to get the books, go through all the

646
00:37:07,640 --> 00:37:09,720
books and then get rid of the books.

647
00:37:10,120 --> 00:37:14,200
So you don't have to pay for like two days of the truck because like you're paying like

648
00:37:14,200 --> 00:37:16,360
probably 500, 600 for the books.

649
00:37:16,360 --> 00:37:21,080
Like the truck is going to cost you $500 if you have it for like two days.

650
00:37:21,080 --> 00:37:24,680
So like you got to go like super quick donating.

651
00:37:25,080 --> 00:37:26,520
Like it was such a disaster.

652
00:37:26,520 --> 00:37:33,080
Like I went to the Goodwill outlet and like we had it like all boxed up and like it didn't

653
00:37:33,080 --> 00:37:38,120
even occur to me to like see if they would like take them in pallets.

654
00:37:38,120 --> 00:37:40,920
And like I was like, would you ever like take it in pallets?

655
00:37:40,920 --> 00:37:41,800
We're like, yeah.

656
00:37:41,800 --> 00:37:50,280
So like me and this other person, like literally there's probably like two or 300 like medium

657
00:37:50,280 --> 00:37:55,080
home jewelry boxes that we were just like dumping in gay lords.

658
00:37:55,080 --> 00:37:58,840
It took us like an hour or two just to do that.

659
00:37:58,840 --> 00:38:00,920
And like it was so terrible.

660
00:38:00,920 --> 00:38:04,040
But like, yeah, getting rid of the books is probably like the hardest thing.

661
00:38:04,600 --> 00:38:11,160
And I think like anything else, it's just like, like imagine like, I think for people,

662
00:38:11,160 --> 00:38:14,920
it's like, imagine you had to buy the entire, all the books in the thrift store.

663
00:38:14,920 --> 00:38:16,200
Like that's what you're doing.

664
00:38:16,200 --> 00:38:17,720
That's essentially what you're doing.

665
00:38:17,720 --> 00:38:21,880
Like you're better off just like scanning and going to more thrift stores and taking

666
00:38:21,880 --> 00:38:27,400
that on because two, like you don't know, like especially if you're buying from a thrift

667
00:38:27,400 --> 00:38:33,720
store, like you have people like probably like Mike or like just like dumping crap like

668
00:38:33,720 --> 00:38:37,720
at the thrift stores because like he's getting it from the library and he doesn't want to

669
00:38:37,720 --> 00:38:43,080
like, you know, throw them back to the library or, you know, he's dumping it in another city

670
00:38:43,080 --> 00:38:45,400
because like he doesn't want to dump it into his thrift.

671
00:38:45,400 --> 00:38:48,920
Like all that stuff, like he's dumping garbage.

672
00:38:48,920 --> 00:38:50,360
They're putting it on the shelf.

673
00:38:50,360 --> 00:38:51,400
No one's buying it.

674
00:38:51,400 --> 00:38:53,320
And that's going into a Gaylord.

675
00:38:53,320 --> 00:38:55,480
So like, you just never know where it's coming from.

676
00:38:55,480 --> 00:39:02,440
And it's always like, so is a crap sheet, but like both books seems like cool and sexy.

677
00:39:02,440 --> 00:39:05,720
And I always tell people, like, oh, I just want to test one.

678
00:39:05,720 --> 00:39:08,200
I was like, you're going to lose a ton of money.

679
00:39:08,200 --> 00:39:09,640
Like, what are you going to do?

680
00:39:09,640 --> 00:39:10,680
You're going to pick up one.

681
00:39:10,680 --> 00:39:13,960
You're going to run a truck to pay a hundred bucks.

682
00:39:13,960 --> 00:39:17,160
You're going to run a truck to pay a hundred dollars.

683
00:39:17,160 --> 00:39:23,160
Like if someone saw me one, you're like paying like three times the price, most likely of

684
00:39:23,160 --> 00:39:24,200
getting one.

685
00:39:24,200 --> 00:39:31,640
Like you should be paying like five, five to eight cents a pound for per books.

686
00:39:31,640 --> 00:39:34,600
So like probably 60 to 70 bucks a Gaylord.

687
00:39:34,600 --> 00:39:39,480
If you're paying more than that, like that's a bad deal.

688
00:39:39,480 --> 00:39:47,080
Because like, unless there's like a gazillion textbooks in there, like it's just not happening.

689
00:39:47,080 --> 00:39:53,160
So how much has networking transformed your business dealing with people asking questions

690
00:39:53,160 --> 00:39:54,160
and stuff?

691
00:39:54,160 --> 00:39:57,400
Because we've got a lot of people that are background lurkers and we never see them except

692
00:39:57,400 --> 00:39:58,680
every now and then.

693
00:39:58,680 --> 00:40:02,440
But how vital do you think networking is?

694
00:40:02,440 --> 00:40:06,440
I think it's so important.

695
00:40:06,440 --> 00:40:11,160
Just like to be part of the community and just like showing your face.

696
00:40:11,160 --> 00:40:16,440
It's just, I don't know, there's so much opportunity that I've had.

697
00:40:16,440 --> 00:40:22,480
Just it's like one thing where it's kind of sounds so bad, but like I can literally probably

698
00:40:22,480 --> 00:40:26,480
get a hold of anyone and like resell them just because of what I put out.

699
00:40:26,480 --> 00:40:30,360
Like if I have a question or if I want to get into wholesale, I wanted to do something

700
00:40:30,360 --> 00:40:36,000
else, I could probably get like a call with one of the top people like doing that.

701
00:40:36,000 --> 00:40:38,960
And I think it's just like one of those things where it's just like, oh, like you're in the

702
00:40:38,960 --> 00:40:42,120
community, like they're giving back, you're giving back.

703
00:40:42,120 --> 00:40:47,760
And I think when you're willing to give, like people are like really willing to help you.

704
00:40:47,760 --> 00:40:48,760
And it was crazy.

705
00:40:48,760 --> 00:40:51,760
I was at a conference with Jameson.

706
00:40:51,760 --> 00:40:55,280
I don't know if you know Jameson, Philippi.

707
00:40:55,280 --> 00:40:59,200
Some girl like came up to us like, because me and Jameson have like a similar story,

708
00:40:59,200 --> 00:41:02,320
like we were depressed and like went through all that stuff.

709
00:41:02,320 --> 00:41:05,240
And like she was like, you guys have no idea.

710
00:41:05,240 --> 00:41:06,640
Like I never commented.

711
00:41:06,640 --> 00:41:12,640
I don't, never DM'd you guys, but like you guys basically like saved my life.

712
00:41:12,640 --> 00:41:16,680
Like just hearing your story and like how you were able to overcome it and like I'm

713
00:41:16,680 --> 00:41:17,680
about to do seven figures.

714
00:41:17,680 --> 00:41:23,440
And you're just like, damn, like I have no idea who this person was.

715
00:41:23,440 --> 00:41:28,200
Like they've been watching all the YouTube videos and you just never know who's watching.

716
00:41:28,200 --> 00:41:32,120
And I feel like that's kind of like the cool part about it or like going to meetups and

717
00:41:32,120 --> 00:41:34,640
people are like, oh, I watched this video.

718
00:41:34,640 --> 00:41:38,280
I don't know if you guys ever have this where you're like, people like watch it.

719
00:41:38,280 --> 00:41:41,720
Like, it's just like this weird thing where like people are coming up to you and you're

720
00:41:41,720 --> 00:41:45,080
just like, yeah, I guess people like, yeah, it gets views.

721
00:41:45,080 --> 00:41:47,960
So yeah, obviously people are watching it.

722
00:41:47,960 --> 00:41:52,560
So I mean, I think it's always good to like network because like you're going to need

723
00:41:52,560 --> 00:41:54,560
help at some point in the journey.

724
00:41:54,560 --> 00:41:56,800
And people are like super friendly.

725
00:41:56,800 --> 00:42:02,640
Like I have an inbox full of people want to make reels for me or they want me to do Amazon

726
00:42:02,640 --> 00:42:05,240
Automation or all this crap.

727
00:42:05,240 --> 00:42:09,040
Like not a lot of people are asking for like fundamental help.

728
00:42:09,040 --> 00:42:11,920
Like I'm always happy to help.

729
00:42:11,920 --> 00:42:15,120
So I feel like the inbox isn't crowded for like legit people.

730
00:42:15,120 --> 00:42:20,200
I will say like if you're going to reach out to someone, like do some homework, like don't

731
00:42:20,200 --> 00:42:24,960
ask like, hey, like how do I start OED?

732
00:42:24,960 --> 00:42:27,280
There's like probably five different videos like on my YouTube.

733
00:42:27,280 --> 00:42:31,920
Like you just type that in and like side hustle experiment and like go watch that and then

734
00:42:31,920 --> 00:42:35,400
say, hey, I watched the video about this.

735
00:42:35,400 --> 00:42:36,400
Like what do you think about this?

736
00:42:36,400 --> 00:42:40,000
And it's like, okay, like they watch something like, all right, let's talk about it.

737
00:42:40,000 --> 00:42:42,920
I once had someone ask me, I have like a video.

738
00:42:42,920 --> 00:42:46,520
It's like, oh, like 10 great places to buy.

739
00:42:46,520 --> 00:42:48,360
And I was like, oh, like here's the link.

740
00:42:48,360 --> 00:42:49,360
There we go.

741
00:42:49,360 --> 00:42:50,360
What are good places to buy stuff from?

742
00:42:50,360 --> 00:42:51,360
I was like, oh, here's the link.

743
00:42:51,360 --> 00:42:54,360
All right, can you send me the list of the stores?

744
00:42:54,360 --> 00:42:56,360
And I was just like, what?

745
00:42:56,360 --> 00:42:58,680
I was like, what is going on here?

746
00:42:58,680 --> 00:43:01,000
And I was like, I'll stop talking about them.

747
00:43:01,000 --> 00:43:04,560
But all right, I don't need an explanation, but you have to choose.

748
00:43:04,560 --> 00:43:07,040
You can't go wish you watch you 50 50.

749
00:43:07,040 --> 00:43:11,640
What community is better, the book selling or the online arbitrage community?

750
00:43:11,640 --> 00:43:17,280
I have to say, I feel like the people are more friendly.

751
00:43:17,280 --> 00:43:20,040
I mean, the book community is awesome.

752
00:43:20,040 --> 00:43:22,880
And like, obviously I was a big part of it.

753
00:43:22,880 --> 00:43:31,000
And I think there's more, probably more like complaining and more like shaming of like

754
00:43:31,000 --> 00:43:36,960
people, I don't know, not knowing stuff or I'm not really even sure.

755
00:43:36,960 --> 00:43:43,320
Like, I mean, there's like plenty of like bad stuff going on on Twitter with OA and

756
00:43:43,320 --> 00:43:45,280
people like being mean and stuff.

757
00:43:45,280 --> 00:43:50,440
But I feel like sometimes it's, I don't know, it's just, I think the booksellers have like

758
00:43:50,440 --> 00:43:54,760
a lot to complain about because it's a tougher game.

759
00:43:54,760 --> 00:43:56,760
Like it's definitely a tougher game.

760
00:43:56,760 --> 00:44:02,480
And I think people are maybe a little older and crankier.

761
00:44:02,480 --> 00:44:04,320
And I'm probably gonna get killed for this.

762
00:44:04,320 --> 00:44:05,520
But like, whatever.

763
00:44:05,520 --> 00:44:06,520
I do think that's the case.

764
00:44:06,520 --> 00:44:11,160
And there's a lot of people that were like, yeah, like, I just did it by eye.

765
00:44:11,160 --> 00:44:16,400
And now like you could like whiz by them with like, scout IQ or whatever using the scan.

766
00:44:16,400 --> 00:44:20,960
And I think there's definitely like some like resentment there.

767
00:44:20,960 --> 00:44:28,280
And I think like, some reason I feel like there's more people who are like, yeah, there's

768
00:44:28,280 --> 00:44:29,280
no money in books.

769
00:44:29,280 --> 00:44:31,280
Like they're saying that to like key people out.

770
00:44:31,280 --> 00:44:32,280
I don't know.

771
00:44:32,280 --> 00:44:33,280
It's like a weird.

772
00:44:33,280 --> 00:44:39,080
Listen, I never been in the Facebook groups anymore.

773
00:44:39,080 --> 00:44:44,560
So I'm not like, but like, I do remember like, people would be like, oh, like, the old, the

774
00:44:44,560 --> 00:44:47,480
famous one of it, oh, we're gonna get keywords of books.

775
00:44:47,480 --> 00:44:53,680
And these people would get crushed, like 30 or 40 people would be like, you're so dumb,

776
00:44:53,680 --> 00:44:57,160
like, find your own source and all this stuff.

777
00:44:57,160 --> 00:45:00,000
Like, oh, I'll sell you those like 300.

778
00:45:00,000 --> 00:45:04,040
Like, oh, like, damn, like, just scroll by.

779
00:45:04,040 --> 00:45:07,680
I never like, I'm not a part of really any OA communities.

780
00:45:07,680 --> 00:45:12,860
But I can say for a fact that the book, the book community is not as nice as people make

781
00:45:12,860 --> 00:45:13,860
it out the scene.

782
00:45:13,860 --> 00:45:16,640
I think that's kind of why a lot of people gravitate towards me.

783
00:45:16,640 --> 00:45:21,120
Because if you go just post a question and you know, like any of the Facebook groups

784
00:45:21,120 --> 00:45:22,680
for any of the softwares, right.

785
00:45:22,680 --> 00:45:27,000
And even if it's the most noobiest question, should I buy this book?

786
00:45:27,000 --> 00:45:31,080
You don't understand how this what you're looking at is like, it's so toxic.

787
00:45:31,080 --> 00:45:32,080
So I do agree with you there.

788
00:45:32,080 --> 00:45:33,280
I was just curious what your take.

789
00:45:33,280 --> 00:45:36,080
I knew your answer what it was going to be.

790
00:45:36,080 --> 00:45:39,080
But it's also like super apparent to me.

791
00:45:39,080 --> 00:45:42,920
It's like, I don't know how like much you're like on YouTube with OA.

792
00:45:42,920 --> 00:45:45,400
But like, we're always together.

793
00:45:45,400 --> 00:45:49,360
Like me and Michaela, we do a show and like, we always have someone on.

794
00:45:49,360 --> 00:45:56,280
Like I feel like it's crazy to me, like, especially just in the thrifting, like, world of books.

795
00:45:56,280 --> 00:45:59,120
Like you guys, like, you could share everything.

796
00:45:59,120 --> 00:46:04,360
And like, someone in Florida, like Max is not coming to Pennsylvania.

797
00:46:04,360 --> 00:46:06,320
Like to like, look at rare books.

798
00:46:06,320 --> 00:46:10,600
Like, he's like, Mike, you go find them and ship them to Florida.

799
00:46:10,600 --> 00:46:16,280
Like, you guys like have this like amazing thing where you could like share basically

800
00:46:16,280 --> 00:46:19,240
everything and like all win.

801
00:46:19,240 --> 00:46:20,960
Oh, it's a little different.

802
00:46:20,960 --> 00:46:28,400
Like, we share like a lot of information, like actual ASINs are not really but like,

803
00:46:28,400 --> 00:46:32,040
you could literally be like, oh, like buy this first, be on the lookout for this first

804
00:46:32,040 --> 00:46:33,040
edition.

805
00:46:33,040 --> 00:46:35,160
And like that wouldn't hurt them at all.

806
00:46:35,160 --> 00:46:40,320
And it's just crazy to me that like, there's not like that mesh.

807
00:46:40,320 --> 00:46:47,520
So if you could take you now and go back to until year one, you reselling one piece of

808
00:46:47,520 --> 00:46:50,600
advice, what would it be?

809
00:46:50,600 --> 00:46:53,960
Get started sooner.

810
00:46:53,960 --> 00:46:57,640
Like, I feel like it's always like that.

811
00:46:57,640 --> 00:47:01,160
I probably would have went into a much sooner.

812
00:47:01,160 --> 00:47:05,400
I feel like I think it's like who you surround yourself with.

813
00:47:05,400 --> 00:47:10,680
I feel like now when I first started, it was like, do books, like, don't get distracted.

814
00:47:10,680 --> 00:47:13,920
Like it was like, books is amazing.

815
00:47:13,920 --> 00:47:17,760
Retail arbitrage, you're just going to go to Walmart and buy something and it's going

816
00:47:17,760 --> 00:47:19,960
to tank and you're going to lose money.

817
00:47:19,960 --> 00:47:22,680
No one is really talking about online arbitrage.

818
00:47:22,680 --> 00:47:26,800
And wholesale was like for people like, if you crushed your book selling business, like

819
00:47:26,800 --> 00:47:30,360
maybe you could transition to wholesale like five years away.

820
00:47:30,360 --> 00:47:31,840
Now it's like totally different.

821
00:47:31,840 --> 00:47:34,640
But I think yeah, get started sooner.

822
00:47:34,640 --> 00:47:37,760
And just like, I think it's just take action.

823
00:47:37,760 --> 00:47:39,080
Like it's just so sad.

824
00:47:39,080 --> 00:47:41,640
Like I like literally made a YouTube video.

825
00:47:41,640 --> 00:47:46,160
Like someone came here to put together furniture for us and he was like, oh, like we're just

826
00:47:46,160 --> 00:47:49,800
talking and it's like an Uber for like furniture or something.

827
00:47:49,800 --> 00:47:51,600
Like you pick your job or whatever.

828
00:47:51,600 --> 00:47:53,960
And he's like, yeah, I thought about it.

829
00:47:53,960 --> 00:47:56,040
Oh, like, you know, right around the pandemic.

830
00:47:56,040 --> 00:47:59,600
And I was like, dude, like you would have like been retired.

831
00:47:59,600 --> 00:48:04,560
Like if you like sourced the pandemic, like you could literally sell anything at once.

832
00:48:04,560 --> 00:48:07,360
Like Walmart for like triple the price on Amazon.

833
00:48:07,360 --> 00:48:12,400
And it's just like now it's like kids a little harder.

834
00:48:12,400 --> 00:48:17,640
Like, so I feel like you just have to like take action and like no one wants to lose

835
00:48:17,640 --> 00:48:19,560
money, but I don't know.

836
00:48:19,560 --> 00:48:20,560
It's going to happen.

837
00:48:20,560 --> 00:48:21,560
Like just get over that.

838
00:48:21,560 --> 00:48:22,560
Like just do it.

839
00:48:22,560 --> 00:48:25,520
And then to see what happens.

840
00:48:25,520 --> 00:48:31,000
And I feel like you don't have to like go all in, like just try it.

841
00:48:31,000 --> 00:48:34,480
Because like I feel like a lot of times too, it's like a lot of people will be like, yeah,

842
00:48:34,480 --> 00:48:35,480
that would be amazing.

843
00:48:35,480 --> 00:48:36,480
And then they do it.

844
00:48:36,480 --> 00:48:37,480
And it's like not amazing.

845
00:48:37,480 --> 00:48:38,480
It's like, well, you just wasted like two years.

846
00:48:38,480 --> 00:48:45,280
You could have found out two years ago, like this sucks and it's not for you.

847
00:48:45,280 --> 00:48:49,280
So I mean, I think just taking action and like just do it.

848
00:48:49,280 --> 00:48:50,280
Don't tell anyone about it.

849
00:48:50,280 --> 00:48:51,280
Just do it.

850
00:48:51,280 --> 00:48:53,880
And if you lose 500 bucks, like no one else has to know about it.

851
00:48:53,880 --> 00:48:56,360
You lose 500 bucks at the casino real quick.

852
00:48:56,360 --> 00:48:57,360
Only a few spins, right?

853
00:48:57,360 --> 00:48:58,360
You got a high rolled room.

854
00:48:58,360 --> 00:48:59,360
You're done.

855
00:48:59,360 --> 00:49:00,360
You're broke.

856
00:49:00,360 --> 00:49:01,360
You're out the door.

857
00:49:01,360 --> 00:49:02,360
I think we're going to wrap it up here.

858
00:49:02,360 --> 00:49:06,760
But John, where can people find you plug all of your YouTube and Instagram and all that

859
00:49:06,760 --> 00:49:07,760
stuff?

860
00:49:07,760 --> 00:49:13,200
Yeah, you guys can find me on YouTube, Instagram, side hustle experiments.

861
00:49:13,200 --> 00:49:16,400
Just type that in and I'll pop out.

862
00:49:16,400 --> 00:49:17,400
He's an open book.

863
00:49:17,400 --> 00:49:21,120
So like maybe you're selling media now or maybe you're doing RA.

864
00:49:21,120 --> 00:49:22,120
Shoot him a message.

865
00:49:22,120 --> 00:49:23,120
He'll give you a straight up answer.

866
00:49:23,120 --> 00:49:25,420
No, no fluff or none of that kind of BS.

867
00:49:25,420 --> 00:49:28,120
We appreciate you hanging out with us today.

868
00:49:28,120 --> 00:49:29,280
And it was a fun time.

869
00:49:29,280 --> 00:49:34,600
We look forward to the future of you and OA and, you know, building your YouTube out here.

870
00:49:34,600 --> 00:49:36,320
So we appreciate having you on.

871
00:49:36,320 --> 00:49:37,760
Thanks for having me guys.

872
00:49:37,760 --> 00:49:38,760
This is fun.

873
00:49:38,760 --> 00:49:41,200
We'll talk to everybody in next week's episode.

874
00:49:41,200 --> 00:49:44,520
Welcome back to another episode of the resellers mindset podcast.

875
00:49:44,520 --> 00:49:48,280
My name is Mike, also known as a used book guy on YouTube, along with my friend and fellow

876
00:49:48,280 --> 00:49:52,760
full time reseller, Johnny B. We help people start and grow their reselling businesses

877
00:49:52,760 --> 00:49:54,040
from the ground up.

878
00:49:54,040 --> 00:49:57,960
We also have a weekly zoom call and private discord for all YouTube members.

879
00:49:57,960 --> 00:50:02,600
Head on over to youtube.com backslash use book guide to join the channel and gain access

880
00:50:02,600 --> 00:50:06,840
to the full length podcast zoom call and private discord today.

881
00:50:06,840 --> 00:50:28,560
Let's get into this week's episode.

