Saturday, January 3, 2009

Making Money with 'Whatever you Like'

Projected Profit: $800 per scooter (depends on what you're selling)

This is for anybody looking to get a little extra cash.

For instance buy an item you like, and research and find the very best deal for it. Buy online because that's where you're gonna find the best price. Then once you buy it, sell it in the paper for a higher price. After doing this 5-6 times, you would probably have enough money to buy 3-4 at a time, exponentially increasing your profit from there.

For example, let's say you wanted to sell scooters. You can find great deals if you go online. It would only cost you $500-$600 per scooter. You can sell those scooters locally for $1200 to $1300. 

So you buy a scooter online for $500, and sell it locally for $1300. You can use this $1300 to buy 2 scooters. You can pocket the extra $300 and sell the two scooters for $2600. Then you can buy 4 more scooters, and pocket $600 dollars. You're increasing your income exponentially by following this model.

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