1
00:00:00,000 --> 00:00:03,480
Welcome back to another episode of the Resellers Mindset Podcast.

2
00:00:03,480 --> 00:00:07,000
My name is Mike, also known as the used book guy on YouTube, along with my friend

3
00:00:07,000 --> 00:00:09,120
and fellow full-time reseller, Johnny B.

4
00:00:09,480 --> 00:00:12,720
We help people start and grow their reselling businesses from the ground up.

5
00:00:12,960 --> 00:00:16,640
We also have a weekly zoom call and private discord for all YouTube members.

6
00:00:16,840 --> 00:00:21,180
Head on over to youtube.com backslash use book guy to join the channel and gain

7
00:00:21,180 --> 00:00:25,480
access to the full length podcast zoom call and private discord today.

8
00:00:25,680 --> 00:00:27,360
Let's get into this week's episode.

9
00:00:27,400 --> 00:00:28,160
What is up everybody?

10
00:00:28,160 --> 00:00:31,200
Welcome into another episode of Resellers Mindset Podcast.

11
00:00:31,200 --> 00:00:35,200
Mike next to Johnny today's topic is one that's near and dear to me.

12
00:00:35,480 --> 00:00:39,720
And are we squandering the opportunity of reselling today?

13
00:00:40,080 --> 00:00:44,000
And it's a two-part one because I think I've been doing this long enough that.

14
00:00:44,800 --> 00:00:48,280
Any excuse doesn't work for me for you not to take advantage of

15
00:00:48,280 --> 00:00:50,180
the opportunity of reselling today.

16
00:00:50,180 --> 00:00:51,920
So I guess I'll jump into it first.

17
00:00:52,120 --> 00:00:55,040
Johnny didn't know the topic because I feel like keep them on his toes.

18
00:00:55,040 --> 00:00:55,280
Right?

19
00:00:55,280 --> 00:00:58,640
So I don't give them the topics ahead of time, even though he tells me when he

20
00:00:58,640 --> 00:01:00,360
has a topic, he always gives me a warning.

21
00:01:00,360 --> 00:01:01,920
I'm just that not nice of a guy.

22
00:01:01,920 --> 00:01:04,440
Makes me work harder for these podcasts.

23
00:01:04,720 --> 00:01:05,160
Yes.

24
00:01:05,200 --> 00:01:09,480
And I don't pay them any more money is $0 and zero cents in case you were wondering.

25
00:01:09,880 --> 00:01:12,640
Um, so yeah, squandering the opportunity of reselling.

26
00:01:12,640 --> 00:01:14,000
I think about this all the time.

27
00:01:14,440 --> 00:01:17,000
Is this too good to be true?

28
00:01:17,200 --> 00:01:18,920
I, I think it is.

29
00:01:18,920 --> 00:01:22,720
I mean, the fact that I can sell the junk that I sell for the money I make, it

30
00:01:22,720 --> 00:01:26,160
blows my mind away that somebody's willing to pay crazy amounts of money for

31
00:01:26,160 --> 00:01:31,640
like a green day cassette or like, um, Bon Jovi cassette or like the stupidest

32
00:01:31,640 --> 00:01:34,960
things and people pay exuberant amounts of money for that.

33
00:01:35,320 --> 00:01:38,400
I usually pay 10 cents a quarter, 50 cents.

34
00:01:38,800 --> 00:01:41,800
I mean, I think the most I ever paid for a cassette was like $3 and

35
00:01:41,800 --> 00:01:43,240
they sold for like 40 bucks.

36
00:01:43,560 --> 00:01:43,880
I don't know.

37
00:01:43,880 --> 00:01:46,160
What's your take on this opportunity of reselling?

38
00:01:46,960 --> 00:01:49,080
Why having you started already is my take.

39
00:01:49,520 --> 00:01:51,560
Uh, on a serious note.

40
00:01:51,560 --> 00:01:57,560
No, it's the best opportunity and business in general, but reselling much more.

41
00:01:57,560 --> 00:02:00,440
So you don't need to go to business school to start reselling.

42
00:02:00,440 --> 00:02:01,440
Anybody can do it.

43
00:02:02,000 --> 00:02:05,200
Uh, even if you're not even doing it online, if you're the, if you're a

44
00:02:05,200 --> 00:02:08,880
flea market vendor, I mean, it's the same principle you're just doing on analog

45
00:02:08,880 --> 00:02:10,600
form, uh, without the internet.

46
00:02:11,360 --> 00:02:17,960
Um, we're not happy unless we get 20% or more on our stuff that we flip.

47
00:02:17,960 --> 00:02:21,680
Can you do that anywhere else outside of reselling and, or business?

48
00:02:21,960 --> 00:02:24,400
No, you can't even do that in the stock market.

49
00:02:24,400 --> 00:02:27,680
Well, it's like lending the lottery if you're able to do that in a stock market,

50
00:02:27,680 --> 00:02:34,520
but you listening here right now can, at least if you know what you're doing, get

51
00:02:34,640 --> 00:02:39,720
a minimum of 20% back after all fees, after all expenses on items.

52
00:02:39,720 --> 00:02:41,120
But again, you have to know what you're doing.

53
00:02:41,440 --> 00:02:43,640
So that requires a little bit of knowledge and skillset.

54
00:02:43,640 --> 00:02:49,040
I truly believe right now at the time this recording, if you aren't already

55
00:02:49,040 --> 00:02:52,880
doing it, you're missing out on the biggest opportunity to get extra money,

56
00:02:53,040 --> 00:02:56,240
at least 20% more if you really know what you're doing.

57
00:02:56,960 --> 00:02:57,480
I agree.

58
00:02:57,480 --> 00:03:03,560
I think we have to, regardless of what you hear or see out there in the social

59
00:03:03,560 --> 00:03:10,040
media podcast realm, um, you know, saying that people are shopping less online,

60
00:03:10,040 --> 00:03:12,200
summer slowdown, yada, yada, yada.

61
00:03:12,200 --> 00:03:15,440
It's not what it used to be the opportunity.

62
00:03:15,920 --> 00:03:19,720
I mean, cause I look at, you know, I have the facts of my own business and

63
00:03:19,720 --> 00:03:22,720
growing this Amazon business over the past five plus years.

64
00:03:23,120 --> 00:03:26,560
And the more I work, the more results I get.

65
00:03:26,720 --> 00:03:29,720
It's not like it's the year, the number of the year doesn't

66
00:03:29,720 --> 00:03:32,360
determine my business revenue.

67
00:03:32,400 --> 00:03:34,680
The only thing that determines that is the work I'm putting in.

68
00:03:35,080 --> 00:03:39,080
And I think that's true to be said in reselling is it doesn't matter what

69
00:03:39,080 --> 00:03:40,520
somebody else has got going on.

70
00:03:40,520 --> 00:03:44,240
If you're finding the profitable items and listing those items, you can

71
00:03:44,240 --> 00:03:48,320
continuously make an endless amount of money.

72
00:03:48,320 --> 00:03:53,280
And I know that sounds like scammy, like it's literally an infinite money hack.

73
00:03:53,320 --> 00:03:57,800
The fact you can go buy things for a dollar and sell them for 10 on repeat,

74
00:03:57,840 --> 00:03:58,960
you just rinse and repeat.

75
00:04:00,160 --> 00:04:00,680
Right.

76
00:04:00,680 --> 00:04:05,720
And I hear, I hear the outcries even in amongst the community, even outside

77
00:04:05,720 --> 00:04:07,800
the community and people I know.

78
00:04:07,800 --> 00:04:10,080
They call eBay, Feebay, right?

79
00:04:10,400 --> 00:04:11,720
Well, I'm sorry.

80
00:04:11,720 --> 00:04:16,680
If you've outpriced yourself because eBay made a fee change or Amazon made a

81
00:04:16,680 --> 00:04:20,840
fee change, well, you either have to change your average sale price of the

82
00:04:20,840 --> 00:04:23,720
items you're acquiring or sell different types of items.

83
00:04:24,480 --> 00:04:28,280
The, the, the rules may have changed, but the game is the same.

84
00:04:28,600 --> 00:04:32,920
You find items that will indeed sell and will sell profitably.

85
00:04:32,920 --> 00:04:37,840
And if some change comes along that makes what you're doing right now, not

86
00:04:37,840 --> 00:04:40,200
meet those two metrics, you got to change.

87
00:04:40,200 --> 00:04:44,320
You're the problem in this scenario, not the platform to sell on.

88
00:04:44,640 --> 00:04:46,400
Is it sucky when that happens?

89
00:04:46,480 --> 00:04:49,360
Sure it is, but we adapt or get out.

90
00:04:49,760 --> 00:04:52,800
And a lot of people choose to get out, unfortunately, but it's literally

91
00:04:53,000 --> 00:04:56,160
a place to print your own silly money.

92
00:04:56,880 --> 00:04:58,040
Yeah, it really is.

93
00:04:58,200 --> 00:05:00,640
It's, and I don't think it even matters.

94
00:05:00,640 --> 00:05:04,080
Like what you really sell, I think the opportunities there across the board

95
00:05:04,080 --> 00:05:08,600
on every platform in every category, even if you sell on Pango books or

96
00:05:08,600 --> 00:05:10,360
Bonanza books, right?

97
00:05:10,600 --> 00:05:15,760
I think the opportunity is there for every single person to make a nice chunk

98
00:05:15,760 --> 00:05:20,800
of change, and some people want to make a huge chunk of change and that is possible

99
00:05:20,800 --> 00:05:24,160
as well, all you have to do is put in the work.

100
00:05:24,160 --> 00:05:28,160
And I know I think that's, I think that's a hurdle people have to accept when a

101
00:05:28,160 --> 00:05:32,640
comes to opportunity is with opportunities, going to come a lot of work and reselling

102
00:05:32,640 --> 00:05:36,600
as much as it is cool, fun to go to thrift stores and dig through people's stuff

103
00:05:36,600 --> 00:05:41,760
in garage sales, you have to do the work on the backend or this opportunity.

104
00:05:42,080 --> 00:05:44,120
All of a sudden it's not an opportunity.

105
00:05:44,120 --> 00:05:47,000
It's a burden, but that just because you didn't follow through with the whole

106
00:05:47,000 --> 00:05:49,320
process, you just enjoy doing one part of it.

107
00:05:49,600 --> 00:05:52,200
So you can't say that it sucks, right?

108
00:05:52,200 --> 00:05:53,440
Like reselling is dying.

109
00:05:53,840 --> 00:05:56,320
If you're really not doing it all the time, you're not doing it.

110
00:05:56,320 --> 00:05:59,440
If you're really not doing it all the way through, you're not seeing it from

111
00:05:59,440 --> 00:06:03,000
beginning to end, you're just, you just enjoy one real part of it, which is

112
00:06:03,000 --> 00:06:07,200
sourcing in most cases, but listing and everything else, that's not your thing.

113
00:06:07,200 --> 00:06:10,160
So you just let it sit there and then you don't think there's any opportunity.

114
00:06:11,080 --> 00:06:14,440
I've not known one reseller to not enjoy the buying part.

115
00:06:14,480 --> 00:06:16,240
Everybody enjoys the buying part.

116
00:06:16,480 --> 00:06:17,880
I like enjoying the buying part.

117
00:06:17,880 --> 00:06:19,560
Mike, do you enjoy the buying part?

118
00:06:19,760 --> 00:06:21,240
Not as much as I used to.

119
00:06:21,240 --> 00:06:25,280
It's weird to say that, but like I see thrifting as like business transactions.

120
00:06:25,280 --> 00:06:29,920
Like I go in with my scanner and I scan stuff and I'm out of there, dude.

121
00:06:29,920 --> 00:06:31,120
I don't really enjoy it.

122
00:06:31,120 --> 00:06:34,840
It's cool when I do find like things that kind of like relate to me or like my

123
00:06:34,840 --> 00:06:37,040
life or like a crazy profitable item.

124
00:06:37,320 --> 00:06:41,440
Like that's cool to me, but like, I'm not, I don't get excited about thrifting.

125
00:06:41,440 --> 00:06:43,240
I guess it's just not my thing.

126
00:06:43,480 --> 00:06:45,680
I'm more excited when items sell.

127
00:06:45,680 --> 00:06:49,240
And when I dropped my boxes off at UPS, because I know I'm never going to see,

128
00:06:49,560 --> 00:06:51,320
uh, the DVDs or books again.

129
00:06:52,120 --> 00:06:54,000
Yeah, I, I'm kind of the same boat.

130
00:06:54,000 --> 00:06:57,320
It's kind of gotten stale for me every now and then when something pops big,

131
00:06:57,360 --> 00:07:00,000
that's when that burst of excitement goes.

132
00:07:00,000 --> 00:07:03,880
But even that feeling has, it doesn't last as long as it used to.

133
00:07:03,880 --> 00:07:04,960
It used to last all day.

134
00:07:04,960 --> 00:07:06,960
Like, Oh man, I found a hundred dollar book.

135
00:07:06,960 --> 00:07:07,760
How cool is that?

136
00:07:07,960 --> 00:07:09,200
Now it's like, Oh, that's cool.

137
00:07:09,360 --> 00:07:09,840
Whatever.

138
00:07:10,480 --> 00:07:12,760
Um, it's like, whatever now.

139
00:07:13,400 --> 00:07:20,600
And I think we've become jaded honestly, but outside of that, it's literally,

140
00:07:20,600 --> 00:07:24,920
we're literally buying other people, unless you're a new item seller, you're

141
00:07:24,920 --> 00:07:27,280
literally buying someone else's trash.

142
00:07:27,280 --> 00:07:27,960
They threw it away.

143
00:07:27,960 --> 00:07:33,080
They gave it away or they've moved on, uh, or they've, they passed on.

144
00:07:33,640 --> 00:07:39,200
Um, but it's literally somebody considers these items trash and where it ends up

145
00:07:39,200 --> 00:07:44,080
at the various places you can get this trash at, and then you take said trash,

146
00:07:44,360 --> 00:07:50,360
put it online and it sells for 10, 20, a hundred dollars, uh, very cheap.

147
00:07:50,360 --> 00:07:52,680
Very few instances, thousands of dollars.

148
00:07:53,200 --> 00:07:57,480
Um, but the thousands of dollars accumulated with your pile of goods to

149
00:07:57,480 --> 00:08:00,560
then convert into actual dollar bills.

150
00:08:01,120 --> 00:08:01,920
That's unlimited.

151
00:08:02,280 --> 00:08:04,480
It's how much do you want to work?

152
00:08:04,640 --> 00:08:06,120
How much money do you want to make?

153
00:08:06,480 --> 00:08:10,680
Now you can make your work harder by the type of items you sell or easier.

154
00:08:10,720 --> 00:08:15,000
Again, depending on the type of items you sell, uh, that's a personal choice.

155
00:08:15,000 --> 00:08:16,040
Every business owner.

156
00:08:16,040 --> 00:08:19,160
And yes, we're all business owners, even though we've nicknamed ourselves

157
00:08:19,160 --> 00:08:22,560
resellers because we resell, we're not new sell.

158
00:08:22,600 --> 00:08:24,200
Most of us, some people are.

159
00:08:24,880 --> 00:08:27,720
Um, but most of us resell trash.

160
00:08:27,720 --> 00:08:32,040
It's literally been thrown out and you're the trash man.

161
00:08:32,040 --> 00:08:35,280
How much trash do you want to gather up and how much money do you want to make?

162
00:08:35,280 --> 00:08:36,360
Do you want the whole truck?

163
00:08:36,600 --> 00:08:37,600
You want part of the truck?

164
00:08:38,040 --> 00:08:40,480
Um, or maybe you want a fleet of trucks, right?

165
00:08:40,480 --> 00:08:43,360
I mean, literally have full control of this.

166
00:08:43,680 --> 00:08:45,160
You are the one in control.

167
00:08:45,160 --> 00:08:50,200
I know that there's a lot of people that listen to this podcast, um, that have been

168
00:08:50,200 --> 00:08:52,680
reselling for a lot longer than me and Johnny combined, right?

169
00:08:52,680 --> 00:08:57,680
Like a lot of you out there have been doing this for a long, long, long time.

170
00:08:58,840 --> 00:09:04,880
But I feel like, you know, the around 10 years of total reselling experience I have.

171
00:09:05,800 --> 00:09:09,120
That the excuse train doesn't work no more on me.

172
00:09:09,160 --> 00:09:12,160
Like, I don't think any excuse is valid.

173
00:09:12,160 --> 00:09:16,240
And I think that's because I've been around so many people that have seen results from

174
00:09:16,240 --> 00:09:17,240
all walks of life.

175
00:09:17,240 --> 00:09:21,520
So no matter what the excuse is, I don't think it works no more.

176
00:09:21,520 --> 00:09:24,040
Like I don't, I don't care what somebody's excuses.

177
00:09:24,040 --> 00:09:28,880
I think there, I think I have an answer for every single excuse somebody could put down

178
00:09:28,880 --> 00:09:30,760
in the comment section below on YouTube.

179
00:09:31,240 --> 00:09:36,560
And I would, I would easily be able to debunk that excuse because I feel like I've seen

180
00:09:36,560 --> 00:09:40,560
and heard it all over the past five years of having a YouTube channel.

181
00:09:40,560 --> 00:09:45,760
And I know there's a remedy for every single lame duck excuse that people throw out there.

182
00:09:46,560 --> 00:09:47,560
No, I agree.

183
00:09:49,560 --> 00:09:52,560
And we talked about this on the previous episode.

184
00:09:53,000 --> 00:09:58,080
In fact, the one we recorded right before this one, it's where's the innovation?

185
00:09:58,080 --> 00:09:59,880
I don't even see innovations and excuses.

186
00:09:59,880 --> 00:10:06,480
This is the same, I don't know, 15 or less excuses that are out there, whether it's a

187
00:10:06,480 --> 00:10:11,480
health reason or it's seasonal or I don't have enough money.

188
00:10:11,480 --> 00:10:12,480
Well, there's a barrier.

189
00:10:12,480 --> 00:10:13,480
She's been at this while.

190
00:10:13,480 --> 00:10:18,480
You don't have enough money or I live in a bad area.

191
00:10:19,480 --> 00:10:25,480
Again, this is the same 10, 15, 20 excuses that I've hardly ever seen anything new.

192
00:10:27,480 --> 00:10:33,480
What I do see sometimes that's new and I'm excited when I hear about it is the types

193
00:10:33,480 --> 00:10:35,480
of items somebody sells.

194
00:10:35,480 --> 00:10:40,480
Every now and then I'm blown away by that because the people I hang around with, they're

195
00:10:40,480 --> 00:10:49,480
either in a couple of various categories, shoes, clothing, toys, media and some other

196
00:10:49,480 --> 00:10:56,480
But when I hear somebody truly unique, like I heard somebody I'm not even account anti

197
00:10:56,480 --> 00:10:59,480
because they're all unique little snowflakes there.

198
00:10:59,480 --> 00:11:05,480
But somebody selling ceramic coffee mugs that are collectible apparently and they're showing

199
00:11:05,480 --> 00:11:06,480
me the numbers on this.

200
00:11:06,480 --> 00:11:09,480
I'm like, wow, there is a market for that really?

201
00:11:09,480 --> 00:11:12,480
Because I always view these things as junk.

202
00:11:12,480 --> 00:11:16,480
So every now and then I see innovation by somebody decided to sell something outside

203
00:11:16,480 --> 00:11:19,480
the status norm because I don't hear about it.

204
00:11:20,480 --> 00:11:22,480
Doesn't mean there's not a community of resellers for it.

205
00:11:22,480 --> 00:11:26,480
It's just me walking across that type of resellers few and far between these days.

206
00:11:26,480 --> 00:11:29,480
But every now and then I'm like, that's really cool.

207
00:11:29,480 --> 00:11:33,480
And somebody sold like pens and pencils, but like the old kind.

208
00:11:33,480 --> 00:11:34,480
I'm like, that's cool.

209
00:11:34,480 --> 00:11:35,480
That's really cool.

210
00:11:35,480 --> 00:11:36,480
They're showing me a few of them.

211
00:11:36,480 --> 00:11:39,480
I'm like, that's just, I wouldn't even think about that.

212
00:11:39,480 --> 00:11:45,480
I think another idea we have when it comes to its own excuses out there, they're just

213
00:11:45,480 --> 00:11:46,480
limiting beliefs.

214
00:11:46,480 --> 00:11:51,480
But I think a lot of it is because I relate to all the people we've had on the podcast.

215
00:11:51,480 --> 00:11:55,480
They sold in all different categories, all different platforms.

216
00:11:55,480 --> 00:11:59,480
So what makes somebody different?

217
00:11:59,480 --> 00:12:02,480
Why does somebody have success selling on Poshmark full time?

218
00:12:02,480 --> 00:12:05,480
But 95% of other people don't.

219
00:12:05,480 --> 00:12:12,480
It's just an excuse for you to be like, well, I can't get results on XYZ platform.

220
00:12:12,480 --> 00:12:17,480
I think no matter what platform, no matter what category, your excuse that the platform

221
00:12:17,480 --> 00:12:22,480
sucks and you don't get sales because of XYZ, it's just an excuse because if you did it

222
00:12:22,480 --> 00:12:26,480
the way the platform wants you to do it and you found desirable items, it wouldn't matter

223
00:12:26,480 --> 00:12:29,480
the platform and you would be successful in every single one.

224
00:12:29,480 --> 00:12:34,480
And maybe we are a little, maybe our minds corrupted because we're around like-minded

225
00:12:34,480 --> 00:12:35,480
people.

226
00:12:35,480 --> 00:12:39,480
We've had successful people on the podcast, but I'm here to tell you, somebody listen

227
00:12:39,480 --> 00:12:40,480
to this.

228
00:12:40,480 --> 00:12:43,480
If you're the person that isn't successful right now, all you got to do is just level

229
00:12:43,480 --> 00:12:44,480
up your business.

230
00:12:44,480 --> 00:12:45,480
There's no other way to do it.

231
00:12:45,480 --> 00:12:46,480
There's no magic wand.

232
00:12:46,480 --> 00:12:48,480
There's no platform that's going to save you.

233
00:12:48,480 --> 00:12:50,480
You're the only person that's going to save you.

234
00:12:50,480 --> 00:12:54,480
So at the end of the day, your excuse, you are your excuse.

235
00:12:54,480 --> 00:12:57,480
You're the reason it's not working and you can't be the excuse because you're the only

236
00:12:57,480 --> 00:12:59,480
person in the business.

237
00:12:59,480 --> 00:13:02,480
I think I have a good answer for your question there.

238
00:13:02,480 --> 00:13:06,480
Why doesn't it perform well over on Posh or platform of choice?

239
00:13:06,480 --> 00:13:13,480
I think the platforms have a customer set that buys certain things and they perform

240
00:13:13,480 --> 00:13:14,480
better.

241
00:13:14,480 --> 00:13:19,480
They all sell, but the frequency and the price point changes from platform to platform.

242
00:13:19,480 --> 00:13:26,480
So if you take your, I don't know, Nike hat, which platform, which platform bucket does

243
00:13:26,480 --> 00:13:28,480
this perform the best?

244
00:13:28,480 --> 00:13:31,480
And okay, all Nike hats should be sold on this platform.

245
00:13:31,480 --> 00:13:35,480
Now, if you're just the hat guy in general, well, you're probably going to have better

246
00:13:35,480 --> 00:13:41,480
results on the generalist platform where you can sell everything, which is indeed eBay.

247
00:13:41,480 --> 00:13:45,480
And then you can't send those hats to Amazon apparently because it's not new.

248
00:13:45,480 --> 00:13:48,480
They don't do used apparel as far as I'm aware.

249
00:13:48,480 --> 00:13:50,480
So, okay.

250
00:13:50,480 --> 00:13:57,480
But if Amazon suddenly decided to offer the ability to sell used apparel, maybe Amazon

251
00:13:57,480 --> 00:14:01,480
becomes the platform of choice for hats or apparel in general.

252
00:14:01,480 --> 00:14:06,480
But right now, you also got to think about that adjusting markets.

253
00:14:06,480 --> 00:14:09,480
What one platform can't do today doesn't mean they won't be able to do tomorrow.

254
00:14:09,480 --> 00:14:14,480
But staying over near lane over here, which has been tried and true for you so far, when

255
00:14:14,480 --> 00:14:19,480
that, again, opportunities come along, well, you should keep your eye out.

256
00:14:19,480 --> 00:14:20,480
Or a new platform comes along.

257
00:14:20,480 --> 00:14:22,480
Should you try what you sell?

258
00:14:22,480 --> 00:14:26,480
Maybe it does gangbusters over there for unknown reasons.

259
00:14:26,480 --> 00:14:29,480
But again, customer set, I think, has everything to do with it.

260
00:14:29,480 --> 00:14:34,480
I think every time you have an excuse, you should also have to have something to go right

261
00:14:34,480 --> 00:14:35,480
along with the excuse.

262
00:14:35,480 --> 00:14:38,480
Is it a change in your business that you're going to make to try to get different results?

263
00:14:38,480 --> 00:14:43,480
So every time you have this excuse in your head of why you're not getting the results

264
00:14:43,480 --> 00:14:47,480
you're getting, I want you to also have a change you're going to make in the business,

265
00:14:47,480 --> 00:14:49,480
see if you can get better results.

266
00:14:49,480 --> 00:14:53,480
I think that would kind of level you out because let's be real.

267
00:14:53,480 --> 00:14:58,480
It's a lot easier to get down on yourself in this business or have some crazy goal you

268
00:14:58,480 --> 00:15:02,480
don't hit in this business than it is to feel like you're riding high.

269
00:15:02,480 --> 00:15:03,480
It's never enough.

270
00:15:03,480 --> 00:15:09,480
It's not like you have a little text message you get from eBay or Amazon or Poshmark or

271
00:15:09,480 --> 00:15:12,480
Carly or Etsy that says, you did a great job today.

272
00:15:12,480 --> 00:15:14,480
You sold X amount of dollars.

273
00:15:14,480 --> 00:15:16,480
Nothing's ever enough for resellers.

274
00:15:16,480 --> 00:15:24,480
And I think that's another problem is we always feel like, well, I need to do $1,000 a day.

275
00:15:24,480 --> 00:15:31,480
And I realized this that like, shit, I sold $500 a day every day so far this month.

276
00:15:31,480 --> 00:15:32,480
That's crazy to me.

277
00:15:32,480 --> 00:15:33,480
That's great results.

278
00:15:33,480 --> 00:15:36,480
And Johnny's not going to be there to tell me good job.

279
00:15:36,480 --> 00:15:39,480
Nobody's here to tell you a good job in reselling.

280
00:15:39,480 --> 00:15:44,480
So it's a lot easier to get down on yourself and these excuses start to creep in because

281
00:15:44,480 --> 00:15:49,480
there's really no like, I'm not sending out certificates or like shaking your hand or

282
00:15:49,480 --> 00:15:53,480
giving you a high five when you get good results because you don't think they're good enough

283
00:15:53,480 --> 00:15:54,480
when they are.

284
00:15:54,480 --> 00:15:55,480
Right.

285
00:15:55,480 --> 00:15:57,480
I mean, think about when we first started.

286
00:15:57,480 --> 00:15:59,480
I'll just use eBay as example.

287
00:15:59,480 --> 00:16:02,480
You list your handful of items or whatever.

288
00:16:02,480 --> 00:16:03,480
Days go by.

289
00:16:03,480 --> 00:16:04,480
Maybe a week goes by.

290
00:16:04,480 --> 00:16:08,480
Maybe a couple of weeks go by depending on how much you've listed before you get your

291
00:16:08,480 --> 00:16:09,480
first sale.

292
00:16:09,480 --> 00:16:12,480
Think about how excited you are where you got your first sale.

293
00:16:12,480 --> 00:16:14,480
It's like your high, right?

294
00:16:14,480 --> 00:16:16,480
And then look at us today.

295
00:16:16,480 --> 00:16:18,480
Do we care about one sale?

296
00:16:18,480 --> 00:16:21,480
Does it have that same lustrous feeling we had once upon a time?

297
00:16:21,480 --> 00:16:22,480
No, it doesn't.

298
00:16:22,480 --> 00:16:26,480
We're always chasing, I'm going to call it the reseller high.

299
00:16:26,480 --> 00:16:28,480
It's never good enough like you were saying.

300
00:16:28,480 --> 00:16:33,480
Nothing compares to those initial feelings, but we want to recapture that.

301
00:16:33,480 --> 00:16:35,480
And okay, $500 isn't good enough a day.

302
00:16:35,480 --> 00:16:39,480
Now I want $800 and I won't be happy until I get there.

303
00:16:39,480 --> 00:16:42,480
And when you get there, there's that initial, yay, I got there.

304
00:16:42,480 --> 00:16:45,480
But then you push it the line a bit more.

305
00:16:45,480 --> 00:16:47,480
Now I want $1,000 a day.

306
00:16:47,480 --> 00:16:50,480
And I think it gets that feeling.

307
00:16:50,480 --> 00:16:54,480
Well, unfortunately, I think that feeling just permanently dies at some point.

308
00:16:54,480 --> 00:16:57,480
You're just making money and that's okay.

309
00:16:57,480 --> 00:17:02,480
But realize those feelings, those unsatisfied feelings you have, they're going to get less

310
00:17:02,480 --> 00:17:05,480
and less and less the more time you spend in the reselling market.

311
00:17:05,480 --> 00:17:11,480
I think people, the veterans that have been doing this 20 plus years,

312
00:17:11,480 --> 00:17:13,480
that feeling is dead in them.

313
00:17:13,480 --> 00:17:16,480
It doesn't exist anymore.

314
00:17:16,480 --> 00:17:18,480
I'm starting to get that way, honestly.

315
00:17:18,480 --> 00:17:19,480
It just doesn't matter to me.

316
00:17:19,480 --> 00:17:21,480
Yay, sales.

317
00:17:21,480 --> 00:17:27,480
The only time I have that is on the negative side when my sales are down.

318
00:17:27,480 --> 00:17:31,480
And I have these intense negative feelings like I'm doing everything wrong.

319
00:17:31,480 --> 00:17:34,480
What I've really done, nothing wrong.

320
00:17:34,480 --> 00:17:36,480
It just happens sometimes.

321
00:17:36,480 --> 00:17:40,480
But for that whole day, that 24-hour period, because that's how short of a window this usually is.

322
00:17:40,480 --> 00:17:45,480
It's one bad sale day before lots of good sales days usually come.

323
00:17:45,480 --> 00:17:47,480
I'm so hard on myself.

324
00:17:47,480 --> 00:17:50,480
And I think that beats you down a lot.

325
00:17:50,480 --> 00:17:55,480
And unless you have support or friends around you to tell you, no, it's just the day.

326
00:17:55,480 --> 00:17:57,480
Don't worry about it. It's just one sales day.

327
00:17:57,480 --> 00:18:00,480
I used to get so bent out of shape with stuff like that.

328
00:18:00,480 --> 00:18:03,480
It does not bother me the slightest bit.

329
00:18:03,480 --> 00:18:05,480
And you kind of hit it on the head, right?

330
00:18:05,480 --> 00:18:09,480
So I have this crazy goal that I want to do $500 in sales a day.

331
00:18:09,480 --> 00:18:11,480
I hit that goal.

332
00:18:11,480 --> 00:18:13,480
I enjoy it for about 10 seconds.

333
00:18:13,480 --> 00:18:15,480
And then my next goal is $1,000 a day.

334
00:18:15,480 --> 00:18:18,480
And it's going to take me six months to get there.

335
00:18:18,480 --> 00:18:21,480
So I'm happy for 10 seconds.

336
00:18:21,480 --> 00:18:25,480
And then I'm always chasing this next thing for the next five, six months.

337
00:18:25,480 --> 00:18:29,480
It's crazy to me how quickly dismissed the winds in this.

338
00:18:29,480 --> 00:18:32,480
And that's where the excuses creep in because you always feel like you're not doing enough.

339
00:18:32,480 --> 00:18:35,480
Thankfully for me, I'm A-OK doing what I do.

340
00:18:35,480 --> 00:18:37,480
The money I make, I'm perfectly fine with it.

341
00:18:37,480 --> 00:18:39,480
I don't want to be the biggest bookseller.

342
00:18:39,480 --> 00:18:41,480
I don't want to be the biggest media seller.

343
00:18:41,480 --> 00:18:42,480
I don't want to have a warehouse.

344
00:18:42,480 --> 00:18:43,480
I've accepted that.

345
00:18:43,480 --> 00:18:48,480
But in reselling, it's so hard to just be comfortable with where you're at

346
00:18:48,480 --> 00:18:52,480
and the results you're getting because everybody around you,

347
00:18:52,480 --> 00:18:55,480
there's always going to be people that are doing more money than me on Amazon.

348
00:18:55,480 --> 00:18:58,480
Johnny's always going to make more money every single month than me on Amazon.

349
00:18:58,480 --> 00:19:03,480
So that can easily be like, well, I'm never going to be as good enough as Johnny.

350
00:19:03,480 --> 00:19:07,480
A lot of people will see it that way, but I don't see it that way at all.

351
00:19:07,480 --> 00:19:08,480
And I'm A-OK with that.

352
00:19:08,480 --> 00:19:10,480
But it's a hard pill to swallow.

353
00:19:10,480 --> 00:19:15,480
It's kind of like a self-realization of what you want from your business and your life.

354
00:19:15,480 --> 00:19:20,480
And it's A-OK that you're not always chasing some crazy higher number.

355
00:19:20,480 --> 00:19:24,480
You don't always have to be thinking about expanding the business.

356
00:19:24,480 --> 00:19:27,480
Right. And it's really weird.

357
00:19:27,480 --> 00:19:32,480
I think in media, especially disc media, it's in the tangible things.

358
00:19:32,480 --> 00:19:34,480
Like we're mentioning, like the warehouse. Right.

359
00:19:34,480 --> 00:19:37,480
But I think of the disc media land, and it's going to sound funny.

360
00:19:37,480 --> 00:19:40,480
And if you're in this boat, you know exactly what I'm talking about.

361
00:19:40,480 --> 00:19:42,480
How many masters do you have?

362
00:19:42,480 --> 00:19:47,480
Like the big bad boy cleans 50 at a time disc machine.

363
00:19:47,480 --> 00:19:48,480
You have one master. Do you have two?

364
00:19:48,480 --> 00:19:51,480
Because these things are thousands and thousands of dollars.

365
00:19:51,480 --> 00:19:55,480
It's the same as I'm not saying it's intentional, but it's the same.

366
00:19:55,480 --> 00:19:56,480
It's a status symbol. Right.

367
00:19:56,480 --> 00:19:59,480
How many master machine just cleaning machines do you have?

368
00:19:59,480 --> 00:20:01,480
Because they're price tag. Right.

369
00:20:01,480 --> 00:20:03,480
Or how many warehouses do you have?

370
00:20:03,480 --> 00:20:06,480
There's big price tags attached to that.

371
00:20:06,480 --> 00:20:14,480
And I'm not saying that people that are successful and have an abundance of these things are trying to be unmodest or boastful at all.

372
00:20:14,480 --> 00:20:16,480
They built up their business.

373
00:20:16,480 --> 00:20:19,480
But I think it's a comparison of the measure up comparison.

374
00:20:19,480 --> 00:20:20,480
I don't even have one.

375
00:20:20,480 --> 00:20:23,480
He has eight. Wow.

376
00:20:23,480 --> 00:20:31,480
And you feel inadequate a little bit because you're not at that level or that stage of your business, but you got to realize you can't compare yourself to those people.

377
00:20:31,480 --> 00:20:35,480
They've worked the game differently than you and maybe perhaps even longer than you.

378
00:20:35,480 --> 00:20:40,480
And they've had different opportunities and different advantages come their way.

379
00:20:40,480 --> 00:21:00,480
And it's hard not to fill inadequate in those scenarios, but if you're planning on the warehouse game or the multiple disc cleaning machine game or forklift or whatever you want to compare, I think it's those tangible assets in the reselling game of the measure of success versus the individual sales.

380
00:21:00,480 --> 00:21:07,480
Like, and I think that's foolish. We shouldn't compare ourselves to these other people. Anyway, I'm rambling a little bit. I'll turn it back over to you.

381
00:21:07,480 --> 00:21:12,480
You're right, because at the end of the day, I see it all the time, right?

382
00:21:12,480 --> 00:21:16,480
You know, like people got people spend a lot more money on things than I do.

383
00:21:16,480 --> 00:21:21,480
And you have to accept the fact you are who you are and whatever you want your business to be.

384
00:21:21,480 --> 00:21:35,480
The opportunities there we said at the beginning, the opportunity, if you want to be the biggest clothing shoe vintage seller out there, it is out there for you to start today and start working towards those goals.

385
00:21:35,480 --> 00:21:46,480
And it's mind blowing that any single person, no matter what category, no matter what platform has the opportunity to be number one in reselling in that category on that platform.

386
00:21:46,480 --> 00:21:51,480
Any single person listening to this, if you take the steps to build your business, you can be number one.

387
00:21:51,480 --> 00:22:02,480
If you're willing to put in the time, if you're not willing to be a Mike and be okay with, you know, the 10 to $15,000 a month in sales, you can be the million dollar a month in sales person.

388
00:22:02,480 --> 00:22:07,480
If you build your business the right way and no other thing in the world.

389
00:22:07,480 --> 00:22:12,480
No other opportunity in the world is going to present that to you as a single individual.

390
00:22:12,480 --> 00:22:19,480
Like what else can you do and start in the universe that you have a chance to be a number one if you put in the time any effort.

391
00:22:19,480 --> 00:22:22,480
Right. And I was just thinking about something funny.

392
00:22:22,480 --> 00:22:27,480
Like what's the comparison to a disc cleaning machine in books and it's the conveyor belt. How big is your conveyor belt?

393
00:22:27,480 --> 00:22:34,480
Listen, if somebody talks that kind of nonsense, first thing I, you know what, first thing I'll be straight up with you here.

394
00:22:34,480 --> 00:22:37,480
I'll be a little bit of, get a little nasty here.

395
00:22:37,480 --> 00:22:42,480
First thing I hear when somebody's like, I got a conveyor belt and I got 35 disc cleaning machines.

396
00:22:42,480 --> 00:22:47,480
I think to myself, damn, you're probably in a whole bunch of debt and I don't want no parts of it.

397
00:22:47,480 --> 00:22:51,480
That's the first thing that comes to my mind when people are flashy with that kind of stuff.

398
00:22:51,480 --> 00:22:58,480
And like I guarantee you didn't pay cash for those $15,000 machines to $100,000 conveyor belt.

399
00:22:58,480 --> 00:23:04,480
Oh yeah. It's like, whoa, whoa, whoa. Don't ask me how big my conveyor belt is until you take me out to dinner first.

400
00:23:04,480 --> 00:23:14,480
I mean, it is crazy. The opportunities there, comparisons only lead to excuses for yourself as why you're not good as Johnny, why you're not good as me.

401
00:23:14,480 --> 00:23:21,480
You don't have to be me. You don't have to be Johnny. You find out what works for you and get into a comfortable situation.

402
00:23:21,480 --> 00:23:29,480
Because what happens here, you spin your tires. It becomes a grind. Reselling is no longer fun. You hate your life.

403
00:23:29,480 --> 00:23:33,480
It's so much damn work. You quit the biggest opportunity you have.

404
00:23:33,480 --> 00:23:42,480
And I do believe, I truly believe any single person that started selling on Amazon today, selling used media on Amazon today,

405
00:23:42,480 --> 00:23:48,480
can easily make thousands of dollars every single month within six months of starting brand new today.

406
00:23:48,480 --> 00:23:54,480
I'm talking you open your Amazon account today. I truly believe if you give this six months,

407
00:23:54,480 --> 00:24:01,480
you can put minimum an extra thousand dollars in your bank account within six months and do little work.

408
00:24:01,480 --> 00:24:09,480
Not a lot of work. I don't work a lot. Yes, there's going to be work. But with anything, there's work if you want results.

409
00:24:09,480 --> 00:24:17,480
But when it comes to the opportunity to make money and not be, you know, doing manual labor, UPS drivers, trash truck,

410
00:24:17,480 --> 00:24:25,480
like what we do is it hard work. And I'm on the third floor. I had it. I had six boxes going out this week to Amazon.

411
00:24:25,480 --> 00:24:32,480
And five of them were books, 45 pound boxes of books. They all had to come up the stairs and go back down.

412
00:24:32,480 --> 00:24:37,480
That still is not hard work compared to working for somebody else and making somebody else a whole bunch of money.

413
00:24:37,480 --> 00:24:46,480
So why wouldn't we all be jumping at this opportunity of reselling and finding stuff for so cheap and selling it?

414
00:24:46,480 --> 00:24:50,480
You don't you don't have to get crazy with it, right? You talk about it all the time.

415
00:24:50,480 --> 00:24:58,480
There's not many things in the world where you can go spend a dollar and it becomes a hundred dollar bill. It's magical.

416
00:24:58,480 --> 00:25:11,480
It very much is a magical experience. And here's here's the other thing. I used to get annoyed by this until we define the three types of resellers in this group.

417
00:25:11,480 --> 00:25:19,480
Actually, I haven't heard it outside of this group before. We have hobbyists, we have part timers and we have full timers.

418
00:25:19,480 --> 00:25:26,480
And I used to get annoyed by people who didn't have who weren't thinking about opportunity in the full time level.

419
00:25:26,480 --> 00:25:36,480
I've since changed my mind completely on that. It's because in my other group, it was you're either full time or you're transitioning to full time.

420
00:25:36,480 --> 00:25:42,480
There was no middle ground because that's what that group's geared toward. This group is not that way.

421
00:25:42,480 --> 00:25:50,480
And just because I was in that bubble for so long, it took me a while to well, think outside my own little group bubble.

422
00:25:50,480 --> 00:26:02,480
And thinking about it, okay, they don't want to go for not opportunity. They don't want to go for the intensity that full time has because they have outlying circumstances in their own life.

423
00:26:02,480 --> 00:26:12,480
But they're settling for the opportunities that's right for them. That's what gave me some peace of mind and stop the annoyance that was going in in my full time mentality brain.

424
00:26:12,480 --> 00:26:21,480
How do they give themselves the most opportunity? And it's usually a dollar amount for those people or an event like how many vacations I'm taking.

425
00:26:21,480 --> 00:26:33,480
And that's okay. What gives you the opportunities to get to there? So for you part timers and or hobbyist out there, if it's hobby money, it's just extra we're going to have a nice meal money.

426
00:26:33,480 --> 00:26:43,480
Cool. But what gets you that nice meal? Like how many steak restaurants do you want to go out to? If that's the lifestyle hobbyist thing you've chosen to do, which is fine.

427
00:26:43,480 --> 00:26:51,480
I still think you can think along those lines. What gives you the most opportunity to do that hobbyist thing you like to enjoy doing?

428
00:26:51,480 --> 00:26:55,480
I don't have the answers for you. Only you can come up with that yourself.

429
00:26:55,480 --> 00:27:05,480
I think the excuses stem from unsuccessful business results in reselling. And the only way that changes is by you changing something in your business.

430
00:27:05,480 --> 00:27:12,480
You can, there's always going to be things we can do better processing, sourcing, getting better sources, finding better items.

431
00:27:12,480 --> 00:27:22,480
There is always a change we can make to get different results in the business. But you have to do it and it's harder to do it than it is to cry about it.

432
00:27:22,480 --> 00:27:29,480
That's just the reality of anything. It's a lot easier for me to cry than it is for me to be like, all right, Johnny, I'm going to go do this instead.

433
00:27:29,480 --> 00:27:39,480
Or like, I'm going to go make this change in my business where I actually am doing something different and doing something different sometimes is scary because I've never done it this way before.

434
00:27:39,480 --> 00:27:50,480
But that's just the reality of reselling. You are the engine, you are the tires, you are the gasoline in the tank. There is nobody else. There is nothing else that's going to make it work.

435
00:27:50,480 --> 00:27:58,480
Right. It's like traveling down a highway to some location that's three hours away. Some guys are going to speed to get there. Some guys are going to drive the speed limit.

436
00:27:58,480 --> 00:28:06,480
Some people are driving under the speed limit and you have those weird people who like to get off every 10 minutes to go use the restroom or something.

437
00:28:06,480 --> 00:28:14,480
At the end of the day, everybody's going to get to the destination of their choice, going the pace they want to go.

438
00:28:14,480 --> 00:28:25,480
For people like Mike and I, we give advice on how to get there a little faster if you want to go a little faster. But if you don't, I used to care. No, I don't care.

439
00:28:25,480 --> 00:28:40,480
I'm like, okay, that's fine. You've chosen how you want to go. You don't want to go that fast or go that route perfectly fine. Maybe you want to get on the side road and have an adventure. Cool.

440
00:28:40,480 --> 00:28:45,480
But back to the topic of hand of opportunity.

441
00:28:45,480 --> 00:29:03,480
The landscape may change. Reselling may change in the near future. But what are you doing right now to give yourself opportunity, which translates to dollars to go do whatever it is you want to do, whether it's to grow your current business, go on those vacations, pay for your kids college fund.

442
00:29:03,480 --> 00:29:20,480
Right now, you can go do that. Nothing is undreamable at present. But if you wait, it may be. I'm not saying it will. I'm just saying it may be. So why wait, which was a previous podcast.

443
00:29:20,480 --> 00:29:42,480
The possibility excuse is such nonsense and so many people fall for it right like, well, Johnny, the fees are going to keep going up. So there's no point me even trying today right like, well, you know, you know what you could literally walk outside and get struck by lightning on a sunny day with no clouds in the sky, anything can happen.

444
00:29:42,480 --> 00:30:00,480
And it's good that you brought that up because you are basing the opportunity today off what might and probably will never happen right the comments never going to come wipe us out like it did the dinosaurs or aliens are going to show up and start abducting us right like Mars attacks.

445
00:30:00,480 --> 00:30:09,480
It's just, it's, it's never going to happen and if you let it limit your business today, you're cheating yourself every single time.

446
00:30:09,480 --> 00:30:17,480
Right, you're cheating, cheating your bank account if you got a family you're cheating you're cheating your family out of that money.

447
00:30:17,480 --> 00:30:29,480
Or your children out of that money or yourself out of that money, or your, your future dream home, out of that money you may never get that home is my point.

448
00:30:29,480 --> 00:30:34,480
I'm trying to say this calmly.

449
00:30:34,480 --> 00:30:37,480
You need to get off your butt.

450
00:30:37,480 --> 00:30:47,480
And you need to get to work and make as much as you can right now to do or achieve, usually with money, whatever it is you want.

451
00:30:47,480 --> 00:31:01,480
Because otherwise you're stuck working your nine to five you have a great nine to five. I don't know why you're listening to this if you are, and you truly love what you do.

452
00:31:01,480 --> 00:31:13,480
What's the right way to put it, you're blowing it. Stop blowing it. Yeah, yeah, I agree. I think you're right. It's, you're passing up a chance to possibly change your financial future.

453
00:31:13,480 --> 00:31:21,480
And that's the reason we resell, at least, I mean, I don't I don't want to be around resellers that just sell for fun I want to be around resellers that are here to make money.

454
00:31:21,480 --> 00:31:32,480
So, whole purpose is to make money reselling at least in me and Johnny's eyes and people we put ourselves around. So, if we can capitalize this on today and make as much money as we can.

455
00:31:32,480 --> 00:31:41,480
It's like, we're in like the machine. You ever see like the game show machines where they put you in it's like a wind hurricane and like the dollar bills are flying around.

456
00:31:41,480 --> 00:31:54,480
Oh yeah yeah yeah yeah that is literally the life we lead every single day how much money. When they put us in the machine. Can we grab before the machine turns off. That is the equivalent of reselling.

457
00:31:54,480 --> 00:32:07,480
If you're willing to bet on yourself, block out the noise, not compare yourself to these crazy people. And listen, Johnny don't know this but maybe I tell people yeah I got a book warehouse down in Texas, if you want to feel like you're cool and you fit in the

458
00:32:07,480 --> 00:32:17,480
whole club, then sure you can tell people you got a storage unit in central Pennsylvania, and if you need photos just let me know I'll send you a photo my storage unit, just in case it was like, no you don't.

459
00:32:17,480 --> 00:32:30,480
Here's a photo for you. It's become cool and complacent as a reseller out there I think. And the people that are winning are the ones doubling down on the opportunity of reselling and realizing, hey, this is crazy.

460
00:32:30,480 --> 00:32:41,480
The fact we can do what we do and make the money we can make. Why not ramp this up right now why not make as much as we possibly can that's the argument I have is, let's take advantage of everything around us let's.

461
00:32:41,480 --> 00:32:54,480
I mean, you don't got to get rich, but let's let's double you know what your goals are today let's put a little bit more work and or do something different and take advantage of this stupid opportunity of sending my stuff to Amazon.

462
00:32:54,480 --> 00:33:06,480
Never seeing it again. Never answering a customer message, never packing a single order. This is like a dream come true like I remember when I first started.

463
00:33:06,480 --> 00:33:18,480
I went to my first thrift store I remember me and Deb I didn't have the fancy Bluetooth scanner right. I'm just out there with my phone scanning books and I'm like, this is ridiculous like it's foolproof.

464
00:33:18,480 --> 00:33:32,480
And I just scan the things on my phone, it tells me whether or not to buy the item, and it shows me how much money I'm going to make like I don't even like, is this legal, like, I'm like, how is this even legal this is too easy.

465
00:33:32,480 --> 00:33:49,480
And then I am years later, and it's, it still blows my mind and I'm just thinking to myself like, what a crazy life. We leave Johnny the fact we have you know between both of us over 20,000 items sitting at Amazon somewhere that somebody's going to pick pack ship

466
00:33:49,480 --> 00:34:03,480
and send customers for us. And all we do is put them in a box slap a label on them. And every day, or every two weeks, a little birdie shows up outside our window with a nice paycheck of thousands of dollars.

467
00:34:03,480 --> 00:34:09,480
Buy item, pack item, ship item, collect money. That's our job.

468
00:34:09,480 --> 00:34:23,480
It's like a Disney movie it's too good to be true, dude, it's like, you know, the Willy Wonka chocolate factory. That's kind of what me and Johnny deal with media, and we, it's not just, you know, you don't even got to be crazy like Johnny and have to wear out

469
00:34:23,480 --> 00:34:39,480
you got to be crazy like me, and have a storage unit and have a YouTube channel we have so many success stories from people that you wouldn't even think have Amazon business if you pass them on the street and sold media, and they're making hundreds, $1,000

470
00:34:39,480 --> 00:34:53,480
a month doing this part time as extra income, and a lot of them are, you know, older folks, and they're crushing the game and I'm just like, you go get it, it's all out there for the taken and I love when I see results from people, you don't expect like you would

471
00:34:53,480 --> 00:35:07,480
never expect you know some of some of these people we have I won't give names but like we got some older ladies that are crushing it, like, listen, this is this is insane that they're putting up these types of numbers and not putting in that much work because they take it and treat it

472
00:35:07,480 --> 00:35:16,480
like a business when they're involved in it, whether that's five hours a week or 10 hours a week. That's how they get get the results and they seen the opportunity they know what's still there.

473
00:35:16,480 --> 00:35:19,480
So why not take advantage of it.

474
00:35:19,480 --> 00:35:37,480
So, I'm going to speak on the person that just maybe starting out. You're in your single one bedroom apartment, and most of it's taken up by your inventory, and you're just now getting the point of maybe getting a storage unit, or maybe a bigger apartment or two

475
00:35:37,480 --> 00:35:43,480
bedrooms so you could have one bedroom dedicated to your business or house.

476
00:35:43,480 --> 00:35:48,480
If that's the dream you're wanting to chase and continue to grow your business.

477
00:35:48,480 --> 00:35:58,480
You're doing the right thing you're taking advantage of the opportunities you're doing it in a safe way, but just because you see Mike over there with his storage unit or me with my warehouse, do not feel inadequate.

478
00:35:58,480 --> 00:36:07,480
You're doing the right thing and do not compare yourself to him I are the conveyor belt guy show me your conveyor belt how big is it right.

479
00:36:07,480 --> 00:36:08,480
Screw it.

480
00:36:08,480 --> 00:36:14,480
You do you. And you're gonna be successful doing it the way you're choosing to do it.

481
00:36:14,480 --> 00:36:23,480
I'll go first on this but I want to know what I need an excuse from you on why you don't do something in your business but I'll go first.

482
00:36:23,480 --> 00:36:30,480
Excuse why I don't spend more than 2025 hours a week in my business.

483
00:36:30,480 --> 00:36:44,480
Lame excuse, I'll be straight up with you but it's an excuse right. I got other things going on right I'm doing other income producing things outside of reselling.

484
00:36:44,480 --> 00:36:55,480
And the argument to that is, you all can, you know, tell me down below that hey, well, who cares find more time there's always more time and you're 100% right, Johnny good sit here and tell me till he's blue in the face Mike, you got more time sit down look at your schedule,

485
00:36:55,480 --> 00:37:11,480
and then you can go out and source. There's always more time for it so it's my excuse. Can you all debunk my excuse. Yeah, Johnny the monks it on a weekly basis but hey I need, I need, I need some kind of card I can pull out and say, hey, this is why I can't do it Johnny you know

486
00:37:11,480 --> 00:37:25,480
I gotta have that excuse and that's just the reality of we're all going to have different challenges and different excuses and I just gave you one that I give all the time of why I'm not in my Amazon business 40 hours a week.

487
00:37:25,480 --> 00:37:42,480
And if you want to continue to use it, you better believe it.

488
00:37:42,480 --> 00:37:55,480
I'm going to keep on that my business is mostly correct there's a few questions going on plus I'm moving into a warehouse, like the scope I'm doing I may narrow down next year and probably will narrow down even further.

489
00:37:55,480 --> 00:38:06,480
But just this year I decided this is the course need to go and it's just full steam ahead. Now, I have to move in order to bring on the new people because it's a hard ass to have people.

490
00:38:06,480 --> 00:38:20,480
When they're already established, those kind of employees are few and far between I'm afraid so that's the reason for my waiting and being around Mike, and he may take this as a knock but not really it's not meant to be.

491
00:38:20,480 --> 00:38:35,480
I need to relax a little bit more and enjoy life a little bit more because I love working all the time it's like, I'm not kidding when I say I love it, I truly do love working I always have workaholic but I get the point I would just need to relax

492
00:38:35,480 --> 00:38:43,480
and enjoy life a little bit more or else I miss out on the whole life and I've just worked all my life but again I do love working, I truly do.

493
00:38:43,480 --> 00:38:58,480
I think we're going to start doing like, we're going to plan to watch movies together right so I'll call you on the phone and we'll hit play at the same time because he's 100% correct right like his excuses, he wants to work as much as he can today,

494
00:38:58,480 --> 00:39:12,480
so maybe down the road there's a chance he can step back from the business and have that freedom. And he's nuts and I tell him all the time, just like he tells me to work more, I tell him to work less and these are the cards we hold and waving each other's faces.

495
00:39:12,480 --> 00:39:29,480
And, you know, it's tough to kind of find the balancing act and block out the noise and we're always going to have something going on everybody's life has something going on, whether that's moving taking care of a loved one, a child, a cat, a dog, a ferret and alligator whatever

496
00:39:29,480 --> 00:39:45,480
type of pet you may have. We all have different things in life, and don't see them as limiting factors in your business. We can work around these things. I mean, we were talking about, you know, going out and sourcing items.

497
00:39:45,480 --> 00:40:01,480
How many people work from home, source items from home and sell them online, they never even have to leave their house right, the excuses have to stop in my opinion and I do 100% believe that I've been doing this long enough that no excuses valid anymore

498
00:40:01,480 --> 00:40:16,480
no matter what type of disability you have and no matter what type of situation you're in. I've heard and I've seen it all, and I've seen people successful with the same excuse, somebody gave me, I've seen five other people successful that have the same exact situation

499
00:40:16,480 --> 00:40:29,480
or similar situations, you just have to be willing to put the time in the business and, and see this crazy opportunity of reselling today for what it is. It's, it's a way to print money Johnny just said it sure it takes a little bit of money to get started.

500
00:40:29,480 --> 00:40:34,480
Yeah, but this snowball effect of starting with $100.

501
00:40:34,480 --> 00:40:42,480
And the snowballs rolling down the hill it just keeps getting bigger and bigger and bigger as long as you are consistent.

502
00:40:42,480 --> 00:41:00,480
Here's another thing to take in. If you want to make a million dollars a year in this business.

503
00:41:00,480 --> 00:41:17,480
So, if truly your goal is to make x dollar amount. Do you have at least that number listed today if not, at least get to that first point to then figure out how many more additional things you need to list or box up on an annual basis to achieve your

504
00:41:17,480 --> 00:41:19,480
personal financial goal.

505
00:41:19,480 --> 00:41:24,480
Because unless you see those values, you'll never get there. So know your numbers.

506
00:41:24,480 --> 00:41:32,480
Yeah, creating creating unattainable goals just leads to excuses and you not doing anything I think you got to be realistic.

507
00:41:32,480 --> 00:41:50,480
Sure I want to make $3 trillion but if you got $1,000 in inventory listed like you're never. Yeah, and there's something to be said about getting results and hitting goals that are actually, you know, attainable within the timeframe you set because we all set these

508
00:41:50,480 --> 00:42:02,480
crazy goals right like you kind of just said like a million dollars like the one you always talk about is like 100 K year right like that's like oh my god, I'm a six figure reseller. Oh my god I'm so famous Johnny I walked down the block.

509
00:42:02,480 --> 00:42:09,480
I got paparazzi chasing me I'm trying to eat spaghetti at the restaurant and they're like snapping photos.

510
00:42:09,480 --> 00:42:20,480
So that's not the case. You have to set realistic goals and expectations, and not achieving them doesn't mean you have to create an excuse for why you didn't get there.

511
00:42:20,480 --> 00:42:30,480
It doesn't have to be an excuse, it can be okay here's why I didn't get there. This is not an excuse this is exactly why I didn't get to my goal. And here's how I plan to fix it.

512
00:42:30,480 --> 00:42:45,480
That's an excuse that's a realization of where you missed and how you missed the goal the excuses. Well, I was, I couldn't go out because I wasn't feeling good. That's the excuse, but the real answer is well, I just didn't source enough and I'm going to source more going

513
00:42:45,480 --> 00:42:46,480
forward.

514
00:42:46,480 --> 00:43:01,480
I need more number to think about. If you're wanting to retire, any, I don't know, $7.5 million, and you're only putting $50,000 a year into savings from your business.

515
00:43:01,480 --> 00:43:12,480
You're not going to make it, you're never going to be able to retire. So, whatever your retirement goal is what's that number what do you need to do in your business to get to that numbers at listing more getting better items.

516
00:43:12,480 --> 00:43:28,480
Maybe you do need to go the warehouse route, or maybe you do need to go the employee route, or maybe it's this, whatever this is for your personal retirement goals. That's the number to hone in on and for you as the business owner to figure out the pathway

517
00:43:28,480 --> 00:43:30,480
to get there.

518
00:43:30,480 --> 00:43:36,480
We're going to have to do a whole episode on this because it always comes to my mind, I am a man of simple basic math.

519
00:43:36,480 --> 00:43:42,480
Not the magical math a lot of people just kind of whip up in their minds.

520
00:43:42,480 --> 00:43:53,480
If the numbers don't number compute, then it doesn't matter. Right, like, no I love that if the numbers don't number this, you need to make a bumper sticker that's brilliant.

521
00:43:53,480 --> 00:43:56,480
It's true, one plus one every time equals to.

522
00:43:56,480 --> 00:44:14,480
In the recent world, we have these crazy ideas and numbers and equations, and it just doesn't make sense, it doesn't, you're never going to get there like it this is the math has the math problem has an answer, and the answer is the correct answer every

523
00:44:14,480 --> 00:44:28,480
time. So if you don't have the equation set. The answer is going to be the answer if you don't have the right parts of the equation, it doesn't matter. But in the recent world, we're all crazy and we all have these crazy ideas and numbers that we think we're going

524
00:44:28,480 --> 00:44:35,480
to attain, but we don't even have the first digit of the equation in order to even start building to the answer we want to get.

525
00:44:35,480 --> 00:44:41,480
100% I agree with everything you just said I love if the number doesn't number I'm going to use that now that's great.

526
00:44:41,480 --> 00:44:54,480
It's true it's true you know, first one to tell you you know I listened to the Ramsey podcast and I'm driving around the thrift stores. And he says it all the time the math is the math right like if you want x amount of dollars in retirement then you got to

527
00:44:54,480 --> 00:44:58,480
invest x amount, there's no other, there's no other path forward.

528
00:44:58,480 --> 00:45:13,480
If you need to put in $10,000 or x amount of years, will you reach your, your goal. No, maybe it's 20 no 30. Hey we did it at 30 at $30,000 a year based off my time frame gets me there.

529
00:45:13,480 --> 00:45:21,480
I don't care how many pieces of scratch paper you need to figure this out. As long as you figure it out and then go execute and do it.

530
00:45:21,480 --> 00:45:35,480
Yeah, I agree I'm going to wrap it up here with the idea that opportunity is everywhere the biggest opportunity and reselling is today and the craziest part about that is you don't have to spend a lot of money to get started, and that's the huge benefit

531
00:45:35,480 --> 00:45:50,480
that's why a lot of people start reselling is the capital in the beginning can be a little to none and you can turn this business into a beautiful thing that can make you 10s hundreds millions of dollars, if you just put in the time and the effort.

532
00:45:50,480 --> 00:45:55,480
So yeah, Johnny give me your last thoughts on capitalizing today on opportunity and reselling.

533
00:45:55,480 --> 00:45:59,480
Don't blow the opportunity today because it may not be there tomorrow for you.

534
00:45:59,480 --> 00:46:10,480
There you go. The comment may come, and if it does I'm just going to move to Texas Johnny's got an underground bunker somewhere, hopefully I mean I don't know he makes all this money apparently selling on Amazon I don't know I've never seen his numbers so it's a

535
00:46:10,480 --> 00:46:16,480
missile silo compound to be honest but yeah. All right, fair enough we'll talk to you all in next week's episode.

536
00:46:16,480 --> 00:46:31,480
Thanks for listening to another episode of the resellers mindset podcast today's full episode and all previous episodes are available to all YouTube members, along with the weekly zoom call and private discord, head on over to youtube.com backslash to use book

537
00:46:31,480 --> 00:46:46,480
the lowest $2.99 a month.

