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Welcome back to another episode of the Resellers Mindset

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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

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from the ground up.

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We also have a weekly Zoom call and private Discord

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for all YouTube members.

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Head on over to youtube.com backslash

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used book guy to join the channel

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and gain access to the full length podcast Zoom call

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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 back to another episode of Resellers Mindset podcast.

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Today's topic is a interesting one.

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It's kind of like the motivation why we all resell, right?

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Why do we do this?

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And I mean, there's millions of resellers out there.

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And I guarantee you, there's probably

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millions of different reasons why people actually

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start this business.

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I'll go first and make it short and sweet.

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I wanted to make more money and do less work, essentially,

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because those don't know I work full time in retail.

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CBS is a store manager.

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It sucked.

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I was miserable.

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I hated my life.

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I barely got to see my wife, my cats.

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And those are important things to me.

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So I look for a way out.

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Reselling just happened to be that.

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But you can't just do it.

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You also need the money.

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So I fully admit, I'm a greedy little bugger.

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I used to be dead broke, had tons of debt.

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Worked my way out of that debt through reselling.

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And being financially stable has taken a lot of stress

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off of my shoulders when you go from being absolutely broke,

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worrying about how you're going to be

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able to cover a vet bill for a cat,

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or if you got to get a flat tire repaired.

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It kind of has changed my mindset completely about life.

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And I know that sounds cheesy.

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I'm telling everybody, I'm a completely changed man now.

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But it is the truth.

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Money does cause a lot of stress in your life.

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And if you take the steps correctly

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to build a profitable business, you

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can see the light at the end of the tunnel

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and start working towards it.

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That's the initial reason why I started.

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I'm going to throw it to Johnny.

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I'm sure he's got something completely different.

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Yeah, mine was more control freak centric.

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Yeah, though as a partner and running my own business,

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I wanted something where I was in complete control

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and decided the entire pathway.

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The problem I had in corporate is in one business,

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I had business partners.

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So it wasn't all my say all the time.

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That was very functional and everything.

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The chain of command was very structured, worked very well.

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And then on my marketing business side,

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I had a very small team there and we had clients.

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You're beholden to the clients in that kind of business.

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And though I liked and enjoyed and made

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a lot of money with those, I wanted something that was mine,

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that I could hang my own shingle on and use my business

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to funnel into other businesses.

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Would it have been possible going the other route?

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Probably.

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Would I have had the full time to dedicate it?

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Not so much.

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Not with the two businesses I was running side

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by side each other.

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And adding a third just wouldn't be possible.

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There's not enough man hours, unfortunately.

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So yeah, mine was I just wanted complete and utter control

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for role domination was my reasoning.

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What's one of your, I guess you're really,

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I mean, you are kind of around the being in techs group

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and our group.

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What's like when somebody tells you their reason for reselling,

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like what's one of them that gets you excited

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about that person?

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I'll tell you what mine is.

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Maybe I'll steal yours first.

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I like when people try to retire,

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like their significant other from their job

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that they don't like, or like maybe a parent or a grandparent.

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I think that's like my favorite of them all.

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Like, hey, I wanna make as much money as I can

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so that my husband or my wife don't have to work

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at a job they don't like, or I can help support my,

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you know, grandparent who, you know, social security

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isn't enough money.

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I like those the most.

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What I like is more category based

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and that definitely fits into what I'm about to say.

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It's one of those categories.

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The category is a purpose-driven life that goes beyond you.

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And in your case, it was your spouse.

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You wanna retire your spouse or you know what?

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My kids got leukemia.

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I need the money.

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Medical bills be expensive, yo.

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Or you got cancer.

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You yourself have cancer.

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There's no way out.

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You're gonna die or you need medical treatment.

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So you need to, if you do die,

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you need to leave debt-free to everybody around you.

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Those kind of goals, I'm like, damn, that is the best reason.

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That goes beyond you as the person.

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I love those reasons that you got into reselling

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for the, not really the chance, but you got no choice.

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You gotta do it.

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You gotta make it work.

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And those people tend to be the most motivated people,

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including the people that wanna retire their spouse.

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It goes beyond them.

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That's the beautiful reason to resell, in my opinion.

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I do think a lot of people,

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the vast majority of resellers

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are the types of people we're talking about.

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Their why is like, it's an emotional connection.

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It's not just, oh, I just wanna make money, right?

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And don't get me wrong, I see it all the time.

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These crazy, you know, these crazy teenagers, Johnny,

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hopping into an OA business and they're just like,

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I wanna make as much money as I can

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so I can go buy a Lamborghini or something.

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I ain't got nothing against those people.

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I just think the majority of resellers,

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kinda like you said, if you have that important reason,

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like why you need to get up in the morning and do it,

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you know, I say it all the time.

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eBay sellers are the hardest working resellers out there

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and you need that motivation or you're just not gonna make it.

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I mean, if you don't have any motivation

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to get up in the morning, why are you gonna get up?

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Right, and another reason I've adapted

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as I started doing this for myself,

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other than do what I wanna do and the direction I wanna do it

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is the people that I employ or have work alongside me,

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either in a contract, well, not really contract,

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full-time employees or part-time employees,

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I wanna be able to have the ability to change their lives.

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That they would have been worse going to work at Starbucks

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than working for me, whether that's me having a conversation

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or helping them out, I need to do a house mortgage,

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how do I do it, Johnny?

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I need to have the capability to be able to do that,

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capacity to help them out.

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I think it's been very rewarding for myself

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in a selfish way, because I like helping people naturally,

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despite all the yelling I do.

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I do ultimately like helping people,

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but I like helping the right people,

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because you know what, I fired a crap ton of people.

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Those weren't the right people to help.

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I think you honestly fire a lot of people

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behind the scenes and the groups too, right?

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Like they just don't know it publicly,

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but like in your book, it's like delete,

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oof, when they're going.

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Yeah, they're off my, I don't wanna help you

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but I'm gonna give you the most mental answer

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when you ask me directly that I can.

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But if I see a person that literally asking

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the right question is literally putting in the work,

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yeah, I'll give you the full fledged,

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here's a pure outline of what you need to do reason

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versus everybody's free to run their business

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how they see fit answer.

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Such a compound answer, but I love it,

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because I know what it means.

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So we get back to the idea of you being motivated,

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you have a why, no matter what it is,

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we all have a why we do this, it needs to translate

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into actual work though, right?

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At the end of the day, if I wanna be able to cover

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the vet bills or like I just got brakes and rotors

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on the 2008 Nissan Altima, cost me 800 bucks out the door.

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It's like, if I wanna be able to pay for this, Johnny,

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I actually have to go source the products

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and sell the products to get money coming back

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into bank account.

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I think this is where we kind of get lost.

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Some of us are so strong, I wanna do this

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because I wanna quit my job

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or I wanna support my significant other.

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And then we kind of fall flat

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after that initial motivation of here's why we wanna do this.

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And all of a sudden, like the plane's going down the runway

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and like the front wheel goes up

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and then just come straight back down and then plane stops.

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Yeah, and I think the motivation of I wanna make money

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or I wanna make a hundred thousand dollars a year,

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that's the number that's tossed around the most

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in our industry.

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And it's like, okay, what are you gonna do with it?

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Like, what's the reason behind it?

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Wanting to make money for money's sake?

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One, there's probably easier ways to go about that.

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Two, you need a bigger motivator.

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Again, it needs to translate outside of you.

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You need to be building towards something.

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Putting some abstract, what sounds nice for others to hear.

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I mean, yeah, my goal is to make a hundred grand.

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Yeah, that sounds nice, but what are you gonna do with it?

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And a lot of people don't have an answer for that,

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surprisingly.

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Other than pay off debt or upgrade their quality of life,

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Lambo style, and it's like, okay,

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that's a bullshit reason to do this at all.

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You are kind of on your way to failure.

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You know what?

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I don't see those people after a year.

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Well, sooner or later, I mean,

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your debt's gonna be paid off.

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It just, you gotta make changes in your lifestyle.

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Overall, I've been talking about it now for two years.

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Me and Deb trying to buy a house.

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Every month, money goes into the house fund, right?

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And I'm not just gonna jump into a house

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just because I'm sitting here telling you guys

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I wanna be in a house.

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I do, I'm on the third floor.

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I gotta carry thousands of books and CDs and DVDs,

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up and down steps,

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but you have to make calculated decisions across the board.

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We're not just gonna buy a house, just to buy a house.

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Deb tells me this all the time, Johnny,

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because I'm on Trulia every night,

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like where this is gonna be the night,

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and it just doesn't happen,

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but you keep working towards that.

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And as long as you see progress for your goals,

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whatever that may be,

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and we all should have like immediate goals, right?

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Like maybe I immediately wanna go get new tires

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or have an emergency fund, right?

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That's my immediate goal.

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What's the next one?

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What's the next one?

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What's the next one?

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Plan ahead, because once you get this business rocking

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and rolling, you're gonna be making more money

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than you ever have in your life.

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And if that money don't have somewhere to go,

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it's just gonna burn up.

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You ain't gonna know what happened to it.

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So be purposeful about, you know,

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once you start growing this business,

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what is your plan to do with this?

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Because now, yeah, like I've never made,

260
00:09:56,880 --> 00:09:58,240
as much money as I'm making now,

261
00:09:58,240 --> 00:10:00,000
it's the most I've made in my life, right?

262
00:10:00,000 --> 00:10:01,520
Like, yeah, it's not a shit ton,

263
00:10:01,520 --> 00:10:03,300
but it's a lot more than I was making.

264
00:10:03,300 --> 00:10:05,980
So if I was just kind of keep going down the same path,

265
00:10:05,980 --> 00:10:07,960
I wouldn't literally be nowhere.

266
00:10:07,960 --> 00:10:09,680
All right, I'm gonna go on two odds

267
00:10:09,680 --> 00:10:11,040
ends of the spectrum here.

268
00:10:11,040 --> 00:10:14,740
One, for your part-time people or your hobbyist people,

269
00:10:14,740 --> 00:10:16,800
you want extra trip money.

270
00:10:16,800 --> 00:10:18,460
Your goal is to do trips.

271
00:10:18,460 --> 00:10:19,820
Cool goal, love it.

272
00:10:20,940 --> 00:10:22,000
Go on all the trips you want.

273
00:10:22,000 --> 00:10:25,520
So your goal is very achievable.

274
00:10:25,520 --> 00:10:27,400
I'd say it's probably the easiest of all goals.

275
00:10:27,400 --> 00:10:28,720
And I'm not downgrading that.

276
00:10:28,720 --> 00:10:30,000
That's your personal goal.

277
00:10:30,000 --> 00:10:32,260
Cause either you have retirement or pension,

278
00:10:32,260 --> 00:10:34,680
probably if your goal is just extra trip money.

279
00:10:34,680 --> 00:10:36,240
That's fantastic.

280
00:10:36,240 --> 00:10:37,320
You don't have to,

281
00:10:39,080 --> 00:10:42,780
and our friends, Hunley and Sam did an interesting one.

282
00:10:42,780 --> 00:10:44,280
Everybody has a different type of mountain

283
00:10:44,280 --> 00:10:45,640
they're trying to climb, right?

284
00:10:45,640 --> 00:10:46,960
I think that's a perfect analogy.

285
00:10:46,960 --> 00:10:47,780
And I'm gonna steal it.

286
00:10:47,780 --> 00:10:49,520
And I hope they listen to this and hate me for it.

287
00:10:49,520 --> 00:10:50,360
I really do.

288
00:10:51,640 --> 00:10:54,000
Or what kind of trail do you wanna go on here?

289
00:10:54,000 --> 00:10:55,260
My analogy is better.

290
00:10:55,260 --> 00:10:56,720
How long is your trail, right?

291
00:10:56,720 --> 00:10:58,440
How long do you need to keep on walking

292
00:10:58,440 --> 00:10:59,840
to get to where you need to go?

293
00:10:59,840 --> 00:11:02,120
And some people's paths are rockier than others

294
00:11:02,120 --> 00:11:03,880
or some people are, there is no trail.

295
00:11:03,880 --> 00:11:06,600
I have to make my own, your trailblazer, right?

296
00:11:06,600 --> 00:11:07,920
Ha ha, better analogy, I win.

297
00:11:07,920 --> 00:11:08,760
Anyway,

298
00:11:10,700 --> 00:11:12,300
go into the other end of the spectrum

299
00:11:12,300 --> 00:11:14,200
where your goal is so high.

300
00:11:15,160 --> 00:11:17,600
They are there before they know it.

301
00:11:17,600 --> 00:11:19,000
They don't even realize that they're there.

302
00:11:19,000 --> 00:11:21,240
If your goal is so out there,

303
00:11:21,240 --> 00:11:23,560
cause you work harder, cause it's never enough, right?

304
00:11:23,560 --> 00:11:25,460
There's people that it's never enough for,

305
00:11:25,460 --> 00:11:27,200
I think get to their goals way faster

306
00:11:27,200 --> 00:11:29,520
because it's just so monumentally high.

307
00:11:31,940 --> 00:11:34,960
But our business is reselling, right?

308
00:11:36,000 --> 00:11:39,000
In my opinion, reselling is,

309
00:11:39,000 --> 00:11:42,720
enables you to do, cause to go off in other things,

310
00:11:42,720 --> 00:11:45,600
to do other businesses or other ventures

311
00:11:45,600 --> 00:11:47,840
or other investment opportunities.

312
00:11:47,840 --> 00:11:49,160
Cause we always say this all the time.

313
00:11:49,160 --> 00:11:51,500
We can't be doing this until we're 90, right?

314
00:11:51,500 --> 00:11:53,760
So you have to use your reselling money smartly.

315
00:11:53,760 --> 00:11:55,600
So yeah, pay off your bills,

316
00:11:55,600 --> 00:11:57,760
do those extra trips you wanna do.

317
00:11:57,760 --> 00:12:00,080
But then you gotta start piling your money into

318
00:12:00,080 --> 00:12:02,160
what's the exit, how am I exiting?

319
00:12:02,160 --> 00:12:03,620
There's so many different ways to exit.

320
00:12:03,620 --> 00:12:05,280
And that's gonna be based off the individual

321
00:12:05,280 --> 00:12:07,840
and what and how they wanna do things.

322
00:12:07,840 --> 00:12:11,320
Like me, I wanna do stuff you can't buy on the internet.

323
00:12:11,320 --> 00:12:12,520
That's sustainable to me.

324
00:12:12,520 --> 00:12:15,560
Cause I don't need the internet, e-bomb hits,

325
00:12:15,560 --> 00:12:16,380
nothing works.

326
00:12:16,380 --> 00:12:17,220
You know what?

327
00:12:17,220 --> 00:12:19,140
My doors are still open cause of things I've set up

328
00:12:19,140 --> 00:12:22,080
to being able to supply the world in case of the apocalypse.

329
00:12:22,080 --> 00:12:22,920
So there you go.

330
00:12:22,920 --> 00:12:24,160
Oh my God, dude.

331
00:12:24,160 --> 00:12:25,440
Conspiracy theorists.

332
00:12:25,440 --> 00:12:27,360
I wanna catch Bigfoot as well, Johnny.

333
00:12:27,360 --> 00:12:28,880
So get in line.

334
00:12:28,880 --> 00:12:30,160
I do think though it's important

335
00:12:30,160 --> 00:12:32,640
because we get so caught up.

336
00:12:32,640 --> 00:12:36,360
I know a lot of resellers work crazy amounts of hours,

337
00:12:36,360 --> 00:12:37,200
right?

338
00:12:37,200 --> 00:12:38,740
Like way more than I work.

339
00:12:38,740 --> 00:12:42,840
And you don't know like when your ticket's gonna be pulled,

340
00:12:42,840 --> 00:12:43,680
right?

341
00:12:43,680 --> 00:12:44,720
Like when you're gonna be sitting

342
00:12:44,720 --> 00:12:46,600
in front of the pearly gates.

343
00:12:46,600 --> 00:12:48,520
And unfortunately, you know,

344
00:12:48,520 --> 00:12:51,560
we can't predict these things and life happens, you know,

345
00:12:51,560 --> 00:12:55,120
whether it's you or somebody that's close to you, you know,

346
00:12:55,120 --> 00:12:56,280
today could be your last day.

347
00:12:56,280 --> 00:12:59,000
Do you wanna spend it reselling 16 hours a day?

348
00:12:59,000 --> 00:13:02,020
No, like, I mean, I know Johnny will get flack

349
00:13:02,020 --> 00:13:04,200
and I get flack about talking about not wanting to do this

350
00:13:04,200 --> 00:13:07,060
when we're, you know, of retirement age,

351
00:13:07,060 --> 00:13:10,440
but I honestly think you've gotta enjoy life

352
00:13:10,440 --> 00:13:12,280
and you gotta have a plan to enjoy life.

353
00:13:12,280 --> 00:13:14,880
So why not bust our ass today?

354
00:13:14,880 --> 00:13:18,680
So when the time comes and me and Johnny are so old,

355
00:13:18,680 --> 00:13:21,240
we just keep repeating ourselves on the podcast

356
00:13:21,240 --> 00:13:23,640
and like, you know, we got like one listener

357
00:13:23,640 --> 00:13:27,160
and it's like, you know, it's our great grand cats

358
00:13:27,160 --> 00:13:29,080
and like that's the extent of it.

359
00:13:29,080 --> 00:13:32,880
I think we have to start using today

360
00:13:32,880 --> 00:13:35,040
to better ourselves in the future

361
00:13:35,040 --> 00:13:36,700
when it comes to reselling.

362
00:13:36,700 --> 00:13:37,720
And I know it's easy to say,

363
00:13:37,720 --> 00:13:39,760
but we're working for a better tomorrow, right?

364
00:13:39,760 --> 00:13:41,320
We really are.

365
00:13:41,320 --> 00:13:43,720
But we don't, sometimes tomorrow comes sooner than later.

366
00:13:43,720 --> 00:13:48,520
Cause as you said, eBay, Amazon can issue us pink slips,

367
00:13:48,520 --> 00:13:49,360
right?

368
00:13:49,360 --> 00:13:50,560
We aren't in control of our business.

369
00:13:50,560 --> 00:13:52,640
And again, that goes back to my earlier point.

370
00:13:52,640 --> 00:13:53,460
I'm a control freak.

371
00:13:53,460 --> 00:13:54,680
I want complete control.

372
00:13:54,680 --> 00:13:57,060
So that's why I got to use this to funnel out

373
00:13:57,060 --> 00:13:59,800
to other avenues I want to go.

374
00:13:59,800 --> 00:14:02,000
But what if your ticket gets punched too early

375
00:14:02,000 --> 00:14:04,240
and you've thought about these things that,

376
00:14:04,240 --> 00:14:07,680
hey, I'll invest in my online portfolio

377
00:14:07,680 --> 00:14:09,800
or I'll venture into other avenues

378
00:14:09,800 --> 00:14:12,200
that I don't need eBay and Amazon for,

379
00:14:12,200 --> 00:14:14,040
or hey, I'm just buying bars of gold

380
00:14:14,040 --> 00:14:15,600
and putting it in my safe, sure.

381
00:14:15,600 --> 00:14:20,600
If you don't ever start when those inevitabilities come

382
00:14:22,240 --> 00:14:25,880
or you get a chronic disease like Huntington's,

383
00:14:25,880 --> 00:14:27,440
you aren't prepared.

384
00:14:27,440 --> 00:14:28,320
Be prepared.

385
00:14:28,320 --> 00:14:29,280
Start today.

386
00:14:29,280 --> 00:14:30,520
Start thinking about it.

387
00:14:30,520 --> 00:14:33,920
Just put all your crazy, what you could do ideas

388
00:14:33,920 --> 00:14:35,960
and just start, okay, once you got your idea list,

389
00:14:35,960 --> 00:14:37,240
start doing your due diligence,

390
00:14:37,240 --> 00:14:41,280
research this stuff and make the right decision for you.

391
00:14:41,280 --> 00:14:43,840
I'm never ever gonna get somebody financial advice

392
00:14:43,840 --> 00:14:44,720
unless it's named my,

393
00:14:44,720 --> 00:14:48,200
but anyway, make it for you.

394
00:14:48,200 --> 00:14:49,960
Yeah, yeah, and another thing is,

395
00:14:49,960 --> 00:14:52,400
we're not telling you to be miserable today, right?

396
00:14:52,400 --> 00:14:53,720
Like me and Johnny aren't miserable.

397
00:14:53,720 --> 00:14:54,640
I mean, I don't know about Johnny,

398
00:14:54,640 --> 00:14:56,960
but I'm the furthest thing from miserable, right?

399
00:14:56,960 --> 00:15:01,480
And I do enjoy the fruits of my labor, they say, right?

400
00:15:01,480 --> 00:15:04,960
Like if I wanna go do this or pay for my breaks

401
00:15:04,960 --> 00:15:07,480
or like, I don't have to think twice

402
00:15:07,480 --> 00:15:09,120
about going to look at my bank account

403
00:15:09,120 --> 00:15:10,520
seeing if there's money there.

404
00:15:10,520 --> 00:15:12,440
Or if me and Deb wanna go out to eat

405
00:15:12,440 --> 00:15:14,240
or we wanna go here, we wanna go there,

406
00:15:14,240 --> 00:15:16,480
we can get this, we can get that.

407
00:15:16,480 --> 00:15:19,360
You have to enjoy while you're in it.

408
00:15:19,360 --> 00:15:20,280
You gotta enjoy yourself

409
00:15:20,280 --> 00:15:23,240
while you're making progress towards your goal

410
00:15:23,240 --> 00:15:24,360
or you're not gonna do it, right?

411
00:15:24,360 --> 00:15:26,680
Because if me and Johnny are telling you,

412
00:15:26,680 --> 00:15:28,160
oh, work 80 hours,

413
00:15:28,160 --> 00:15:30,200
we're not telling you to work 80 hours a week today

414
00:15:30,200 --> 00:15:32,400
so you can have all, you know, in 10 years.

415
00:15:32,400 --> 00:15:35,440
We're saying refine your business today,

416
00:15:35,440 --> 00:15:37,360
enjoy what you're doing today,

417
00:15:37,360 --> 00:15:38,640
but always have that plan

418
00:15:38,640 --> 00:15:40,600
that you're not gonna be always doing this

419
00:15:40,600 --> 00:15:42,160
because at the end of the day,

420
00:15:42,160 --> 00:15:43,760
everybody wants to retire, right?

421
00:15:43,760 --> 00:15:46,000
Like, sure, reselling's fun, you know,

422
00:15:46,000 --> 00:15:48,040
selling the crap we sell is fun.

423
00:15:48,040 --> 00:15:49,760
But like, if I had, I mean,

424
00:15:49,760 --> 00:15:51,920
anybody out there listening to this,

425
00:15:51,920 --> 00:15:53,960
if I said, hey, here's enough money

426
00:15:53,960 --> 00:15:55,680
so you don't have to do this no more, right?

427
00:15:55,680 --> 00:15:57,080
There's no point in continuing to do it.

428
00:15:57,080 --> 00:15:59,400
Go enjoy life, plant a garden,

429
00:15:59,400 --> 00:16:01,240
travel the world, do something else.

430
00:16:01,240 --> 00:16:03,360
And if you don't enjoy yourself in the moment,

431
00:16:03,360 --> 00:16:04,200
you're not gonna do it.

432
00:16:04,200 --> 00:16:06,560
Yeah, I'm gonna sit with reselling if it's a grind, right?

433
00:16:06,560 --> 00:16:08,080
And that's what it turns into.

434
00:16:08,080 --> 00:16:10,040
So then your why really doesn't mean nothing

435
00:16:10,040 --> 00:16:11,800
because you're miserable all day.

436
00:16:11,800 --> 00:16:13,360
Who cares what your why is?

437
00:16:13,360 --> 00:16:15,920
If I got to get up at 6 a.m. and be a miserable person

438
00:16:15,920 --> 00:16:17,920
and go list stuff on eBay that's not gonna sell,

439
00:16:17,920 --> 00:16:20,600
then it don't matter what your why is.

440
00:16:20,600 --> 00:16:23,520
Right, and like for myself, I love business

441
00:16:23,520 --> 00:16:25,720
and I love pumping hours into this.

442
00:16:25,720 --> 00:16:27,320
I actually do, it's not work to me.

443
00:16:27,320 --> 00:16:29,400
It doesn't feel like work.

444
00:16:29,400 --> 00:16:30,640
The only time it really feels like work

445
00:16:30,640 --> 00:16:33,800
is when I'm moving books from point A to point B

446
00:16:33,800 --> 00:16:36,120
and it's a lot of books I'm moving from point A to point B.

447
00:16:36,120 --> 00:16:37,960
That's the only part it really feels like work to me

448
00:16:37,960 --> 00:16:39,480
or boxes at least.

449
00:16:39,480 --> 00:16:41,320
Everything else is enjoyable to me

450
00:16:41,320 --> 00:16:43,680
and if you're not that person, that's fine.

451
00:16:44,760 --> 00:16:48,280
But figure out your plan and here have a visual.

452
00:16:48,280 --> 00:16:50,800
I like marker boards, some of you may like chalk boards,

453
00:16:50,800 --> 00:16:54,920
some of you may like, I don't know, paper and sticky notes,

454
00:16:54,920 --> 00:16:56,200
but put it in your face.

455
00:16:56,200 --> 00:16:58,200
Look at it constantly as a reminder.

456
00:16:58,200 --> 00:17:00,400
This is why I'm doing this.

457
00:17:00,400 --> 00:17:02,360
We're more than five minutes in.

458
00:17:02,360 --> 00:17:04,600
Bullshit, because it is bullshit.

459
00:17:04,600 --> 00:17:07,560
We do a lot of bullshit every day.

460
00:17:07,560 --> 00:17:09,640
It's true.

461
00:17:09,640 --> 00:17:12,640
I think you should just have a picture of me as your why.

462
00:17:12,640 --> 00:17:14,720
Maybe you can do it only back there on your whiteboard

463
00:17:14,720 --> 00:17:17,360
so it can be seen for those watching over on YouTube.

464
00:17:17,360 --> 00:17:19,960
But you're right though, you gotta,

465
00:17:19,960 --> 00:17:22,280
sometimes you need a reminder of why, right?

466
00:17:22,280 --> 00:17:25,480
Especially if you have a crappy day, we've all been there.

467
00:17:25,480 --> 00:17:26,720
Things don't go your way,

468
00:17:26,720 --> 00:17:28,320
you don't find anything at the thrift store,

469
00:17:28,320 --> 00:17:30,440
you gotta go pick up a thousand pounds of books,

470
00:17:30,440 --> 00:17:32,840
it's 150 degrees outside.

471
00:17:32,840 --> 00:17:36,120
You need to be motivated because if you ain't the judge,

472
00:17:36,120 --> 00:17:37,960
you ain't getting done or you're not going

473
00:17:37,960 --> 00:17:39,040
to the next thrift store.

474
00:17:39,040 --> 00:17:40,640
And I talk about it all the time in my videos,

475
00:17:40,640 --> 00:17:42,720
like when I run my thrifting routes,

476
00:17:42,720 --> 00:17:44,560
we start at the furthest thrift store

477
00:17:44,560 --> 00:17:46,800
because if you go to that first one,

478
00:17:46,800 --> 00:17:48,360
there ain't nothing, dude.

479
00:17:48,360 --> 00:17:49,680
That's it, your day's job.

480
00:17:49,680 --> 00:17:50,520
I love that.

481
00:17:50,520 --> 00:17:51,360
I'm the same way.

482
00:17:51,360 --> 00:17:54,640
I'm like, okay, I'm gonna do the crappiest task first.

483
00:17:54,640 --> 00:17:56,880
Whatever it is, I don't wanna do it.

484
00:17:56,880 --> 00:17:58,920
I'm gonna get out of the way first.

485
00:17:58,920 --> 00:18:01,200
And then the easiest tour by the end of the day.

486
00:18:01,200 --> 00:18:04,520
Because to me, and I guess to you as well,

487
00:18:04,520 --> 00:18:07,200
getting that out of the way makes the rest of the day

488
00:18:07,200 --> 00:18:08,040
so much more enjoyable.

489
00:18:08,040 --> 00:18:08,880
If you wait till the very end,

490
00:18:08,880 --> 00:18:10,160
it's like doing your homework, right?

491
00:18:10,160 --> 00:18:11,000
Or cramming for an exam.

492
00:18:11,000 --> 00:18:12,320
It's exactly the same way.

493
00:18:12,320 --> 00:18:14,480
If you just did it when it was assigned

494
00:18:14,480 --> 00:18:17,040
or when you found out it's coming up,

495
00:18:17,040 --> 00:18:19,800
instead of chewing the all night cram session

496
00:18:19,800 --> 00:18:21,360
and staying up till like four in the morning

497
00:18:21,360 --> 00:18:23,200
with Red Bull and coffee,

498
00:18:23,200 --> 00:18:25,600
you're just a glutton for punishment, honestly.

499
00:18:26,760 --> 00:18:28,960
Another thing you have to realize is

500
00:18:28,960 --> 00:18:31,120
as you're going along, right?

501
00:18:31,120 --> 00:18:33,680
Listen, if you don't thank me and Johnny for this,

502
00:18:33,680 --> 00:18:36,520
don't thank me and Johnny have been down in the dumps.

503
00:18:36,520 --> 00:18:38,120
You're dead wrong.

504
00:18:38,120 --> 00:18:41,720
Me and Johnny have conversations weekly basis

505
00:18:41,720 --> 00:18:43,000
about what we got going on.

506
00:18:43,000 --> 00:18:44,360
And some weeks suck for us,

507
00:18:44,360 --> 00:18:46,840
some weeks suck for me, suck for him.

508
00:18:46,840 --> 00:18:48,040
So we're not sitting here telling you

509
00:18:48,040 --> 00:18:50,120
we're the most bubbly, is amazing,

510
00:18:50,120 --> 00:18:52,200
happy, jolly, is resellers out there.

511
00:18:52,200 --> 00:18:55,440
We deal with the same thing everybody else deals with.

512
00:18:55,440 --> 00:18:58,640
It's just a matter of we see past it, right?

513
00:18:58,640 --> 00:19:02,680
And it is important to have somebody or community

514
00:19:02,680 --> 00:19:04,880
around you so when you are in the dumps,

515
00:19:04,880 --> 00:19:06,160
somebody can lift you up, right?

516
00:19:06,160 --> 00:19:09,160
That's why we try to stay away from all the nonsense,

517
00:19:09,160 --> 00:19:13,560
whiny, crying, reselling, this is the end type material

518
00:19:13,560 --> 00:19:16,720
because you can easily get sucked down that rabbit hole,

519
00:19:16,720 --> 00:19:18,960
especially in the world of social media.

520
00:19:18,960 --> 00:19:21,000
Everybody's got every platform.

521
00:19:21,000 --> 00:19:23,360
The most popular stuff is usually the negative stuff

522
00:19:23,360 --> 00:19:24,920
and it can easily pull you down.

523
00:19:24,920 --> 00:19:26,280
So don't think me and Johnny are like always

524
00:19:26,280 --> 00:19:28,280
like the jolliest resellers out there.

525
00:19:28,280 --> 00:19:31,360
I'll tell you right now, like I try to,

526
00:19:31,360 --> 00:19:33,080
those that don't know, me and Johnny had a bet

527
00:19:33,080 --> 00:19:36,080
who could have more in sales in July.

528
00:19:36,080 --> 00:19:38,200
And if I won, Johnny would have had to shave that beard

529
00:19:38,200 --> 00:19:40,000
on his face and I lost.

530
00:19:40,000 --> 00:19:45,000
And I honestly, I took four or five days off this week

531
00:19:45,200 --> 00:19:47,800
just to kind of recharge my batteries.

532
00:19:47,800 --> 00:19:50,120
And I still sent some stuff out.

533
00:19:50,120 --> 00:19:53,640
I went to the thrift store, I did some shopping for clothes

534
00:19:53,640 --> 00:19:55,120
because I lost too much weight.

535
00:19:55,120 --> 00:19:57,800
So now like none of my cool clothes fit me anymore.

536
00:19:57,800 --> 00:19:58,840
So I'm a cheapo.

537
00:19:58,840 --> 00:19:59,760
So I go to the thrift store,

538
00:19:59,760 --> 00:20:01,200
I'm just not buying myself at the thrift store.

539
00:20:01,200 --> 00:20:02,080
I don't care.

540
00:20:02,080 --> 00:20:04,640
And I guess that the moral of the story is like,

541
00:20:04,640 --> 00:20:07,840
you're not always gonna be able to go on a thousand percent.

542
00:20:07,840 --> 00:20:10,480
Like I know that's what you see, right?

543
00:20:10,480 --> 00:20:13,560
You see the videos and Deb even tells me this all the time.

544
00:20:13,560 --> 00:20:15,880
I'm watching a video and I'm like, I gotta go do work

545
00:20:15,880 --> 00:20:18,000
because I don't feel like I'm working because look,

546
00:20:18,000 --> 00:20:20,320
this person's working right here on the screen.

547
00:20:20,320 --> 00:20:22,200
That is not the reality of reselling.

548
00:20:22,200 --> 00:20:24,440
You're not always gonna be out there hustling and busting.

549
00:20:24,440 --> 00:20:25,540
You need days off.

550
00:20:25,540 --> 00:20:27,920
I don't care if Johnny tells you he works seven days,

551
00:20:27,920 --> 00:20:29,920
every day, open to close.

552
00:20:29,920 --> 00:20:31,080
That's a okay for him.

553
00:20:31,080 --> 00:20:33,200
He can, he's got that figured out,

554
00:20:33,200 --> 00:20:35,880
but the average reseller like myself,

555
00:20:35,880 --> 00:20:37,600
I'm gonna tell you, you need days off.

556
00:20:37,600 --> 00:20:40,160
We even plan this podcast now that me and Johnny

557
00:20:40,160 --> 00:20:42,120
have a weekend off from reporting the podcast.

558
00:20:42,120 --> 00:20:44,360
So we plan ahead, planning ahead.

559
00:20:44,360 --> 00:20:46,120
We've kind of been talking about this the whole time.

560
00:20:46,120 --> 00:20:46,960
What's your future?

561
00:20:46,960 --> 00:20:47,800
What's your why?

562
00:20:47,800 --> 00:20:48,620
Planning ahead.

563
00:20:48,620 --> 00:20:50,160
What do you want it to look like?

564
00:20:50,160 --> 00:20:52,520
If you start doing that within your business,

565
00:20:52,520 --> 00:20:53,600
then you can have time off.

566
00:20:53,600 --> 00:20:55,560
Then you can go on the vacation.

567
00:20:55,560 --> 00:20:57,840
I think it'd be cool to go on a vacation, like just,

568
00:20:57,840 --> 00:20:58,760
and it's all paid for.

569
00:20:58,760 --> 00:20:59,600
You just show up.

570
00:20:59,600 --> 00:21:00,840
I already paid all my cash

571
00:21:00,840 --> 00:21:02,680
and everything's just keep feeding me,

572
00:21:02,680 --> 00:21:04,920
keep giving me the booze,

573
00:21:04,920 --> 00:21:06,800
whatever we got going on on the cruise,

574
00:21:06,800 --> 00:21:09,000
on whatever kind of vacation you want.

575
00:21:09,000 --> 00:21:10,280
Like that's motivating.

576
00:21:10,280 --> 00:21:12,120
Then, no, I don't knock anybody's.

577
00:21:12,120 --> 00:21:13,320
We got a lot of part-timers.

578
00:21:13,320 --> 00:21:14,600
You kind of hit on it.

579
00:21:14,600 --> 00:21:17,680
The part-timers, they can have the craziest whys, right?

580
00:21:17,680 --> 00:21:18,600
Like we always mess around.

581
00:21:18,600 --> 00:21:21,640
We got Tommy Boy, University of Michigan alumni.

582
00:21:21,640 --> 00:21:23,680
Like we always just say he donates his money

583
00:21:23,680 --> 00:21:24,880
to the University of Michigan.

584
00:21:24,880 --> 00:21:26,040
And who knows, he might, right?

585
00:21:26,040 --> 00:21:29,520
Like he might just donate all of his money to the college,

586
00:21:29,520 --> 00:21:31,080
but your why can't be anything

587
00:21:31,080 --> 00:21:32,640
as long as it motivates you to get out there

588
00:21:32,640 --> 00:21:34,080
and get results.

589
00:21:34,080 --> 00:21:36,480
And don't worry, the beer's still up for grabs.

590
00:21:36,480 --> 00:21:38,320
I got two other bets with two other people.

591
00:21:38,320 --> 00:21:40,760
I'm probably gonna lose both of those, to be honest,

592
00:21:40,760 --> 00:21:41,960
but I love that.

593
00:21:41,960 --> 00:21:44,360
If me shaving is your motivator

594
00:21:44,360 --> 00:21:47,800
to work your business harder, fine, so be it.

595
00:21:47,800 --> 00:21:49,200
I'll shave for you.

596
00:21:49,200 --> 00:21:51,800
But I think that's in a healthy way.

597
00:21:51,800 --> 00:21:54,720
You need something to drive you a bit more

598
00:21:54,720 --> 00:21:56,280
than just doing the day-to-day,

599
00:21:56,280 --> 00:21:57,880
whether it's a friendly bet with a colleague,

600
00:21:57,880 --> 00:21:59,520
like I've done with apparently three people

601
00:21:59,520 --> 00:22:00,920
and I'm one for three so far.

602
00:22:00,920 --> 00:22:02,600
We'll see if that holds, doubtful.

603
00:22:04,200 --> 00:22:07,320
But I think friendly competition's healthy

604
00:22:07,320 --> 00:22:09,840
because last month was one of your better months, yeah,

605
00:22:09,840 --> 00:22:11,200
because you were semi-motivated.

606
00:22:11,200 --> 00:22:13,400
I mean, you were gonna do the work anyway,

607
00:22:13,400 --> 00:22:16,320
but maybe you did a couple extra boxes, but it paid off.

608
00:22:17,320 --> 00:22:18,640
Debbie even told me,

609
00:22:18,640 --> 00:22:21,320
but I said, I'm taking the rest of this week off.

610
00:22:21,320 --> 00:22:23,560
She said, that's because you lost to Johnny.

611
00:22:23,560 --> 00:22:25,040
I'm like, yeah, you're probably right.

612
00:22:25,040 --> 00:22:28,960
He crushed my soul into oblivion,

613
00:22:28,960 --> 00:22:32,120
so I was forced to take four or five days off

614
00:22:32,120 --> 00:22:35,080
and they really weren't days off, right?

615
00:22:35,080 --> 00:22:36,960
I still packed a box every single day.

616
00:22:36,960 --> 00:22:37,960
I didn't go thrifting.

617
00:22:37,960 --> 00:22:39,880
I had inventory here to send out.

618
00:22:39,880 --> 00:22:41,240
So I think we're at full blown days off,

619
00:22:41,240 --> 00:22:46,200
but you gotta focus on today to get to your future.

620
00:22:46,200 --> 00:22:47,280
If you're miserable today,

621
00:22:47,280 --> 00:22:49,440
the future ain't never gonna exist.

622
00:22:49,440 --> 00:22:51,640
If you're just the person that's miserable today,

623
00:22:51,640 --> 00:22:53,080
you're never gonna get to those end goals

624
00:22:53,080 --> 00:22:54,840
because you're not gonna last, right?

625
00:22:54,840 --> 00:22:56,040
If you hate what you do,

626
00:22:56,040 --> 00:22:58,800
Johnny hates sitting in that chair and doing this podcast.

627
00:22:58,800 --> 00:23:01,760
There's no way we'd be at 90 something episodes today,

628
00:23:01,760 --> 00:23:02,600
right?

629
00:23:02,600 --> 00:23:04,720
Like if we didn't enjoy doing this, it wouldn't exist.

630
00:23:04,720 --> 00:23:06,720
Sure, it would exist for a little bit.

631
00:23:06,720 --> 00:23:08,600
And I think this is what happens with a lot of people

632
00:23:08,600 --> 00:23:10,520
is they start something.

633
00:23:10,520 --> 00:23:13,240
You see a lot of it with YouTube and resellers on YouTube.

634
00:23:13,240 --> 00:23:15,120
You'll see a new reseller.

635
00:23:15,120 --> 00:23:16,840
You'll start watching their videos

636
00:23:16,840 --> 00:23:19,120
and then they kind of fall off the platform.

637
00:23:19,120 --> 00:23:21,520
The people that stick around are the ones that enjoy it,

638
00:23:21,520 --> 00:23:22,360
right?

639
00:23:22,360 --> 00:23:23,320
I'll be the one to tell you.

640
00:23:23,320 --> 00:23:25,360
You don't make no money reselling on YouTube.

641
00:23:25,360 --> 00:23:27,560
You think I make any type of money,

642
00:23:27,560 --> 00:23:31,440
I'll make 150 bucks in ad revenue a month on YouTube.

643
00:23:31,440 --> 00:23:33,080
I pay my editor more than that.

644
00:23:33,080 --> 00:23:34,360
So if this wasn't something,

645
00:23:34,360 --> 00:23:37,720
if I wasn't motivated to help other people

646
00:23:37,720 --> 00:23:40,920
and see the results I got and the situation I got out of

647
00:23:40,920 --> 00:23:43,000
and wanna see other people do the same,

648
00:23:43,000 --> 00:23:44,520
this whole thing would not exist.

649
00:23:44,520 --> 00:23:46,000
There wouldn't even be a chance of doubt

650
00:23:46,000 --> 00:23:47,840
because there ain't no money in it, right?

651
00:23:47,840 --> 00:23:50,800
Maybe if I wind up with a million subscribers

652
00:23:50,800 --> 00:23:53,720
a thousand years from now, I'll make some type of money.

653
00:23:53,720 --> 00:23:56,720
But today, my motivation is helping other people.

654
00:23:56,720 --> 00:23:57,840
That's why we have the group.

655
00:23:57,840 --> 00:23:59,600
That's why it's only 2.99.

656
00:23:59,600 --> 00:24:02,320
I know I should raise the price, whatever shameless plug.

657
00:24:02,320 --> 00:24:03,320
Yeah, you should.

658
00:24:03,320 --> 00:24:05,480
But it should be,

659
00:24:05,480 --> 00:24:06,880
if I don't have the motivating factor

660
00:24:06,880 --> 00:24:09,160
of helping somebody else get out of a situation,

661
00:24:09,160 --> 00:24:10,760
my YouTube channel doesn't exist.

662
00:24:10,760 --> 00:24:12,120
This podcast doesn't exist.

663
00:24:12,120 --> 00:24:13,400
This group doesn't exist.

664
00:24:13,400 --> 00:24:17,200
Johnny as a person in my life doesn't even exist.

665
00:24:17,200 --> 00:24:18,760
I'll exist just without you.

666
00:24:18,760 --> 00:24:21,760
I don't exist just because you do.

667
00:24:21,760 --> 00:24:24,560
It's like snap my fingers like Thanos and you're gone.

668
00:24:24,560 --> 00:24:25,760
You just turn the dust away.

669
00:24:25,760 --> 00:24:27,760
But I mean, if you think about it, right?

670
00:24:27,760 --> 00:24:30,440
Like that's the motivating factor for this YouTube channel

671
00:24:30,440 --> 00:24:32,840
for this podcast is to help other people.

672
00:24:32,840 --> 00:24:34,960
If we didn't enjoy helping other people,

673
00:24:34,960 --> 00:24:36,480
then we won't waste our time.

674
00:24:36,480 --> 00:24:39,440
If me or you were miserable doing this, we won't do it.

675
00:24:39,440 --> 00:24:41,840
I make more money by not helping people.

676
00:24:43,840 --> 00:24:46,240
Truth be told, I just work more.

677
00:24:46,240 --> 00:24:48,040
It's the truth.

678
00:24:48,040 --> 00:24:51,840
If we think about, I know for a fact, right?

679
00:24:51,840 --> 00:24:54,240
I spend a lot of time, I know you spend a lot of time

680
00:24:54,240 --> 00:24:56,440
in the groups helping people.

681
00:24:56,440 --> 00:24:58,840
We got our weekly calls every single week.

682
00:24:58,840 --> 00:25:01,040
Even with the YouTube memberships,

683
00:25:01,040 --> 00:25:03,440
I would 100% make more money

684
00:25:03,440 --> 00:25:05,440
if I just fell off the face of the earth.

685
00:25:05,440 --> 00:25:07,640
I just focus solely on reselling.

686
00:25:07,640 --> 00:25:12,240
One, there's not a single instance out of 100 instances

687
00:25:12,240 --> 00:25:14,440
in the Marvel universe of different dimensions

688
00:25:14,440 --> 00:25:17,240
where Mike makes more money on YouTube than he does reselling.

689
00:25:17,240 --> 00:25:18,240
It doesn't exist.

690
00:25:18,240 --> 00:25:19,640
Like it just doesn't exist, right?

691
00:25:19,640 --> 00:25:21,440
So we're here to help.

692
00:25:21,440 --> 00:25:23,040
That's our motivating cause.

693
00:25:23,040 --> 00:25:24,240
It's not even monetary.

694
00:25:24,240 --> 00:25:25,240
We just want to help people

695
00:25:25,240 --> 00:25:28,040
because we see the power of having a business,

696
00:25:28,040 --> 00:25:30,640
the power of having a little bit of money in your pocket,

697
00:25:30,640 --> 00:25:34,240
especially if you haven't ever came from any type of money.

698
00:25:34,240 --> 00:25:37,640
I think about the days, like $700 for breaks, dude.

699
00:25:37,640 --> 00:25:41,640
Like it's going to take me months to try to find $700, right?

700
00:25:41,640 --> 00:25:43,640
And now it's in the bank account.

701
00:25:43,640 --> 00:25:45,840
And that's my motivation.

702
00:25:45,840 --> 00:25:48,840
I'm not money hungry, but I enjoy having enough money

703
00:25:48,840 --> 00:25:52,840
to where I'm not going bald or faster than I already am

704
00:25:52,840 --> 00:25:54,840
because I ain't got no money.

705
00:25:54,840 --> 00:25:57,640
So I want to touch on something you briefly mentioned

706
00:25:57,640 --> 00:25:59,440
or semi alluded to.

707
00:25:59,440 --> 00:26:00,640
So after the month was over,

708
00:26:00,640 --> 00:26:02,840
you were kind of defeated and or exhausted

709
00:26:02,840 --> 00:26:05,640
from the efforts you put in and you fell a little short.

710
00:26:05,640 --> 00:26:07,640
You were really close to me, to be fair.

711
00:26:07,640 --> 00:26:10,640
But extrapolating this to anybody's goal,

712
00:26:10,640 --> 00:26:14,040
when you didn't meet your goal, whatever it was,

713
00:26:14,040 --> 00:26:19,640
or you fell short, rather than giving up.

714
00:26:19,640 --> 00:26:20,840
And I didn't say you gave up,

715
00:26:20,840 --> 00:26:23,040
but just to the person thinking about giving up,

716
00:26:23,040 --> 00:26:26,640
you need to ask yourself, what caused me not to reach my goal?

717
00:26:26,640 --> 00:26:29,440
What was the inevitability of why?

718
00:26:29,440 --> 00:26:31,240
Or maybe you saw it early on

719
00:26:31,240 --> 00:26:32,640
and you didn't make the adjustments.

720
00:26:32,640 --> 00:26:33,640
And I think that's it.

721
00:26:33,640 --> 00:26:35,640
What adjustments do you need to make in your business

722
00:26:35,640 --> 00:26:38,640
to make sure you hit your goal next time?

723
00:26:38,640 --> 00:26:41,640
And I'm going to give everybody a lesson

724
00:26:41,640 --> 00:26:43,640
I very much learned in grade school

725
00:26:43,640 --> 00:26:44,640
that I still apply today.

726
00:26:44,640 --> 00:26:46,640
It works pretty much every single time.

727
00:26:46,640 --> 00:26:51,640
There's six basic questions you need to ask for most decisions.

728
00:26:51,640 --> 00:26:57,640
And it's who, what, where, why, when, how, and to what extent?

729
00:26:57,640 --> 00:26:59,640
And I'll give an example.

730
00:26:59,640 --> 00:27:01,640
The order of the questions kind of matters

731
00:27:01,640 --> 00:27:03,640
depending on what solution you're trying to solve.

732
00:27:03,640 --> 00:27:05,640
Like, how am I going to afford a trip?

733
00:27:05,640 --> 00:27:08,640
So who am I going with?

734
00:27:08,640 --> 00:27:09,640
If it's just you, it's you.

735
00:27:09,640 --> 00:27:11,640
What am I going to do on this trip?

736
00:27:11,640 --> 00:27:14,640
That'll help you assign the numerical dollars that you need to raise.

737
00:27:14,640 --> 00:27:15,640
Where am I going?

738
00:27:15,640 --> 00:27:17,640
Why am I going?

739
00:27:17,640 --> 00:27:20,640
Maybe you just need some mental recuperation.

740
00:27:20,640 --> 00:27:21,640
When am I going?

741
00:27:21,640 --> 00:27:24,640
How am I going to get there?

742
00:27:24,640 --> 00:27:25,640
Am I going by plane, bus?

743
00:27:25,640 --> 00:27:26,640
Why am I walking?

744
00:27:26,640 --> 00:27:27,640
And to what extent?

745
00:27:27,640 --> 00:27:30,640
How long am I going to be doing the trip for?

746
00:27:30,640 --> 00:27:33,640
So I'm going to reapply this to reselling.

747
00:27:33,640 --> 00:27:37,640
Let's say I need a renewed source because my source dried up.

748
00:27:37,640 --> 00:27:38,640
So who do I need?

749
00:27:38,640 --> 00:27:42,640
So list all the things of the people you could contact.

750
00:27:42,640 --> 00:27:45,640
What are the things I need to require if you're multifaceted to business?

751
00:27:45,640 --> 00:27:47,640
I need to, I need Eastern Press books.

752
00:27:47,640 --> 00:27:48,640
I don't just need books.

753
00:27:48,640 --> 00:27:49,640
I need particular kinds of books.

754
00:27:49,640 --> 00:27:51,640
Where am I going to get them from?

755
00:27:51,640 --> 00:27:53,640
Well, that kind of stems from who.

756
00:27:53,640 --> 00:27:55,640
Why am I needing this?

757
00:27:55,640 --> 00:27:56,640
I want to improve my ASP.

758
00:27:56,640 --> 00:27:59,640
When do I need to have, when am I going to start this?

759
00:27:59,640 --> 00:28:00,640
Am I starting tomorrow?

760
00:28:00,640 --> 00:28:01,640
Am I starting now?

761
00:28:01,640 --> 00:28:03,640
Am I starting next month?

762
00:28:03,640 --> 00:28:04,640
How am I going to do all this?

763
00:28:04,640 --> 00:28:05,640
Do I have enough money?

764
00:28:05,640 --> 00:28:07,640
Is how I'm going to do this.

765
00:28:07,640 --> 00:28:09,640
And how long am I going to do this for?

766
00:28:09,640 --> 00:28:10,640
Am I going to give it a year?

767
00:28:10,640 --> 00:28:11,640
Am I going to give it a month?

768
00:28:11,640 --> 00:28:13,640
Am I going to give it two weeks?

769
00:28:13,640 --> 00:28:15,640
So it really applies to anything.

770
00:28:15,640 --> 00:28:18,640
And again, depending on your question,

771
00:28:18,640 --> 00:28:22,640
you need to re-label those six questions or the problem you're trying to solve.

772
00:28:22,640 --> 00:28:24,640
That has served me well in life.

773
00:28:24,640 --> 00:28:25,640
And I learned this crap in middle school.

774
00:28:25,640 --> 00:28:27,640
And I just kept that one with me.

775
00:28:27,640 --> 00:28:29,640
Yeah, I agree.

776
00:28:29,640 --> 00:28:31,640
It's hard to be a good sales person,

777
00:28:31,640 --> 00:28:35,640
but just because you don't beat Johnny in a month of sales.

778
00:28:35,640 --> 00:28:37,640
Am I salty? Of course, I'm salty.

779
00:28:37,640 --> 00:28:39,640
It's me and Johnny.

780
00:28:39,640 --> 00:28:40,640
We bullshit all the time.

781
00:28:40,640 --> 00:28:42,640
I'm going to be salty about it.

782
00:28:42,640 --> 00:28:44,640
But at the end of the day, Johnny had a lot of advantages.

783
00:28:44,640 --> 00:28:45,640
All right.

784
00:28:45,640 --> 00:28:47,640
He had the employee help them get to,

785
00:28:47,640 --> 00:28:53,640
pumping these crazy numbers into Amazon, even though he is solo now.

786
00:28:53,640 --> 00:28:55,640
Maybe we revisit this in five years.

787
00:28:55,640 --> 00:28:58,640
After he's been doing this by himself for five years, like I have.

788
00:28:58,640 --> 00:29:02,320
video. She helps you out from time to time. That was like four years ago, dude.

789
00:29:02,320 --> 00:29:05,760
Them days are long gone. There's video evidence, sir.

790
00:29:05,760 --> 00:29:11,360
I do think though, you gotta understand what your goals are, how you're gonna get there.

791
00:29:11,360 --> 00:29:15,600
You can't just be like, well, I wanna be a millionaire. Well, how do you plan on even

792
00:29:15,600 --> 00:29:20,880
getting close to that and baby steps, even if you don't hit those goals, as long as there's

793
00:29:20,880 --> 00:29:26,880
progress and progress just isn't financial. I think that's kind of the biggest misconception

794
00:29:26,880 --> 00:29:32,160
in reselling is like, you always have to be growing your business. You always have to be making more

795
00:29:32,160 --> 00:29:39,680
money. I like the idea of maintaining the money I make and getting my time back more than the idea

796
00:29:39,680 --> 00:29:44,720
of always making more money because time is our most valuable asset. I know you resellers don't

797
00:29:44,720 --> 00:29:48,960
care about time. You just like sitting in your smelly basements all day. Fair enough, not me.

798
00:29:48,960 --> 00:29:54,720
I enjoy being outside, long walks on the beach that I don't have in central Pennsylvania in the park,

799
00:29:54,720 --> 00:30:00,880
going to the movies and doing things like that. It's not all about money in life. Your stress

800
00:30:00,880 --> 00:30:07,280
levels, your kind of quality of life outside of reselling has to exist as well. Now, there's

801
00:30:07,280 --> 00:30:11,360
definitely something to be said if you're gonna just go in and bust your ass like Johnny has with

802
00:30:11,360 --> 00:30:16,560
Amazon this year. Just, all right, my life's gonna suck for the next 12 months. But after that,

803
00:30:16,560 --> 00:30:20,960
then I can start looking at refining different things because the money's gonna be coming in.

804
00:30:20,960 --> 00:30:25,840
And then I could start making bigger decisions for my business. But you have to take into

805
00:30:25,840 --> 00:30:31,280
consideration your mental health, the stress levels you have at home. Me and Johnny talk about

806
00:30:31,280 --> 00:30:38,080
it all the time. We're just two dudes. I got a wife and cats. We really don't have these crazy

807
00:30:38,080 --> 00:30:44,640
obligations that a lot of you have. Kids taking care of other family members, all kinds of

808
00:30:44,640 --> 00:30:50,880
situations that are much more stressful than we have. And I think to myself, yeah, the money

809
00:30:50,880 --> 00:30:55,920
is good. But I guarantee you people in those situations will give any amount of money in the

810
00:30:55,920 --> 00:31:02,000
world just to not have to worry about X, Y, and Z or not have to worry about this certain thing

811
00:31:02,000 --> 00:31:06,880
that's kind of weighing on them heavily. So the money can be motivating, but realize your

812
00:31:06,880 --> 00:31:15,520
happiness, your mental health has to be forefront always. No, I 100% agree in that. I'm gonna throw

813
00:31:15,520 --> 00:31:20,480
something out there to maybe have people think about money slightly differently. And for those

814
00:31:20,480 --> 00:31:27,760
hate analogies, go ahead and end the podcast now. So money to me is a tool in the toolbox. And

815
00:31:27,760 --> 00:31:34,160
there's different piles of money that are different tools. Some tools I use every day, like the phone

816
00:31:34,160 --> 00:31:39,200
bill. That's a tool I use every day. So money is allocated there. It's kind of my go-to. I use it

817
00:31:39,200 --> 00:31:44,480
for a lot of things. Now my Netflix tool, that ain't so useful. It kind of just sits there. I

818
00:31:44,480 --> 00:31:50,080
never really pull it out of the toolbox. Maybe I can get rid of it and reassign that tool's money

819
00:31:50,080 --> 00:31:55,600
somewhere else to some other pile. But if money's just a tool to you for a vehicle, it's not just

820
00:31:55,600 --> 00:32:01,120
some number in your bank account. It's not just some number in your wallet. These are abstractions

821
00:32:01,120 --> 00:32:05,920
to what is the money gonna be used for? What kind of tools do I need the money for? And if you

822
00:32:05,920 --> 00:32:12,240
assemble the best tool in your personal toolbox, I think you'll be very, very well off. Then you

823
00:32:12,240 --> 00:32:17,440
just throw in weird stuff. I don't know what this does, but it's in the toolbox. I have it for just

824
00:32:17,440 --> 00:32:23,440
because. I'm talking about cutting expenses. I'm talking about reevaluating where you're investing

825
00:32:23,440 --> 00:32:27,360
your money in personally, your personal investments, and where you're reinvesting your money in for

826
00:32:27,360 --> 00:32:32,720
your business. And what kind of new tools are you thinking about putting in your toolbox? But maybe

827
00:32:32,720 --> 00:32:37,920
you need these other tools to get that super tool that does everything, right? So there's the end

828
00:32:37,920 --> 00:32:41,280
of the analogy. And the people are already told to leave. You're not gonna hear this, but you can

829
00:32:41,280 --> 00:32:46,320
come back now. Is this where you sell us like a timeshare or like some crypto coin you just came

830
00:32:46,320 --> 00:32:49,120
up with? Because that's what I feel like. No, dude. Having me listening, I'm selling you a

831
00:32:49,120 --> 00:32:56,480
goddamn toolbox. I was just saying. 59.99. I'm ready to buy, Johnny. You put your cash out. I'm

832
00:32:56,480 --> 00:33:00,560
sending you money right now. I'm gonna be the first investor. A reseller toolbox. This is gonna

833
00:33:00,560 --> 00:33:05,280
slap a sticker I got from China on there. I guess we have to have a disclaimer here as well that

834
00:33:05,920 --> 00:33:13,120
if you resell not to make money, then unfortunately this podcast for you isn't for you. Because at

835
00:33:13,120 --> 00:33:17,680
the end of the day, we talk about all the time, right? Like I'm the used book guy, but like our

836
00:33:17,680 --> 00:33:23,360
group isn't about collecting books. We're about having a profitable business using the carrier

837
00:33:23,360 --> 00:33:30,320
of media, books, CDs, DVDs, everything else to have a profitable business. And I think this idea

838
00:33:30,320 --> 00:33:34,960
that, oh, reselling is just fun and hanky panky and I'm gonna lose money. Like who resells to lose

839
00:33:34,960 --> 00:33:40,240
money or even come close to breaking even? Sure. There might be people out there on the internet

840
00:33:40,240 --> 00:33:45,360
that are gonna put in the comments like, hey, I'm reselling and I just have a fun time. It keeps me

841
00:33:45,360 --> 00:33:51,200
active. Well, if you're losing money, you can just go for a walk and be active instead of reselling

842
00:33:51,200 --> 00:33:55,360
and spending money. So like it doesn't even make sense. I'll never understand that argument.

843
00:33:55,360 --> 00:33:59,760
I do agree, right? You gotta stay active. We got a lot of people that are retired. It keeps them on

844
00:33:59,760 --> 00:34:04,880
their feet, but they also like the little kickbacks of money that come in so they can go to the casino,

845
00:34:04,880 --> 00:34:09,680
spend some penny slots, buy a slice of pizza while you're at the casino, maybe even a large

846
00:34:09,680 --> 00:34:14,960
fountain drink and it's through reselling. So you gotta make money in the business. If not, you're

847
00:34:14,960 --> 00:34:22,560
long gone. Right. And what I kind of find somewhat infuriating, I stay off social media mostly these

848
00:34:22,560 --> 00:34:28,800
days, but I do see it in the groups from time to time. Hey, look at this cool thing I got. I only

849
00:34:28,800 --> 00:34:32,880
spent a dollar. And then I'm thinking to myself, I know this individual, I know they make no money

850
00:34:32,880 --> 00:34:38,160
because of the way they run their business. So what? That you found this thing for a dollar,

851
00:34:38,160 --> 00:34:44,160
it's worth 500, but I know your expenses are 10K a month. That thing is a drop in the bucket.

852
00:34:44,160 --> 00:34:49,520
Unless you can find a whole trash bag, more of those things, you're SOL. You're going to go out

853
00:34:49,520 --> 00:34:57,440
of business. It infuriates me. The flash game, I don't get. Now, do they might say I don't list

854
00:34:57,440 --> 00:35:02,480
something cool from time to time? No, I'm not saying that. I'm saying the people who do that

855
00:35:02,480 --> 00:35:08,880
and do it a lot. The people I find that don't make any money, they post that stuff a lot. And it's

856
00:35:08,880 --> 00:35:15,040
like, why? Because everybody knows they're making no money. No, see, you don't get it.

857
00:35:15,040 --> 00:35:21,920
Freesound is hip, trendy and cool nowadays. It is trendy and it is hip and cool. Why Mike? Why?

858
00:35:21,920 --> 00:35:27,440
Because you go to a thrift store and you spend a dollar and you can find the iPhone that you can

859
00:35:27,440 --> 00:35:33,200
sell for 500 and then you can tell the story every year around the Thanksgiving dinner table

860
00:35:33,200 --> 00:35:38,960
about how that one time you found the iPhone for a dollar and it was worth 500. That is the hip

861
00:35:38,960 --> 00:35:45,280
coolness of it. And you as a boomer businessman, who is only about business, you could care less

862
00:35:45,280 --> 00:35:51,520
because you see past that one idol. Right. And also I've noticed this is a thing that's happening

863
00:35:51,520 --> 00:35:56,880
now. It's not only resellers doing this. They're starting to shop at Goodwill and whatever now.

864
00:35:56,880 --> 00:36:03,760
And they're like, Hey, I got this for a dollar. Instagram click. They have no intent of reselling

865
00:36:03,760 --> 00:36:08,640
this thing. It's going in their personal collection. Yeah. They aren't resellers doing it now. Now we

866
00:36:08,640 --> 00:36:13,520
have the resellers doing it. Now we have, I don't even know what the new generation of kids is

867
00:36:13,520 --> 00:36:20,000
called these days. We're just calling them kids or doing it too. But hey, the kids got a why. Me and

868
00:36:20,000 --> 00:36:25,680
Deb, the day we went to thrift new clothes for ourselves, we got there like five minutes after

869
00:36:25,680 --> 00:36:32,960
open two kids, probably late teens, early twenties got in right after us. They ran straight back to

870
00:36:32,960 --> 00:36:37,760
the clothes. Deb said, Oh, I bet they're reselling. They got, you know, vintage t-shirts on. Don't you

871
00:36:37,760 --> 00:36:41,600
know, they went back there flipping through the clothes. Like it's a whole different breed out

872
00:36:41,600 --> 00:36:46,880
there now. And yeah, Hey, it don't matter if you're 80 years old or if you're 18 years old,

873
00:36:46,880 --> 00:36:52,720
if you've got a why and you're motivated, you can run this thing out pretty fast. Absolutely man. And

874
00:36:52,720 --> 00:36:58,000
why are you doing this? That's the question of the day, right? That's the whole theme of our podcast.

875
00:36:58,000 --> 00:37:02,080
And again, I think the people really going to make it the why transcends themselves,

876
00:37:02,080 --> 00:37:06,560
but their goals are bigger than they are. Like the goal doesn't need to be a surrounding individual

877
00:37:06,560 --> 00:37:12,000
or you affected personally. Well, you are affected personally, not having a spouse or

878
00:37:12,880 --> 00:37:17,680
a disease or something, but your goals and aspirations are so high. That is the purpose

879
00:37:17,680 --> 00:37:22,720
that transcends yourself. If the goal is just to make the bank account go up. I mean, that's great

880
00:37:22,720 --> 00:37:27,120
and all, but what's your exit strategy for that needs to be the goal. Like, why are you doing this

881
00:37:27,120 --> 00:37:33,920
in the first place? Is it to have, take a long vacation ever work your day in your life and go

882
00:37:33,920 --> 00:37:39,520
on vacation five times a year? Okay. That's that, that really is the goal. The number or the tool,

883
00:37:39,520 --> 00:37:44,480
that's the means to get there and how you get there and make more money. That's what makes you

884
00:37:44,480 --> 00:37:50,720
a business. I know we come off sitting here saying, Hey, you need money to get to these

885
00:37:50,720 --> 00:37:56,480
wise, right? Most of our wives are motivated financially. And I know it's like, well, you

886
00:37:56,480 --> 00:37:59,840
only care about money. Well, I already told you that your mental health is the most important

887
00:37:59,840 --> 00:38:04,320
thing, right? You, if your physical and mental health doesn't exist, like then, you know,

888
00:38:04,320 --> 00:38:08,320
we were talking about one day you could be here next day you can be gone. So like

889
00:38:08,320 --> 00:38:12,640
money can be the motivating factor, but you also have to account for your mental health.

890
00:38:12,640 --> 00:38:17,120
It's the motivating factor, but you also have to account for yourself, what you have going on,

891
00:38:17,120 --> 00:38:21,520
how you're feeling about doing this business. If you don't, if you don't enjoy it, go do something

892
00:38:21,520 --> 00:38:25,520
you enjoy. I tell people all the time, like, if you don't enjoy what you're doing, there's no point

893
00:38:25,520 --> 00:38:30,240
doing, I'm not going to do something that makes me miserable every day. Even, even more than one day

894
00:38:30,240 --> 00:38:33,680
a week, I'm not going to do it if it's going to make me miserable. But some people get enjoyment

895
00:38:33,680 --> 00:38:38,080
out of different things, right? Like I'm sure that the, I would say even then the guys come around

896
00:38:38,080 --> 00:38:43,120
trash. I'm like, that's a crappy job, but maybe that guy enjoys the workout and throwing the

897
00:38:43,120 --> 00:38:47,920
bag to trash into the back of the truck and make it $25 an hour. And he's a okay with that.

898
00:38:48,560 --> 00:38:53,760
It's different for everybody. I read an article, I believe it was Forbes one time,

899
00:38:54,880 --> 00:38:59,200
second generation Latin American family. They had five children. Their goal was to send all

900
00:38:59,200 --> 00:39:04,640
five children to Harvard law. Mom and dad didn't work any great jobs. In fact, they had multiple

901
00:39:04,640 --> 00:39:10,640
jobs. The kids would come home, they do all their homework and study and or read once a week, they

902
00:39:10,640 --> 00:39:16,080
would watch an episode of Star Trek. That was their, their social life. All five kids went to

903
00:39:16,080 --> 00:39:21,520
Harvard. They didn't have a car. They had bikes, all of them. They didn't, they, they threw away

904
00:39:21,520 --> 00:39:27,760
the car expenses just to go there. Most of them got full scholarships or partial scholarships.

905
00:39:27,760 --> 00:39:32,320
They made it work because they had a goal that was beyond them. It was for the entirety of their

906
00:39:32,320 --> 00:39:36,960
family. All kids graduated and their doctors and lawyers now making boo coos of money. And guess

907
00:39:36,960 --> 00:39:42,400
what? They're taking care of their mom and dad. And that's a beautiful thing. Again, it transcends

908
00:39:42,400 --> 00:39:48,480
yourself. Yeah, we're going to wrap it up here. My final sentence of this podcast, besides thank

909
00:39:48,480 --> 00:39:54,240
you all for listening and watching over on the YouTube realm is if there is a will, there is a

910
00:39:54,240 --> 00:40:00,160
way no matter what the business is, you can get it done. And we will speak to you all in next week's

911
00:40:00,160 --> 00:40:05,440
episode. Thanks for listening to another episode of the resellers mindset podcast. Today's full

912
00:40:05,440 --> 00:40:10,560
episode and all previous episodes are available to all YouTube members, along with the weekly zoom

913
00:40:10,560 --> 00:40:16,320
call and private discord. Head on over to youtube.com backslash to use book guy and consider joining for

914
00:40:16,320 --> 00:40:32,160
as little as 299 a month.

