05-10-2006, 12:07 PM
Mike Sellers Wrote:
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> I wonder if they had to verify that they are
> milliionaires. $2 million in sales doesn't mean $2
> million profit.
>
>
I was thinking the same thing. I saw this magazine on the
newsstand and I picked it up and started looking at it and I
told my wife, "a million dollars in sales doesn't mean a
million dollars profit." Many of the item s these people
are selling, except the drop-off centers, at cut throat
prices.
There's a guy near me that started selling
motorcycle helmets on eBay a few years back and was getting
them through a guy in Texas, well the guy in Texas made the
mistake of leaving a shipping label on one of the cases of
helmets where he got them from Asia. He, being the ruthless
businessman he is, contracted directly with the guy in Asia
to buy whole containers at a time of helmets and leather
goods. He's doing really well now. Not that he needs the
money, he sold a pet supply business that he started from the
ground up a few years ago for $4mil and he's heavy into
real estate. He says he does it for fun, for something to
do. He has 3 employees now with the eBay business. I
haven't looked at his stuff lately but I see he is doing
quite well and has excellent feedback.
Here's his store:
http://stores.ebay.com/Factory-Overloads
-------------------------------------------------------
> I wonder if they had to verify that they are
> milliionaires. $2 million in sales doesn't mean $2
> million profit.
>
>
I was thinking the same thing. I saw this magazine on the
newsstand and I picked it up and started looking at it and I
told my wife, "a million dollars in sales doesn't mean a
million dollars profit." Many of the item s these people
are selling, except the drop-off centers, at cut throat
prices.
There's a guy near me that started selling
motorcycle helmets on eBay a few years back and was getting
them through a guy in Texas, well the guy in Texas made the
mistake of leaving a shipping label on one of the cases of
helmets where he got them from Asia. He, being the ruthless
businessman he is, contracted directly with the guy in Asia
to buy whole containers at a time of helmets and leather
goods. He's doing really well now. Not that he needs the
money, he sold a pet supply business that he started from the
ground up a few years ago for $4mil and he's heavy into
real estate. He says he does it for fun, for something to
do. He has 3 employees now with the eBay business. I
haven't looked at his stuff lately but I see he is doing
quite well and has excellent feedback.
Here's his store:
http://stores.ebay.com/Factory-Overloads