How To Find Something to Sell
The billion-dollar consumer goods industry thrives off of this model:
- Discover a super affordable/obscure product that the masses would spend premiums on.
- License/buy the product, and bring it to the masses.
- WIN
WAT?
P&G and other Fortune 500s source their products like that one dude you know who travels overseas to some country you've never visited, and buys some obscure product to sell to the peeps in your country.
- That is, leverage your resources to find hidden gems that the masses would OH SO LOVE.
eBay Power Sellers
eBay power sellers, for instance, source their wares from years/decades of experience finding the right offshore partners, leveraging their negotiating skills that they've developed over the years, and bringing the sourced products to the masses.
The Quik Guide
The greatest lesson in investing in stocks applies to finding something to sell:
- Find a product that you can buy low, and sell high.
- (Or do/develop/invent/service cheaply, and sell high).
For instance, if you've been baking delicious shiny mother ^%^+^*= gourmet cookies for years that your friends/family/posse love, and you know how to find the ingredients/tools to do so cheaply, then you have a great product to sell to the people of this world.
Find something that is cheap to YOU that you can sell high.
WIN E.V.E.R.Y.D.A.Y.
Low. High.
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Posted on February 12