Chris Koerner talks to people flipping thrift store tech like VCRs and cameras on online marketplaces. They're making $10,000 monthly by buying items cheap and reselling them for hundreds each. You need $500 to $5,000 to start and about 15 hours of work to net $3,000 to $5,000.
What does your business look like today with regards to like monthly revenue and profit? $10,000-ish, maybe. We actually crossed like 6 figures, which is pretty cool.
Okay, so then after 15 hours of combined work, you make $3,000 to $5,000 in net profit, which is like $400, $500 an hour from your first deal. Yeah, there's so many opportunities like this out there. You didn't even take delivery of them. No, we literally did nothing. That's incredible. This is like your big inflection point, right? You're like, okay, now we're in the big leagues. Let's do more of that.
Exactly. After that, I was hooked. I mean, it's just crazy that like you You go and buy an item and then the next day it's sold. I put up a listing on Marketplace, I get messages, like 20 messages a day.
And you're in the middle of nowhere.
Yeah.
Make them come to you.
Exactly.
Anyone in the world could do that for profit and should.
Yeah. Right. I started my reselling journey when I was 15 years old. I'm guaranteeing you, you have $500 to $5,000 worth of stuff just laying around your house.
Are you selling VCRs?
Yes.
$100 for a VCR? Yeah, because people think they're worthless, just like you think. I just read an article a year or two ago that like the last VCR manufacturer went out of business. Yeah, nobody makes them anymore. Crazy.
There's so much demand.
What is this world? It's supply and demand. There's no more supply, so the demand goes up. Exactly. Holy crap.
Same with camcorders. Nobody makes them anymore. Same with digital cameras. I literally sold 6 of them today for $300. Another brand called Jabra, those sell really good. Dell docking stations, a lot of times like thrift stores just think they're cords and they'll throw them in a cord bucket for a dollar, and they sell for like $60 on eBay. So I've found so many of those. Also cameras, like digital cameras, DSLRs, film cameras. A lot of people sell those at yard sales for like a dollar because they think they're worthless.
I think the biggest takeaway just on this, even outside of I'm telling you, there's so much money in the world. No matter where you are, who you are, you don't have an excuse. If you want to get out there and you want to make sure outside of a 9-to-5, outside of a boss, you just got to put in the work and you can do it. I hopped in my truck and started DoorDashing.
Dude, I was making $30 an hour. Yeah, $30 an hour, and I was having a blast. Like, there are no excuses. There's just— there are none. I'm sorry, the American dream is not dead yet. It is more alive than it's ever been. Yeah. What's the playbook? Someone watching this, whether they're 15 years old or 95 years old, How can they go from, you know, $0 to $5,000 a month, $10,000 a month?
Yeah, I would say it's the easiest playbook ever.
