Monday, January 14, 2019

An unusual way to enrich - Create a flea market with wholesale products

FACT: Many people earn $ 1,000 a day ($ 104,000 a year) by selling their products at flea markets and exchanging weekend meetings. (I've actually earned more than that on certain days.) Most people think we're just a bunch of poor people trying to earn an extra dollar, and that's exactly what we want them to think.

What do we know you do not do? What are our secrets? Can you do it?

Yes. Everyone can sell at flea markets and get rich ... and I'll tell you exactly how here.

Becoming a flea market seller is easy and affordable. Your expenses will be the cost of your merchandise and your rent of space. The daily rent for an outdoor space can be as low as $ 5- $ 10 per day. Many people start selling second-hand items and start selling new items from wholesalers. New items sell less well than second-hand items and have a higher profit ratio.

Most people already have a table or two that they can bring with them. In fact, I started my flea market and traded with only $ 200 and a couple of card tables I borrowed. I now earn thousands of dollars every month without fail. (Of course, the more money you have to buy goods, the faster your new business will grow.)

The key is to let your new business grow. Do not kill him by taking away all the benefits! I suggest that you have a job or other source of income to cover your living expenses for at least the first six months after starting your new business.

There is an old adage in this case: "The more you have, the more you sell." Believe me, it's true! Consider this to heart and dedicate all your profits to the purchase of more goods. You will have even more to sell next weekend.

Who do you think most buyers will go to, the guy sitting with four items on a single card table or three spaces in front of him, literally loaded with millions of different items? If you think you have enough goods, you do not have enough.

If you use your profits to grow your business and buy more goods each week, it will only take a few months before your sales will increase quickly and you can start keeping some of the profits for yourself without killing it. .

If you live in a cold northern climate in winter or a hot and humid southern climate in the summer, you may consider renting a space in a flea building. Yes, your space rent will increase a little, but you will have the advantage of heat and air conditioning (more comfortable customers spend more money), as well as a secure enclosure for your tables and goods during the week when the market is closed. .

Once your first small business is working well, use its profits to open a second small business on the same flea market or for an exchange exchange, selling a different type of merchandise. Expansion is as easy as renting another space and hire someone to handle it for you. Again, your costs will be just the rent of the merchandise and the space and all you pay for your help. (Be good to them and they will be fine.) As with your first business, reinvest the profits in your second business and let it grow.

The profits of two small businesses will allow you to easily open a third small business. Do as before and let your third business grow. Give back the money by buying more goods.

Then open a fourth, a fifth, a sixth small business in the same flea market. It is not only possible, but almost guaranteed, that if you do, you create your own small business empire in less than a year and have an annual income greater than $ 100,000 after deduction of the fees. .

If you only reinvest your profits in your first new business, it will increase without an extra cent. The profits will allow you to open a second, a third, etc. You do not need a small business loan to start.

In addition, you are not limited to a flea market or an exchange meeting. There may be other markets within 20 or 30 miles of you, where you can do exactly the same thing and multiply your income.

If you follow this simple but effective formula, you will not be able to stop selling at flea markets and become a simple manager, oversee your small business empire and step in to give breaks to your employees.

Once you have a very good income, consider other ways to invest your money to make even more profits, such as opening your own wholesale house and selling merchandise to sellers in the flea market and do even more.

Flea markets and exchange meetings are a great place where an average person can start his own small business and become rich by creating a small business empire.

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