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PROTECT YOURSELF FROM SCAMS!  Research all business opportunities thoroughly, and never blow off other people's bad experiences.  Ask around (and listen!).  The Scams101 Message Board is a good place to start.  What's that?  You've found a Biz Op and you're wondering if it's endorsed by FIB?...  Not unless it's listed in MaaMaw's Magnificent Toolbox.






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FIB - Scams 101

Easier than most might think

Posted By: Jim Wilson
Date: Sunday, February 4, 2007, at 5:31 p.m.(pst)

In Response To: Re: Auto-Pilot Ebay Businesses (Roy)

Hey Roy,

Your post reads like a "words to the wise" my friend. I mean that sincerely. All too many people seem to believe that the Internet is sort of like an ATM machine. Connect to it and you can simply start making withdrawals. This simply is not the case.

Now, about finding things to sell.

One of my close friends at the FD took my advice and started selling things he had around his house. He started with some old car parts and collectables. He then moved on to books. Now he is selling his kid's old toys and such. As he put it "I was just going to toss this stuff and now I am turning it into some fast cash."

But his story does not end there.

He has also sold some stuff for friends and family. Enough that he is clearing about $200 per month for his efforts. He spends about 4 hours a day twice a week to make this. He has essentially setup his own nice little consignment business!

His most profitable sale was something I personally found really interesting by the way. A used center console for a 1999 Saturn. Apparently there must have been something special about it because he managed to sell it for over $200. Turns out his wife had wrecked his Saturn and insurance had purchased this part to be installed. His mechanic told him that the exchange wasn't necessary and gave him the part. He held onto it cluttering up his garage for about 6 years or so and was about to simply toss it out. Instead he opted to take a couple of pictures of it, run an ad on eBay, and see if it might sell. It did...

The bottom line is really simple. Literally anything will sell with the right ad. And you just never know what little treasures might be hidden around your own home that you don't use, don't need, and might otherwise be inclined to simply toss out.

Good luck, Roy. Success to you!
Jim Wilson

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