Turn £100.00 into £10.000.00+ by the end of 2010 official thread PART 2

FullTimeMum2010

Hello ladies and gents.

This is my first post on this forum and I know I'm a little late but have been following this thread for the past week. I have decided to go for it. Me and my partner have decided we have nothing to lose from this. We have a daughter who's almost 2, and we have all of her old clothes / toys to get rid of to start off. I found myself buying a bulk load of blankets last week too. So far I have spent £35. Going to start listing my personal things on Sunday if I can get them all ready

So far I have a buying account, and a personal one. I'm not sure how to get into the business side but I'm sure I'll work it out. I think I will start a new one for my business when I'm done selling my personal things / loading up on some stock.

the_cat

I can't quite believe how well we are all doing! It just goes to show how with the right motivation, what an enormous amount can be achieved

My totals have not changed much this week. I am showing a profit of about £310 which is about the same as last week. However, I had pretty much exhausted the supply of stuff around the house to sell I have been slowly getting 'stock'. I intend to sell this mostly at boot sales so will not recoup the money for a while but to keep me motivated I made a rough count of the profit (assuming a fairly low £1 per item sale price).
The total has shocked me...... £630!! Even if I only sell half of it, there will be a decent profit in it:D

Only problem is I keep seeing more stuff which I think I could make a decent profit from....... at what point should I stop buying

scrooge2008

the_cat wrote: »

I can't quite believe how well we are all doing! It just goes to show how with the right motivation, what an enormous amount can be achieved

My totals have not changed much this week. I am showing a profit of about £310 which is about the same as last week. However, I had pretty much exhausted the supply of stuff around the house to sell I have been slowly getting 'stock'. I intend to sell this mostly at boot sales so will not recoup the money for a while but to keep me motivated I made a rough count of the profit (assuming a fairly low £1 per item sale price).
The total has shocked me...... £630!! Even if I only sell half of it, there will be a decent profit in it:D

Only problem is I keep seeing more stuff which I think I could make a decent profit from....... at what point should I stop buying

That's my problem too. I don't know the answer?? I've stopped looking for now though, until I have loaded all the latest collection on to Local ads, Gumtree or ebay and they have all moved. I don't want to end up with a load of stock, I can't shift.

FullTimeMum2010

I'm trying to stick to certainties right now, but it's hard not to "take a chance"

indierocker85

Well, a few things have sold on ebay, brought my balance back to black for now. But still not sure where to go from here, been looking at charity shop stuff, but thats about as far as it goes, where I live is limited as far as shops go.

Only hobbies are art and fishing and music. Unsure as to what I could do with them to make money. Art can be expensive

FullTimeMum2010

How about concert tickets? Is there any money in buying them full price and selling them for more on ebay?

cally6008

concert tickets - make sure you have the actual ticket in your possession before putting auction on ebay and always send special delivery as they aint covered by normal or recorded delivery

paulabear

credit_crunch wrote: »

i had a mini shopping spree on my lunch hour lol!

i had initially said i wasn't going to do £100 start up amount but think i will change my mind! spent just over £50 so have decided if anything doesn't suit/fit i will put it on ebay for 7/10 days and if it doesn't sell i can return it for a full refund!

does anyone know where i can get a dress maker type dummy? just for taking pics for ebay?

also the whole turbo lister issue on the free listing day - surely it is free to list at 99p anyway so you can use TL for all your 99p listings, and do the ones with higher starting price manually?

You might find doing a search on Ebay for 'mannequin' better - they're around a tenner - dressmaker's dummies are more like £80 upwards :eek:
that's if you don't need it for dressmaking? Or you could try Freecycle

2cats1kid

Some venues are also asking to see the actual credit card they were bought with too. I know the O2 are printing the last 4 digits of the CC number on the ticket stub now.

And I think technically buying in order to sell at a profit is touting and illegal?

ETA just googled and it looks like it's only football tickets at the moment that are actually illegal to resell.

paulabear

Indierocker, what sort of art do you do? Could you do personalised items for people?