Not A Fan Of Ebay Pushing This

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95% or more of the things I sell are items I got for free. Dumpster dived, curb picked, given to me, or they are my own items. It's just how I do it. I can't imagine taking a loan so I can go out and buy things that might not sell. I totally get and respect that that is what people have to do. I just feel bad that people have to go into debt to make money. I like knowing that I don't owe anyone money. Didn't even have a credit card until right around 40.

littlesnarf
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We started by selling what we already had. We put no real money in. 5 months in and we are loving it. We list every day and source four days a week. We did take a vacation the beginning of quarter 3 but we are looking forward to quarter 4. It’s our first one and we are hoping it will push us to the point we can invest in some storage units. But we save some aside for those emergency finds. Your channel has been such a blessing of information and education thank you!

InFaithTreasureHunters
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Debt is the killer of dreams and living within your budget is like breathing fresh air.
It is, as you say Kevin, a person can run a successful reselling business with little to no money at the start, middle, and end.

silverhairstacker
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If you put 42, 000 dollars of cash in a safe back in 1994 it would be worth the same amount. If you put 42, 000 dollars worth of forever stamps from the post office... It is now worth 73, 000 dollars... Almost worth twice as much today.😂

ilj
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CREDIT is KILLER - I've owned two small businesses - credit debt can quickly add up and your profits are depleted, and you are in the hole! I believe the BIGGEST reason people quit a business is lack of financial understanding. Our businesses are debt free because we WORKED in the front end to benefit at this end. 60/40 split. After the initial start-up expenses as you mentioned: 60% profit / 40% to go toward inventory, shipping supplies (if needed), taxes, miscellaneous (cleaning supplies for example).

FoundThingsandFamilyLegacies
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The first thing I did was get a business checking and savings. I keep a set amount in the checking to source and get supplies, anything over that amount gets transfer to the savings. I do a biweekly payout.

darcidefronzo
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Don’t recommend the loan for sure. I read fine print and it states that it sends your info to various loan brokers.

So that means a predatory loan company will mostly likely prey on desperation from some and give out their terrible loans with super high interest rates and high payment plans.

thestoryofricky
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I was watching Fried Green Tomatoes last night and the Jessica Tandy character asked the Kathy Bates character if she ever had a Fleet enema! Forgot about that part lol!

jasteimel
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Thanks again for all your knowledge. You're right. My money makes me money 💰 selling coin lots is my game. You've made me branch out to other things. Thank you kindly 🙏

PilgoreJ
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I have some sales but not the best, but I have decided to slow it down on listing and enjoy life.

Mark-yfi
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Rollo is worth the money. Wasted hours messing with the printer.

winter-antiques-vndy
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Ebay has gone WOKE I have used it for a long time it now sucks right from the top

ben
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A Funko Pop just sold for a record breaking price of just over $200, 000. This same one held the record at $100, 000 for the last few years.

rollingwithstones
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I've just paused at the credit card part Kevin, as you know I'm not a reseller, I just enjoy watching, I much prefer watching you guys from America 🇺🇲 as appose to 🇬🇧 Resellers, but anywho, it was a good few years ago, my bank manager offered me a credit card, he tried pushing it for a while{I wouldn't of taken him up on it anyway} even after I said 'I'm unemployed' to try & shut down the conversation, it didn't faze him... I was only there to pop a cheque in my current account! Anywho I'll carry on watching now 👍🏻 Jayne

TheLuigi
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The way you said Naruto & Gaara 😂😂😂😂

LUMBEEPHENOM
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Morning! We were doing good then we went away to see family over the 4th and have had horrible sales since even though we listed the same amount while away.

DustyBoxTreasures
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I opened a separate checking and savings account, not business because banks nail you on that. I've heard to put 25% of your profit to go towards taxes. Is this a good percentage to put aside?

lauriemedsker
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Good morning, Kevin. Have a great weekend.

Palmetto.State.Picker
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I do the weekly payments. I was doing the daily but had a few returns. So I switched to cover returns.

granitestatepicker
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Do you auction off old items? I have a bunch of beetles and beach boys 45 records. I put up the beetles record “can’t buy me love” seen some sell for $1500 so I just put it up and asked for $500. Got an offer right away for $300 but countered at $400 and no response. Did I make a mistake? Should I do a lot for it all?

MrSota