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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 a used book guy on YouTube, along with my friend

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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 guide 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.

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What is up everybody?

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Welcome into another episode of resellers mindset podcast.

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Mike next to Johnny, as always over on the YouTube or wherever

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you listen to this podcast, today's topic is a kind of interesting one.

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Are new resellers doomed?

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And yes, podcast is over.

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Yes.

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Thank you for this one.

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We ever did.

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There we go.

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It's a wrap.

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We appreciate you all, but there is two sides to this coin because

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nowadays there's more information about reselling than there's ever been.

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But the problem that comes with all the information is just because

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it's information doesn't mean it's correct information.

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And I do believe as somebody that, you know, has had a YouTube channel

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for a few years that resellers, a lot of resellers paint a picture of reselling

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that is really not, it's not real.

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It's fake, right?

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It's like, you never see the kind of behind the scenes and nitty gritty.

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It's usually just, Hey, I sold this, you know, I sold this item for a thousand dollars.

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Right?

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Like it's like, because that's how you get views on YouTube, but unfortunately

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a lot of resellers, that's how they start reselling social media YouTube.

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So you get into it thinking, Hey, I can go find a lamp that's going on that.

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I'm going to sell for a thousand dollars that I'm going to pay for three dollars.

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And then you get out there and you're like, this doesn't exist.

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What kind of witchcraft was this person doing?

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Like it paints a weird picture.

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I don't know.

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I'm curious what your thoughts are on this.

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Um, as far as the informational side of it goes, yeah, it's plentiful.

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There's a lot of groups out there, including this one.

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Um, you can get fast track by doing that, but however, I don't think it, as it once

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was on any platform you go to minus the new ones, cause they're new looking at you,

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whatnot, and looking at you, uh, McCarrey.

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Don't count those guys.

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Uh, but for your Amazon, your eBay players, uh, the, the game has changed

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quite a bit in my opinion.

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Um, you gotta work a lot harder.

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The days of slinging anything and everything up in either platform, I think are.

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Almost the door shut on that.

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You gotta be a little bit more particular and know what you're doing.

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Um, and what I mean by that ultimately is you gotta know your numbers.

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Uh, once upon a time, I don't think you needed to know your numbers as much.

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And you could just make money today.

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I think you need to make money because the marketplace, uh, on the traffic

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that's steered the requirement, the gateway to entry, even on Amazon's

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gotten a little bit more higher.

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Getting the buy box takes forever these days.

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Um, being ungated and everything, that's not the thing anymore.

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So you gotta pay up a bit.

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Uh, and there's a lot of other little, uh, nuances to this on eBay.

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You gotta sell a desirable item.

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You can't just sell whatever's in your pocket, including the lint these days.

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Um, you gotta figure out what sells.

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So you got to do some research to me.

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I think reselling as a whole.

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Well, here's the key word.

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It's going to be a lot of work.

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And I don't think a lot of people are cut out to do a lot of work.

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I think about this.

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My I'm happy with a $20 average sales price right on Amazon.

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Like I basically, if I can average $20 per sale, I take like 10, 50, $11.

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Um, on average of the $20 that is profit before overhead costs, right?

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Buy costs, all of that stuff.

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And to some people like that's, I mean, it's really, it's not exciting, right?

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I mean, there's really no YouTube videos out there where the most expensive

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thing they sold was a $20 item.

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And if there is, they probably have little to no subscribers reviews

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because that isn't the appeal of reselling.

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It's like, it's the huge items.

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And, you know, I remember, uh, at the beginning of this year, I asked

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everybody in the group, Hey, what's, what do you think my highest priced item was?

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And people are like $500, $1,000.

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It was only like 160, $170 item.

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And I think that through a lot of people for a loop, like, wait a minute, this

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isn't just selling all this high expensive type stuff with media.

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It's just bread and butter items.

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You continue to turn, you have to buy lots of it.

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And I do think I wished there was this, I got, I got an idea, right?

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You get a little badge on YouTube that says like reseller rarefied, right?

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And they verify your business that you're actually making money.

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And like, I don't know, maybe that's the stuff they only promote to like newer

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people, because there's a lot of bad business that goes on out there in the

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reselling world and you kind of, you know, you say court like groups, not courses.

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Although courses are kind of the same thing.

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They get a lot of bad reviews.

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But all the courses are kind of the same thing.

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They can fast track you.

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But with Amazon, dude, the problem is with new people, it's copy paste.

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It's just copy paste, right?

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Cause the software is just numbers.

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You just plug it in numbers and software for Amazon and for the most part, right?

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And then you just use your software to source items, whether that's online,

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whether that's in thrift stores.

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So with Amazon, it's just a bunch of people that just copy and paste the

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same thing, the same thing, the same thing as new sellers.

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And that's probably the reason why most new sellers don't last on Amazon,

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because you just copy and paste somebody else's business when we all know

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everybody's reselling business is different.

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I mean, starting from the ground up on Amazon, it was a lot of boxes I sent in

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before I started seeing some real coin out of that.

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It was a while, a while for me.

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I mean, it was only like three months, right?

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But it was three months of eight, 10, 12 hour days of just shipping,

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shipping, shipping, shipping, shipping.

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I already had the material.

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If I had to go out and get that material or that had material come in, it would

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have taken twice as long.

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So we're looking at about six months here, probably.

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And then there would be hurdles to figure out where do I put all this

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stuff while I'm processing it.

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I got to check for condition as well.

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So you got some processing there.

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You got to decide what do I do with the junk?

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I had solutions to all of these.

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That's why it only took me three months because I was ready to go.

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I played the Amazon game a year before, so I already had the knowledge set to do it.

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I mean, there were some differences as far as fees and the inventory restock

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limits because that had changed as well.

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But if I wouldn't have had that and I would have had to start from literal

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scratch and I wouldn't have the knowledge, it would probably take them six months.

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And I'd be wondering the whole time, am I wasting my time?

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Am I?

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Question mark.

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I mean, and that's the short end of the stick.

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The amount of inventory you sent in since the beginning of this year is like, it's

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insane.

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I mean, it's what was required from you when you got the job done.

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But I'm here to tell you 99.9% of people that were in your shoes would have been

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like, nah, this ain't worth it.

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They would have called it quits after the first month because you ain't even

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getting paid in the first month.

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Even if you're sending eight boxes a day.

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Yeah.

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I mean, here I'll be a little bit more transparent than I normally am because

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let's see.

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So first month was September money made $172.

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Woohoo baby.

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172 baby.

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There we go.

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Uh, October, $1,900.

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All right.

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And I were getting there November, 3,900 December, 7,900.

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I made some changes between December and January.

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So again, 7,900 there following month, 10 K 10.3.

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But it took that amount of time and waiting to actually spiral up.

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And I had an employee and I have overhead.

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Yeah.

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Yeah.

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That's it.

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Took that amount of work, I think is the big thing here.

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And you know, like you said, you already have the inventory.

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So the time it would take me to source, you know, you could, you're at like,

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what, 10,000 almost or over 10,000 on Amazon.

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Yeah.

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We're about to hit 11 K and I took, well, we had some travel and some other

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projects too, so I only did two weeks of work as far as Amazon's concern and

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shipments.

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So I expect to be even a little under February, but in May here, it should be

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well over what we made in February.

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Just for reference, I just broke the 2000 mark on Amazon cherry picking.

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Like I could never, it would be impossible for me to have the numbers that he has

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cherry picking.

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I just don't have enough sources and enough time in my life basically is what

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it comes down to, but that's kind of why we work well together because two

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different completely business models.

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Basically we can sell on the same platform.

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We can get the same results.

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It's just two different ways to do it.

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But I do think if we carry over the copy and paste to eBay, I think it has become

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a little bit more prevalent, right?

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Like, you know, the big group out there, you got a tech and sports group.

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You got Chris's group.

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It's, it's the processes and the self accountability.

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But even when we talked to Mel and we had Mel in the podcast, she said she's

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created so much of her own competition in Australia because she was given out

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exactly how to do it.

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So she has to think to herself, okay, well, where do I draw the line and what

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information I'm putting out there?

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And that's a 100% valid argument, right?

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If I, all of a sudden I have tons of media, you know, resellers in central

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Pennsylvania and they're getting all their information from me, it's like, I'm

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almost destroying my own business in a sense.

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And I do think that copy paste has, has grown on eBay as well.

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People say, whoa, no, Mel's selling books.

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I want to sell books.

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Tech sells clothing.

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I'm going to sell the same brands as tech does.

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Tech, give me your brains and Mel, what books sell well?

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And then all of a sudden it just, it destroys everything.

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No, and I learned a lot from Mel.

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She was there when I started.

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And then when I started to do books, I went looking for people who were selling

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books on eBay and she was the one I learned a lot of information from.

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And then I learned very quickly her business model and my business model.

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They don't jive.

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It works for her.

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It does not work for me.

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And I tried the lots.

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I tried the bundles and all of that.

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I tried the coffee table books, didn't translate over here in the U S for my

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store and then I found my personal identity in the paperback books.

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And we were talking about this on the, on the media call and text group, just

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the other, just this week, don't copy anybody, find, find your thing and be

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original in your thing.

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Now, as far as the basics go, the basics don't change.

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Those apply to everybody.

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Like how do you make an eBay account?

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Do how do you set up direct payments?

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How many photos should you do?

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Um, and even photos, you can have your own identity there.

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I do like 10 to 14, depending what it is.

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And if it's special, something I'll do the full Monte of the 24 that it allows us

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to, um, but how you take the photos, you can copy somebody like, no, everybody

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has access to my story.

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You can copy the way I do it, but I recommend you find your own little flair.

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And it's funny cause, um, tech mentions, uh, about an off white gray kind of

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background and how many photos are off gray white now because of that gentleman.

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Um, and I used a gray carpet early on.

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If you look at some of my older listings that are still up, you'll see that gray

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carpet cause I, okay, the man said it.

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I'm going to do it.

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Here we go.

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The problem is Johnny, I'm going to ask, Oh, I am a new reseller.

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I'm going to start selling used clothes as of today.

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I'm going to message tech.

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I'm like, yo tech, give me a list of brands to look out for.

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I'm going to go to the flea markets like he does.

239
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And I guarantee you, I'm made, I'll maybe find five, 10 pieces and I'll

240
00:11:46,560 --> 00:11:48,080
probably be there for 10 hours.

241
00:11:48,520 --> 00:11:48,640
Yeah.

242
00:11:48,640 --> 00:11:53,480
I don't think people, especially new people realize the experience and knowledge

243
00:11:53,480 --> 00:11:56,280
base you build over time is how you win in this game.

244
00:11:56,280 --> 00:11:59,320
It's not saying, okay, well I'm going to look for.

245
00:11:59,720 --> 00:12:04,000
Hello, you know, Lululemon and just have this list of brands.

246
00:12:04,000 --> 00:12:05,040
And that's what works for you.

247
00:12:05,040 --> 00:12:06,160
No, there's styles.

248
00:12:06,160 --> 00:12:07,240
No, there's trends.

249
00:12:07,440 --> 00:12:10,880
There's this is that, and no matter what category this is, and I'm saying

250
00:12:10,880 --> 00:12:15,520
clothing, same with sneakers, same with books, same with music, same with DVDs.

251
00:12:15,520 --> 00:12:19,080
There's trends, there's understanding brands, publishers, right?

252
00:12:19,080 --> 00:12:22,040
I still don't know nowhere close as much as I should about books.

253
00:12:22,040 --> 00:12:23,360
I'll be straight up.

254
00:12:23,360 --> 00:12:27,440
I'm more interested in knowing publishers of DVDs and CDs than I am books.

255
00:12:27,440 --> 00:12:27,760
Right?

256
00:12:28,000 --> 00:12:31,640
So yet again, it's one of those things where what interests you, what kind

257
00:12:31,640 --> 00:12:35,320
of drives you, what kind of sparks your mind to think a little bit and make a

258
00:12:35,320 --> 00:12:39,520
mental note, like, Hey, I know, you know, legacy publishing or this small

259
00:12:39,520 --> 00:12:41,360
publishing house is going to be profitable.

260
00:12:42,280 --> 00:12:45,640
Now switching, switching over to Amazon here.

261
00:12:45,640 --> 00:12:49,160
I mean, I'm going to have to, cause I already see it in the market.

262
00:12:49,160 --> 00:12:52,040
I'm going to have to go beyond books to play the Amazon game.

263
00:12:52,360 --> 00:12:56,320
I am going to get into this media and I'm probably going to try some vinyl

264
00:12:56,320 --> 00:12:57,920
and cassettes out to see how that does.

265
00:12:57,920 --> 00:13:00,040
I know you've had success with cassettes as well.

266
00:13:00,240 --> 00:13:04,160
I'm assuming some things will be in vinyl, but that's a double edge sort.

267
00:13:04,160 --> 00:13:07,680
Cause now I'll have more stuff that I wouldn't be able to send in.

268
00:13:07,720 --> 00:13:08,840
Cause I do a bulk model.

269
00:13:09,160 --> 00:13:13,000
So I'm going to have to transform my bookstore to a media store is

270
00:13:13,000 --> 00:13:14,080
what's going to have to happen.

271
00:13:15,760 --> 00:13:18,200
And that's going to be an interesting thing that I'll have to learn.

272
00:13:18,200 --> 00:13:22,920
Now I know some things just be being in the game a while about CDs and DVDs

273
00:13:22,920 --> 00:13:26,440
and cassettes and vinyl and all that, but I'm not a master at it.

274
00:13:26,560 --> 00:13:30,720
I consider myself a somewhat knowledgeable in books, but even in books,

275
00:13:30,720 --> 00:13:34,200
I don't consider myself a master quote unquote, that just requires time.

276
00:13:34,200 --> 00:13:35,360
Just like in all of these things.

277
00:13:35,720 --> 00:13:39,960
So I'll be expanding my repertoire to continue to do bulk in Amazon.

278
00:13:40,240 --> 00:13:43,600
Cause if I just stuck to books, I don't know how long that would be viable.

279
00:13:43,600 --> 00:13:47,200
In the current fee increases we're seeing year over year.

280
00:13:47,440 --> 00:13:53,560
So I have to have more categories of things to send in in order to continue

281
00:13:53,560 --> 00:13:58,880
to do bulk or else I'll, I will be annoyed in three or four years where

282
00:13:58,880 --> 00:14:02,440
I can only send in a box a week instead of what I'm doing today, which is

283
00:14:02,440 --> 00:14:03,600
like four boxes a day.

284
00:14:03,600 --> 00:14:06,800
I want to continue to do that for the foreseeable future as long

285
00:14:06,800 --> 00:14:08,360
as Amazon allows me to.

286
00:14:09,320 --> 00:14:10,560
I want to make one thing clear.

287
00:14:10,560 --> 00:14:15,120
I don't expect a new seller to know everything today or to like jump in

288
00:14:15,120 --> 00:14:18,440
and be like the most super serious person.

289
00:14:18,440 --> 00:14:21,240
Like I think starting out, it's good to have fun.

290
00:14:21,240 --> 00:14:25,080
It's good to spend a little bit of your, your reselling money on things

291
00:14:25,080 --> 00:14:29,840
that maybe you wanted or, you know, whatever, you know, Domino's Pizza

292
00:14:29,880 --> 00:14:30,920
treat yourself, right?

293
00:14:31,280 --> 00:14:36,040
Because I think it's important when you start, you can't be that serious.

294
00:14:36,520 --> 00:14:38,520
I don't think those people survive in this, right?

295
00:14:38,520 --> 00:14:42,240
If somebody comes in as like, I've never resold a day in my life and I'm

296
00:14:42,240 --> 00:14:45,240
going to start today and I'm going to be the most super serious

297
00:14:45,240 --> 00:14:46,320
reseller there ever is.

298
00:14:46,320 --> 00:14:49,080
I think that person will fail more often than the person is just like,

299
00:14:49,080 --> 00:14:51,640
Hey, I'm going to sell a few things around the house, get a few extra

300
00:14:51,640 --> 00:14:53,320
money, maybe go to a thrift store here.

301
00:14:53,560 --> 00:14:55,920
Then they catch the bug and then all of a sudden they can build

302
00:14:55,920 --> 00:14:57,520
it into an actual business.

303
00:14:58,480 --> 00:14:59,280
No, I agree with that.

304
00:14:59,280 --> 00:15:04,640
Even when I, when I first got into reselling, I didn't claim to be a

305
00:15:04,640 --> 00:15:05,720
serious person.

306
00:15:05,720 --> 00:15:08,760
People ask what I did before reselling, because that's just a natural thing

307
00:15:08,760 --> 00:15:09,840
in groups like, who are you?

308
00:15:10,320 --> 00:15:13,120
I told them my background, like, why are you doing reselling?

309
00:15:13,520 --> 00:15:14,920
Because I needed a change in life.

310
00:15:14,920 --> 00:15:15,680
That's what I did.

311
00:15:16,080 --> 00:15:18,240
And quality of life actually.

312
00:15:18,680 --> 00:15:20,240
And it was a quality of life.

313
00:15:20,240 --> 00:15:21,240
I lost a lot of weight.

314
00:15:21,640 --> 00:15:24,240
I feel actually rewarded in the work I'm doing.

315
00:15:24,240 --> 00:15:26,080
It's not the, it's not the same old grind.

316
00:15:26,080 --> 00:15:26,600
It's a grind.

317
00:15:26,600 --> 00:15:29,120
Don't get me wrong, but it's a different kind and it's mine.

318
00:15:29,120 --> 00:15:30,160
It's a chosen grind.

319
00:15:30,160 --> 00:15:31,360
I chose the path I'm on.

320
00:15:31,360 --> 00:15:35,720
What I'd miss, and I got to do it a couple of weeks ago, actually, it was so much fun.

321
00:15:35,960 --> 00:15:38,480
I miss going into somebody's home and looking at their collection.

322
00:15:38,840 --> 00:15:39,960
That's so much fun for me.

323
00:15:39,960 --> 00:15:40,960
That is treasure hunting.

324
00:15:41,160 --> 00:15:45,280
It's either going to be crap and I'm going to sigh and do it anyway, or it's

325
00:15:45,280 --> 00:15:47,000
going to be, it's a wall of gold.

326
00:15:47,000 --> 00:15:48,200
It's all mine.

327
00:15:48,200 --> 00:15:49,200
Ha ha ha ha.

328
00:15:49,440 --> 00:15:52,720
I miss kind of doing that because nowadays I hang out at the shop mainly.

329
00:15:53,200 --> 00:15:54,320
It's a processing center.

330
00:15:54,320 --> 00:15:55,000
I'm not going to lie.

331
00:15:55,240 --> 00:15:57,880
We process, we process, we process, we process.

332
00:15:57,880 --> 00:15:59,440
We process, we process, we process.

333
00:15:59,440 --> 00:16:01,440
We process, we process, we process, we process, we process, we process.

334
00:16:01,440 --> 00:16:05,360
And occasionally a customer walks in and I get their money and they walk out with books.

335
00:16:05,360 --> 00:16:05,760
Yay.

336
00:16:08,120 --> 00:16:11,360
But I actually had a customer walk in, Hey, you want to come to the house and look at our books?

337
00:16:11,360 --> 00:16:12,000
I'm like, yes.

338
00:16:12,000 --> 00:16:13,360
When let's do this.

339
00:16:13,360 --> 00:16:14,480
I haven't done it in so long.

340
00:16:15,280 --> 00:16:17,240
And they actually had a lot of good things.

341
00:16:17,240 --> 00:16:22,760
There's a lot of repair manuals for both planes and cars.

342
00:16:23,040 --> 00:16:24,680
And he was a doctor or pharmacist.

343
00:16:24,680 --> 00:16:25,840
His dad was a doctor.

344
00:16:26,000 --> 00:16:27,560
So they had a lot of cool medical things.

345
00:16:27,560 --> 00:16:31,720
And then while I was there, he's like, we got more of these manual things that are air hangar.

346
00:16:32,040 --> 00:16:33,880
Like, what are you saying here?

347
00:16:34,000 --> 00:16:35,080
Do you want to come to the air hanger?

348
00:16:35,080 --> 00:16:36,320
Yes, I do.

349
00:16:36,480 --> 00:16:38,840
I've never been sourcing at an air hanger before.

350
00:16:38,840 --> 00:16:39,800
Let's do this.

351
00:16:40,680 --> 00:16:41,480
It was really cool.

352
00:16:41,760 --> 00:16:45,440
He didn't have as many things there and they're all beat up mainly, but I pulled a few things,

353
00:16:45,440 --> 00:16:47,280
but I got to see some cool things.

354
00:16:47,360 --> 00:16:49,880
That's, that's the fun part to me.

355
00:16:49,960 --> 00:16:52,760
Everybody else is going to have fun somehow, some way.

356
00:16:53,120 --> 00:16:56,240
But if you're the adventure type, you can have adventures reselling.

357
00:16:56,240 --> 00:16:59,520
You think that's why a lot of people want to give it up reselling.

358
00:16:59,520 --> 00:17:05,560
It's just because it loses the fun aspect of it, because the fun part is like sourcing, right?

359
00:17:05,560 --> 00:17:11,200
Like for the most part, most people, the funnest part of reselling is sourcing the items.

360
00:17:12,000 --> 00:17:19,640
And for me, I don't know, like sourcing isn't as fun as it used to be, but like, I still have a decent time in my business.

361
00:17:19,640 --> 00:17:19,800
Right.

362
00:17:19,800 --> 00:17:22,960
But then again, I'm not in it 60 hours a week.

363
00:17:22,960 --> 00:17:28,960
I think I'd probably, I'd probably be a rotten old man if I worked in my business 60 hours a week.

364
00:17:28,960 --> 00:17:30,280
You'd look a lot grayer like me.

365
00:17:30,280 --> 00:17:30,520
Yeah.

366
00:17:30,520 --> 00:17:32,080
So for me, it's like, it's fun, right?

367
00:17:32,080 --> 00:17:37,280
Like I go out, you know, two days a week, hit all my thrift stores, send in a few boxes, make a whole bunch of money.

368
00:17:37,280 --> 00:17:38,760
Like that's fun to me, right?

369
00:17:38,760 --> 00:17:41,480
It's like, I don't, maybe, maybe I guess you're deaf.

370
00:17:41,680 --> 00:17:48,160
I guess the fun equates to being able to have such refined processes that I don't have to do this around the clock.

371
00:17:48,360 --> 00:17:50,800
I get free time off when I want free time off.

372
00:17:50,800 --> 00:17:52,000
I kind of can do what I want.

373
00:17:52,000 --> 00:17:55,040
I can have YouTube, I can enjoy the discord.

374
00:17:55,240 --> 00:17:57,680
Like reselling overall is fun to me, I guess.

375
00:17:57,680 --> 00:18:06,880
If I'm, maybe if I was by myself and I never started YouTube, I never found you got around like money people, then maybe I probably would have called it quits by now.

376
00:18:06,880 --> 00:18:07,080
Right.

377
00:18:07,080 --> 00:18:08,200
Because what's the fun?

378
00:18:08,200 --> 00:18:18,400
Like, I guess like you need to share your wins and losses and the journey with someone for it to kind of be like one to someone else, especially since reselling is usually a one person operation.

379
00:18:18,400 --> 00:18:24,560
Maybe if you have, maybe it's like you and your girlfriend, your wife, your significant other, your husband, whoever it is.

380
00:18:24,760 --> 00:18:28,480
I think that could kind of keep your reselling flame alive.

381
00:18:28,680 --> 00:18:31,920
But what happens here, a lot of people just, that doesn't start to be fun.

382
00:18:31,920 --> 00:18:34,960
And I think that comes from not making money, right?

383
00:18:34,960 --> 00:18:42,400
I think that's kind of the root of no fun is when you're doing a whole bunch of work and you ain't making no money because that ain't fun.

384
00:18:42,400 --> 00:18:47,160
Just looking at that from the outside, you're like, wait a minute, this ain't fun no more because I'm not getting paid.

385
00:18:47,160 --> 00:18:48,360
It's interesting.

386
00:18:48,640 --> 00:18:54,040
Two years ago in text media call, they had some high level players come in.

387
00:18:54,360 --> 00:18:55,520
Jack was amongst them.

388
00:18:55,520 --> 00:19:01,000
You all have heard of Jack and the gentleman spoke kind of mentioned the same thing I mentioned.

389
00:19:01,560 --> 00:19:02,520
He was success.

390
00:19:02,520 --> 00:19:08,760
He had like two story building team of like 20 people attract a trailer, come in every week and leave in every week with the junk.

391
00:19:09,240 --> 00:19:10,440
He mentioned the same thing.

392
00:19:10,440 --> 00:19:11,640
I missed the treasure hunting.

393
00:19:11,640 --> 00:19:12,880
I missed going out.

394
00:19:12,880 --> 00:19:17,560
But I know it's a waste of my time if I do that because he's making all the money.

395
00:19:17,560 --> 00:19:18,880
The systems are in place.

396
00:19:18,880 --> 00:19:20,000
Inventory comes to him.

397
00:19:20,000 --> 00:19:21,000
He's got the team.

398
00:19:21,320 --> 00:19:22,240
Everything's working.

399
00:19:22,240 --> 00:19:23,080
But he did say that.

400
00:19:23,080 --> 00:19:25,200
I remember that I thought he was crazy at the time.

401
00:19:25,560 --> 00:19:26,920
Like, why do you miss that?

402
00:19:26,920 --> 00:19:28,840
You're making so much money, but I get it now.

403
00:19:29,080 --> 00:19:30,080
I understand it.

404
00:19:30,680 --> 00:19:32,360
Do you think it kind of translate though?

405
00:19:32,360 --> 00:19:37,800
Like your fun when you start reselling doesn't have to be your fun throughout the whole time, right?

406
00:19:37,800 --> 00:19:43,400
Because I guess the fun for me is making the money I do selling the junk I sell.

407
00:19:43,400 --> 00:19:43,920
Right?

408
00:19:43,920 --> 00:19:44,920
Like that's fun to me.

409
00:19:44,920 --> 00:19:50,840
Like I laugh when I see somebody pays $30 for a used copy of Twister on DVD.

410
00:19:50,840 --> 00:19:56,480
I'm like, who in their mind is paying $30 for Twister on DVD used?

411
00:19:56,480 --> 00:19:57,000
Right?

412
00:19:57,000 --> 00:19:58,800
So I guess that's the fun part for me.

413
00:19:58,800 --> 00:19:59,880
It's not so much sourcing.

414
00:19:59,880 --> 00:20:01,200
Like sourcing is cool.

415
00:20:01,200 --> 00:20:06,360
And like, yeah, like finding like cool things when I come across and maybe rare things or things like that.

416
00:20:06,360 --> 00:20:10,160
Maybe rare things or things like for myself, a movie or a CD or something.

417
00:20:10,440 --> 00:20:11,480
But I don't know.

418
00:20:11,480 --> 00:20:12,600
The money's fun to me.

419
00:20:12,600 --> 00:20:14,160
I'm so I'm so greedy, dude.

420
00:20:14,440 --> 00:20:19,640
That's why I'll never leave media because you can just turn a dollar into $10 infinitely.

421
00:20:19,640 --> 00:20:21,160
It's like it's like a cheat code.

422
00:20:21,160 --> 00:20:22,880
It's like investing on steroids.

423
00:20:22,880 --> 00:20:24,280
You just compound your money.

424
00:20:24,480 --> 00:20:25,720
And I guess that's the fun part to me.

425
00:20:25,720 --> 00:20:28,120
I just like, hey, some sucker is going to buy this.

426
00:20:28,120 --> 00:20:30,640
I'm going to put $10 in my pocket every single time.

427
00:20:30,640 --> 00:20:32,720
Like, I guess that it's laughable.

428
00:20:32,720 --> 00:20:33,560
And I guess it keeps me.

429
00:20:33,560 --> 00:20:35,040
It's a license to print money.

430
00:20:35,040 --> 00:20:37,000
It's just how much money do you want to print?

431
00:20:37,000 --> 00:20:38,840
That means you got to work X amount.

432
00:20:39,120 --> 00:20:40,800
It's how much money do you want to make?

433
00:20:41,040 --> 00:20:46,800
And that and going back to the whole topic, is it survivable and doable this year in 2024?

434
00:20:47,040 --> 00:20:49,320
Yes, but you are going to have to work for it.

435
00:20:49,440 --> 00:20:53,920
Yeah, that's that's the thing I put in a lot of hours, even on Amazon.

436
00:20:53,920 --> 00:20:55,640
I put a little bit of hours on eBay.

437
00:20:57,160 --> 00:21:01,200
And it used to be a lot of hours on eBay and a little bit of hours on Amazon.

438
00:21:01,400 --> 00:21:03,400
You can you can make it however you want.

439
00:21:03,400 --> 00:21:07,280
I think if you were to start today.

440
00:21:08,440 --> 00:21:12,280
You would need you need to make that call with yourself early on.

441
00:21:12,640 --> 00:21:14,480
Am I treating this as a hobby?

442
00:21:14,480 --> 00:21:18,000
Am I treating this as part time income while working in a full time job?

443
00:21:18,440 --> 00:21:21,560
Or am I trying to make that transition to full time?

444
00:21:21,880 --> 00:21:27,120
And if it's that last one there, you need to realize you're going to have to work extra

445
00:21:27,400 --> 00:21:29,800
because everybody has the same advantages of you.

446
00:21:29,800 --> 00:21:32,920
Like we said early on, there's a lot more information out there.

447
00:21:32,920 --> 00:21:37,760
Today than there was in the playing field has changed both on eBay and Amazon.

448
00:21:38,040 --> 00:21:41,520
It's a lot harder game and you can't just sling up.

449
00:21:41,520 --> 00:21:46,200
I don't know. Teletubbies and Beanie Babies anymore and get away with it.

450
00:21:46,440 --> 00:21:47,960
Nobody wants that stuff anymore.

451
00:21:47,960 --> 00:21:50,360
I'm looking at you, Princess Diana Purple Beanie Baby.

452
00:21:50,360 --> 00:21:51,440
Nobody wants you.

453
00:21:51,440 --> 00:21:54,680
I sold I seen a sold comp for three trillion dollars, dude.

454
00:21:54,680 --> 00:21:56,720
I know what I got. Prices firm.

455
00:21:57,160 --> 00:21:58,160
Uh huh. Uh huh.

456
00:21:58,360 --> 00:21:59,520
Money laundering there.

457
00:21:59,520 --> 00:22:04,200
I do think when you if you're in that situation, right, because a lot of people are

458
00:22:04,200 --> 00:22:08,360
and I was that person I wanted to get out of CVS and resell full time.

459
00:22:09,480 --> 00:22:13,880
If you don't enjoy yourself during those times, you ain't going to enjoy yourself

460
00:22:14,360 --> 00:22:18,600
at all, right? Because those are the times where you're like, my life sucks.

461
00:22:18,600 --> 00:22:19,920
I hate this job.

462
00:22:19,920 --> 00:22:24,200
You should be willing to do whatever it takes to get out of that place.

463
00:22:24,200 --> 00:22:26,400
And there's going to have to be sacrifices made.

464
00:22:26,400 --> 00:22:31,120
You're going to have to be working 50 hours at your job and then 30 hours on the side

465
00:22:31,120 --> 00:22:34,640
in the reselling business to get it to a point where you can comfortably

466
00:22:34,880 --> 00:22:38,920
and smartly make the move to try reselling full time.

467
00:22:39,160 --> 00:22:42,440
And if you ain't got the hustle muscle, then you're dead in the water.

468
00:22:43,080 --> 00:22:46,480
If you ain't driving to the thrift store on your lunch break with a hot pocket

469
00:22:46,480 --> 00:22:50,440
and one hand and coffee in your other, you ain't playing it right.

470
00:22:50,440 --> 00:22:53,600
If you're trying to make that transition, you got to figure it out.

471
00:22:53,600 --> 00:22:57,480
If you work on your lunch break, maybe work on your dinner break,

472
00:22:57,680 --> 00:23:01,160
invite the wife along and pretend it's date night when you're actually secretly

473
00:23:01,160 --> 00:23:03,280
sourcing and see if she notices or not.

474
00:23:04,680 --> 00:23:06,200
You got to have that hustle.

475
00:23:06,200 --> 00:23:12,080
It's got to be in you to transition out, because if you don't, that one year plan

476
00:23:12,080 --> 00:23:13,480
turns into a 10 year plan.

477
00:23:13,480 --> 00:23:16,600
And the end of the 10 years, you may not have the energy and hustle anymore.

478
00:23:17,000 --> 00:23:21,040
Where if you put in that one year or that two years of hard dedication,

479
00:23:21,040 --> 00:23:26,680
to figure it all out, get all your sourcing in line, maximize every spare

480
00:23:26,680 --> 00:23:30,840
minute you can for your business and your family, if you've got a family

481
00:23:30,840 --> 00:23:34,640
and your real job or your full time current job.

482
00:23:34,840 --> 00:23:37,640
So you can make your reselling life your real job.

483
00:23:37,680 --> 00:23:40,880
If that's your goal, you're going to have to work for it.

484
00:23:41,360 --> 00:23:43,400
Work being the keyword of the day here.

485
00:23:44,720 --> 00:23:47,640
I coach a lot of people behind the scenes.

486
00:23:47,640 --> 00:23:50,480
And most of them are usually newer people.

487
00:23:51,480 --> 00:23:55,600
And I've seen, I mean, just in our group alone, alone, we've been doing

488
00:23:55,600 --> 00:24:00,360
this now for almost two years, two full years of having the discord, the YouTube

489
00:24:00,360 --> 00:24:04,560
group, and we've seen so many people come and go, so many people we thought

490
00:24:04,560 --> 00:24:06,480
were going to make it, didn't make it.

491
00:24:06,480 --> 00:24:09,880
And then there's always the few that like, you're like, this person's got no

492
00:24:09,880 --> 00:24:10,360
chance.

493
00:24:10,360 --> 00:24:13,360
And then all of a sudden, Hey, they find something, something clicks in their

494
00:24:13,360 --> 00:24:15,200
business, something that's not going to work.

495
00:24:15,200 --> 00:24:18,280
Hey, they find something, something clicks in their business, something clicks

496
00:24:18,520 --> 00:24:19,760
with, with their mind.

497
00:24:19,760 --> 00:24:23,280
And all of a sudden, boom, they're pushing these crazy numbers reselling.

498
00:24:23,520 --> 00:24:28,560
So there's a lot to be said about just doing the work and learning as you go.

499
00:24:28,560 --> 00:24:32,720
And sure, being around like-minded people will help, but create your own path.

500
00:24:32,760 --> 00:24:36,720
Don't, don't try to be somebody you're not do something you enjoy.

501
00:24:37,080 --> 00:24:41,360
And listen, I think another problem here, Johnny is I think there should be

502
00:24:41,360 --> 00:24:47,680
something like this where like, if you're, if your store doesn't sell anything

503
00:24:47,840 --> 00:24:53,720
over like a three month period, but they put like a big bankruptcy stamp on your

504
00:24:53,720 --> 00:24:54,880
account or something, right?

505
00:24:54,880 --> 00:25:00,520
Like, cause a lot of people drag out this reselling business, it's debtor than the

506
00:25:00,520 --> 00:25:01,240
graveyard.

507
00:25:01,240 --> 00:25:04,800
And they just keep dragging it along, acting like, yeah, I'm a reseller.

508
00:25:04,800 --> 00:25:06,000
I just can't find nothing.

509
00:25:06,000 --> 00:25:08,000
I haven't listened to anything in weeks and months.

510
00:25:08,000 --> 00:25:12,120
And it's like, I wish there was a certain way that we could just be like, boom,

511
00:25:12,120 --> 00:25:15,320
your selling account has turned off because you haven't sold anything in months.

512
00:25:15,480 --> 00:25:19,680
And maybe that would thin the herd because along with all the great information we

513
00:25:19,680 --> 00:25:22,680
were talking about, there's a lot of negativity in the reselling world because

514
00:25:23,160 --> 00:25:24,120
it's not an easy job.

515
00:25:24,120 --> 00:25:27,720
Not a lot of people are six figures successful in reselling, right?

516
00:25:27,920 --> 00:25:31,320
And those that are, you know, they, they kind of show more of the flashier side

517
00:25:31,320 --> 00:25:32,520
and not really the work side.

518
00:25:33,320 --> 00:25:37,640
And when I see happens in January, we get an influx of new people at all groups.

519
00:25:37,640 --> 00:25:38,640
Doesn't matter where you're at.

520
00:25:39,160 --> 00:25:40,880
And I, and I played a little mental game.

521
00:25:40,920 --> 00:25:41,640
You're going to make it.

522
00:25:41,640 --> 00:25:43,200
You're going to make, you're not going to make it.

523
00:25:43,200 --> 00:25:44,200
You're totally screwed.

524
00:25:44,280 --> 00:25:45,720
You're, you're wasting everybody's time.

525
00:25:45,800 --> 00:25:46,600
Oh, you're going to make it.

526
00:25:46,600 --> 00:25:47,360
You're not going to make it.

527
00:25:47,640 --> 00:25:51,840
Cause you can see the people just making a January resolution versus people

528
00:25:51,840 --> 00:25:52,960
legitimately trying.

529
00:25:53,400 --> 00:25:55,800
And it's the people that did that new reviews resolution.

530
00:25:55,880 --> 00:25:58,240
They ain't going to last more than two or three months.

531
00:25:58,280 --> 00:26:01,080
Maybe not even after this call, especially if they asked Mr.

532
00:26:01,080 --> 00:26:03,760
Tech a question and then crushed.

533
00:26:03,840 --> 00:26:04,240
Love it.

534
00:26:04,400 --> 00:26:05,040
No offense, tech.

535
00:26:05,400 --> 00:26:07,160
I think that would be a good thing though.

536
00:26:07,160 --> 00:26:07,440
Right?

537
00:26:07,440 --> 00:26:12,040
I think maybe after a month, everybody, you would have to release your

538
00:26:12,040 --> 00:26:15,640
results on whether everybody thought this person was going to make it or not.

539
00:26:15,640 --> 00:26:15,880
Right?

540
00:26:15,880 --> 00:26:20,280
So after like a month of them being in the group, like your, your destiny has

541
00:26:20,280 --> 00:26:23,040
been revealed by the group, how many people thought you were going to make it?

542
00:26:23,040 --> 00:26:24,760
How many people didn't think you were going to make it?

543
00:26:24,760 --> 00:26:29,000
But you know, it's, it's, it's tough to kind of judge a book by its cover.

544
00:26:29,640 --> 00:26:36,400
Um, I guess the thing with me is if the questions are so basic and you're not

545
00:26:36,400 --> 00:26:38,800
willing, this is it, I figured it out.

546
00:26:38,800 --> 00:26:39,960
Johnny Google.

547
00:26:40,520 --> 00:26:41,040
Yes.

548
00:26:41,560 --> 00:26:42,120
Google.

549
00:26:42,200 --> 00:26:46,160
If you're a new reseller and you're not willing to look up the most basic

550
00:26:46,160 --> 00:26:51,760
information on your own, like how to open an eBay account, how to open an Amazon

551
00:26:51,760 --> 00:26:53,640
account, what does the process look like?

552
00:26:54,360 --> 00:26:55,480
I don't think you're going to make it.

553
00:26:55,520 --> 00:26:57,440
Actually, I know you're not going to make it.

554
00:26:57,680 --> 00:26:59,000
You're not, you're dead in the water.

555
00:26:59,600 --> 00:27:01,800
Um, you gotta be self-motivated.

556
00:27:01,800 --> 00:27:06,680
Now it's a difference if you Google something and you can't find it or you

557
00:27:06,680 --> 00:27:11,280
find, you find it, but four people are saying four different answers, which one

558
00:27:11,280 --> 00:27:15,320
is it, then you can come to a group like this one and get clarification, um, or

559
00:27:15,320 --> 00:27:17,680
text group or max group or any other group.

560
00:27:18,160 --> 00:27:19,480
That's what the groups are for.

561
00:27:19,480 --> 00:27:22,600
When you're getting conflicting information or there is no information

562
00:27:22,600 --> 00:27:26,680
out of it out there, but you got to put in the initial legwork first or else

563
00:27:26,680 --> 00:27:31,280
you're honestly no offense to anybody who doesn't do this, wasting everybody's

564
00:27:31,280 --> 00:27:33,480
time, stop wasting our time.

565
00:27:34,240 --> 00:27:35,320
Stop wasting Mike's time.

566
00:27:35,320 --> 00:27:36,400
Stop wasting my time.

567
00:27:36,400 --> 00:27:37,640
Stop wasting text time.

568
00:27:38,080 --> 00:27:41,560
Do a little Google research, do a little YouTube research.

569
00:27:41,680 --> 00:27:44,240
You still can't find it or there's 10 different answers.

570
00:27:44,440 --> 00:27:47,840
Then we're going to give you our time once you've done that.

571
00:27:47,840 --> 00:27:52,720
And we'll do so with a smile, but until you've done that, don't waste our time.

572
00:27:53,040 --> 00:27:56,520
It's so funny, Johnny, people like ask me about something on Amazon.

573
00:27:56,520 --> 00:27:58,240
Like, Hey, how does this work?

574
00:27:58,240 --> 00:28:03,080
And I literally go to the Amazon search bar up top and I type in exactly that.

575
00:28:03,200 --> 00:28:04,560
And it pops up instantly.

576
00:28:04,560 --> 00:28:10,400
And I'm like, you gotta be kidding me, but I will take, I'll take blame in this.

577
00:28:10,560 --> 00:28:16,200
You know, I think all reseller reselling influencers have to take some responsibility

578
00:28:16,240 --> 00:28:20,880
because we've created a culture of reselling for everybody.

579
00:28:20,880 --> 00:28:24,920
That's brand new feels like they could just be babied into a successful

580
00:28:24,920 --> 00:28:28,640
reselling business because all of the information's out there and because

581
00:28:28,920 --> 00:28:34,440
most resellers that are influencers have social media will respond to questions.

582
00:28:34,440 --> 00:28:39,120
All the questions, no matter how stupid we may think it is or how, you know,

583
00:28:39,160 --> 00:28:41,960
just idiotic the question is, we'll still give a response.

584
00:28:42,200 --> 00:28:43,440
So I think we are to blame.

585
00:28:43,440 --> 00:28:45,320
I think we have created a reselling culture.

586
00:28:45,320 --> 00:28:46,840
That's just, okay.

587
00:28:47,120 --> 00:28:48,360
I don't have to look myself.

588
00:28:48,800 --> 00:28:50,160
Oh, Johnny's been doing this.

589
00:28:50,160 --> 00:28:53,080
I can just say, message Johnny and ask him if this book's worth it.

590
00:28:53,080 --> 00:28:55,000
And Johnny will give you a response.

591
00:28:55,000 --> 00:28:59,320
And I think that, I think that hinders growth in the reselling,

592
00:28:59,720 --> 00:29:01,480
basically profession overall.

593
00:29:01,480 --> 00:29:05,840
And I think that's, I think why a lot of new seller struggles because they

594
00:29:05,840 --> 00:29:10,760
don't, they don't understand that looking for yourself, you search,

595
00:29:10,760 --> 00:29:12,080
research something yourself, right?

596
00:29:12,080 --> 00:29:15,680
If I'm, if I have a question about this program on eBay, right?

597
00:29:15,680 --> 00:29:17,840
The international shipping program, how does it work?

598
00:29:18,120 --> 00:29:19,800
Do I ship straight to the customer?

599
00:29:19,960 --> 00:29:21,400
How does, exactly does it work?

600
00:29:21,400 --> 00:29:24,280
Well, if I research it, you retain the information.

601
00:29:24,280 --> 00:29:27,880
It's kind of like people that write things down versus just listening.

602
00:29:28,200 --> 00:29:30,880
But if I can just say, Hey, Johnny, how does it work?

603
00:29:30,880 --> 00:29:32,320
And Johnny says, Oh, it goes to a warehouse.

604
00:29:32,320 --> 00:29:33,320
Then it goes to the customer.

605
00:29:33,640 --> 00:29:35,280
You're not retaining that information.

606
00:29:35,480 --> 00:29:37,400
It's just, it's just in one ear out the other.

607
00:29:38,400 --> 00:29:39,360
It's really funny.

608
00:29:40,440 --> 00:29:46,040
And reseller greatness, techs group, we have a lot of information documented

609
00:29:46,280 --> 00:29:49,920
and we'll get asked, he does the Tuesday, ask me anything kind of thing.

610
00:29:49,920 --> 00:29:51,400
And there's so many answers.

611
00:29:51,400 --> 00:29:53,040
He's like, did you go to the document?

612
00:29:53,480 --> 00:29:54,400
Did you go to the document?

613
00:29:54,400 --> 00:29:55,200
The answer's there.

614
00:29:55,440 --> 00:29:57,320
Or how about the most referred call list?

615
00:29:57,360 --> 00:29:58,960
It's titled your exact question.

616
00:29:59,000 --> 00:30:00,240
Did you check that video out?

617
00:30:01,200 --> 00:30:04,360
And he's very polite and he doesn't really yell at people.

618
00:30:05,760 --> 00:30:07,440
He tells them it's, it's there.

619
00:30:07,880 --> 00:30:10,760
We did the work for you right over there.

620
00:30:11,200 --> 00:30:14,440
Please take your time and go review that information.

621
00:30:14,480 --> 00:30:15,680
He does it in the most polite way.

622
00:30:15,680 --> 00:30:18,400
I give him all the accommodations in the world for that.

623
00:30:18,400 --> 00:30:22,040
Cause if he did that to me, I would, I would go off on you.

624
00:30:22,560 --> 00:30:24,320
Well, at least I would go off on you.

625
00:30:24,360 --> 00:30:28,720
But see the thing, even that is to a new reseller.

626
00:30:28,760 --> 00:30:32,080
Like you said, like even that is too much of a hurdle.

627
00:30:32,800 --> 00:30:33,040
Yeah.

628
00:30:33,040 --> 00:30:37,400
By, by him saying, Hey, go, go look at this document we made because they're

629
00:30:37,400 --> 00:30:40,160
gonna have to look at the document, read down the document, maybe scroll

630
00:30:40,160 --> 00:30:45,600
a few pages, God forbid, even that is too much of hurdle, but that is,

631
00:30:45,600 --> 00:30:50,280
unfortunately that is the reseller kind of the new reseller generation we have

632
00:30:50,280 --> 00:30:53,400
created that it's just, everything is just, here you go.

633
00:30:53,680 --> 00:30:54,520
Here's how you do it.

634
00:30:54,520 --> 00:30:58,720
Here's how you make 10 K month, 20 K month, 25 billions of dollars.

635
00:30:58,760 --> 00:31:02,000
And unfortunately I, we've gone too far.

636
00:31:02,040 --> 00:31:03,640
I don't think we can back.

637
00:31:03,680 --> 00:31:09,640
Even you have like a hundred plus how to videos of how to do this entire thing.

638
00:31:09,840 --> 00:31:10,880
And just search the channel.

639
00:31:11,600 --> 00:31:14,720
Just use the search feature, the channel, or go to the how to place.

640
00:31:14,720 --> 00:31:19,640
Go to the how to playlist, watch every single, yes, every single video.

641
00:31:19,640 --> 00:31:20,880
Cause I had to do this.

642
00:31:21,400 --> 00:31:22,800
Mike's done this as well.

643
00:31:23,240 --> 00:31:27,400
When we find somebody that's giving us good information, I guarantee you both

644
00:31:27,400 --> 00:31:31,360
him and I will go watch every single thing to pick up every single nugget of

645
00:31:31,360 --> 00:31:31,920
information.

646
00:31:31,920 --> 00:31:36,040
I've watched every single one of Mike's how to videos because inevitably

647
00:31:36,080 --> 00:31:39,440
he'll say something that either I've forgotten about or, Hey, I've never heard

648
00:31:39,440 --> 00:31:39,960
that before.

649
00:31:40,000 --> 00:31:42,040
That is a slam dunk piece of information.

650
00:31:42,360 --> 00:31:42,640
But

651
00:31:42,640 --> 00:31:44,920
the barrier, nobody wants to do it.

652
00:31:44,960 --> 00:31:46,400
You're, you're asking too much.

653
00:31:46,400 --> 00:31:48,280
Even as even to me, right.

654
00:31:48,320 --> 00:31:49,760
To me and you were like, who cares?

655
00:31:49,760 --> 00:31:49,960
Right.

656
00:31:49,960 --> 00:31:51,560
You could just have a plane in the background.

657
00:31:51,880 --> 00:31:55,960
Um, that's too much anymore because this is the culture we've created, Johnny.

658
00:31:55,960 --> 00:31:58,960
And now you're a part of it as being, you know, that's true.

659
00:31:59,040 --> 00:31:59,360
Yeah.

660
00:31:59,360 --> 00:32:00,800
You're on the podcast now.

661
00:32:00,840 --> 00:32:05,160
So, I mean, you're, you're also a part of, but I think we do try to keep a

662
00:32:05,160 --> 00:32:09,960
realistic picture painted of what reselling is and the topics we cover.

663
00:32:09,960 --> 00:32:12,560
Because I think, like I said, there's no going back now, right?

664
00:32:12,560 --> 00:32:16,320
Because every reseller wants to have a YouTube channel, every research YouTube

665
00:32:16,320 --> 00:32:20,040
channel in order to get views and make money on YouTube, you gotta be click

666
00:32:20,040 --> 00:32:21,560
baity, you gotta find gold bars.

667
00:32:21,560 --> 00:32:25,680
You gotta, you know, you gotta, that's the way you win in YouTube world, but

668
00:32:25,760 --> 00:32:28,040
it just doesn't work good for the reselling community.

669
00:32:28,040 --> 00:32:31,080
And yeah, there's, there's plenty of YouTubers out there that kind of keep it

670
00:32:31,080 --> 00:32:31,360
real.

671
00:32:31,360 --> 00:32:35,240
And when it comes to the work that goes into it, but the vast majority, it's

672
00:32:35,240 --> 00:32:36,160
the complete opposite.

673
00:32:36,160 --> 00:32:39,280
And I can't blame them for it because this is the world we live in.

674
00:32:39,280 --> 00:32:42,800
People want the easy, get rich quick type schemes.

675
00:32:42,800 --> 00:32:44,520
And that's why a lot of people fall for these.

676
00:32:44,960 --> 00:32:45,560
Here's what you do.

677
00:32:45,560 --> 00:32:49,120
Take your life savings down to Vegas, put it all on black, see what happens.

678
00:32:49,120 --> 00:32:50,360
Don't waste your time reselling.

679
00:32:50,480 --> 00:32:52,480
If you want that life, that's my answer to you.

680
00:32:53,160 --> 00:32:55,600
I'm going to the slot machines, dude, at least the slot machines.

681
00:32:55,600 --> 00:32:57,040
I get a little bit of entertainment out.

682
00:32:58,000 --> 00:32:58,680
Okay, fine.

683
00:32:58,920 --> 00:33:02,440
You're gambling device of choice, but all your life savings on that.

684
00:33:02,640 --> 00:33:06,960
When you come back from your time in Vegas, crying and broke while you would

685
00:33:06,960 --> 00:33:10,480
have shortcutted the one to two years you wasted everybody's time, including

686
00:33:10,480 --> 00:33:11,720
your own and reselling.

687
00:33:12,280 --> 00:33:12,800
Stop it.

688
00:33:13,480 --> 00:33:13,960
That's true.

689
00:33:14,040 --> 00:33:17,440
I do think there is still a lot of opportunity and growth within reselling,

690
00:33:17,680 --> 00:33:18,920
especially if you're new.

691
00:33:19,080 --> 00:33:22,880
I just think there's so much information out there now, everywhere you look,

692
00:33:23,040 --> 00:33:25,720
there's 50 million different business models that are going to make you

693
00:33:25,720 --> 00:33:26,760
trillions of dollars.

694
00:33:27,040 --> 00:33:28,600
Hell, I hear it all the time.

695
00:33:28,800 --> 00:33:30,400
Mike, why you still sell books?

696
00:33:30,400 --> 00:33:31,440
Why don't you do this?

697
00:33:31,440 --> 00:33:32,480
Why don't you do that?

698
00:33:32,480 --> 00:33:36,800
And every year, Johnny, we always know there's a new hot and sexy

699
00:33:36,800 --> 00:33:40,680
business model that comes out, especially with Amazon, right?

700
00:33:40,680 --> 00:33:45,840
eBay to Amazon, Amazon to Amazon, seasonal items on Amazon.

701
00:33:46,200 --> 00:33:47,640
Oh, Macari has no fees.

702
00:33:47,640 --> 00:33:49,160
Let's all go sell on Macari now.

703
00:33:50,200 --> 00:33:53,040
Oh, that's the no fee thing is just BS.

704
00:33:53,040 --> 00:33:53,760
It doesn't work.

705
00:33:53,760 --> 00:33:54,800
It doesn't make sense.

706
00:33:55,080 --> 00:33:56,000
It's a marketing employee.

707
00:33:56,120 --> 00:33:56,880
It is.

708
00:33:56,880 --> 00:33:57,520
It is.

709
00:33:57,520 --> 00:34:00,760
Maybe I'll just, you know, I guess it's kind of like my market employee, you

710
00:34:00,760 --> 00:34:02,440
know, join the channel 2.99.

711
00:34:02,440 --> 00:34:03,880
It's cheaper than a Happy Meal, right?

712
00:34:03,880 --> 00:34:07,480
So like, I guess everybody's got their own way of reeling people in.

713
00:34:07,480 --> 00:34:09,560
I just want new people to understand.

714
00:34:09,560 --> 00:34:10,200
Come to the store.

715
00:34:10,200 --> 00:34:11,440
You get a free book every day.

716
00:34:11,440 --> 00:34:12,280
I do it too.

717
00:34:12,680 --> 00:34:13,000
Yeah.

718
00:34:13,000 --> 00:34:13,200
Yeah.

719
00:34:13,200 --> 00:34:13,320
Yeah.

720
00:34:13,320 --> 00:34:17,920
We all got a little gimmick behind the scenes, but I think as a new person, you

721
00:34:18,160 --> 00:34:21,720
figure out what you're passionate about, what category you're passionate about,

722
00:34:22,000 --> 00:34:26,040
what platform you're passionate about, because, you know, different strokes

723
00:34:26,040 --> 00:34:27,000
for different folks, right?

724
00:34:27,280 --> 00:34:28,600
Platforms matter, right?

725
00:34:28,600 --> 00:34:33,040
What you just because everybody sells on eBay or Amazon doesn't mean you can't be

726
00:34:33,040 --> 00:34:37,640
successful, you know, selling on Poshmark Live, selling drover on Poshmark Live.

727
00:34:37,640 --> 00:34:39,280
Like there's so much out there, man.

728
00:34:40,760 --> 00:34:43,440
I mean, the choices are abundant.

729
00:34:43,440 --> 00:34:47,720
The pathway you go down, that's up to you and how you want to conduct your business.

730
00:34:47,720 --> 00:34:49,880
And then your business model is in that path.

731
00:34:49,880 --> 00:34:50,880
That's also up to you.

732
00:34:51,200 --> 00:34:52,160
There are choices.

733
00:34:52,160 --> 00:34:56,440
You don't have to follow the way I do things, the way Mike does things, the way

734
00:34:56,440 --> 00:35:00,320
tech does things, the way Max does things.

735
00:35:00,320 --> 00:35:03,760
We have information for you based off our own personal experiences and what has

736
00:35:03,760 --> 00:35:04,640
worked for us.

737
00:35:04,920 --> 00:35:06,360
That's all we're really giving you.

738
00:35:06,400 --> 00:35:08,000
That's the, that's the honest truth.

739
00:35:09,000 --> 00:35:12,440
And we're successful in the ways we've chosen to be successful.

740
00:35:12,760 --> 00:35:16,640
Mike, he likes working 20 hours a week or 30 and doing the rest on his YouTube and

741
00:35:16,640 --> 00:35:17,400
helping dev out.

742
00:35:17,440 --> 00:35:18,040
Good for him.

743
00:35:18,040 --> 00:35:20,800
Me, I'll work 80 hours in the shop every week.

744
00:35:20,800 --> 00:35:21,760
I love doing that.

745
00:35:22,000 --> 00:35:26,480
And I'll come onto this podcast once a week or twice a week sometimes.

746
00:35:26,480 --> 00:35:31,160
It's just, I don't know, I'm kind of getting flustered now that we've gotten

747
00:35:31,160 --> 00:35:32,200
toward the end of this thing.

748
00:35:32,760 --> 00:35:39,960
I want people to do this and be successful, but if you're getting in your own way,

749
00:35:40,120 --> 00:35:43,320
don't waste anybody's time, especially your own.

750
00:35:43,560 --> 00:35:47,320
I think is, I think I'm just going to end my segment here and Mike, you can talk

751
00:35:47,320 --> 00:35:48,080
about whatever you want.

752
00:35:48,080 --> 00:35:49,560
That's all I wanted to say right there.

753
00:35:49,800 --> 00:35:51,680
Always your time or our time.

754
00:35:52,800 --> 00:35:53,800
Take it seriously.

755
00:35:53,800 --> 00:35:59,200
We appreciate your Jerry Springer type final thought.

756
00:35:59,200 --> 00:36:00,400
And I agree with that.

757
00:36:00,880 --> 00:36:04,840
You have to be willing to learn on your own and grow on your own.

758
00:36:04,880 --> 00:36:10,600
Being around like-minded people will help you understanding processes and maybe

759
00:36:10,600 --> 00:36:14,640
some tips and tricks from successful resellers, 100% can help you.

760
00:36:14,840 --> 00:36:18,720
I'm not knocking any group, any kind of coaching, any kind of courses.

761
00:36:18,720 --> 00:36:21,160
There is something to be said for you.

762
00:36:21,160 --> 00:36:24,600
Kind of when we always get into, you know, cash or credit, right?

763
00:36:24,600 --> 00:36:28,960
You can expedite your growth if you leverage credit in a correct way.

764
00:36:29,000 --> 00:36:30,760
It's the same way with information.

765
00:36:31,080 --> 00:36:35,200
If you leverage your information in the right way, you can grow faster.

766
00:36:35,200 --> 00:36:39,680
You can have a bigger, more successful reselling business in a shorter amount of

767
00:36:39,680 --> 00:36:44,600
time, but there's also something to be said for the guy that's like, Hey, I don't

768
00:36:44,600 --> 00:36:46,360
care what, I don't care what I'm doing.

769
00:36:46,360 --> 00:36:47,360
I don't care what I'm doing.

770
00:36:47,360 --> 00:36:48,360
I don't care what I'm doing.

771
00:36:48,360 --> 00:36:52,320
There's a guy that's like, Hey, I don't care what, how Mike does it.

772
00:36:52,320 --> 00:36:53,120
How tech does it?

773
00:36:53,120 --> 00:36:54,000
I'm just doing my way.

774
00:36:54,000 --> 00:36:57,640
And if your way works and who cares, and anybody else that's how I am.

775
00:36:57,640 --> 00:36:59,360
That's why I don't, that's why I don't change anything.

776
00:36:59,600 --> 00:37:01,800
People might, why don't you go to the new software?

777
00:37:01,800 --> 00:37:03,960
Why don't you, my stuffs work.

778
00:37:03,960 --> 00:37:07,240
I use the same crappy software I've used for years.

779
00:37:07,240 --> 00:37:08,440
And it's like maintenance.

780
00:37:08,440 --> 00:37:09,880
If it ain't broke, don't fix it.

781
00:37:09,880 --> 00:37:12,400
Why, why you, why are you trying to fix something that's working?

782
00:37:12,440 --> 00:37:13,000
Stop it.

783
00:37:13,160 --> 00:37:14,240
That's the problem, man.

784
00:37:14,240 --> 00:37:17,280
That, and that's the trap you can fall in, especially as a new seller.

785
00:37:17,280 --> 00:37:19,300
There's so many bells and whistles, right?

786
00:37:19,300 --> 00:37:20,380
Just think about nowadays,

787
00:37:20,380 --> 00:37:23,000
how many new sellers will start out cross-listing

788
00:37:23,000 --> 00:37:26,040
on every platform, which never used to exist, right?

789
00:37:26,040 --> 00:37:29,580
That was never ever a thing, you know, a few years back.

790
00:37:29,580 --> 00:37:31,000
Now, I guarantee you,

791
00:37:31,000 --> 00:37:33,820
there's probably a high percentage of brand new resellers

792
00:37:33,820 --> 00:37:36,820
that are like, I have to cross-list on every platform

793
00:37:36,820 --> 00:37:38,060
because that's the only way you can win.

794
00:37:38,060 --> 00:37:40,300
And that's crazy to hear and think about,

795
00:37:40,300 --> 00:37:43,180
but that's the reality we have created, unfortunately,

796
00:37:43,180 --> 00:37:46,600
us resellers that are out there on YouTube

797
00:37:46,600 --> 00:37:47,780
and social media.

798
00:37:47,780 --> 00:37:51,100
We've created a bunch of little minions, monsters,

799
00:37:51,100 --> 00:37:54,660
little orange banana looking guys, banana, right?

800
00:37:54,660 --> 00:37:57,100
We've created reseller demons

801
00:37:57,100 --> 00:37:58,820
and now we have to deal with them.

802
00:37:58,820 --> 00:38:00,440
But I think it is something to be said

803
00:38:00,440 --> 00:38:03,060
because some people that do have questions, I understand.

804
00:38:03,060 --> 00:38:05,460
Some people are challenged when it comes

805
00:38:05,460 --> 00:38:09,480
to navigating technology and finding the right information.

806
00:38:09,480 --> 00:38:11,420
Because if you Google a lot of this reselling stuff,

807
00:38:11,420 --> 00:38:15,540
it's like, you'll get an endless result of like scammy website,

808
00:38:15,540 --> 00:38:17,780
especially with Amazon, oh my God.

809
00:38:17,780 --> 00:38:20,140
Don't Google how to do things on Amazon.

810
00:38:20,140 --> 00:38:21,780
You're gonna get a bunch of sketchy websites,

811
00:38:21,780 --> 00:38:22,940
courses, all that nonsense.

812
00:38:22,940 --> 00:38:25,580
But hey, new resellers, get out there.

813
00:38:25,580 --> 00:38:27,820
2024 can be your year.

814
00:38:27,820 --> 00:38:29,540
We're only four months through, right?

815
00:38:29,540 --> 00:38:32,580
Summer slowdown doesn't exist on Amazon.

816
00:38:32,580 --> 00:38:34,220
I'll put that out there, right?

817
00:38:34,220 --> 00:38:36,820
So don't worry about, oh, summer's coming.

818
00:38:36,820 --> 00:38:37,900
This is the end.

819
00:38:37,900 --> 00:38:39,460
The sun is getting hotter.

820
00:38:39,460 --> 00:38:41,260
People's wallets are drying up.

821
00:38:41,260 --> 00:38:42,660
The money is made of liquid.

822
00:38:42,660 --> 00:38:44,260
It's not gonna work.

823
00:38:44,260 --> 00:38:46,300
So we appreciate you listening and we'll talk to you

824
00:38:46,300 --> 00:38:48,300
in next week's episode.

825
00:38:48,300 --> 00:38:49,860
Thanks for listening to another episode

826
00:38:49,860 --> 00:38:51,900
of the resellers mindset podcast.

827
00:38:51,900 --> 00:38:54,220
Today's full episode and all previous episodes

828
00:38:54,220 --> 00:38:56,340
are available to all YouTube members

829
00:38:56,340 --> 00:38:59,180
along with the weekly zoom call and private discord.

830
00:38:59,180 --> 00:39:02,340
Head on over to youtube.com backslash to use book guy

831
00:39:02,340 --> 00:39:21,340
and consider joining for as little as 2.99 a month.

