Thursday, September 22, 2011

Week 1 and 2 - The Result - Show me the money!

I had intended to do a weekly breakdown and summary of profits after a series of posts.. so here is the week 1 and 2 results of this experiment:

Week 1

Number of purchases: 8
Purchases: $102
Modifications: $10
Sales: $335

Profit: $222.00


Week 2



Number of purchases: 4
Purchases: $60
Modifications: $10.17
Sales: $215

Profit: $144.83


So - with a reasonable amount of effort.. you can make between about $100-$200 a week.. You'll see that I've slacked off in future weeks but I'm learning that you don't need to do high volumes of sales.. you just need to be savvy and choose the *right* items to sell.. ones that can turn you a good profit versus just buying something because you know you can make $10-20.. I'm starting to not even consider it if I can't make at least $40.. and so.. the story continues..


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