This is a very heavy episode, you may have to watch a few times through. Thank you for checking out this weeks podcast, I really appreciate everybody! www.patreon.com/resellergreatnesspodcast If you want to learn about Reselling the right way, please check out my Reseller Community. - 30+ Live Coaching Calls in every niche weekly - Everything is recorded for replay - No drama community - 24 Hour Live Co-Worker Room - Access to the most comprehensive database for reselling on the internet. - Everybody moving forward in a positive productive direction -Goals & Accountability www.patreon.com/resellergreatnesspodcast
I was a commercial lender for 12 years and have a bachelors in business. This literally made my heart so happy. It is so scary how many business people don’t get the concept or are constantly shooting from the hip. You also explained this so much better than any other way I have heard. No lie 😂
I am such an undisciplined seller, I have used it to live at poverty level. But I am a great seller who has great reviews and puts 100% in to what little I do. Listening to you has created in me a desire use my whole potential. I have started sourcing very differently since I have listened to half a dozen of your videos, and I am almost (almost) to the place where I list what I bring home right then. The death pile is over half gone, mostly donated, because I'm seeing a bigger picture. You have admirable discipline and I want to be you when I grow up. Commencing now.
Thank you Professor Tech! I have an MBA in Finance and have been through many trainings in my career. This is the best number's related video I have ever seen! Anyone at any level can take away information from this video. You give it away for free! Amazing! Very inspiring! I am glad I joined your group to continue to learn about Ebay!
I feel like i won the actual lottery for finding you and this group! Im only on my 8th week but from month 1 to month 2, my traffic and sales are up over 300%. Now i know SOME if that might have happened organically but you cut the learning curve down by about 15 years lol Forever grateful!
THIS!!!! If you haven't joined the group yet, THIS is MORE than worth a year's membership. 2024 will be a reboot year for my p/t eBay business and I look forward to being consistent and getting GREAT results! Thanks, Tech!
This is the best video on RU-vid. Get your notebook out and the remote to pause and to rewind. This exercise will show you the real deal, even if you don't want to see it. Thank you Tech
I've rewatched this multiple times because unfortunately I'm that guy that needs to hear it multiple times for it to sink in. I've been reselling for about a year now as a side gig. Hoping to turn it into a full-time thing after my military service is up. I started off way wrong and have spent money out of pocket and very much over sourced. I think I've started to get a good handle on what to buy and what to leave. But now I need to stop all of the buying and pay my penance for the stupid things I've done to get this started. I'm in that place right now where nobody in my life believes I can make this happen and my wife in particular is very unhappy with the personal money spent. This will be a lonely road but your videos and others like you help keep me pushing forward. I will continue to do the best that I can until I know better and then I will do better. Thank you for all that you do Tech.
Tech, thank you for this video! Iv been spinning my wheels for the past few years trying to get my eBay business off the ground. Iv watched this video a few times and now I see where Iv been going wrong. It’s time to correct course and start a new. Thank you!
Hi Tech! I have to come back here to say Thank you for saying this line “Don’t wait to list. List and wait”. I’m not sure if this was the video that you said that in or the ones after but that line made a residence in my head. I have one main job and two side hustles and reselling is one of them. I source 3-4x a week and find a lot of inventory but I’ve been falling behind on listing and not listing fast enough. But I buckled down and started listing between 3-12 items a day and things been selling and I’ve gotten a lot more traffic in my store. I’m not complaining about lack of sales. I’m a humble seller and pretty happy with the extra money I make. My goal these next months and this month is to make 1k/month! Yay!
Hi Tech, I could not end my night without sending you a comment on this video. The amount of people you are helping is amazing! I am always very grateful when I watch you and I couldn’t go to sleep until I sent you a huge Thank you! 😊
I’ve been reselling for fun for about 5yrs now. I recently got laid off and desperately do NOT want to go back to the corporate world. I’m going to make a go of reselling and your videos are inspiring and make me feel like I can do it! 🙏❤️
Third time to watch, first time to make the algo happy. Mistakes are becoming less frequent and costly. Thanks Tech for sharing your knowledge and time so freely for the success of others.
I am in the "buying stuff that takes too long to sell" group. I've started working on that recently and have been leaving stuff behind that I would have purchased in the past.
That's a great first step. Sell through is king. Study up on the brands, study up on the nuance, the keywords, price points that turn 6+ month sell through items into items that have a chance of selling today
Hey Tech, this is Harry from The Spot! Met in November on my first visit to your store, with full court there too. You guys were talking about doing that Tampa video at the time. Was a very cool/memorable moment. Love what you do for the community man. Still stoked to be the first to mention the YT channel to you in person. Those BOLO vids are unmatched and I really enjoy running the long-form vids in the background while working. Appreciate you dude.
Yeah! I remember you! Great to hear from you. I hope everything is going well with you and business is good. If you are in the area again and swing by let me know and I'll be sure they take care of you like always! Thank you for checking out the video I hope you enjoyed it and found it helpful.
I shared this video with a new reseller I met today told him all about what I Learned from you guys hopefully he will join your group. I'm re-watching this video again as well great stufff🎉🎉
The group has been monumental to my development. Im still learning. The beginner calls. The coaches. Everyone is working towards helping us be better at ebay. Respect 👊 Thank you. 🙏
Im only half way through and Im pumped up! You have me believing this can really be done and be done well. Im very excited! Thank you so much for all you do...I truly appreciate you!!
man, if this video existed 10 years ago I would already be a millionaire. Finally grasped the concept this year and neve been more excited about my business!
Thank you so much for this class lesson! Love getting my education this early morning! It’s easy to get caught up in sourcing so much that people forget to put the profit in savings rather than investing all the profit into more inventory then go under quickly.
Thank you again for another great video. I have been running my eBay business for 4 years and full time for 2 years. Since I live in a very small village in Germany, my business model is online arbitrage with only new goods. My problem has always been that when I find a very good deal, I immediately buy a large number of items, as I also completely buy up many price error deals. It takes a correspondingly long time until I get the capital I invested back. I definitely have to be a little more careful here in the future, otherwise I'll soon be broke. In fact, from the end of January this year, I'm starting a 3.5 year part-time training course, 2 evenings a week, as a state-certified business economist. - completely free here in Germany. I look forward to more exciting videos and inspiration from you. Best regards and stay healthy
Thank you so much for this Tech. I definitely will have to watch this again. My problem is that I am inventory rich, and your right I can't pay my bills with inventory. Everything that came in i spent on sourcing more items.I am changing that now. Such a valuable lesson. Stay blessed 🙏
GOAT Off the back challenge!! LOVE it. I tried once driving down the street here .. Vintage Chief Wahoo Starter. SICK He said he could sell it it was his roomates.. I dropped the ball .. should have gave him my number. Live and learn Keep these videos coming . We live learninging from you bro 🐐
This is great content to watch you can't get enof of practicing the fundamentals alot of things in my machine that need improvement like "shooting free throws on sunday" I'll be watching this one a bunch THANKS!!!
This is so awesome Coach. I have been doing this, but I was unable to explain it. I feel like the luckiest person in the world for stumbling into the group at the beginning of my journey.
Thank you so much for helping us all! This is another great video! I feel like I've been doing this all wrong. I found my niche but now i need to find the 10 items a day/i need to figure out what shoes/and a separate bank account. Ill be watching this again! 🎉
Yesterday found 400 dollars worth of stuff from one store today didnt find one thing to sell but being consistent is key.Thanks again for so much info,keep em coming 💪
Holy information batman. This episode makes me want to cry. Because I started out in storage unit auctions. 20% of them are good......80% are hell. I had some really good items but it drained me a little. I was broke and couldn't figure out why. (Inventory poor) I started watching people flip on yt. Ultimately I came across tech. I sell good items (3 out of 4 I'd guess) and still I'm not saving big. I get amped and buy buy buy. Things I buy pile on storage unit items. I need to keep taking a bite of that elephant. One bite at a time. Tonight I'm getting my photo area for clothing done. I bet I've got 300 items to list just for that. Tech thank you sir.
Music to my ears, you can revisit as often as possible, thank you for checking out the video. Check out the others, lots of helpful information everywhere
Thanks Tech! You are always spot on 👏 Sourcing willy nilly and buying stuff you like or that is only $1 is fun……having the discipline to research and check sell thru to make good decisions when you source - now that’s work …….but as you always say “it’s a beautiful thing” to get to do this type of “work” 👖 👚 👠 🛍️
TechnSports!! You crush. Communication loud and clear and unwavering since I’ve been following. Thanks for your service and dedication! The time is now 2024!
I'm in extreme grow mode but only for a few months. My average net is 15. Average cost is about 3. I'm banking about 2 bucks per item so still profitable. But the rest is put back in. Once I reach my desired inventory level I'll bank more. It's a small store I do part time
Wow! It was like watching a Tony Robinson,Zig Ziglar Seminar. Your Awesome! I just started a month ago I sell Appliance parts I have about 40 items and it's increasing with 3 to 4 sales a day. It's because of you.i didn't throw in the Towel. Thank you so much for paving the way 15yrs ago
Just a regular guy spreading the gospel of reselling to as many people as I possibly can in hopes it helps people the same way it has helped my family and I.
Been on the sidelines in the last year watching and learning. Tech wins hands down to learn from. Joining today. Time to do this full time and give it my all.
I wasn’t able to join your new group last year, so I just wanted to thank you for sharing your invaluable knowledge via RU-vid. In 2024 I’m working diligently to course-correct and turn my struggle store into a success story. 🙏🏻💪🏻
So much knowledge is dropped here! This is the Christmas present that is like Willi Wonka's Never Ending Gobstopper! Thanks so much Tech for your time and effort, I hope you realize just how much you are appreciated ❤🔥👩🌾
Hello I have been watching lots of your videos and have listened to your podcast for quite awhile. I very much appreciate you helping the rest of us learn how to be successful. This video is incredible but it hurts my little brain trying to truly grasp it.. lol I’m going to watch it over and over until the lightbulb goes off. lol Here are my questions. I’m going to use the $20 return as my model going forward. For items that I’ve sold that didn’t make the $20 profit, can I still use my initial cost of goods to roll over towards a new product? On the other side of the coin, if an item sells for over my $20 goal, ( say my return was $37) do I use the $17 to purchase more items, as long as I put $20 in the bank? I know this is rambling and I apologize, but that’s what isn’t completely clear for me as of now. Thank you again. You are appreciated.
You can but you need to sell more than 1 item to drop moeny in all the buckets we mentioned at the amount we mentioned If you sell one for more profit, then you put more money into the buckets.
Thanks for sharing. I'll have to watch again to absorb everything💫. Knowing the #'s is so important. One of the best things I've done over the last 18 months was create a spreadsheet where I input all my solds & calculate all my #'s. I clearly see my averages & net profit for each item. Definitely gotta work on increasing my margins.
Oh man. This was a great video. Watching your videos and I’m so grateful. I’m only 2 months in and I’ve been doing it wrong (spending all my weekly income back on product vs only spending my initial investment plus one and saving the rest) I’ve been wondering when the time comes to start saving…I thought I had to build up my sales to 10 a day before I could start saving (which seems like a lifetime away ha). I definitely need to join the group. I don’t have an eBay store yet…just have been listing under my eBay profile. Can I join if I don’t have an eBay store yet? Thanks Tech for your content and knowledge (and thanks Carrie for your content which led me to Tech 😊)
This is some great info like everyone is saying in the comments. I'm really hoping to grow my reselling business this year. I've been growing it for the last 3 years consistently doing this part time. I want to finally hope to move on to doing this full time and taking ownership to my career. Thanks for all the amazing info and knowledge Tech.
There’s a certain RU-vid reseller who recently started trying to make money off of your concept, but they are trying to pass it off as their own idea. They have repeatedly said that they created it, but as soon as I heard them talking about it I knew they were ripping off your stuff.
That's how it goes. Good amount of them out there. They were in the group in the past, some of them have been removed from the group, etc. Can't bamboozle people forever. You need results too, not declining 90 day totals.
Awesome video! I joined the group in November. Since then my Average Sale Price has increased some, my sell through has increased and I am learning to buy better items. Thanks so much tech and all the coaches!
Hi Tecb Great video! This is all relevant to have those items you purchase for $5 sell in a short period of time. Besides this could you do ro maybe you have how to get these items to sell to get the rolling savings affect in your bank account as you are explaining in the video. A person can add item, but if they do not sell, that person is going to have a problem making money.
OK this kept me up longer than I planned but great stuff. Very infomrative. I am in the gtoup. Where is the deep dive document you talked about at the beginning? I need more knowledge on what to look for in brands? Thanks
Merry Christmas Tech! Thanks for everything. Jar dropping stuff here.....Stay healthy & much more success. Hope i can join the 34,95 tier in 2024....i am following since the early days. All the best from Germany-D.A.
I feel like im doing pretty well (i hope) i started a month ago (part time i work at ups full time) and i have listed 100 items my first month and have sold 24 of them for $1k. Hopefully i can keep it up!
Hey Tech, I just added my reselling YT channel..brand new. In your patreon…on one of your videos here …I think you may have mentioned you have a RU-vid call? If so, what does that call go over exactly ? How could this help someone? Thank you for your time ,I appreciate it. 🌞
The RU-vid call is on Thursdays at 4 PM EST. It's hosted by Mel @backfromburnout & James @Boldfinds. There are tons of replays in the doc. It helps with social media, building a following and how you can sell your items via social media. Definitely check the replays. Here's the doc with all the replays: docs.google.com/document/d/1ES87i4ybJzBsrwsdNFogJomoKxfy0X1lETAYjDdinwE/edit?tab=t.0
Thanks for this (and everything)! I really needed all these pieces put together in one training session I can refer back to as many times as I need to. Very thankful!
None of the above, just a regular guy who found a glitch in the matrix with reselling and hope to pass along the blessings that it provides us to as many people as possible so it can help others the way it has helped my family and I.
