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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 into another episode of Resellers Mindset podcast.

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Mike, next to Johnny.

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You probably all are tired of hearing me and Johnny run

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our mouths every single week.

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So we decided to dig up a fellow reseller, fellow YouTuber.

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We got Josh.

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So he's going to introduce himself down below.

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And as always, when we have a guest,

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we're going to pick his brain when it comes to his business

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and see where things go.

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So Josh, thanks for coming on.

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Introduce yourself.

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And yeah, man, we're excited to have you here.

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All right.

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So yeah, it's good to be here.

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My name is Josh.

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I sell books, CDs, DVDs, that type of stuff full time,

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eBay and Amazon.

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For the last few years, I've been doing more eBay full time.

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But over the last probably about 18 months or so,

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I've been transitioning more and more towards Amazon

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and kind of about at a 50-50 split now.

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So eventually going more towards Amazon.

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Got a YouTube channel as well.

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It's just my name, Josh Graf.

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So go ahead and check that out.

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But yeah.

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It's funny, man.

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I remember when I first found you on YouTube.

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This is probably, I don't know how long

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your channel's been around.

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But it definitely feels like it's at least been a year

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since I found you.

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And I remember you were parting out sewing machines.

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You had all these damn sewing machines.

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And since my wife, she is into embroidery

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and has embroidery business.

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I said, this guy's just piecing out all these damn machines.

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And I remember you were selling some of these little parts

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for stupid money.

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You were just buying them.

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Because every garage sale you go to

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has those crummy Singer machines thrown.

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And you probably, they just want them gone at that point.

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So that is actually how I actually discovered you.

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And I didn't even know you were big into media

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until I actually watched a few videos.

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And I said, wait a minute.

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This guy is literally doing the same thing as me.

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Yeah.

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Yes.

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I still can't walk by a good sewing machine sometimes.

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Every now and then, I probably pick two or three up a month.

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But that's about it right now.

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But it's so easy just to buy one for like 20, 30 bucks.

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Pull 30 parts off of it.

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And sell each of those parts for like 20, 30 bucks.

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It's easy for you, dude.

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You know all the parts.

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You know what brands are the best.

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You know what models are.

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But with anything, right?

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There's some, you got to pay your dues

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to kind of get a little bit ahead in the reselling world.

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It does take a little bit of knowledge.

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And the sell through rate is even worse than Johnny's.

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So that's the biggest problem with it.

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Yeah.

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Yeah.

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So I'm excited.

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You just need thousands of it to make up for it.

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Just keep buying.

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And it's fine.

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It'll be fine.

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You are a prime example of one of my, I would,

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converts, I like to call us.

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People that started with eBay and slowly migrate to Amazon.

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Now you're not fully there yet.

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In my deep, deep heart, I do believe one day,

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eBay will be a tiny percent of your business

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and Amazon will be a higher.

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I know you're laughing about it now,

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but give it some time, dude.

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All right?

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It takes a little bit.

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You got to warm up.

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You got to warm it up a little bit.

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You might go away like Johnny did.

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Then all of a sudden, you come crawling back.

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So what kind of, you know, you're heavy into eBay.

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Like how many listings do you have currently?

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So right now, let's just look.

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I got it right here.

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I should know this off the top of my head.

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I want to say it's 13,000.

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Yeah.

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Yeah.

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13,452.

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Looky there.

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That's, I mean, that's a lot of work in eBay land.

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And you, I know you say you primarily focus on,

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you know, the media aspect.

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Do you, are you like an everything seller

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on eBay nowadays or what?

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So I was an everything seller up until about six to 10 months

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ago.

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And I finally just said, you know what?

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I just need to focus on the media

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because that's always been the biggest portion of my business.

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And just by focusing in on that, it's

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made my time worth so much more because I can just

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focus on one task, get that one task done,

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and then go on to the next one.

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When you're selling everything, you're

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having to switch from one thing to the next,

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and you're all over the place.

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It just makes so much more sense to just focus in on one thing.

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So let's walk us through the day of a half eBay, half Amazon

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day.

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What does that look like for you?

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So days look really weird around here.

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So we've got three kids.

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We homeschool here.

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And one day from the next looks totally different around here.

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Basically, flexibility is the biggest thing

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that I love about this business is as long

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as I'm putting in about 40, 50 hours a week,

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it doesn't matter when I'm putting in those hours.

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I can put, so like today, we went

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to the eye doctor, and that took a couple hours out of the day.

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We took all the kids.

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Everybody went to the eye doctor.

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But after this call, you know what?

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I'll get off here, and I will price 30, 40, 50 books

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this evening, and it'll be just fine.

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But right now, we're listing about 100 items a week

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on eBay.

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So I'm doing about 20 a day on eBay.

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And then Amazon's whatever's coming in the door.

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This week, we put out 435 to Amazon,

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which is a pretty good week.

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So just getting done whatever we can done each day.

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Do you plan on, I mean, I guess I kind of, I don't know.

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So say you get in a realm where your Amazon starts overtaking

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your eBay in terms of revenue.

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I know you laughed about it, but is there a separate universe,

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Josh, that maybe down the road is fully committed to Amazon,

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and then it's like a 90-10 split or like a 95-5 split?

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Or like kind of the eBay store exists just in case

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the Grim Reaper on Amazon comes and gets you?

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I don't see myself liquidating my eBay store

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and all those 13,000 listings.

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That is a ton of hours of time put into that.

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And it can turn off a profit even if I'm not

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putting any time into that.

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I am starting to mess around a little bit with a VA

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as far as having them do listings from the photos.

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We're going to see how that goes.

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That's one I'm testing out right now.

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And honestly, pretty happy with the results

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that we're getting there.

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Just started that this week.

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But that was just one thing that we

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could do to take some time away from eBay,

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put a little bit more time on Amazon,

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but still keep my output the same.

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Do you keep saying we?

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Does the wife help?

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I'm going to assume wife or?

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Yeah, she helps quite a bit around here.

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So she's actually involved in a reselling business.

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It depends.

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It depends on what we got going on.

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Some weeks she does more than others.

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Some weeks she doesn't do anything.

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Some weeks she does quite a bit.

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It just kind of depends.

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Yeah, yeah, for sure.

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I mean, that makes sense.

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So she can basically throw you out the door

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and say, thanks for the business, buddy.

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So what does your sourcing week look like?

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Are you going out?

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Are you primarily ordering online

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and unpacking a bunch of packing peanuts or what?

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I love stuff coming to me.

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I do not want to live the same life of Mike

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as going out, having all these routes,

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and going all the different places.

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I will do that from time to time.

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And probably once every about two weeks,

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I'll go out and run a route for a day.

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Two or three times a month at the most.

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But I really like my inventory coming to me.

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And a lot of that is just built up from contacts,

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from different relationships in the business,

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different people mailing me stuff to my door.

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And then I have that.

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Or I've got relationships with a thrift store in town

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where I just go and I pick up all their books.

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Just take the trailer, fill it all the way up,

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spend a couple hundred bucks.

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And then I can sort it all here on site.

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I'm here with the family all day long.

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I don't have to leave and go and do other things.

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I'm here if I'm needed.

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And yeah, that's just the way I love getting the inventory

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right to the door.

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So it sounds like you're doing quite a bit

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as far as the inventory allotment per week.

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When did you first start upping the game?

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And we'll just call it bulk for lack of a better.

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When did you start getting doing more bulk?

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Like taking it really seriously?

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Okay, I just need to buy as much as I can

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because I can make pretty much unlimited money

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as long as I put in the hours.

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That's hard to say when that started.

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Like there's been...

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Okay, so it was probably 2020.

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I was at this estate sale,

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but they weren't supposed to be having estate sales.

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The guy was just selling everything in the house.

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They had to sell the house type of deal.

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And I wish I'd bought more now looking back on it.

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But at the time, like I completely filled my car up.

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There was no more room for books.

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I wish I'd unloaded it and loaded it again.

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Second trip, yeah, yeah.

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But man, that was a really good sale too.

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Like all these like woodworking books

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and tons and tons of cookbooks that

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I thought none of the cookbooks had value at the time.

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Just like, I didn't take any of the cookbooks

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and a whole bunch of them on like hype setting

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and different things like that, really niche stuff,

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which was really interesting.

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Made a ton of money,

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but that was really my first big purchase from there.

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But I'm gonna ask you,

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cause I did this last year.

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Have you gone back through your eBay inventory

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to see what you can send into Amazon?

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I did that when I first started on Amazon,

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but my knowledge of Amazon was so little at the time.

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I really probably should do it again

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with the knowledge that I have now.

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I've done it about two and a half times now

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and it's been worth it every time.

264
00:09:20,640 --> 00:09:23,120
Yeah, it's probably time to do that again.

265
00:09:24,000 --> 00:09:26,240
I did, so every year in January,

266
00:09:26,240 --> 00:09:28,920
I go through the oldest 10% of my store

267
00:09:28,920 --> 00:09:31,920
and I either delist it or end and relist

268
00:09:31,920 --> 00:09:34,260
or drastically lower the price.

269
00:09:34,260 --> 00:09:36,560
But that's my way of kind of getting through my old

270
00:09:36,560 --> 00:09:39,680
eBay inventory is getting rid of that oldest 10%.

271
00:09:39,680 --> 00:09:40,840
And there was one book in there

272
00:09:40,840 --> 00:09:43,000
that had been setting in my store from over three years.

273
00:09:43,000 --> 00:09:45,040
It was actually on type setting.

274
00:09:45,040 --> 00:09:47,960
It was from that big sale, like back in 2020.

275
00:09:47,960 --> 00:09:50,040
So I guess it was set there like four years.

276
00:09:50,040 --> 00:09:51,360
And I sent that into Amazon

277
00:09:51,360 --> 00:09:53,440
and it sold in like less than a week.

278
00:09:55,360 --> 00:09:56,720
Crazy.

279
00:09:56,720 --> 00:09:58,960
I'm curious, what do you do with all the stuff

280
00:09:58,960 --> 00:09:59,800
that ain't worth it, right?

281
00:09:59,800 --> 00:10:00,720
Because people like me,

282
00:10:00,720 --> 00:10:03,060
we don't wanna deal with the quantity.

283
00:10:03,060 --> 00:10:06,040
And then you have, you keep maybe 15,

284
00:10:06,040 --> 00:10:08,320
well you do eBay too, so it's probably closer.

285
00:10:08,320 --> 00:10:10,360
Do you have a roundabout of like how much percentage

286
00:10:10,360 --> 00:10:14,880
of every trailer load you actually list on eBay or Amazon?

287
00:10:14,880 --> 00:10:17,400
It depends a lot on the quality

288
00:10:17,400 --> 00:10:19,480
or so where it's coming from.

289
00:10:19,480 --> 00:10:23,440
That makes a huge, huge difference, but maybe 25%.

290
00:10:23,440 --> 00:10:26,240
But that includes like sellback companies as well,

291
00:10:26,240 --> 00:10:27,240
because I use them quite a bit.

292
00:10:27,240 --> 00:10:29,760
I typically work with three sellback companies.

293
00:10:29,760 --> 00:10:33,120
So I'm thinking about going down to just one, World of Books

294
00:10:33,120 --> 00:10:36,020
is the biggest one, sellback yearbook, of course.

295
00:10:36,020 --> 00:10:39,400
The second one I work with is Books Run.

296
00:10:39,400 --> 00:10:40,880
And I just feel like they've been accepting less

297
00:10:40,880 --> 00:10:42,360
and less stuff lately.

298
00:10:42,360 --> 00:10:44,440
And then I'll work with PALS sometimes

299
00:10:44,440 --> 00:10:46,360
because they'll just accept like some random stuff

300
00:10:46,360 --> 00:10:48,200
that nobody else wants for some reason.

301
00:10:48,200 --> 00:10:51,280
So what are you doing with the other 75% of y'all?

302
00:10:51,280 --> 00:10:53,640
So I've got two local bookstores

303
00:10:53,640 --> 00:10:54,640
that I work with quite a bit

304
00:10:54,640 --> 00:10:56,720
and I set aside stuff for them.

305
00:10:56,720 --> 00:11:00,760
And honestly, that's probably like another 25% of the stuff

306
00:11:00,760 --> 00:11:02,160
ends up going to them.

307
00:11:02,160 --> 00:11:05,680
And then the last 50% of that is either getting donated

308
00:11:05,680 --> 00:11:08,160
at a Goodwill not in this town

309
00:11:08,160 --> 00:11:10,880
or it is getting recycled, one of the two.

310
00:11:12,760 --> 00:11:17,760
So what kind of, under shipping, what do you do there?

311
00:11:19,160 --> 00:11:20,600
You're saying you're doing 20 a day

312
00:11:20,600 --> 00:11:22,600
and I'm assuming X amount are going out.

313
00:11:22,600 --> 00:11:24,560
And then plus you got your Amazon shipment.

314
00:11:24,560 --> 00:11:27,880
Are you doing shipping every day or are you doing it

315
00:11:27,880 --> 00:11:29,400
on the Amazon or are you doing it

316
00:11:29,400 --> 00:11:31,520
like once a week kind of deal?

317
00:11:31,520 --> 00:11:32,880
Okay.

318
00:11:32,880 --> 00:11:34,920
Are you talking on eBay or Amazon here?

319
00:11:34,920 --> 00:11:35,760
Both.

320
00:11:35,760 --> 00:11:38,360
Like I don't know how you have your shipping set up.

321
00:11:38,360 --> 00:11:39,800
It could be two day handling, three days,

322
00:11:39,800 --> 00:11:41,440
same day handling, et cetera.

323
00:11:41,440 --> 00:11:44,700
Okay, so for eBay, I have two day handling

324
00:11:44,700 --> 00:11:46,280
and I have everything stored offsite.

325
00:11:46,280 --> 00:11:48,920
I've got two 10 by 10 storage units

326
00:11:48,920 --> 00:11:50,180
that everything is stored in.

327
00:11:50,180 --> 00:11:51,800
They're climate controlled.

328
00:11:51,800 --> 00:11:55,120
They cost me like $206 per month,

329
00:11:55,120 --> 00:11:57,960
which for 13,000 items, you do the math on that.

330
00:11:57,960 --> 00:11:59,520
That's like a quarter,

331
00:11:59,520 --> 00:12:02,160
it's a quarter for the whole year per item.

332
00:12:02,160 --> 00:12:04,840
So everything is stored there.

333
00:12:04,840 --> 00:12:07,640
So I go there Monday, Wednesdays and Fridays,

334
00:12:07,640 --> 00:12:10,000
get everything that I need that has sold,

335
00:12:10,000 --> 00:12:13,080
drop off everything that I have just listed.

336
00:12:13,080 --> 00:12:16,440
And that usually takes about one minute

337
00:12:16,440 --> 00:12:19,160
for however many items I have to pull,

338
00:12:19,160 --> 00:12:21,120
including my driving there and back

339
00:12:21,120 --> 00:12:22,760
because it's pretty darn close.

340
00:12:22,760 --> 00:12:24,280
So then Monday, Wednesday, Fridays,

341
00:12:24,280 --> 00:12:25,740
we're doing the shipping.

342
00:12:25,740 --> 00:12:27,560
I usually on Tuesdays and Thursdays

343
00:12:27,560 --> 00:12:29,520
are usually my heavier Amazon days

344
00:12:29,520 --> 00:12:31,040
as far as sending out shipments.

345
00:12:31,040 --> 00:12:33,240
If I'm sending out Amazon shipments,

346
00:12:33,240 --> 00:12:36,600
since I'm not doing eBay shipping on those days,

347
00:12:36,600 --> 00:12:39,320
those are the days I'm usually focused more on Amazon.

348
00:12:40,840 --> 00:12:43,040
So let's talk about processing

349
00:12:43,040 --> 00:12:44,360
because to do what you're doing

350
00:12:44,360 --> 00:12:46,600
has to require so many processes.

351
00:12:47,480 --> 00:12:48,600
Like what do you do?

352
00:12:48,600 --> 00:12:50,320
Like you get a box in the mail

353
00:12:50,320 --> 00:12:53,280
or let's just say five boxes in the mail.

354
00:12:53,280 --> 00:12:55,760
What's the steps to process those five boxes?

355
00:12:56,800 --> 00:12:58,720
So it depends on where it's coming from

356
00:12:58,720 --> 00:13:00,200
and like what the plan is for it.

357
00:13:00,200 --> 00:13:02,940
So like, and who's sending it to me.

358
00:13:02,940 --> 00:13:05,560
So if I have somebody that does a lot of Amazon

359
00:13:05,560 --> 00:13:06,400
that's sending it to me

360
00:13:06,400 --> 00:13:09,680
and they're already saying, this is not good for Amazon.

361
00:13:09,680 --> 00:13:11,560
I'm not going to scan it with Scoutly

362
00:13:11,560 --> 00:13:13,960
or even look it up on Amazon.

363
00:13:13,960 --> 00:13:16,080
I'm gonna go straight to Terapeek,

364
00:13:16,080 --> 00:13:21,080
do my research there, price it and then move on.

365
00:13:21,160 --> 00:13:24,640
And it just depends on where it's coming from.

366
00:13:24,640 --> 00:13:26,320
It really does.

367
00:13:26,320 --> 00:13:27,160
Gotcha.

368
00:13:27,160 --> 00:13:27,980
Gotcha.

369
00:13:27,980 --> 00:13:30,360
Like if I'm pulling a bulk load of books out

370
00:13:30,360 --> 00:13:32,440
like from somebody that's not a reseller,

371
00:13:32,440 --> 00:13:35,480
like I've got a trailer load of books from a thrift store,

372
00:13:35,480 --> 00:13:37,240
I'm gonna make piles.

373
00:13:37,240 --> 00:13:39,240
Barcodes are gonna go up in one pile.

374
00:13:39,240 --> 00:13:41,760
Those are gonna get scanned with Scoutly.

375
00:13:41,760 --> 00:13:43,840
ISBNs, everything with ISBNs

376
00:13:43,840 --> 00:13:45,880
are gonna go into another pile.

377
00:13:45,880 --> 00:13:49,440
Anything without ISBNs gets set to the side

378
00:13:49,440 --> 00:13:51,680
and I will get to that when I can get to that

379
00:13:51,680 --> 00:13:54,200
because that stuff is what takes the most time.

380
00:13:54,200 --> 00:13:56,120
But anything with barcodes or ISBNs,

381
00:13:56,120 --> 00:13:58,480
we can get through quick, get it out of here

382
00:13:58,480 --> 00:13:59,720
so it's not setting around

383
00:13:59,720 --> 00:14:02,200
because I can not have stuff just setting around

384
00:14:02,200 --> 00:14:04,480
unprocessed taking up space.

385
00:14:04,480 --> 00:14:06,640
I'm gonna get you in a hot seat early on in this podcast.

386
00:14:06,640 --> 00:14:08,000
Usually I save these for the end

387
00:14:08,000 --> 00:14:09,600
but I'm feeling a little spicy today.

388
00:14:09,600 --> 00:14:12,840
So eBay land, do you promote your listings?

389
00:14:12,840 --> 00:14:14,440
Do you feel like they have to be promoted?

390
00:14:14,440 --> 00:14:16,520
And also, do you charge for shipping

391
00:14:16,520 --> 00:14:18,560
or are you a free shipper?

392
00:14:18,560 --> 00:14:21,720
Okay, I have traditionally promoted my listings

393
00:14:21,720 --> 00:14:23,120
in the past.

394
00:14:23,120 --> 00:14:25,840
However, recently, like say the last six months or so,

395
00:14:25,840 --> 00:14:28,640
I've quit promoting anything new that I'm sticking up

396
00:14:29,760 --> 00:14:31,460
and it seems to be doing just fine.

397
00:14:31,460 --> 00:14:33,080
Honestly, I've left all my old stuff

398
00:14:33,080 --> 00:14:35,280
that was already promoted, promoted

399
00:14:35,280 --> 00:14:36,320
because that stuff hasn't sold.

400
00:14:36,320 --> 00:14:38,820
It obviously needs the extra help.

401
00:14:38,820 --> 00:14:40,520
But I have not promoted anything new

402
00:14:40,520 --> 00:14:43,200
going into my store in the last six months

403
00:14:43,200 --> 00:14:44,520
and it seems just fine.

404
00:14:44,520 --> 00:14:47,480
I charge shipping, I do calculated based on the weight.

405
00:14:47,480 --> 00:14:52,240
I do media mail shipping for the majority of media items.

406
00:14:53,320 --> 00:14:54,160
Yeah.

407
00:14:54,160 --> 00:14:56,560
How much is media mail nowadays for like a one pound book?

408
00:14:56,560 --> 00:15:00,040
413, I think, somewhere around there.

409
00:15:00,040 --> 00:15:01,400
It's crazy how much it's gone up

410
00:15:01,400 --> 00:15:03,000
just in the past two or three years.

411
00:15:03,000 --> 00:15:05,400
It used to be, you know, you weren't even close to $4.

412
00:15:05,400 --> 00:15:07,000
Now we're already over $4.

413
00:15:08,360 --> 00:15:11,200
Yeah, I think media mail will be done

414
00:15:11,200 --> 00:15:12,420
within the next five years.

415
00:15:12,420 --> 00:15:14,720
I don't think it's gonna be around much longer.

416
00:15:14,720 --> 00:15:16,640
Yeah, just because the price doesn't even make sense.

417
00:15:16,640 --> 00:15:18,140
I'm curious.

418
00:15:18,140 --> 00:15:20,680
So as a fellow YouTuber,

419
00:15:20,680 --> 00:15:23,360
give me the story behind why you decided to start YouTube

420
00:15:23,360 --> 00:15:25,600
and why you continually upload videos.

421
00:15:25,600 --> 00:15:27,860
Because we know YouTubers aren't getting rich

422
00:15:27,860 --> 00:15:30,680
by any means necessary, especially resellers.

423
00:15:30,680 --> 00:15:32,120
Right.

424
00:15:32,120 --> 00:15:33,120
I just enjoy it.

425
00:15:33,120 --> 00:15:35,640
I don't know, it's a lot of fun, you know?

426
00:15:35,640 --> 00:15:37,960
And it's something like everybody that's doing YouTube

427
00:15:37,960 --> 00:15:40,920
wants to build it in order to become something,

428
00:15:40,920 --> 00:15:43,080
to have a channel that can make you some money.

429
00:15:43,080 --> 00:15:44,880
But it's something I enjoy doing,

430
00:15:44,880 --> 00:15:47,480
just going and documenting what I'm doing.

431
00:15:47,480 --> 00:15:50,320
And some videos I make just so I can look back on later

432
00:15:50,320 --> 00:15:51,480
and see where I'm at.

433
00:15:51,480 --> 00:15:53,360
Like I've been meaning to make a video

434
00:15:53,360 --> 00:15:56,180
like the top 20 categories I sold last year.

435
00:15:56,180 --> 00:15:57,800
I like making that video every year

436
00:15:57,800 --> 00:16:00,680
so I can see the split of what I've been selling

437
00:16:00,680 --> 00:16:02,680
over the last few years.

438
00:16:02,680 --> 00:16:04,600
And so I just enjoy doing that.

439
00:16:04,600 --> 00:16:05,540
I really-

440
00:16:05,540 --> 00:16:06,880
Don't you worry that, you know,

441
00:16:06,880 --> 00:16:08,480
you've given out all the secret sauce,

442
00:16:08,480 --> 00:16:10,240
like the video you just put out

443
00:16:10,240 --> 00:16:12,880
talking about, you know, selling DVDs on Amazon.

444
00:16:12,880 --> 00:16:15,120
I mean, you gave out some, I mean,

445
00:16:15,120 --> 00:16:16,280
the information you gave in there

446
00:16:16,280 --> 00:16:18,360
is like top secret information

447
00:16:18,360 --> 00:16:21,120
and anybody can kind of go to their local pawn shop

448
00:16:21,120 --> 00:16:22,480
and do exactly what you did.

449
00:16:22,480 --> 00:16:25,000
So, I mean, do you ever have that thought in your mind?

450
00:16:25,000 --> 00:16:26,240
Like, hey, I'm literally,

451
00:16:26,240 --> 00:16:28,240
because I'm in the same boat as you, right?

452
00:16:28,240 --> 00:16:30,640
We kind of, we don't keep any secrets

453
00:16:30,640 --> 00:16:31,960
and I'm just curious what your mindset is.

454
00:16:31,960 --> 00:16:33,600
I was about to say, this has come from the guy

455
00:16:33,600 --> 00:16:36,080
who told everybody how to ungate the whole category.

456
00:16:36,080 --> 00:16:38,400
I mean, I'm a specter of royalty checks

457
00:16:38,400 --> 00:16:40,120
and the mail is still haven't shown up with been here.

458
00:16:40,120 --> 00:16:42,600
But hey, I'm just curious, you know,

459
00:16:42,600 --> 00:16:45,720
your mindset behind putting out the good information

460
00:16:45,720 --> 00:16:47,440
that somebody can easily take today

461
00:16:47,440 --> 00:16:49,000
and start making money.

462
00:16:49,000 --> 00:16:51,640
I mean, these markets are so large.

463
00:16:51,640 --> 00:16:54,640
The media market as a whole is so huge.

464
00:16:55,600 --> 00:16:58,120
We might change it a tiny bit,

465
00:16:58,120 --> 00:17:01,580
but I don't think we're gonna affect the market whatsoever

466
00:17:01,580 --> 00:17:02,840
by bringing some more people to it.

467
00:17:02,840 --> 00:17:05,300
And the majority of people that watch these videos,

468
00:17:05,300 --> 00:17:07,200
they're not gonna actually do anything.

469
00:17:07,200 --> 00:17:09,240
And if they do, it's gonna be for a few weeks

470
00:17:09,240 --> 00:17:10,560
or a few months.

471
00:17:10,560 --> 00:17:13,140
There's constantly people coming into this space

472
00:17:13,140 --> 00:17:14,240
and out of this space,

473
00:17:14,240 --> 00:17:16,900
but people that actually stay here long-term

474
00:17:16,900 --> 00:17:18,940
for several years are pretty rare.

475
00:17:18,940 --> 00:17:21,360
You don't honestly see it very much.

476
00:17:21,360 --> 00:17:23,580
And those rare people, they would have done it

477
00:17:23,580 --> 00:17:25,440
or figured it out on their own eventually,

478
00:17:25,440 --> 00:17:28,560
because they're the kind that was stuck with it anyway.

479
00:17:28,560 --> 00:17:32,040
So I see you have a fancy disk cleaning machine behind you.

480
00:17:32,040 --> 00:17:32,880
Yes, I do.

481
00:17:32,880 --> 00:17:34,800
Ah, did you start with that one

482
00:17:34,800 --> 00:17:37,120
or did you start with little JFJ?

483
00:17:37,120 --> 00:17:38,660
This was the first one I got.

484
00:17:38,660 --> 00:17:39,500
Really?

485
00:17:39,500 --> 00:17:42,520
Because I did not wanna buy a second one.

486
00:17:42,520 --> 00:17:44,400
I got this one, and this isn't,

487
00:17:44,400 --> 00:17:48,600
it looks like an AutoSmart, but it's the older model.

488
00:17:48,600 --> 00:17:49,440
It's an-

489
00:17:49,440 --> 00:17:50,640
Oh, okay.

490
00:17:50,640 --> 00:17:51,540
That's how old it is.

491
00:17:51,540 --> 00:17:52,560
It's a senior.

492
00:17:54,060 --> 00:17:56,560
It's got a fancy touch pad on the top screen.

493
00:17:56,560 --> 00:17:57,400
I was looking at that.

494
00:17:57,400 --> 00:17:59,120
I thought it was an AutoSmart, just like you said.

495
00:17:59,120 --> 00:18:00,040
Okay.

496
00:18:00,040 --> 00:18:03,000
No, it's the model they had before the AutoSmart.

497
00:18:03,000 --> 00:18:03,840
Gotcha.

498
00:18:03,840 --> 00:18:07,120
Basically the same thing, but no, I love this thing.

499
00:18:07,120 --> 00:18:11,160
But part of me wants a master, but I'm just not there yet.

500
00:18:11,160 --> 00:18:12,600
Part of everybody wants a master.

501
00:18:12,600 --> 00:18:13,780
So yeah, I feel you.

502
00:18:13,780 --> 00:18:15,560
So what was it like getting that?

503
00:18:15,560 --> 00:18:16,840
What was the learning process

504
00:18:16,840 --> 00:18:19,480
for a disk cleaning machine of that caliber?

505
00:18:19,480 --> 00:18:21,240
This thing, there's no learning process.

506
00:18:21,240 --> 00:18:24,800
Like you just pop the disk in and it comes out beautiful.

507
00:18:24,800 --> 00:18:27,120
Like there's no learning process.

508
00:18:28,200 --> 00:18:30,800
I laugh every time I watch somebody use a JFJ

509
00:18:30,800 --> 00:18:33,560
or like all these tips and tricks.

510
00:18:33,560 --> 00:18:34,840
There's no tips and tricks.

511
00:18:34,840 --> 00:18:38,040
You just like, it just works.

512
00:18:38,040 --> 00:18:38,880
It just works.

513
00:18:38,880 --> 00:18:40,160
Yeah, but it's expensive, dude.

514
00:18:40,160 --> 00:18:42,160
How much you pay for that thing?

515
00:18:42,160 --> 00:18:43,000
I don't know.

516
00:18:43,000 --> 00:18:44,120
It's been about a year and a half ago.

517
00:18:44,120 --> 00:18:45,320
It was several thousand dollars.

518
00:18:45,320 --> 00:18:46,920
When they give the answer, I don't know.

519
00:18:46,920 --> 00:18:47,760
It's a lot.

520
00:18:47,760 --> 00:18:51,080
Yeah, that's why us JFJers are over here

521
00:18:51,080 --> 00:18:52,880
with our cheap asses on the floor,

522
00:18:52,880 --> 00:18:55,240
licking disk clean after they run through the machine

523
00:18:55,240 --> 00:18:58,140
and cleaning up the mess because we're broke, Josh.

524
00:18:58,140 --> 00:18:59,640
We ain't got the money, honey.

525
00:18:59,640 --> 00:19:00,480
All right.

526
00:19:00,480 --> 00:19:03,440
You just decided to jump deep end,

527
00:19:03,440 --> 00:19:05,520
no floaties on your arms, whatever.

528
00:19:05,520 --> 00:19:07,360
I'm either gonna sink or swim real quick

529
00:19:07,360 --> 00:19:08,200
and we're gonna find out.

530
00:19:08,200 --> 00:19:10,760
So that is a huge benefit to kind of just jumping in

531
00:19:11,680 --> 00:19:13,640
and kind of get in that level machine.

532
00:19:13,640 --> 00:19:16,040
And what I always tell everybody,

533
00:19:16,040 --> 00:19:17,520
like dude, it's justified, right?

534
00:19:17,520 --> 00:19:18,600
Like anybody watching this,

535
00:19:18,600 --> 00:19:21,080
like look at the amount of disk that's sitting there.

536
00:19:21,080 --> 00:19:22,920
I mean, he probably stacked these to show off.

537
00:19:22,920 --> 00:19:25,160
It's probably all 40 year old versions.

538
00:19:25,160 --> 00:19:27,040
It's the same exact DVD and Blu-ray,

539
00:19:27,040 --> 00:19:28,840
but I mean, it's justified.

540
00:19:28,840 --> 00:19:31,160
He spent the money because he knew he was gonna double down

541
00:19:31,160 --> 00:19:32,620
on this part of his business.

542
00:19:32,620 --> 00:19:35,960
So he paid for that machine 10 times over,

543
00:19:35,960 --> 00:19:38,040
50 times over already since buying it.

544
00:19:38,040 --> 00:19:39,400
So just have that in the back of your mind,

545
00:19:39,400 --> 00:19:41,400
like yeah, the machine's awesome

546
00:19:41,400 --> 00:19:42,980
and I should probably get one.

547
00:19:42,980 --> 00:19:44,080
But at the end of the day,

548
00:19:44,080 --> 00:19:48,100
I don't even process as many disks as you do

549
00:19:48,100 --> 00:19:49,800
because your model's different than mine.

550
00:19:49,800 --> 00:19:50,880
Everybody's model's different.

551
00:19:50,880 --> 00:19:53,880
If I'm only pulling out the JFJ once every two weeks,

552
00:19:53,880 --> 00:19:56,920
I don't need a fancy machine that you have versus you.

553
00:19:56,920 --> 00:19:58,600
You'd probably run that thing every single week

554
00:19:58,600 --> 00:19:59,720
to get some of these disks in.

555
00:19:59,720 --> 00:20:01,200
And I've even thought about it.

556
00:20:01,200 --> 00:20:03,280
What if you just bought like scratched up

557
00:20:03,280 --> 00:20:04,720
profitable disk off eBay?

558
00:20:04,720 --> 00:20:06,240
Like that's another way you could have inventory

559
00:20:06,240 --> 00:20:07,200
just come to your front door

560
00:20:07,200 --> 00:20:09,520
because all you gotta do is pop them in your little machine

561
00:20:09,520 --> 00:20:11,360
and they come out brand new.

562
00:20:11,360 --> 00:20:13,160
Yeah, I think in the video game category,

563
00:20:13,160 --> 00:20:15,080
that would make a lot of sense really,

564
00:20:15,080 --> 00:20:18,180
just five months and resurfacing them.

565
00:20:18,180 --> 00:20:19,280
Before I bought this thing,

566
00:20:19,280 --> 00:20:22,600
I had like five totes of scratch disks just saved up.

567
00:20:22,600 --> 00:20:25,940
So it basically paid for itself within that first month,

568
00:20:25,940 --> 00:20:27,440
getting those all out the door.

569
00:20:28,320 --> 00:20:30,000
So let's go back in time.

570
00:20:30,000 --> 00:20:32,960
Let's talk about whatever you're doing before

571
00:20:32,960 --> 00:20:36,220
and then what was the trigger for you to start reselling

572
00:20:36,220 --> 00:20:38,960
and then take us a step further than that

573
00:20:38,960 --> 00:20:41,920
to leave whatever you're doing before to just do reselling.

574
00:20:41,920 --> 00:20:45,240
Okay, so before I was teaching math

575
00:20:45,240 --> 00:20:47,200
at the university here in town,

576
00:20:47,200 --> 00:20:48,720
that was my previous career.

577
00:20:48,720 --> 00:20:51,780
I taught high school when I was at the university

578
00:20:51,780 --> 00:20:53,700
the last few years before I got here.

579
00:20:53,700 --> 00:20:54,540
Now, when I was there,

580
00:20:54,540 --> 00:20:57,600
I was also doing a lot of assessment writing on the sides,

581
00:20:57,600 --> 00:21:00,800
like ACT, SAT, that sort of thing.

582
00:21:00,800 --> 00:21:02,360
And actually when I left there,

583
00:21:02,360 --> 00:21:05,440
it was my plan to do much more of that.

584
00:21:05,440 --> 00:21:08,680
I was not planning on to doing more reselling.

585
00:21:08,680 --> 00:21:11,200
I was doing kind of reselling on the side for fun

586
00:21:11,200 --> 00:21:13,680
and just from extra pocket money.

587
00:21:13,680 --> 00:21:15,060
But after I left there,

588
00:21:15,060 --> 00:21:18,020
which would have been like May, 2021,

589
00:21:18,840 --> 00:21:20,680
every day I just wanted to resell more.

590
00:21:20,680 --> 00:21:23,100
I didn't wanna go write more ACT questions.

591
00:21:23,100 --> 00:21:25,480
I just wanted to resell more.

592
00:21:25,480 --> 00:21:27,840
And so like every day for the,

593
00:21:27,840 --> 00:21:29,120
probably about three or four months,

594
00:21:29,120 --> 00:21:32,000
I would just write less and resell more.

595
00:21:32,000 --> 00:21:33,680
And finally I was just like,

596
00:21:33,680 --> 00:21:35,420
why don't I just do what I wanna do?

597
00:21:35,420 --> 00:21:38,300
So here I am reselling now.

598
00:21:38,300 --> 00:21:40,160
So making that transition,

599
00:21:40,160 --> 00:21:41,960
cause there's a few people in Mike's group

600
00:21:41,960 --> 00:21:44,120
who are wanting to make that transition.

601
00:21:44,120 --> 00:21:45,640
How did you decide to do it?

602
00:21:45,640 --> 00:21:48,200
Was there a monetary goal you must meet

603
00:21:48,200 --> 00:21:50,980
or was there a certain amount of sales you must meet

604
00:21:50,980 --> 00:21:53,680
or what was the goalpost for you taking a walk

605
00:21:53,680 --> 00:21:54,520
from what you were doing?

606
00:21:54,520 --> 00:21:56,640
Cause that's a hard thing to do.

607
00:21:56,640 --> 00:22:01,640
So because I had the other bit of the assessment writing,

608
00:22:02,040 --> 00:22:03,340
I could go out each day

609
00:22:03,340 --> 00:22:05,800
and make the dollar amount I needed to.

610
00:22:05,800 --> 00:22:06,760
I can't even remember what the dollar amount,

611
00:22:06,760 --> 00:22:08,760
but I used to have this dollar amount in my mind

612
00:22:08,760 --> 00:22:11,720
that this is how much I need to make each day.

613
00:22:11,720 --> 00:22:14,160
And before that we had like a six month emergency fund.

614
00:22:14,160 --> 00:22:15,040
We were totally fine.

615
00:22:15,040 --> 00:22:18,400
If I made nothing for six months, we were great.

616
00:22:18,400 --> 00:22:19,960
And also I quit teaching in May.

617
00:22:19,960 --> 00:22:23,200
So I was still getting income for like another three months

618
00:22:23,200 --> 00:22:25,400
over the course of the summer.

619
00:22:25,400 --> 00:22:28,820
So I had plenty of extra time there

620
00:22:28,820 --> 00:22:31,240
where if I didn't make any money, I was fine.

621
00:22:31,240 --> 00:22:32,880
But I would go out each day and just say,

622
00:22:32,880 --> 00:22:35,200
hey, I need to make $500 today.

623
00:22:35,200 --> 00:22:36,680
And I can either make that writing

624
00:22:36,680 --> 00:22:38,560
or I can make that reselling.

625
00:22:38,560 --> 00:22:40,680
And I would just kind of balance that.

626
00:22:40,680 --> 00:22:41,920
And over the longterm, I was just like,

627
00:22:41,920 --> 00:22:43,700
I'd rather be doing this reselling stuff

628
00:22:43,700 --> 00:22:47,400
than writing all these ACT, SAT type questions.

629
00:22:48,280 --> 00:22:49,720
And was this also during,

630
00:22:49,720 --> 00:22:52,520
was this in the same timeframe COVID was going on?

631
00:22:52,520 --> 00:22:57,520
Okay, so this would have been like 2021, May 2021.

632
00:22:58,560 --> 00:22:59,480
Was it okay?

633
00:22:59,480 --> 00:23:02,720
So still in it, but we're on our way out of it essentially.

634
00:23:02,720 --> 00:23:04,780
Now during 2020, when everything was shut down,

635
00:23:04,780 --> 00:23:07,480
I was reselling quite a bit just because.

636
00:23:07,480 --> 00:23:10,040
The money was raining from the sky back then.

637
00:23:10,040 --> 00:23:13,800
Money everywhere and plenty of free time, so why not?

638
00:23:15,040 --> 00:23:16,300
Very cool.

639
00:23:16,300 --> 00:23:18,620
So what would you advise people

640
00:23:18,620 --> 00:23:20,880
who are wanting to make that transition now?

641
00:23:20,880 --> 00:23:25,000
And what's some general advice you'd have?

642
00:23:25,000 --> 00:23:27,720
You said you had six months of savings

643
00:23:27,720 --> 00:23:30,080
plus another three months of residual income,

644
00:23:30,080 --> 00:23:33,060
plus you were still doing part-time writing at the time.

645
00:23:35,080 --> 00:23:40,080
Do a lot of this business on the side

646
00:23:41,120 --> 00:23:42,840
before you jump in full-time.

647
00:23:42,840 --> 00:23:47,300
You should not leave one income source

648
00:23:47,300 --> 00:23:50,160
to go build another income source.

649
00:23:50,160 --> 00:23:51,560
You should leave an income source

650
00:23:51,560 --> 00:23:53,880
after you've already built up an income source

651
00:23:53,880 --> 00:23:56,220
and it's already flowing money in.

652
00:23:56,220 --> 00:23:57,380
That's the biggest thing.

653
00:23:57,380 --> 00:24:01,720
Don't leave income source A to go start income source B.

654
00:24:01,720 --> 00:24:03,720
And if you can understand that,

655
00:24:03,720 --> 00:24:06,800
then you can go build any business you want.

656
00:24:06,800 --> 00:24:08,220
And half of you didn't understand that,

657
00:24:08,220 --> 00:24:10,240
so please rewind and listen to it again.

658
00:24:10,240 --> 00:24:12,020
Yes, because it's very important.

659
00:24:13,520 --> 00:24:14,360
Very.

660
00:24:14,360 --> 00:24:17,040
Was there any point you were like,

661
00:24:17,040 --> 00:24:18,300
where you had to regret?

662
00:24:18,300 --> 00:24:20,640
Like sales were low for a month or something.

663
00:24:20,640 --> 00:24:21,840
Like what have I done?

664
00:24:23,000 --> 00:24:25,680
I mean, there's slow weeks, there's slow days,

665
00:24:25,680 --> 00:24:27,880
and that's just part of selling anything.

666
00:24:27,880 --> 00:24:30,800
Like people complain about this on eBay all the time.

667
00:24:30,800 --> 00:24:32,160
Like, oh no, it's a terrible week,

668
00:24:32,160 --> 00:24:34,160
or it's a terrible day, the way it is sometimes.

669
00:24:34,160 --> 00:24:35,520
Like there's going to be slow days.

670
00:24:35,520 --> 00:24:37,320
There's going to be slow weeks.

671
00:24:37,320 --> 00:24:39,640
And that would be the same if you are selling online

672
00:24:39,640 --> 00:24:43,600
or if you had a brick and mortar or wherever you're selling.

673
00:24:43,600 --> 00:24:46,200
But I typically look at it

674
00:24:46,200 --> 00:24:47,560
over the course of the whole month.

675
00:24:47,560 --> 00:24:48,960
Some months are down a little bit,

676
00:24:48,960 --> 00:24:50,840
some months are up a little bit.

677
00:24:50,840 --> 00:24:52,340
And some months are tighter than others,

678
00:24:52,340 --> 00:24:53,960
and some months are really great,

679
00:24:53,960 --> 00:24:56,020
but it all works out in the end.

680
00:24:57,080 --> 00:24:58,880
I have people that,

681
00:24:58,880 --> 00:25:00,560
because I got a lot of people that enjoy books,

682
00:25:00,560 --> 00:25:03,000
enjoy selling books, and they only do eBay.

683
00:25:03,000 --> 00:25:05,960
I'm curious about your decision to decide

684
00:25:05,960 --> 00:25:07,560
to even open up an Amazon store,

685
00:25:07,560 --> 00:25:11,240
because everybody is so afraid to, I don't know,

686
00:25:11,240 --> 00:25:12,900
step out of their comfort zone

687
00:25:12,900 --> 00:25:15,500
and even give Amazon a shot when it comes to media,

688
00:25:15,500 --> 00:25:17,640
when I think when it comes to media overall,

689
00:25:17,640 --> 00:25:19,800
it's definitely the platform you need to be on.

690
00:25:19,800 --> 00:25:21,680
But I'm just curious, what went through your mind

691
00:25:21,680 --> 00:25:25,400
and did you feel like it was kind of scammy

692
00:25:25,400 --> 00:25:27,120
when you first started watching videos

693
00:25:27,120 --> 00:25:29,600
about selling media on Amazon and you're like,

694
00:25:29,600 --> 00:25:30,840
I don't got to take photos

695
00:25:30,840 --> 00:25:32,280
and I don't got to deal with customers.

696
00:25:32,280 --> 00:25:33,720
I don't got to pack and ship.

697
00:25:33,720 --> 00:25:35,640
What was your mindset and what kind of push you

698
00:25:35,640 --> 00:25:36,480
to give it a shot?

699
00:25:36,480 --> 00:25:38,600
And was there any hiccups or anything early on

700
00:25:38,600 --> 00:25:40,200
where you're just like, I'm done with this.

701
00:25:40,200 --> 00:25:41,360
I'm just going to stick with eBay.

702
00:25:41,360 --> 00:25:42,520
I'm not even bothering.

703
00:25:42,520 --> 00:25:47,520
So Amazon feels scammy whenever you start watching videos,

704
00:25:48,080 --> 00:25:51,160
because some of the people putting out videos

705
00:25:51,160 --> 00:25:52,920
are kind of scammy.

706
00:25:52,920 --> 00:25:55,120
And so because of that, you start feeling like

707
00:25:55,120 --> 00:25:58,160
this whole idea of selling on Amazon is scammy,

708
00:25:58,160 --> 00:25:59,480
but it's really not.

709
00:25:59,480 --> 00:26:01,520
And the reason I started doing it more,

710
00:26:02,480 --> 00:26:04,880
when I first started it up was because I wanted

711
00:26:04,880 --> 00:26:07,000
to diversify where I'm selling stuff.

712
00:26:07,000 --> 00:26:09,280
If something ever happens to eBay,

713
00:26:09,280 --> 00:26:12,360
I need some other source of income coming in.

714
00:26:12,360 --> 00:26:15,680
So I'm already growing that other income source on the side.

715
00:26:15,680 --> 00:26:18,320
And that's what I've been doing with Amazon.

716
00:26:18,320 --> 00:26:19,560
Now, Amazon's weird.

717
00:26:19,560 --> 00:26:22,120
Amazon's kind of harder to get going,

718
00:26:22,120 --> 00:26:24,160
because with Amazon, there's really two things you need

719
00:26:24,160 --> 00:26:25,520
they don't give you at the beginning.

720
00:26:25,520 --> 00:26:27,760
You need that used buy box,

721
00:26:27,760 --> 00:26:31,320
and you need to be ungated in the majority of categories.

722
00:26:31,320 --> 00:26:33,400
And Amazon does not give you those two things

723
00:26:33,400 --> 00:26:37,040
until you start consistently sending in inventory.

724
00:26:37,040 --> 00:26:38,780
And that's what I didn't get for that first,

725
00:26:38,780 --> 00:26:40,520
probably year and a half was,

726
00:26:40,520 --> 00:26:43,560
I was not sending stuff in consistently enough.

727
00:26:43,560 --> 00:26:45,560
And so they did not give me that used buy box,

728
00:26:45,560 --> 00:26:48,320
and they did not give me the ungates

729
00:26:48,320 --> 00:26:49,880
in the majority of categories.

730
00:26:51,040 --> 00:26:53,200
It's so crazy to think about,

731
00:26:53,200 --> 00:26:55,320
if you just, kind of like you said,

732
00:26:55,320 --> 00:26:56,600
diversify a little bit,

733
00:26:56,600 --> 00:26:58,200
it kind of opens up a whole nother door

734
00:26:58,200 --> 00:27:00,040
and a whole nother income stream.

735
00:27:00,040 --> 00:27:02,240
I'm basically working in opposite, right?

736
00:27:02,240 --> 00:27:04,600
Like I have my eBay store that exists,

737
00:27:04,600 --> 00:27:05,440
ain't nothing on there,

738
00:27:05,440 --> 00:27:07,360
but like if something ever happens, then sure,

739
00:27:07,360 --> 00:27:09,120
I know how the platform works.

740
00:27:09,120 --> 00:27:11,200
And the idea that got me into Amazon was that

741
00:27:11,200 --> 00:27:12,800
I didn't have to take the eBay photos.

742
00:27:12,800 --> 00:27:14,680
I didn't have to pack and ship every single order.

743
00:27:14,680 --> 00:27:16,480
Like, yeah, the fees are high,

744
00:27:16,480 --> 00:27:19,500
but like everything's calculated for, right?

745
00:27:19,500 --> 00:27:22,120
Even in eBay, there's an eBay fee calculator.

746
00:27:22,120 --> 00:27:24,280
You know exactly how much you're gonna make

747
00:27:24,280 --> 00:27:26,060
at whatever price you sell.

748
00:27:26,060 --> 00:27:28,280
So the idea that people kind of get caught up with fees,

749
00:27:28,280 --> 00:27:30,280
and just from talking to you just on this podcast,

750
00:27:30,280 --> 00:27:32,440
I can tell like, you're not the guy that like,

751
00:27:32,440 --> 00:27:34,940
oh man, eBay must be down today.

752
00:27:34,940 --> 00:27:36,200
Like the sky's falling.

753
00:27:36,200 --> 00:27:38,240
Like you just do your work,

754
00:27:38,240 --> 00:27:41,240
and the results will come one way or another.

755
00:27:41,240 --> 00:27:42,080
Yeah.

756
00:27:42,080 --> 00:27:44,600
Consistency really will solve

757
00:27:44,600 --> 00:27:46,480
the majority of problems in your business.

758
00:27:46,480 --> 00:27:48,820
If you are consistently doing the right things,

759
00:27:48,820 --> 00:27:51,240
consistently putting out good product,

760
00:27:51,240 --> 00:27:53,540
it's gonna solve the majority of your issues.

761
00:27:53,540 --> 00:27:56,880
Like pick a number for how much you need to make on eBay

762
00:27:56,880 --> 00:27:58,720
each week or on Amazon,

763
00:27:58,720 --> 00:28:01,820
figure out how many units you need to be doing,

764
00:28:01,820 --> 00:28:03,140
do those number of units,

765
00:28:03,140 --> 00:28:05,920
and eventually everything's gonna fall into place.

766
00:28:05,920 --> 00:28:07,080
I agree with that 100%.

767
00:28:07,080 --> 00:28:08,720
Consistency is the number one thing.

768
00:28:08,720 --> 00:28:12,040
Two is process is to help your consistency be better.

769
00:28:12,040 --> 00:28:13,340
Right.

770
00:28:13,340 --> 00:28:15,480
I think those two things are very, very critical.

771
00:28:15,480 --> 00:28:18,720
But number one, I gotta believe it's consistency.

772
00:28:18,720 --> 00:28:21,560
And that's teachable to an extent,

773
00:28:21,560 --> 00:28:23,120
but it really comes from the willpower

774
00:28:23,120 --> 00:28:25,560
of the person being, okay, I gotta do it.

775
00:28:25,560 --> 00:28:26,880
Today's another day.

776
00:28:26,880 --> 00:28:28,280
I did it yesterday, but guess what?

777
00:28:28,280 --> 00:28:29,480
I gotta do it again today.

778
00:28:29,480 --> 00:28:30,480
It never ends.

779
00:28:30,480 --> 00:28:33,240
That's the thing I don't think click with many people.

780
00:28:33,240 --> 00:28:34,880
It never ends.

781
00:28:34,880 --> 00:28:35,880
That's the thing.

782
00:28:35,880 --> 00:28:38,560
And they'll give up or they'll want a day off

783
00:28:38,560 --> 00:28:41,620
or they didn't do a draft bank to take those days off

784
00:28:41,620 --> 00:28:43,320
and then they fall off the wagon.

785
00:28:43,320 --> 00:28:44,480
And then some people come back

786
00:28:44,480 --> 00:28:46,560
and then some people don't, unfortunately.

787
00:28:47,680 --> 00:28:48,520
It's not hard though.

788
00:28:48,520 --> 00:28:51,760
I mean, look how little bit of hours I put in last year.

789
00:28:51,760 --> 00:28:53,920
Like it's not hard to make money reselling

790
00:28:53,920 --> 00:28:55,720
by any stretch of the imagination.

791
00:28:55,720 --> 00:28:58,320
I mean, unless you're buying pure garbage,

792
00:28:58,320 --> 00:29:01,880
the list on eBay at cheap prices,

793
00:29:01,880 --> 00:29:05,280
like it's really not hard to make money reselling.

794
00:29:05,280 --> 00:29:08,240
I always say if I could train in chimpanzee

795
00:29:08,240 --> 00:29:09,680
to go scan stuff in stores,

796
00:29:09,680 --> 00:29:10,960
I could just sit at home all day

797
00:29:10,960 --> 00:29:12,400
and get a paycheck every two weeks.

798
00:29:12,400 --> 00:29:14,240
It is not hard, but you're right.

799
00:29:14,240 --> 00:29:17,000
Consistency, you can't train it, Johnny.

800
00:29:18,400 --> 00:29:21,320
I do coaching calls every single month with one-on-ones.

801
00:29:21,320 --> 00:29:23,280
And it's like Johnny says,

802
00:29:23,280 --> 00:29:25,440
like I can sit here and tell you,

803
00:29:25,440 --> 00:29:27,320
if you send more, you're gonna make more money.

804
00:29:27,320 --> 00:29:29,960
If you go out more and source more, you scan more items.

805
00:29:29,960 --> 00:29:31,780
The only difference between us three sitting here

806
00:29:31,780 --> 00:29:34,340
is how many items we're scanning on a single week.

807
00:29:34,340 --> 00:29:36,320
That's gonna decide how much we're sending to Amazon,

808
00:29:36,320 --> 00:29:38,120
which is gonna decide how much we get paid.

809
00:29:38,120 --> 00:29:40,160
There is no different at all.

810
00:29:40,160 --> 00:29:41,040
That's all it comes down to,

811
00:29:41,040 --> 00:29:42,720
but I can't tell you to go do it.

812
00:29:42,720 --> 00:29:43,560
And then you're just like,

813
00:29:43,560 --> 00:29:44,840
well, I don't feel like doing it today.

814
00:29:44,840 --> 00:29:47,860
Well, then you lose that day of productivity

815
00:29:47,860 --> 00:29:49,200
and you lose that day of sales.

816
00:29:49,200 --> 00:29:50,480
Like Josh was saying when he started,

817
00:29:50,480 --> 00:29:53,280
he wanted to do $500 a day in sales

818
00:29:53,280 --> 00:29:55,800
and profit that he's actually out there sourcing.

819
00:29:55,800 --> 00:29:57,840
But you gotta get off your ass and actually go do it.

820
00:29:57,840 --> 00:29:59,360
And I don't think it's teachable.

821
00:29:59,360 --> 00:30:01,520
And I think the world of reselling,

822
00:30:01,520 --> 00:30:02,580
anybody can start it.

823
00:30:02,580 --> 00:30:03,480
That's a great thing,

824
00:30:03,480 --> 00:30:05,800
but it's also a bad thing because a lot of people,

825
00:30:05,800 --> 00:30:07,440
they need the structure to say,

826
00:30:07,440 --> 00:30:10,080
hey, Johnny, you better get to work today, right?

827
00:30:10,080 --> 00:30:10,920
Or because you're just-

828
00:30:10,920 --> 00:30:11,760
I don't wanna.

829
00:30:11,760 --> 00:30:12,600
You're fired.

830
00:30:12,600 --> 00:30:14,000
And when it's just you, right?

831
00:30:14,000 --> 00:30:15,120
If I wanna sit around and be like,

832
00:30:15,120 --> 00:30:17,240
ah, nah, Josh, I'm good today.

833
00:30:17,240 --> 00:30:18,300
I'm not leaving the house.

834
00:30:18,300 --> 00:30:19,960
And you're like, dude, it's 70 degrees out.

835
00:30:19,960 --> 00:30:20,800
It's beautiful.

836
00:30:20,800 --> 00:30:21,620
Go scan some stuff.

837
00:30:21,620 --> 00:30:23,200
I'm like, nah, man, I don't gotta.

838
00:30:23,200 --> 00:30:24,360
I'll catch up on it tomorrow.

839
00:30:24,360 --> 00:30:27,020
Like, you know that ship sooner or later is gonna sink.

840
00:30:28,560 --> 00:30:31,400
So you've been doing this for a significant amount of time.

841
00:30:31,400 --> 00:30:33,920
What do you think is the biggest lesson learned?

842
00:30:35,360 --> 00:30:36,680
Oh, man.

843
00:30:36,680 --> 00:30:37,520
I know.

844
00:30:37,520 --> 00:30:38,880
I find it crazy in our industry

845
00:30:38,880 --> 00:30:41,280
that somebody that's just been doing this

846
00:30:41,280 --> 00:30:43,880
for three, four, five years,

847
00:30:43,880 --> 00:30:46,120
is somebody that's been around for a long time.

848
00:30:46,120 --> 00:30:47,800
It's really kind of weird.

849
00:30:47,800 --> 00:30:50,940
Mike, how long have you been making these videos?

850
00:30:52,040 --> 00:30:53,080
Too long, dude.

851
00:30:53,080 --> 00:30:53,920
Too long.

852
00:30:53,920 --> 00:30:54,760
I couldn't.

853
00:30:54,760 --> 00:30:56,240
I'm actually- Longer than I've been reselling.

854
00:30:56,240 --> 00:30:57,080
I know that.

855
00:30:57,080 --> 00:30:57,920
It is.

856
00:30:57,920 --> 00:31:00,760
It's probably been a solid four or five years

857
00:31:00,760 --> 00:31:04,120
of putting out videos every single week.

858
00:31:04,120 --> 00:31:07,000
I know we say that, but in any other industry,

859
00:31:07,000 --> 00:31:07,840
if you were to say,

860
00:31:07,840 --> 00:31:10,000
I've been doing this four or five years,

861
00:31:10,000 --> 00:31:13,520
that's not enough to be really there a long time.

862
00:31:13,520 --> 00:31:15,360
Senior management, essentially, right?

863
00:31:15,360 --> 00:31:16,200
I know.

864
00:31:16,200 --> 00:31:19,360
You're just barely rising up in the ranks.

865
00:31:19,360 --> 00:31:21,640
Well, reseller years are like dog years.

866
00:31:21,640 --> 00:31:25,000
Every year reselling is like seven years for everybody else.

867
00:31:25,000 --> 00:31:27,640
And so that's always where I kind of struggle

868
00:31:27,640 --> 00:31:28,480
with this type of stuff.

869
00:31:28,480 --> 00:31:30,280
Like, yeah, I've been doing this three or four years,

870
00:31:30,280 --> 00:31:32,440
but that's not really a lot

871
00:31:32,440 --> 00:31:33,840
when I compare that to other industries.

872
00:31:33,840 --> 00:31:34,720
But I guess we haven't here.

873
00:31:34,720 --> 00:31:37,980
But anyways, your question was, what again?

874
00:31:38,880 --> 00:31:40,600
What is your biggest learning experience

875
00:31:40,600 --> 00:31:42,840
across your reselling journey?

876
00:31:45,040 --> 00:31:49,360
I guess the biggest thing I thought at the beginning

877
00:31:49,360 --> 00:31:52,960
that I don't know now is, or let me free.

878
00:31:52,960 --> 00:31:54,720
The biggest thing that I didn't know at the beginning

879
00:31:54,720 --> 00:31:56,800
that I know now is like,

880
00:31:56,800 --> 00:31:57,760
you've got to be patient.

881
00:31:57,760 --> 00:31:59,880
Stuff is going to eventually sell.

882
00:31:59,880 --> 00:32:02,840
Like, and part of that was from kind of starting selling

883
00:32:02,840 --> 00:32:04,400
a lot more in 2020.

884
00:32:04,400 --> 00:32:06,760
In 2020, if you listed something, it just-

885
00:32:06,760 --> 00:32:07,600
Different rules.

886
00:32:07,600 --> 00:32:09,080
Yeah.

887
00:32:09,080 --> 00:32:10,200
Oh my goodness.

888
00:32:10,200 --> 00:32:12,800
Like stuff just sold as soon as you listed it.

889
00:32:12,800 --> 00:32:15,000
But just have patience.

890
00:32:15,000 --> 00:32:16,760
It's sitting in Amazon's warehouse.

891
00:32:16,760 --> 00:32:19,240
It'll sell there or it's sitting in my storage unit.

892
00:32:19,240 --> 00:32:20,440
It'll sell eventually.

893
00:32:20,440 --> 00:32:22,640
Like, just be patient with these items.

894
00:32:22,640 --> 00:32:24,280
Don't think about them.

895
00:32:24,280 --> 00:32:25,400
They will sell.

896
00:32:26,400 --> 00:32:28,720
See, I didn't start the year before COVID.

897
00:32:28,720 --> 00:32:31,720
I'd like to compare the year before COVID

898
00:32:31,720 --> 00:32:34,280
and the year after COVID and see how similar they are.

899
00:32:34,280 --> 00:32:36,800
Cause I'm not including the years of COVID

900
00:32:36,800 --> 00:32:38,800
as any kind of solid data.

901
00:32:40,000 --> 00:32:41,320
Those were some wild years.

902
00:32:41,320 --> 00:32:42,160
Yeah.

903
00:32:42,160 --> 00:32:43,000
Stuff like that.

904
00:32:43,000 --> 00:32:44,800
I made stupid money then.

905
00:32:44,800 --> 00:32:46,680
And like anything would sell.

906
00:32:46,680 --> 00:32:47,520
Exactly.

907
00:32:47,520 --> 00:32:50,280
I think the thing with the conversation though is

908
00:32:51,360 --> 00:32:53,000
you did it the correct way, Josh, right?

909
00:32:53,000 --> 00:32:57,640
Like, so you don't need your book to sell today, right?

910
00:32:57,640 --> 00:33:01,040
Like you had the money set aside.

911
00:33:01,040 --> 00:33:03,440
And in today's world, unfortunately,

912
00:33:03,440 --> 00:33:06,760
most people are, we need instant gratification, right?

913
00:33:06,760 --> 00:33:08,440
Like that's why Amazon delivers your shit

914
00:33:08,440 --> 00:33:09,760
same day, next day.

915
00:33:09,760 --> 00:33:12,560
And unfortunately in the resale world,

916
00:33:12,560 --> 00:33:16,240
I can't afford to wait more than a week for this to sell.

917
00:33:16,240 --> 00:33:19,880
So it also benefits you that made the transition

918
00:33:19,880 --> 00:33:21,440
in a way that actually made sense

919
00:33:21,440 --> 00:33:24,600
where you didn't need your stuff to sell that same week.

920
00:33:24,600 --> 00:33:27,440
Like you didn't need to take that immediate payout

921
00:33:27,440 --> 00:33:30,720
from eBay or Amazon to kind of go fund your business.

922
00:33:30,720 --> 00:33:33,520
And it's hard, but I always tell everybody,

923
00:33:33,520 --> 00:33:35,200
listen, you were doing your job

924
00:33:35,200 --> 00:33:36,880
and you hated it for 10 years.

925
00:33:36,880 --> 00:33:38,680
What's another six months of building a business

926
00:33:38,680 --> 00:33:39,680
on the side gonna do to you?

927
00:33:39,680 --> 00:33:42,040
Like you already been dealing with it.

928
00:33:42,040 --> 00:33:42,880
Yeah.

929
00:33:42,880 --> 00:33:44,880
Yeah, you can build this up slowly

930
00:33:44,880 --> 00:33:45,720
and it can be really good.

931
00:33:45,720 --> 00:33:47,160
I mean, I got 13,000 items.

932
00:33:47,160 --> 00:33:51,240
I don't care which dozen or two or three dozen of them sell

933
00:33:51,240 --> 00:33:52,320
over the next day or two.

934
00:33:52,320 --> 00:33:55,080
Like some of them will sell, most of them won't,

935
00:33:55,080 --> 00:33:56,360
but enough of them will sell

936
00:33:56,360 --> 00:33:58,240
that I can put money in my pocket.

937
00:33:58,240 --> 00:34:00,600
I can pay the mortgage and we can all be good.

938
00:34:00,600 --> 00:34:03,080
This is where like 95% of our income comes from

939
00:34:03,080 --> 00:34:05,040
is selling this stuff online.

940
00:34:05,040 --> 00:34:07,960
And it doesn't matter which of these items sells.

941
00:34:07,960 --> 00:34:09,280
Some of them will.

942
00:34:09,280 --> 00:34:11,680
It's a guarantee with 13,000 of them,

943
00:34:11,680 --> 00:34:14,080
enough of them will that the bills are all paid.

944
00:34:15,280 --> 00:34:17,120
So we talk about relationships quite a bit.

945
00:34:17,120 --> 00:34:18,960
And earlier on, you said you had relationships

946
00:34:18,960 --> 00:34:20,760
with a couple of bookstores.

947
00:34:20,760 --> 00:34:23,520
How did that come to be and why did it come to be?

948
00:34:23,520 --> 00:34:26,520
Was it solving an issue?

949
00:34:26,520 --> 00:34:29,160
So both of the bookstores I'm working with,

950
00:34:29,160 --> 00:34:31,320
the used bookstores are both like

951
00:34:31,320 --> 00:34:33,400
newer used bookstores, believe it or not,

952
00:34:33,400 --> 00:34:36,520
which I do think there's a bit of a revival right now

953
00:34:36,520 --> 00:34:39,200
in the used bookstore market.

954
00:34:39,200 --> 00:34:40,040
Yes.

955
00:34:40,040 --> 00:34:42,720
So one of them is a younger girl

956
00:34:42,720 --> 00:34:45,320
that she bought out the used bookstore in town,

957
00:34:46,400 --> 00:34:47,600
which, oh my goodness.

958
00:34:47,600 --> 00:34:50,280
Turnkey operation, sure, yeah.

959
00:34:50,280 --> 00:34:51,960
Looks so much better now.

960
00:34:51,960 --> 00:34:54,680
Like it was claustrophobic walking in there before.

961
00:34:54,680 --> 00:34:56,520
I didn't work with them before

962
00:34:56,520 --> 00:34:59,600
because I didn't want to walk into that building.

963
00:34:59,600 --> 00:35:03,360
But I take her about two totes worth of books.

964
00:35:03,360 --> 00:35:06,680
She looks through them, usually buys half of them,

965
00:35:06,680 --> 00:35:09,000
gives me cash, and then we walk out.

966
00:35:09,000 --> 00:35:10,520
And it's absolutely a beautiful deal.

967
00:35:10,520 --> 00:35:13,480
I'm in there for like 10 minutes, amazing.

968
00:35:13,480 --> 00:35:14,320
And then the other one,

969
00:35:14,320 --> 00:35:15,880
they will just take anything I take to them,

970
00:35:15,880 --> 00:35:18,400
but they have a limit to what I can bring them each week.

971
00:35:18,400 --> 00:35:21,280
But they're like three minutes from my house.

972
00:35:21,280 --> 00:35:25,600
So like I go by there every week, very consistently,

973
00:35:25,600 --> 00:35:29,760
same day, same time, and we have a great time.

974
00:35:29,760 --> 00:35:31,320
I talk to them.

975
00:35:31,320 --> 00:35:33,320
You got to talk to these people when you go in there.

976
00:35:33,320 --> 00:35:34,640
You can't just want to go in there

977
00:35:34,640 --> 00:35:36,640
and just want to have a business transaction.

978
00:35:36,640 --> 00:35:39,800
You got to go in there, talk to people, smile.

979
00:35:40,960 --> 00:35:42,600
They need to be happy to see you.

980
00:35:45,040 --> 00:35:46,400
Yeah, I think that's very critical

981
00:35:46,400 --> 00:35:49,800
because if it's totally robotic transactional,

982
00:35:49,800 --> 00:35:52,000
they're not going to throw you a bone here and there

983
00:35:52,000 --> 00:35:53,360
or give you an opportunity

984
00:35:53,360 --> 00:35:55,240
that would have never come your way

985
00:35:55,240 --> 00:35:57,920
if you were not nice and culture.

986
00:35:59,600 --> 00:36:01,880
Just human decency, honestly.

987
00:36:01,880 --> 00:36:02,840
Treat them like a human

988
00:36:02,840 --> 00:36:04,800
and they'll treat you a human right back.

989
00:36:04,800 --> 00:36:08,000
Well, my natural inclination is to like go in there

990
00:36:08,000 --> 00:36:09,960
and just make the transaction and go on.

991
00:36:09,960 --> 00:36:11,400
It's business, that's what we're doing.

992
00:36:11,400 --> 00:36:14,200
But like, there's got to be more to these relationships

993
00:36:14,200 --> 00:36:16,320
if you want to build these relationships

994
00:36:16,320 --> 00:36:19,960
and have them actually grow long-term.

995
00:36:19,960 --> 00:36:20,920
I agree.

996
00:36:20,920 --> 00:36:23,200
And it's so silly how you can easily land some of these.

997
00:36:23,200 --> 00:36:28,560
But again, it's that mindset of, you know,

998
00:36:28,560 --> 00:36:31,840
so many people that Resolve rely solely on thrift stores.

999
00:36:31,840 --> 00:36:34,600
And it's like, I try to get people away

1000
00:36:34,600 --> 00:36:37,200
from these damn thrift stores as far as I possibly can.

1001
00:36:37,200 --> 00:36:39,280
And for some reason, it's like this,

1002
00:36:39,280 --> 00:36:41,520
you can't escape the orbit of the sun, right?

1003
00:36:41,520 --> 00:36:44,120
It's like the thrift stores, they got to go to that goodwill.

1004
00:36:44,120 --> 00:36:47,760
Like, I'm curious, thrift stores in your area,

1005
00:36:47,760 --> 00:36:50,640
I know you're not out running in them all the time like I am,

1006
00:36:50,640 --> 00:36:52,960
but have you seen the change as well

1007
00:36:52,960 --> 00:36:54,040
in thrift stores in your area?

1008
00:36:54,040 --> 00:36:55,000
Are prices going up?

1009
00:36:55,000 --> 00:36:57,000
Are they selling things online?

1010
00:36:57,000 --> 00:36:59,640
Like, what's your take on the thrift store situation?

1011
00:37:00,600 --> 00:37:02,480
Prices are definitely going up some.

1012
00:37:03,520 --> 00:37:07,240
I don't see the outside of the big chains, the smaller ones,

1013
00:37:07,240 --> 00:37:09,560
I usually go to the smaller thrift stores.

1014
00:37:09,560 --> 00:37:10,400
That's where I'm going.

1015
00:37:10,400 --> 00:37:13,360
They're still not selling online, at least in my area.

1016
00:37:13,360 --> 00:37:17,560
The big places like your Goodwills or your Salvation Armies

1017
00:37:17,560 --> 00:37:19,520
or whatever you have in your area.

1018
00:37:20,920 --> 00:37:24,000
I don't go in those, like just don't.

1019
00:37:24,000 --> 00:37:25,640
Nobody's gonna listen to you, dude.

1020
00:37:25,640 --> 00:37:26,480
Good try though.

1021
00:37:26,480 --> 00:37:28,680
Every couple of months to look around,

1022
00:37:28,680 --> 00:37:32,240
but like, now I did go to a Goodwill grand opening

1023
00:37:32,240 --> 00:37:34,560
a while back and I did absolutely great.

1024
00:37:34,560 --> 00:37:38,600
Like they had this in-cap that was really nice

1025
00:37:38,600 --> 00:37:40,240
that I just took the whole in-cap.

1026
00:37:40,240 --> 00:37:42,480
But the places to source from,

1027
00:37:43,680 --> 00:37:45,080
thrift stores are at the bottom.

1028
00:37:45,080 --> 00:37:46,560
I'd rather go to a garage sale

1029
00:37:46,560 --> 00:37:49,000
before I go to a thrift store, honestly.

1030
00:37:49,880 --> 00:37:51,080
They are pretty much bottom wrong.

1031
00:37:51,080 --> 00:37:54,320
And also they're farther away from me to be fair.

1032
00:37:54,320 --> 00:37:56,280
But even if they were around me,

1033
00:37:56,280 --> 00:37:58,360
I still think they would be bottom tier

1034
00:37:58,360 --> 00:38:01,200
sourcing opportunities in the world of media, honestly.

1035
00:38:02,880 --> 00:38:03,720
Go ahead.

1036
00:38:04,600 --> 00:38:06,800
The one thing about thrift stores is

1037
00:38:06,800 --> 00:38:09,040
if you can get in to just bottom,

1038
00:38:09,040 --> 00:38:10,920
get in to just buy all their books

1039
00:38:10,920 --> 00:38:13,960
and convince them to quit selling books,

1040
00:38:13,960 --> 00:38:15,480
that can be very, very good.

1041
00:38:15,480 --> 00:38:17,360
So going in, building relationships,

1042
00:38:17,360 --> 00:38:19,680
convincing them to quit selling books

1043
00:38:19,680 --> 00:38:23,000
or to just have one small bookshelf of books

1044
00:38:23,000 --> 00:38:24,760
so people will keep donating books there

1045
00:38:24,760 --> 00:38:26,080
because they know they sell books,

1046
00:38:26,080 --> 00:38:28,040
but then buy all the books.

1047
00:38:28,040 --> 00:38:30,000
That's the better route to take in my opinion.

1048
00:38:30,000 --> 00:38:30,840
Let them sell books.

1049
00:38:30,840 --> 00:38:31,680
Absolutely.

1050
00:38:31,680 --> 00:38:34,080
Like you're just the solution to a problem.

1051
00:38:34,080 --> 00:38:36,080
They get more floor space to put out things

1052
00:38:36,080 --> 00:38:38,000
that actually move in their store.

1053
00:38:38,000 --> 00:38:39,360
They're more money.

1054
00:38:39,360 --> 00:38:40,320
Absolutely.

1055
00:38:40,320 --> 00:38:41,960
If you land that kind of deal, yeah.

1056
00:38:41,960 --> 00:38:42,960
Work with the Goodwills,

1057
00:38:42,960 --> 00:38:45,320
work with the Salvation Slimies all day long.

1058
00:38:46,920 --> 00:38:50,360
Salvation Slimies, dude, you might've said it before,

1059
00:38:50,360 --> 00:38:52,040
but that's a new one to me.

1060
00:38:52,040 --> 00:38:53,560
I feel like we need like t-shirts

1061
00:38:53,560 --> 00:38:56,120
that's Slimer on the front from Ghostbusters.

1062
00:38:56,120 --> 00:38:57,440
Yeah, dude.

1063
00:38:57,440 --> 00:38:59,240
It's why media, man?

1064
00:38:59,240 --> 00:39:00,080
Media sucks.

1065
00:39:00,080 --> 00:39:01,680
There's media is everywhere.

1066
00:39:01,680 --> 00:39:02,840
It stinks.

1067
00:39:04,000 --> 00:39:05,480
There's low dollars.

1068
00:39:05,480 --> 00:39:06,720
Most of it is junk.

1069
00:39:06,720 --> 00:39:09,080
Why in the world would you wanna build a business

1070
00:39:09,080 --> 00:39:10,320
around selling media?

1071
00:39:11,320 --> 00:39:13,080
Even when I was an everything seller

1072
00:39:13,080 --> 00:39:15,240
and I was just selling everything I would come across

1073
00:39:15,240 --> 00:39:17,480
that I could make a few bucks on,

1074
00:39:17,480 --> 00:39:20,120
media was still always my biggest category.

1075
00:39:20,120 --> 00:39:22,320
And a big part of that is just, it's cheap.

1076
00:39:22,320 --> 00:39:23,840
This stuff is dirt cheap.

1077
00:39:23,840 --> 00:39:25,880
You are buying, there's a Salvation Army

1078
00:39:25,880 --> 00:39:28,320
I can get to in like 20 minutes.

1079
00:39:28,320 --> 00:39:30,360
The books are a dime.

1080
00:39:30,360 --> 00:39:32,520
I mean, there's not very many good books,

1081
00:39:32,520 --> 00:39:33,720
but they're a dime.

1082
00:39:33,720 --> 00:39:36,040
You can buy 10 books for a dollar.

1083
00:39:36,040 --> 00:39:37,040
I mean like.

1084
00:39:37,040 --> 00:39:38,200
You can buy at their whole store

1085
00:39:38,200 --> 00:39:40,160
and probably come out ahead and dime.

1086
00:39:41,280 --> 00:39:42,840
I've thought about it a few times.

1087
00:39:42,840 --> 00:39:47,840
But it's not good quality there at this.

1088
00:39:47,840 --> 00:39:50,320
But like this stuff is always cheap.

1089
00:39:50,320 --> 00:39:51,640
It's everywhere.

1090
00:39:51,640 --> 00:39:54,800
And like people need it gone.

1091
00:39:54,800 --> 00:39:56,400
We're solving a big problem for people

1092
00:39:56,400 --> 00:39:57,840
by taking this stuff away.

1093
00:39:57,840 --> 00:40:00,880
And so there's a lot of people that are in this business

1094
00:40:00,880 --> 00:40:02,720
and they don't even spend anything

1095
00:40:02,720 --> 00:40:04,680
as far as cost of goods goes.

1096
00:40:04,680 --> 00:40:08,240
Like their whole model is just taking the free books.

1097
00:40:08,240 --> 00:40:11,000
And well, that's not something I focus on a lot

1098
00:40:11,000 --> 00:40:13,760
because like you gotta advertise that a lot more

1099
00:40:13,760 --> 00:40:15,440
and do some other things that I really just don't wanna

1100
00:40:15,440 --> 00:40:17,120
spend the time doing.

1101
00:40:17,120 --> 00:40:20,200
Like it's easy to get books.

1102
00:40:20,200 --> 00:40:21,040
They're everywhere.

1103
00:40:21,040 --> 00:40:22,640
Yes.

1104
00:40:22,640 --> 00:40:24,680
Sourcing should never be the issue, honestly.

1105
00:40:24,680 --> 00:40:27,640
I don't care if you're rural or you live in a major city.

1106
00:40:27,640 --> 00:40:30,520
If you're up in Alaska, you got a computer.

1107
00:40:30,520 --> 00:40:33,040
I hope you have a computer in Alaska

1108
00:40:33,040 --> 00:40:34,360
because you're gonna be really bored otherwise.

1109
00:40:34,360 --> 00:40:38,120
But anyway, so we have Amazon, we have eBay,

1110
00:40:38,120 --> 00:40:39,400
we have a couple of bookstores.

1111
00:40:39,400 --> 00:40:42,680
Do you have any other sources of income

1112
00:40:42,680 --> 00:40:45,880
or adjacent to your business that you have going on?

1113
00:40:45,880 --> 00:40:49,560
Though I've tried cross-listing to like Macari,

1114
00:40:49,560 --> 00:40:52,040
Poshmark, whatnot, Etsy.

1115
00:40:54,120 --> 00:40:56,440
It feels like it should be a good idea.

1116
00:40:56,440 --> 00:40:58,280
It always feels like it should be good.

1117
00:40:58,280 --> 00:41:00,680
But like the sales just are not there.

1118
00:41:00,680 --> 00:41:02,320
I tried Etsy this year.

1119
00:41:02,320 --> 00:41:04,920
I started that in January, which it's still January,

1120
00:41:04,920 --> 00:41:06,960
but I'm seeing no results there.

1121
00:41:08,040 --> 00:41:10,720
I like the idea of diversifying,

1122
00:41:10,720 --> 00:41:13,600
just having the amount other places,

1123
00:41:13,600 --> 00:41:16,680
but man, it's just not worth it, I don't think.

1124
00:41:17,680 --> 00:41:19,440
Yeah, I tend to agree.

1125
00:41:19,440 --> 00:41:22,960
I mean, to even to do Etsy,

1126
00:41:22,960 --> 00:41:25,200
if I was just to import my eBay store,

1127
00:41:25,200 --> 00:41:28,040
it's gonna cost me $1,100 to try it out.

1128
00:41:28,040 --> 00:41:28,880
Yeah.

1129
00:41:28,880 --> 00:41:31,800
I mean, just to try it out to see if it works or not.

1130
00:41:31,800 --> 00:41:32,640
That's ridiculous.

1131
00:41:32,640 --> 00:41:33,480
And then you know what?

1132
00:41:33,480 --> 00:41:36,160
I have to pay another $1,100 in four months.

1133
00:41:37,200 --> 00:41:38,760
Yeah, that's the biggest problem with it.

1134
00:41:38,760 --> 00:41:40,440
If Etsy was free to list on,

1135
00:41:40,440 --> 00:41:42,800
I would probably stick more stuff over there.

1136
00:41:42,800 --> 00:41:44,680
I've got a subscription fee

1137
00:41:44,680 --> 00:41:47,280
like eBay does for insertion fees, right?

1138
00:41:47,280 --> 00:41:48,120
Right.

1139
00:41:48,120 --> 00:41:51,160
I get the one-time fee, but every four months, come on.

1140
00:41:52,520 --> 00:41:55,360
And Etsy search is a lot different.

1141
00:41:55,360 --> 00:41:57,360
They want you to do a lot more like tagging

1142
00:41:57,360 --> 00:41:58,880
and putting like stuff.

1143
00:41:58,880 --> 00:41:59,720
And that's just,

1144
00:41:59,720 --> 00:42:02,680
it's something I don't wanna put the time into doing

1145
00:42:02,680 --> 00:42:06,120
because my time is better spent pricing stuff for eBay,

1146
00:42:06,120 --> 00:42:09,240
doing my photos for eBay or sending stuff off to Amazon.

1147
00:42:09,240 --> 00:42:11,120
If I'm doing those activities,

1148
00:42:11,120 --> 00:42:12,480
I'm making so much more money

1149
00:42:12,480 --> 00:42:15,640
than I am putting labels on Etsy listings

1150
00:42:15,640 --> 00:42:16,840
to try and get stuff to sell

1151
00:42:16,840 --> 00:42:19,840
that's probably going to sell anyways.

1152
00:42:19,840 --> 00:42:20,840
And I know some booksellers

1153
00:42:20,840 --> 00:42:23,840
are having really great results on Etsy,

1154
00:42:23,840 --> 00:42:28,400
but for me and the type of books I come across in my area,

1155
00:42:28,400 --> 00:42:30,240
it's not the right type of thing.

1156
00:42:30,240 --> 00:42:31,080
So you're a YouTuber,

1157
00:42:31,080 --> 00:42:32,680
which means you wanna be famous one day.

1158
00:42:32,680 --> 00:42:34,520
So why aren't you doing live selling?

1159
00:42:36,200 --> 00:42:37,440
I tried it.

1160
00:42:37,440 --> 00:42:39,400
So I tried it.

1161
00:42:39,400 --> 00:42:40,800
The problem with live selling

1162
00:42:40,800 --> 00:42:43,040
is you gotta schedule it in advance,

1163
00:42:43,040 --> 00:42:45,080
and then you've got this time window where you're stuck

1164
00:42:45,080 --> 00:42:47,640
and you've gotta do it at that time.

1165
00:42:47,640 --> 00:42:49,360
Like I do this business

1166
00:42:49,360 --> 00:42:52,480
so that I can have a flexibility of my schedule.

1167
00:42:52,480 --> 00:42:57,080
Scheduling live shows on whatnot or wherever else

1168
00:42:57,080 --> 00:42:58,720
is messing up my schedule.

1169
00:42:58,720 --> 00:43:01,400
Then I'm like, I've got this hour, two hour window

1170
00:43:01,400 --> 00:43:03,800
where now I can't move things around.

1171
00:43:03,800 --> 00:43:06,240
My schedule is messing up my schedule.

1172
00:43:06,240 --> 00:43:07,200
You need a t-shirt.

1173
00:43:07,200 --> 00:43:08,040
I love that.

1174
00:43:09,640 --> 00:43:11,040
I don't wanna do whatnot.

1175
00:43:12,480 --> 00:43:13,720
Just don't wanna do it.

1176
00:43:15,360 --> 00:43:16,280
No. I'm in the same boat.

1177
00:43:16,280 --> 00:43:17,520
I'm in the same boat with it.

1178
00:43:17,520 --> 00:43:19,480
You gotta focus on what works.

1179
00:43:19,480 --> 00:43:21,160
We kind of talk about doubling down

1180
00:43:21,160 --> 00:43:22,280
where you're getting results.

1181
00:43:22,280 --> 00:43:24,080
And that's why I'm a firm believer

1182
00:43:24,080 --> 00:43:26,560
as you continue to grow your Amazon business,

1183
00:43:26,560 --> 00:43:28,400
the dark side will continue to pull you in

1184
00:43:28,400 --> 00:43:30,320
and get stronger and stronger and stronger.

1185
00:43:30,320 --> 00:43:33,120
But like you said, just like you started with eBay

1186
00:43:33,120 --> 00:43:35,200
from when you were working, you build it on the side,

1187
00:43:35,200 --> 00:43:38,360
see where it goes, you can adjust down the road.

1188
00:43:38,360 --> 00:43:41,280
Just what's the most expensive book you've sold ever?

1189
00:43:41,280 --> 00:43:42,120
Do you know?

1190
00:43:43,480 --> 00:43:45,000
Man, I don't know.

1191
00:43:45,000 --> 00:43:46,120
Me neither. They're all the same.

1192
00:43:46,120 --> 00:43:48,600
I've sold a bunch around like the $500 mark.

1193
00:43:48,600 --> 00:43:52,600
Like I know I've been around that mark quite a few times.

1194
00:43:52,600 --> 00:43:55,320
I don't think I've ever hit that $1,000 mark though

1195
00:43:55,320 --> 00:43:57,800
as far as, oh wait, no, no, no.

1196
00:43:57,800 --> 00:44:00,440
I had a set of books this last year.

1197
00:44:00,440 --> 00:44:04,320
They were all these like train railroad Santa Fe books.

1198
00:44:04,320 --> 00:44:07,320
And most of them were like numbered and signed.

1199
00:44:07,320 --> 00:44:10,240
And it was this giant 12 volume set.

1200
00:44:11,320 --> 00:44:13,600
I think that sold for like 9.75

1201
00:44:13,600 --> 00:44:16,520
or something just shy of that $1,000 mark.

1202
00:44:16,520 --> 00:44:18,280
Now, what did you pay for it?

1203
00:44:18,280 --> 00:44:19,760
It was on consignment.

1204
00:44:19,760 --> 00:44:22,000
So I do consignment with one person.

1205
00:44:22,000 --> 00:44:23,520
It's a family member.

1206
00:44:23,520 --> 00:44:25,800
They buy out estate sales at the end

1207
00:44:25,800 --> 00:44:27,520
and I take all the media.

1208
00:44:27,520 --> 00:44:28,680
That's cheating, dude.

1209
00:44:28,680 --> 00:44:30,320
Wait a minute, you got a family member

1210
00:44:30,320 --> 00:44:31,560
who does estate cleanouts.

1211
00:44:31,560 --> 00:44:32,400
You're a cheater.

1212
00:44:32,400 --> 00:44:34,000
I mean, that's all there is to it.

1213
00:44:35,200 --> 00:44:37,680
I've told you, I don't want to run these thrift store routes.

1214
00:44:37,680 --> 00:44:39,280
The inventory comes to me.

1215
00:44:39,280 --> 00:44:40,120
That's the way I-

1216
00:44:40,120 --> 00:44:42,400
I won't do anything but walk in goodwill.

1217
00:44:43,920 --> 00:44:44,760
Love that.

1218
00:44:45,840 --> 00:44:49,760
So what is it like juggling?

1219
00:44:49,760 --> 00:44:51,600
Because I hear some of this from Mike

1220
00:44:51,600 --> 00:44:53,880
because he does all the heavy lifting on the YouTube front.

1221
00:44:53,880 --> 00:44:54,840
I just show up.

1222
00:44:54,840 --> 00:44:57,840
What is it like juggling that with the reselling business?

1223
00:44:58,760 --> 00:45:00,640
That's really hard and interesting.

1224
00:45:00,640 --> 00:45:04,800
Like if I have to not do something, I don't do YouTube

1225
00:45:04,800 --> 00:45:07,160
because YouTube is not a primary source of income

1226
00:45:07,160 --> 00:45:09,360
for my family whatsoever.

1227
00:45:09,360 --> 00:45:11,520
So if the ball gets dropped somewhere

1228
00:45:11,520 --> 00:45:13,280
with all these balls we're juggling,

1229
00:45:13,280 --> 00:45:15,760
YouTube is the first ball that I drop.

1230
00:45:15,760 --> 00:45:19,480
I drop it quite frequently and don't put out videos.

1231
00:45:19,480 --> 00:45:22,680
Is this game for you, Mike, or is that ball number one for you?

1232
00:45:22,680 --> 00:45:24,360
I wish it was ball number one for me.

1233
00:45:24,360 --> 00:45:25,520
I wouldn't even sell on Amazon.

1234
00:45:25,520 --> 00:45:26,680
I'd be like my fake background.

1235
00:45:26,680 --> 00:45:28,960
I just act like I sell on Amazon.

1236
00:45:29,800 --> 00:45:30,720
Yeah, I wish.

1237
00:45:30,720 --> 00:45:32,440
I mean, it's different for me, right?

1238
00:45:32,440 --> 00:45:33,760
Because we have the group.

1239
00:45:33,760 --> 00:45:34,600
So-

1240
00:45:34,600 --> 00:45:35,720
Yeah, I mean, there is some responsibility

1241
00:45:35,720 --> 00:45:37,240
because of group members and they're giving you money.

1242
00:45:37,240 --> 00:45:38,080
Yeah.

1243
00:45:38,080 --> 00:45:38,920
100%, right?

1244
00:45:38,920 --> 00:45:39,760
I got the one-on-ones.

1245
00:45:39,760 --> 00:45:42,560
Like I got, I think 11 or 12 one-on-ones tomorrow.

1246
00:45:42,560 --> 00:45:44,760
So like all day tomorrow, I'll be doing one-on-one.

1247
00:45:44,760 --> 00:45:46,920
So it's a little bit different than me,

1248
00:45:46,920 --> 00:45:48,880
but like it's just one of those things

1249
00:45:48,880 --> 00:45:50,880
where I got a YouTube editor

1250
00:45:50,880 --> 00:45:53,760
and I only do the podcast and one video a week now.

1251
00:45:53,760 --> 00:45:56,120
So it's really, there's no burden on that front

1252
00:45:56,120 --> 00:45:58,560
besides just being in the Discord every single day

1253
00:45:58,560 --> 00:46:00,400
and trying to answer people's questions.

1254
00:46:00,400 --> 00:46:02,320
But that's why we got the weekly calls, right?

1255
00:46:02,320 --> 00:46:03,720
And even that, we cut back the call.

1256
00:46:03,720 --> 00:46:05,080
So everybody gets a call once a week.

1257
00:46:05,080 --> 00:46:07,120
I mean, we're only charging $2.99.

1258
00:46:07,120 --> 00:46:09,480
Like how much can we possibly give people for three bucks?

1259
00:46:09,480 --> 00:46:10,320
So-

1260
00:46:10,320 --> 00:46:11,440
So instead of increasing the prices,

1261
00:46:11,440 --> 00:46:12,680
maintain the same,

1262
00:46:12,680 --> 00:46:14,640
you kept the prices the same and lower the cost.

1263
00:46:14,640 --> 00:46:15,960
Genius, genius, Mike.

1264
00:46:15,960 --> 00:46:16,800
Genius, yeah.

1265
00:46:16,800 --> 00:46:17,800
And I paid you to do an extra one.

1266
00:46:17,800 --> 00:46:19,440
So it's one less call I have to do, right?

1267
00:46:19,440 --> 00:46:21,000
And I have to do more.

1268
00:46:21,000 --> 00:46:22,240
It all works itself out.

1269
00:46:22,240 --> 00:46:24,320
You figured it out, the clever son of a gun.

1270
00:46:24,320 --> 00:46:26,600
It all works itself out, like Josh says,

1271
00:46:26,600 --> 00:46:28,920
but there are things where, you know,

1272
00:46:28,920 --> 00:46:31,320
I do the Amazon influencer program, right?

1273
00:46:31,320 --> 00:46:33,240
And like when I don't have time to do that,

1274
00:46:33,240 --> 00:46:34,080
then guess what?

1275
00:46:34,080 --> 00:46:36,240
And then nothing's getting uploaded on that front.

1276
00:46:36,240 --> 00:46:39,240
There's some other things I'm working on this year as well.

1277
00:46:39,240 --> 00:46:41,280
And those are like,

1278
00:46:41,280 --> 00:46:43,200
do I have extra time to get them done this week?

1279
00:46:43,200 --> 00:46:45,400
Like to work on this side fund project

1280
00:46:45,400 --> 00:46:47,640
that eventually turns into another stream of income?

1281
00:46:47,640 --> 00:46:48,880
I will say this,

1282
00:46:50,120 --> 00:46:52,800
all the things I try to focus my extra time on,

1283
00:46:52,800 --> 00:46:55,120
I'm like, Josh, we're like, I see it's gonna take time.

1284
00:46:55,120 --> 00:46:59,200
It's like a six month, maybe two year, two year plan,

1285
00:46:59,200 --> 00:47:02,320
but eventually it needs to make me some type of money.

1286
00:47:02,320 --> 00:47:04,640
I'm not gonna commit a bunch of my time

1287
00:47:04,640 --> 00:47:06,680
because we can just go out and source more.

1288
00:47:06,680 --> 00:47:08,200
At the end of the day, we sell books.

1289
00:47:08,200 --> 00:47:09,480
It's everywhere, everywhere you go,

1290
00:47:09,480 --> 00:47:10,840
you just drive an extra 10 minutes,

1291
00:47:10,840 --> 00:47:12,120
you're gonna find more of it.

1292
00:47:12,120 --> 00:47:15,360
So I have to be strategic just like you two gentlemen.

1293
00:47:15,360 --> 00:47:17,000
But yeah, it's a little bit different for me

1294
00:47:17,000 --> 00:47:19,320
on the YouTube front because of the group.

1295
00:47:19,320 --> 00:47:22,880
If the group didn't exist, I mean, honestly, like 2024,

1296
00:47:22,880 --> 00:47:25,920
I had weeks, months where I just thought to myself,

1297
00:47:25,920 --> 00:47:27,880
if I just cut the group out completely

1298
00:47:27,880 --> 00:47:29,200
and said goodbye to you suckers,

1299
00:47:29,200 --> 00:47:31,560
like I'd probably make a shit ton more money reselling

1300
00:47:31,560 --> 00:47:33,440
because I wouldn't have to worry about any of it.

1301
00:47:33,440 --> 00:47:37,440
But for me, I get the paid benefit of,

1302
00:47:37,440 --> 00:47:38,720
I guess, the feel goodness.

1303
00:47:38,720 --> 00:47:39,680
And that's why Josh does it

1304
00:47:39,680 --> 00:47:42,120
because I know what YouTubers make in a reselling world,

1305
00:47:42,120 --> 00:47:43,240
they don't make nothing.

1306
00:47:43,240 --> 00:47:45,240
You feel good if you can just help one person

1307
00:47:45,240 --> 00:47:46,760
kind of get out of their situation.

1308
00:47:46,760 --> 00:47:49,760
So it's like you get paid in good karma, I guess.

1309
00:47:49,760 --> 00:47:52,240
So my karma bank is hopefully seven figures

1310
00:47:52,240 --> 00:47:55,440
somewhere along the road and hopefully it comes back.

1311
00:47:55,440 --> 00:47:57,600
But yeah, it's tough being a reselling YouTuber.

1312
00:47:57,600 --> 00:47:59,160
I think a lot of people don't see it.

1313
00:47:59,160 --> 00:48:02,160
And then when like a reselling YouTuber kind of steps back,

1314
00:48:02,160 --> 00:48:03,880
they're like, oh, what's going on?

1315
00:48:03,880 --> 00:48:06,720
Well, you gotta focus on things, life happens.

1316
00:48:06,720 --> 00:48:08,520
And YouTube is at the bottom of the rung

1317
00:48:08,520 --> 00:48:10,720
unless you're making six figures doing it,

1318
00:48:10,720 --> 00:48:13,760
which a percent of a percent of YouTube resellers

1319
00:48:13,760 --> 00:48:14,600
are making that.

1320
00:48:14,600 --> 00:48:17,520
Yeah, the reselling YouTubers,

1321
00:48:17,520 --> 00:48:19,680
that's of all of YouTube,

1322
00:48:19,680 --> 00:48:22,400
if you look at the numbers of people, the subscribers,

1323
00:48:22,400 --> 00:48:24,480
it's very small when you're comparing

1324
00:48:24,480 --> 00:48:26,000
the different categories.

1325
00:48:26,000 --> 00:48:27,480
Because there's only so many of us

1326
00:48:27,480 --> 00:48:29,560
that actually want to resell, right?

1327
00:48:29,560 --> 00:48:32,080
And a lot of us, I mean, YouTube guys,

1328
00:48:32,080 --> 00:48:34,600
you use some of it, but you don't do it all the time,

1329
00:48:34,600 --> 00:48:37,280
like the Instagram haul kind of videos,

1330
00:48:38,680 --> 00:48:40,120
like the other categories do

1331
00:48:40,120 --> 00:48:41,920
to try to boost up those numbers.

1332
00:48:42,720 --> 00:48:43,560
It's very interesting.

1333
00:48:43,560 --> 00:48:46,800
You both convinced me never to do YouTube, congratulations.

1334
00:48:46,800 --> 00:48:48,240
Yeah, I'll steer clear of it.

1335
00:48:48,240 --> 00:48:50,080
Just have people that do YouTube pay you

1336
00:48:50,080 --> 00:48:53,160
and then you just, every year you'll get extra more,

1337
00:48:53,160 --> 00:48:55,760
more soon enough, I'll just promote the group, Johnny,

1338
00:48:55,760 --> 00:48:57,080
and you'll do all the calls, all right?

1339
00:48:57,080 --> 00:48:59,360
Maybe I'll bring Josh on and he can do the calls

1340
00:48:59,360 --> 00:49:02,240
and like, I'll just be a figment of imagination.

1341
00:49:02,240 --> 00:49:03,360
Well, you know how I like to prepare.

1342
00:49:03,360 --> 00:49:05,320
I have my resignation letter in a file folder

1343
00:49:05,320 --> 00:49:07,280
just in such an event where it'll occur.

1344
00:49:07,280 --> 00:49:08,680
That's all right, Josh is right here.

1345
00:49:08,680 --> 00:49:10,520
Now that I had him on the podcast, now he's obligated.

1346
00:49:10,520 --> 00:49:11,360
Hear that, Josh?

1347
00:49:11,360 --> 00:49:12,200
It's gonna circle to you.

1348
00:49:12,200 --> 00:49:13,800
The group will all be yours one day.

1349
00:49:13,800 --> 00:49:16,160
He's obligated now, we're leaving it to him.

1350
00:49:16,160 --> 00:49:18,240
Johnny put you in the will for when he gets canned.

1351
00:49:18,240 --> 00:49:20,960
I mean, this is a video will that's going on right now.

1352
00:49:20,960 --> 00:49:23,840
This is exactly the key setup we always wanted.

1353
00:49:23,840 --> 00:49:25,560
It is tough though to juggle things, man.

1354
00:49:25,560 --> 00:49:27,840
And you got a lot going on and we talk about it all the time.

1355
00:49:27,840 --> 00:49:29,840
Like, you know, you got kids, I got cats.

1356
00:49:29,840 --> 00:49:31,280
Like I can't compare to that.

1357
00:49:31,280 --> 00:49:35,000
So the idea that you have this flexible schedule

1358
00:49:35,000 --> 00:49:36,640
and Johnny's the first one of like,

1359
00:49:36,640 --> 00:49:39,400
yo, Josh, you need a schedule that's set in stone

1360
00:49:39,400 --> 00:49:40,240
or you're never gonna make it.

1361
00:49:40,240 --> 00:49:42,320
And you're like, yeah, whatever, dude.

1362
00:49:43,200 --> 00:49:46,240
No, so I do not have a daily schedule

1363
00:49:46,240 --> 00:49:48,840
that is set in stone by any means of the imagination.

1364
00:49:48,840 --> 00:49:50,440
Like there's no way to make that happen.

1365
00:49:50,440 --> 00:49:52,040
Like I've thought about making a group too.

1366
00:49:52,040 --> 00:49:54,960
I'm in all these discord groups and they're a lot of fun

1367
00:49:54,960 --> 00:49:56,760
and definitely worth the 2.99 that I'm paying

1368
00:49:56,760 --> 00:49:57,600
to be in your group.

1369
00:49:57,600 --> 00:49:59,800
Like, oh my goodness, that's so cheap.

1370
00:49:59,800 --> 00:50:04,800
But the thing is like, I don't want to have this hour

1371
00:50:04,800 --> 00:50:07,480
or two hours that's blocked off every single week

1372
00:50:07,480 --> 00:50:09,880
where I've got to be there at that specific time

1373
00:50:09,880 --> 00:50:11,800
that just does not work for my schedule.

1374
00:50:11,800 --> 00:50:13,120
I need that open case.

1375
00:50:13,120 --> 00:50:14,800
I need to do something with the kids

1376
00:50:14,800 --> 00:50:17,080
or I had to do something with the kids earlier in the day

1377
00:50:17,080 --> 00:50:19,480
and I need to get eBay done or Amazon done

1378
00:50:19,480 --> 00:50:20,720
or whatever that is.

1379
00:50:20,720 --> 00:50:22,600
And having that flexibility in my schedule

1380
00:50:22,600 --> 00:50:23,960
is very important to me.

1381
00:50:23,960 --> 00:50:26,280
So that's the way I do things the way I do them.

1382
00:50:26,280 --> 00:50:27,680
Right, but you have a routine

1383
00:50:27,680 --> 00:50:30,200
that you can make adjustments in your schedule, right?

1384
00:50:30,200 --> 00:50:31,680
Like you have a general idea

1385
00:50:31,680 --> 00:50:33,320
of how you want your schedule to go,

1386
00:50:33,320 --> 00:50:35,200
but kids in the world acting up,

1387
00:50:35,200 --> 00:50:38,240
but you account for that and you just follow the routine

1388
00:50:38,240 --> 00:50:39,960
and you just follow the routine.

1389
00:50:39,960 --> 00:50:40,920
Okay, I had to do this.

1390
00:50:40,920 --> 00:50:43,840
We had to go to the hospital, belly broke his arm,

1391
00:50:43,840 --> 00:50:46,000
hospital's done, okay, it's back to it kind of deal.

1392
00:50:46,000 --> 00:50:47,800
Correct or am I wrong?

1393
00:50:47,800 --> 00:50:48,640
To a certain extent.

1394
00:50:48,640 --> 00:50:50,840
So like I ship Monday, Wednesday, Fridays.

1395
00:50:50,840 --> 00:50:53,040
Those have to get done.

1396
00:50:53,040 --> 00:50:54,160
But if it happens up

1397
00:50:54,160 --> 00:50:56,480
and I know Wednesday mornings are going to be messed up,

1398
00:50:56,480 --> 00:50:59,280
I'll go to the storage unit late on a Tuesday night.

1399
00:50:59,280 --> 00:51:00,440
I'll be there at midnight,

1400
00:51:00,440 --> 00:51:01,920
get my stuff the night before

1401
00:51:01,920 --> 00:51:03,880
that way I can still ship it out.

1402
00:51:03,880 --> 00:51:05,840
Yes, exactly.

1403
00:51:05,840 --> 00:51:07,880
It's like having a draft bank.

1404
00:51:07,880 --> 00:51:09,400
If you're out sick or you're in the hospital,

1405
00:51:09,400 --> 00:51:10,560
you can still launch your draft

1406
00:51:10,560 --> 00:51:13,240
or tell the wife or the doctor to grab your cellphone

1407
00:51:13,240 --> 00:51:14,760
and do it for you, right?

1408
00:51:14,760 --> 00:51:16,360
But yeah, that's exactly right.

1409
00:51:16,360 --> 00:51:18,720
You can be flexible, but you do have a routine.

1410
00:51:19,800 --> 00:51:21,960
Also, I'm not as,

1411
00:51:23,320 --> 00:51:25,720
I don't care as much about daily listings.

1412
00:51:25,720 --> 00:51:28,040
I care more about weekly listings

1413
00:51:28,040 --> 00:51:30,280
and that gives me a lot of flexibility that way.

1414
00:51:30,280 --> 00:51:32,920
I know a lot of people are so worried about the algorithm

1415
00:51:32,920 --> 00:51:33,960
and the daily listings.

1416
00:51:33,960 --> 00:51:38,680
And yes, daily listings is going to help the algorithm

1417
00:51:38,680 --> 00:51:41,000
and it is going to be better for your store

1418
00:51:41,000 --> 00:51:42,040
in the short term,

1419
00:51:42,040 --> 00:51:45,080
but long-term, it doesn't really matter.

1420
00:51:45,080 --> 00:51:46,440
You're getting the listings up,

1421
00:51:46,440 --> 00:51:48,280
they're going to eventually sell.

1422
00:51:48,280 --> 00:51:51,840
As long as you've got the space and the space is cheap,

1423
00:51:51,840 --> 00:51:55,280
which I'm here in Oklahoma, space is cheap,

1424
00:51:55,280 --> 00:51:57,920
it doesn't matter how long they take to sell.

1425
00:51:57,920 --> 00:51:59,600
Right, if it's desirable,

1426
00:51:59,600 --> 00:52:00,600
and that's the thing with media,

1427
00:52:00,600 --> 00:52:02,840
you never know when it's going to be desirable.

1428
00:52:02,840 --> 00:52:04,440
What I was going to say is,

1429
00:52:04,440 --> 00:52:05,680
as long as it's a desirable item,

1430
00:52:05,680 --> 00:52:07,680
it's eventually going to sell.

1431
00:52:07,680 --> 00:52:10,760
Media, sometimes in book land, we don't know.

1432
00:52:10,760 --> 00:52:13,760
It looks cool, we have solds in the past,

1433
00:52:13,760 --> 00:52:16,600
but then again, it'll sit on your shelf for two years

1434
00:52:16,600 --> 00:52:17,680
and then all of a sudden will sell.

1435
00:52:17,680 --> 00:52:20,320
It's like, why did you sell in the 90-day window

1436
00:52:20,320 --> 00:52:21,680
that Terapeake or eBay said?

1437
00:52:21,680 --> 00:52:24,400
That's something out of our control for whatever reason.

1438
00:52:24,400 --> 00:52:27,960
Yeah, the daily listing on eBay is BS

1439
00:52:27,960 --> 00:52:31,240
because I rarely list and when I deal with sales.

1440
00:52:31,240 --> 00:52:35,280
So the idea that, I got a perfect example.

1441
00:52:35,280 --> 00:52:36,320
I got to list this on eBay.

1442
00:52:36,320 --> 00:52:38,400
It's been sitting here for a while.

1443
00:52:38,400 --> 00:52:41,520
This dude from Crosby, Stills and Nash,

1444
00:52:41,520 --> 00:52:42,920
it's signed by him.

1445
00:52:42,920 --> 00:52:44,280
So I just got to list it.

1446
00:52:44,280 --> 00:52:45,480
I guarantee it sells the same day.

1447
00:52:45,480 --> 00:52:46,960
I'm going to be the lowest price.

1448
00:52:46,960 --> 00:52:49,840
I'm going to do my 2.2% promoted listing

1449
00:52:49,840 --> 00:52:51,680
so I'm over everybody else.

1450
00:52:51,680 --> 00:52:54,680
But I haven't listed anything in months, gentlemen,

1451
00:52:54,680 --> 00:52:57,960
and this will sell within the week that I listed

1452
00:52:57,960 --> 00:52:58,800
because it'll be the lowest price.

1453
00:52:58,800 --> 00:53:00,280
This is a desirable item.

1454
00:53:00,280 --> 00:53:02,520
That was on his side and he listed that.

1455
00:53:02,520 --> 00:53:04,280
There's no telling how long it would sit for.

1456
00:53:04,280 --> 00:53:05,440
Yeah, I know.

1457
00:53:05,440 --> 00:53:07,440
You got to think a little bit to the next level

1458
00:53:07,440 --> 00:53:09,040
when it comes to the resell and stuff.

1459
00:53:09,040 --> 00:53:11,560
And so many people, like we were talking about,

1460
00:53:11,560 --> 00:53:12,880
it's the flashiness.

1461
00:53:12,880 --> 00:53:16,400
That's why the Amazon marketplace comes off as scammy

1462
00:53:16,400 --> 00:53:19,440
because 90% of people in the Amazon space

1463
00:53:19,440 --> 00:53:21,600
are pushing courses and it's scammy.

1464
00:53:21,600 --> 00:53:24,000
It is what it is at the end of the day.

1465
00:53:24,000 --> 00:53:27,800
And eBay land, it kind of goes one or two ways.

1466
00:53:27,800 --> 00:53:29,760
You either have the people that think eBay sucks,

1467
00:53:29,760 --> 00:53:31,720
but they still rely on it as their income

1468
00:53:31,720 --> 00:53:33,440
and say it's always broken,

1469
00:53:33,440 --> 00:53:36,520
or you got the people that are just sitting on the sidelines,

1470
00:53:36,520 --> 00:53:39,200
not out here in all this nonsense social media,

1471
00:53:39,200 --> 00:53:41,680
and they're just absolutely crushing eBay,

1472
00:53:41,680 --> 00:53:42,680
kind of like you.

1473
00:53:42,680 --> 00:53:45,000
Everybody we bring on that does eBay is like,

1474
00:53:45,000 --> 00:53:47,120
I'll do six figures on eBay easily.

1475
00:53:47,120 --> 00:53:51,640
And it's just like, it's crazy to me, the drastic change.

1476
00:53:51,640 --> 00:53:53,360
I'm sure you see it as a YouTuber.

1477
00:53:53,360 --> 00:53:54,880
What's your take on the landscape

1478
00:53:54,880 --> 00:53:57,240
when it comes to reselling and content creation,

1479
00:53:57,240 --> 00:53:58,400
especially around eBay?

1480
00:53:58,400 --> 00:54:00,480
Because the majority I see is that eBay,

1481
00:54:00,480 --> 00:54:03,200
there's always problems with eBay and this is down,

1482
00:54:03,200 --> 00:54:05,440
or this is a quick way to get more,

1483
00:54:05,440 --> 00:54:08,640
to delete your listings and relist your listings

1484
00:54:08,640 --> 00:54:10,280
is like always a catch-22.

1485
00:54:10,280 --> 00:54:11,680
Like what's your take on it?

1486
00:54:12,560 --> 00:54:16,000
A lot of the people that are like spouting off these like,

1487
00:54:16,000 --> 00:54:18,600
here's how you fix the algorithm, or here's these things.

1488
00:54:18,600 --> 00:54:20,000
They're trying to get views.

1489
00:54:20,000 --> 00:54:20,840
That's what they're doing.

1490
00:54:20,840 --> 00:54:23,160
They just wanna get some YouTube views.

1491
00:54:23,160 --> 00:54:24,560
Or maybe they think it works,

1492
00:54:24,560 --> 00:54:26,280
or maybe it helps just for a little bit,

1493
00:54:26,280 --> 00:54:31,000
but none of those changes are long-term solutions.

1494
00:54:31,000 --> 00:54:33,640
Quit looking for the short quick fix.

1495
00:54:33,640 --> 00:54:35,080
Think long-term.

1496
00:54:35,080 --> 00:54:37,720
Don't just think this week or last week or next week.

1497
00:54:37,720 --> 00:54:40,640
We're thinking months out, years out here

1498
00:54:40,640 --> 00:54:41,880
when you're building these listings.

1499
00:54:41,880 --> 00:54:43,920
And not everybody can wait, I know,

1500
00:54:43,920 --> 00:54:46,480
for things to sell for three, four years like I do.

1501
00:54:46,480 --> 00:54:49,840
Not everybody has access to cheap space like I do.

1502
00:54:49,840 --> 00:54:52,200
It's one of the benefits of living out here nowhere.

1503
00:54:52,200 --> 00:54:53,920
Like if you're on one of the coasts,

1504
00:54:53,920 --> 00:54:56,040
you can't get cheap storage units.

1505
00:54:56,040 --> 00:54:57,200
I understand that.

1506
00:54:57,200 --> 00:54:59,840
But since I can wait for things to sell forever,

1507
00:54:59,840 --> 00:55:00,680
I just do that.

1508
00:55:00,680 --> 00:55:04,360
And I'm not gonna get caught up in all this nonsense

1509
00:55:04,360 --> 00:55:08,960
on how to increase the algorithm junk,

1510
00:55:08,960 --> 00:55:11,040
because like there's no reason to.

1511
00:55:11,040 --> 00:55:11,880
It'll work though.

1512
00:55:11,880 --> 00:55:13,000
You'll become more famous

1513
00:55:13,000 --> 00:55:14,200
than you've ever been on YouTube.

1514
00:55:14,200 --> 00:55:16,880
If you do six months of clickbait,

1515
00:55:16,880 --> 00:55:19,240
the sky is falling eBay videos, dude,

1516
00:55:19,240 --> 00:55:21,720
you will be so famous you won't even be able to go out to eat

1517
00:55:21,720 --> 00:55:23,320
in your little town in Oklahoma.

1518
00:55:23,320 --> 00:55:25,400
And you'll sell so many courses.

1519
00:55:25,400 --> 00:55:26,400
Oh, and courses.

1520
00:55:26,400 --> 00:55:27,600
You can launch your group.

1521
00:55:27,600 --> 00:55:28,440
Oh.

1522
00:55:32,720 --> 00:55:36,000
So what are some final words you wanna leave us with?

1523
00:55:36,000 --> 00:55:37,640
You have a audience and you're just,

1524
00:55:37,640 --> 00:55:39,000
you have Mike's audience.

1525
00:55:39,000 --> 00:55:40,160
What do you wanna tell Mike's audience?

1526
00:55:40,160 --> 00:55:41,720
All 10 of us, yay.

1527
00:55:41,720 --> 00:55:44,480
All right, everybody unsubscribe from Mike

1528
00:55:44,480 --> 00:55:45,960
and come subscribe to Mike.

1529
00:55:45,960 --> 00:55:47,520
There's the play right there.

1530
00:55:47,520 --> 00:55:49,720
There we go, that's what we're here for.

1531
00:55:49,720 --> 00:55:51,120
Leave his 299 group.

1532
00:55:51,120 --> 00:55:52,440
I'm gonna make a new group.

1533
00:55:52,440 --> 00:55:55,480
I'm gonna make a new group that's gonna be $299.

1534
00:55:57,400 --> 00:56:01,240
I've actually made it a point to start saying $2.99

1535
00:56:01,240 --> 00:56:03,840
because I think the reselling world is so accustomed

1536
00:56:03,840 --> 00:56:06,440
when I say 299, it just hits like you did, right?

1537
00:56:06,440 --> 00:56:08,520
It's like $299, they think.

1538
00:56:08,520 --> 00:56:13,280
So now every time I say it, I'm like $2.99.

1539
00:56:15,440 --> 00:56:16,840
I had people confused by that,

1540
00:56:16,840 --> 00:56:20,200
but really the biggest thing is be consistent

1541
00:56:20,200 --> 00:56:21,640
in this business.

1542
00:56:21,640 --> 00:56:24,640
Think long-term, don't think short-term fixes.

1543
00:56:26,320 --> 00:56:28,040
If sales are down for a week, that's no big deal.

1544
00:56:28,040 --> 00:56:30,600
If they're down for two months, you've got a problem.

1545
00:56:30,600 --> 00:56:32,640
And the only way you can think through that

1546
00:56:32,640 --> 00:56:34,240
is if you've got an emergency fund

1547
00:56:34,240 --> 00:56:36,560
or you've got some other source of income

1548
00:56:36,560 --> 00:56:39,120
and you need to have one of those two things.

1549
00:56:39,120 --> 00:56:41,040
You either need to have another job

1550
00:56:41,040 --> 00:56:44,720
or have a big enough emergency fund

1551
00:56:44,720 --> 00:56:46,080
that it doesn't matter if you don't make money

1552
00:56:46,080 --> 00:56:47,640
for a couple of months.

1553
00:56:47,640 --> 00:56:49,440
Yeah, man, I agree 100%.

1554
00:56:49,440 --> 00:56:52,480
And it's not overnight instant success

1555
00:56:52,480 --> 00:56:53,520
like you might see out there,

1556
00:56:53,520 --> 00:56:55,640
but I preach the same thing you do.

1557
00:56:55,640 --> 00:56:58,240
You gotta be financially secure when you make these decisions.

1558
00:56:58,240 --> 00:57:00,920
And starting your own business is a big deal, right?

1559
00:57:00,920 --> 00:57:01,880
And you wanna do it.

1560
00:57:01,880 --> 00:57:05,080
And I mean, I didn't even have the kids to take care of.

1561
00:57:05,080 --> 00:57:07,600
So I can't imagine being in that situation.

1562
00:57:07,600 --> 00:57:09,320
It's probably scarier than ever,

1563
00:57:09,320 --> 00:57:12,160
but if you do it the right way, there's no risk.

1564
00:57:12,160 --> 00:57:14,760
There's just reward if you're willing to put in the time.

1565
00:57:14,760 --> 00:57:16,960
You could have just, I mean, you could have quit your job

1566
00:57:16,960 --> 00:57:20,040
and you could have just sat around for three, six months.

1567
00:57:20,040 --> 00:57:21,560
But even then, right?

1568
00:57:21,560 --> 00:57:23,280
You still would have been able to go get another job

1569
00:57:23,280 --> 00:57:24,880
because you had the money set aside.

1570
00:57:24,880 --> 00:57:26,320
And I think that's the big takeaway here.

1571
00:57:26,320 --> 00:57:29,400
So Josh, we appreciate you hanging out with us.

1572
00:57:29,400 --> 00:57:31,680
And all of his YouTube information,

1573
00:57:31,680 --> 00:57:33,940
all of his social medias will be down in the description.

1574
00:57:33,940 --> 00:57:36,240
So make sure you go comment, subscribe,

1575
00:57:36,240 --> 00:57:38,560
join his $299 a month group.

1576
00:57:38,560 --> 00:57:39,400
He will never do that.

1577
00:57:39,400 --> 00:57:40,920
He's like me, he's a man of the people.

1578
00:57:40,920 --> 00:57:43,400
So we appreciate you hanging out with us tonight, Josh.

1579
00:57:43,400 --> 00:57:45,360
Thank you, I appreciate it.

1580
00:57:45,360 --> 00:57:46,960
Thanks for listening to another episode

1581
00:57:46,960 --> 00:57:48,980
of the Resellers Mindset Podcast.

1582
00:57:48,980 --> 00:57:51,320
Today's full episode and all previous episodes

1583
00:57:51,320 --> 00:57:53,440
are available to all YouTube members

1584
00:57:53,440 --> 00:57:56,240
along with the weekly Zoom call and private Discord.

1585
00:57:56,240 --> 00:57:59,400
Head on over to youtube.com backslash to use book guy

1586
00:57:59,400 --> 00:58:16,400
and consider joining for as little as $2.99 a month.

